(VIANEWS) – Allete (ALE), The Joint Corp. (JYNT), Amerant Bancorp (AMTB) 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 17.94. Meaning, the purchaser of the share is investing $17.94 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%.
Sales Growth
Allete’s sales growth is 19.7% for the present quarter and 28.4% for the next.
Moving Average
Allete’s worth is below its 50-day moving average of $60.65 and under its 200-day moving average of $60.83.
2. The Joint Corp. (JYNT)
22.1% sales growth and 11.36% return on equity
The Joint Corp. develops, owns, operates, supports, and manages chiropractic clinics in the United States. The company operates through two segments, Corporate Clinics and Franchise Operations. It operates through direct ownership, management arrangements, franchising, and the sale of regional developer rights. As of January 27, 2021, the company operated approximately 550 locations in the United States. The company was incorporated in 2010 and is headquartered in Scottsdale, Arizona.
Earnings Per Share
As for profitability, The Joint Corp. has a trailing twelve months EPS of $0.24.
PE Ratio
The Joint Corp. has a trailing twelve months price to earnings ratio of 56.25. Meaning, the purchaser of the share is investing $56.25 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 11.36%.
Sales Growth
The Joint Corp.’s sales growth is 20.2% for the current quarter and 22.1% for the next.
3. Amerant Bancorp (AMTB)
21.5% sales growth and 9.15% return on equity
Amerant Bancorp Inc. operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally. The company offers a range of checking and savings accounts, certificates of deposit, and money market accounts. It also provides variable and fixed rate commercial real estate loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by personal residence; working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans; loans to financial institutions and acceptances; and consumer loans and overdrafts, such as automobile loans, personal loans, or loans secured by cash or securities and revolving credit card agreements. In addition, the company offers trust and estate planning products and services to high net worth customers, brokerage and investment advisory services in global capital markets, and wealth management and fiduciary services. Further, it provides debit and credit cards; remote deposit capture, online and mobile banking, night depository, direct deposit, and treasury management services; cashier's checks, safe deposit boxes, and letters of credit, as well as automated clearinghouse services; and account balances, online transfers, online bill payment, and electronic delivery of customer statements, as well as automated teller machines, and banking by mobile device, telephone, and mail. As of December 31, 2020, the company operated 25 banking centers comprising 18 in Florida and 7 in Texas. It also operates loan production offices in New York City, New York, as well as Dallas, Texas. The company was formerly known as Mercantil Bank Holding Corporation and changed its name to Amerant Bancorp Inc. in June 2019. Amerant Bancorp Inc. was founded in 1979 and is headquartered in Coral Gables, Florida.
Earnings Per Share
As for profitability, Amerant Bancorp has a trailing twelve months EPS of $2.01.
PE Ratio
Amerant Bancorp has a trailing twelve months price to earnings ratio of 8.83. Meaning, the purchaser of the share is investing $8.83 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 9.15%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 11, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 2.01%.
4. Booking Holdings (BKNG)
16.5% sales growth and 147.75% return on equity
Booking Holdings Inc. provides travel and restaurant online reservation and related services worldwide. The company operates Booking.com, which offers online accommodation reservations; Rentalcars.com that provides online rental car reservation services; and Priceline, which offer online travel reservation services, and consumers hotel, flight, and rental car reservation services, as well as vacation packages, cruises, and hotel distribution services. It also operates Agoda that provides online accommodation reservation services, as well as flight, ground transportation and activities reservation services. In addition, the company operates KAYAK, an online meta-search service that allows consumers to search and compare travel itineraries and prices, comprising airline ticket, accommodation reservation, and rental car reservation information; and OpenTable for booking online restaurant reservations. Further, it offers travel-related insurance products, and restaurant management services to consumers, travel service providers, and restaurants; and advertising services. The company was formerly known as The Priceline Group Inc. and changed its name to Booking Holdings Inc. in February 2018. The company was founded in 1997 and is headquartered in Norwalk, Connecticut.
Earnings Per Share
As for profitability, Booking Holdings has a trailing twelve months EPS of $100.66.
PE Ratio
Booking Holdings has a trailing twelve months price to earnings ratio of 28.23. Meaning, the purchaser of the share is investing $28.23 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 147.75%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 40.2%, now sitting on 18.17B for the twelve trailing months.
Moving Average
Booking Holdings’s worth is above its 50-day moving average of $2,645.14 and way higher than its 200-day moving average of $2,301.88.
Previous days news about Booking Holdings(BKNG)
- According to Zacks on Tuesday, 11 July, "Most of the fund’s holdings were in companies like Mcdonald’s(16.8%), Booking Holdings Inc (11.5%) and Hilton Worldwide Holdings (7.9%) as of Feb 28, 2023.FDLSX’s 3-year and 5-year returns are 17.3% and 10%, respectively. "
5. H&E Equipment Services (HEES)
14% sales growth and 39.31% return on equity
H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis through a fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment sells used equipment through retail sales force primarily from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional in-house retail sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment serves its rental fleet and equipment owned customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of hi-lift or aerial work platforms, cranes, earthmoving and material handling equipment, and others. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of December 31, 2021, the company had a network of 102 service facilities in the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
Earnings Per Share
As for profitability, H&E Equipment Services has a trailing twelve months EPS of $4.06.
