(VIANEWS) – Agnico Eagle Mines Limited (AEM), Stewart Information Services Corporation (STC), Old Dominion Freight Line (ODFL) are the highest sales growth and return on equity stocks on this list.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?
1. Agnico Eagle Mines Limited (AEM)
15.8% sales growth and 13.96% return on equity
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits. The company's flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2019, its LaRonde mine had a mineral reserve of approximately 2.9 million ounces of gold. The company is also involved in exploration activities in Europe, Latin America, and the United States. Agnico Eagle Mines Limited was founded in 1953 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Agnico Eagle Mines Limited has a trailing twelve months EPS of $5.18.
PE Ratio
Agnico Eagle Mines Limited has a trailing twelve months price to earnings ratio of 9. Meaning, the purchaser of the share is investing $9 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.96%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.3%, now sitting on 6.25B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 14.6% and 3.5%, respectively.
Sales Growth
Agnico Eagle Mines Limited’s sales growth is 21% for the current quarter and 15.8% for the next.
Previous days news about Agnico Eagle Mines Limited(AEM)
- According to Zacks on Wednesday, 14 February, "Investors are always looking for stocks that are poised to beat at earnings season and Agnico Eagle Mines Limited (AEM Quick QuoteAEM – Free Report) may be one such company. "
2. Stewart Information Services Corporation (STC)
15.6% sales growth and 3.32% return on equity
Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction related services. The company operates through Title and Real Estate Solutions segments. The Title segment is involved in searching, examining, closing, and insuring the condition of the title to real property. This segment also offers home and personal insurance services; services for tax-deferred exchanges; and digital customer engagement platform services. The Real Estate Solutions segment provides appraisal management, online notarization and closing, credit and real estate information, and search and valuation services to the mortgage industry. It offers its products and services through its directly owned policy-issuing offices, network of independent agencies, and other businesses within the company. The company serves homebuyers and sellers, residential and commercial real estate professionals, title agencies, real estate attorneys and investors, and home builders, as well as mortgage lenders and servicers. It operates in the United States, Canada, the United Kingdom, and Australia. The company was founded in 1893 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Stewart Information Services Corporation has a trailing twelve months EPS of $1.08.
PE Ratio
Stewart Information Services Corporation has a trailing twelve months price to earnings ratio of 56.37. Meaning, the purchaser of the share is investing $56.37 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.32%.
3. Old Dominion Freight Line (ODFL)
11.7% sales growth and 31.34% return on equity
Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2022, it owned and operated 11,274 tractors, 31,252 linehaul trailers, and 14,315 pickup and delivery trailers; 44 fleet maintenance centers; and 255 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.
Earnings Per Share
As for profitability, Old Dominion Freight Line has a trailing twelve months EPS of $11.25.
PE Ratio
Old Dominion Freight Line has a trailing twelve months price to earnings ratio of 38.27. Meaning, the purchaser of the share is investing $38.27 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 31.34%.
Yearly Top and Bottom Value
Old Dominion Freight Line’s stock is valued at $430.55 at 00:22 EST, under its 52-week high of $438.05 and way above its 52-week low of $295.80.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 4, 2024, the estimated forward annual dividend rate is 2.08 and the estimated forward annual dividend yield is 0.51%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Old Dominion Freight Line’s EBITDA is 84.31.
4. StoneCo (STNE)
11.3% sales growth and 7.6% return on equity
StoneCo Ltd. provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and sells solutions to brick-and-mortar and digital merchants through sales team. The company served approximately 2.6 million clients primarily small-and-medium-sized businesses; and marketplaces, e-commerce platforms, and integrated software vendors. StoneCo Ltd. was founded in 2000 and is headquartered in George Town, the Cayman Islands.
Earnings Per Share
As for profitability, StoneCo has a trailing twelve months EPS of $0.63.
PE Ratio
StoneCo has a trailing twelve months price to earnings ratio of 27.28. Meaning, the purchaser of the share is investing $27.28 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.6%.
Yearly Top and Bottom Value
StoneCo’s stock is valued at $17.18 at 00:22 EST, below its 52-week high of $18.87 and way higher than its 52-week low of $8.09.
Earnings Before Interest, Taxes, Depreciation, and Amortization
StoneCo’s EBITDA is 2.54.
Sales Growth
StoneCo’s sales growth is 24.4% for the current quarter and 11.3% for the next.
Previous days news about StoneCo(STNE)
- According to Zacks on Thursday, 15 February, "Some better-ranked stocks are CrowdStrike Holdings (CRWD Quick QuoteCRWD – Free Report) , Meta Platforms (META Quick QuoteMETA – Free Report) and StoneCo Ltd. "
5. Alamo Group (ALG)
9% sales growth and 16.47% return on equity
Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use worldwide. The company offers hydraulically-powered and tractor-mounted mowers, including boom-mounted mowers; other cutters and replacement parts for heavy-duty and intensive uses; and heavy duty, tractor- and truck-mounted mowing, and vegetation maintenance equipment and replacement parts. It also provides truck-mounted air vacuum, mechanical broom, and regenerative air sweepers; pothole patchers; leaf collection equipment and replacement brooms; parking lot and street sweepers; excavators; catch basin cleaners and roadway debris vacuum systems; truck-mounted vacuum trucks, combination sewer cleaners, and hydro excavators; ice control products; snow plows and heavy duty snow removal equipment, hitches, attachments, and graders; landscape and vegetation maintenance equipment; and public works and runway maintenance products, parts, and services. In addition, the company offers rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades, and replacement parts, as well as zero turn radius mowers; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts; and heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, and replacement parts. Further, it provides tractor attachments; agricultural implements; hydraulic and boom-mounted hedge and grass cutters, and other tractor attachments and implements; hedgerow cutters, industrial grass mowers, and agricultural seedbed preparation cultivators; self-propelled sprayers and multi-drive load-carrying vehicles; cutting blades; hydraulic and mechanical boom mowers; and high pressure cleaning systems and trenchers. The company was founded in 1955 and is headquartered in Seguin, Texas.
Earnings Per Share
As for profitability, Alamo Group has a trailing twelve months EPS of $11.17.
PE Ratio
Alamo Group has a trailing twelve months price to earnings ratio of 19.55. Meaning, the purchaser of the share is investing $19.55 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.47%.
Moving Average
Alamo Group’s value is above its 50-day moving average of $203.92 and way higher than its 200-day moving average of $184.38.
6. Covenant Logistics Group (CVLG)
6.9% sales growth and 14.17% return on equity
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers. This segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
Earnings Per Share
As for profitability, Covenant Logistics Group has a trailing twelve months EPS of $3.92.
PE Ratio
Covenant Logistics Group has a trailing twelve months price to earnings ratio of 12.81. Meaning, the purchaser of the share is investing $12.81 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.17%.
Yearly Top and Bottom Value
Covenant Logistics Group’s stock is valued at $50.23 at 00:22 EST, way below its 52-week high of $57.57 and way higher than its 52-week low of $32.24.
Moving Average
Covenant Logistics Group’s value is way higher than its 50-day moving average of $45.31 and way above its 200-day moving average of $44.22.
Volume
Today’s last reported volume for Covenant Logistics Group is 66659 which is 21.89% above its average volume of 54686.
