(VIANEWS) – Brookfield (BAM), Agree Realty Corporation (ADC), James River Group Holdings, Ltd. (JRVR) 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. Brookfield (BAM)
23.8% sales growth and 19.76% return on equity
Brookfield Asset Management Ltd. provides alternative asset management services. Its renewable power and transition business includes the ownership, operation, and development of hydroelectric, wind, solar, and energy transition power generating assets. The company's infrastructure business engages in the ownership, operation, and development of utilities, transport, midstream, data and sustainable resource assets. In addition, its private equity business offers business, infrastructure, and industrials services; and real estate business, which includes core investments, and transitional and development investments. Further, the company engages in the residential development business including homebuilding, and condominium and land development. The company was incorporated in 2022 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Brookfield has a trailing twelve months EPS of $5.31.
PE Ratio
Brookfield 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 19.76%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.6%, now sitting on 3.99B for the twelve trailing months.
2. Agree Realty Corporation (ADC)
15.5% sales growth and 3.65% return on equity
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of June 30, 2020, the Company owned and operated a portfolio of 936 properties, located in 46 states and containing approximately 18.4 million square feet of gross leasable area. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol "ADC".
Earnings Per Share
As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.79.
PE Ratio
Agree Realty Corporation has a trailing twelve months price to earnings ratio of 34.4. Meaning, the purchaser of the share is investing $34.4 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 3.65%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 29, 2023, the estimated forward annual dividend rate is 2.92 and the estimated forward annual dividend yield is 4.58%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.9%, now sitting on 483.11M for the twelve trailing months.
Volume
Today’s last reported volume for Agree Realty Corporation is 818145 which is 20.65% below its average volume of 1031090.
3. James River Group Holdings, Ltd. (JRVR)
10.3% sales growth and 3.97% return on equity
James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. It operates through Excess and Surplus Lines, Specialty Admitted Insurance, and Casualty Reinsurance segments. The Excess and Surplus Lines segment underwrites liability and property insurance on an excess and surplus commercial lines basis in all states and the District of Columbia. This segment distributes its insurance policies primarily through wholesale insurance brokers. The Specialty Admitted Insurance segment provides workers' compensation coverage for building trades, healthcare employees, goods and services, light manufacturing, specialty transportation, and agriculture, as well as fronting and program business. The Casualty Reinsurance segment offers proportional and working layer casualty reinsurance to third parties and other insurance companies. James River Group Holdings, Ltd. was founded in 2002 and is headquartered in Pembroke, Bermuda.
Earnings Per Share
As for profitability, James River Group Holdings, Ltd. has a trailing twelve months EPS of $0.52.
PE Ratio
James River Group Holdings, Ltd. has a trailing twelve months price to earnings ratio of 34.06. Meaning, the purchaser of the share is investing $34.06 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 3.97%.
Moving Average
James River Group Holdings, Ltd.’s worth is below its 50-day moving average of $18.83 and way under its 200-day moving average of $21.17.
Yearly Top and Bottom Value
James River Group Holdings, Ltd.’s stock is valued at $17.71 at 11:22 EST, way below its 52-week high of $26.60 and above its 52-week low of $16.74.
Sales Growth
James River Group Holdings, Ltd.’s sales growth is 21.4% for the current quarter and 10.3% for the next.
4. Washington Federal (WAFD)
9.9% sales growth and 12.16% return on equity
Washington Federal, Inc. operates as the bank holding company for Washington Federal Bank, National Association that provides lending, depository, insurance, and other banking services in the United States. The company accepts deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It also provides single-family residential, construction, land acquisition and development, consumer lot, multi-family residential, commercial and industrial, commercial real estate, home equity, and consumer loans. In addition, the company offers insurance brokerage services, such as individual and business insurance policies to customers and general public; holds and markets real estate properties; mobile and internet banking services; debit and credit cards; and acts as trustee. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. As of September 30, 2020, the company had 234 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, and Texas. Washington Federal, Inc. was founded in 1917 and is headquartered in Seattle, Washington.
Earnings Per Share
As for profitability, Washington Federal has a trailing twelve months EPS of $4.07.
PE Ratio
Washington Federal has a trailing twelve months price to earnings ratio of 7.38. Meaning, the purchaser of the share is investing $7.38 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 12.16%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 16.8% and a negative 24.1%, respectively.
