(VIANEWS) – Celsius Holdings (CELH), PennyMac (PFSI), AMETEK (AME) 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. Celsius Holdings (CELH)
27.8% sales growth and 25.47% return on equity
Celsius Holdings, Inc. develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products. It distributes its products through direct-to-store delivery, distributors, supermarkets, convenience stores, drug stores, nutritional stores, and mass merchants, as well as health clubs, gyms, the military, and e-commerce websites. The company was formerly known as Vector Ventures, Inc. and changed its name to Celsius Holdings, Inc. in January 2007. Celsius Holdings, Inc. was founded in 2004 and is headquartered in Boca Raton, Florida.
Earnings Per Share
As for profitability, Celsius Holdings has a trailing twelve months EPS of $0.77.
PE Ratio
Celsius Holdings has a trailing twelve months price to earnings ratio of 103.53. Meaning, the purchaser of the share is investing $103.53 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 25.47%.
Sales Growth
Celsius Holdings’s sales growth is 28.3% for the ongoing quarter and 27.8% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 47.1% and 6.7%, respectively.
2. PennyMac (PFSI)
26.9% sales growth and 4.37% return on equity
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. This segment sources residential conventional and government-insured or guaranteed mortgage loans through correspondent production, consumer direct lending, and broker direct lending. The Servicing segment performs loan servicing for both newly originated loans that are under holding for sale and loans services for others. The segment performs loan administration, collection, and default management activities, including the collection and remittance of loan payments; responds to customer inquiries; provides accounting for principal and interest; holds custodial funds for the payment of property taxes and insurance premiums; counsels delinquent borrowers; and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets. The company was founded in 2008 and is headquartered in Westlake Village, California.
Earnings Per Share
As for profitability, PennyMac has a trailing twelve months EPS of $2.74.
PE Ratio
PennyMac has a trailing twelve months price to earnings ratio of 32.09. Meaning, the purchaser of the share is investing $32.09 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 4.37%.
Yearly Top and Bottom Value
PennyMac’s stock is valued at $87.93 at 01:22 EST, below its 52-week high of $94.80 and way higher than its 52-week low of $62.15.
Previous days news about PennyMac(PFSI)
- All you need to know about pennymac mortgage (pmt) rating upgrade to strong buy. According to Zacks on Wednesday, 19 June, "The upgrade of PennyMac Mortgage to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.", "For PennyMac Mortgage, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company’s underlying business. "
3. AMETEK (AME)
12.9% sales growth and 15.77% return on equity
AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry. Its EMG segment offers engineered medical components and devices, automation solutions, thermal management systems, specialty metals, and electrical interconnects; single-use and consumable surgical instruments, implantable components, and drug delivery systems; engineered electrical connectors and electronics packaging to protect sensitive devices and mission-critical electronics; precision motion control products for data storage, medical devices, business equipment, and automation; high-purity powdered metals, strips and foils, specialty clad metals, and metal matrix composites; motor-blower systems and heat exchangers for thermal management, military and commercial aircraft, and military ground vehicles; motors for commercial appliances, food and beverage machines, hydraulic pumps, and industrial blowers; and operates a network of aviation maintenance, repair, and overhaul facilities. AMETEK, Inc. was incorporated in 1930 and is headquartered in Berwyn, Pennsylvania.
Earnings Per Share
As for profitability, AMETEK has a trailing twelve months EPS of $5.67.
PE Ratio
AMETEK has a trailing twelve months price to earnings ratio of 31.69. Meaning, the purchaser of the share is investing $31.69 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 15.77%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 4.5% and 5.5%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 0.67%.
4. Erie Indemnity Company (ERIE)
11.9% sales growth and 30.15% 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. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity 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 $9.26.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 38.17. Meaning, the purchaser of the share is investing $38.17 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 30.15%.
Moving Average
Erie Indemnity Company’s value is under its 50-day moving average of $379.51 and above its 200-day moving average of $343.02.
5. Alphabet (GOOGL)
11.8% sales growth and 29.76% return on equity
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California.
