(VIANEWS) – Chart Industries (GTLS), Bank of America (BAC), Business First Bancshares (BFST) 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. Chart Industries (GTLS)
26.1% sales growth and 5% return on equity
Chart Industries, Inc. manufactures and sells engineered cryogenic equipment for the industrial gas and clean energy markets in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing. It provides bulk and packaged gas cryogenic solutions for the storage, distribution, vaporization, and application of industrial gases; cryogenic trailers, ISO containers, bulk storage tanks, loading facilities, and regasification equipment for delivering liquefied natural gas (LNG) into virtual pipeline applications; and large vacuum insulated storage tanks as equipment for purchasers of standard liquefaction plants. The company also offers natural gas processing solutions; process technology, liquefaction capabilities, and critical equipment for the LNG, include small to mid-scale facilities, floating LNG applications, and large base-load export facilities; brazed aluminum heat exchangers, Core-in-Kettle heat exchangers, cold boxes, air cooled heat exchangers, pressure vessels, and pipe works; and air cooled heat exchangers and axial cooling fans for the HVAC, power, and refining applications. In addition, it provides highly engineered equipment that is used in specialty end-market applications for hydrogen, LNG, biofuels, CO2 Capture, food and beverage, aerospace, lasers, cannabis, and water treatment; and cryogenic components, include vacuum insulated pipes, specialty liquid nitrogen, end-use equipment, and cryogenic flow meters. Further, it provides extended warranties, plant start-up, parts, 24/7 support, monitoring and process optimization, repairing, maintenance, and upgrading services; plant services on equipment; and service locations that undertake installation, service, repair, maintenance, and refurbishment of cryogenic products, as well as equipment leasing solutions. Chart Industries, Inc. was founded in 1859 and is headquartered in Ball Ground, Georgia.
Earnings Per Share
As for profitability, Chart Industries has a trailing twelve months EPS of $2.24.
PE Ratio
Chart Industries has a trailing twelve months price to earnings ratio of 54.64. Meaning, the purchaser of the share is investing $54.64 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 5%.
Sales Growth
Chart Industries’s sales growth is 9.7% for the current quarter and 26.1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.6%, now sitting on 3.9B for the twelve trailing months.
2. Bank of America (BAC)
24.4% sales growth and 8.5% return on equity
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Bank of America has a trailing twelve months EPS of $3.08.
PE Ratio
Bank of America has a trailing twelve months price to earnings ratio of 11.62. Meaning, the purchaser of the share is investing $11.62 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 8.5%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.8%, now sitting on 93.16B for the twelve trailing months.
Previous days news about Bank of America(BAC)
- Bank of America (bac) beats stock market upswing: what investors need to know. According to Zacks on Monday, 9 September, "In the context of valuation, Bank of America is at present trading with a Forward P/E ratio of 11.83. ", "Its industry sports an average Forward P/E of 11.83, so one might conclude that Bank of America is trading at no noticeable deviation comparatively."
- According to Business Insider on Monday, 9 September, "JetBlue (JBLU) has helped lead the sector higher, spiking by 7.8 percent after Bank of America upgraded its rating on the airline’s stock to Neutral from Underperform."
3. Business First Bancshares (BFST)
24.2% sales growth and 10.6% return on equity
Business First Bancshares, Inc. operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas. It offers various deposit products and services, including checking, demand, money market, time, and savings accounts; and certificates of deposits, remote deposit capture, and direct deposit services. The company also provides commercial and industrial loans, such as working capital, term, equipment financing, asset acquisition, expansion and development, borrowing base, and other loan products, as well as commercial lines of credit, accounts receivable factoring, agricultural financing, and letters of credit; construction and development loans; commercial real estate loans; residential real estate loans comprising first and second lien 1-4 family mortgage loans, and home equity lines of credit; and consumer loans, including secured and unsecured installment, and term loans. In addition, it offers wealth management products, including mutual funds, annuities, individual retirement accounts, and other financial products, as well as other fiduciary and private banking products and services. Further, the company provides a range of other financial services comprising debit and credit cards, treasury and cash management, merchant, automated clearing house, lock-box, receivables factoring, correspondent banking, and other treasury services, as well as employee and payroll benefits solutions; and drive-through banking facilities, automated teller machines, night depository, personalized checks, electronic funds transfer, domestic and foreign wire transfer, traveler's checks, vault, loan and deposit sweep accounts, online and mobile banking, e-statements, and bank-by-mail services. Business First Bancshares, Inc. was founded in 2006 and is headquartered in Baton Rouge, Louisiana.
