(VIANEWS) – New Residential Investment (NRZ), Extra Space Storage (EXR), Southwest Airlines (LUV) 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 153.8%, now sitting on 3.01B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 19.4% and a drop 15.9% for the next.
Moving Average
New Residential Investment’s value is under its 50-day moving average of $10.47 and under its 200-day moving average of $10.77.
2. Extra Space Storage (EXR)
29.9% sales growth and 22.19% return on equity
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2023, the Company owned and/or operated 2,438 self-storage stores in 41 states and Washington, D.C. The Company's stores comprise approximately 1.7 million units and approximately 184.0 million square feet of rentable space. With the completed Life Storage Merger on July 20, 2023, Extra Space currently has over 3,500 locations under the Extra Space, Life Storage and Storage Express brands, and it is the largest operator of self-storage properties in the United States. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage.
Earnings Per Share
As for profitability, Extra Space Storage has a trailing twelve months EPS of $6.13.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 19.22. Meaning, the purchaser of the share is investing $19.22 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 22.19%.
Volume
Today’s last reported volume for Extra Space Storage is 455838 which is 77.15% below its average volume of 1995440.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Extra Space Storage’s EBITDA is 71.42.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 2.07B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 30.9% and a negative 12.5%, respectively.
3. Southwest Airlines (LUV)
10.1% sales growth and 5.3% return on equity
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2022, the company operated a total fleet of 770 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment portal and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Southwest Airlines has a trailing twelve months EPS of $0.91.
PE Ratio
Southwest Airlines has a trailing twelve months price to earnings ratio of 27.74. Meaning, the purchaser of the share is investing $27.74 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 5.3%.
Previous days news about Southwest Airlines(LUV)
- Southwest airlines (luv) stock moves -0.31%: what you should know. According to Zacks on Friday, 13 October, "From a valuation perspective, Southwest Airlines is currently exchanging hands at a Forward P/E ratio of 14.95. ", "In the latest market close, Southwest Airlines (LUV Quick QuoteLUV – Free Report) reached $25.37, with a -0.31% movement compared to the previous day. "
4. Eagle Point Credit Company (ECC)
9.4% sales growth and 8.66% return on equity
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eagle Point Credit Company has a trailing twelve months EPS of $1.09.
PE Ratio
Eagle Point Credit Company has a trailing twelve months price to earnings ratio of 9.19. Meaning, the purchaser of the share is investing $9.19 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 8.66%.
Sales Growth
Eagle Point Credit Company’s sales growth is 10.6% for the current quarter and 9.4% for the next.
Moving Average
Eagle Point Credit Company’s worth is under its 50-day moving average of $10.24 and under its 200-day moving average of $10.63.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 19.5% and a negative 8.1%, respectively.
Yearly Top and Bottom Value
Eagle Point Credit Company’s stock is valued at $10.02 at 06:22 EST, way under its 52-week high of $11.79 and higher than its 52-week low of $9.72.
5. Incyte Corporation (INCY)
9.3% sales growth and 8.31% return on equity
Incyte Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics for hematology/oncology, and inflammation and autoimmunity areas in the United States, Europe, Japan, and internationally. The company offers JAKAFI (ruxolitinib), for the treatment of adults with intermediate or high-risk myelofibrosis; MONJUVI (tafasitamab-cxix)/MINJUVI (tafasitamab), for the treatment of adult patients with relapsed or refractory diffuse large B-cell lymphoma; PEMAZYRE (pemigatinib), a fibroblast growth factor receptor kinase inhibitor that act as oncogenic drivers in various liquid and solid tumor types; and ICLUSIG, a kinase inhibitor to treat chronic myeloid leukemia and philadelphia-chromosome positive acute lymphoblastic leukemia. Its clinical stage products include axatilimab, an anti-CSF-1R monoclonal antibody being developed as a therapy for patients with chronic GVHD as well as in additional immune-mediated diseases; and parsaclisib, a PI3Kd inhibitor which is in Phase II clinical trial for follicular lymphoma, marginal zone lymphoma, and mantel cell lymphoma. It also develops retifanlimab, is in Phase III clinical trials for squamous cell carcinoma of the anal canal and non-small cell lung cancer, and Fast Track designation for the treatment of metastatic MSI-H or DNA mismatch repair (dMMR) endometrial cancer; and INCB99280 and INCB99318 currently under Phase I for the treatment solid tumors. It has collaboration out- license agreements with Novartis, Lilly, Innovent, InnoCare, Maruho, and CMS Aesthetics Limited; and in- license agreements with Agenus, Merus, MacroGenics, Syros, MorphoSys, and Syndax. The company was incorporated in 1991 and is headquartered in Wilmington, Delaware.
