(VIANEWS) – Customers Bancorp (CUBI), Public Storage (PSA), AMETEK (AME) 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. Customers Bancorp (CUBI)
14.1% sales growth and 14.7% return on equity
Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. It operates in two segments, Customers Bank Business Banking and BankMobile. The company accepts various deposit products, such as checking, savings, money market deposit, time deposit, non-interest-bearing demand accounts, individual retirement accounts, and other deposit accounts, as well as non-retail time deposits. It also provides commercial and industrial lending services; small business administration and paycheck protection program loans; multi-family and commercial real estate loans; commercial loans to mortgage companies; equipment financing services and specialty lending; mortgage warehouse loans; and home equity and residential mortgage and installment loans. In addition, the company offers private banking services; mobile phone banking, internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, and positive pay services; and cash management services, such as account reconciliation, collections, and sweep accounts. It operates 12 full-service branches, as well as limited production and administrative offices in Southeastern Pennsylvania, including Bucks, Berks, Chester, Philadelphia, and Delaware Counties; Rye Brook and New York; Hamilton, New Jersey; Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; Manhattan and Melville, New York; Washington D.C.; and Chicago, Illinois. Customers Bancorp, Inc. was founded in 1997 and is headquartered in West Reading, Pennsylvania.
Earnings Per Share
As for profitability, Customers Bancorp has a trailing twelve months EPS of $6.32.
PE Ratio
Customers Bancorp has a trailing twelve months price to earnings ratio of 6.57. Meaning, the purchaser of the share is investing $6.57 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 14.7%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 135.1% and 9.7%, respectively.
Sales Growth
Customers Bancorp’s sales growth is 27.4% for the current quarter and 14.1% for the next.
2. Public Storage (PSA)
6.1% sales growth and 20.99% return on equity
Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At September 30, 2023, we had: (i) interests in 3,028 self-storage facilities located in 40 states with approximately 217 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 267 self-storage facilities located in seven Western European nations with approximately 15 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.
Earnings Per Share
As for profitability, Public Storage has a trailing twelve months EPS of $10.92.
PE Ratio
Public Storage has a trailing twelve months price to earnings ratio of 23.62. Meaning, the purchaser of the share is investing $23.62 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 20.99%.
Moving Average
Public Storage’s worth is below its 50-day moving average of $259.32 and below its 200-day moving average of $282.51.
Yearly Top and Bottom Value
Public Storage’s stock is valued at $257.89 at 19:22 EST, way below its 52-week high of $316.48 and way above its 52-week low of $233.18.
3. AMETEK (AME)
5.4% sales growth and 16.43% return on equity
AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. It operates in two segments, Electronic Instruments (EIG) and Electromechanical (EMG). The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; and instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets.Its EMG segment offers engineered electrical connectors and electronics packaging to protect sensitive devices and mission-critical electronics; precision motion control products for data storage, medical devices, business equipment, automation, and other applications; high-purity powdered metals, strips and foils, specialty clad metals, and metal matrix composites; motor-blower systems and heat exchangers for use in thermal management, military, commercial aircraft, and military ground vehicles; and motors for use in commercial appliances, fitness equipment, food and beverage machines, hydraulic pumps, and industrial blowers. This segment also operates a network of aviation maintenance, repair, and overhaul facilities. In addition, the company offers clinical and educational communication solutions. AMETEK, Inc. was incorporated in 1930 and is headquartered in Berwyn, Pennsylvania.
Earnings Per Share
As for profitability, AMETEK has a trailing twelve months EPS of $5.53.
PE Ratio
AMETEK has a trailing twelve months price to earnings ratio of 28.08. Meaning, the purchaser of the share is investing $28.08 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 16.43%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 12, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 0.72%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AMETEK’s EBITDA is 94.33.
Moving Average
AMETEK’s value is higher than its 50-day moving average of $151.06 and above its 200-day moving average of $148.22.
4. Regency Centers Corporation (REG)
5.1% sales growth and 5.59% return on equity
Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.
Earnings Per Share
As for profitability, Regency Centers Corporation has a trailing twelve months EPS of $2.12.
PE Ratio
Regency Centers Corporation has a trailing twelve months price to earnings ratio of 28.51. Meaning, the purchaser of the share is investing $28.51 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 5.59%.
Sales Growth
Regency Centers Corporation’s sales growth is 5.6% for the ongoing quarter and 5.1% for the next.
