(VIANEWS) – Allete (ALE), FS Bancorp (FSBW), United Community Banks (UCBI) 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)
36.7% 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 19.46. Meaning, the purchaser of the share is investing $19.46 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%.
Yearly Top and Bottom Value
Allete’s stock is valued at $61.48 at 01:22 EST, under its 52-week high of $67.45 and way higher than its 52-week low of $47.77.
2. FS Bancorp (FSBW)
21.6% sales growth and 12.97% return on equity
FS Bancorp, Inc. operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit. The company provides one-to-four-family residential first mortgages, second mortgage/home equity loan products, non-mortgage commercial business loans, commercial real estate loans, and construction and development loans, as well as consumer loans, which primarily include personal lines of credit, credit cards, automobile, direct home improvement, loans on deposit, and recreational loans. As of December 31, 2021, it operated 21 full bank service branches and 10 home loan production offices in suburban communities in the greater Puget Sound area, including Snohomish, King, Pierce, Jefferson, Kitsap, Clallam, Grays Harbor, Thurston, and Lewis counties; and one loan production office in the market area of the Tri-Cities. The company was founded in 1936 and is headquartered in Mountlake Terrace, Washington.
Earnings Per Share
As for profitability, FS Bancorp has a trailing twelve months EPS of $3.91.
PE Ratio
FS Bancorp has a trailing twelve months price to earnings ratio of 7.46. Meaning, the purchaser of the share is investing $7.46 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 12.97%.
Volume
Today’s last reported volume for FS Bancorp is 286 which is 98.91% below its average volume of 26380.
Revenue Growth
Year-on-year quarterly revenue growth grew by 22.6%, now sitting on 122.39M for the twelve trailing months.
3. United Community Banks (UCBI)
14.5% sales growth and 10.11% return on equity
United Community Banks, Inc. operates as a bank holding company for the United Community Bank, a state-chartered bank that provides various banking products and services. The company accepts checking, savings, money market, negotiable order of withdrawal, time, and other deposit accounts, as well as certificates of deposit. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage and construction, consumer direct loans, and indirect auto loans, as well as home equity lines of credits. The company also offers investment products; wealth management services comprising financial planning, customized portfolio management, and investment advice; trust services to manage fiduciary assets; insurance products, including life insurance, long-term care insurance, and tax-deferred annuities; reinsurance on a property insurance contract; and payment processing, merchant, wire transfer, private banking, and other financial services. It serves individuals, small businesses, mid-sized commercial businesses, and non-profit organizations. The company operates through 193 locations in Georgia, North Carolina, South Carolina, Tennessee, and Florida markets. United Community Banks, Inc. was founded in 1950 and is based in Blairsville, Georgia.
Earnings Per Share
As for profitability, United Community Banks has a trailing twelve months EPS of $2.61.
PE Ratio
United Community Banks has a trailing twelve months price to earnings ratio of 8.93. Meaning, the purchaser of the share is investing $8.93 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 10.11%.
Yearly Top and Bottom Value
United Community Banks’s stock is valued at $23.32 at 01:22 EST, way under its 52-week high of $39.50 and way higher than its 52-week low of $20.37.
4. NetEase (NTES)
12.4% sales growth and 20.16% return on equity
NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company operates through Games and Related Value-Added Services, Youdao, Cloud Music, and Innovative Businesses and Others segments. It develops and operates PC and mobile games, as well as offers games licensed from other game developers. The company's products and services include Youdao Dictionary, an online knowledge tool; Youdao Translation, a tool specifically designed to support translation needs of business and leisure travelers; U-Dictionary, an online dictionary and translation app; Youdao Kids' Dictionary, a smart and fun tool; smart devices, such as Youdao Dictionary Pen, Youdao Smart Learning Pad, Youdao Listening Pod, Youdao Smart Light, Youdao Pocket Translator, and Youdao Super Dictionary; online courses; interactive learning apps; and education digitalization solutions, such as Youdao Smart Learning Terminal, a device that automates paper-based homework processing; Youdao Smart Cloud, a cloud-based platform that allows third-party app developers, smart device brands, and manufacturers to the company's OCR capabilities; and Youdao Sports, a sports-centric educational system. Its products and services also include NetEase Cloud Music, a music streaming platform; Yanxuan, an e-commerce platform, which sells private label products; www.163.com portal and related mobile app, Wangyi Xinwen, which deliver information such as news, sports events, technology, fashion trends, and online entertainment; NetEase Mail, an email service; NetEase CC Live streaming, a live streaming platform with a focus on game broadcasting; and NetEase Pay, a payment platform. The company was formerly known as NetEase.com, Inc. and changed its name to NetEase, Inc. in March 2012. NetEase, Inc. was founded in 1997 and is headquartered in Hangzhou, the People's Republic of China.
Earnings Per Share
As for profitability, NetEase has a trailing twelve months EPS of $4.73.
PE Ratio
NetEase has a trailing twelve months price to earnings ratio of 18.28. Meaning, the purchaser of the share is investing $18.28 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 20.16%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.3%, now sitting on 97.99B for the twelve trailing months.
