(VIANEWS) – HCI Group (HCI), EQT Corporation (EQT), New Residential Investment (NRZ) 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. HCI Group (HCI)
66.8% sales growth and 26.32% return on equity
HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in Florida. It provides residential insurance products, such as homeowners, fire, flood, and wind-only insurance to homeowners, condominium owners, and tenants for properties, as well as offers reinsurance programs. The company also owns and operates waterfront properties and retail shopping centers, and an office building, as well as commercial properties for investment purposes. In addition, it designs and develops web-based applications and products for mobile devices, including SAMS, an online policy administration platform; Harmony, a policy administration platform; ClaimColony, an end-to-end claims management platform; and AtlasViewer, a mapping and data visualization platform. The company was formerly known as Homeowners Choice, Inc. and changed its name to HCI Group, Inc. in May 2013. HCI Group, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida.
Earnings Per Share
As for profitability, HCI Group has a trailing twelve months EPS of $7.62.
PE Ratio
HCI Group has a trailing twelve months price to earnings ratio of 14.89. Meaning, the purchaser of the share is investing $14.89 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 26.32%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 81.3% and 185.2%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 15, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 1.38%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 48%, now sitting on 550.67M for the twelve trailing months.
Previous days news about HCI Group(HCI)
- Is HCI group (hci) outperforming other finance stocks this year?. According to Zacks on Thursday, 11 April, "Breaking things down more, HCI Group is a member of the Insurance – Property and Casualty industry, which includes 40 individual companies and currently sits at #35 in the Zacks Industry Rank. "
2. EQT Corporation (EQT)
38.4% sales growth and 13.35% return on equity
EQT Corporation operates as a natural gas production company in the United States. As of December 31, 2021, it had 25.0 trillion cubic feet of proved natural gas, natural gas liquids, and crude oil reserves across approximately 2.0 million gross acres, including 1.7 million gross acres in the Marcellus play. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, EQT Corporation has a trailing twelve months EPS of $4.26.
PE Ratio
EQT Corporation has a trailing twelve months price to earnings ratio of 8.67. Meaning, the purchaser of the share is investing $8.67 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 13.35%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 16, 2024, the estimated forward annual dividend rate is 0.63 and the estimated forward annual dividend yield is 1.71%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
EQT Corporation’s EBITDA is 17.66.
Revenue Growth
Year-on-year quarterly revenue growth declined by 47.4%, now sitting on 4.97B for the twelve trailing months.
3. New Residential Investment (NRZ)
31.5% sales growth and 13.32% return on equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.32%.
Yearly Top and Bottom Value
New Residential Investment’s stock is valued at $0.00 at 11:22 EST, under its 52-week low of $8.18.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 19.4% and a drop 15.9% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 31, 2022, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 9.21%.
Moving Average
New Residential Investment’s value is below its 50-day moving average of $10.47 and below its 200-day moving average of $10.77.
4. Universal Display Corporation (OLED)
19.5% sales growth and 14.91% return on equity
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.
Earnings Per Share
As for profitability, Universal Display Corporation has a trailing twelve months EPS of $4.24.
PE Ratio
Universal Display Corporation has a trailing twelve months price to earnings ratio of 37.83. Meaning, the purchaser of the share is investing $37.83 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 14.91%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.3%, now sitting on 576.43M for the twelve trailing months.
Volume
Today’s last reported volume for Universal Display Corporation is 49469 which is 82.61% below its average volume of 284601.
Sales Growth
Universal Display Corporation’s sales growth is 15.5% for the present quarter and 19.5% for the next.
5. California Resources Corporation (CRC)
14.6% sales growth and 27.63% return on equity
California Resources Corporation operates as an independent oil and natural gas company committed to energy transition in the sector. It has carbon intensity production in the United States, as well as focuses on developing carbon capture and storage (CCS) and other emissions reducing projects. The company explores for, produces, gathers, processes, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It holds interests in approximately 2.1 million net mineral acres covering four oil and gas basins. As of December 31, 2020, the company had proved reserves of 442 million barrels of oil equivalent. It also engages in the generation and sale of electricity to the local utility, other third parties, and the grid. The company was incorporated in 2014 and is based in Santa Clarita, California.
