(VIANEWS) – Las Vegas Sands Corp (LVS), Park-Ohio Holdings Corp. (PKOH), Erie Indemnity Company (ERIE) 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. Las Vegas Sands Corp (LVS)
16.8% sales growth and 35.3% return on equity
Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore. The company's integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Las Vegas Sands Corp has a trailing twelve months EPS of $1.62.
PE Ratio
Las Vegas Sands Corp has a trailing twelve months price to earnings ratio of 31.17. Meaning, the purchaser of the share is investing $31.17 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 35.3%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 4, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 1.19%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Las Vegas Sands Corp’s EBITDA is 40.21.
Yearly Top and Bottom Value
Las Vegas Sands Corp’s stock is valued at $50.49 at 05:22 EST, way below its 52-week high of $65.58 and way above its 52-week low of $43.77.
2. Park-Ohio Holdings Corp. (PKOH)
12.9% sales growth and 6.64% return on equity
Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply Technologies, Assembly Components, and Engineered Products. The Supply Technologies segment offers Total Supply Management solution, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing, and ongoing technical support services, as well as provides spare parts and aftermarket products; and production components, such as valves, fuel hose assemblies, electro-mechanical hardware, labels, fittings, steering components, and other products. It also engineers and manufactures precision cold-formed and cold-extruded fasteners and other products, including locknuts, SPAC nuts, SPAC bolts, and wheel hardware. The Assembly Components segment manufactures aluminum products, direct fuel injection fuel rails and pipes, fuel filler pipes, and flexible multi-layer plastic and rubber assemblies; turbo charging and coolant hoses; and fluid handling systems. It also offers machining services, as well as value-added services, such as design engineering, machining, and part assembly. The Engineered Products segment designs and manufactures engineered products, including induction heating and melting systems, pipe threading systems, and forged and machined products primarily for ferrous and non-ferrous metals, silicon, coatings, forging, foundry, automotive, and construction equipment industries; engineers and installs mechanical forging presses; sells spare parts; provides field services; and offers aerospace and defense structural components, and rail products, such as railcar center plates and draft lugs. Park-Ohio Holdings Corp. was founded in 1907 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Park-Ohio Holdings Corp. has a trailing twelve months EPS of $1.61.
PE Ratio
Park-Ohio Holdings Corp. has a trailing twelve months price to earnings ratio of 15.99. Meaning, the purchaser of the share is investing $15.99 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 6.64%.
3. Erie Indemnity Company (ERIE)
11% sales growth and 26.99% return on equity
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
Earnings Per Share
As for profitability, Erie Indemnity Company has a trailing twelve months EPS of $7.66.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 44.73. Meaning, the purchaser of the share is investing $44.73 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 26.99%.
Sales Growth
Erie Indemnity Company’s sales growth is 10.3% for the ongoing quarter and 11% for the next.
Volume
Today’s last reported volume for Erie Indemnity Company is 131299 which is 31.72% above its average volume of 99677.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.9%, now sitting on 3.15B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 4, 2024, the estimated forward annual dividend rate is 5.1 and the estimated forward annual dividend yield is 1.49%.
4. Navigator Holdings Ltd. Ordinary Shares (NVGS)
6.5% sales growth and 6.55% return on equity
Navigator Holdings Ltd. owns and operates a fleet of liquefied gas carriers worldwide. It provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders. The company also offers ship shore infrastructure and consultancy services. It operates a fleet of 56 semi- or fully-refrigerated liquefied gas carriers. The company was formerly known as Isle of Man public limited company and changed its name to Navigator Holdings Ltd. in 2006. Navigator Holdings Ltd. was incorporated in 1997 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, Navigator Holdings Ltd. Ordinary Shares has a trailing twelve months EPS of $0.99.
PE Ratio
Navigator Holdings Ltd. Ordinary Shares has a trailing twelve months price to earnings ratio of 16.29. Meaning, the purchaser of the share is investing $16.29 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 6.55%.
Yearly Top and Bottom Value
Navigator Holdings Ltd. Ordinary Shares’s stock is valued at $16.13 at 05:22 EST, below its 52-week high of $16.48 and way higher than its 52-week low of $11.91.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 5, 2023, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 1.23%.
Volume
Today’s last reported volume for Navigator Holdings Ltd. Ordinary Shares is 103971 which is 36.61% below its average volume of 164032.
5. Allegion plc Ordinary Shares (ALLE)
6.4% sales growth and 55.05% return on equity
Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door closers and controls; doors and door systems; electronic security products; electronic, biometric and mobile access control systems; exit devices; locks, locksets, portable locks, and key systems; time, attendance, and workforce productivity systems; and other accessories. The company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, on-line and e-commerce platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, Allegion plc Ordinary Shares has a trailing twelve months EPS of $6.32.
PE Ratio
Allegion plc Ordinary Shares has a trailing twelve months price to earnings ratio of 19.84. Meaning, the purchaser of the share is investing $19.84 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 55.05%.
Moving Average
Allegion plc Ordinary Shares’s worth is way above its 50-day moving average of $113.64 and way higher than its 200-day moving average of $110.33.
