(VIANEWS) – Lattice Semiconductor Corporation (LSCC), Diamondrock Hospitality Company (DRH), 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. Lattice Semiconductor Corporation (LSCC)
15.6% sales growth and 42.44% return on equity
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Certus-NX and ECP, MachXO, iCE40, and CrossLink. It also provides video connectivity application specific standard products. In addition, the company licenses its technology portfolio through standard IP and IP core licensing, patent monetization, and IP services. It sells its products directly to end customers, and indirectly through a network of independent manufacturers' representatives and independent distributors. The company primarily serves original equipment manufacturers in the communications and computing, consumer, and industrial and automotive end markets. Lattice Semiconductor Corporation was incorporated in 1983 and is headquartered in Hillsboro, Oregon.
Earnings Per Share
As for profitability, Lattice Semiconductor Corporation has a trailing twelve months EPS of $1.5.
PE Ratio
Lattice Semiconductor Corporation has a trailing twelve months price to earnings ratio of 64.05. Meaning, the purchaser of the share is investing $64.05 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 42.44%.
2. Diamondrock Hospitality Company (DRH)
8.4% sales growth and 6.97% return on equity
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 31 premium quality hotels with over 10,000 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment.
Earnings Per Share
As for profitability, Diamondrock Hospitality Company has a trailing twelve months EPS of $0.46.
PE Ratio
Diamondrock Hospitality Company has a trailing twelve months price to earnings ratio of 18.07. Meaning, the purchaser of the share is investing $18.07 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 6.97%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 21.7% and a negative 8.3%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.7%, now sitting on 1.05B for the twelve trailing months.
3. Ingredion Incorporated (INGR)
8% sales growth and 16.78% 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 $8.21.
PE Ratio
Ingredion Incorporated has a trailing twelve months price to earnings ratio of 13.33. Meaning, the purchaser of the share is investing $13.33 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 16.78%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 29, 2023, the estimated forward annual dividend rate is 2.84 and the estimated forward annual dividend yield is 2.61%.
Yearly Top and Bottom Value
Ingredion Incorporated’s stock is valued at $109.45 at 11:22 EST, under its 52-week high of $113.46 and way higher than its 52-week low of $78.81.
4. MYR Group (MYRG)
6.3% sales growth and 15.42% return on equity
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates through two segments, Transmission and Distribution, and Commercial and Industrial. The company's Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry. Its services include construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, and renewable power facilities; and limited gas construction services, as well as emergency restoration services in response to hurricane, ice, or other storm related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. Its Commercial and Industrial segment provides services, such as design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting. This segment offers its services for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. It serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Henderson, Colorado.
Earnings Per Share
As for profitability, MYR Group has a trailing twelve months EPS of $5.2.
PE Ratio
MYR Group has a trailing twelve months price to earnings ratio of 26.6. Meaning, the purchaser of the share is investing $26.6 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 15.42%.
Yearly Top and Bottom Value
MYR Group’s stock is valued at $138.34 at 11:22 EST, below its 52-week high of $140.14 and way higher than its 52-week low of $76.97.
Sales Growth
MYR Group’s sales growth is 10.4% for the current quarter and 6.3% for the next.