Earnings Per Share
As for profitability, Business First Bancshares has a trailing twelve months EPS of $2.42.
PE Ratio
Business First Bancshares has a trailing twelve months price to earnings ratio of 9.89. Meaning, the purchaser of the share is investing $9.89 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 10.6%.
4. Asbury Automotive Group (ABG)
15.1% sales growth and 12.5% return on equity
Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and credit life and disability insurance. As of December 31, 2019, the company owned and operated 107 new vehicle franchises representing 31 brands of automobiles at 88 dealership locations; and 25 collision centers in the United States. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Duluth, Georgia.
Earnings Per Share
As for profitability, Asbury Automotive Group has a trailing twelve months EPS of $19.69.
PE Ratio
Asbury Automotive Group has a trailing twelve months price to earnings ratio of 11. Meaning, the purchaser of the share is investing $11 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 12.5%.
5. Alphabet (GOOGL)
11% sales growth and 30.87% return on equity
The zacks analyst blog highlights Apple, Alphabet, Microsoft and AmazonStocks recently featured in the blog include: Apple (AAPL Quick QuoteAAPL – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) , Microsoft (MSFT Quick QuoteMSFT – Free Report) and Amazon (AMZN Quick QuoteAMZN – Free Report) .
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 30.87%.
Sales Growth
Alphabet’s sales growth is 12.5% for the current quarter and 11% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 9, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 0.53%.
Previous days news about Alphabet(GOOGL)
- According to Zacks on Tuesday, 10 September, "Apple has been playing catch-up in the AI space with Alphabet (GOOGL Quick QuoteGOOGL – Free Report) , Microsoft (MSFT Quick QuoteMSFT – Free Report) and Amazon (AMZN Quick QuoteAMZN – Free Report) , its peers in the "magnificent seven" group. "
- According to Zacks on Monday, 9 September, "Broadcom’s AI orders primarily depend on three customers - Alphabet Inc. (GOOGL Quick QuoteGOOGL – Free Report) , Meta Platforms, Inc. (META Quick QuoteMETA – Free Report) , and ByteDance. "
- According to Zacks on Tuesday, 10 September, "ADBE’s partnerships with Microsoft (MSFT Quick QuoteMSFT – Free Report) and Alphabet (GOOGL Quick QuoteGOOGL – Free Report) are expected to have contributed well to the quarterly performance."
6. Iron Mountain Incorporated (IRM)
10.5% sales growth and 81.13% return on equity
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,480 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
Earnings Per Share
As for profitability, Iron Mountain Incorporated has a trailing twelve months EPS of $0.78.
PE Ratio
Iron Mountain Incorporated has a trailing twelve months price to earnings ratio of 145.24. Meaning, the purchaser of the share is investing $145.24 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 81.13%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 6.7% and 7.7%, respectively.
7. First Business Financial Services (FBIZ)
7.8% sales growth and 13.5% return on equity
First Business Financial Services, Inc. operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals in Wisconsin, Kansas, and Missouri. The company offers real estate lending, commercial and industrial lending, asset-based lending, accounts receivable financing, equipment financing loans and leases, floorplan financing, vendor financing, small business administration lending and servicing, treasury management solutions, and company retirement services. It also provides private wealth management for individuals, including creating and executing asset allocation strategies, trust and estate administration, financial planning, investment management, and access to brokerage and custody-only services. In addition, the company offers bank consulting consisting of investment portfolio administrative and asset liability management services, and commercial deposit accounts. The company was founded in 1909 and is headquartered in Madison, Wisconsin.
Earnings Per Share
As for profitability, First Business Financial Services has a trailing twelve months EPS of $4.57.
PE Ratio
First Business Financial Services has a trailing twelve months price to earnings ratio of 9.93. Meaning, the purchaser of the share is investing $9.93 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 13.5%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1.7% and 8.7%, respectively.
