Clearfield And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Clearfield (CLFD), Meta Financial Group (CASH), Bel Fuse (BELFA) 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. Clearfield (CLFD)

38.9% sales growth and 26.07% return on equity

Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and outdoor cabinet and fiber active cabinet products. The company offers StreetSmart, a portfolio of fiber management products; FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; and YOURx platform that consists of hardened terminals, test access points, and various drop cable options for portions of the access network across various fiber drop cable media. It also provides CraftSmart, a line of optical protection field enclosures, including CraftSmart Fiber Protection Pedestals and CraftSmart Fiber Protection Vaults integrated solutions optimized to house FieldSmart products at the last mile access point of the network in above-grade or below-grade installations. The company offers fiber and copper assemblies with an industry-standard or customer-specified configuration; and designs and manufactures custom solutions for in-the-box and network connectivity assemblies specific to that customer's product line. It provides its fiber to anywhere platform for various incumbent local exchange carriers, competitive local exchange carriers, wireless operators, and multiple systems operators and cable TV companies, as well as the utility/municipality, enterprise, and data center markets. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota.

Earnings Per Share

As for profitability, Clearfield has a trailing twelve months EPS of $3.88.

PE Ratio

Clearfield has a trailing twelve months price to earnings ratio of 15.87. Meaning, the purchaser of the share is investing $15.87 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 26.07%.

Moving Average

Clearfield’s value is way below its 50-day moving average of $79.24 and way under its 200-day moving average of $88.43.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Clearfield’s EBITDA is 2.63.

Yearly Top and Bottom Value

Clearfield’s stock is valued at $61.56 at 19:22 EST, way under its 52-week high of $134.90 and way higher than its 52-week low of $48.91.

Volume

Today’s last reported volume for Clearfield is 297005 which is 31.81% below its average volume of 435611.

2. Meta Financial Group (CASH)

27.3% sales growth and 17.03% return on equity

Pathward Financial, Inc. operates as the holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, money market savings accounts, and certificate accounts. It also provides commercial finance product comprising term lending, asset based lending, factoring, lease financing, insurance premium finance, government guaranteed lending, and other commercial finance products; consumer credit products; other consumer financing services; tax solutions, which includes short-term refund advance loans and short-term electronic return originator advance loans; and warehouse financing services. In addition, it issues prepaid cards; and offers payment solutions, such as acceptance, processing, and settlement of credit card and debit card payments. The company was formerly known as Meta Financial Group, Inc. and changed its name to Pathward Financial, Inc. in July 2022. Pathward Financial, Inc. was founded in 1954 and is based in Sioux Falls, South Dakota.

Earnings Per Share

As for profitability, Meta Financial Group has a trailing twelve months EPS of $4.24.

PE Ratio

Meta Financial Group has a trailing twelve months price to earnings ratio of 12.04. Meaning, the purchaser of the share is investing $12.04 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 17.03%.

Volume

Today’s last reported volume for Meta Financial Group is 176289 which is 20.65% below its average volume of 222173.

3. Bel Fuse (BELFA)

26.7% sales growth and 22.37% return on equity

Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, e-Mobility and broadcasting, and consumer electronic industries in the United States, Macao, the United Kingdom, Slovakia, Germany, Switzerland, and internationally. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and ethernet discrete components. The company also provides power solutions and protection products comprising front-end power supplies; board-mount power; industrial power; external power; and circuit protection products. In addition, it offers connectivity solutions, which includes expanded beam fiber optic connectors, cable assemblies, and active optical devices; copper-based connectors/cable assemblies; radio frequency connectors, cable assemblies, microwave devices, and low loss cables; and ethernet, I/O, and industrial and power connectivity. The company sells its products under the Bel, TRP Connector, MagJack, Signal, Bel Power Solutions, Melcher, CUI, Stratos, Fibreco, Cinch, Johnson, Trompeter, Midwest Microwave, Semflex, and Stewart Connector brands through direct strategic account managers, regional sales managers working with independent sales representative organizations, and authorized distributors. Bel Fuse Inc. was incorporated in 1949 and is headquartered in Jersey City, New Jersey.

Earnings Per Share

As for profitability, Bel Fuse has a trailing twelve months EPS of $4.24.

PE Ratio

Bel Fuse has a trailing twelve months price to earnings ratio of 8.55. Meaning, the purchaser of the share is investing $8.55 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 22.37%.

4. ServisFirst Bancshares (SFBS)

20.8% sales growth and 20.16% return on equity

ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. It accepts demand, time, savings, and other deposits; checking, money market, and IRA accounts; and certificates of deposit. The company's loan products include commercial lending products, such as seasonal, bridge, and term loans for working capital, expansion of the business, acquisition of property, and plant and equipment, as well as commercial lines of credit; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans. It also offers other banking products and services comprising telephone and mobile banking, direct deposit, Internet banking, traveler's checks, safe deposit boxes, attorney trust accounts, automatic account transfers, automated teller machines, and debit card systems, as well as Visa credit cards; treasury and cash management services; wire transfer, night depository, banking-by-mail, and remote capture services; and correspondent banking services to other financial institutions. In addition, the company holds and manages participations in residential mortgages and commercial real estate loans originated by ServisFirst Bank in Alabama, Florida, Georgia, and Tennessee. It operates 23 full-service banking offices located in Alabama, Florida, Georgia, South Carolina, and Tennessee, as well as 2 loan production offices in Florida. The company was founded in 2005 and is headquartered in Birmingham, Alabama.

