New Residential Investment And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – New Residential Investment (NRZ), Priority Technology Holdings (PRTH), Churchill Downs (CHDN) 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%.

Sales Growth

New Residential Investment’s sales growth is negative 5.3% for the current quarter and 31.5% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 31, 2022, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 9.21%.

2. Priority Technology Holdings (PRTH)

18.1% sales growth and 3.76% return on equity

Priority Technology Holdings, Inc. operates as a payment technology company in the United States. It operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business Payments, and Enterprise Payments. The company offers MX product line, including MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing as our leverage point. It also offers CPX, a platform that offers accounts payable automation solutions, including virtual card, purchase card, ACH +, dynamic discounting, or check. In addition, the company provides curated managed services and a suite of integrated accounts payable automation solutions to various financial institutions and card networks; and payment-adjacent technologies to facilitate the acceptance of electronic payments from customers. Further, it offers embedded payment and banking solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments; and managed services solutions that provide audience-specific programs for institutional partners and other third parties; and consulting and development solutions. The company serves SMB, and enterprises, as well as distribution partners, including retail and wholesale independent sales organizations, financial institutions, and independent software vendors. Priority Technology Holdings, Inc. was founded in 2005 and is headquartered in Alpharetta, Georgia.

Earnings Per Share

As for profitability, Priority Technology Holdings has a trailing twelve months EPS of $-0.58.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.76%.

Moving Average

Priority Technology Holdings’s worth is way higher than its 50-day moving average of $4.36 and way higher than its 200-day moving average of $3.58.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.2%, now sitting on 776.3M for the twelve trailing months.

3. Churchill Downs (CHDN)

15.5% sales growth and 43.06% return on equity

Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; nine retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.

Earnings Per Share

As for profitability, Churchill Downs has a trailing twelve months EPS of $5.46.

PE Ratio

Churchill Downs has a trailing twelve months price to earnings ratio of 25.27. Meaning, the purchaser of the share is investing $25.27 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 43.06%.

Yearly Top and Bottom Value

Churchill Downs’s stock is valued at $137.96 at 11:22 EST, below its 52-week high of $146.64 and way above its 52-week low of $106.45.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 30, 2023, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 0.28%.

4. First Hawaiian (FHB)

13.8% sales growth and 9.18% 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 12.9. Meaning, the purchaser of the share is investing $12.9 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 9.18%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 17, 2024, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 4.64%.

5. Tetra Technologies (TTI)

11.7% sales growth and 15.52% return on equity

TETRA Technologies, Inc., together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa. This segment also markets liquid and dry calcium chloride products; and TETRA PureFlow ultra-pure zinc bromide to battery technology companies. The Water & Flowback Services segment provides water management services for onshore oil and gas operators. This segment also offers frac flowback, production well testing, and other associated services in oil and gas producing regions in the United States, as well as in various basins in Latin America, Africa, Europe, and the Middle East. TETRA Technologies, Inc. was incorporated in 1981 and is headquartered in The Woodlands, Texas.

Earnings Per Share

As for profitability, Tetra Technologies has a trailing twelve months EPS of $0.16.

PE Ratio

Tetra Technologies has a trailing twelve months price to earnings ratio of 22.5. Meaning, the purchaser of the share is investing $22.5 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 15.52%.

Sales Growth

Tetra Technologies’s sales growth is 3.4% for the present quarter and 11.7% for the next.

Moving Average

Tetra Technologies’s value is higher than its 50-day moving average of $3.58 and way under its 200-day moving average of $4.30.

Volume

Today’s last reported volume for Tetra Technologies is 754892 which is 43.26% below its average volume of 1330560.

6. Brown & Brown (BRO)

11.2% sales growth and 17.45% return on equity

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Cayman Islands, Ireland, and the United Kingdom. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The company offers builders risk, group medical and pharmaceutical, property, commercial auto, homeowners, reinsurance, crop and hail, inland marine, retirement benefit, cyber, disability, risk mitigating warranty products, directors and officers, management liability, errors and omissions, medical stop loss, term life, excess liability, personal auto, umbrella, general liability, prescription drug, workers compensation, and group dental insurance products. It also provides professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, and real estate title professionals, as well as supplementary insurance-related products for weddings, events, medical facilities, and cyber liability; homeowners and personal property policies, residential earthquake, and private passenger automobile and motorcycle coverage; commercial and public entity-related programs; and flood insurance, commercial difference-in-conditions, all-risk commercial property, coastal property programs, lender-placed solutions, sovereign Indian nations, and parcel insurance. In addition, it provides markets and sells excess and surplus commercial insurance products, such as personal lines, homeowners, yachts, jewelry, commercial property and casualty, commercial automobile, garage, restaurant, builder's risk, and inland marine lines; and third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, as well as Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.

Earnings Per Share

As for profitability, Brown & Brown has a trailing twelve months EPS of $3.24.

PE Ratio

Brown & Brown has a trailing twelve months price to earnings ratio of 28.54. Meaning, the purchaser of the share is investing $28.54 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 17.45%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 7, 2024, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 0.56%.

Volume

Today’s last reported volume for Brown & Brown is 960165 which is 16.77% below its average volume of 1153740.

7. Core Laboratories N.V. (CLB)

8.9% sales growth and 17.4% return on equity

Core Laboratories N.V. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, Canada, and internationally. The company operates in two segments, Reservoir Description and Production Enhancement. The Reservoir Description segment includes the characterization of petroleum reservoir rock, fluid, and gas samples to enhance production and improve recovery of oil and gas from its clients' reservoirs. It offers laboratory-based analytical and field services to characterize properties of crude oil and petroleum products; and proprietary and joint industry studies. The Production Enhancement segment offers services and products relating to reservoir well completions, perforations, stimulations, and production. It offers integrated diagnostic services to evaluate and monitor the effectiveness of well completions and to develop solutions to improve the effectiveness of enhanced oil recovery projects. The company markets and sells its products through a combination of sales representatives, technical seminars, trade shows, and print advertising, as well as through distributors. Core Laboratories N.V. was founded in 1936 and is based in Amstelveen, the Netherlands.

Earnings Per Share

As for profitability, Core Laboratories N.V. has a trailing twelve months EPS of $0.79.

PE Ratio

Core Laboratories N.V. has a trailing twelve months price to earnings ratio of 28.99. Meaning, the purchaser of the share is investing $28.99 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 17.4%.

Volume

Today’s last reported volume for Core Laboratories N.V. is 656109 which is 53.41% above its average volume of 427676.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1%, now sitting on 511.07M for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 3, 2024, the estimated forward annual dividend rate is 0.04 and the estimated forward annual dividend yield is 0.17%.

Moving Average

Core Laboratories N.V.’s value is way higher than its 50-day moving average of $19.37 and way higher than its 200-day moving average of $17.87.

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