Coastal Financial Corporation And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Coastal Financial Corporation (CCB), Ciena Corporation (CIEN), New Mountain Finance Corporation (NMFC) 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)

90.1% sales growth and 20.05% 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 $3.52.

PE Ratio

Coastal Financial Corporation has a trailing twelve months price to earnings ratio of 9.97. Meaning, the purchaser of the share is investing $9.97 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 20.05%.

Moving Average

Coastal Financial Corporation’s value is higher than its 50-day moving average of $34.74 and way below its 200-day moving average of $42.01.

Revenue Growth

Year-on-year quarterly revenue growth grew by 56.9%, now sitting on 239.18M for the twelve trailing months.

Previous days news about Coastal Financial Corporation(CCB)

  • Wall street analysts predict a 50.47% upside in coastal financial corporation (ccb): here's what you should know. According to Zacks on Monday, 12 June, "Shares of Coastal Financial Corporation (CCB Quick QuoteCCB – Free Report) have gained 19.2% over the past four weeks to close the last trading session at $38.99, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. "
  • Coastal financial corporation (ccb) is an incredible growth stock: 3 reasons why. According to Zacks on Monday, 12 June, "This combination positions Coastal Financial Corporation well for outperformance, so growth investors may want to bet on it.", "While the historical EPS growth rate for Coastal Financial Corporation is 39.2%, investors should actually focus on the projected growth. "

2. Ciena Corporation (CIEN)

26.4% sales growth and 6.49% return on equity

Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.

Earnings Per Share

As for profitability, Ciena Corporation has a trailing twelve months EPS of $1.26.

PE Ratio

Ciena Corporation has a trailing twelve months price to earnings ratio of 37.7. Meaning, the purchaser of the share is investing $37.7 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 6.49%.

Yearly Top and Bottom Value

Ciena Corporation’s stock is valued at $47.50 at 06:22 EST, way below its 52-week high of $56.38 and way higher than its 52-week low of $38.33.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 17.3% and 115.2%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Ciena Corporation’s EBITDA is 52.08.

3. New Mountain Finance Corporation (NMFC)

17.5% sales growth and 6.08% return on equity

New Mountain Finance Corporation is a Business Development Company specializing in investments in middle market companies and debt securities at various levels of the capital structure, including first and second lien debt, unsecured notes, bonds, and mezzanine securities. It invests in various industries that include software, education, business services, distribution and logistics, federal services, healthcare services and products, healthcare facilities, energy, media, consumer and industrial services, healthcare Information Technology, Information Technology and services, specialty chemicals and materials, telecommunication, retail, and power generation. It seeks to invest in United States. It typically invests between $10 million and $50 million. Within middle market it seeks to invest in companies having EBITDA between $20 million and $200 million. It prefers to invest in equity interests, such as preferred stock, common stock, warrants, or options received in connection with its debt investments and directly in the equity of private companies. The fund makes investments through both primary originations and open-market secondary purchases. It invests primarily in debt securities that are rated below investment grade and have contractual unlevered returns of 10% to 15%. The firm may also invest in distressed debt and related opportunities and prefers to invest in targets having private equity sponsorship. It seeks to hold its investments between five years and ten years. The fund prefer to have majority stake in companies.

Earnings Per Share

As for profitability, New Mountain Finance Corporation has a trailing twelve months EPS of $0.8.

PE Ratio

New Mountain Finance Corporation has a trailing twelve months price to earnings ratio of 15.57. Meaning, the purchaser of the share is investing $15.57 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 6.08%.

Volume

Today’s last reported volume for New Mountain Finance Corporation is 213604 which is 40.88% below its average volume of 361363.

4. Woodward (WWD)

12.9% sales growth and 7.8% return on equity

Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment offers fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles; and flight deck controls, actuators, servo controls, and motors and sensors for aircraft that are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems. It also provides aftermarket maintenance, repair and overhaul, and other services to commercial airlines, repair facilities, military depots, third party repair shops, and other end users. This segment sells its products to original equipment manufacturers (OEMs), tier-one suppliers, and various contractors, as well as through aftermarket sales of components, such as provisioning spares or replacements, and spare parts. The Industrial segment designs, produces, and services systems and products for the management of fuel, air, fluids, gases, motion, combustion, and electricity. Its products include actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, power converters, sensors, and other devices that measure, communicate, and protect electrical distribution systems for use in industrial gas turbines, steam turbines, reciprocating engines, electric power generation and power distribution systems, wind turbines, and compressors. This segment sells its aftermarket products, and other related services to OEMs through an independent network of distributors, as well as directly to end users. The company was founded in 1870 and is headquartered in Fort Collins, Colorado.

Earnings Per Share

As for profitability, Woodward has a trailing twelve months EPS of $2.57.

PE Ratio

Woodward has a trailing twelve months price to earnings ratio of 41.97. Meaning, the purchaser of the share is investing $41.97 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 7.8%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 22.4%, now sitting on 2.59B for the twelve trailing months.

Volume

Today’s last reported volume for Woodward is 236926 which is 33.4% below its average volume of 355787.

Sales Growth

Woodward’s sales growth is 13.8% for the ongoing quarter and 12.9% for the next.

Yearly Top and Bottom Value

Woodward’s stock is valued at $107.86 at 06:22 EST, below its 52-week high of $116.24 and way above its 52-week low of $79.26.

5. Texas Roadhouse (TXRH)

11.7% sales growth and 27.44% return on equity

Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises Texas Roadhouse and Bubba's 33 restaurants. As of December 29, 2020, it operated 537 domestic restaurants and 97 franchise restaurants. Texas Roadhouse, Inc. was founded in 1993 and is based in Louisville, Kentucky.

Earnings Per Share

As for profitability, Texas Roadhouse has a trailing twelve months EPS of $4.17.

PE Ratio

Texas Roadhouse has a trailing twelve months price to earnings ratio of 26.53. Meaning, the purchaser of the share is investing $26.53 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 27.44%.

Yearly Top and Bottom Value

Texas Roadhouse’s stock is valued at $110.63 at 06:22 EST, below its 52-week high of $116.72 and way above its 52-week low of $68.94.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.9%, now sitting on 4.2B for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Texas Roadhouse’s EBITDA is 1.87.

Sales Growth

Texas Roadhouse’s sales growth is 13.6% for the present quarter and 11.7% for the next.

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