(VIANEWS) – Hannon Armstrong Sustainable Infrastructure Capital (HASI), Palomar Holdings (PLMR), Myers Industries (MYE) 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. Hannon Armstrong Sustainable Infrastructure Capital (HASI)
36.7% sales growth and 12.24% return on equity
Hannon Armstrong Sustainable Infrastructure Capital, Inc. provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include building or facility that reduce energy usage or cost through the use of solar generation and energy storage or energy efficiency improvements, including heating, ventilation, and air conditioning systems (HVAC), as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems. It also focuses in the areas of grid connected projects that deploy cleaner energy sources, such as solar and wind to generate power; and other sustainable infrastructure projects, including upgraded transmission or distribution systems, water and storm water infrastructures, and other projects. The company qualifies as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1981 and is headquartered in Annapolis, Maryland.
Earnings Per Share
As for profitability, Hannon Armstrong Sustainable Infrastructure Capital has a trailing twelve months EPS of $2.25.
PE Ratio
Hannon Armstrong Sustainable Infrastructure Capital has a trailing twelve months price to earnings ratio of 15.32. Meaning, the purchaser of the share is investing $15.32 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 12.24%.
Moving Average
Hannon Armstrong Sustainable Infrastructure Capital’s worth is higher than its 50-day moving average of $32.62 and way above its 200-day moving average of $28.81.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 154.51M for the twelve trailing months.
Sales Growth
Hannon Armstrong Sustainable Infrastructure Capital’s sales growth is 47.2% for the present quarter and 36.7% for the next.
2. Palomar Holdings (PLMR)
21.9% sales growth and 20.38% return on equity
Other players in the insurance industry are Heritage Insurance (HRTG Quick QuoteHRTG – Free Report) , Palomar Holdings (PLMR Quick QuotePLMR – Free Report) and CNO Financial Group (CNO Quick QuoteCNO – Free Report) .
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 $3.8.
PE Ratio
Palomar Holdings has a trailing twelve months price to earnings ratio of 25.07. Meaning, the purchaser of the share is investing $25.07 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 20.38%.
Yearly Top and Bottom Value
Palomar Holdings’s stock is valued at $95.27 at 16:22 EST, below its 52-week high of $100.29 and way above its 52-week low of $48.08.
Moving Average
Palomar Holdings’s value is higher than its 50-day moving average of $93.82 and way higher than its 200-day moving average of $79.22.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 13% and 23.4%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 45%, now sitting on 445.93M for the twelve trailing months.
3. Myers Industries (MYE)
12.8% sales growth and 13.73% return on equity
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy Manufacturing, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.
Earnings Per Share
As for profitability, Myers Industries has a trailing twelve months EPS of $1.05.
PE Ratio
Myers Industries has a trailing twelve months price to earnings ratio of 12.83. Meaning, the purchaser of the share is investing $12.83 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 13.73%.
Volume
Today’s last reported volume for Myers Industries is 150048 which is 32.47% below its average volume of 222201.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2024, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 4.01%.
Sales Growth
Myers Industries’s sales growth for the next quarter is 12.8%.
Moving Average
Myers Industries’s worth is below its 50-day moving average of $14.25 and way under its 200-day moving average of $17.44.
4. Tetra Tech (TTEK)
11.2% sales growth and 18.66% return on equity
Tetra Tech, Inc. provides consulting and engineering services worldwide. The company operates through Government Services Group (GSG) and Commercial/International Services Group (CIG) segments. The GSG segment offers early data collection and monitoring, data analysis and information technology, science and engineering applied research, engineering design, construction management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services. This segment serves federal, state, and local governments, and development agencies in water resources analysis and water management, environmental monitoring, data analytics, government consulting, waste management, and a range of civil infrastructure master planning and engineering design markets. The CIG segment provides early data collection and monitoring, data analysis and information management, feasibility studies and assessments, science and engineering applied research, engineering design, construction management, and operations and maintenance services. This segment serves natural resources, energy, and utilities markets, as well as civil infrastructure master planning and engineering design markets. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California.
Earnings Per Share
As for profitability, Tetra Tech has a trailing twelve months EPS of $1.08.
PE Ratio
Tetra Tech has a trailing twelve months price to earnings ratio of 45.83. Meaning, the purchaser of the share is investing $45.83 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 18.66%.
