Haynes International And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Haynes International (HAYN), Sanmina Corporation (SANM), Stantec (STN) 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. Haynes International (HAYN)

13.1% sales growth and 13.21% return on equity

Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, Asia, and internationally. The company offers high-temperature resistant alloys (HTA) and corrosion-resistant alloys (CRA). Its HTA products are used by manufacturers of equipment, including jet engines for the aerospace market; gas turbine engines for power generation; and industrial heating equipment. The company's CRA products are used in various applications, including chemical processing, power plant emissions control, and hazardous waste treatment. Its products also have applications in flue-gas desulfurization, oil and gas, waste incineration, industrial heat treating, automotive, sensors and instrumentation, biopharmaceuticals, solar, and nuclear fuel. In addition, the company produces products as seamless and welded tubulars, as well as in slab, bar, billet, and wire forms. It sells its products primarily through direct sales organizations, and network of independent distributors and sales agents. Haynes International, Inc. was founded in 1912 and is headquartered in Kokomo, Indiana.

Earnings Per Share

As for profitability, Haynes International has a trailing twelve months EPS of $3.52.

PE Ratio

Haynes International has a trailing twelve months price to earnings ratio of 13.61. Meaning, the purchaser of the share is investing $13.61 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 13.21%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Haynes International’s EBITDA is 1.54.

Volume

Today’s last reported volume for Haynes International is 74060 which is 11.9% below its average volume of 84072.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 27, 2023, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 1.74%.

Yearly Top and Bottom Value

Haynes International’s stock is valued at $47.91 at 16:22 EST, way below its 52-week high of $60.85 and way higher than its 52-week low of $29.00.

2. Sanmina Corporation (SANM)

10.5% sales growth and 14.25% return on equity

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems. In addition, the company provides interconnect systems, such as printed circuit board fabrication, backplane, cable assemblies, and plastic injection moldings; mechanical systems comprising enclosures and precision machining; memory, storage platforms, radio frequency, optical, and microelectronic solutions; defense and aerospace products; and cloud-based manufacturing execution software. It offers its products and services primarily to original equipment manufacturers in the industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions industries. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.

Earnings Per Share

As for profitability, Sanmina Corporation has a trailing twelve months EPS of $4.48.

PE Ratio

Sanmina Corporation has a trailing twelve months price to earnings ratio of 12.67. Meaning, the purchaser of the share is investing $12.67 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 14.25%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 36% and 19.2%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Sanmina Corporation’s EBITDA is 0.35.

3. Stantec (STN)

7% sales growth and 11.52% return on equity

Stantec Inc. provides e professional services in the areas of infrastructure and facilities to the public and private sectors clients in Canada, the United States, and internationally. The company provides consulting services in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics. It also offers planning and design consulting services to clients in residential, logistics, retail, infrastructure, energy, higher education, and urban regeneration sectors; architectural and interior design, and planning services in the science and technology, commercial workplace, higher education, residential, and hospitality markets. In addition, it provides transportation planning and engineering services; project delivery consultancy services for mining, resources, and industrial infrastructure projects; and paleontological and archaeological services for the rail, transportation, water, and power and energy sectors. Further, the company offers environmental and cultural resource compliance services, as well as serves science and technology, commercial workplace, higher education, residential, and hospitality markets. Additionally, it is involved in the design, development, and delivery of sustainable projects; and design, construction administration, commissioning, maintenance, decommissioning, and remediation activities. The company was formerly known as Stanley Technology Group Inc. and changed its name to Stantec Inc. in October 1998. Stantec Inc. was founded in 1954 and is headquartered in Edmonton, Canada.

Earnings Per Share

As for profitability, Stantec has a trailing twelve months EPS of $1.62.

PE Ratio

Stantec has a trailing twelve months price to earnings ratio of 36.03. Meaning, the purchaser of the share is investing $36.03 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 11.52%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 0.58 and the estimated forward annual dividend yield is 1.02%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 23.4%, now sitting on 4.46B for the twelve trailing months.

Moving Average

Stantec’s worth is above its 50-day moving average of $54.99 and way above its 200-day moving average of $49.35.

Previous days news about Stantec(STN)

  • According to Business Insider on Thursday, 30 March, "As to how to move the needle on improving water utilization, Stantec Consulting Services Taiwan country manager Jason Huang spoke about six initiatives to ensure the resilience and sustainability of urban water projects, including developing a circular system, boosting resilience through water reclamation and recovery, coexisting with water, maintaining water safety in food production, applying smart technology solutions to challenges related to water, and facilitating access to water for all."

4. Simmons First National Corporation (SFNC)

6.6% sales growth and 7.87% return on equity

Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. It offers checking, savings, and time deposits; consumer, real estate, and commercial loans; agricultural finance, equipment, and small business administration lending; trust and fiduciary services; credit cards; investment management products; insurance products; and securities and investment services. The company also provides ATM services; Internet and mobile banking platforms; overdraft facilities; and safe deposit boxes. As of January 27, 2022, the company operated through 199 financial centers in Arkansas, Missouri, Tennessee, Texas, Oklahoma, and Kansas. Simmons First National Corporation was founded in 1903 and is headquartered in Pine Bluff, Arkansas.

Earnings Per Share

As for profitability, Simmons First National Corporation has a trailing twelve months EPS of $1.98.

PE Ratio

Simmons First National Corporation has a trailing twelve months price to earnings ratio of 9.14. Meaning, the purchaser of the share is investing $9.14 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 7.87%.

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