Earnings Per Share
As for profitability, California Resources Corporation has a trailing twelve months EPS of $7.78.
PE Ratio
California Resources Corporation has a trailing twelve months price to earnings ratio of 6.9. Meaning, the purchaser of the share is investing $6.9 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 27.63%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
California Resources Corporation’s EBITDA is 11.73.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 76% and positive 43.4% for the next.
Volume
Today’s last reported volume for California Resources Corporation is 612652 which is 38.66% below its average volume of 998870.
Sales Growth
California Resources Corporation’s sales growth is negative 13.9% for the present quarter and 14.6% for the next.
6. FleetCor Technologies (FLT)
7.7% sales growth and 33.72% return on equity
FLEETCOR Technologies, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. It operates through Vehicle Payments, Corporate Payments, Lodging Payments, and Other segments. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services; as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. FLEETCOR Technologies, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, FleetCor Technologies has a trailing twelve months EPS of $13.21.
PE Ratio
FleetCor Technologies has a trailing twelve months price to earnings ratio of 22.96. Meaning, the purchaser of the share is investing $22.96 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 33.72%.
7. Bank OZK (OZK)
7.2% sales growth and 14.05% return on equity
Bank OZK provides various retail and commercial banking services. The company accepts various deposit products, including non-interest-bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. It also offers real estate, consumer and business purpose, indirect recreational vehicle and marine, commercial and industrial, government guaranteed, agricultural equipment, small business, lines of credit, homebuilder, and affordable housing loans; business aviation and subscription financing services; and mortgage and other lending products. In addition, the company provides trust and wealth services, such as personal trusts, custodial accounts, investment management accounts, and retirement accounts, as well as corporate trust services, including trustee, paying agent and registered transfer agent services, and other related services. Further, it offers treasury management services comprising automated clearing house, wire transfer, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, reconciliation, positive pay, merchant and commercial card, and other services, as well as zero balance and investment sweep accounts. Additionally, the company provides ATMs; telephone, online, and mobile banking services; debit and credit cards; safe deposit boxes; and other products and services, as well as processes merchant debit and credit card transactions. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.
Earnings Per Share
As for profitability, Bank OZK has a trailing twelve months EPS of $5.87.
PE Ratio
Bank OZK has a trailing twelve months price to earnings ratio of 7.74. Meaning, the purchaser of the share is investing $7.74 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 14.05%.
Moving Average
Bank OZK’s value is higher than its 50-day moving average of $43.96 and higher than its 200-day moving average of $42.17.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.6%, now sitting on 1.37B for the twelve trailing months.
Previous days news about Bank OZK(OZK)
- According to Zacks on Thursday, 11 April, "Over the last 30 days, the consensus EPS estimate for Bank OZK has been revised 1.7% down to the current level. ", "This Earnings ESP, combined with its Zacks Rank #4 (Sell), makes it difficult to conclusively predict that Bank OZK will beat the consensus EPS estimate. "
8. Novanta (NOVT)
5.4% sales growth and 11.65% return on equity
Novanta Inc., together with its subsidiaries, provides precision medicine and manufacturing, medical solutions, and robotics and automation solutions in the United States and internationally. The company operates through three segments: Precision Medicine and Manufacturing, Medical Solutions, and Robotics and Automation. The Precision Medicine and Manufacturing segment offers photonics-based solutions, including laser scanning, beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. The Robotics and Automation segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force and distributors under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, ATI Industrial Automation, Celera Motion, IMS, MicroE, Applimotion, Zettlex, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was incorporated in 1968 and is headquartered in Bedford, Massachusetts.
Earnings Per Share
As for profitability, Novanta has a trailing twelve months EPS of $2.03.
PE Ratio
Novanta has a trailing twelve months price to earnings ratio of 86.09. Meaning, the purchaser of the share is investing $86.09 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 11.65%.