(VIANEWS) – Citizens & Northern Corp (CZNC), Plains Group Holdings, L.P. (PAGP), SB Financial Group (SBFG) 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. Citizens & Northern Corp (CZNC)
20.4% sales growth and 9.67% return on equity
Citizens & Northern Corporation operates as the bank holding company for Citizens & Northern Bank that provides a range of banking and mortgage services to individual and corporate customers in North Central Pennsylvania and Southern New York. The company offers deposit products, including various types of checking accounts, passbook and statement savings accounts, money market accounts, interest checking accounts, individual retirement accounts, and certificates of deposits. It also provides lending products comprising mortgage loans, commercial loans, and consumer loans, as well as commercial letters-of-credit. In addition, the company offers trust and financial management services consisting of administration of trusts and estates, retirement plans, and other employee benefit plans; investment management services; and a range of personal and commercial insurance products, as well as mutual funds, annuities, educational savings accounts, and other investment products through registered agents. Further, it reinsures credit and mortgage, life and accident, and health insurance products. The company operates 29 banking offices in Bradford, Bucks, Cameron, Chester, Lycoming, McKean, Potter, Sullivan and Tioga Counties in Pennsylvania, as well as Steuben County in New York; and loan production offices in Elmira, New York and York, and Pennsylvania. Citizens & Northern Corporation was founded in 1864 and is based in Wellsboro, Pennsylvania.
Earnings Per Share
As for profitability, Citizens & Northern Corp has a trailing twelve months EPS of $1.71.
PE Ratio
Citizens & Northern Corp has a trailing twelve months price to earnings ratio of 13.11. Meaning, the purchaser of the share is investing $13.11 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 9.67%.
2. Plains Group Holdings, L.P. (PAGP)
13.7% sales growth and 8.93% return on equity
Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment engages in the transportation of crude oil and natural gas liquids (NGLs) on pipelines, gathering systems, trucks, and barges. As of December 31, 2019, it owned and leased assets comprising 18,535 miles of crude oil and NGL pipelines and gathering systems; 35 million barrels of above-ground tank capacity; 825 trailers; 50 transport and storage barges; and 20 transport tugs. The Facilities segment engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. This segment owned and operated approximately 79 million barrels of crude oil storage capacity; 34 million barrels of NGL storage capacity; 63 billion cubic feet of natural gas storage capacity; 25 billion cubic feet of base gas; seven natural gas processing plants; a condensate processing facility; eight fractionation plants; 30 crude oil and NGL rail terminals; six marine facilities; and 430 miles of pipelines. The Supply and Logistics segment engages in merchant-related activities, including purchase of crude oil, as well as NGL from producers, refiners, processors, and other marketers; storage of NGL and natural gas; and resale and transport of crude oil and NGL. This segment owned 16 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill in pipelines owned by third parties and other inventory; 760 trucks and 900 trailers; and 8,000 crude oil and NGL railcars. The company offers logistics services, primarily for crude oil, NGLs, and natural gas. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was founded in 2013 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Plains Group Holdings, L.P. has a trailing twelve months EPS of $-3.08.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.93%.
Sales Growth
Plains Group Holdings, L.P.’s sales growth is 18% for the present quarter and 13.7% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 29, 2023, the estimated forward annual dividend rate is 1.07 and the estimated forward annual dividend yield is 8.11%.
Volume
Today’s last reported volume for Plains Group Holdings, L.P. is 1769140 which is 32.33% below its average volume of 2614430.
3. SB Financial Group (SBFG)
11.5% sales growth and 9.51% return on equity
SB Financial Group, Inc. provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans. The company also provides automatic teller machine, personal and corporate trust, commercial leasing, bank credit card, safe deposit box rental, internet banking, private client group, and other personalized banking products and services; and various trust and financial services comprising asset management services for individuals and corporate employee benefit plans, as well as brokerage services. In addition, it sells insurance products to retail and commercial customers. As of December 31, 2021, the company operated a network of 22 banking centers in the Ohio counties of Allen, Defiance, Franklin, Fulton, Hancock, Lucas, Paulding, Wood, and Williams; and one banking center in Allen County, Indiana. It also operated five loan production offices in Franklin and Lucas Counties, Ohio; Hamilton and Steuben Counties, Indiana; and Monroe County, Michigan. The company was formerly known as Rurban Financial Corp. and changed its name to SB Financial Group, Inc. in April 2013. SB Financial Group, Inc. was incorporated in 1983 and is headquartered in Defiance, Ohio.
Earnings Per Share
As for profitability, SB Financial Group has a trailing twelve months EPS of $1.77.
PE Ratio
SB Financial Group has a trailing twelve months price to earnings ratio of 9.5. Meaning, the purchaser of the share is investing $9.5 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 9.51%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.7%, now sitting on 56.35M for the twelve trailing months.
4. Humana (HUM)
11.1% sales growth and 17.81% return on equity
Humana Inc., together with its subsidiaries, operates as a health and well-being company in the United States. It operates through three segments: Retail, Group and Specialty, and Healthcare Services. The company offers medical and supplemental benefit plans to individuals. It also has a contract with Centers for Medicare and Medicaid Services to administer the Limited Income Newly Eligible Transition prescription drug plan program; and contracts with various states to provide Medicaid, dual eligible, and long-term support services benefits. In addition, the company provides commercial fully insured medical and specialty health insurance benefits comprising dental, vision, and other supplemental health benefits; and administrative services only products to individuals and employer groups, as well as military services, such as TRICARE T2017 East Region contract. Further, it offers pharmacy solutions, provider services, and home solutions services, such as home health and other services to its health plan members, as well as to third parties. As of December 31, 2021, the company had approximately 17 million members in medical benefit plans, as well as approximately 5 million members in specialty products. Humana Inc. was founded in 1961 and is headquartered in Louisville, Kentucky.
Earnings Per Share
As for profitability, Humana has a trailing twelve months EPS of $28.15.
PE Ratio
Humana has a trailing twelve months price to earnings ratio of 17.6. Meaning, the purchaser of the share is investing $17.6 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 17.81%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 3.15 and the estimated forward annual dividend yield is 0.64%.
5. Lancaster Colony Corporation (LANC)
5.1% sales growth and 11.71% return on equity
Lancaster Colony Corporation manufactures and markets food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice. It offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Cardini's, and Girard's; flatbread wraps and pizza crusts under the Flatout brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti; frozen pasta under the Marzetti Frozen Pasta brand; and vegetable and fruit dips under the Marzetti brand. In addition, it manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.
Earnings Per Share
As for profitability, Lancaster Colony Corporation has a trailing twelve months EPS of $3.69.
PE Ratio
Lancaster Colony Corporation has a trailing twelve months price to earnings ratio of 52.4. Meaning, the purchaser of the share is investing $52.4 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 11.71%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 9.9% and a drop 9.6% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 7, 2023, the estimated forward annual dividend rate is 3.4 and the estimated forward annual dividend yield is 1.77%.
Sales Growth
Lancaster Colony Corporation’s sales growth is 9.5% for the ongoing quarter and 5.1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.4%, now sitting on 1.76B for the twelve trailing months.