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Medallion Financial Corp. And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Medallion Financial Corp. (MFIN), HighPeak Energy (HPK), ITT Corporation (ITT) 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. Medallion Financial Corp. (MFIN)

35.6% sales growth and 15.82% return on equity

Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States. The company operates through four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. It provides loans that finance consumer purchases of recreational vehicles, boats, and trailers; consumer home improvements; commercial businesses; and taxi medallions to individuals, and small to mid-size businesses. The company also offers commercial loans for purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and medallion loans. In addition, it provides debt, mezzanine, and equity investment capital to companies in various industries; and raises deposits and conducts other banking activities. Medallion Financial Corp. was incorporated in 1995 and is headquartered in New York City, New York.

Earnings Per Share

As for profitability, Medallion Financial Corp. has a trailing twelve months EPS of $2.34.

PE Ratio

Medallion Financial Corp. has a trailing twelve months price to earnings ratio of 4.31. Meaning, the purchaser of the share is investing $4.31 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 15.82%.

Sales Growth

Medallion Financial Corp.’s sales growth is 14.5% for the current quarter and 35.6% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 36.2%, now sitting on 247.52M for the twelve trailing months.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 13, 2023, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 3.96%.

Yearly Top and Bottom Value

Medallion Financial Corp.’s stock is valued at $10.09 at 05:22 EST, below its 52-week high of $10.49 and way higher than its 52-week low of $5.64.

2. HighPeak Energy (HPK)

31.5% sales growth and 14.77% return on equity

HighPeak Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids reserves in the Midland Basin in West Texas. As of December 31, 2020, the company had approximately 22,515 MBoe of proved reserves. HighPeak Energy, Inc. was founded in 2019 and is headquartered in Fort Worth, Texas.

Earnings Per Share

As for profitability, HighPeak Energy has a trailing twelve months EPS of $1.43.

PE Ratio

HighPeak Energy has a trailing twelve months price to earnings ratio of 9.25. Meaning, the purchaser of the share is investing $9.25 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 14.77%.

3. ITT Corporation (ITT)

12.8% sales growth and 17.29% return on equity

ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, light- and heavy-duty commercial and military vehicles, buses, and rail. The Industrial Process segment designs and manufactures industrial pumps, valves, and plant optimization systems; and centrifugal process pumps, twin screw, axials, and positive displacement pumps, and water systems, as well as aftermarket solutions, such as repairs and upgrades services. It serves various customers in industries, such as chemical, oil and gas, mining, and other industrial process markets. The Connect & Control Technologies segment designs and manufactures a range of engineered connectors and specialized control components for critical applications supporting various markets, including aerospace and defense, industrial, transportation, medical, and oil and gas. The connector product portfolio includes electrical connectors, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniature, and cable assemblies; and control products consist of fuel and water pumps, valves, electro-mechanical rotary and linear actuators, and pressure, temperature, limit, and flow switches for various aircraft systems. ITT Inc. was founded in 1920 and is headquartered in White Plains, New York.

Earnings Per Share

As for profitability, ITT Corporation has a trailing twelve months EPS of $4.97.

PE Ratio

ITT Corporation has a trailing twelve months price to earnings ratio of 24.63. Meaning, the purchaser of the share is investing $24.63 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 17.29%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 18.8% and 12.8%, respectively.

4. Beacon Roofing Supply (BECN)

7.4% sales growth and 20.76% return on equity

Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers. It offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment. The company also provides above grade and below grade membranes and coatings, deck and floor coatings, plaza deck waterproofing products, damp proofing coatings, and air and vapor barriers; tools and equipment, including power and hand tools, ladders and scaffolding, air tools and compressors, nails, screws and fasteners, generators, work wear and safety gear, job site supplies, tool bags and belts, welding and soldering, cleaning supplies, drill bits, and saw blades; and solar panels, mounting hardware, inverters, and storage and batteries. As of December 21, 2022, it operated approximately 470 branches in 50 states of the United States and 6 provinces in Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.

Earnings Per Share

As for profitability, Beacon Roofing Supply has a trailing twelve months EPS of $-1.03.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.76%.

5. Jack Henry & Associates (JKHY)

5.4% sales growth and 23.06% return on equity

Jack Henry & Associates, Inc., a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. It operates through four segments: Core, Payments, Complementary, and Corporate and Other. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions; core data processing solutions for various credit unions; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial services organizations and corporate entities. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary products and services that enable core bank and credit union clients to respond to evolving customer/member demands. In addition, the company's core banking platform offerings include SilverLake system, a robust system primarily designed for commercial-focused banks; CIF 20/20, a parameter-driven, easy-to-use system for banks; and Core Director, a cost-efficient system with point-and-click operation, as well as core credit union platform under the Symitar name. Further, it provides digital products and services and electronic payment solutions; purchases and resells hardware systems, including servers, workstations, scanners, and other devices; implementation, training, and support services; and software licensing and related services, professional services, and data centers. Jack Henry & Associates, Inc. was founded in 1976 and is headquartered in Monett, Missouri.

Earnings Per Share

As for profitability, Jack Henry & Associates has a trailing twelve months EPS of $5.11.

PE Ratio

Jack Henry & Associates has a trailing twelve months price to earnings ratio of 33.75. Meaning, the purchaser of the share is investing $33.75 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 23.06%.

Moving Average

Jack Henry & Associates’s worth is higher than its 50-day moving average of $167.25 and higher than its 200-day moving average of $158.84.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Jack Henry & Associates’s EBITDA is 5.92.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 4.5% and a drop 3.7% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 7, 2024, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 1.28%.

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