(VIANEWS) – Churchill Downs (CHDN), Esquire Financial Holdings (ESQ), Coca-Cola Consolidated (COKE) 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)
17.7% sales growth and 48.97% 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 $4.68.
PE Ratio
Churchill Downs has a trailing twelve months price to earnings ratio of 26.45. Meaning, the purchaser of the share is investing $26.45 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 48.97%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Churchill Downs’s EBITDA is 6.17.
2. Esquire Financial Holdings (ESQ)
14.9% sales growth and 23.5% return on equity
Esquire Financial Holdings, Inc. operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal industry and small businesses, and commercial and retail customers in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit. It also provides commercial loans, including short-term financing for inventory, receivables, the purchase of supplies, or other operating needs arising during the normal course of business, as well as loans to its qualified merchant customers; commercial lines of credit; consumer loans consisting of post-settlement consumer and structured settlement loans to plaintiffs and claimants, as well as loans to individuals for debt consolidation, medical expenses, living expenses, payment of outstanding bills, or other consumer needs; and real estate loans, such as multifamily, 1-4 family residential, commercial real estate, and construction loans, as well as merchant services. As of December 31, 2020, the company operated a full-service branch in Jericho, New York; and an administrative office in Boca Raton, Florida. Esquire Financial Holdings, Inc. was founded in 2006 and is headquartered in Jericho, New York.
Earnings Per Share
As for profitability, Esquire Financial Holdings has a trailing twelve months EPS of $4.56.
PE Ratio
Esquire Financial Holdings has a trailing twelve months price to earnings ratio of 10.16. Meaning, the purchaser of the share is investing $10.16 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 23.5%.
Moving Average
Esquire Financial Holdings’s value is below its 50-day moving average of $47.74 and above its 200-day moving average of $43.25.
Volume
Today’s last reported volume for Esquire Financial Holdings is 17082 which is 36.44% below its average volume of 26879.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 13, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 1.08%.
3. Coca-Cola Consolidated (COKE)
11.7% sales growth and 41.87% return on equity
Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages, such as sparling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks. It also sells its products to other Coca-Cola bottlers; and post-mix products that are dispensed through equipment, which mixes the fountain syrup with carbonated or still water enabling fountain retailers to sell finished products to consumers in cups or glasses. In addition, the company distributes products for various other beverage brands that include Dr Pepper and Monster Energy. It sells and distributes its products directly to grocery stores, mass merchandise stores, club stores, convenience stores, and drug stores; and restaurants, schools, amusement parks, and recreational facilities, as well as through vending machine outlets. The company was formerly known as Coca-Cola Bottling Co. Consolidated and changed its name to Coca-Cola Consolidated, Inc. in January 2019. Coca-Cola Consolidated, Inc. was incorporated in 1980 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Coca-Cola Consolidated has a trailing twelve months EPS of $50.78.
PE Ratio
Coca-Cola Consolidated has a trailing twelve months price to earnings ratio of 13.8. Meaning, the purchaser of the share is investing $13.8 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 41.87%.
Volume
Today’s last reported volume for Coca-Cola Consolidated is 10202 which is 75.25% below its average volume of 41234.
Moving Average
Coca-Cola Consolidated’s value is higher than its 50-day moving average of $662.05 and way higher than its 200-day moving average of $572.93.
4. Flowserve Corporation (FLS)
11.5% sales growth and 13.64% return on equity
Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and fluids. The company primarily serves oil and gas, chemical and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was incorporated in 1912 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Flowserve Corporation has a trailing twelve months EPS of $1.76.
PE Ratio
Flowserve Corporation has a trailing twelve months price to earnings ratio of 21.38. Meaning, the purchaser of the share is investing $21.38 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 13.64%.
Sales Growth
Flowserve Corporation’s sales growth is 16.9% for the present quarter and 11.5% for the next.
5. Treehouse Foods (THS)
5.2% sales growth and 3.71% return on equity
TreeHouse Foods, Inc. manufactures and distributes private label foods and beverages in the United States and internationally. The company provides snacking product, such as crackers, pretzels, in-store bakery items, frozen griddle items, cookies, snack bars, and unique candy; and beverage and drink mix, including non-dairy creamer, single serve beverages, broths/stocks, powdered beverages and other blends, tea, and ready-to-drink-beverages. It also offers grocery comprising pickles, refrigerated dough, hot cereal, and cheese and puddings, as well as natural, organic, and gluten free products. The company sells its products through various distribution channels, including retailers, foodservice distributors, and co-manufacturers, as well as industrial and export, which includes food manufacturers and repackagers of foodservice products. TreeHouse Foods, Inc. was founded in 1862 and is based in Oak Brook, Illinois.
Earnings Per Share
As for profitability, Treehouse Foods has a trailing twelve months EPS of $0.3.
PE Ratio
Treehouse Foods has a trailing twelve months price to earnings ratio of 158.33. Meaning, the purchaser of the share is investing $158.33 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 3.71%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 63.3% and a drop 7.1% for the next.
Volume
Today’s last reported volume for Treehouse Foods is 466560 which is 28% above its average volume of 364498.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.1%, now sitting on 3.61B for the twelve trailing months.
