(VIANEWS) – New York Community Bancorp (NYCB), Discover Financial Services (DFS), EMCOR Group (EME) 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)
126.3% sales growth and 28.27% return on equity
New York Community Bancorp, Inc. operates as a bank holding company for New York Community Bank that provides banking products and services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products, including interest-bearing checking and money market, savings, non-interest-bearing, and individual retirement accounts, as well as certificates of deposit. It also provides multi-family loans; commercial real estate loans; specialty finance loans and leases, and other commercial and industrial loans; acquisition, development, and construction loans; one-to-four family loans; and consumer loans. In addition, the company offers annuities, life and long-term care insurance products, and mutual funds; cash management products; and online, mobile, and phone banking services. It primarily serves individuals, small and mid-size businesses, and professional associations through a network of 238 community bank branches and 348 ATM locations. 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 Westbury, New York.
Earnings Per Share
As for profitability, New York Community Bancorp has a trailing twelve months EPS of $3.82.
PE Ratio
New York Community Bancorp has a trailing twelve months price to earnings ratio of 2.86. Meaning, the purchaser of the share is investing $2.86 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 28.27%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 4, 2023, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 6.23%.
Moving Average
New York Community Bancorp’s worth is way above its 50-day moving average of $9.10 and way above its 200-day moving average of $9.26.
2. Discover Financial Services (DFS)
17.4% sales growth and 29.74% return on equity
Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; private student loans, personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts. The Payment Services segment operates the PULSE, an automated teller machine, debit, and electronic funds transfer network; and Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services, as well as offers payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.
Earnings Per Share
As for profitability, Discover Financial Services has a trailing twelve months EPS of $14.86.
PE Ratio
Discover Financial Services has a trailing twelve months price to earnings ratio of 6.93. Meaning, the purchaser of the share is investing $6.93 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 29.74%.
Yearly Top and Bottom Value
Discover Financial Services’s stock is valued at $102.98 at 20:22 EST, way under its 52-week high of $119.91 and way above its 52-week low of $87.64.
Sales Growth
Discover Financial Services’s sales growth is 20.2% for the ongoing quarter and 17.4% for the next.
Moving Average
Discover Financial Services’s worth is above its 50-day moving average of $99.68 and higher than its 200-day moving average of $102.61.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 23, 2023, the estimated forward annual dividend rate is 2.8 and the estimated forward annual dividend yield is 2.94%.
3. EMCOR Group (EME)
10.5% sales growth and 21.14% return on equity
EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services primarily in the United States and the United Kingdom. It offers design, integration, installation, starts-up, operation, and maintenance services related to electrical power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation in the refining, chemical processing, and food processing industries; low-voltage systems, such as fire alarm, security, and process control systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services. The company also provides building services that cover commercial and government site-based operations and maintenance; facility management, maintenance, and services; outage services to utilities and industrial plants; military base operations support services; mobile mechanical maintenance and services; services for indoor air quality; floor care and janitorial services; landscaping, lot sweeping, and snow removal services; vendor management and call center services; installation and support for building systems; program development, management, and maintenance for energy systems; technical consulting and diagnostic services; infrastructure and building projects; small modification and retrofit projects; and other building services. It offers industrial services to oil, gas, and petrochemical industries. EMCOR Group, Inc. was incorporated in 1987 and is headquartered in Norwalk, Connecticut.
Earnings Per Share
As for profitability, EMCOR Group has a trailing twelve months EPS of $9.02.
PE Ratio
EMCOR Group has a trailing twelve months price to earnings ratio of 18.29. Meaning, the purchaser of the share is investing $18.29 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 21.14%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 18.6% and 14.8%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
EMCOR Group’s EBITDA is 0.75.
Moving Average
EMCOR Group’s worth is higher than its 50-day moving average of $161.10 and way above its 200-day moving average of $144.23.
Previous days news about EMCOR Group(EME)
- Zacks.com featured highlights national beverage, veritiv, UFP industries, emcor group and w.w. grainger. According to Zacks on Tuesday, 30 May, "Chicago, IL - May 30, 2023 - Stocks in this week’s article are National Beverage (FIZZ Quick QuoteFIZZ – Free Report) , Veritiv (VRTV Quick QuoteVRTV – Free Report) , UFP Industries (UFPI Quick QuoteUFPI – Free Report) , EMCOR Group (EME Quick QuoteEME – Free Report) and W.W. Grainger (GWW Quick QuoteGWW – Free Report) .", "EMCOR Group: Zacks Rank #2 EMCOR Group Is one of the leading providers of mechanical and electrical construction, industrial and energy infrastructure, as well as building services for a diverse range of businesses."
4. Middlesex Water Company (MSEX)
8.4% sales growth and 9.22% 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 $2.04.
PE Ratio
Middlesex Water Company has a trailing twelve months price to earnings ratio of 38.77. Meaning, the purchaser of the share is investing $38.77 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 9.22%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.4%, now sitting on 164.39M for the twelve trailing months.
Yearly Top and Bottom Value
Middlesex Water Company’s stock is valued at $79.09 at 20:22 EST, way below its 52-week high of $96.19 and way higher than its 52-week low of $66.51.
5. FVCBankcorp (FVCB)
6.3% sales growth and 9.38% return on equity
FVCBankcorp, Inc. operates as the holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, checking and savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; SBA loans; asset based loans and accounts receivable financing; home equity loans; and consumer loans. In addition, it offers business and consumer credit cards; merchant services; business insurance products; and online banking, remote deposit, and mobile banking services. The company serves the banking needs of commercial businesses, nonprofit organizations, professional service entities, and their respective owners and employees located in the greater Washington, D.C. and Baltimore metropolitan areas. FVCBankcorp, Inc. operates through a main office in Fairfax, Virginia. It also operates a network of 11 additional branch offices in Arlington, Virginia; Ashburn, Loudoun County, Virginia; the independent city of Manassas, Virginia; Reston, Fairfax County, Virginia; Springfield, Fairfax County, Virginia; and Montgomery County and Baltimore, Maryland, a loan production office in Lutherville, Maryland. FVCBankcorp, Inc. was founded in 2007 and is headquartered in Fairfax, Virginia.
Earnings Per Share
As for profitability, FVCBankcorp has a trailing twelve months EPS of $0.99.
PE Ratio
FVCBankcorp has a trailing twelve months price to earnings ratio of 8.61. Meaning, the purchaser of the share is investing $8.61 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 9.38%.
Sales Growth
FVCBankcorp’s sales growth is 5.1% for the present quarter and 6.3% for the next.
Yearly Top and Bottom Value
FVCBankcorp’s stock is valued at $8.52 at 20:22 EST, way below its 52-week high of $16.75 and higher than its 52-week low of $8.30.
6. MYR Group (MYRG)
6.3% sales growth and 15.42% return on equity
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates through two segments, Transmission and Distribution, and Commercial and Industrial. The company's Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry. Its services include construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, and renewable power facilities; and limited gas construction services, as well as emergency restoration services in response to hurricane, ice, or other storm related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. Its Commercial and Industrial segment provides services, such as design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting. This segment offers its services for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. It serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Henderson, Colorado.
Earnings Per Share
As for profitability, MYR Group has a trailing twelve months EPS of $5.12.
PE Ratio
MYR Group has a trailing twelve months price to earnings ratio of 25.64. Meaning, the purchaser of the share is investing $25.64 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 15.42%.
