(VIANEWS) – New Residential Investment (NRZ), Atlantic Union Bankshares Corporation (AUB), Allegheny Technologies Incorporated (ATI) 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. New Residential Investment (NRZ)
31.5% sales growth and 13.32% return on equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.32%.
Moving Average
New Residential Investment’s worth is under its 50-day moving average of $10.47 and under its 200-day moving average of $10.77.
2. Atlantic Union Bankshares Corporation (AUB)
24.9% sales growth and 6.8% return on equity
Atlantic Union Bankshares Corporation operates as the bank holding company for Atlantic Union Bank that provides banking and related financial products and services to consumers and businesses in the United States. It operates in two segments, Wholesale Banking and Consumer Banking. The company accepts various deposit products, including checking, savings, time deposit, and money market accounts; certificates of deposit; and other depository services. It also provides loans for commercial, industrial, residential mortgage, and consumer purposes, as well as debit and credit cards. In addition, it provides treasury management and capital market, wealth management, private banking, trust, financial and retirement planning, brokerage, investment management, equipment finance, mortgage banking, and insurance products and services. The company offers products and services through full-service branches and ATMs, as well as through its mobile and internet banking. The company was formerly known as Union Bankshares Corporation and changed its name to Atlantic Union Bankshares Corporation in May 2019. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Glen Allen, Virginia.
Earnings Per Share
As for profitability, Atlantic Union Bankshares Corporation has a trailing twelve months EPS of $2.24.
PE Ratio
Atlantic Union Bankshares Corporation has a trailing twelve months price to earnings ratio of 17.24. Meaning, the purchaser of the share is investing $17.24 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 6.8%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 2.5% and 7.7%, respectively.
3. Allegheny Technologies Incorporated (ATI)
12.5% sales growth and 28.61% return on equity
Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. The company operates in two segments, High Performance Materials & Components and Advanced Alloys & Solutions. The company produces high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium; powder alloys; and other specialty materials in long product forms of ingots, billets, bars, rods, wires, and shapes and rectangles, as well as seamless tubes, plus precision forgings, castings, components, and machined parts to the aerospace and defense, medical, oil and gas, and electrical energy markets. It also provides stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various product forms, including plate, sheet, and precision rolled strip products to various markets, such as chemical and hydrocarbon processing,. Allegheny Technologies Incorporated was founded in 1960 and is based in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, Allegheny Technologies Incorporated has a trailing twelve months EPS of $2.65.
PE Ratio
Allegheny Technologies Incorporated has a trailing twelve months price to earnings ratio of 22.46. Meaning, the purchaser of the share is investing $22.46 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 28.61%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.7%, now sitting on 4.23B for the twelve trailing months.
4. RadNet (RDNT)
10.3% sales growth and 4.58% return on equity
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems for the diagnostic imaging industry, including picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretation of images in the field of mammography, as well as AI solutions for lung and prostate cancer. As of December 31, 2021, it owned and managed 347 centers in Arizona, California, Delaware, Florida, Maryland, New Jersey, and New York. The company was founded in 1981 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, RadNet has a trailing twelve months EPS of $0.18.
PE Ratio
RadNet has a trailing twelve months price to earnings ratio of 385.22. Meaning, the purchaser of the share is investing $385.22 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 4.58%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 14.3% and 5%, respectively.
Yearly Top and Bottom Value
RadNet’s stock is valued at $69.34 at 20:22 EST, under its 52-week high of $70.37 and way higher than its 52-week low of $25.11.
Sales Growth
RadNet’s sales growth is 8.8% for the current quarter and 10.3% for the next.
5. Northern Technologies International Corporation (NTIC)
5.7% sales growth and 8.41% return on equity
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company also provides a portfolio of biobased and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site and technical consulting for rust and corrosion prevention issues. The company sells its products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets through direct sales force, network of independent distributors and agents, manufacturer's sales representatives, strategic partners, and joint venture. Northern Technologies International Corporation was founded in 1970 and is headquartered in Circle Pines, Minnesota.
Earnings Per Share
As for profitability, Northern Technologies International Corporation has a trailing twelve months EPS of $0.46.
PE Ratio
Northern Technologies International Corporation has a trailing twelve months price to earnings ratio of 27.65. Meaning, the purchaser of the share is investing $27.65 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 8.41%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 31, 2024, the estimated forward annual dividend rate is 0.28 and the estimated forward annual dividend yield is 2.2%.
Volume
Today’s last reported volume for Northern Technologies International Corporation is 14579 which is 71.03% below its average volume of 50339.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.4%, now sitting on 82.42M for the twelve trailing months.
Moving Average
Northern Technologies International Corporation’s value is below its 50-day moving average of $12.93 and below its 200-day moving average of $14.13.