PE Ratio
H&E Equipment Services has a trailing twelve months price to earnings ratio of 11.27. Meaning, the purchaser of the share is investing $11.27 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 39.31%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 34.2% and 21%, respectively.
6. Lincoln Electric Holdings (LECO)
14% sales growth and 47.09% return on equity
Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. The company's product offering also includes computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, it is involved in the retail business in the United States. Lincoln Electric Holdings, Inc. serves general fabrication, energy and process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. The company sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Lincoln Electric Holdings has a trailing twelve months EPS of $8.
PE Ratio
Lincoln Electric Holdings has a trailing twelve months price to earnings ratio of 24.83. Meaning, the purchaser of the share is investing $24.83 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 47.09%.
Sales Growth
Lincoln Electric Holdings’s sales growth is 13.4% for the present quarter and 14% for the next.
Volume
Today’s last reported volume for Lincoln Electric Holdings is 355213 which is 7.49% below its average volume of 384000.
7. Oceaneering International (OII)
10.2% sales growth and 9.57% return on equity
Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas industry, as well as to defense, aerospace, and commercial theme park industries worldwide. The company's Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drill support, vessel-based inspection, maintenance and repair, installation and construction support, pipeline inspection and surveys, and subsea production facility operation and maintenance services. As of December 31, 2019, this segment owned 250 work-class ROVs. The company's Subsea Products segment constructs various specialty subsea hardware products, including subsea umbilicals utilizing steel tubes, thermoplastic hoses, and termination assemblies; tooling, ROV tooling, and subsea work packages; production control equipment; installation and workover control systems; clamp connectors; pipeline connector and repair systems; subsea and topside control valves; and subsea chemical injection valves, as well as offers riserless light well intervention services. Its Subsea Projects segment performs subsea oilfield hardware installation and inspection, maintenance, and repair services; serves shallow water projects; and performs subsea intervention and hardware installation services, such as subsea well tie-backs, pipeline/flow line tie-ins and repairs, pipeline crossing, and umbilical and other subsea equipment installations, and subsea intervention services. The company's Asset Integrity segment offers asset integrity services for the safety of customers' facilities onshore and offshore; third-party inspections to customers in the oil and gas, petrochemical, and power generation industries; and first-pass integrity evaluation and assessment, and nondestructive testing services. Its Advanced Technologies segment provides project management, engineering services, and equipment for applications in non-energy industries. The company was founded in 1964 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Oceaneering International has a trailing twelve months EPS of $0.49.
PE Ratio
Oceaneering International has a trailing twelve months price to earnings ratio of 45.57. Meaning, the purchaser of the share is investing $45.57 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 9.57%.
Moving Average
Oceaneering International’s worth is way higher than its 50-day moving average of $17.68 and way above its 200-day moving average of $16.54.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Oceaneering International’s EBITDA is 64.81.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.4%, now sitting on 2.16B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 314.3% and 43.5%, respectively.
Previous days news about Oceaneering International(OII)
- According to Zacks on Tuesday, 11 July, "In this context, Oceaneering International (OII Quick QuoteOII – Free Report) , Murphy USA (MUSA Quick QuoteMUSA – Free Report) and Civitas Resources (CIVI Quick QuoteCIVI – Free Report) present investment opportunities for those looking to capitalize on the recovery.", "Oceaneering International: A leading provider of integrated technology solutions, Oceaneering International is active at all phases of the offshore oilfield lifecycle. "
- Oceaneering international (oii) is a great momentum stock: should you buy?. According to Zacks on Tuesday, 11 July, "Over the past quarter, shares of Oceaneering International have risen 20.89%, and are up 109.43% in the last year. ", "Below, we take a look at Oceaneering International (OII Quick QuoteOII – Free Report) , which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions."
8. Mercantile Bank Corporation (MBWM)
5.1% sales growth and 15.61% return on equity
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial, residential mortgage, and instalment loans; vacant land, land development, and residential construction loans; owner and non-owner occupied, and multi-family and residential rental property real estate loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as loans for new and used automobiles, boats, and credit cards, as well as overdraft protection services. In addition, it provides courier services and safe deposit facilities; repurchase agreements; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 27 automated teller machines and 13 video banking machines. The company operates 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Mercantile Bank Corporation has a trailing twelve months EPS of $4.44.
PE Ratio
Mercantile Bank Corporation has a trailing twelve months price to earnings ratio of 6.22. Meaning, the purchaser of the share is investing $6.22 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 15.61%.
Volume
Today’s last reported volume for Mercantile Bank Corporation is 21179 which is 43.72% below its average volume of 37638.
Yearly Top and Bottom Value
Mercantile Bank Corporation’s stock is valued at $27.62 at 06:23 EST, way below its 52-week high of $39.03 and way higher than its 52-week low of $23.89.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 31, 2023, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 4.79%.
