(VIANEWS) – First Bank (FRBA), Palomar Holdings (PLMR), Entegris (ENTG) 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. First Bank (FRBA)
32.6% sales growth and 13.05% return on equity
First Bank provides various banking products and services to individuals, businesses, and governmental entities. The company accepts various deposits, including non-interest bearing demand deposits, interest bearing demand accounts, money market accounts, savings accounts, and certificates of deposit, as well as commercial checking accounts. Its loan products include commercial and industrial loans; commercial real estate loans, such as owner-occupied, investor, construction and development, and multi-family loans; residential real estate loans comprising residential mortgages, first and second lien home equity loans, and revolving lines of credit; and consumer and other loans that include auto, personal, and traditional installment loans. The company also provides electronic banking services, including Internet and mobile banking, electronic bill payment, and banking by phone, as well as ATM and debit cards, and wire and ACH transfer services; remote deposit capture; and cash management services. As of December 31, 2021, it operated 18 full-service branches in Cinnaminson, Cranbury, Delanco, Denville, Ewing, Flemington, Hamilton, Hamilton, Lawrence, Mercerville, Pennington, Randolph, Somerset, and Williamstown counties in New Jersey, as well as Doylestown, Trevose, Warminster, and West Chester counties in Pennsylvania. First Bank was incorporated in 2007 and is headquartered in Hamilton, New Jersey.
Earnings Per Share
As for profitability, First Bank has a trailing twelve months EPS of $1.78.
PE Ratio
First Bank has a trailing twelve months price to earnings ratio of 7.61. Meaning, the purchaser of the share is investing $7.61 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 13.05%.
2. Palomar Holdings (PLMR)
30.7% sales growth and 13.42% return on equity
Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.
Earnings Per Share
As for profitability, Palomar Holdings has a trailing twelve months EPS of $0.24.
PE Ratio
Palomar Holdings has a trailing twelve months price to earnings ratio of 251.79. Meaning, the purchaser of the share is investing $251.79 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 13.42%.
3. Entegris (ENTG)
26.5% sales growth and 8.47% return on equity
Entegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH). The SCEM segment offers high-performance and high-purity process chemistries, gases, and materials, as well as delivery systems to support semiconductor and other advanced manufacturing processes. The MC segment provides solutions to filter and purify critical liquid chemistries and gases used in semiconductor manufacturing processes and other high-technology industries. The AMH segment develops solutions to monitor, protect, transport, and deliver critical liquid chemistries, wafers, and other substrates for application in the semiconductor, life sciences, and other high-technology industries. The company's customers include logic and memory semiconductor device manufacturers, semiconductor equipment makers, gas and chemical manufacturing companies, and wafer grower companies; and flat panel display equipment makers, panel manufacturers, and manufacturers of hard disk drive components and devices, as well as their related ecosystems. It also serves manufacturers and suppliers in the solar industries, electrical discharge machining customers, glass and glass container manufacturers, aerospace manufacturers, and manufacturers of biomedical implantation devices. Entegris, Inc. was founded in 1966 and is headquartered in Billerica, Massachusetts.
Earnings Per Share
As for profitability, Entegris has a trailing twelve months EPS of $1.46.
PE Ratio
Entegris has a trailing twelve months price to earnings ratio of 56.76. Meaning, the purchaser of the share is investing $56.76 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 8.47%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Entegris’s EBITDA is 5.53.
Volume
Today’s last reported volume for Entegris is 1900860 which is 0.13% above its average volume of 1898290.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 30, 2023, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 0.48%.
4. Arthur J. Gallagher & Co. (AJG)
14.7% sales growth and 12.57% return on equity
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage, consulting, third-party claims settlement, and administration services in the United States, Australia, Bermuda, Canada, the Caribbean, New Zealand, India, and the United Kingdom. It operates through Brokerage and Risk Management segments. The Brokerage segment consists of retail and wholesale insurance brokerage operations; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverage's to underwriting enterprises. This segment also performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers brokerage and consulting services to businesses and organizations, including commercial, not-for-profit, and public entities, as well as individuals in the areas of insurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services to enterprises and public entities; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent insurance brokers and consultants. It serves commercial, industrial, public, religious, and not-for-profit entities. The company was incorporated in 1927 and is headquartered in Rolling Meadows, Illinois.
Earnings Per Share
As for profitability, Arthur J. Gallagher & Co. has a trailing twelve months EPS of $4.35.
PE Ratio
Arthur J. Gallagher & Co. has a trailing twelve months price to earnings ratio of 42.18. Meaning, the purchaser of the share is investing $42.18 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 12.57%.
Volume
Today’s last reported volume for Arthur J. Gallagher & Co. is 866256 which is 15.49% above its average volume of 750062.