5. RadNet (RDNT)
10.3% sales growth and 4.58% return on equity
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems for the diagnostic imaging industry, including picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretation of images in the field of mammography, as well as AI solutions for lung and prostate cancer. As of December 31, 2021, it owned and managed 347 centers in Arizona, California, Delaware, Florida, Maryland, New Jersey, and New York. The company was founded in 1981 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, RadNet has a trailing twelve months EPS of $0.18.
PE Ratio
RadNet has a trailing twelve months price to earnings ratio of 374.33. Meaning, the purchaser of the share is investing $374.33 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 4.58%.
Volume
Today’s last reported volume for RadNet is 299596 which is 49.36% below its average volume of 591676.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 14.3% and 5%, respectively.
Moving Average
RadNet’s value is above its 50-day moving average of $64.49 and way higher than its 200-day moving average of $52.67.
Previous days news about RadNet(RDNT)
- According to Zacks on Wednesday, 9 October, "Some other top-ranked stocks in the broader medical space are Rockwell Medical (RMTI Quick QuoteRMTI – Free Report) , Quest Diagnostics(DGX Quick QuoteDGX – Free Report) and RadNet (RDNT Quick QuoteRDNT – Free Report) . ", "While Rockwell Medical carries a Zacks Rank #1 (Strong Buy), Quest Diagnosticsand RadNet carry a Zacks Rank #2 each at present. "
- According to Zacks on Wednesday, 9 October, "Some other top-ranked stocks in the broader medical space are Rockwell Medical(RMTI Quick QuoteRMTI – Free Report) , Quest Diagnostics(DGX Quick QuoteDGX – Free Report) ),and RadNet (RDNT Quick QuoteRDNT – Free Report) . ", "While Rockwell Medical carries a Zacks Rank #1 (Strong Buy), Quest Diagnosticsand RadNet carry a Zacks Rank #2 each at present. "
- 3 reasons growth investors will love radnet (rdnt). According to Zacks on Wednesday, 9 October, "While the historical EPS growth rate for RadNet is 11.3%, investors should actually focus on the projected growth. ", "Right now, year-over-year cash flow growth for RadNet is 13.2%, which is higher than many of its peers. "
6. Sprouts Farmers Market (SFM)
9.5% sales growth and 27.7% return on equity
Sprouts Farmers Market, Inc. offers fresh, natural, and organic food products in the United States. The company offers perishable product categories, including fresh produce, meat, seafood, deli, bakery, floral and dairy, and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. As of January 2, 2022, it operated 374 stores in 23 states. Sprouts Farmers Market, Inc. was founded in 2002 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Sprouts Farmers Market has a trailing twelve months EPS of $3.18.
PE Ratio
Sprouts Farmers Market has a trailing twelve months price to earnings ratio of 36.2. Meaning, the purchaser of the share is investing $36.2 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 27.7%.
Yearly Top and Bottom Value
Sprouts Farmers Market’s stock is valued at $115.11 at 16:22 EST, below its 52-week high of $115.99 and way above its 52-week low of $39.76.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.9%, now sitting on 7.19B for the twelve trailing months.
Sales Growth
Sprouts Farmers Market’s sales growth is 9.3% for the ongoing quarter and 9.5% for the next.
7. Ship Finance International Limited (SFL)
8.7% sales growth and 12.13% return on equity
SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, chemical transportation, oil products transportation, container transportation, car transportation, and drilling rigs. As of December 31, 2023, the company owned seven crude oil carriers, six oil product tankers, 15 dry bulk carriers, 32 container vessels, one jack-up drilling rig, one ultra-deepwater drilling rig, and five car carriers. It primarily operates in Bermuda, Canada, Cyprus, Liberia, Namibia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. SFL Corporation Ltd. was founded in 2003 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Ship Finance International Limited has a trailing twelve months EPS of $1.
PE Ratio
Ship Finance International Limited has a trailing twelve months price to earnings ratio of 11.76. Meaning, the purchaser of the share is investing $11.76 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 12.13%.
8. Essent Group Ltd. (ESNT)
6.3% sales growth and 14.61% return on equity
Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; underwriting consulting; and contract underwriting services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. The company was founded in 2008 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Essent Group Ltd. has a trailing twelve months EPS of $6.91.
PE Ratio
Essent Group Ltd. has a trailing twelve months price to earnings ratio of 9.26. Meaning, the purchaser of the share is investing $9.26 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 14.61%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 3.6% and 4.3%, respectively.
Sales Growth
Essent Group Ltd.’s sales growth for the next quarter is 6.3%.
