Heico Corporation And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Heico Corporation (HEI), NL Industries (NL), Ingredion Incorporated (INGR) 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. Heico Corporation (HEI)

20.8% sales growth and 14.14% return on equity

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio frequency (RF) interference shielding and suppression filters; power conversion and interface products; interconnection devices; power electronics; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; harsh environment connectivity products and custom molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; silicone products; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; embedded computing solutions; test sockets and adapters; and radiation assurance services. The company was founded in 1957 and is headquartered in Hollywood, Florida.

Earnings Per Share

As for profitability, Heico Corporation has a trailing twelve months EPS of $1.91.

PE Ratio

Heico Corporation has a trailing twelve months price to earnings ratio of 91.01. Meaning, the purchaser of the share is investing $91.01 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 14.14%.

Moving Average

Heico Corporation’s worth is above its 50-day moving average of $164.26 and way higher than its 200-day moving average of $152.68.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.7%, now sitting on 2.21B for the twelve trailing months.

2. NL Industries (NL)

14.8% sales growth and 15.29% return on equity

NL Industries, Inc., through its subsidiary, CompX International Inc., operates in the component products industry in the United States and internationally. The company manufactures and sells mechanical and electronic cabinet locks, and other locking mechanisms, including disc tumbler locks, pin tumbler locking mechanisms, and CompX eLock and StealthLock electronic locks for use in various applications, such as ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, vending and cash containment machines, medical cabinetry, electronic circuit panels, storage compartments, and gas station security. It also offers original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical and electronic controls and throttles; wake enhancement devices, trim tabs, steering wheels and other billet aluminum accessories; and dash panels, LED indicators, wire harnesses, and other accessories primarily for performance and ski/wakeboard boats. In addition, it offers insurance brokerage and risk management services. NL Industries, Inc. sells its component products directly to original equipment manufacturers, as well as through distributors. The company was founded in 1891 and is based in Dallas, Texas. NL Industries, Inc. is a subsidiary of Valhi, Inc.

Earnings Per Share

As for profitability, NL Industries has a trailing twelve months EPS of $0.3.

PE Ratio

NL Industries has a trailing twelve months price to earnings ratio of 23.43. Meaning, the purchaser of the share is investing $23.43 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 15.29%.

3. Ingredion Incorporated (INGR)

10.5% sales growth and 15.68% 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 $5.15.

PE Ratio

Ingredion Incorporated has a trailing twelve months price to earnings ratio of 19.24. Meaning, the purchaser of the share is investing $19.24 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 15.68%.

4. Gaming and Leisure Properties (GLPI)

8.2% sales growth and 18.73% return on equity

GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.

Earnings Per Share

As for profitability, Gaming and Leisure Properties has a trailing twelve months EPS of $2.7.

PE Ratio

Gaming and Leisure Properties has a trailing twelve months price to earnings ratio of 19.54. Meaning, the purchaser of the share is investing $19.54 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 18.73%.

Volume

Today’s last reported volume for Gaming and Leisure Properties is 1526580 which is 35.25% above its average volume of 1128660.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 30.6% and 39.6%, respectively.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 2.83 and the estimated forward annual dividend yield is 5.37%.

Moving Average

Gaming and Leisure Properties’s value is higher than its 50-day moving average of $52.53 and above its 200-day moving average of $49.46.

5. Commerce Bancshares (CBSH)

7.2% sales growth and 16.86% return on equity

Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company also offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. It operates through a network of 287 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado, as well as commercial offices. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.

Earnings Per Share

As for profitability, Commerce Bancshares has a trailing twelve months EPS of $3.85.

PE Ratio

Commerce Bancshares has a trailing twelve months price to earnings ratio of 17.34. Meaning, the purchaser of the share is investing $17.34 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 16.86%.

Sales Growth

Commerce Bancshares’s sales growth is 15.1% for the present quarter and 7.2% for the next.

Yearly Top and Bottom Value

Commerce Bancshares’s stock is valued at $66.76 at 00:22 EST, way under its 52-week high of $75.21 and above its 52-week low of $62.80.

6. McCormick & Company (MKC)

7.1% sales growth and 14.95% return on equity

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. McCormick & Company, Incorporated was founded in 1889 and is headquartered in Hunt Valley, Maryland.

Earnings Per Share

As for profitability, McCormick & Company has a trailing twelve months EPS of $2.84.

PE Ratio

McCormick & Company has a trailing twelve months price to earnings ratio of 25.63. Meaning, the purchaser of the share is investing $25.63 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 14.95%.

Volume

Today’s last reported volume for McCormick & Company is 1403050 which is 18.71% above its average volume of 1181900.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2%, now sitting on 6.35B for the twelve trailing months.

Yearly Top and Bottom Value

McCormick & Company’s stock is valued at $72.78 at 00:22 EST, way below its 52-week high of $107.35 and above its 52-week low of $71.19.

Moving Average

McCormick & Company’s value is under its 50-day moving average of $79.34 and way under its 200-day moving average of $82.81.

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