5. Chubb Corporation (CB)
8.2% sales growth and 11.2% return on equity
Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty; and group accident and health insurance to large, middle market, and small commercial businesses. Its North America Personal P&C Insurance segment provides affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services. The company's North America Agricultural Insurance segment offers multiple peril crop and crop-hail insurance; and coverage for farm and ranch property, and commercial agriculture products. Its Overseas General Insurance segment provides coverage for traditional commercial property and casualty; specialty categories, such as financial lines, marine, energy, aviation, political risk, and construction risk; and group accident and health, and traditional and specialty personal lines for corporations, middle markets, and small customers through retail brokers, agents, and other channels. The company's Global Reinsurance segment offers traditional and specialty reinsurance under the Chubb Tempest Re brand to property and casualty companies. Its Life Insurance segment provides protection and savings products comprising whole life, endowment plans, individual term life, group term life, medical and health, personal accident, credit life, universal life, and unit linked contracts. It markets its products primarily through insurance and reinsurance brokers. The company was formerly known as ACE Limited and changed its name to Chubb Limited in January 2016. Chubb Limited was incorporated in 1985 and is headquartered in Zurich, Switzerland.
Earnings Per Share
As for profitability, Chubb Corporation has a trailing twelve months EPS of $13.92.
PE Ratio
Chubb Corporation has a trailing twelve months price to earnings ratio of 14.52. Meaning, the purchaser of the share is investing $14.52 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 11.2%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Chubb Corporation’s EBITDA is 2.09.
Sales Growth
Chubb Corporation’s sales growth is 6.2% for the ongoing quarter and 8.2% for the next.
Yearly Top and Bottom Value
Chubb Corporation’s stock is valued at $202.17 at 11:22 EST, way under its 52-week high of $231.37 and way above its 52-week low of $173.78.
6. Cooper Companies (COO)
8% sales growth and 4.01% return on equity
The Cooper Companies, Inc., together with its subsidiaries, develops, manufactures, and markets contact lens wearers. The company operates in two segments, CooperVision and CooperSurgical. The CooperVision segment provides spherical lense, including lenses that correct near and farsightedness; and toric and multifocal lenses comprising lenses correcting vision challenges, such as astigmatism, presbyopia, myopia, ocular dryness and eye fatigues in the Americas, Europe, Middle East, Africa, and Asia Pacific. The CooperSurgical segment focuses on family and women's health care, which provides medical devices, fertility, genomics, diagnostics, and contraception to health care professionals and patients worldwide. It offers surgical and office products, including PARAGARD, uterine manipulators, retractors, closure products, point of care products, LEEP products, endosee, and illuminate and fetal pillows; fertility products and services, such as fertility consumables and equipment, and embryo options and preimplantation genetic testing. The Cooper Companies, Inc. was founded in 1958 and is headquartered in San Ramon, California.
Earnings Per Share
As for profitability, Cooper Companies has a trailing twelve months EPS of $5.79.
PE Ratio
Cooper Companies has a trailing twelve months price to earnings ratio of 64.28. Meaning, the purchaser of the share is investing $64.28 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 4.01%.
Sales Growth
Cooper Companies’s sales growth is 6.6% for the current quarter and 8% for the next.
7. Tyler Technologies (TYL)
7.4% sales growth and 6.29% return on equity
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software, and Platform Technologies. The company offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; student information and transportation solutions for K-12 schools; and financial management systems. It also provides a suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, and single county systems; public safety software solutions; systems and software to automate the appraisal and assessment of real and personal property, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; software applications to enhance and automate operations involving records and document management; and data and insights solutions. In addition, the company offers software as a service arrangements and electronic document filing solutions for courts and law offices; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. It has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. Tyler Technologies, Inc. was founded in 1966 and is headquartered in Plano, Texas.
Earnings Per Share
As for profitability, Tyler Technologies has a trailing twelve months EPS of $3.71.
PE Ratio
Tyler Technologies has a trailing twelve months price to earnings ratio of 104.83. Meaning, the purchaser of the share is investing $104.83 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 6.29%.
8. Live Nation Entertainment (LYV)
6.7% sales growth and 70.18% return on equity
Live Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues; operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients for tickets and event information through its primary websites livenation.com and ticketmaster.com, as well as through other websites, mobile apps, retail outlets, and call centers; and provides ticket resale services. This segment sells tickets for its events and third-party clients in various live event categories; offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage and promotional programs; rich media offering that comprise advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. It owns, operates, or leases entertainment venues in North America and internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.
Earnings Per Share
As for profitability, Live Nation Entertainment has a trailing twelve months EPS of $0.78.
PE Ratio
Live Nation Entertainment has a trailing twelve months price to earnings ratio of 109.56. Meaning, the purchaser of the share is investing $109.56 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 70.18%.
Sales Growth
Live Nation Entertainment’s sales growth is 35.8% for the ongoing quarter and 6.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27%, now sitting on 19.2B for the twelve trailing months.
Volume
Today’s last reported volume for Live Nation Entertainment is 1002430 which is 54.62% below its average volume of 2209380.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 8.6% and a negative 8%, respectively.
