(VIANEWS) – New York Community Bancorp (NYCB), Summit Financial Group (SMMF), Ryanair Holdings (RYAAY) 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 2.84. Meaning, the purchaser of the share is investing $2.84 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 maintained 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 6.15%.
Sales Growth
New York Community Bancorp’s sales growth is 112.6% for the present quarter and 126.3% for the next.
Volume
Today’s last reported volume for New York Community Bancorp is 10302900 which is 46.33% below its average volume of 19198000.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 11.4% and positive 6.5% for the next.
2. Summit Financial Group (SMMF)
35.2% sales growth and 15.89% return on equity
Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, and Shenandoah Valley and Southwestern regions of Virginia, and the Central region of Kentucky. The company's community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insurance brokerage services. As of December 31, 2020, it operated through 43 banking offices. The company was incorporated in 1987 and is headquartered in Moorefield, West Virginia.
Earnings Per Share
As for profitability, Summit Financial Group has a trailing twelve months EPS of $4.26.
PE Ratio
Summit Financial Group has a trailing twelve months price to earnings ratio of 4.9. Meaning, the purchaser of the share is investing $4.9 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 15.89%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 15.2% and a negative 4.5%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.81%.
3. Ryanair Holdings (RYAAY)
29.3% sales growth and 23.49% return on equity
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services; in-flight sale of beverages, food, duty-free, and merchandise; and marketing of car hire and accommodation services, and travel insurance through its website and mobile app. In addition, the company offers aircraft and passenger handling, ticketing, and maintenance and repair services; and markets car parking, fast-track, airport transfers, attractions, and activities on its website and mobile app, as well as sells gift vouchers. As of June 30, 2022, it had a principal fleet of approximately 483 Boeing 737 aircrafts and 29 Airbus A320 aircrafts; and offered approximately 3,000 short-haul flights per day serving approximately 225 airports. Ryanair Holdings plc was founded in 1985 and is headquartered in Swords, Ireland.
Earnings Per Share
As for profitability, Ryanair Holdings has a trailing twelve months EPS of $6.2.
PE Ratio
Ryanair Holdings has a trailing twelve months price to earnings ratio of 17.23. Meaning, the purchaser of the share is investing $17.23 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 23.49%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 57%, now sitting on 10.78B for the twelve trailing months.
Moving Average
Ryanair Holdings’s worth is higher than its 50-day moving average of $98.66 and way above its 200-day moving average of $83.95.
4. Cemex, S.A.B. de C.V. Sponsored ADR (CX)
7.7% sales growth and 5.17% return on equity
CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, and other construction materials worldwide. The company also offers various complementary construction products, including asphalt products; concrete blocks; roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products, such as rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it provides building solutions for housing projects, pavement projects, and green building consultancy services; cement trade maritime services; and information technology solutions. The company operates approximately 2,000 retail stores in approximately 600 cities. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza GarcÃa, Mexico.
Earnings Per Share
As for profitability, Cemex, S.A.B. de C.V. Sponsored ADR has a trailing twelve months EPS of $0.41.
PE Ratio
Cemex, S.A.B. de C.V. Sponsored ADR has a trailing twelve months price to earnings ratio of 16.11. Meaning, the purchaser of the share is investing $16.11 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 5.17%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Cemex, S.A.B. de C.V. Sponsored ADR’s EBITDA is 1.11.
Volume
Today’s last reported volume for Cemex, S.A.B. de C.V. Sponsored ADR is 1180600 which is 82% below its average volume of 6561540.
5. Owens (OI)
7% sales growth and 47.84% return on equity
O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. The company is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. It offers glass containers in a range of sizes, shapes, and colors. The company sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. O-I Glass, Inc. was founded in 1903 and is headquartered in Perrysburg, Ohio.
Earnings Per Share
As for profitability, Owens has a trailing twelve months EPS of $4.68.
PE Ratio
Owens has a trailing twelve months price to earnings ratio of 4.58. Meaning, the purchaser of the share is investing $4.58 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 47.84%.
