(VIANEWS) – Coastal Financial Corporation (CCB), Chesapeake Utilities Corporation (CPK), The Simply Good Foods Company (SMPL) 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 20.61. Meaning, the purchaser of the share is investing $20.61 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%.
Moving Average
Coastal Financial Corporation’s value is way above its 50-day moving average of $50.89 and way higher than its 200-day moving average of $44.37.
2. Chesapeake Utilities Corporation (CPK)
24.8% sales growth and 9.21% return on equity
Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.
Earnings Per Share
As for profitability, Chesapeake Utilities Corporation has a trailing twelve months EPS of $4.69.
PE Ratio
Chesapeake Utilities Corporation has a trailing twelve months price to earnings ratio of 26.29. Meaning, the purchaser of the share is investing $26.29 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 9.21%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 37.7% and 35.7%, respectively.
3. The Simply Good Foods Company (SMPL)
13.4% sales growth and 9.1% return on equity
The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers primarily nutrition bars, ready-to-drink (RTD) shakes, sweet and salty snacks, protein bars, cookies, pizza, protein chips, recipes, and confectionery products, as well as licensed frozen meals under the Atkins, Atkins Endulge, and Quest brand names. The company distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. It also sells its products through e-commerce channels, including atkins.com, questnutrition.com, and amazon.com. The Simply Good Foods Company is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, The Simply Good Foods Company has a trailing twelve months EPS of $1.45.
PE Ratio
The Simply Good Foods Company has a trailing twelve months price to earnings ratio of 23.2. Meaning, the purchaser of the share is investing $23.2 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 9.1%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 1.28B for the twelve trailing months.
Volume
Today’s last reported volume for The Simply Good Foods Company is 93867 which is 89.99% below its average volume of 938556.
Yearly Top and Bottom Value
The Simply Good Foods Company’s stock is valued at $33.64 at 20:22 EST, way under its 52-week high of $43.00 and way higher than its 52-week low of $30.00.
Sales Growth
The Simply Good Foods Company’s sales growth is 16.8% for the ongoing quarter and 13.4% for the next.
4. Kimco Realty Corporation (KIM)
12.3% sales growth and 3.64% return on equity
Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of June 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.
Earnings Per Share
As for profitability, Kimco Realty Corporation has a trailing twelve months EPS of $0.54.
PE Ratio
Kimco Realty Corporation has a trailing twelve months price to earnings ratio of 42.79. Meaning, the purchaser of the share is investing $42.79 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 3.64%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 5, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 4.13%.
Volume
Today’s last reported volume for Kimco Realty Corporation is 1481790 which is 63.56% below its average volume of 4066430.
Sales Growth
Kimco Realty Corporation’s sales growth for the next quarter is 12.3%.
5. Dycom Industries (DY)
11.9% sales growth and 22.44% return on equity
Dycom Industries, Inc. provides specialty contracting services in the United States. The company offers various specialty contracting services, including program management, engineering, construction, maintenance, and installation services, such as placement and splicing of fiber, copper, and coaxial cables to telecommunications providers. It also provides tower construction, lines and antenna installation, foundation and equipment pad construction, and small cell site placement for wireless carriers, as well as equipment installation and material fabrication, and site testing services; and installs and maintains customer premise equipment, such as digital video recorders, set top boxes, and modems for cable system operators. In addition, the company offers construction and maintenance services for electric and gas utilities, and other customers; and underground facility locating services, such as locating telephone, cable television, power, water, sewer, and gas lines for various utility companies, including telecommunication providers. Dycom Industries, Inc. was incorporated in 1969 and is headquartered in Palm Beach Gardens, Florida.
Earnings Per Share
As for profitability, Dycom Industries has a trailing twelve months EPS of $8.04.
PE Ratio
Dycom Industries has a trailing twelve months price to earnings ratio of 23.99. Meaning, the purchaser of the share is investing $23.99 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 22.44%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.5%, now sitting on 4.43B for the twelve trailing months.
