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First Citizens BancShares And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – First Citizens BancShares (FCNCA), Enphase Energy (ENPH), The ONE Group Hospitality (STKS) 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 Citizens BancShares (FCNCA)

105.7% sales growth and 69.46% return on equity

First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts. Its loan product portfolio comprises commercial construction and mortgage; and commercial and industrial leases, as well as small business administration paycheck protection program loans. In addition, the company offers consumer loans, such as residential and revolving mortgage, construction and land development, consumer auto, and other consumer loans. Further, it provides wealth management services, including annuities, discount brokerage services, and third-party mutual funds, as well as investment management and advisory services. The company provides its products and services through its branch network. First Citizens BancShares, Inc. was founded in 1898 and is headquartered in Raleigh, North Carolina.

Earnings Per Share

As for profitability, First Citizens BancShares has a trailing twelve months EPS of $704.31.

PE Ratio

First Citizens BancShares has a trailing twelve months price to earnings ratio of 1.81. Meaning, the purchaser of the share is investing $1.81 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 69.46%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 29, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 0.24%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 176.2% and 106%, respectively.

Yearly Top and Bottom Value

First Citizens BancShares’s stock is valued at $1,273.15 at 01:22 EST, under its 52-week high of $1,345.44 and way above its 52-week low of $505.84.

2. Enphase Energy (ENPH)

27% sales growth and 75.69% return on equity

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten monitoring service; storage solutions; and electric vehicle charging solutions; and design, proposal, permitting, and lead generation services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.

Earnings Per Share

As for profitability, Enphase Energy has a trailing twelve months EPS of $3.44.

PE Ratio

Enphase Energy has a trailing twelve months price to earnings ratio of 48.02. Meaning, the purchaser of the share is investing $48.02 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 75.69%.

Volume

Today’s last reported volume for Enphase Energy is 2687320 which is 32.01% below its average volume of 3952570.

3. The ONE Group Hospitality (STKS)

19.1% sales growth and 18.03% return on equity

The ONE Group Hospitality, Inc., a hospitality company, develops, owns, operates, manages, and licenses restaurants and lounges worldwide. It operates through STK, Kona Grill, and ONE Hospitality segments. The company also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations. Its hospitality food and beverage solutions include developing, managing, and operating restaurants, bars, rooftops, pools, banqueting, catering, private dining rooms, room service, and mini bars; and offers hospitality advisory and consulting services. The company operates restaurants primarily under the STK and Kona Grill brands. As of December 31, 2021, it owned, operated, managed, or licensed 60 venues, including 23 STKs and 24 Kona Grills in North America, Europe, and the Middle East, as well as 13 F&B venues in seven hotels and casinos in the United States and Europe. The ONE Group Hospitality, Inc. was founded in 2004 and is headquartered in Denver, Colorado.

Earnings Per Share

As for profitability, The ONE Group Hospitality has a trailing twelve months EPS of $0.38.

PE Ratio

The ONE Group Hospitality has a trailing twelve months price to earnings ratio of 19.42. Meaning, the purchaser of the share is investing $19.42 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 18.03%.

4. Mitek Systems (MITK)

16.3% sales growth and 3.69% return on equity

Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and browsers to facilitate online user experiences, fraud detection and reduction, and compliant transactions. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications. The company also provides Mobile Fill, an application to prefill forms with user data by snapping a picture of the driver license or other similar identity documents; Mobile Docs, a mobile document scanning solution; and MiSnap, an image capture technology. In addition, it offers CheckReader that enables financial institutions to automatically extract data from checks; XE, a recurrent neural network engine; and ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents. The company sells its solutions primarily to banks, credit unions, lenders, payments processers, card issuers, fintech companies, and others through direct sales teams and channel partners. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California.

Earnings Per Share

As for profitability, Mitek Systems has a trailing twelve months EPS of $0.15.

PE Ratio

Mitek Systems has a trailing twelve months price to earnings ratio of 65.6. Meaning, the purchaser of the share is investing $65.6 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 3.69%.

Moving Average

Mitek Systems’s value is higher than its 50-day moving average of $9.28 and below its 200-day moving average of $9.92.

Sales Growth

Mitek Systems’s sales growth is 15.4% for the present quarter and 16.3% for the next.

Yearly Top and Bottom Value

Mitek Systems’s stock is valued at $9.84 at 01:22 EST, way below its 52-week high of $11.95 and way higher than its 52-week low of $8.32.

5. Magellan Midstream Partners L.P. Limited Partnership (MMP)

14.4% sales growth and 55.74% return on equity

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates through Refined Products, Crude Oil, and Marine Storage segments. It operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent refiners and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, bio-fuel producers, and regional farm cooperatives; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. The company also owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide distribution, storage, blending, inventory management, and additive injection services for refiners, marketers, traders, and other end users of petroleum products. As of December 31, 2019, it had 9,800-mile refined products pipeline system with 53 terminals, as well as 25 independent terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 35 million barrels; and 6 marine terminals with an aggregate storage capacity of approximately 31 million barrels. Magellan Midstream Partners, L.P. was founded in 2000 and is headquartered in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, Magellan Midstream Partners L.P. Limited Partnership has a trailing twelve months EPS of $4.68.