Volume
Today’s last reported volume for Owens is 1675130 which is 63.93% above its average volume of 1021850.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Owens’s EBITDA is 1.09.
6. Capital One Financial (COF)
6.7% sales growth and 10.66% return on equity
Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking. The company accepts checking accounts, money market deposits, negotiable order of withdrawals, savings deposits, and time deposits. Its loan products include credit card loans; auto and retail banking loans; and commercial and multifamily real estate, and commercial and industrial loans. The company also offers credit and debit card products; online direct banking services; and treasury management and depository services. It serves consumers, small businesses, and commercial clients through digital channels, branches, cafés, and other distribution channels located in New York, Louisiana, Texas, Maryland, Virginia, New Jersey, and California. Capital One Financial Corporation was founded in 1988 and is headquartered in McLean, Virginia.
Earnings Per Share
As for profitability, Capital One Financial has a trailing twelve months EPS of $14.6.
PE Ratio
Capital One Financial has a trailing twelve months price to earnings ratio of 7.6. Meaning, the purchaser of the share is investing $7.6 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 10.66%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 11, 2023, the estimated forward annual dividend rate is 2.4 and the estimated forward annual dividend yield is 2.15%.
Sales Growth
Capital One Financial’s sales growth is 11.7% for the present quarter and 6.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 18.5%, now sitting on 27.02B for the twelve trailing months.
7. Allegiant Travel Company (ALGT)
6.1% sales growth and 5.34% return on equity
Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 14, 2022, it operated a fleet of 110 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, priority boarding, a customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Allegiant Travel Company has a trailing twelve months EPS of $3.7.
PE Ratio
Allegiant Travel Company has a trailing twelve months price to earnings ratio of 29.5. Meaning, the purchaser of the share is investing $29.5 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 5.34%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 29.9%, now sitting on 2.45B for the twelve trailing months.
Moving Average
Allegiant Travel Company’s worth is higher than its 50-day moving average of $99.57 and way higher than its 200-day moving average of $87.16.
Previous days news about Allegiant Travel Company(ALGT)
- According to Zacks on Tuesday, 13 June, "Some better-ranked stocks for investors interested in the Zacks Transportation sector are Copa Holdings, S.A. (CPA Quick QuoteCPA – Free Report) and Allegiant Travel Company (ALGT Quick QuoteALGT – Free Report) ."
- According to Zacks on Tuesday, 13 June, "Some better-ranked stocks for investors interested in the Zacks Transportation sector are Copa Holdings, S.A. (CPA Quick QuoteCPA – Free Report) and Allegiant Travel Company (ALGT Quick QuoteALGT – Free Report) . "
- According to Zacks on Thursday, 15 June, "Some better-ranked stocks for investors interested in the Zacks Transportation sector are Copa Holdings, S.A. (CPA Quick QuoteCPA – Free Report) and Allegiant Travel Company (ALGT Quick QuoteALGT – Free Report) ."
- According to Zacks on Tuesday, 13 June, "Some other top-ranked stocks for investors interested in the Zacks Transportation sector are Allegiant Travel Company (ALGT Quick QuoteALGT – Free Report) and Triton International Limited (TRTN Quick QuoteTRTN – Free Report) ."
8. Franklin Electric Co. (FELE)
5.5% sales growth and 19.06% return on equity
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.
Earnings Per Share
As for profitability, Franklin Electric Co. has a trailing twelve months EPS of $4.13.
PE Ratio
Franklin Electric Co. has a trailing twelve months price to earnings ratio of 23.84. Meaning, the purchaser of the share is investing $23.84 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 19.06%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 2.08B for the twelve trailing months.
Yearly Top and Bottom Value
Franklin Electric Co.’s stock is valued at $98.45 at 01:22 EST, under its 52-week high of $100.00 and way higher than its 52-week low of $68.38.
Moving Average
Franklin Electric Co.’s worth is above its 50-day moving average of $92.07 and way higher than its 200-day moving average of $87.65.
