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Coastal Financial Corporation And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Coastal Financial Corporation (CCB), Ameresco (AMRC), FirstService Corporation (FSV) 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)

35.2% sales growth and 12.79% 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 $2.75.

PE Ratio

Coastal Financial Corporation has a trailing twelve months price to earnings ratio of 19.16. Meaning, the purchaser of the share is investing $19.16 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 12.79%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.5%, now sitting on 271.68M for the twelve trailing months.

Yearly Top and Bottom Value

Coastal Financial Corporation’s stock is valued at $52.70 at 11:22 EST, below its 52-week high of $53.54 and way above its 52-week low of $35.67.

Moving Average

Coastal Financial Corporation’s worth is way higher than its 50-day moving average of $46.48 and way higher than its 200-day moving average of $41.86.

Sales Growth

Coastal Financial Corporation’s sales growth is 22.5% for the ongoing quarter and 35.2% for the next.

2. Ameresco (AMRC)

33.1% sales growth and 5.55% return on equity

Ameresco, Inc. provides comprehensive energy services for businesses and organizations in North America and Europe. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions. The company operates through U.S. Regions, U.S. Federal, Canada, and Non-Solar Distributed Generation segments. It designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance costs of customers' facilities. The company's projects primarily include various measures customized for the facility and designed to enhance the efficiency of building systems, such as heating, ventilation, cooling, and lighting systems. It also offers renewable energy products and services, such as the construction of small-scale plants for customers that produce electricity, gas, heat, or cooling from renewable sources of energy; and sells electricity and processed renewable gas fuel, heat, or cooling. In addition, the company provides integrated- photovoltaic (PV) and consulting, and enterprise energy management services; sells solar PV energy products and systems; and owns and operates a wind power project located in County Kerry, Ireland. It serves federal, state, and local governments, as well as healthcare and educational institutions, housing authorities, and commercial and industrial customers. As of December 31, 2019, the company owned and operated 99 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was founded in 2000 and is headquartered in Framingham, Massachusetts.

Earnings Per Share

As for profitability, Ameresco has a trailing twelve months EPS of $1.09.

PE Ratio

Ameresco has a trailing twelve months price to earnings ratio of 25.94. Meaning, the purchaser of the share is investing $25.94 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 5.55%.

3. FirstService Corporation (FSV)

18.8% sales growth and 9.46% return on equity

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments. This segment also provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service swimming pool and amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. The FirstService Brands segment provides property services through 5 franchise networks; and company-owned locations, including 19 California Closets and 11 Paul Davis Restoration locations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, Interstate Restoration, FirstOnSite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was founded in 1989 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, FirstService Corporation has a trailing twelve months EPS of $1.79.

PE Ratio

FirstService Corporation has a trailing twelve months price to earnings ratio of 96.95. Meaning, the purchaser of the share is investing $96.95 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 9.46%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15.9%, now sitting on 4.65B for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 0.58%.

Volume

Today’s last reported volume for FirstService Corporation is 69607 which is 28.65% below its average volume of 97561.

4. Cameco Corporation (CCJ)

16.4% sales growth and 4.23% return on equity

Cameco Corporation produces and sells uranium. It operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services. This segment also produces fuel bundles or reactor components for CANDU reactors. The company sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.

Earnings Per Share

As for profitability, Cameco Corporation has a trailing twelve months EPS of $0.42.

PE Ratio

Cameco Corporation has a trailing twelve months price to earnings ratio of 90.9. Meaning, the purchaser of the share is investing $90.9 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 24.2%, now sitting on 2.65B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 20.8% and positive 80% for the next.

5. Crane Company (CR)

10.4% sales growth and 17.76% return on equity

Crane Co. manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company's Fluid Handling segment offers on/off valves and related products for the chemical, oil and gas, power, and general industrial end markets; valves and related products for the non-residential construction, general industrial, and municipal markets; fluid control instrumentation and sampling solutions; and pumps and related products for water and wastewater applications in industrial, municipal, commercial, and military markets. This segment sells its products under the Crane, Saunders, Jenkins, Pacific, Xomox, Krombach, DEPA, ELRO, REVO, Flowseal, Centerline, Resistoflex, Duochek, Barksdale, Westlock, WTA, HOKE, DOPAK, Stockham, Wask, Viking Johnson, IAT, Hattersley, NABIC, Sperryn, Wade, Deming, Weinman, Burks, and Barnes brands. Its Payment & Merchandising Technologies segment provides technology payment acceptance and dispensing products to original equipment manufacturers and for vertical markets; currency handling and processing systems, cash and cashless payment and merchandising solutions, equipment service solutions, and connected managed service solutions. The company's Aerospace & Electronics segment offers original equipment and aftermarket parts under the Hydro-Aire, ELDEC, Lear Romec, P.L. Porter, Keltec, Interpoint, Signal Technology, Merrimac Industries, and Polyflon brands to commercial and military aerospace, and defense and space markets. Its Engineered Materials segment provides fiberglass-reinforced plastic panels and coils primarily for use in the manufacturing of recreational vehicles, truck bodies, and trailers, as well as used in commercial and industrial building construction. Crane Co. was founded in 1855 and is based in Stamford, Connecticut.

Earnings Per Share

As for profitability, Crane Company has a trailing twelve months EPS of $4.15.

PE Ratio

Crane Company has a trailing twelve months price to earnings ratio of 35.36. Meaning, the purchaser of the share is investing $35.36 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 17.76%.

Sales Growth

Crane Company’s sales growth is 12.1% for the present quarter and 10.4% for the next.

Previous days news about Crane Company(CR)

  • According to Zacks on Tuesday, 13 August, "We have highlighted three other top-ranked stocks, namely Allegion plc (ALLE Quick QuoteALLE – Free Report) , Applied Industrial Technologies (AIT Quick QuoteAIT – Free Report) and Crane Company (CR Quick QuoteCR – Free Report) , each carrying a Zacks Rank of 2 at present. "

6. Commerce Bancshares (CBSH)

6.8% sales growth and 16.81% return on equity

Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company also offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. It operates through a network of 287 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado, as well as commercial offices. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.

Earnings Per Share

As for profitability, Commerce Bancshares has a trailing twelve months EPS of $3.69.

PE Ratio

Commerce Bancshares has a trailing twelve months price to earnings ratio of 16.28. Meaning, the purchaser of the share is investing $16.28 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 16.81%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.6%, now sitting on 1.58B for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 5, 2024, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 1.79%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 11% and 1%, respectively.

7. Matson (MATX)

6.7% sales growth and 14.15% return on equity

Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. The company's Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia. It primarily transports dry containers of mixed commodities, refrigerated commodities, packaged foods and beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear, e-commerce, and other retail merchandise. This segment also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan; and provides container stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services to ocean carriers on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. In addition, it offers vessel management services. The Logistics segment provides multimodal transportation brokerage services, including domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload, and expedited freight services; less-than-container load consolidation and freight forwarding services; warehousing and distribution services; and supply chain management services. It serves the U.S. military, freight forwarders, retailers, consumer goods, automobile manufacturers, and other customers. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.

Earnings Per Share

As for profitability, Matson has a trailing twelve months EPS of $9.47.

PE Ratio

Matson has a trailing twelve months price to earnings ratio of 13.69. Meaning, the purchaser of the share is investing $13.69 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 14.15%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 1, 2024, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 1.05%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 9.6%, now sitting on 3.19B for the twelve trailing months.

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