(VIANEWS) – Eagle Point Credit Company (ECC), Martin Marietta Materials (MLM), Cinemark Holdings (CNK) 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. Eagle Point Credit Company (ECC)
23.6% sales growth and 16.22% return on equity
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eagle Point Credit Company has a trailing twelve months EPS of $1.09.
PE Ratio
Eagle Point Credit Company has a trailing twelve months price to earnings ratio of 8.55. Meaning, the purchaser of the share is investing $8.55 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 16.22%.
2. Martin Marietta Materials (MLM)
17.6% sales growth and 14.93% return on equity
Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials, Inc. was founded in 1939 and is headquartered in Raleigh, North Carolina.
Earnings Per Share
As for profitability, Martin Marietta Materials has a trailing twelve months EPS of $17.69.
PE Ratio
Martin Marietta Materials has a trailing twelve months price to earnings ratio of 28.14. Meaning, the purchaser of the share is investing $28.14 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 14.93%.
Sales Growth
Martin Marietta Materials’s sales growth is 19% for the ongoing quarter and 17.6% for the next.
3. Cinemark Holdings (CNK)
12.9% sales growth and 40.81% return on equity
Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of October 8, 2021, it operated 521 theatres with 5,864 screens in the United States, and South and Central America. The company was founded in 1984 and is headquartered in Plano, Texas.
Earnings Per Share
As for profitability, Cinemark Holdings has a trailing twelve months EPS of $0.6.
PE Ratio
Cinemark Holdings has a trailing twelve months price to earnings ratio of 24.48. Meaning, the purchaser of the share is investing $24.48 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 40.81%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 86.6% and 166.7%, respectively.
Yearly Top and Bottom Value
Cinemark Holdings’s stock is valued at $14.69 at 15:22 EST, way below its 52-week high of $19.85 and way above its 52-week low of $8.28.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Cinemark Holdings’s EBITDA is 1.52.
4. WEX (WEX)
8.5% sales growth and 16.25% return on equity
WEX Inc. operates a commerce platform in the United States and internationally. The Fleet Solutions segment offers fleet vehicle payment solutions, transaction processing, and information management services. It also provides account and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and tools to fleets to manage expenses and capital requirements. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Travel and Corporate Solutions segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. Its products include virtual cards that are used for transactions where no physical card is presented. This segment markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals, as well as businesses and financial institutions. The Health and Employee Benefit Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. Its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. This segment also provides custodial and depository services for health savings accounts; and payroll-related benefits. This segment markets its products through third-party administrators, financial institutions, payroll providers, and health plans. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is based in Portland, Maine.
Earnings Per Share
As for profitability, WEX has a trailing twelve months EPS of $6.17.
PE Ratio
WEX has a trailing twelve months price to earnings ratio of 31.56. Meaning, the purchaser of the share is investing $31.56 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 16.25%.
Moving Average
WEX’s value is above its 50-day moving average of $179.33 and above its 200-day moving average of $182.89.
5. Assurant (AIZ)
8% sales growth and 12.3% return on equity
Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Lifestyle, Global Housing, and Global Preneed. The Global Lifestyle segment provides mobile device protection products and services, and extended service contracts for consumer electronics and appliances, as well as assistance services; vehicle protection and related services; and credit and other insurance services. The Global Housing segment offers lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, homeowners insurance, and other specialty products. The Global Preneed segment provides pre-funded funeral insurance, final need insurance, and related services. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Assurant has a trailing twelve months EPS of $9.81.
PE Ratio
Assurant has a trailing twelve months price to earnings ratio of 16.82. Meaning, the purchaser of the share is investing $16.82 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 12.3%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Assurant’s EBITDA is 0.86.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 23, 2023, the estimated forward annual dividend rate is 2.88 and the estimated forward annual dividend yield is 1.76%.
Previous days news about Assurant(AIZ)
- According to Zacks on Thursday, 28 December, "Though the insurance industry is yet to outperform the broader sector, shares of Assurant Inc. (AIZ Quick QuoteAIZ – Free Report) , Kinsale Capital Group, Inc. (KNSL Quick QuoteKNSL – Free Report) and NMI Holdings (NMIH Quick QuoteNMIH – Free Report) have outperformed the industry, the sector and the S&P 500 composite. ", "Headquartered in New York, Assurant is a global provider of risk management solutions in the housing and lifestyle markets. "
- According to Zacks on Friday, 29 December, "Some other top-ranked stocks from the insurance industry are Assurant Inc. (AIZ Quick QuoteAIZ – Free Report) , Enact Holdings (ACT Quick QuoteACT – Free Report) and Old Republic International (ORI Quick QuoteORI – Free Report) ."
- The zacks analyst blog highlights assurant, kinsale capital group and NMI holdings. According to Zacks on Friday, 29 December, "Though the insurance industry is yet to outperform the broader sector, shares of Assurant Inc., Kinsale Capital Group, Inc. and NMI Holdings have outperformed the industry, the sector and the S&P 500 composite. ", "Stocks recently featured in the blog include: Assurant Inc. (AIZ Quick QuoteAIZ – Free Report) , Kinsale Capital Group, Inc. (KNSL Quick QuoteKNSL – Free Report) and NMI Holdings (NMIH Quick QuoteNMIH – Free Report) ."
6. Elbit Systems Ltd. (ESLT)
7% sales growth and 9.94% return on equity
Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company offers military aircraft and helicopter systems; commercial aviation systems and aerostructures; unmanned aircraft systems; electro-optic, night vision, and countermeasures systems; naval systems; land vehicle systems; munitions, such as precision munitions for land, air, and sea applications; command, control, communications, computer, intelligence, surveillance and reconnaissance, and cyber systems; electronic warfare and signal intelligence systems; and other commercial activities. It also manufactures and sells data links and radio communication systems and equipment, and cyber intelligence, autonomous, and homeland security solutions; laser systems and products; guided rocket systems; and armored vehicle and other platforms survivability and protection systems, as well as provides various training and support services. The company markets its systems and products as a prime contractor or subcontractor to various governments and companies. It also has operations in the United States, Europe, Latin America, the Asia-Pacific, and internationally. The company was incorporated in 1966 and is based in Haifa, Israel.
Earnings Per Share
As for profitability, Elbit Systems Ltd. has a trailing twelve months EPS of $6.07.
PE Ratio
Elbit Systems Ltd. has a trailing twelve months price to earnings ratio of 35.72. Meaning, the purchaser of the share is investing $35.72 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 9.94%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Elbit Systems Ltd.’s EBITDA is 1.89.
