(VIANEWS) – New York Community Bancorp (NYCB), Sotherly Hotels (SOHO), Middlesex Water Company (MSEX) 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 York Community Bancorp (NYCB)
114.1% sales growth and 30.67% return on equity
New York Community Bancorp, Inc. operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit. Its loan products comprise multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and leases; warehouse loans; and other loans, such as home equity lines of credit, boat and recreational vehicle indirect lending, point of sale consumer loans, and other consumer loans, including overdraft loans. The company also offers cash management products; non-deposit investment and insurance products; and online banking, mobile banking, and bank-by-phone services. It primarily serves individuals, small and mid-size businesses, and professional associations. The company was formerly known as Queens County Bancorp, Inc. and changed its name to New York Community Bancorp, Inc. in November 2000. New York Community Bancorp, Inc. was founded in 1859 and is headquartered in Hicksville, New York.
Earnings Per Share
As for profitability, New York Community Bancorp has a trailing twelve months EPS of $3.97.
PE Ratio
New York Community Bancorp has a trailing twelve months price to earnings ratio of 2.8. Meaning, the purchaser of the share is investing $2.8 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 30.67%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 16.1% and 36%, respectively.
Sales Growth
New York Community Bancorp’s sales growth is 138.9% for the current quarter and 114.1% for the next.
Yearly Top and Bottom Value
New York Community Bancorp’s stock is valued at $11.13 at 20:22 EST, way under its 52-week high of $14.22 and way higher than its 52-week low of $5.81.
2. Sotherly Hotels (SOHO)
14.4% sales growth and 28.02% return on equity
Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Company's portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, as well as interests in two condominium hotels and their associated rental programs. The Company owns hotels that operate under the Hilton Worldwide, Hyatt Hotels Corporation, and Marriott International, Inc. brands, as well as independent hotels. Sotherly Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia.
Earnings Per Share
As for profitability, Sotherly Hotels has a trailing twelve months EPS of $0.29.
PE Ratio
Sotherly Hotels has a trailing twelve months price to earnings ratio of 6.31. Meaning, the purchaser of the share is investing $6.31 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 28.02%.
Yearly Top and Bottom Value
Sotherly Hotels’s stock is valued at $1.83 at 20:22 EST, way below its 52-week high of $2.50 and way above its 52-week low of $1.63.
Moving Average
Sotherly Hotels’s worth is way under its 50-day moving average of $2.07 and under its 200-day moving average of $2.01.
3. Middlesex Water Company (MSEX)
12.8% sales growth and 9.29% return on equity
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
Earnings Per Share
As for profitability, Middlesex Water Company has a trailing twelve months EPS of $2.09.
PE Ratio
Middlesex Water Company has a trailing twelve months price to earnings ratio of 31.7. Meaning, the purchaser of the share is investing $31.7 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 9.29%.
Yearly Top and Bottom Value
Middlesex Water Company’s stock is valued at $66.25 at 20:22 EST, way below its 52-week high of $95.82 and above its 52-week low of $65.43.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Middlesex Water Company’s EBITDA is 9.33.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 9, 2023, the estimated forward annual dividend rate is 1.25 and the estimated forward annual dividend yield is 1.86%.
4. Live Nation Entertainment (LYV)
6.7% sales growth and 70.18% return on equity
Live Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues; operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients for tickets and event information through its primary websites livenation.com and ticketmaster.com, as well as through other websites, mobile apps, retail outlets, and call centers; and provides ticket resale services. This segment sells tickets for its events and third-party clients in various live event categories; offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage and promotional programs; rich media offering that comprise advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. It owns, operates, or leases entertainment venues in North America and internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.
Earnings Per Share
As for profitability, Live Nation Entertainment has a trailing twelve months EPS of $1.13.
PE Ratio
Live Nation Entertainment has a trailing twelve months price to earnings ratio of 73.48. Meaning, the purchaser of the share is investing $73.48 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 70.18%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 8.6% and a negative 8%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Live Nation Entertainment’s EBITDA is 1.03.
Previous days news about Live Nation Entertainment(LYV)
- According to Zacks on Thursday, 28 September, "Some better-ranked stocks in the broader Consumer Discretionary sector are IMAX Corporation (IMAX Quick QuoteIMAX – Free Report) , JAKKS Pacific (JAKK Quick QuoteJAKK – Free Report) and Live Nation Entertainment (LYV Quick QuoteLYV – Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. ", "Shares of Live Nation Entertainment have climbed 16.2% in the year-to-date period. "
- According to Zacks on Wednesday, 27 September, "We have highlighted three better-ranked stocks from the Consumer Staple sector, namely GIII Apparel Group (GIII Quick QuoteGIII – Free Report) , Guess (GES Quick QuoteGES – Free Report) and Live Nation Entertainment (LYV Quick QuoteLYV – Free Report) .GIII Apparel currently sports a Zacks Rank #1 (Strong Buy). "
