Argan And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Argan (AGX), TriMas Corporation (TRS), EMCOR Group (EME) 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. Argan (AGX)

23.7% sales growth and 12.78% 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 $2.47.

PE Ratio

Argan has a trailing twelve months price to earnings ratio of 18.96. Meaning, the purchaser of the share is investing $18.96 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 12.78%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jan 21, 2024, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 2.56%.

Moving Average

Argan’s value is above its 50-day moving average of $45.57 and way higher than its 200-day moving average of $42.42.

2. TriMas Corporation (TRS)

22.8% sales growth and 7.83% 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 $1.23.

PE Ratio

TriMas Corporation has a trailing twelve months price to earnings ratio of 19.77. Meaning, the purchaser of the share is investing $19.77 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 7.83%.

Volume

Today’s last reported volume for TriMas Corporation is 152456 which is 24.31% below its average volume of 201431.

Yearly Top and Bottom Value

TriMas Corporation’s stock is valued at $24.32 at 05:22 EST, way below its 52-week high of $31.89 and above its 52-week low of $22.59.

3. EMCOR Group (EME)

9.3% sales growth and 26.59% return on equity

EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services primarily in the United States and the United Kingdom. It offers design, integration, installation, starts-up, operation, and maintenance services related to electrical power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation in the refining, chemical processing, and food processing industries; low-voltage systems, such as fire alarm, security, and process control systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services. The company also provides building services that cover commercial and government site-based operations and maintenance; facility management, maintenance, and services; outage services to utilities and industrial plants; military base operations support services; mobile mechanical maintenance and services; services for indoor air quality; floor care and janitorial services; landscaping, lot sweeping, and snow removal services; vendor management and call center services; installation and support for building systems; program development, management, and maintenance for energy systems; technical consulting and diagnostic services; infrastructure and building projects; small modification and retrofit projects; and other building services. It offers industrial services to oil, gas, and petrochemical industries. EMCOR Group, Inc. was incorporated in 1987 and is headquartered in Norwalk, Connecticut.

Earnings Per Share

As for profitability, EMCOR Group has a trailing twelve months EPS of $11.45.

PE Ratio

EMCOR Group has a trailing twelve months price to earnings ratio of 18.55. Meaning, the purchaser of the share is investing $18.55 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 26.59%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 33.1% and 18.1%, respectively.

Volume

Today’s last reported volume for EMCOR Group is 429496 which is 46.3% above its average volume of 293558.

Sales Growth

EMCOR Group’s sales growth is 13.7% for the present quarter and 9.3% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

EMCOR Group’s EBITDA is 37.67.

4. Northeast Community Bancorp (NECB)

9% sales growth and 15.94% return on equity

Northeast Community Bancorp, Inc. operates as the holding company for Northeast Community Bank that provides various financial services to consumers and businesses. The company accepts deposit products, such as checking, money market, savings, and individual retirement accounts, as well as certificates of deposit. Its loan products include multi-family, mixed-use, and real estate loans; commercial and industrial loans; construction loans; consumer loans; passbook, term, small business administration, and cooperative building loans; and revolving lines of credit. The company also offers various ATM/debit, credit, and gift cards; and investment advisory and financial planning, direct and remote deposit, wire transfer, automated clearing house, credit card merchant, coin and currency, and cash management services, as well as Internet, mobile, and telephone banking services. It operates three full-service branches in New York; three full-service branches in Massachusetts; one full service branch in Rockland County; two full service branch offices in Orange County; and a loan production office in New City, New York. The company was founded in 1934 and is headquartered in White Plains, New York. Northeast Community Bancorp, Inc. is a subsidiary of Northeast Community Bancorp, MHC.

Earnings Per Share

As for profitability, Northeast Community Bancorp has a trailing twelve months EPS of $2.92.

PE Ratio

Northeast Community Bancorp has a trailing twelve months price to earnings ratio of 5.74. Meaning, the purchaser of the share is investing $5.74 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 15.94%.

Yearly Top and Bottom Value

Northeast Community Bancorp’s stock is valued at $16.75 at 05:22 EST, under its 52-week high of $17.95 and way higher than its 52-week low of $12.50.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jan 1, 2024, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 1.43%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 41.8%, now sitting on 94.86M for the twelve trailing months.

Volume

Today’s last reported volume for Northeast Community Bancorp is 16224 which is 73.39% below its average volume of 60974.

5. WEX (WEX)

8.5% sales growth and 16.25% return on equity

WEX Inc. operates a commerce platform in the United States and internationally. The Fleet Solutions segment offers fleet vehicle payment solutions, transaction processing, and information management services. It also provides account and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and tools to fleets to manage expenses and capital requirements. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Travel and Corporate Solutions segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. Its products include virtual cards that are used for transactions where no physical card is presented. This segment markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals, as well as businesses and financial institutions. The Health and Employee Benefit Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. Its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. This segment also provides custodial and depository services for health savings accounts; and payroll-related benefits. This segment markets its products through third-party administrators, financial institutions, payroll providers, and health plans. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is based in Portland, Maine.

Earnings Per Share

As for profitability, WEX has a trailing twelve months EPS of $6.18.

PE Ratio

WEX has a trailing twelve months price to earnings ratio of 32. Meaning, the purchaser of the share is investing $32 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 16.25%.

Sales Growth

WEX’s sales growth is 5.8% for the ongoing quarter and 8.5% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.7%, now sitting on 2.5B for the twelve trailing months.

Yearly Top and Bottom Value

WEX’s stock is valued at $197.76 at 05:22 EST, under its 52-week high of $204.06 and way higher than its 52-week low of $161.95.

6. Surgery Partners (SGRY)

6.9% sales growth and 3.88% return on equity

Surgery Partners, Inc., through its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. The company operates through two segments, Surgical Facility Services and Ancillary Services. Its surgical facilities comprise ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including gastroenterology, general surgery, ophthalmology, orthopedics, and pain management. The company's surgical hospitals also provide ancillary services, such as diagnostic imaging, pharmacy, laboratory, obstetrics, oncology, physical therapy, and wound care; and ancillary services, which consist of multi-specialty physician practices, urgent care facilities, and anesthesia services. As of December 31, 2021, it owned or operated a portfolio of 126 surgical facilities, including 108 ambulatory surgical centers and 18 surgical hospitals in 31 states. Surgery Partners, Inc. was founded in 2004 and is headquartered in Brentwood, Tennessee.

Earnings Per Share

As for profitability, Surgery Partners has a trailing twelve months EPS of $-0.33.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.88%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8.6%, now sitting on 2.72B for the twelve trailing months.

Volume

Today’s last reported volume for Surgery Partners is 789247 which is 21.89% below its average volume of 1010460.

Sales Growth

Surgery Partners’s sales growth is 4.9% for the present quarter and 6.9% for the next.

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