(VIANEWS) – Iamgold Corporation Ordinary Shares (IAG), Ambac Financial Group (AMBC), Silicon Motion Technology Corporation (SIMO) 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. Iamgold Corporation Ordinary Shares (IAG)
50.5% sales growth and 6.57% return on equity
IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America, South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South America; the Essakane mine situated in Burkina Faso and Boto gold project located in Senegal, West Africa; and Westwood mine, covers an area of 1,925 hectare and located in Quebec and the Côté gold project, which covers an area of 586 square kilometer located in Ontario, Canada. Its exploration and development projects include the Pitangui project in Brazil; the Karita project located in Guinea; the Diakha-Siribaya project situated in Mali; and the Nelligan and Monster Lake projects located in Quebec, Canada. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Iamgold Corporation Ordinary Shares has a trailing twelve months EPS of $0.28.
PE Ratio
Iamgold Corporation Ordinary Shares has a trailing twelve months price to earnings ratio of 13.14. Meaning, the purchaser of the share is investing $13.14 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 6.57%.
Volume
Today’s last reported volume for Iamgold Corporation Ordinary Shares is 8907410 which is 7.7% below its average volume of 9650740.
Revenue Growth
Year-on-year quarterly revenue growth grew by 49.8%, now sitting on 1.1B for the twelve trailing months.
Yearly Top and Bottom Value
Iamgold Corporation Ordinary Shares’s stock is valued at $3.68 at 16:22 EST, way below its 52-week high of $4.60 and way higher than its 52-week low of $1.99.
2. Ambac Financial Group (AMBC)
34.1% sales growth and 4.2% return on equity
Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees in the United States, the United Kingdom, Italy, Austria, Australia, France, and Internationally. It offers financial guarantee insurance policies; and credit derivative contracts and interest rate derivative transactions. The company was incorporated in 1991 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Ambac Financial Group has a trailing twelve months EPS of $1.34.
PE Ratio
Ambac Financial Group has a trailing twelve months price to earnings ratio of 9.33. Meaning, the purchaser of the share is investing $9.33 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 4.2%.
Volume
Today’s last reported volume for Ambac Financial Group is 259996 which is 47.55% below its average volume of 495757.
Sales Growth
Ambac Financial Group’s sales growth is 18.2% for the ongoing quarter and 34.1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 114.3% and a drop 91% for the next.
3. Silicon Motion Technology Corporation (SIMO)
23.4% sales growth and 7.82% return on equity
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.
Earnings Per Share
As for profitability, Silicon Motion Technology Corporation has a trailing twelve months EPS of $1.77.
PE Ratio
Silicon Motion Technology Corporation has a trailing twelve months price to earnings ratio of 38.87. Meaning, the purchaser of the share is investing $38.87 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 7.82%.
Sales Growth
Silicon Motion Technology Corporation’s sales growth is 47.3% for the present quarter and 23.4% for the next.
Volume
Today’s last reported volume for Silicon Motion Technology Corporation is 337322 which is 12.05% below its average volume of 383575.
Revenue Growth
Year-on-year quarterly revenue growth grew by 52.6%, now sitting on 704.38M for the twelve trailing months.
Moving Average
Silicon Motion Technology Corporation’s value is way under its 50-day moving average of $79.19 and below its 200-day moving average of $69.31.
4. Universal Stainless & Alloy Products (USAP)
16.6% sales growth and 4.25% return on equity
Universal Stainless & Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. Its products include stainless steel, nickel alloys, tool steel, and various other alloyed steels. The company offers semi-finished and finished long products in the form of ingots, blooms, billets, and bars; flat rolled products, such as slabs and plates; and customized shapes primarily for original equipment manufacturers (OEMs), which are cold rolled from purchased coiled strip, flat bar, or extruded bar. Its semi-finished long products are primarily used to produce rods; and finished bar products that are principally used by OEMs and by service center customers for distribution to various end users. The company also offers conversion services on materials supplied by its customers. Its products are used in aerospace, power generation, oil and gas, heavy equipment, general, and automotive industries, as well as in the manufacturing of equipment for food handling, health and medical, chemical processing, and pollution control; and manufacturing of metals, plastics, paper and aluminum extrusions, pharmaceuticals, electronics, and optics. The company sells its products to service centers, forgers, rerollers, and OEMs. Universal Stainless & Alloy Products, Inc. was founded in 1994 and is headquartered in Bridgeville, Pennsylvania.
