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

(VIANEWS) – First Citizens BancShares (FCNCA), SSR Mining (SSRM), Apollo Medical Holdings (AMEH) 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)

87.9% sales growth and 70.84% 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 $735.48.

PE Ratio

First Citizens BancShares has a trailing twelve months price to earnings ratio of 1.84. Meaning, the purchaser of the share is investing $1.84 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 70.84%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 29, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 0.23%.

Moving Average

First Citizens BancShares’s value is below its 50-day moving average of $1,381.66 and way higher than its 200-day moving average of $1,041.59.

2. SSR Mining (SSRM)

45.2% sales growth and 4.99% return on equity

SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan, Turkey; the Marigold mine located in Humboldt County, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina. The company was formerly known as Silver Standard Resources Inc. and changed its name to SSR Mining Inc. in August 2017. SSR Mining Inc. was incorporated in 1946 and is based in Denver, Colorado.

Earnings Per Share

As for profitability, SSR Mining has a trailing twelve months EPS of $0.81.

PE Ratio

SSR Mining has a trailing twelve months price to earnings ratio of 18.44. Meaning, the purchaser of the share is investing $18.44 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 4.99%.

Moving Average

SSR Mining’s value is higher than its 50-day moving average of $14.61 and below its 200-day moving average of $15.05.

Yearly Top and Bottom Value

SSR Mining’s stock is valued at $14.94 at 11:22 EST, way under its 52-week high of $17.74 and way higher than its 52-week low of $12.78.

3. Apollo Medical Holdings (AMEH)

19.8% sales growth and 9.55% return on equity

Apollo Medical Holdings, Inc., a physician-centric technology-powered healthcare management company, provides medical care services. The company is leveraging its proprietary population health management and healthcare delivery platform, operates an integrated, value-based healthcare model which empowers the providers in its network to deliver care to its patients. It offers care coordination services to patients, families, primary care physicians, specialists, acute care hospitals, alternative sites of inpatient care, physician groups, and health plans. The company's physician network consists of primary care physicians, specialist physicians, and hospitalists. It serves patients, primarily covered by private or public insurance, such as Medicare, Medicaid, and health maintenance organization plans; and non-insured patients in California. The company was founded in 1994 and is headquartered in Alhambra, California.

Earnings Per Share

As for profitability, Apollo Medical Holdings has a trailing twelve months EPS of $1.03.

PE Ratio

Apollo Medical Holdings has a trailing twelve months price to earnings ratio of 30.33. Meaning, the purchaser of the share is investing $30.33 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 9.55%.

Moving Average

Apollo Medical Holdings’s worth is way below its 50-day moving average of $35.43 and below its 200-day moving average of $34.15.

Sales Growth

Apollo Medical Holdings’s sales growth is 10.4% for the ongoing quarter and 19.8% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 41.1% and positive 600% for the next.

4. United Rentals (URI)

11.3% sales growth and 33.98% return on equity

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The specialty segment rents specialty construction products, including trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. It also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. The company sells used equipment through its sales force, brokers, website, at auctions, and directly to manufacturers. The company operates a network of 1,521 rental locations in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.

Earnings Per Share

As for profitability, United Rentals has a trailing twelve months EPS of $32.77.

PE Ratio

United Rentals has a trailing twelve months price to earnings ratio of 13.74. Meaning, the purchaser of the share is investing $13.74 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 33.98%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 7, 2023, the estimated forward annual dividend rate is 5.92 and the estimated forward annual dividend yield is 1.33%.

