(VIANEWS) – First Busey Corporation (BUSE), Newtek Business Services Corp. (NEWT), Mueller Industries (MLI) 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 Busey Corporation (BUSE)
29.2% sales growth and 8.68% return on equity
First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates through three segments: Banking, FirsTech, and Wealth Management. It offers banking services to individual and corporate customers. The company also provides asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services. Further, it offers payment technology solutions through its payment platform, such as walk-in payment processing for customers at retail pay agents; online bill payment solutions; customer service payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered to automated clearing house network; money management and credit card networks; and lockbox remittance processing to make payments by mail, as well as provides tools related to billing, reconciliation, bill reminders, and treasury services. The company has 46 banking centers in Illinois; 8 in Missouri; 3 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.
Earnings Per Share
As for profitability, First Busey Corporation has a trailing twelve months EPS of $1.94.
PE Ratio
First Busey Corporation has a trailing twelve months price to earnings ratio of 12.68. Meaning, the purchaser of the share is investing $12.68 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 8.68%.
Moving Average
First Busey Corporation’s value is higher than its 50-day moving average of $24.48 and above its 200-day moving average of $23.32.
Sales Growth
First Busey Corporation’s sales growth is 10.3% for the current quarter and 29.2% for the next.
Yearly Top and Bottom Value
First Busey Corporation’s stock is valued at $24.59 at 11:22 EST, way under its 52-week high of $28.97 and way higher than its 52-week low of $17.51.
Volume
Today’s last reported volume for First Busey Corporation is 135096 which is 36.06% below its average volume of 211298.
2. Newtek Business Services Corp. (NEWT)
24.4% sales growth and 17.13% return on equity
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services; Accounts Receivable Financing, and The Secure Gateway. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The firm seeks to invest in New York and Louisiana area. The firm seeks to invest $0.3 million to $3 million in businesses. It provides small business terms loans ranging from $0.05 million to $10 million. The firm also provides account receivable financing ranging from $0.05 million to $1.5 million. It also provides $0.05 million to $10 million financing to owner occupied real estate businesses whose average net income over the last 2 years must not exceed $2.5 million. Newtek Business Services Corp., formerly known as Newtek Business Services Inc., was incorporated on August 26, 2013 and is headquartered in Boca Raton, Florida with additional offices in Lake Success, New York, Garden City, New York; Miami, Florida; Milwaukee, Wisconsin; New Orleans, Louisiana; and New York, New York.
Earnings Per Share
As for profitability, Newtek Business Services Corp. has a trailing twelve months EPS of $1.66.
PE Ratio
Newtek Business Services Corp. has a trailing twelve months price to earnings ratio of 7.54. Meaning, the purchaser of the share is investing $7.54 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 17.13%.
3. Mueller Industries (MLI)
15.7% sales growth and 23.76% return on equity
Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties; and supplies water tubes. This segment sells its products to wholesalers in the plumbing and refrigeration markets, distributors to the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The Industrial Metals segment manufactures brass, bronze, and copper alloy rods; plumbing brass, valves, fittings, and gas assemblies; cold-form aluminum and copper products; machining of aluminum, steel, brass, and cast iron impacts and castings; brass and aluminum forgings; brass, aluminum, and stainless-steel valves; fluid control solutions; and gas train assembles to OEMs in the industrial, construction, HVAC, plumbing, and refrigeration markets. The Climate segment offers valves, protection devices, and brass fittings for various OEMs in the commercial HVAC and refrigeration markets; high-pressure components and accessories for the air-conditioning and refrigeration markets; coaxial heat exchangers and twisted tubes for the HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets; and insulated HVAC flexible duct systems. Mueller Industries, Inc. was founded in 1917 and is headquartered in Collierville, Tennessee.
Earnings Per Share
As for profitability, Mueller Industries has a trailing twelve months EPS of $4.83.
PE Ratio
Mueller Industries has a trailing twelve months price to earnings ratio of 13.88. Meaning, the purchaser of the share is investing $13.88 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 23.76%.
4. NICE Ltd (NICE)
15.5% sales growth and 11.89% return on equity
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing. The company provides smart self service solutions that empower organizations to build intelligent automated conversations based on data; and prepared agent solutions and tools enable contact center agents to guide and alert them in real time; provides solutions that help organizations to record structured and unstructured customer interaction and transaction data; and NICE Evidencentral, an digital evidence management platform for public safety emergency communications, law enforcement, and criminal justice helps agencies. In addition, it offers X-Sight, is an open and flexible AI-cloud platform for financial crime and compliance; Xceed, a cloud platform for comprehensive AML and fraud prevention for small and mid-sized organizations; data intelligence solutions that enable organizations to turn raw data into comprehensive actionable intelligence to prevent and detect financial crimes; AI and analytics technologies to detect and prevent financial crimes in real-time; money laundering and fraud prevention solutions that help organizations adhere to capital markets compliance and anti-money laundering compliance regulations; intelligent investigations solutions; and self-service solutions that provide organizations with customization and self-development capabilities. The company was formerly known as NICE-Systems Ltd. and changed its name to NICE Ltd. in June 2016. NICE Ltd. was founded in 1986 and is headquartered in Ra'anana, Israel.
Earnings Per Share
As for profitability, NICE Ltd has a trailing twelve months EPS of $5.11.
PE Ratio
NICE Ltd has a trailing twelve months price to earnings ratio of 45.4. Meaning, the purchaser of the share is investing $45.4 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 11.89%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.3%, now sitting on 2.55B for the twelve trailing months.