Earnings Per Share
As for profitability, Incyte Corporation has a trailing twelve months EPS of $1.62.
PE Ratio
Incyte Corporation has a trailing twelve months price to earnings ratio of 35.43. Meaning, the purchaser of the share is investing $35.43 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 8.31%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Incyte Corporation’s EBITDA is 36.28.
6. Northeast Community Bancorp (NECB)
7.8% sales growth and 14.5% return on equity
Northeast Community Bancorp, Inc. operates as the holding company for Northeast Community Bank that provides various financial services to consumers and businesses. The company accepts deposit products, such as checking, money market, savings, and individual retirement accounts, as well as certificates of deposit. Its loan products include multi-family, mixed-use, and real estate loans; commercial and industrial loans; construction loans; consumer loans; passbook, term, small business administration, and cooperative building loans; and revolving lines of credit. The company also offers various ATM/debit, credit, and gift cards; and investment advisory and financial planning, direct and remote deposit, wire transfer, automated clearing house, credit card merchant, coin and currency, and cash management services, as well as Internet, mobile, and telephone banking services. It operates three full-service branches in New York; three full-service branches in Massachusetts; one full service branch in Rockland County; two full service branch offices in Orange County; and a loan production office in New City, New York. The company was founded in 1934 and is headquartered in White Plains, New York. Northeast Community Bancorp, Inc. is a subsidiary of Northeast Community Bancorp, MHC.
Earnings Per Share
As for profitability, Northeast Community Bancorp has a trailing twelve months EPS of $2.56.
PE Ratio
Northeast Community Bancorp has a trailing twelve months price to earnings ratio of 5.77. Meaning, the purchaser of the share is investing $5.77 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 14.5%.
7. Capital City Bank Group (CCBG)
6.3% sales growth and 12.98% return on equity
Capital City Bank Group, Inc. operates as the financial holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services. It also provides commercial and residential real estate lending products, as well as fixed- and adjustable-rate residential mortgage loans; personal, automobile, boat/RV, and home equity loans; and credit card programs. In addition, the company offers institutional banking services, including customized checking and savings accounts, cash management systems, tax-exempt loans, lines of credit, and term loans to meet the needs of state and local governments, public schools and colleges, charities, membership, and not-for-profit associations. Further, it provides consumer banking services comprising checking accounts, savings programs, interactive/automated teller machines, debit/credit cards, night deposit services, safe deposit facilities, and online and mobile banking services. Additionally, the company provides asset management for individuals through agency, personal trust, IRA, and personal investment management accounts; and various retail securities products, such as the U.S. government bonds, tax-free municipal bonds, stocks, mutual funds, unit investment trusts, annuities, life insurance, and long-term health care. As of December 31, 2021, it operated through 57 banking offices and 86 ATMs/ITMs in Florida, Georgia, and Alabama. The company was founded in 1895 and is headquartered in Tallahassee, Florida.
Earnings Per Share
As for profitability, Capital City Bank Group has a trailing twelve months EPS of $3.08.
PE Ratio
Capital City Bank Group has a trailing twelve months price to earnings ratio of 9.52. Meaning, the purchaser of the share is investing $9.52 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 12.98%.
Yearly Top and Bottom Value
Capital City Bank Group’s stock is valued at $29.31 at 06:22 EST, way below its 52-week high of $36.86 and higher than its 52-week low of $28.03.
Moving Average
Capital City Bank Group’s worth is below its 50-day moving average of $30.95 and below its 200-day moving average of $31.36.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 25.4% and 20.6%, respectively.
8. American States Water Company (AWR)
5.3% sales growth and 16.17% return on equity
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of December 31, 2020, it provided water service to approximately 261,796 customers located throughout 10 counties in the State of California; and distributed electricity to approximately 24,545 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was founded in 1929 and is headquartered in San Dimas, California.
Earnings Per Share
As for profitability, American States Water Company has a trailing twelve months EPS of $3.16.
PE Ratio
American States Water Company has a trailing twelve months price to earnings ratio of 25.1. Meaning, the purchaser of the share is investing $25.1 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 16.17%.
Sales Growth
American States Water Company’s sales growth is 6.3% for the ongoing quarter and 5.3% for the next.
Volume
Today’s last reported volume for American States Water Company is 144285 which is 33.14% below its average volume of 215823.