PE Ratio

Magellan Midstream Partners L.P. Limited Partnership has a trailing twelve months price to earnings ratio of 13.38. Meaning, the purchaser of the share is investing $13.38 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 55.74%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 32.9% and a negative 21.4%, respectively.

Moving Average

Magellan Midstream Partners L.P. Limited Partnership’s value is way higher than its 50-day moving average of $55.14 and way higher than its 200-day moving average of $52.36.

6. H&E Equipment Services (HEES)

14% sales growth and 39.31% return on equity

H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis through a fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment sells used equipment through retail sales force primarily from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional in-house retail sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment serves its rental fleet and equipment owned customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of hi-lift or aerial work platforms, cranes, earthmoving and material handling equipment, and others. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of December 31, 2021, the company had a network of 102 service facilities in the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.

Earnings Per Share

As for profitability, H&E Equipment Services has a trailing twelve months EPS of $3.96.

PE Ratio

H&E Equipment Services has a trailing twelve months price to earnings ratio of 9.55. Meaning, the purchaser of the share is investing $9.55 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 39.31%.

Sales Growth

H&E Equipment Services’s sales growth is 17% for the current quarter and 14% for the next.

Moving Average

H&E Equipment Services’s worth is below its 50-day moving average of $39.62 and under its 200-day moving average of $40.58.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 23, 2023, the estimated forward annual dividend rate is 1.1 and the estimated forward annual dividend yield is 2.97%.

7. Wabash National Corporation (WNC)

12.3% sales growth and 39.64% return on equity

Wabash National Corporation designs, manufactures, and distributes engineered solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment provides dry van and platform trailers; refrigerated trailers; converter dollies; van bodies for dry-freight transportation; cutaway van bodies for commercial applications; service bodies; insulated van bodies; stake bodies; refrigerated truck bodies; and used trailers, as well as laminated hardwood oak flooring products. This segment also offers stainless steel and aluminum tank trailers for the dairy, food and beverage, oil, gas, and chemical end markets; dry bulk trailers; and fiberglass reinforced poly tank trailers. The Parts & Services segment provides aftermarket parts and services; aluminum and steel flatbed bodies, shelving for package delivery, partitions, roof racks, hitches, liftgates, and thermal solutions; and door repair and replacement, collision repair, and basic maintenance services. This segment also offers stainless steel storage tanks and silos, mixers, and processors for the dairy, food and beverage, pharmaceutical, chemical, craft brewing, and biotech end markets; and composite products, including truck bodies, overhead doors, and other industrial application products. The company offers its products under the Wabash, DuraPlate, DuraPlateHD, DuraPlate AeroSkirt, and AeroSkirt CX brands, as well as EcoNex brand. It distributes its products directly, as well as through its retail operations and independent dealers to truckload common carriers, leasing companies, private fleet carriers, less-than-truckload common carriers, and package carriers. The company was founded in 1985 and is headquartered in Lafayette, Indiana.

Earnings Per Share

As for profitability, Wabash National Corporation has a trailing twelve months EPS of $3.08.

PE Ratio

Wabash National Corporation has a trailing twelve months price to earnings ratio of 8.02. Meaning, the purchaser of the share is investing $8.02 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 39.64%.

8. Telefonica Brasil, S.A. ADS (VIV)

6.1% sales growth and 5.96% return on equity

Telefônica Brasil S.A., together with its subsidiaries, provides mobile and fixed telecommunications services to residential and corporate customers in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G as well as mobile value-added services and wireless roaming services. The company also offers data services, including broadband and mobile data services. In addition, it provides pay TV services through direct to home satellite technology, IPTV, and cable, as well as pay-per-view and video on demand services; network services, such as rental of facilities; other services comprising internet access, private network connectivity, computer equipment leasing, extended service, caller identification, voice mail, cellular blocker, and others; wholesale services, including interconnection services to users of other network providers; and digital services, such as entertainment, cloud, and security and financial services. Further, the company offers multimedia communication services, which include audio, data, voice and other sounds, images, texts, and other information, as well as sells devices, such as smartphones, broadband USB modems, and other devices. Additionally, it provides telecommunications solutions and IT support to various industries, such as retail, manufacturing, services, financial institutions, government, etc. It markets and sells its solutions through own stores, dealers, retail and distribution channels, door-to-door sales, and outbound tele sales. The company was formerly known as Telecomunicações de São Paulo S.A. – TELESP and changed its name to Telefônica Brasil S.A. in October 2011. The company was incorporated in 1998 and is headquartered in São Paulo, Brazil.

Earnings Per Share

As for profitability, Telefonica Brasil, S.A. ADS has a trailing twelve months EPS of $0.49.

PE Ratio

Telefonica Brasil, S.A. ADS has a trailing twelve months price to earnings ratio of 17. Meaning, the purchaser of the share is investing $17 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 5.96%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Telefonica Brasil, S.A. ADS’s EBITDA is 2.81.

Moving Average

Telefonica Brasil, S.A. ADS’s value is higher than its 50-day moving average of $7.91 and above its 200-day moving average of $7.76.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 13, 2023, the estimated forward annual dividend rate is 0.34 and the estimated forward annual dividend yield is 4.1%.

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