(VIANEWS) – MidWestOne Financial Group (MOFG), The Pennant Group (PNTG), Evertec (EVTC) 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. MidWestOne Financial Group (MOFG)
29% sales growth and 5.93% return on equity
MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers deposit products, such as noninterest bearing and interest-bearing demand deposit accounts, interest checking accounts, savings accounts, money market accounts, certificates of deposit, and time deposits. The company also provides commercial and industrial, commercial and residential real estate, agricultural, and credit card loans, as well as consumer loans, such as personal and automobile loans. In addition, it offers various trust and investment services, including administering estates, personal trusts, and conservatorships, as well as property management, farm management, investment advisory, retail securities brokerage, financial planning, securities trading, mutual funds sales, fixed and variable annuities and tax-exempt, conventional unit trusts, and custodial services. Further, the company provides other products and services comprising treasury management, debit cards, automated teller machines, online and mobile banking, and safe deposit boxes. It offers its products and services primarily through a network of 56 banking offices located in central and eastern Iowa, the Minneapolis/St. Paul metropolitan area of Minnesota, southwestern Wisconsin, southwestern Florida, and Denver, Colorado. MidWestOne Financial Group, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa.
Earnings Per Share
As for profitability, MidWestOne Financial Group has a trailing twelve months EPS of $1.97.
PE Ratio
MidWestOne Financial Group has a trailing twelve months price to earnings ratio of 13.72. Meaning, the purchaser of the share is investing $13.72 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 5.93%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 3.4% and positive 11.7% for the next.
2. The Pennant Group (PNTG)
24.2% sales growth and 13.14% return on equity
The Pennant Group, Inc. provides healthcare services in the United States. It operates in two segments, Home Health and Hospice Services, and Senior Living Services. The company offers home health services, including clinical services, such as nursing, speech, occupational and physical therapy, medical social work, and home health aide services; and hospice services comprising clinical care, education, and counseling services for the physical, spiritual, and psychosocial needs of terminally ill patients and their families. It also provides senior living services, such as residential accommodations, activities, meals, housekeeping, and assistance in the activities of daily living to seniors, who are independent or who require some support. As of December 31, 2021, the company operated 88 home health and hospice agencies, and 54 senior living communities with 4127 Senior Living units in Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The Pennant Group, Inc. was incorporated in 2019 and is headquartered in Eagle, Idaho.
Earnings Per Share
As for profitability, The Pennant Group has a trailing twelve months EPS of $0.64.
PE Ratio
The Pennant Group has a trailing twelve months price to earnings ratio of 54.36. Meaning, the purchaser of the share is investing $54.36 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 13.14%.
Yearly Top and Bottom Value
The Pennant Group’s stock is valued at $34.79 at 16:22 EST, under its 52-week high of $37.13 and way above its 52-week low of $10.46.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 15% and 13.6%, respectively.
Sales Growth
The Pennant Group’s sales growth is 25% for the current quarter and 24.2% for the next.
3. Evertec (EVTC)
14% sales growth and 13.29% return on equity
EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean. The company operates through Payment Services – Puerto Rico & Caribbean; Payment Services – Latin America; Merchant Acquiring; Business Solutions, and Corporate and Other segments. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The company also offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; and EBT services. In addition, it provides business process management solutions comprising core bank processing, network hosting and management, IT consulting, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. Further, the company owns and operates the ATH network, an automated teller machine and personal identification number debit networks. It manages a system of electronic payment networks that process approximately three billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.
Earnings Per Share
As for profitability, Evertec has a trailing twelve months EPS of $1.05.
PE Ratio
Evertec has a trailing twelve months price to earnings ratio of 31.65. Meaning, the purchaser of the share is investing $31.65 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 13.29%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 29, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 0.6%.
Volume
Today’s last reported volume for Evertec is 63103 which is 84.23% below its average volume of 400342.
Moving Average
Evertec’s worth is under its 50-day moving average of $33.27 and below its 200-day moving average of $36.05.
4. EnLink Midstream, LLC (ENLC)
13.5% sales growth and 10.81% return on equity
EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 22 natural gas processing plants;7 fractionators with approximately 320,000 barrels per day; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, EnLink Midstream, LLC has a trailing twelve months EPS of $0.3.
PE Ratio
EnLink Midstream, LLC has a trailing twelve months price to earnings ratio of 48.67. Meaning, the purchaser of the share is investing $48.67 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 10.81%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.2%, now sitting on 6.83B for the twelve trailing months.
Moving Average
EnLink Midstream, LLC’s value is above its 50-day moving average of $14.03 and above its 200-day moving average of $13.28.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 1, 2024, the estimated forward annual dividend rate is 0.53 and the estimated forward annual dividend yield is 3.63%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 150% and 57.1%, respectively.
5. United Fire Group (UFCS)
9% sales growth and 5.24% return on equity
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance; and commercial multiple peril and inland marine insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and fidelity and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners. The company sells its products through a network of independent agencies. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa.
Earnings Per Share
As for profitability, United Fire Group has a trailing twelve months EPS of $1.45.
PE Ratio
United Fire Group has a trailing twelve months price to earnings ratio of 13.46. Meaning, the purchaser of the share is investing $13.46 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 5.24%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 6.5% and a drop 26.2% for the next.
Yearly Top and Bottom Value
United Fire Group’s stock is valued at $19.52 at 16:22 EST, way under its 52-week high of $25.55 and higher than its 52-week low of $18.04.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 30, 2024, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 3.28%.
