Banc of California And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Banc of California (BANC), Intercontinental Exchange (ICE), Oceaneering International (OII) 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. Banc of California (BANC)

220% sales growth and 10.47% return on equity

Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. The company offers deposit products, including checking, savings, money market, retirement, and interest-bearing and noninterest-bearing demand accounts, as well as certificate of deposits. It also provides various commercial and consumer loan products, such as commercial and industrial loans; commercial real estate and multifamily loans; construction loans; single family residential mortgage loans; warehouse and indirect/direct leveraged lending; home equity lines of credit; small business administration loans; and other consumer loans. In addition, the company offers automated bill payment, cash and treasury management, foreign exchange, card payment, remote and mobile deposit capture, automated clearing house origination, wire transfer, direct deposit, and internet banking services; and master demand accounts, interest rate swaps, and safe deposit boxes. Further, it invests in collateralized loan obligations, agency securities, municipal bonds, agency residential mortgage-backed securities, and corporate debt securities. As of December 31, 2020, the company operated 29 full-service branches in Southern California. The company was formerly known as First PacTrust Bancorp, Inc. and changed its name to Banc of California, Inc. in July 2013. Banc of California, Inc. was founded in 1941 and is headquartered in Santa Ana, California.

Earnings Per Share

As for profitability, Banc of California has a trailing twelve months EPS of $1.75.

PE Ratio

Banc of California has a trailing twelve months price to earnings ratio of 6.61. Meaning, the purchaser of the share is investing $6.61 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%.

2. Intercontinental Exchange (ICE)

19.5% sales growth and 10.38% return on equity

Intercontinental Exchange, Inc., together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The company operates regulated marketplaces for listing, trading, and clearing an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange, and equities, as well as corporate and exchange-traded funds; and trading venues, including regulated exchanges and clearing houses. It also offers energy, agricultural and metals, and financial futures and options; and cash equities and equity options, and over-the-counter and other markets, as well as listings and data and connectivity services. In addition, the company provides fixed income data and analytic, fixed income execution, CDS clearing, and other multi-asset class data and network services. Further, it offers proprietary and comprehensive mortgage origination platform, which serves residential mortgage loans; closing solutions that provides customers connectivity to the mortgage supply chain and facilitates the secure exchange of information; data and analytics services; and Data as a Service for lenders to access data and origination information. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.

Earnings Per Share

As for profitability, Intercontinental Exchange has a trailing twelve months EPS of $4.3.

PE Ratio

Intercontinental Exchange has a trailing twelve months price to earnings ratio of 27.61. Meaning, the purchaser of the share is investing $27.61 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 10.38%.

3. Oceaneering International (OII)

19.4% sales growth and 14.48% return on equity

Oceaneering International, Inc. provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. The company's Subsea Robotics segment provides remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair. This segment also offers ROV tooling, and survey services, such as hydrographic survey and positioning services, as well as autonomous underwater vehicles for geoscience. Its Manufactured Products segment provides distribution and connection systems, including production control umbilicals and field development hardware, pipeline connection, and repair systems to the energy industry; and autonomous mobile robots technology and entertainment systems to various industries. The company's Offshore Projects Group segment offers subsea installation and intervention, including riserless light well intervention services and inspection, and maintenance and repair services; installation and workover control systems, and ROV workover control systems; diving services; project management and engineering; and drill pipe riser services and systems, and wellhead load relief solutions. Its Integrity Management & Digital Solutions segment provides asset integrity management; software and analytical solutions for the bulk cargo maritime industry; and software, digital, and connectivity solutions for the energy industry. The company's Aerospace and Defense Technologies segment offers government services and products, including engineering and related manufacturing in defense and space exploration activities to U.S. government agencies and their prime contractors. Oceaneering International, Inc. 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 $0.75.

PE Ratio

Oceaneering International has a trailing twelve months price to earnings ratio of 27.53. Meaning, the purchaser of the share is investing $27.53 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 14.48%.

Moving Average

Oceaneering International’s worth is way below its 50-day moving average of $23.20 and above its 200-day moving average of $20.49.

Sales Growth

Oceaneering International’s sales growth is 16.8% for the present quarter and 19.4% for the next.

4. United Airlines (UAL)

7.9% sales growth and 41.61% return on equity

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, United Airlines has a trailing twelve months EPS of $8.64.

PE Ratio

United Airlines has a trailing twelve months price to earnings ratio of 4.67. Meaning, the purchaser of the share is investing $4.67 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 41.61%.

Sales Growth

United Airlines’s sales growth is 9.5% for the ongoing quarter and 7.9% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 31.3% and positive 74.6% for the next.

Moving Average

United Airlines’s value is above its 50-day moving average of $38.81 and way under its 200-day moving average of $46.36.

Volume

Today’s last reported volume for United Airlines is 3172840 which is 59.58% below its average volume of 7851290.

Previous days news about United Airlines(UAL)

  • United Airlines (ual) stock drops despite market gains: important facts to note. According to Zacks on Monday, 11 December, "For comparison, its industry has an average Forward P/E of 7.04, which means United Airlines is trading at a discount to the group.", "The investment community will be paying close attention to the earnings performance of United Airlines in its upcoming release. "
  • According to Zacks on Tuesday, 12 December, "Hence, investors should utilize this opportunity and invest in airline stocks like American Airlines Group Inc. (AAL Quick QuoteAAL – Free Report) , Southwest Airlines (LUV Quick QuoteLUV – Free Report) , Delta Air Lines, Inc. (DAL Quick QuoteDAL – Free Report) and United Airlines Holdings, Inc. (UAL Quick QuoteUAL – Free Report) ."
  • According to Zacks on Tuesday, 12 December, "Other notable U.S. airlines like American Airlines (AAL Quick QuoteAAL – Free Report) and United Airlines (UAL Quick QuoteUAL – Free Report) are also involved in talks with flight attendants to arrive at acceptable deals. "

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