(VIANEWS) – HireQuest (HQI), Avid Bioservices (CDMO), First Bancorp (FBNC) 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. HireQuest (HQI)
38.7% sales growth and 23.08% return on equity
HireQuest, Inc. provides on-demand and temporary staffing solutions in the United States. The company provides temporary staffing services, including skilled and semi-skilled labor and industrial personnel, clerical and administrative personnel, and construction personnel. As of March 25, 2021, the company had a network of approximately 139 franchisee-owned offices in 35 states and the District of Columbia. It serves customers primarily in the construction, industrial/manufacturing, warehousing, hospitality, recycling/waste management, disaster recovery, logistics, auctioneering, landscaping, and retail industries. The company was formerly known as Command Center, Inc. and changed its name to HireQuest, Inc. in September 2019. HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina.
Earnings Per Share
As for profitability, HireQuest has a trailing twelve months EPS of $0.85.
PE Ratio
HireQuest has a trailing twelve months price to earnings ratio of 26.93. Meaning, the purchaser of the share is investing $26.93 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 23.08%.
Yearly Top and Bottom Value
HireQuest’s stock is valued at $22.89 at 10:22 EST, under its 52-week high of $23.01 and way higher than its 52-week low of $11.80.
Earnings Before Interest, Taxes, Depreciation, and Amortization
HireQuest’s EBITDA is 31.79.
2. Avid Bioservices (CDMO)
24.3% sales growth and 101.81% return on equity
Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices (CGMP) clinical and commercial manufacturing services focused on biopharmaceutical drug substances derived from mammalian cell culture. It produces monoclonal antibodies and recombinant proteins; and offers services, including CGMP clinical and commercial drug substance manufacturing, purification, bulk packaging, release and stability testing, and regulatory submission and support. The company also provides various process development services, such as upstream and downstream development and optimization, analytical methods development, testing, and characterization. It serves biotechnology and pharmaceutical companies. Avid Bioservices, Inc. has a process development and manufacturing agreement with Oragenics, Inc. to develop coronavirus vaccine. The company was formerly known as Peregrine Pharmaceuticals, Inc. and changed its name to Avid Bioservices, Inc. in January 2018. Avid Bioservices, Inc. was founded in 1981 and is headquartered in Tustin, California.
Earnings Per Share
As for profitability, Avid Bioservices has a trailing twelve months EPS of $1.69.
PE Ratio
Avid Bioservices has a trailing twelve months price to earnings ratio of 10.12. Meaning, the purchaser of the share is investing $10.12 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 101.81%.
Sales Growth
Avid Bioservices’s sales growth is 15.3% for the ongoing quarter and 24.3% for the next.
Volume
Today’s last reported volume for Avid Bioservices is 377501 which is 30.52% below its average volume of 543333.
Yearly Top and Bottom Value
Avid Bioservices’s stock is valued at $17.11 at 10:22 EST, way under its 52-week high of $22.38 and way above its 52-week low of $11.30.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 175% and a negative 200%, respectively.
3. First Bancorp (FBNC)
20.6% sales growth and 12.99% return on equity
First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, it provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, the company offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina.
Earnings Per Share
As for profitability, First Bancorp has a trailing twelve months EPS of $3.18.
PE Ratio
First Bancorp has a trailing twelve months price to earnings ratio of 13.09. Meaning, the purchaser of the share is investing $13.09 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 12.99%.
Volume
Today’s last reported volume for First Bancorp is 13346 which is 91.95% below its average volume of 165883.
Moving Average
First Bancorp’s value is higher than its 50-day moving average of $41.36 and above its 200-day moving average of $39.79.
4. First Horizon National (FHN)
20.6% sales growth and 10.7% return on equity
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also underwrites bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers various services, such as mortgage banking; title insurance and loan-closing; brokerage; correspondent banking; nationwide check clearing and remittance processing; trust, fiduciary, and agency; equipment finance; and investment and financial advisory services. Further, the company sells mutual fund and retail insurance products; and credit cards. It operates approximately 500 banking offices in 22 states under the First Horizon Bank brand; and 400 banking centers in 12 states under the FHN Financial brand in the United States. The company was formerly known as First Horizon National Corporation and changed its name to First Horizon Corporation in November 2020. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.