Earnings Per Share
As for profitability, Alphabet has a trailing twelve months EPS of $5.8.
PE Ratio
Alphabet has a trailing twelve months price to earnings ratio of 27.19. Meaning, the purchaser of the share is investing $27.19 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 29.76%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.4%, now sitting on 318.15B for the twelve trailing months.
Previous days news about Alphabet(GOOGL)
- According to Zacks on Wednesday, 19 June, "In 2020, it released Sabre Travel AI in collaboration with Alphabet (GOOGL Quick QuoteGOOGL – Free Report) . "
- According to Zacks on Wednesday, 19 June, "In the same time frame, the company has underperformed Amazon (AMZN Quick QuoteAMZN – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) and Meta Platforms (META Quick QuoteMETA – Free Report) , from which it faces stiff competition in the generative AI space."
- According to Zacks on Wednesday, 19 June, "Some other top-ranked stocks worth consideration in the broader technology space are Alphabet (GOOGL Quick QuoteGOOGL – Free Report) , Arista Networks (ANET Quick QuoteANET – Free Report) and Woodward (WWD Quick QuoteWWD – Free Report) , currently sporting a Zacks Rank #1 (Strong Buy) each. "
- According to Zacks on Wednesday, 19 June, "Inc. (AMZN Quick QuoteAMZN – Free Report) Web Services, Microsoft Azure, Alphabet Inc. (GOOGL Quick QuoteGOOGL – Free Report) Cloud and Oracle Corp. (ORCL Quick QuoteORCL – Free Report) Cloud."
6. CrossFirst Bankshares (CFB)
8.4% sales growth and 10.11% return on equity
CrossFirst Bankshares, Inc. operates as the bank holding company for CrossFirst Bank that provides various banking and financial services to businesses, business owners, professionals, and its personal networks. The company offers commercial real estate, construction and land development, 1-4 family real estate, multifamily real estate, commercial and industrial, energy, and consumer loans. It also provides a range of deposit products consisting of non-interest-bearing demand and interest-bearing deposits, which include transaction accounts, savings accounts, money market accounts, and certificates of deposit; and personal and business checking and savings accounts, as well as negotiable order of withdrawal accounts; and brokered and reciprocal deposits. In addition, the company offers international banking services; treasury management services; automated teller machine access; and mobile banking services. Further, it holds investments in marketable securities. It has full-service banking offices in Kansas, Missouri, Oklahoma, Arizona, Colorado, New Mexico, and Texas. CrossFirst Bankshares, Inc. was founded in 2007 and is headquartered in Leawood, Kansas.
Earnings Per Share
As for profitability, CrossFirst Bankshares has a trailing twelve months EPS of $1.37.
PE Ratio
CrossFirst Bankshares has a trailing twelve months price to earnings ratio of 9.31. Meaning, the purchaser of the share is investing $9.31 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 10.11%.
Volume
Today’s last reported volume for CrossFirst Bankshares is 158580 which is 2.39% below its average volume of 162476.
Yearly Top and Bottom Value
CrossFirst Bankshares’s stock is valued at $12.76 at 01:22 EST, way under its 52-week high of $15.07 and way higher than its 52-week low of $9.71.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4%, now sitting on 233.32M for the twelve trailing months.
Sales Growth
CrossFirst Bankshares’s sales growth is 5.8% for the present quarter and 8.4% for the next.
7. Western Alliance Bancorporation (WAL)
7.1% sales growth and 12.96% return on equity
Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, funds transfer and other digital payment offerings, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Western Alliance Bancorporation has a trailing twelve months EPS of $6.86.
PE Ratio
Western Alliance Bancorporation has a trailing twelve months price to earnings ratio of 8.67. Meaning, the purchaser of the share is investing $8.67 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 12.96%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 34%, now sitting on 2.74B for the twelve trailing months.
Sales Growth
Western Alliance Bancorporation’s sales growth is 9.3% for the current quarter and 7.1% for the next.
Volume
Today’s last reported volume for Western Alliance Bancorporation is 598461 which is 36.03% below its average volume of 935615.
