(VIANEWS) – Essent Group Ltd. (ESNT), Flowserve Corporation (FLS), Waste Connections (WCN) 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. Essent Group Ltd. (ESNT)
17.7% sales growth and 14.56% return on equity
Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; underwriting consulting; and contract underwriting services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. The company was founded in 2008 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Essent Group Ltd. has a trailing twelve months EPS of $6.5.
PE Ratio
Essent Group Ltd. has a trailing twelve months price to earnings ratio of 8.22. Meaning, the purchaser of the share is investing $8.22 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 14.56%.
Yearly Top and Bottom Value
Essent Group Ltd.’s stock is valued at $53.46 at 06:22 EST, way under its 52-week high of $59.90 and way higher than its 52-week low of $40.33.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.2%, now sitting on 1.09B for the twelve trailing months.
2. Flowserve Corporation (FLS)
16% sales growth and 10.71% return on equity
Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and fluids. The company primarily serves oil and gas, chemical and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was incorporated in 1912 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Flowserve Corporation has a trailing twelve months EPS of $1.42.
PE Ratio
Flowserve Corporation has a trailing twelve months price to earnings ratio of 32.65. Meaning, the purchaser of the share is investing $32.65 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 10.71%.
Yearly Top and Bottom Value
Flowserve Corporation’s stock is valued at $46.36 at 06:22 EST, under its 52-week high of $48.31 and way higher than its 52-week low of $32.05.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.1%, now sitting on 4.32B for the twelve trailing months.
Moving Average
Flowserve Corporation’s value is higher than its 50-day moving average of $44.41 and way above its 200-day moving average of $40.24.
3. Waste Connections (WCN)
10% sales growth and 10.3% return on equity
Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. The company owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.
Earnings Per Share
As for profitability, Waste Connections has a trailing twelve months EPS of $2.95.
PE Ratio
Waste Connections has a trailing twelve months price to earnings ratio of 56.65. Meaning, the purchaser of the share is investing $56.65 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 10.3%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 27, 2024, the estimated forward annual dividend rate is 1.14 and the estimated forward annual dividend yield is 0.68%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Waste Connections’s EBITDA is 6.22.
4. Gentex Corporation (GNTX)
8.8% sales growth and 19.57% return on equity
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. The company sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
Earnings Per Share
As for profitability, Gentex Corporation has a trailing twelve months EPS of $1.84.
PE Ratio
Gentex Corporation has a trailing twelve months price to earnings ratio of 19.12. Meaning, the purchaser of the share is investing $19.12 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 19.57%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 4, 2024, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 1.33%.
Moving Average
Gentex Corporation’s worth is below its 50-day moving average of $35.66 and above its 200-day moving average of $32.50.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Gentex Corporation’s EBITDA is 47.33.
5. CBIZ (CBZ)
8.1% sales growth and 16.08% return on equity
CBIZ, Inc. provides financial, insurance, and advisory services in the United States and Canada. The company operates through three segments: Financial Services, Benefits and Insurance Services, and National Practices. The Financial Services segment offers accounting and tax, government healthcare consulting, financial advisory, valuation, and risk and advisory services. The Benefits and Insurance Services provides group health benefits consulting, payroll, property and casualty, and retirement plan services. The National Practices segment offers managed networking and hardware, and health care consulting services. It primarily serves small and medium-sized businesses, as well as individuals, governmental entities, and not-for-profit enterprises. The company was founded in 1987 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, CBIZ has a trailing twelve months EPS of $2.39.
PE Ratio
CBIZ has a trailing twelve months price to earnings ratio of 31.35. Meaning, the purchaser of the share is investing $31.35 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 16.08%.
Sales Growth
CBIZ’s sales growth is 8% for the present quarter and 8.1% for the next.
