(VIANEWS) – Comerica Incorporated (CMA), Chesapeake Utilities Corporation (CPK), Armstrong World Industries (AWI) 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. Comerica Incorporated (CMA)
37.7% sales growth and 15.99% return on equity
Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also offers various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans, as well as commercial products and services to micro-businesses. The Wealth Management segment provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. It also sells annuity products, as well as life, disability, and long-term care insurance products. The Finance segment engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, Florida, and Canada. The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Comerica Incorporated has a trailing twelve months EPS of $6.14.
PE Ratio
Comerica Incorporated has a trailing twelve months price to earnings ratio of 11.82. Meaning, the purchaser of the share is investing $11.82 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%.
Sales Growth
Comerica Incorporated’s sales growth is 34.5% for the current quarter and 37.7% for the next.
2. Chesapeake Utilities Corporation (CPK)
13.8% sales growth and 11.03% 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 $4.86.
PE Ratio
Chesapeake Utilities Corporation has a trailing twelve months price to earnings ratio of 25.58. Meaning, the purchaser of the share is investing $25.58 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 11.03%.
Sales Growth
Chesapeake Utilities Corporation’s sales growth is 18.1% for the current quarter and 13.8% for the next.
3. Armstrong World Industries (AWI)
7.8% sales growth and 36.99% return on equity
Armstrong World Industries, Inc., together with its subsidiaries, designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United States, Canada, and Latin America. The company operates through Mineral Fiber and Architectural Specialties segments. The company produces suspended mineral fiber, soft fiber, fiberglass wool, and metal ceiling systems, as well as wood, wood fiber, glass-reinforced-gypsum, and felt ceiling and wall systems; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings and walls for use in commercial settings; and acoustical controls and architectural cast ceilings, walls, facades, columns, and moldings solutions. It sells its commercial ceiling and architectural specialties products to resale distributors and ceiling system contractors; and residential ceiling products to wholesalers and retailers, such as large home centers. The company was incorporated in 1891 and is headquartered in Lancaster, Pennsylvania.
Earnings Per Share
As for profitability, Armstrong World Industries has a trailing twelve months EPS of $3.39.
PE Ratio
Armstrong World Industries has a trailing twelve months price to earnings ratio of 24.01. Meaning, the purchaser of the share is investing $24.01 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 36.99%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 1, 2022, the estimated forward annual dividend rate is 1.02 and the estimated forward annual dividend yield is 1.28%.
Volume
Today’s last reported volume for Armstrong World Industries is 327138 which is 7.99% below its average volume of 355567.
Sales Growth
Armstrong World Industries’s sales growth is 5.8% for the present quarter and 7.8% for the next.
Moving Average
Armstrong World Industries’s value is higher than its 50-day moving average of $74.36 and above its 200-day moving average of $79.71.
4. First Financial Bankshares (FFIN)
5.1% sales growth and 16.13% return on equity
First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. The company accepts checking, savings and money market accounts, and time deposits; commercial and industrial, municipal, agricultural, construction and development, farm, non-owner occupied and owner-occupied commercial real estate, residential, and consumer auto and non-auto loans to businesses, professional individuals, and farm and ranch operations. It also provides drive-in and night deposit, remote deposit capture, internet and mobile banking, payroll cards, transmitting funds, and other customary commercial banking services, as well as automated teller machines and safe deposit facilities. In addition, the company offers personal trust services, including wealth management, administration of estates, testamentary trusts, revocable and irrevocable trusts, and agency accounts; and securities brokerage services, as well as administer retirements and employee benefits accounts, such as 401(k) profit-sharing plans and IRAs. Further, the company provides asset management and technology services. As of December 31, 2021, it had 78 financial centers across Texas. First Financial Bankshares, Inc. was founded in 1890 and is headquartered in Abilene, Texas.
Earnings Per Share
As for profitability, First Financial Bankshares has a trailing twelve months EPS of $1.56.
PE Ratio
First Financial Bankshares has a trailing twelve months price to earnings ratio of 23.81. Meaning, the purchaser of the share is investing $23.81 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 16.13%.
Yearly Top and Bottom Value
First Financial Bankshares’s stock is valued at $37.14 at 10:22 EST, way below its 52-week high of $49.26 and way above its 52-week low of $32.53.