5. Meta Platforms (META)
14.8% sales growth and 35.37% return on equity
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California
Earnings Per Share
As for profitability, Meta Platforms has a trailing twelve months EPS of $14.86.
PE Ratio
Meta Platforms has a trailing twelve months price to earnings ratio of 34.45. Meaning, the purchaser of the share is investing $34.45 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 35.37%.
Previous days news about Meta Platforms(META)
- Zacks earnings trends highlights: Microsoft, Alphabet, Amazon, Apple, meta platforms, Tesla and NVIDIA. According to Zacks on Thursday, 15 August, "The ‘Magnificent 7’ stocks – Microsoft (MSFT Quick QuoteMSFT – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) , Amazon (AMZN Quick QuoteAMZN – Free Report) , Apple (AAPL Quick QuoteAAPL – Free Report) , Meta Platforms (META Quick QuoteMETA – Free Report) , Tesla (TSLA Quick QuoteTSLA – Free Report) and Nvidia (NVDA Quick QuoteNVDA – Free Report) - were in the spotlight in the recent market turmoil. "
- According to FXStreet on Thursday, 15 August, "The three largest holdings are Meta Platforms (NASDAQ:META), Apple (NASDAQ:AAPL), and UnitedHealth Group (NYSE:UNH). "
- According to Zacks on Friday, 16 August, "Nvidia ((NVDA Quick QuoteNVDA – Free Report) ), Meta Platforms ((META Quick QuoteMETA – Free Report) ) and Amazon ((AMZN Quick QuoteAMZN – Free Report) ) have seen the fastest gains since the lows, leading me to believe they may continue to lead the Mag 7 and the broad market.", "Earnings per share (EPS) are projected to grow 37.6% annually at Nvidia, 27.4% annually at Amazon and 19% annually at Meta Platforms over the next three to five years. "
- Zacks investment ideas feature highlights: NVIDIA, meta platforms and applovin. According to Zacks on Thursday, 15 August, "Nvidia, Meta Platforms and AppLovin have been some of the best performing stocks in the last year and based on their Zacks Ranks, growth forecasts and valuations remain unambiguously attractive.", "Chicago, IL - August 15, 2024 - Today, Zacks Investment Ideas feature highlights Nvidia (NVDA Quick QuoteNVDA – Free Report) , Meta Platforms (META Quick QuoteMETA – Free Report) and AppLovin (APP Quick QuoteAPP – Free Report) ."
6. Meta Platforms (META)
14.8% sales growth and 35.37% return on equity
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California
Earnings Per Share
As for profitability, Meta Platforms has a trailing twelve months EPS of $14.86.
PE Ratio
Meta Platforms has a trailing twelve months price to earnings ratio of 34.45. Meaning, the purchaser of the share is investing $34.45 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 35.37%.
Previous days news about Meta Platforms(META)
- According to FXStreet on Thursday, 15 August, "The three largest holdings are Meta Platforms (NASDAQ:META), Apple (NASDAQ:AAPL), and UnitedHealth Group (NYSE:UNH). "
- According to Zacks on Friday, 16 August, "Although the economic environment and earnings growth for companies like Nvidia, Amazon, and Meta Platforms remain favorable, markets don’t move in a straight line. ", "So, we covered why investors can be confident that the broad market should hold up, but what about Nvidia, Amazon and Meta Platforms are still so appealing as investments? "
- According to Zacks on Thursday, 15 August, "VUZI operates in a highly competitive market space that consists of big players like Microsoft (MSFT Quick QuoteMSFT – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) , Epson and Meta Platforms (META Quick QuoteMETA – Free Report) . "
7. First Industrial Realty Trust (FR)
9.8% sales growth and 11.15% return on equity
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.
Earnings Per Share
As for profitability, First Industrial Realty Trust has a trailing twelve months EPS of $2.13.
PE Ratio
First Industrial Realty Trust has a trailing twelve months price to earnings ratio of 24.55. Meaning, the purchaser of the share is investing $24.55 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 11.15%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 30, 2024, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 2.83%.
8. Bank OZK (OZK)
8.3% sales growth and 13.74% return on equity
Bank OZK provides various retail and commercial banking services. The company accepts various deposit products, including non-interest-bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. It also offers real estate, consumer and business purpose, indirect recreational vehicle and marine, commercial and industrial, government guaranteed, agricultural equipment, small business, lines of credit, homebuilder, and affordable housing loans; business aviation and subscription financing services; and mortgage and other lending products. In addition, the company provides trust and wealth services, such as personal trusts, custodial accounts, investment management accounts, and retirement accounts, as well as corporate trust services, including trustee, paying agent and registered transfer agent services, and other related services. Further, it offers treasury management services comprising automated clearing house, wire transfer, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, reconciliation, positive pay, merchant and commercial card, and other services, as well as zero balance and investment sweep accounts. Additionally, the company provides ATMs; telephone, online, and mobile banking services; debit and credit cards; safe deposit boxes; and other products and services, as well as processes merchant debit and credit card transactions. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.
Earnings Per Share
As for profitability, Bank OZK has a trailing twelve months EPS of $5.97.
PE Ratio
Bank OZK has a trailing twelve months price to earnings ratio of 7.23. Meaning, the purchaser of the share is investing $7.23 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 13.74%.
Moving Average
Bank OZK’s value is above its 50-day moving average of $42.18 and below its 200-day moving average of $43.62.
Sales Growth
Bank OZK’s sales growth for the next quarter is 8.3%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.7%, now sitting on 1.42B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 12, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 3.71%.
