(VIANEWS) – Lincoln National Corporation (LNC), Coda Octopus Group (CODA), Nova Measuring Instruments Ltd. (NVMI) 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. Lincoln National Corporation (LNC)
138.3% sales growth and 25.19% return on equity
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities segment offers variable, fixed, and indexed variable annuities. The Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace. This segment offers individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and a range of plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. The Life Insurance segment provides life insurance products, including term insurance, such as single and survivorship versions of universal life insurance; variable universal life insurance; indexed universal life insurance products; and critical illness and long-term care riders. The Group Protection segment offers group non-medical insurance products comprising short and long-term disability, statutory disability and paid family medical leave administration and absence management services, term life, dental, vision and accident, and critical illness benefits and services to the employer marketplace through various forms of employee-paid and employer-paid plans. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.
Earnings Per Share
As for profitability, Lincoln National Corporation has a trailing twelve months EPS of $9.52.
PE Ratio
Lincoln National Corporation has a trailing twelve months price to earnings ratio of 3.09. Meaning, the purchaser of the share is investing $3.09 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 25.19%.
Yearly Top and Bottom Value
Lincoln National Corporation’s stock is valued at $29.45 at 11:22 EST, way below its 52-week high of $36.46 and way higher than its 52-week low of $20.85.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 10, 2024, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 6.14%.
Moving Average
Lincoln National Corporation’s value is under its 50-day moving average of $31.21 and higher than its 200-day moving average of $29.16.
2. Coda Octopus Group (CODA)
57.7% sales growth and 5.56% return on equity
Coda Octopus Group, Inc., together with its subsidiaries, develops, sells, and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the United States of America and internationally. The company operates through two segments, Marine Engineering Business and Marine Technology Business. It sells technology solutions to the subsea and underwater markets. The company's solutions include geophysical systems, a geophysical data acquisition systems, processing, and analysis software that are used primarily by survey companies, offshore renewable companies, research institutions, and salvage companies; GNSS-aided navigation systems (attitude and positioning systems); Real time volumetric imaging sonar; and diver augmented vision display system. It offers CodaOctopus GeoSurvey products, such as hardware and software solutions for field acquisition of sidescan sonar and sub-bottom profiler; and CodaOctopus DA4G productivity suite of software that automates the tasks of analyzing, annotating, and mosaicing complex data sets. It markets its products under the CodaOctopus brand name. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.
Earnings Per Share
As for profitability, Coda Octopus Group has a trailing twelve months EPS of $0.24.
PE Ratio
Coda Octopus Group has a trailing twelve months price to earnings ratio of 30.04. Meaning, the purchaser of the share is investing $30.04 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 5.56%.
Yearly Top and Bottom Value
Coda Octopus Group’s stock is valued at $7.21 at 11:22 EST, below its 52-week high of $7.83 and way higher than its 52-week low of $5.21.
3. Nova Measuring Instruments Ltd. (NVMI)
32.5% sales growth and 20.43% return on equity
Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and material metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, and deposition. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. The company was founded in 1993 and is headquartered in Rehovot, Israel.
Earnings Per Share
As for profitability, Nova Measuring Instruments Ltd. has a trailing twelve months EPS of $4.8.
PE Ratio
Nova Measuring Instruments Ltd. has a trailing twelve months price to earnings ratio of 41.85. Meaning, the purchaser of the share is investing $41.85 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 20.43%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 36.6% and 24.3%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.8%, now sitting on 561.68M for the twelve trailing months.
Yearly Top and Bottom Value
Nova Measuring Instruments Ltd.’s stock is valued at $200.87 at 11:22 EST, way under its 52-week high of $247.21 and way higher than its 52-week low of $90.59.
4. Agnico Eagle Mines Limited (AEM)
27.8% sales growth and 3.1% return on equity
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits. The company's flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2019, its LaRonde mine had a mineral reserve of approximately 2.9 million ounces of gold. The company is also involved in exploration activities in Europe, Latin America, and the United States. Agnico Eagle Mines Limited was founded in 1953 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Agnico Eagle Mines Limited has a trailing twelve months EPS of $1.16.
PE Ratio
Agnico Eagle Mines Limited has a trailing twelve months price to earnings ratio of 68.03. Meaning, the purchaser of the share is investing $68.03 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 3.1%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 111.4% and 82.5%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.9%, now sitting on 7.31B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 29, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 2.03%.
Moving Average
Agnico Eagle Mines Limited’s value is higher than its 50-day moving average of $76.07 and way higher than its 200-day moving average of $62.13.
5. First Hawaiian (FHB)
26.1% sales growth and 9.04% return on equity
First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company accepts various deposit products, including checking and savings accounts, and time deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases, commercial lease financing, and auto dealer financing. In addition, the company offers personal installment, credit card, individual investment and financial planning, insurance protection, trust and estate, private banking, retirement planning, treasury, and merchant processing services. As of December 31, 2020, it operated 54 branches in Oahu, Maui, Hawaii, Kauai, Lanai, Guam, and Saipan. The company was formerly known as BancWest Corporation and changed its name to First Hawaiian, Inc. in April 2016. The company was founded in 1858 and is headquartered in Honolulu, Hawaii. First Hawaiian, Inc. is a subsidiary of BancWest Corporation.