Volume
Today’s last reported volume for NetEase is 1032110 which is 13.26% below its average volume of 1189950.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 7, 2023, the estimated forward annual dividend rate is 1.39 and the estimated forward annual dividend yield is 1.55%.
Yearly Top and Bottom Value
NetEase’s stock is valued at $86.48 at 01:22 EST, way below its 52-week high of $108.77 and way higher than its 52-week low of $53.09.
Previous days news about NetEase(NTES)
- According to Zacks on Thursday, 1 June, "On that note, let us look at companies like Lowe’s Companies (LOW Quick QuoteLOW – Free Report) , NetEase (NTES Quick QuoteNTES – Free Report) , Canadian Imperial Bank of Commerce (CM Quick QuoteCM – Free Report) , Hamilton Lane (HLNE Quick QuoteHLNE – Free Report) and IDEX (IEX Quick QuoteIEX – Free Report) which have lately hiked their dividend payouts."
5. TriMas Corporation (TRS)
9% sales growth and 8.87% return on equity
TriMas Corporation manufactures and provides products for consumer products, aerospace, and industrial end markets worldwide. It operates in three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers specialty polymeric and steel closure and dispensing systems, including dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, flexible spouts, and agricultural closures; polymeric jar products; integrated dispensers; bag-in-box products; aseptic closures; industrial closures and flex spouts; and single-bodied and assembled caps and closures under the Rieke, Taplast, Affaba & Ferrari, Stolz, and Rapak brands. The Aerospace segment provides fasteners, collars, blind bolts, rivets, ducting and connectors for air management systems, and machined parts and components to original equipment manufacturers, supply chain distributors, MRO/aftermarket providers, and tier one suppliers for commercial, maintenance, repair, and operations (MRO); and military and defense aerospace applications and platforms under the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, RSA Engineered Products, and Martinic Engineering brands. The Specialty Products segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder brand; natural gas powered wellhead engines, compressors, and replacement parts for oil and natural gas production, and other industrial and commercial markets under the Arrow brand; and spare parts for various industrial engines. The company sells its products through a direct sales force, third-party agents, and distributors. TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan.
Earnings Per Share
As for profitability, TriMas Corporation has a trailing twelve months EPS of $1.36.
PE Ratio
TriMas Corporation has a trailing twelve months price to earnings ratio of 18.84. Meaning, the purchaser of the share is investing $18.84 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 8.87%.
6. Argan (AGX)
7% sales growth and 11.44% return on equity
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction (EPC) contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 15 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and energy plant construction companies. The Industrial Fabrication and Field Services segment provides industrial field, and steel pipe and vessel fabrication services for forest products, power, energy, large fertilizer, EPC, mining, and petrochemical companies in southeast region of the United States. The Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structuring, cabling, terminations, and connectivity that offers the physical transport for high speed data, voice, video, and security networks. This segment serves state and local government agencies, regional communications service providers, electric utilities, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region of the United States. Argan, Inc. was founded in 1961 and is headquartered in Rockville, Maryland.
Earnings Per Share
As for profitability, Argan has a trailing twelve months EPS of $2.33.
PE Ratio
Argan has a trailing twelve months price to earnings ratio of 17.91. Meaning, the purchaser of the share is investing $17.91 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 11.44%.
Sales Growth
Argan’s sales growth is 16.6% for the current quarter and 7% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 28% and positive 100% for the next.
7. Bank of America (BAC)
6.6% sales growth and 10.47% return on equity
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. The company was founded in 1784 and is based in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Bank of America has a trailing twelve months EPS of $3.33.
PE Ratio
Bank of America has a trailing twelve months price to earnings ratio of 8.67. Meaning, the purchaser of the share is investing $8.67 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 10.47%.
Previous days news about Bank of America(BAC)
- HBCU week awards gala presented by Bank of America expands scholarship support for HBCU students. According to Business Insider on Thursday, 1 June, "The HBCU Week Foundation, Inc. is hosting its 4th annual HBCU Week Awards Gala presented by Bank of America on June 9 at the HOTEL DUPONT in Wilmington, Delaware. "
- According to Zacks on Thursday, 1 June, "The "Magnificent Seven" (the term given by Bank of America strategist Michael Hartnett) - Apple (AAPL), Alphabet (GOOGL, GOOG), Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), Tesla (TSLA) and Nvidia (NVDA) - saw a huge rally last month. "
- According to Zacks on Thursday, 1 June, "Last week, Bank of America Global Research gave a call for the S&P 500 to hit 4300 by the end of the year."
- According to Zacks on Thursday, 1 June, "All else being equal, a weak China is a positive for the U.S. dollar, and to some extent the yen, against the euro or the Aussie," said Shusuke Yamada, chief FX and rates strategist at Bank of America in Tokyo, per a Reuters article, quoted on Yahoo."
- According to Zacks on Thursday, 1 June, "Hence, JPMorgan Chase & Co. (JPM Quick QuoteJPM – Free Report) , Bank of America Corp. (BAC Quick QuoteBAC – Free Report) and Citigroup Inc. (C Quick QuoteC – Free Report) are worth taking a look.", "Post the clearance of the 2022 stress test, Bank of America announced a dividend hike of 4.8% in July 2022, following a 17% hike in July 2021. "