Earnings Per Share
As for profitability, Universal Stainless & Alloy Products has a trailing twelve months EPS of $1.02.
PE Ratio
Universal Stainless & Alloy Products has a trailing twelve months price to earnings ratio of 32.26. Meaning, the purchaser of the share is investing $32.26 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 4.25%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.9%, now sitting on 297.72M for the twelve trailing months.
Volume
Today’s last reported volume for Universal Stainless & Alloy Products is 119900 which is 30.5% below its average volume of 172542.
5. Terreno Realty Corporation (TRNO)
11.1% sales growth and 5.24% return on equity
Terreno Realty Corporation (“Terreno”, and together with its subsidiaries, the “Company”) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these notes to the consolidated financial statements are unaudited. As of December 31, 2023, the Company owned 259 buildings aggregating approximately 16.0 million square feet, 45 improved land parcels consisting of approximately 152.4 acres, seven properties under development or redevelopment and approximately 62.7 acres of land entitled for future development. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (“REIT”) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”), commencing with its taxable year ended December 31, 2010.
Earnings Per Share
As for profitability, Terreno Realty Corporation has a trailing twelve months EPS of $1.8.
PE Ratio
Terreno Realty Corporation has a trailing twelve months price to earnings ratio of 37.78. Meaning, the purchaser of the share is investing $37.78 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 5.24%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 30, 2024, the estimated forward annual dividend rate is 1.96 and the estimated forward annual dividend yield is 2.88%.
Yearly Top and Bottom Value
Terreno Realty Corporation’s stock is valued at $68.01 at 16:22 EST, under its 52-week high of $69.74 and way above its 52-week low of $50.42.
Volume
Today’s last reported volume for Terreno Realty Corporation is 1043660 which is 44.53% above its average volume of 722079.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.5%, now sitting on 348.68M for the twelve trailing months.
6. Commerce Bancshares (CBSH)
6.9% sales growth and 16.81% 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 $3.69.
PE Ratio
Commerce Bancshares has a trailing twelve months price to earnings ratio of 17.41. Meaning, the purchaser of the share is investing $17.41 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 16.81%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 6.6% and a drop 2.1% for the next.
Volume
Today’s last reported volume for Commerce Bancshares is 806142 which is 55.49% above its average volume of 518439.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 5, 2024, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 1.7%.
7. ICON plc (ICLR)
6% sales growth and 7.77% return on equity
ICON Public Limited Company, a clinical research organization, provides outsourced development and commercialization services in Ireland, rest of Europe, the United States, and internationally. The company specializes in the strategic development, management, and analysis of programs that support various stages of the clinical development process from compound selection to Phase I-IV clinical studies. It offers clinical development services, including all phases of development, peri and post approval, data solutions, and site and patient access services; and clinical research services, including biostatistics, clinical operations, clinical supplies management, covid-19, data management, decentralized & hybrid clinical solutions, endpoint adjudication services, interactive response technologies, investigator payments, medical affairs, medical writing and publishing, pharmacovigilance, and site and patient solutions. The company also provides laboratory services, including bionanalytical, biomarker, vaccine, good manufacturing practice, and central laboratory services, as well as full-service and functional service partnerships to customers. In addition, it offers commercial positioning, early phase, language, medical imaging, and strategic solutions, as well as clinical trial management, consulting, and contract staffing services. The company serves pharmaceutical, biotechnology, and medical device industries, as well as government and public health organizations. ICON Public Limited Company was incorporated in 1990 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, ICON plc has a trailing twelve months EPS of $8.25.
PE Ratio
ICON plc has a trailing twelve months price to earnings ratio of 39.21. Meaning, the purchaser of the share is investing $39.21 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 7.77%.