Volume
Today’s last reported volume for Dycom Industries is 314102 which is 1.25% above its average volume of 310195.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 17.4% and positive 30.4% for the next.
Yearly Top and Bottom Value
Dycom Industries’s stock is valued at $192.84 at 20:22 EST, below its 52-week high of $199.77 and way higher than its 52-week low of $78.42.
6. Tetra Tech (TTEK)
11.2% sales growth and 18.66% return on equity
Tetra Tech, Inc. provides consulting and engineering services worldwide. The company operates through Government Services Group (GSG) and Commercial/International Services Group (CIG) segments. The GSG segment offers early data collection and monitoring, data analysis and information technology, science and engineering applied research, engineering design, construction management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services. This segment serves federal, state, and local governments, and development agencies in water resources analysis and water management, environmental monitoring, data analytics, government consulting, waste management, and a range of civil infrastructure master planning and engineering design markets. The CIG segment provides early data collection and monitoring, data analysis and information management, feasibility studies and assessments, science and engineering applied research, engineering design, construction management, and operations and maintenance services. This segment serves natural resources, energy, and utilities markets, as well as civil infrastructure master planning and engineering design markets. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California.
Earnings Per Share
As for profitability, Tetra Tech has a trailing twelve months EPS of $1.08.
PE Ratio
Tetra Tech has a trailing twelve months price to earnings ratio of 45.83. Meaning, the purchaser of the share is investing $45.83 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 18.66%.
Yearly Top and Bottom Value
Tetra Tech’s stock is valued at $49.50 at 20:22 EST, below its 52-week high of $50.03 and way above its 52-week low of $28.67.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 15, 2024, the estimated forward annual dividend rate is 0.23 and the estimated forward annual dividend yield is 0.47%.
7. StoneX Group (SNEX)
9.6% sales growth and 15.99% return on equity
StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. Its Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services. The company's Institutional segment provides equity trading services to institutional clients; and originates, structures, and places debt instruments in capital markets worldwide. Its services cover foreign securities, including unlisted American Depository Receipts, Global Depository Receipts, and foreign ordinary shares. This segment also operates as an institutional dealer in fixed income securities to serve asset managers, commercial bank trust and investment departments, broker-dealers, and insurance companies; engages in asset management business; and offers clearing and execution services in futures exchanges, brokerage foreign exchange services for the financial institutions and professional traders, and OTC products. The company's Retail segment provides trading services and solutions in the global financial markets, including spot foreign exchange, precious metals trading, and contracts for differences; and wealth management and investment services, as well as offers physical gold and other precious metals in various forms and denominations through coininvest.com and silver-to-go.com. Its Global Payments segment provides foreign exchange and treasury services to banks and commercial businesses, charities, and non-governmental and government organizations; and payments services. The company was formerly known as INTL FCStone Inc. and changed its name to StoneX Group Inc. in July 2020. StoneX Group Inc. was founded in 1924 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, StoneX Group has a trailing twelve months EPS of $7.96.
PE Ratio
StoneX Group has a trailing twelve months price to earnings ratio of 10.3. Meaning, the purchaser of the share is investing $10.3 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 15.99%.
8. MGIC Investment Corporation (MTG)
8.7% sales growth and 14.97% return on equity
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides pool insurance for secondary market mortgage transactions; and contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, MGIC Investment Corporation has a trailing twelve months EPS of $2.7.
PE Ratio
MGIC Investment Corporation has a trailing twelve months price to earnings ratio of 9.4. Meaning, the purchaser of the share is investing $9.4 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 14.97%.
Moving Average
MGIC Investment Corporation’s value is above its 50-day moving average of $24.63 and way higher than its 200-day moving average of $21.52.
Yearly Top and Bottom Value
MGIC Investment Corporation’s stock is valued at $25.39 at 20:22 EST, below its 52-week high of $25.93 and way above its 52-week low of $16.32.
Volume
Today’s last reported volume for MGIC Investment Corporation is 1253690 which is 20.87% below its average volume of 1584450.
