(VIANEWS) – New York Community Bancorp (NYCB), Ares Management L.P. (ARES), Sunstone Hotel Investors Sunstone Hotel Investors (SHO) 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)
50.9% sales growth and 8.19% 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 $1.18.
PE Ratio
New York Community Bancorp has a trailing twelve months price to earnings ratio of 6.25. Meaning, the purchaser of the share is investing $6.25 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 8.19%.
2. Ares Management L.P. (ARES)
31.3% sales growth and 8.94% return on equity
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.
Earnings Per Share
As for profitability, Ares Management L.P. has a trailing twelve months EPS of $0.87.
PE Ratio
Ares Management L.P. has a trailing twelve months price to earnings ratio of 95.74. Meaning, the purchaser of the share is investing $95.74 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 8.94%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 28.4%, now sitting on 3.06B for the twelve trailing months.
Yearly Top and Bottom Value
Ares Management L.P.’s stock is valued at $83.29 at 06:22 EST, under its 52-week high of $87.50 and way higher than its 52-week low of $53.15.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 15, 2023, the estimated forward annual dividend rate is 3.08 and the estimated forward annual dividend yield is 3.68%.
3. Sunstone Hotel Investors Sunstone Hotel Investors (SHO)
30.2% sales growth and 10.06% return on equity
Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 19 hotels comprised of 9,997 rooms. Sunstone's business is to acquire, own, asset manage and renovate or reposition hotels considered to be Long-Term Relevant Real Estate®, the majority of which are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt.
Earnings Per Share
As for profitability, Sunstone Hotel Investors Sunstone Hotel Investors has a trailing twelve months EPS of $-1.44.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.06%.
4. Ares Capital (ARCC)
26.9% sales growth and 6.51% return on equity
Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.
Earnings Per Share
As for profitability, Ares Capital has a trailing twelve months EPS of $3.46.
PE Ratio
Ares Capital has a trailing twelve months price to earnings ratio of 5.01. Meaning, the purchaser of the share is investing $5.01 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 6.51%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21%, now sitting on 2.1B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 13, 2023, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 9.69%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 38.1% and 28.3%, respectively.
Yearly Top and Bottom Value
Ares Capital’s stock is valued at $17.35 at 06:22 EST, way below its 52-week high of $22.65 and above its 52-week low of $16.53.
Previous days news about Ares Capital(ARCC)
- According to Zacks on Wednesday, 15 March, "Some better-ranked stocks in the broader finance space are Euronet Worldwide, Inc. (EEFT Quick QuoteEEFT – Free Report) , Arthur J. Gallagher & Co. (AJG Quick QuoteAJG – Free Report) and Ares Capital Corporation (ARCC Quick QuoteARCC – Free Report) , each carrying a Zacks Rank #2 (Buy) at present. "
5. Avid Bioservices (CDMO)
24.3% sales growth and 101.81% return on equity
Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices (CGMP) clinical and commercial manufacturing services focused on biopharmaceutical drug substances derived from mammalian cell culture. It produces monoclonal antibodies and recombinant proteins; and offers services, including CGMP clinical and commercial drug substance manufacturing, purification, bulk packaging, release and stability testing, and regulatory submission and support. The company also provides various process development services, such as upstream and downstream development and optimization, analytical methods development, testing, and characterization. It serves biotechnology and pharmaceutical companies. Avid Bioservices, Inc. has a process development and manufacturing agreement with Oragenics, Inc. to develop coronavirus vaccine. The company was formerly known as Peregrine Pharmaceuticals, Inc. and changed its name to Avid Bioservices, Inc. in January 2018. Avid Bioservices, Inc. was founded in 1981 and is headquartered in Tustin, California.
Earnings Per Share
As for profitability, Avid Bioservices has a trailing twelve months EPS of $1.69.
PE Ratio
Avid Bioservices has a trailing twelve months price to earnings ratio of 10.12. Meaning, the purchaser of the share is investing $10.12 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 101.81%.
Yearly Top and Bottom Value
Avid Bioservices’s stock is valued at $17.11 at 06:22 EST, way under its 52-week high of $22.38 and way above its 52-week low of $11.30.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Avid Bioservices’s EBITDA is -1.56.
Volume
Today’s last reported volume for Avid Bioservices is 377501 which is 30.52% below its average volume of 543333.
Sales Growth
Avid Bioservices’s sales growth is 15.3% for the current quarter and 24.3% for the next.
