(VIANEWS) – Churchill Downs (CHDN), Lakeland Bancorp (LBAI), Unity Bancorp (UNTY) 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. Churchill Downs (CHDN)
43.5% sales growth and 101.25% return on equity
Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; nine retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.
Earnings Per Share
As for profitability, Churchill Downs has a trailing twelve months EPS of $12.48.
PE Ratio
Churchill Downs has a trailing twelve months price to earnings ratio of 18.23. Meaning,
the purchaser of the share is investing $18.23 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 101.25%.
Volume
Today’s last reported volume for Churchill Downs is 126525 which is 33.87% below its average volume of 191344.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Churchill Downs’s EBITDA is 70.41.
2. Lakeland Bancorp (LBAI)
17.6% sales growth and 10.12% return on equity
Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that provides various banking products and services for individuals and small to medium sized businesses. The company offers commercial banking services, including savings, money market, and time accounts, as well as demand deposits; lending solutions, such as short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, mortgage loans, small business administration loans, commercial real estate loans, commercial and industrial loans, and equipment financing, as well as merchant credit card services; and internet banking, mobile banking, wire transfer, night depository, and cash management services. It also provides consumer banking services comprising checking accounts, savings accounts, money market accounts, certificates of deposit, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. In addition, the company offers investment advisory services; and non-deposit products, which include securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products. It operates 48 branch offices throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey and Highland Mills, New York; six New Jersey regional commercial lending centers in Bernardsville, Iselin, Jackson, Montville, Teaneck, and Waldwick; and one commercial lending center in New York to serve the Hudson Valley region. The company was founded in 1969 and is headquartered in Oak Ridge, New Jersey.
Earnings Per Share
As for profitability, Lakeland Bancorp has a trailing twelve months EPS of $1.56.
PE Ratio
Lakeland Bancorp has a trailing twelve months price to earnings ratio of 11.6. Meaning,
the purchaser of the share is investing $11.6 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 10.12%.
Sales Growth
Lakeland Bancorp’s sales growth is 38.8% for the present quarter and 17.6% for the next.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 8.9% and 30.6%, respectively.
Yearly Top and Bottom Value
Lakeland Bancorp’s stock is valued at $18.10 at 19:22 EST, under its 52-week high of $19.95 and way above its 52-week low of $13.91.
Moving Average
Lakeland Bancorp’s worth is under its 50-day moving average of $18.16 and higher than its 200-day moving average of $16.47.
3. Unity Bancorp (UNTY)
16.7% sales growth and 17.28% return on equity
Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides commercial and retail banking products and services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts, as well as noninterest and interest-bearing demand deposits. It also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and consumer construction lines, as well as personal loans. As of December 31, 2020, the company offered its services through the Internet and nineteen branch offices located in Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, as well as Northampton County, Pennsylvania. Unity Bancorp, Inc. was incorporated in 1991 and is headquartered in Clinton, New Jersey.
Earnings Per Share
As for profitability, Unity Bancorp has a trailing twelve months EPS of $3.59.
PE Ratio
Unity Bancorp has a trailing twelve months price to earnings ratio of 7.35. Meaning,
the purchaser of the share is investing $7.35 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 17.28%.
Sales Growth
Unity Bancorp’s sales growth is 12.3% for the current quarter and 16.7% for the next.
Yearly Top and Bottom Value
Unity Bancorp’s stock is valued at $26.40 at 19:22 EST, way under its 52-week high of $30.50 and above its 52-week low of $24.80.
Volume
Today’s last reported volume for Unity Bancorp is 16668 which is 14.43% below its average volume of 19480.
4. Kimball Electronics (KE)
15.7% sales growth and 8.53% return on equity
Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets. The company's manufacturing services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services. Its manufacturing services also comprise industrialization and automation of manufacturing processes; reliability testing, including testing of products under a series of environmental conditions; production and testing of printed circuit board assemblies; assembly, production, and packaging of medical disposables and other non-electronic products; design engineering and manufacturing of automation equipment, test and inspection equipment, and precision molded plastics; software design services; and product life cycle management services. The company has operations in the United States, China, Mexico, Poland, Romania, Thailand, and Vietnam. Kimball Electronics, Inc. was founded in 1961 and is headquartered in Jasper, Indiana.
Earnings Per Share
As for profitability, Kimball Electronics has a trailing twelve months EPS of $1.51.
PE Ratio
Kimball Electronics has a trailing twelve months price to earnings ratio of 15.83. Meaning,
the purchaser of the share is investing $15.83 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 8.53%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Kimball Electronics’s EBITDA is 25.55.
Yearly Top and Bottom Value
Kimball Electronics’s stock is valued at $23.90 at 19:22 EST, under its 52-week high of $25.39 and way higher than its 52-week low of $16.66.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 160% and 22.2%, respectively.
5. First Guaranty Bancshares (FGBI)
11% sales growth and 14.31% return on equity
First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including personal and commercial credit cards, remote deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. The company operates through 34 banking facilities primarily located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Lake Charles, Alexandria, Dallas-Fort Worth-Arlington, and Waco. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.
Earnings Per Share
As for profitability, First Guaranty Bancshares has a trailing twelve months EPS of $2.21.
PE Ratio
First Guaranty Bancshares has a trailing twelve months price to earnings ratio of 9.96. Meaning,
the purchaser of the share is investing $9.96 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 14.31%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 6% and a drop 4.3% for the next.