5. Euronet Worldwide (EEFT)

10.3% sales growth and 22.6% return on equity

Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, agents, retailers, merchants, content providers, and individual consumers worldwide. The company's Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services. It also offers ATM and POS currency conversion, ATM surcharge, advertising, customer relationship management, mobile top-up, bill payment, fraud management, foreign remittance and cardless payout, banknote recycling, and tax-refund services; and integrated electronic financial transaction software solutions, as well as delivers non-cash products. This segment operates a network of 42,713 ATMs and approximately 438,000 POS terminals. Its epay segment distributes and processed prepaid mobile airtime and other electronic payment products; and provides payment processing services for various prepaid products, cards, and services, as well as vouchers and physical gift fulfillment, and gift card distribution and processing services. This segment operates a network of approximately 775,000 POS terminals. The company's Money Transfer segment offers consumer-to-consumer and account-to-account money transfer, customers bill payment, check cashing, foreign currency exchange, mobile top-up, and cash management and foreign currency risk management services, as well as payment alternatives, such as money orders and prepaid debit cards. This segment operates a network of approximately 510,000 money transfer locations. The company was formerly known as Euronet Services, Inc. and changed its name to Euronet Worldwide, Inc. in August 2001. Euronet Worldwide, Inc. was founded in 1994 and is headquartered in Leawood, Kansas.

Earnings Per Share

As for profitability, Euronet Worldwide has a trailing twelve months EPS of $5.17.

PE Ratio

Euronet Worldwide has a trailing twelve months price to earnings ratio of 16.03. Meaning, the purchaser of the share is investing $16.03 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 22.6%.

Yearly Top and Bottom Value

Euronet Worldwide’s stock is valued at $82.85 at 11:22 EST, way under its 52-week high of $121.55 and way above its 52-week low of $71.60.

Volume

Today’s last reported volume for Euronet Worldwide is 367118 which is 24.45% below its average volume of 485938.

6. Axcelis Technologies (ACLS)

9.8% sales growth and 31.04% return on equity

Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia. The company offers high energy, high current, and medium current implanters for various application requirements. It also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. It sells its equipment and services to semiconductor chip manufacturers through its direct sales force. The company was founded in 1978 and is headquartered in Beverly, Massachusetts.

Earnings Per Share

As for profitability, Axcelis Technologies has a trailing twelve months EPS of $6.23.

PE Ratio

Axcelis Technologies has a trailing twelve months price to earnings ratio of 28.97. Meaning, the purchaser of the share is investing $28.97 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 31.04%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 43% and 16.4%, respectively.

Sales Growth

Axcelis Technologies’s sales growth is 24.9% for the ongoing quarter and 9.8% for the next.

Moving Average

Axcelis Technologies’s worth is above its 50-day moving average of $179.14 and way above its 200-day moving average of $134.75.

7. Ingredion Incorporated (INGR)

6.7% sales growth and 17.47% return on equity

Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. It operates through four segments: North America; South America; Asia Pacific; and Europe, Middle East, and Africa. The company offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins, glucose and syrup solids, as well as food-grade and industrial starches, biomaterials, and nutrition ingredients. It also provides animal feed products; edible corn oil; refined corn oil to packers of cooking oil and to producers of margarine, salad dressings, shortening, mayonnaise, and other foods; and corn gluten feed used as protein feed for chickens, pet food, and aquaculture. The company's products are derived primarily from processing corn and other starch-based materials, such as tapioca, potato, and rice. It serves food, beverage, paper and corrugating products, brewing, pharmaceutical, textile, and personal care industries, as well as animal feed markets. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.

Earnings Per Share

As for profitability, Ingredion Incorporated has a trailing twelve months EPS of $8.57.

PE Ratio

Ingredion Incorporated has a trailing twelve months price to earnings ratio of 11.98. Meaning, the purchaser of the share is investing $11.98 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 17.47%.

Yearly Top and Bottom Value

Ingredion Incorporated’s stock is valued at $102.65 at 11:22 EST, under its 52-week high of $113.46 and way higher than its 52-week low of $78.81.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.2%, now sitting on 8.22B for the twelve trailing months.

8. ASML Holding (ASML)

5.4% sales growth and 68.44% return on equity

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to assess the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and lithography process and control software solutions; and refurbishes and upgrades older lithography systems, as well as offers customer support and associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.

Earnings Per Share

As for profitability, ASML Holding has a trailing twelve months EPS of $20.02.

PE Ratio

ASML Holding has a trailing twelve months price to earnings ratio of 29.63. Meaning, the purchaser of the share is investing $29.63 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 68.44%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 27.1%, now sitting on 25.86B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 1% and 4.7%, respectively.

Yearly Top and Bottom Value

ASML Holding’s stock is valued at $593.14 at 11:22 EST, way under its 52-week high of $771.98 and way higher than its 52-week low of $363.15.

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