6. City Holding Company (CHCO)
22.1% sales growth and 16.21% return on equity
City Holding Company operates as a holding company for City National Bank of West Virginia that provides various banking, trust and investment management, and other financial solutions in the United States. The company offers checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts. It also provides commercial and industrial loans that consist of loans to corporate and other legal entity borrowers primarily in small to mid-size industrial and commercial companies; commercial real estate loans comprising commercial mortgages, which are secured by nonresidential and multi-family residential properties; residential real estate loans to consumers for the purchase or refinance of residence; first-priority home equity loans; consumer loans that are secured and unsecured by automobiles, boats, recreational vehicles, certificates of deposit, and other personal property; and demand deposit account overdrafts. In addition, the company offers mortgage banking services, including fixed and adjustable-rate mortgages, construction financing, land loans, production of conventional and government insured mortgages, secondary marketing, and mortgage servicing. Further, it provides deposit services for commercial customers comprising treasury management, lockbox, and other cash management services; merchant credit card services; wealth management, trust, investment, and custodial services for commercial and individual customers; and corporate trust and institutional custody, financial and estate planning, and retirement plan services, as well as automated-teller-machine, interactive-teller-machine, mobile banking, interactive voice response systems, and credit and debit card services. The company operates through a network of 94 branches and 905 full-time equivalent associates in West Virginia, Virginia, Kentucky, and Ohio. City Holding Company was founded in 1957 and is headquartered in Charleston, West Virginia.
Earnings Per Share
As for profitability, City Holding Company has a trailing twelve months EPS of $5.02.
PE Ratio
City Holding Company has a trailing twelve months price to earnings ratio of 18.62. Meaning, the purchaser of the share is investing $18.62 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 16.21%.
7. Heico Corporation (HEI)
20.8% sales growth and 14.14% return on equity
HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio frequency (RF) interference shielding and suppression filters; power conversion and interface products; interconnection devices; power electronics; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; harsh environment connectivity products and custom molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; silicone products; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; embedded computing solutions; test sockets and adapters; and radiation assurance services. The company was founded in 1957 and is headquartered in Hollywood, Florida.
Earnings Per Share
As for profitability, Heico Corporation has a trailing twelve months EPS of $1.91.
PE Ratio
Heico Corporation has a trailing twelve months price to earnings ratio of 85.8. Meaning, the purchaser of the share is investing $85.8 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 14.14%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 3, 2023, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 0.11%.
8. Energy Transfer (ET)
9.8% sales growth and 14.67% return on equity
Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Energy Transfer has a trailing twelve months EPS of $-0.24.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.67%.
Volume
Today’s last reported volume for Energy Transfer is 27450200 which is 100.88% above its average volume of 13665000.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 5, 2023, the estimated forward annual dividend rate is 1.22 and the estimated forward annual dividend yield is 9.55%.
Yearly Top and Bottom Value
Energy Transfer’s stock is valued at $11.86 at 06:22 EST, way under its 52-week high of $13.67 and way above its 52-week low of $9.15.
Sales Growth
Energy Transfer’s sales growth is 27.6% for the ongoing quarter and 9.8% for the next.
Previous days news about Energy Transfer(ET)
- According to Zacks on Wednesday, 15 March, "Investors interested in the energy sector might look at some better-ranked stocks like NGL Energy Partners (NGL Quick QuoteNGL – Free Report) ), sporting a Zacks Rank #1 (Strong Buy), and Energy Transfer (ET Quick QuoteET – Free Report) and Helix Energy Solutions Group (HLX Quick QuoteHLX – Free Report) , each holding a Zacks Rank #2 (Buy). "
- According to Zacks on Tuesday, 14 March, "Better-ranked players in the energy space include Energy Transfer LP (ET Quick QuoteET – Free Report) , Marathon Petroleum Corp (MPC Quick QuoteMPC – Free Report) and Antero Midstream Corporation (AM Quick QuoteAM – Free Report) . ", "Over the past 60 days, Energy Transfer has witnessed upward earnings estimate revisions for 2023 and 2024."
- According to Zacks on Monday, 13 March, "Investors interested in the energy sector might also look at some better-ranked stocks like NGL Energy Partners (NGL Quick QuoteNGL – Free Report) ), sporting a Zacks Rank #1 (Strong Buy), and Energy Transfer (ET Quick QuoteET – Free Report) and Helix Energy Solutions Group (HLX Quick QuoteHLX – Free Report) , both holding a Zacks Rank #2 (Buy). ", "In comparison, its industry has an average forward P/E of 9.40, which means Energy Transfer LP is trading at a discount to the group."
- According to Zacks on Monday, 13 March, "In comparison, its industry has an average forward P/E of 9.40, which means Energy Transfer LP is trading at a discount to the group."
- According to Zacks on Tuesday, 14 March, "Investors interested in the energy sector might look at some better-ranked stocks like NGL Energy Partners (NGL Quick QuoteNGL – Free Report) ), sporting a Zacks Rank #1 (Strong Buy), and Energy Transfer (ET Quick QuoteET – Free Report) and Helix Energy Solutions Group (HLX Quick QuoteHLX – Free Report) , both holding a Zacks Rank #2 (Buy), at present. "
