(VIANEWS) – Allete (ALE), Post Holdings (POST), Itau Unibanco (ITUB) 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. Allete (ALE)
28.4% sales growth and 3.77% return on equity
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, hydroelectric, natural gas-fired, biomass co-fired, and solar. The company provides regulated utility electric service in northeastern Minnesota to approximately 145,000 retail customers, as well as 15 non-affiliated municipal customers; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 660 megawatt of wind energy generation. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 8,875 megavoltamperes. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
Earnings Per Share
As for profitability, Allete has a trailing twelve months EPS of $3.16.
PE Ratio
Allete has a trailing twelve months price to earnings ratio of 18.13. Meaning, the purchaser of the share is investing $18.13 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 3.77%.
Volume
Today’s last reported volume for Allete is 324965 which is 17.8% above its average volume of 275845.
Revenue Growth
Year-on-year quarterly revenue growth grew by 47.3%, now sitting on 1.75B for the twelve trailing months.
2. Post Holdings (POST)
23.6% sales growth and 10.76% return on equity
Post Holdings, Inc. operates as a consumer packaged goods holding company in the United States and internationally. It operates through five segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail, and BellRing Brands. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products. The Weetabix segment primarily markets and distributes branded and private label RTE cereal, hot cereals and other cereal-based food products, breakfast drinks, and muesli. The Foodservice segment produces and distributes egg and potato products in the foodservice and food ingredient channels. The Refrigerated Retail segment produces and distributes side dishes, eggs and egg products, cheese, sausages, and other refrigerated products to retail customers. The BellRing Brands segment markets and distributes ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and supplements. Post Holdings, Inc. sells its products primarily to grocery stores, mass merchandise customers, supercenters, club stores, natural/specialty stores, and drug store customers; military, e-commerce, and foodservice channels; discounters, wholesalers, and convenience stores; foodservice distributors, restaurant chains, and food manufacturers and processors; online and specialty retailers, supplement stores, and distributors; and food ingredient customers. The company was founded in 1895 and is headquartered in St. Louis, Missouri.
Earnings Per Share
As for profitability, Post Holdings has a trailing twelve months EPS of $6.4.
PE Ratio
Post Holdings has a trailing twelve months price to earnings ratio of 13.33. Meaning, the purchaser of the share is investing $13.33 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 10.76%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.9%, now sitting on 6.29B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 34.8% and 20%, respectively.
Sales Growth
Post Holdings’s sales growth is 19.4% for the present quarter and 23.6% for the next.
Previous days news about Post Holdings(POST)
- According to Zacks on Friday, 11 August, "Some better-ranked consumer staple stocks are Post Holdings (POST Quick QuotePOST – Free Report) , The J.M. Smucker (SJM Quick QuoteSJM – Free Report) and Ingredion Incorporated (INGR Quick QuoteINGR – Free Report) ."
- According to Zacks on Friday, 11 August, "Here we have highlighted three other top-ranked stocks, namely Post Holdings (POST Quick QuotePOST – Free Report) , MGP Ingredients, Inc. (MGPI Quick QuoteMGPI – Free Report) and MamaMancini’s Holding’s, Inc. (MAMA Quick QuoteMAMA – Free Report) ."
3. Itau Unibanco (ITUB)
17.4% sales growth and 18.3% return on equity
Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides property and casualty insurance products covering loss, damage, or liabilities for assets or persons, as well as life insurance products covering death and personal accident. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies, as well as middle-market companies and high net worth clients. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. is a subsidiary of IUPAR – Itaú Unibanco Participações S.A.
Earnings Per Share
As for profitability, Itau Unibanco has a trailing twelve months EPS of $0.65.
PE Ratio
Itau Unibanco has a trailing twelve months price to earnings ratio of 8.65. Meaning, the purchaser of the share is investing $8.65 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 18.3%.
Yearly Top and Bottom Value
Itau Unibanco’s stock is valued at $5.62 at 20:22 EST, under its 52-week high of $6.15 and way higher than its 52-week low of $4.21.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 2, 2023, the estimated forward annual dividend rate is 0.29 and the estimated forward annual dividend yield is 5.27%.
4. First Community Bankshares (FCBC)
5.9% sales growth and 10.37% return on equity
First Community Bankshares, Inc. operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement arrangements; commercial, consumer, and real estate mortgage loans, as well as lines of credit; various credit and debit cards, and automated teller machine card services; and corporate and personal trust services. The company also provides wealth management services, including trust management, estate administration, and investment advisory services; and investment management services. It serves individuals and businesses across various industries, such as education, government, and health services; coal mining and gas extraction; retail trade; construction; manufacturing; tourism; and transportation. As of December 31, 2021, the company operated 49 branches, including 17 branches in West Virginia, 23 branches in Virginia, 7 branches in North Carolina, and 2 branches in Tennessee. First Community Bankshares, Inc. was founded in 1874 and is headquartered in Bluefield, Virginia.
Earnings Per Share
As for profitability, First Community Bankshares has a trailing twelve months EPS of $2.83.
PE Ratio
First Community Bankshares has a trailing twelve months price to earnings ratio of 11.97. Meaning, the purchaser of the share is investing $11.97 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 10.37%.
Moving Average
First Community Bankshares’s worth is way higher than its 50-day moving average of $30.48 and higher than its 200-day moving average of $30.95.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 9, 2023, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 3.43%.
Sales Growth
First Community Bankshares’s sales growth is 14.8% for the current quarter and 5.9% for the next.
Yearly Top and Bottom Value
First Community Bankshares’s stock is valued at $33.88 at 20:22 EST, way under its 52-week high of $39.39 and way above its 52-week low of $22.55.
