(VIANEWS) – Middlefield Banc Corp. (MBCN), Cadence Design Systems (CDNS), Transcat (TRNS) 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. Middlefield Banc Corp. (MBCN)
28% sales growth and 10.06% return on equity
Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.39 billion at March 31, 2021. The bank operates 16 full-service banking centers and an LPL Financial® brokerage office serving Beachwood, Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor, Ohio. Additional information is available at www.middlefieldbank.bank.
Earnings Per Share
As for profitability, Middlefield Banc Corp. has a trailing twelve months EPS of $2.54.
PE Ratio
Middlefield Banc Corp. has a trailing twelve months price to earnings ratio of 9.57. Meaning, the purchaser of the share is investing $9.57 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 10.06%.
Sales Growth
Middlefield Banc Corp.’s sales growth is 35.7% for the ongoing quarter and 28% for the next.
Moving Average
Middlefield Banc Corp.’s value is below its 50-day moving average of $26.01 and way below its 200-day moving average of $27.52.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 31, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.29%.
2. Cadence Design Systems (CDNS)
12.4% sales growth and 30.01% return on equity
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Cadence Design Systems has a trailing twelve months EPS of $3.22.
PE Ratio
Cadence Design Systems has a trailing twelve months price to earnings ratio of 71.33. Meaning, the purchaser of the share is investing $71.33 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 30.01%.
Volume
Today’s last reported volume for Cadence Design Systems is 1151080 which is 37.76% below its average volume of 1849530.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Cadence Design Systems’s EBITDA is 16.34.
3. Transcat (TRNS)
11.5% sales growth and 11.5% return on equity
Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally. It operates in two segments, Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualification, preventative maintenance, consulting, and other related services. This segment also provides CalTrak, a proprietary document and asset management software that is used to integrate and manage the workflow of its calibration service centers and customers' assets; and Compliance, Control and Cost, an online customer portal that provides its customers with web-based asset management capability, as well as a safe and secure off-site archive of calibration and other service records. The Distribution segment sells and rents test, measurement, and control instruments for customers' test and measurement instrumentation needs, as well as value added services, such as calibration/certification of equipment purchase, equipment rental, used equipment for sale, and equipment kitting. This segment markets and sells its products through website, digital and print advertising, proactive outbound sales, and an inbound call center. The company provides services and products to highly regulated industries, principally life science, which includes companies in the pharmaceutical, biotechnology, medical device, and other FDA-regulated industries; and additional industries, including aerospace and defense industrial manufacturing, oil and gas and alternative energy, and other industries that require accuracy in processes and confirmation of the capabilities of their equipment. Transcat, Inc. was incorporated in 1964 and is headquartered in Rochester, New York.
Earnings Per Share
As for profitability, Transcat has a trailing twelve months EPS of $1.42.
PE Ratio
Transcat has a trailing twelve months price to earnings ratio of 62.32. Meaning, the purchaser of the share is investing $62.32 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 11.5%.
Sales Growth
Transcat’s sales growth is 9.7% for the ongoing quarter and 11.5% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Transcat’s EBITDA is 3.38.
4. CAE Ordinary Shares (CAE)
11.1% sales growth and 4.42% return on equity
CAE Inc., together with its subsidiaries, designs, manufactures, and supplies simulation equipment and training solutions to defense and security markets, commercial airlines, business aircraft operators, helicopter operators, aircraft manufacturers, and healthcare education and service providers worldwide. The company's Civil Aviation Training Solutions segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as end to end digitally-enabled crew management, training operations solutions, and optimization software. Its Defence and Security segment offers training and mission support solutions for defense forces across multi-domain operations, and for government organizations responsible for public safety. The company's Healthcare segment provides integrated education and training solutions, including surgical and imaging simulations, curriculum, audiovisual and centre management platforms, and patient simulators to healthcare students and clinical professionals. It has a strategic partnership with Volocopter GmbH to develop, certify, and deploy a pilot training program for electric vertical takeoff and landing operations. The company was formerly known as CAE Industries Ltd. and changed its name to CAE Inc. in June 1993. CAE Inc. was founded in 1947 and is headquartered in Saint-Laurent, Canada.
Earnings Per Share
As for profitability, CAE Ordinary Shares has a trailing twelve months EPS of $0.43.
PE Ratio
CAE Ordinary Shares has a trailing twelve months price to earnings ratio of 52.22. Meaning, the purchaser of the share is investing $52.22 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 4.42%.
5. Universal Health Services (UHS)
7.4% sales growth and 11.12% return on equity
Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. The company operates through Acute Care Hospital Services and Behavioral Health Care Services segments. Its hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services. The company also provides commercial health insurance services; and various management services, which include central purchasing, information, finance and control systems, facilities planning, physician recruitment, administrative personnel management, marketing, and public relations services. Universal Health Services, Inc. founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
Earnings Per Share
As for profitability, Universal Health Services has a trailing twelve months EPS of $9.4.
