(VIANEWS) – Camtek Ltd. (CAMT), Banco Santander (BSAC), Erie Indemnity Company (ERIE) 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. Camtek Ltd. (CAMT)
27.4% sales growth and 21.2% return on equity
Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for the advanced interconnect packaging, memory, complementary metal oxide semiconductor image sensors, micro-electro mechanical systems, radio frequency, and other segments of the semiconductor industry. It provides inspection and metrology systems, including Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to support fanout wafer level packaging applications. The company sells its products in the Asia Pacific, the United States, and Europe. Camtek Ltd. was incorporated in 1987 and is headquartered in Migdal HaEmek, Israel.
Earnings Per Share
As for profitability, Camtek Ltd. has a trailing twelve months EPS of $1.97.
PE Ratio
Camtek Ltd. has a trailing twelve months price to earnings ratio of 39.35. Meaning, the purchaser of the share is investing $39.35 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 21.2%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 35.3% and 26.3%, respectively.
Moving Average
Camtek Ltd.’s worth is way under its 50-day moving average of $99.00 and way below its 200-day moving average of $88.51.
Yearly Top and Bottom Value
Camtek Ltd.’s stock is valued at $77.51 at 11:22 EST, way under its 52-week high of $140.50 and way higher than its 52-week low of $48.50.
2. Banco Santander (BSAC)
19.7% sales growth and 13.56% return on equity
Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, and Corporate Investment Banking segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines. It also provides mutual funds, insurance and stock brokerage, foreign exchange, leasing, factoring, financial consulting, investment management, foreign trade and mortgage financing, treasury, and transactional services, as well as specialized services to finance projects for the real estate industry. In addition, the company offers short-term financing and fund raising, and brokerage services, as well as derivatives, securitization, and other tailor-made products. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. As of December 31, 2020, the company operated 358 branches, which include 220 under the Santander brand name, 19 under the Select brand name, 32 specialized branches for the middle market, and 28 as auxiliary and payment centers, as well as 1,199 ATMs. Banco Santander-Chile was incorporated in 1977 and is headquartered in Santiago, Chile.
Earnings Per Share
As for profitability, Banco Santander has a trailing twelve months EPS of $1.51.
PE Ratio
Banco Santander has a trailing twelve months price to earnings ratio of 13.93. Meaning, the purchaser of the share is investing $13.93 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 13.56%.
Moving Average
Banco Santander’s worth is above its 50-day moving average of $20.16 and higher than its 200-day moving average of $19.42.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 17, 2024, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 3.59%.
3. Erie Indemnity Company (ERIE)
13.1% sales growth and 31.44% return on equity
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation, and sales and advertising support services; underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
Earnings Per Share
As for profitability, Erie Indemnity Company has a trailing twelve months EPS of $10.13.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 51.82. Meaning, the purchaser of the share is investing $51.82 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 31.44%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.9%, now sitting on 3.55B for the twelve trailing months.
4. Middlesex Water Company (MSEX)
11.5% sales growth and 8.72% return on equity
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
Earnings Per Share
As for profitability, Middlesex Water Company has a trailing twelve months EPS of $2.06.
PE Ratio
Middlesex Water Company has a trailing twelve months price to earnings ratio of 32.71. Meaning, the purchaser of the share is investing $32.71 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 8.72%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 21.4% and 12.5%, respectively.
Yearly Top and Bottom Value
Middlesex Water Company’s stock is valued at $67.38 at 11:22 EST, under its 52-week high of $73.47 and way above its 52-week low of $45.42.
Moving Average
Middlesex Water Company’s value is higher than its 50-day moving average of $62.78 and way above its 200-day moving average of $57.30.
5. Sprouts Farmers Market (SFM)
9.5% sales growth and 27.7% return on equity
Sprouts Farmers Market, Inc. offers fresh, natural, and organic food products in the United States. The company offers perishable product categories, including fresh produce, meat, seafood, deli, bakery, floral and dairy, and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. As of January 2, 2022, it operated 374 stores in 23 states. Sprouts Farmers Market, Inc. was founded in 2002 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Sprouts Farmers Market has a trailing twelve months EPS of $3.18.
PE Ratio
Sprouts Farmers Market has a trailing twelve months price to earnings ratio of 33.24. Meaning, the purchaser of the share is investing $33.24 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 27.7%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 16.9% and 18.4%, respectively.
6. USA Compression Partners, LP (USAC)
8.8% sales growth and 47.01% return on equity
USA Compression Partners, LP provides natural gas compression services in the United States. It offers compression services to oil companies and independent producers, processors, gatherers, and transporters of natural gas and crude oil. The company focuses on providing natural gas compression services to infrastructure applications, including centralized natural gas gathering systems and processing facilities, as well as gas lift applications for crude oil wells. As of December 31, 2023, it had 3,775,660 horsepower in its fleet. USA Compression Partners, LP was founded in 1998 and is headquartered in Austin, Texas.
Earnings Per Share
As for profitability, USA Compression Partners, LP has a trailing twelve months EPS of $0.52.
PE Ratio
USA Compression Partners, LP has a trailing twelve months price to earnings ratio of 43.29. Meaning, the purchaser of the share is investing $43.29 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 47.01%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 22, 2024, the estimated forward annual dividend rate is 2.1 and the estimated forward annual dividend yield is 9.33%.
7. Northwest Pipe Company (NWPX)
7.4% sales growth and 7.39% return on equity
Northwest Pipe Company, together with its subsidiaries, manufactures and supplies water related infrastructure products in North America. It operates in two segments, Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems (Precast). The SPP segment offers large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems. Its products are also used for hydroelectric power systems, wastewater systems, and other applications. In addition, this segment makes products for industrial plant piping systems and certain structural applications. The Precast segment provides precast and reinforced concrete products, including manholes, box culverts, vaults, catch basins, oil water separators, pump lift stations, biofiltration, and other environmental and engineered solutions. The company sells its water infrastructure products primarily to installation contractors. Northwest Pipe Company was incorporated in 1966 and is headquartered in Vancouver, Washington.
Earnings Per Share
As for profitability, Northwest Pipe Company has a trailing twelve months EPS of $2.5.
PE Ratio
Northwest Pipe Company has a trailing twelve months price to earnings ratio of 17.56. Meaning, the purchaser of the share is investing $17.56 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 7.39%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.3%, now sitting on 471.61M for the twelve trailing months.
Volume
Today’s last reported volume for Northwest Pipe Company is 27977 which is 33.29% below its average volume of 41941.
Moving Average
Northwest Pipe Company’s worth is above its 50-day moving average of $40.29 and way higher than its 200-day moving average of $34.00.
8. Independent Bank Corporation (IBCP)
7% sales growth and 16.34% return on equity
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities across Lower Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $3.12.
PE Ratio
Independent Bank Corporation has a trailing twelve months price to earnings ratio of 10.99. Meaning, the purchaser of the share is investing $10.99 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 16.34%.
Yearly Top and Bottom Value
Independent Bank Corporation’s stock is valued at $34.30 at 11:22 EST, under its 52-week high of $35.97 and way higher than its 52-week low of $16.90.
Volume
Today’s last reported volume for Independent Bank Corporation is 72985 which is 41.98% below its average volume of 125801.
