Gentex Corporation And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Gentex Corporation (GNTX), First Busey Corporation (BUSE), Deckers Outdoor Corporation (DECK) 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. Gentex Corporation (GNTX)

18.9% sales growth and 16.44% 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 $1.51.

PE Ratio

Gentex Corporation has a trailing twelve months price to earnings ratio of 18.83. Meaning,
the purchaser of the share is investing $18.83 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 16.44%.

Volume

Today’s last reported volume for Gentex Corporation is 730924 which is 26.84% below its average volume of 999119.

Yearly Top and Bottom Value

Gentex Corporation’s stock is valued at $28.37 at 15:22 EST, way below its 52-week high of $33.78 and way above its 52-week low of $23.28.

Moving Average

Gentex Corporation’s worth is higher than its 50-day moving average of $27.90 and higher than its 200-day moving average of $27.77.

2. First Busey Corporation (BUSE)

12.9% sales growth and 10.41% 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 $2.29.

PE Ratio

First Busey Corporation has a trailing twelve months price to earnings ratio of 10.87. Meaning,
the purchaser of the share is investing $10.87 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 10.41%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 18, 2023, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 3.88%.

3. Deckers Outdoor Corporation (DECK)

5.9% sales growth and 30.08% return on equity

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities. The company offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and relaxed casual shoes and sandals under the Sanuk brand name. It also provides footwear and apparel for ultra-runners and athletes under the Hoka brand name; and fashion casual footwear using sheepskin and other plush materials under the Koolaburra brand. The company sells its products through department stores, domestic independent action sports and outdoor specialty footwear retailers, and larger national retail chains, as well as online retailers. It also sells its products directly to consumers through its retail stores and e-commerce Websites, as well as distributes its products through distributors and retailers in the United States, Europe, the Asia-Pacific, Canada, Latin America, and internationally. As of March 31, 2021, it had 140 retail stores, including 71 concept stores and 69 outlet stores worldwide. The company was founded in 1973 and is headquartered in Goleta, California.

Earnings Per Share

As for profitability, Deckers Outdoor Corporation has a trailing twelve months EPS of $16.56.

PE Ratio

Deckers Outdoor Corporation has a trailing twelve months price to earnings ratio of 25.78. Meaning,
the purchaser of the share is investing $25.78 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 30.08%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 21.3%, now sitting on 3.41B for the twelve trailing months.

Yearly Top and Bottom Value

Deckers Outdoor Corporation’s stock is valued at $426.99 at 15:22 EST, below its 52-week high of $430.51 and way above its 52-week low of $212.93.

4. Gladstone Investment Corporation (GAIN)

5.6% sales growth and 9.55% return on equity

Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with revenue between $20 million and $100 million. The fund invests in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.

Earnings Per Share

As for profitability, Gladstone Investment Corporation has a trailing twelve months EPS of $1.26.

PE Ratio

Gladstone Investment Corporation has a trailing twelve months price to earnings ratio of 10.64. Meaning,
the purchaser of the share is investing $10.64 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%.

Yearly Top and Bottom Value

Gladstone Investment Corporation’s stock is valued at $13.41 at 15:22 EST, way under its 52-week high of $16.85 and way above its 52-week low of $11.40.

Sales Growth

Gladstone Investment Corporation’s sales growth is 19.4% for the present quarter and 5.6% for the next.

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