PE Ratio
Universal Health Services has a trailing twelve months price to earnings ratio of 13.57. Meaning, the purchaser of the share is investing $13.57 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 11.12%.
Yearly Top and Bottom Value
Universal Health Services’s stock is valued at $127.57 at 06:22 EST, way under its 52-week high of $154.65 and way higher than its 52-week low of $82.50.
6. Automatic Data Processing (ADP)
7.1% sales growth and 82.69% return on equity
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
Earnings Per Share
As for profitability, Automatic Data Processing has a trailing twelve months EPS of $7.82.
PE Ratio
Automatic Data Processing has a trailing twelve months price to earnings ratio of 26.65. Meaning, the purchaser of the share is investing $26.65 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 82.69%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.2%, now sitting on 17.66B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 7, 2023, the estimated forward annual dividend rate is 5 and the estimated forward annual dividend yield is 2.38%.
Previous days news about Automatic Data Processing(ADP)
- According to FXStreet on Tuesday, 30 May, "On Thursday, US Automatic Data Processing (ADP) Employment data will be keenly watched. "
- According to FXStreet on Tuesday, 30 May, "As per the consensus, Thursday’s Automatic Data Processing (ADP) Employment Change is expected to land at 170K lower than the former release of 296K."
- According to FXStreet on Monday, 29 May, "After Wednesday’s JOLTS Job Openings data, investors will focus on Thursday’s Automatic Data Processing (ADP) Employment Change and finally on Friday’s Nonfarm Payrolls (NFP) data."
- According to FXStreet on Wednesday, 31 May, "Going forward, the USD Index will be guided by the release of the US Automatic Data Processing (ADP) Employment Change data."
- According to FXStreet on Tuesday, 30 May, "Sheer volatility is anticipated from the US Dollar ahead of the release of the United States Automatic Data Processing (ADP) Employment data will be keenly watched. "
7. Lear Corporation (LEA)
6.6% sales growth and 10.26% return on equity
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, South America, and internationally. Its Seating segment offers leather and fabric products, seat covers, recliner mechanisms, seat tracks and foams, seat structures and mechanisms, and headrests for automobiles and light trucks, compact cars, and sport utility vehicles. The company's E-Systems segment offers electrical distribution systems that route electrical signals and networks, and manage electrical power within the vehicle for various powertrains, such as traditional internal combustion engine architectures, hybrid, plug-in hybrid, and battery electric architectures. This segment's products comprise wire harnesses, terminals and connectors, and junction boxes; and electronic control modules, such as body control modules, smart junction boxes, gateway modules, wireless receiver and transmitter technology, lighting control modules, audio domain controllers, amplifiers, and communication modules. It also provides electrification products comprising charging systems that include onboard charging modules and cord set charging equipment; battery electronics, which comprise battery disconnect units, cell monitoring supervisory systems, and integrated total battery control modules; and other power management modules, including converter and inverter systems. In addition, this segment offers cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; roadside modules that communicate real-time traffic information; and cellular protocols for vehicle connectivity, as well as Xevo Journeyware, a platform for the cloud, vehicles, and mobile devices; and connectivity products. The company was founded in 1917 and is headquartered in Southfield, Michigan.
Earnings Per Share
As for profitability, Lear Corporation has a trailing twelve months EPS of $6.93.
PE Ratio
Lear Corporation has a trailing twelve months price to earnings ratio of 18.05. Meaning, the purchaser of the share is investing $18.05 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 10.26%.
Moving Average
Lear Corporation’s value is under its 50-day moving average of $131.73 and under its 200-day moving average of $135.00.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 3.08 and the estimated forward annual dividend yield is 2.51%.
Yearly Top and Bottom Value
Lear Corporation’s stock is valued at $125.06 at 06:22 EST, way under its 52-week high of $158.44 and higher than its 52-week low of $114.67.
8. Restaurant Brands International (QSR)
5.5% sales growth and 36% return on equity
Restaurant Brands International Inc. operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products. It is also involved in owning and franchising BK, a fast-food hamburger restaurant chain, which offers flame-grilled hamburgers, chicken and other specialty sandwiches, French fries, soft drinks, and other food items; and PLK quick service restaurants that provide Louisiana-style fried chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other regional items. In addition, the company owns and franchises FHS quick service restaurants that offer meats and cheese, chopped salads, chili and soups, signature and other sides, soft drinks, and local specialties. Restaurant Brands International Inc. was founded in 1954 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Restaurant Brands International has a trailing twelve months EPS of $3.27.
PE Ratio
Restaurant Brands International has a trailing twelve months price to earnings ratio of 22.41. Meaning, the purchaser of the share is investing $22.41 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 36%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 20, 2023, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 3.02%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 8.5% and a negative 13.5%, respectively.