Earnings Per Share
As for profitability, First Horizon National has a trailing twelve months EPS of $2.08.
PE Ratio
First Horizon National has a trailing twelve months price to earnings ratio of 10.24. Meaning, the purchaser of the share is investing $10.24 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 10.7%.
Yearly Top and Bottom Value
First Horizon National’s stock is valued at $21.31 at 10:22 EST, way under its 52-week high of $24.92 and higher than its 52-week low of $20.48.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 15, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 2.43%.
Moving Average
First Horizon National’s worth is way under its 50-day moving average of $24.47 and below its 200-day moving average of $23.49.
5. OceanFirst Financial Corp. (OCFC)
20.3% sales growth and 9.5% return on equity
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.
Earnings Per Share
As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $1.27.
PE Ratio
OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 18.8. Meaning, the purchaser of the share is investing $18.8 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 9.5%.
Sales Growth
OceanFirst Financial Corp.’s sales growth is 27.2% for the current quarter and 20.3% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 42.4%, now sitting on 428.8M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 36.7% and 15.3%, respectively.
Volume
Today’s last reported volume for OceanFirst Financial Corp. is 98738 which is 51.55% below its average volume of 203824.
6. TriCo Bancshares (TCBK)
14.4% sales growth and 12.26% return on equity
TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offers treasury management services; and other customary banking services, including safe deposit boxes; and independent financial and broker-dealer services. It operates 66 traditional branches, 7 in-store branches, and 2 loan production offices in northern and central California. The company was incorporated in 1974 and is headquartered in Chico, California.
Earnings Per Share
As for profitability, TriCo Bancshares has a trailing twelve months EPS of $3.83.
PE Ratio
TriCo Bancshares has a trailing twelve months price to earnings ratio of 13.16. Meaning, the purchaser of the share is investing $13.16 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 12.26%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 30.7%, now sitting on 391.62M for the twelve trailing months.
Yearly Top and Bottom Value
TriCo Bancshares’s stock is valued at $50.41 at 10:22 EST, way under its 52-week high of $58.62 and way higher than its 52-week low of $37.41.
Volume
Today’s last reported volume for TriCo Bancshares is 70661 which is 8.65% above its average volume of 65035.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 68.7% and 23.7%, respectively.
7. America Movil (AMX)
8.8% sales growth and 22.78% return on equity
América Móvil, S.A.B. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging, and other wireless entertainment and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services. In addition, the company offers residential broadband services; IT solutions for small businesses and large corporations; and cable and satellite pay television subscriptions. Further, it sells equipment, accessories, and computers; and offers telephone directories, wireless security, call center, advertising, media, and software development services. Additionally, the company provides video, audio, and other media content through the Internet directly from the content provider to the end user. It sells its products and services under the Telcel, Telmex Infinitum, and A1 brands through a network of retailers and service centers to retail customers; and through sales force to corporate customers. As of December 31, 2021, the company had approximately 286.5 million wireless voice and data subscribers. América Móvil, S.A.B. de C.V. was incorporated in 2000 and is based in Mexico City, Mexico.
Earnings Per Share
As for profitability, America Movil has a trailing twelve months EPS of $1.16.
PE Ratio
America Movil has a trailing twelve months price to earnings ratio of 18.2. Meaning, the purchaser of the share is investing $18.2 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 22.78%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 28, 2022, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 3.27%.
Sales Growth
America Movil’s sales growth is 4.3% for the ongoing quarter and 8.8% for the next.
Volume
Today’s last reported volume for America Movil is 960160 which is 41.94% below its average volume of 1653770.
Yearly Top and Bottom Value
America Movil’s stock is valued at $21.11 at 10:22 EST, below its 52-week high of $22.65 and way above its 52-week low of $16.13.
