(VIANEWS) – Albemarle (ALB), Heritage Global (HGBL), National Oilwell Varco (NOV) 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. Albemarle (ALB)
136.7% sales growth and 25.88% return on equity
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, and disinfectants and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Albemarle has a trailing twelve months EPS of $3.52.
Albemarle has a trailing twelve months price to earnings ratio of 64.22. Meaning, the purchaser of the share is investing $64.22 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 25.88%.
Albemarle’s sales growth is 194.5% for the current quarter and 136.7% for the next.
Today’s last reported volume for Albemarle is 1907950 which is 21.5% above its average volume of 1570280.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 719.8% and 202.1%, respectively.
Previous days news about Albemarle(ALB)
- According to Zacks on Friday, 10 March, "Industry players like Air Products and Chemicals, Inc. (APD Quick QuoteAPD – Free Report) , DuPont de Nemours, Inc. (DD Quick QuoteDD – Free Report) , Albemarle Corporation (ALB Quick QuoteALB – Free Report) and Cabot Corporation (CBT Quick QuoteCBT – Free Report) are banking on strategic measures, including operating cost reductions and aggressive price hikes to tide over the challenging environment.", "Albemarle: North Carolina-based Albemarle is a premier specialty chemicals company with leading positions in attractive end markets globally. "
2. Heritage Global (HGBL)
35.9% sales growth and 18.56% return on equity
Heritage Global, Inc. operates as an asset services company with focus on financial and industrial asset transactions. The company provides market making, acquisitions, dispositions, valuations, and secured lending services. It focuses on identifying, valuing, acquiring, and monetizing underlying tangible and intangible assets. Heritage Global Inc. acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; accounts receivable portfolios; intellectual property; and business enterprises. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global, Inc. in August 2013. Heritage Global, Inc. was incorporated in 1983 and is headquartered in San Diego, California.
Earnings Per Share
As for profitability, Heritage Global has a trailing twelve months EPS of $0.17.
Heritage Global has a trailing twelve months price to earnings ratio of 14.65. Meaning, the purchaser of the share is investing $14.65 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 18.56%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Heritage Global’s EBITDA is 13.58.
Heritage Global’s sales growth is 45.5% for the present quarter and 35.9% for the next.
Today’s last reported volume for Heritage Global is 145076 which is 73.44% above its average volume of 83645.
Yearly Top and Bottom Value
Heritage Global’s stock is valued at $2.49 at 20:22 EST, way below its 52-week high of $2.88 and way higher than its 52-week low of $1.02.
3. National Oilwell Varco (NOV)
17.4% sales growth and 3.04% return on equity
National Oilwell Varco, Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. It operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The company offers various equipment and technologies used to perform drilling operations. It also provides solids control and waste management equipment and services; drilling fluids; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation, and measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company offers equipment and technologies for hydraulic fracture stimulation, including pressure pumping trucks, blenders, sanders, hydration units, injection units, flowline, and manifolds; well intervention, such as coiled tubing units, coiled tubing, and wireline units, as well as blowout preventers and tools; onshore production comprising fluid processing systems, composite pipes, surface transfer and progressive cavity pumps, and artificial lift systems; offshore production that include fluid processing systems, floating production systems, and subsea production technologies; and connectors for conductor pipes. It also provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; blowout preventers; drives and generators; rig instrumentation and control systems; equipment components for offshore wind construction vessels; mooring, anchor, and deck handling machinery; and pipelay and construction systems. The company offers spare parts, repair, and rentals, as well as remote equipment monitoring, technical support, field service, and customer training services. National Oilwell Varco, Inc. was founded in 1862 and is based in Houston, Texas.
Earnings Per Share
As for profitability, National Oilwell Varco has a trailing twelve months EPS of $-1.59.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.04%.
4. CNB Financial Corporation (CCNE)
11.6% sales growth and 12.98% return on equity
CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as various other specialized financial services. It also provides wealth and asset management services, including the administration of trusts and estates, retirement plans, and other employee benefit plans, as well as a range of wealth management services. In addition, the company invests in debt and equity securities; sells nonproprietary annuities and other insurance products; and small balance unsecured loans and secured loans primarily collateralized by automobiles and equipment. As of February 8, 2022, the company operated a private banking division; three loan production office; one drive-up office; and 45 full-service offices in Pennsylvania, Ohio, New York, and Virginia. CNB Financial Corporation was founded in 1865 and is headquartered in Clearfield, Pennsylvania.
Earnings Per Share
As for profitability, CNB Financial Corporation has a trailing twelve months EPS of $2.77.
CNB Financial Corporation has a trailing twelve months price to earnings ratio of 8.62. Meaning, the purchaser of the share is investing $8.62 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 12.98%.
Year-on-year quarterly revenue growth grew by 13.4%, now sitting on 215.84M for the twelve trailing months.
As stated by Morningstar, Inc., the next dividend payment is on Feb 27, 2023, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 2.91%.
CNB Financial Corporation’s worth is below its 50-day moving average of $23.90 and below its 200-day moving average of $24.83.
Today’s last reported volume for CNB Financial Corporation is 33526 which is 53.95% below its average volume of 72816.
5. Allegheny Technologies Incorporated (ATI)
8.4% sales growth and 14.72% return on equity
Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. The company operates in two segments, High Performance Materials & Components and Advanced Alloys & Solutions. The company produces high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium; powder alloys; and other specialty materials in long product forms of ingots, billets, bars, rods, wires, and shapes and rectangles, as well as seamless tubes, plus precision forgings, castings, components, and machined parts to the aerospace and defense, medical, oil and gas, and electrical energy markets. It also provides stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various product forms, including plate, sheet, and precision rolled strip products to various markets, such as chemical and hydrocarbon processing,. Allegheny Technologies Incorporated was founded in 1960 and is based in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, Allegheny Technologies Incorporated has a trailing twelve months EPS of $0.96.
Allegheny Technologies Incorporated has a trailing twelve months price to earnings ratio of 43.72. Meaning, the purchaser of the share is investing $43.72 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 14.72%.