Earnings Per Share
As for profitability, First Hawaiian has a trailing twelve months EPS of $1.74.
PE Ratio
First Hawaiian has a trailing twelve months price to earnings ratio of 13.28. Meaning, the purchaser of the share is investing $13.28 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 9.04%.
Yearly Top and Bottom Value
First Hawaiian’s stock is valued at $23.10 at 11:22 EST, way below its 52-week high of $26.18 and way above its 52-week low of $17.18.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.3%, now sitting on 802.87M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 4.3% and positive 16.2% for the next.
6. ESCO Technologies (ESE)
15.8% sales growth and 8.66% return on equity
ESCO Technologies Inc. produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through Aerospace & Defense, Utility Solutions Group, and RF Shielding and Test segments. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines. It also designs, develops, and manufactures elastomeric-based signature reduction solutions for U.S. naval vessels; and mission-critical bushings, pins, sleeves, and precision-tolerance machined components for landing gear, rotor heads, engine mounts, flight controls, and actuation systems for the aerospace and defense industries. The Utility Solutions Group segment provides diagnostic testing solutions that enable electric power grid operators to assess the integrity of high-voltage power delivery equipment; and decision support tools for the renewable energy industry, primarily wind and solar. The RF Shielding and Test segment designs and manufactures RF test and secure communication facilities, acoustic test enclosures, RF and magnetically shielded rooms, RF measurement systems, and broadcast and recording studios; and RF absorptive materials and filters, active compensation systems, antennas, antenna masts, turntables, electric and magnetic probes, RF test cells, proprietary measurement software, and other test accessories to perform various tests. It also provides services, such as calibration for antennas and field probes, chamber certification, field surveys, customer training, and various product tests. The company distributes its products through a network of distributors, sales representatives, direct sales teams, and in-house sales personnel. The company was incorporated in 1990 and is based in St. Louis, Missouri.
Earnings Per Share
As for profitability, ESCO Technologies has a trailing twelve months EPS of $3.86.
PE Ratio
ESCO Technologies has a trailing twelve months price to earnings ratio of 30.62. Meaning, the purchaser of the share is investing $30.62 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 8.66%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 2, 2024, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 0.27%.
Volume
Today’s last reported volume for ESCO Technologies is 18939 which is 85.48% below its average volume of 130467.
Yearly Top and Bottom Value
ESCO Technologies’s stock is valued at $118.20 at 11:22 EST, under its 52-week high of $125.54 and way higher than its 52-week low of $94.59.
Moving Average
ESCO Technologies’s value is above its 50-day moving average of $116.53 and above its 200-day moving average of $107.92.
7. PetIQ (PETQ)
5.7% sales growth and 5.52% return on equity
PetIQ, Inc. operates as a pet medication and wellness company in the United States and internationally. It operates in two segments, Products and Services. The company offers Rx pet medications, which include flea and tick control, heartworm preventatives, arthritis, thyroid, diabetes and pain treatments, antibiotics, and other specialty medications; and develops and manufactures its own proprietary value-branded products, as well as distributes third-party branded medications. It also provides OTC medications and supplies primarily within the flea and tick control, and behavior management categories of the health and wellness industry in various forms, such as spot on (topical) treatments, chewables, oral tablets, and collars. In addition, the company offers health and wellness products that include dental treats and nutritional supplements, which comprise hip and joint, vitamins, and skin and coat products. The company provides its products primarily under the PetIQ, PetArmor, VIP Petcare, VetIQ PetCare, VetIQ, Capstar, Advecta, SENTRY, Sergeants, PetLock, Heart Shield Plus, TruProfen, Betsy Farms, PetAction, Minties, Vera, and Delightibles brands. In addition, the company offers a suite of services at community clinics and wellness centers hosted at pet retailers, including diagnostic tests, vaccinations, prescription medications, microchipping, and wellness checks. It operates through veterinarian, retail, and e-commerce channels. The company was founded in 2010 and is headquartered in Eagle, Idaho.
Earnings Per Share
As for profitability, PetIQ has a trailing twelve months EPS of $0.37.
PE Ratio
PetIQ has a trailing twelve months price to earnings ratio of 82.57. Meaning, the purchaser of the share is investing $82.57 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 5.52%.
Yearly Top and Bottom Value
PetIQ’s stock is valued at $30.55 at 11:22 EST, under its 52-week high of $30.68 and way higher than its 52-week low of $15.09.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 2.4% and positive 108.3% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.6%, now sitting on 1.13B for the twelve trailing months.
Volume
Today’s last reported volume for PetIQ is 302742 which is 61.2% below its average volume of 780411.