Earnings Per Share

As for profitability, ServisFirst Bancshares has a trailing twelve months EPS of $3.44.

PE Ratio

ServisFirst Bancshares has a trailing twelve months price to earnings ratio of 20.98. Meaning, the purchaser of the share is investing $20.98 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 20.16%.

Moving Average

ServisFirst Bancshares’s worth is higher than its 50-day moving average of $70.21 and under its 200-day moving average of $78.36.

Sales Growth

ServisFirst Bancshares’s sales growth is 26.6% for the current quarter and 20.8% for the next.

Volume

Today’s last reported volume for ServisFirst Bancshares is 218257 which is 34.14% above its average volume of 162705.

Revenue Growth

Year-on-year quarterly revenue growth grew by 21.7%, now sitting on 435.34M for the twelve trailing months.

5. Progressive Corporation (PGR)

14.2% sales growth and 4.23% return on equity

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

Earnings Per Share

As for profitability, Progressive Corporation has a trailing twelve months EPS of $11.

PE Ratio

Progressive Corporation has a trailing twelve months price to earnings ratio of 12.85. Meaning, the purchaser of the share is investing $12.85 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 4.23%.

Sales Growth

Progressive Corporation’s sales growth is 12.4% for the present quarter and 14.2% for the next.

Yearly Top and Bottom Value

Progressive Corporation’s stock is valued at $141.35 at 19:22 EST, under its 52-week high of $143.67 and way higher than its 52-week low of $100.81.

6. Universal Display Corporation (OLED)

8.7% sales growth and 17.01% return on equity

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.

Earnings Per Share

As for profitability, Universal Display Corporation has a trailing twelve months EPS of $2.8.

PE Ratio

Universal Display Corporation has a trailing twelve months price to earnings ratio of 48.88. Meaning, the purchaser of the share is investing $48.88 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 17.01%.

Moving Average

Universal Display Corporation’s worth is way above its 50-day moving average of $118.94 and way higher than its 200-day moving average of $113.45.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 2.1% and 14.6%, respectively.

Yearly Top and Bottom Value

Universal Display Corporation’s stock is valued at $136.86 at 19:22 EST, way under its 52-week high of $176.41 and way higher than its 52-week low of $89.41.

Sales Growth

Universal Display Corporation’s sales growth is 3.3% for the current quarter and 8.7% for the next.

Previous days news about Universal Display Corporation(OLED)

  • According to Zacks on Friday, 24 February, "Universal Display Corporation price-consensus-eps-surprise-chart | Universal Display Corporation Quote"

7. Stryker Corp (SYK)

7.1% sales growth and 14.98% return on equity

Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in hip and knee joint replacements, and trauma and extremities surgeries. This segment also offers spinal implant products comprising cervical, thoracolumbar, and interbody systems that are used in spinal injury, deformity, and degenerative therapies. The MedSurg and Neurotechnology segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical device products that are used in various medical specialties. This segment also provides neurotechnology products, which include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke; and craniomaxillofacial implant products, including cranial, maxillofacial, and chest wall devices, as well as dural substitutes and sealants. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.

Earnings Per Share

As for profitability, Stryker Corp has a trailing twelve months EPS of $3.69.

PE Ratio

Stryker Corp has a trailing twelve months price to earnings ratio of 70.77. Meaning, the purchaser of the share is investing $70.77 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 14.98%.

Volume

Today’s last reported volume for Stryker Corp is 1115870 which is 16.44% below its average volume of 1335520.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.7%, now sitting on 18.45B for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 1.12%.

8. Valmont Industries (VMI)

6.8% sales growth and 16.51% return on equity

Valmont Industries, Inc. produces and sells fabricated metal products in the United States, Australia, Brazil, Denmark, and internationally. The company operates through four segments: Engineered Support Structures, Utility Support Structures, Coatings, and Irrigation. The Engineered Support Structures segment manufactures and distributes engineered metal, steel, wood, aluminum, and composite poles, towers, and components for lighting, traffic, and wireless communication markets; engineered access systems; integrated structure solutions for smart cities; and highway safety products. The Utility Support Structures segment manufactures engineered steel and concrete pole structures for utility transmission, distribution, substations, and renewable energy generation equipment; and inspection services. The Coatings segment provides hot-dipped galvanizing, anodizing, and powder coating services to preserve and protect metal products. The Irrigation segment manufactures and distributes mechanical irrigation equipment, and related parts and services under the Valley brand name for the agricultural industry; and tubular products for industrial customers. This segment also provides water management solutions and technology for precision agriculture. The company serves municipalities and government entities, commercial lighting fixtures manufacturing companies, contractors, telecommunications and utility companies, and large farms, as well as the general manufacturing sector. Valmont Industries, Inc. was founded in 1946 and is headquartered in Omaha, Nebraska.

Earnings Per Share

As for profitability, Valmont Industries has a trailing twelve months EPS of $11.

PE Ratio

Valmont Industries has a trailing twelve months price to earnings ratio of 27.12. Meaning, the purchaser of the share is investing $27.12 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 16.51%.

Volume

Today’s last reported volume for Valmont Industries is 271140 which is 153.5% above its average volume of 106955.

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