Yearly Top and Bottom Value
Arthur J. Gallagher & Co.’s stock is valued at $183.65 at 16:22 EST, under its 52-week high of $202.37 and way higher than its 52-week low of $148.24.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 1, 2023, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 1.14%.
5. Visteon Corporation (VC)
12.8% sales growth and 18.7% return on equity
Visteon Corporation engineers, designs, and manufactures cockpit electronics and connected car solutions for vehicle manufacturers worldwide. The company provides instrument clusters, including standard analog gauge clusters to high-resolution, all-digital, fully reconfigurable, 2-D, and 3-D display-based devices; information displays that integrate a range of user interface technologies and graphics management capabilities; and audio and infotainment systems that allows vehicle occupants to connect their mobile devices to the system and safely access phone functions, listen to music, stream media, and enable mobile connectivity applications. It also offers infotainment solutions, including Phoenix display audio and embedded infotainment platform; telematics control unit to enable secure connected car services, software updates, and data; SmartCore, an automotive-grade, integrated domain controller to enhance efficiency, and reduce power consumption and cost; and head-up displays (HUD), such as combiner HUD and windshield HUD that present critical information to the driver. Visteon Corporation was founded in 2000 and is headquartered in Van Buren, Michigan.
Earnings Per Share
As for profitability, Visteon Corporation has a trailing twelve months EPS of $4.24.
PE Ratio
Visteon Corporation has a trailing twelve months price to earnings ratio of 39.09. Meaning, the purchaser of the share is investing $39.09 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 18.7%.
Yearly Top and Bottom Value
Visteon Corporation’s stock is valued at $165.74 at 16:22 EST, below its 52-week high of $171.06 and way above its 52-week low of $88.82.
6. Tractor Supply Company (TSCO)
9.8% sales growth and 53.83% return on equity
Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use. It provides its products under the 4health, Producer's Pride, American Farmworks, Red Shed, Bit & Bridle, Redstone, Blue Mountain, Retriever, C.E. Schmidt, Ridgecut, Countyline, Royal Wing, Dumor, Strive, Groundwork, Traveller, Huskee, Treeline, JobSmart, TSC Tractor Supply Co, Paws & Claws, and Untamed brands. As of June 25, 2022, it operated 2,016 Tractor Supply stores in 49 states; and 178 Petsense stores in 23 states. The company operates its retail stores under the Tractor Supply Company, Del's Feed & Farm Supply, and Petsense names; and operates websites under the TractorSupply.com and Petsense.com names. It sells its products to recreational farmers, ranchers, and others. The company was founded in 1938 and is based in Brentwood, Tennessee.
Earnings Per Share
As for profitability, Tractor Supply Company has a trailing twelve months EPS of $7.22.
PE Ratio
Tractor Supply Company has a trailing twelve months price to earnings ratio of 31.67. Meaning, the purchaser of the share is investing $31.67 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 53.83%.
7. Automatic Data Processing (ADP)
6.9% sales growth and 78.3% return on equity
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
Earnings Per Share
As for profitability, Automatic Data Processing has a trailing twelve months EPS of $5.76.
PE Ratio
Automatic Data Processing has a trailing twelve months price to earnings ratio of 37.34. Meaning, the purchaser of the share is investing $37.34 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 78.3%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 5 and the estimated forward annual dividend yield is 2.23%.
Volume
Today’s last reported volume for Automatic Data Processing is 769093 which is 60.04% below its average volume of 1924830.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.1%, now sitting on 17.25B for the twelve trailing months.
Previous days news about Automatic Data Processing(ADP)
- According to FXStreet on Thursday, 9 March, "After an upbeat US Automatic Data Processing (ADP) Employment Change data, investors are shifting their focus toward US Nonfarm Payrolls (NFP) data, which is scheduled for Friday. "
- According to FXStreet on Thursday, 9 March, "Also, upbeat US Automatic Data Processing (ADP) Employment data has confirmed that January’s strong data on the labor market and consumer spending was not a one-time blip."
- According to FXStreet on Thursday, 9 March, "The US Automatic Data Processing (ADP) has reported an addition of 242K jobs in February, higher than the expectations of 200K and the former release of 119K. "
- According to FXStreet on Friday, 10 March, "Considering the better-than-anticipated US Automatic Data Processing (ADP) Employment figures, it is highly expected that the official employment data could display an upbeat number. "
- According to FXStreet on Thursday, 9 March, "The precious metal is expected to resume its downside journey as strong United States Employment data reported by Automatic Data Processing (ADP) has confirmed that January’s strong consumer spending and higher payrolls were not a one-time shock to the declining Consumer Price Index (CPI)."
