Impinj And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Impinj (PI), Green Brick Partners (GRBK), FormFactor (FORM) 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. Impinj (PI)

27.5% sales growth and 16.08% return on equity

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform, which comprises multiple product families, wirelessly connects individual items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that comprise reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enables its partners to deliver use cases, such as retail self-checkout and loss prevention, and warehouse pallet and carton tracking to end-users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

Earnings Per Share

As for profitability, Impinj has a trailing twelve months EPS of $0.28.

PE Ratio

Impinj has a trailing twelve months price to earnings ratio of 777.96. Meaning, the purchaser of the share is investing $777.96 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 16.08%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.2%, now sitting on 314.98M for the twelve trailing months.

2. Green Brick Partners (GRBK)

24.2% sales growth and 26.67% return on equity

Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States. It operates through Builder operations Central, Builder operations Southeast, and Land development segments. The company is involved in the land acquisition and development, entitlements, design, construction, title and mortgage services, marketing, and sale of townhomes, patio homes, single family homes, and luxury homes in residential neighborhoods, and master planned communities. As of December 31,2021, the company owns or controls approximately 28,600 home sites in Dallas-Forth Worth, Atlanta metropolitan areas, and the Treasure Coast, Florida market. The company sells its homes through sales representatives and independent realtors. Green Brick Partners, Inc. was incorporated in 2006 and is headquartered in Plano, Texas.

Earnings Per Share

As for profitability, Green Brick Partners has a trailing twelve months EPS of $7.28.

PE Ratio

Green Brick Partners has a trailing twelve months price to earnings ratio of 11.08. Meaning, the purchaser of the share is investing $11.08 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 26.67%.

Moving Average

Green Brick Partners’s worth is way higher than its 50-day moving average of $72.72 and way above its 200-day moving average of $58.91.

3. FormFactor (FORM)

18.7% sales growth and 13.62% return on equity

FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions. It operates in two segments, Probe Cards and Systems. The company offers probe cards to test various semiconductor device types, including systems on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices, as well as computer processor devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies. It also provides probe systems for semiconductor design engineers to capture and analyze accurate data; surface metrology systems for the development, production, and quality control of semiconductor products; thermal subsystems, such as thermal chucks and other test systems used in probe stations and other applications; and precision cryogenic instruments, semiconductor tests, and measurement systems. In addition, the company offers on-site probe card maintenance and service training, seminars, and telephone support services. It markets and sells its products through direct sales force, manufacturers' representatives, and distributors in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally. The company was incorporated in 1993 and is headquartered in Livermore, California.

Earnings Per Share

As for profitability, FormFactor has a trailing twelve months EPS of $1.54.

PE Ratio

FormFactor has a trailing twelve months price to earnings ratio of 27.82. Meaning, the purchaser of the share is investing $27.82 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 13.62%.

Yearly Top and Bottom Value

FormFactor’s stock is valued at $42.84 at 16:22 EST, way under its 52-week high of $63.63 and way above its 52-week low of $31.51.

Previous days news about FormFactor(FORM)

  • Formfactor (form) upgraded to buy: what does it mean for the stock?. According to Zacks on Tuesday, 1 October, "The upgrade of FormFactor to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.", "Therefore, the Zacks rating upgrade for FormFactor basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price."

4. Myers Industries (MYE)

12.8% sales growth and 13.73% return on equity

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy Manufacturing, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.

Earnings Per Share

As for profitability, Myers Industries has a trailing twelve months EPS of $1.05.

PE Ratio

Myers Industries has a trailing twelve months price to earnings ratio of 12.83. Meaning, the purchaser of the share is investing $12.83 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 13.73%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.7%, now sitting on 816.21M for the twelve trailing months.

Moving Average

Myers Industries’s value is under its 50-day moving average of $14.25 and way below its 200-day moving average of $17.44.

5. Mid Penn Bancorp (MPB)

7.7% sales growth and 8.33% return on equity

Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and IRAs. It also provides a range of loan products comprising mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities, and local government loans. In addition, the company offers online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes; and trust and wealth management services. As of December 31, 2020, it operated thirty-six full service retail banking locations in Berks, Bucks, Chester, Cumberland, Dauphin, Fayette, Lancaster, Luzerne, Montgomery, Northumberland, Schuylkill, and Westmoreland counties, Pennsylvania. The company was founded in 1868 and is headquartered in Millersburg, Pennsylvania.

Earnings Per Share

As for profitability, Mid Penn Bancorp has a trailing twelve months EPS of $2.73.

PE Ratio

Mid Penn Bancorp has a trailing twelve months price to earnings ratio of 11.27. Meaning, the purchaser of the share is investing $11.27 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 8.33%.

Leave a Reply

Your email address will not be published. Required fields are marked *