Coastal Financial Corporation And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Coastal Financial Corporation (CCB), SPS Commerce (SPSC), AAON (AAON) 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. Coastal Financial Corporation (CCB)

29.7% sales growth and 20.2% return on equity

Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts. The company also offers commercial and industrial loans, such as term loans, small business administration loans, commercial lines of credit, capital call lines working capital loans, equipment financing, borrowing base loans, and other loan products; owner-occupied and non-owner-occupied real estate loans, and multi-family residential loans; construction and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as overdraft protection. In addition, it provides remote deposit capture, online and mobile banking, and direct and reciprocal deposit services, as well as debit cards. Further, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services, as well as banking as a service, a platform that allows broker dealers and digital financial service providers to offer their customers banking services. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.

Earnings Per Share

As for profitability, Coastal Financial Corporation has a trailing twelve months EPS of $3.65.

PE Ratio

Coastal Financial Corporation has a trailing twelve months price to earnings ratio of 10.92. Meaning, the purchaser of the share is investing $10.92 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 20.2%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 33.9%, now sitting on 256.59M for the twelve trailing months.

Yearly Top and Bottom Value

Coastal Financial Corporation’s stock is valued at $39.87 at 11:22 EST, way under its 52-week high of $54.53 and way higher than its 52-week low of $29.91.

Moving Average

Coastal Financial Corporation’s value is below its 50-day moving average of $43.27 and under its 200-day moving average of $40.78.

Volume

Today’s last reported volume for Coastal Financial Corporation is 30475 which is 13.7% below its average volume of 35315.

Previous days news about Coastal Financial Corporation(CCB)

  • According to Zacks on Wednesday, 25 October, "One other stock from the same industry, Coastal Financial Corporation (CCB Quick QuoteCCB – Free Report) , is yet to report results for the quarter ended September 2023."

2. SPS Commerce (SPSC)

16% sales growth and 11.25% return on equity

SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, suppliers, grocers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships. The company also provides Fulfillment solution, an electronic data interchange solution that scales as a business grows, where companies use a single system to manage orders and logistics from various sales channels, including wholesale, eCommerce, and marketplaces; and Analytics product that enables organizations to enhance visibility into how products are selling through a single connection across various sales channels, including wholesale, eCommerce, and marketplaces, as well as enhances access and usage of sales and inventory data through a combination of analytics applications, network of connections, and industry-leading expertise. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies; and community product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management and onboarding programs. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

Earnings Per Share

As for profitability, SPS Commerce has a trailing twelve months EPS of $1.66.

PE Ratio

SPS Commerce has a trailing twelve months price to earnings ratio of 93.38. Meaning, the purchaser of the share is investing $93.38 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 11.25%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.5%, now sitting on 492.79M for the twelve trailing months.

Moving Average

SPS Commerce’s value is way under its 50-day moving average of $173.43 and below its 200-day moving average of $161.32.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 6.3% and 11.1%, respectively.

3. AAON (AAON)

10.7% sales growth and 25.88% return on equity

AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BasX. It offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls. The company markets and sells its products to retail, manufacturing, educational, lodging, supermarket, data centers, medical and pharmaceutical, and other commercial industries. It sells its products through a network of independent manufacturer representative organizations and internal sales force. The company was incorporated in 1987 and is based in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, AAON has a trailing twelve months EPS of $1.81.

PE Ratio

AAON has a trailing twelve months price to earnings ratio of 31.03. Meaning, the purchaser of the share is investing $31.03 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 25.88%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AAON’s EBITDA is 79.57.

Sales Growth

AAON’s sales growth is 31.7% for the present quarter and 10.7% for the next.

Previous days news about AAON(AAON)

  • According to Zacks on Wednesday, 25 October, "AAON: Based in Tulsa, OK, AAON engineers, manufactures and markets air conditioning, as well as heating equipment. ", "It carries an impressive VGM Score of B. AAON surpassed earnings estimates in all the trailing four quarters, with the average surprise being 24.8%."

4. Alamos Gold (AGI)

6.1% sales growth and 7.33% return on equity

Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company's flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada. It also holds interests in a portfolio of development stage projects in Turkey, Canada, Mexico, and the United States. The company was formerly known as AuRico Gold Inc. and changed its name to Alamos Gold Inc. in July 2015. The company was incorporated in 2003 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Alamos Gold has a trailing twelve months EPS of $0.41.

PE Ratio

Alamos Gold has a trailing twelve months price to earnings ratio of 30.95. Meaning, the purchaser of the share is investing $30.95 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 7.33%.

Sales Growth

Alamos Gold’s sales growth is 19.6% for the ongoing quarter and 6.1% for the next.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 71.4% and 22.2%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.9%, now sitting on 1B for the twelve trailing months.

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