(VIANEWS) – Churchill Downs (CHDN), Entergy Louisiana, LLC First Mortgage Bonds, 5.875% (ELA), Merchants Bancorp (MBIN) 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)
15.5% 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 $4.76.
PE Ratio
Churchill Downs has a trailing twelve months price to earnings ratio of 24. Meaning, the purchaser of the share is investing $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 48.97%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 31.9%, now sitting on 2.19B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Churchill Downs’s EBITDA is 5.84.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 30, 2022, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 0.32%.
Volume
Today’s last reported volume for Churchill Downs is 607057 which is 50.83% above its average volume of 402473.
2. Entergy Louisiana, LLC First Mortgage Bonds, 5.875% (ELA)
13.2% sales growth and 32.75% return on equity
Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. It offers jewelry and fine-watch products, including bridal jewelry, fashion jewelry, custom-made jewelry, diamonds, and other gemstones, as well as watches and jewelry components. The company also buys and sells various forms of gold, silver, platinum, and palladium products, including United States and other government coins, private mint medallions, art bars, and trade unit bars; and numismatic items, such as rare coins, currency, medals, tokens, and other collectibles, as well as provides jewelry and watches repair services. In addition, it offers end-of-life electronics recycling services; disposal transportation and product tracking services; IT-asset disposition services, including compliance and data sanitization services; and services to companies in the areas of software upgrades, and hardware or networking capabilities, as well as moving to cloud services. As of December 31, 2021, Envela Corporation marketed its products and services through six retail locations under the Dallas Gold & Silver Exchange name; and one retail location under the Charleston Gold & Diamond Exchange name, as well as through cgdeinc.com, dgse.com, echoenvironmental.com, ITADUSA.com, availrecovery.com, and teladvance.com e-commerce sites. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Entergy Louisiana, LLC First Mortgage Bonds, 5.875% has a trailing twelve months EPS of $0.49.
PE Ratio
Entergy Louisiana, LLC First Mortgage Bonds, 5.875% has a trailing twelve months price to earnings ratio of 10.2. Meaning, the purchaser of the share is investing $10.2 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 32.75%.
3. Merchants Bancorp (MBIN)
13.1% sales growth and 16.92% return on equity
Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities; offers customized loan products for need-based skilled nursing facilities, independent living, assisted living, and memory care; and tax credit equity syndicator. Its Mortgage Warehousing segment funds agency eligible residential loans including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
Earnings Per Share
As for profitability, Merchants Bancorp has a trailing twelve months EPS of $4.71.
PE Ratio
Merchants Bancorp has a trailing twelve months price to earnings ratio of 5.95. Meaning, the purchaser of the share is investing $5.95 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 16.92%.
Moving Average
Merchants Bancorp’s worth is below its 50-day moving average of $29.33 and above its 200-day moving average of $26.81.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.5%, now sitting on 445.32M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 8.2% and 12.5%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 1.14%.
4. Capital Product Partners L.P. (CPLP)
12% sales growth and 16.05% return on equity
Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transports a range of dry cargoes and containerized goods under short-term voyage charters, and medium to long-term time and bareboat charters. As of April 26, 2021, the company owned 17 vessels, including thirteen Neo-Panamax container vessels, three Panamax container vessels, and one Capesize bulk carrier. Capital GP L.L.C. serves as the general partner of the company. The company was incorporated in 2007 and is headquartered in Piraeus, Greece.
Earnings Per Share
As for profitability, Capital Product Partners L.P. has a trailing twelve months EPS of $4.71.
PE Ratio
Capital Product Partners L.P. has a trailing twelve months price to earnings ratio of 2.93. Meaning, the purchaser of the share is investing $2.93 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 16.05%.
5. Ingersoll (IR)
8.2% sales growth and 7.57% return on equity
In the past 60 days, estimates for Ingersoll Rand’s earnings have increased 3% for 2023.
In the past 60 days, estimates for Ingersoll Rand’s earnings have increased 3% for 2023.
Ingersoll Rand Inc. provides various mission-critical air, fluid, energy, specialty vehicle, and medical technologies in the United States, Europe, the Middle East, India, Africa, and the Asia Pacific. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle, Robuschi, Emco Wheaton, and Runtech Systems brands. The Precision and Science Technologies segment designs, manufactures, and markets diaphragm, piston, water-powered, peristaltic, gear, vane, progressive cavity, and syringe pumps; and gas boosters, hydrogen compression systems, automated liquid handling systems, odorant injection systems, controls, software, and other related components and accessories for liquid and gas dosing, transfer, dispensing, compression, sampling, pressure management, and flow control in specialized or critical applications under the Air Dimensions, Albin, ARO, Dosatron, Haskel, LMI, Maximus, Milton Roy, MP, Oberdorfer, Seepex, Thomas, Welch, Williams, YZ, and Zinnser Analytic brand names. This segment's products are used in medical, life sciences, industrial manufacturing, water and waste water, chemical processing, energy, food and beverage, agriculture, and other markets. It sells through an integrated network of direct sales representatives and independent distributors. The company was formerly known as Gardner Denver Holdings, Inc. and changed its name to Ingersoll Rand Inc. in March 2020. Ingersoll Rand Inc. was founded in 1859 and is headquartered in Davidson, North Carolina.
Earnings Per Share
As for profitability, Ingersoll has a trailing twelve months EPS of $1.68.
PE Ratio
Ingersoll has a trailing twelve months price to earnings ratio of 38.27. Meaning, the purchaser of the share is investing $38.27 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 7.57%.
Yearly Top and Bottom Value
Ingersoll’s stock is valued at $64.29 at 16:22 EST, under its 52-week high of $69.31 and way higher than its 52-week low of $42.20.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 21, 2023, the estimated forward annual dividend rate is 0.08 and the estimated forward annual dividend yield is 0.12%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 11.3% and 5.6%, respectively.
Sales Growth
Ingersoll’s sales growth is 16.4% for the current quarter and 8.2% for the next.
Previous days news about Ingersoll(IR)
- According to Zacks on Monday, 25 September, "In the past 60 days, estimates for Ingersoll Rand’s earnings have increased 3% for 2023. "
- According to Zacks on Wednesday, 27 September, "In the past 60 days, estimates for Ingersoll Rand’s earnings have increased 3% for 2023. "
