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Newtek Business Services Corp. And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Newtek Business Services Corp. (NEWT), New Residential Investment (NRZ), QIWI plc (QIWI) 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. Newtek Business Services Corp. (NEWT)

51.5% sales growth and 8.29% return on equity

Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services; Accounts Receivable Financing, and The Secure Gateway. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The firm seeks to invest in New York and Louisiana area. The firm seeks to invest $0.3 million to $3 million in businesses. It provides small business terms loans ranging from $0.05 million to $10 million. The firm also provides account receivable financing ranging from $0.05 million to $1.5 million. It also provides $0.05 million to $10 million financing to owner occupied real estate businesses whose average net income over the last 2 years must not exceed $2.5 million. Newtek Business Services Corp., formerly known as Newtek Business Services Inc., was incorporated on August 26, 2013 and is headquartered in Boca Raton, Florida with additional offices in Lake Success, New York, Garden City, New York; Miami, Florida; Milwaukee, Wisconsin; New Orleans, Louisiana; and New York, New York.

Earnings Per Share

As for profitability, Newtek Business Services Corp. has a trailing twelve months EPS of $1.34.

PE Ratio

Newtek Business Services Corp. has a trailing twelve months price to earnings ratio of 8.99. Meaning, the purchaser of the share is investing $8.99 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 8.29%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 50% and a negative 56%, respectively.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 2, 2023, the estimated forward annual dividend rate is 2.28 and the estimated forward annual dividend yield is 18.92%.

Sales Growth

Newtek Business Services Corp.’s sales growth is 40.3% for the present quarter and 51.5% for the next.

2. 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%.

3. QIWI plc (QIWI)

22.5% sales growth and 27.04% return on equity

Qiwi plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russia, Kazakhstan, Moldova, Belarus, the United Arab Emirates, and internationally. The company operates through Payment Services, Consumer Financial Services, and Rocketbank segments. It offers payment services across online, mobile, and physical channels through a network of approximately 75,000 kiosks and 18,000 terminals. The company also provides Qiwi Wallet, which is an online and mobile payment processing, and money transfer system that allows customers to pay for the products and services of merchants, as well as perform peer-to-peer money transfers through a virtual wallet; and Visa prepaid cards. In addition, it offers payment-by installments card systems under the SOVEST brand name. Further, it provides digital banking services to retail customers under the Rocketbank name; and to small and medium businesses under the Tochka name. The company was incorporated in 2007 and is based in Nicosia, Cyprus.

Earnings Per Share

As for profitability, QIWI plc has a trailing twelve months EPS of $4.94.

PE Ratio

QIWI plc has a trailing twelve months price to earnings ratio of 1.15. Meaning, the purchaser of the share is investing $1.15 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 27.04%.

4. MercadoLibre (MELI)

20.5% sales growth and 28.71% return on equity

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the web; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. The company was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

Earnings Per Share

As for profitability, MercadoLibre has a trailing twelve months EPS of $9.49.

PE Ratio

MercadoLibre has a trailing twelve months price to earnings ratio of 134.21. Meaning, the purchaser of the share is investing $134.21 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 28.71%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 40.9%, now sitting on 10.54B for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MercadoLibre’s EBITDA is 84.04.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 136.2% and 68.7%, respectively.

Moving Average

MercadoLibre’s value is above its 50-day moving average of $1,215.10 and way higher than its 200-day moving average of $987.83.

5. First Busey Corporation (BUSE)

11.4% sales growth and 10.41% return on equity

First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates through three segments: Banking, FirsTech, and Wealth Management. It offers banking services to individual and corporate customers. The company also provides asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services. Further, it offers payment technology solutions through its payment platform, such as walk-in payment processing for customers at retail pay agents; online bill payment solutions; customer service payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered to automated clearing house network; money management and credit card networks; and lockbox remittance processing to make payments by mail, as well as provides tools related to billing, reconciliation, bill reminders, and treasury services. The company has 46 banking centers in Illinois; 8 in Missouri; 3 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.

Earnings Per Share

As for profitability, First Busey Corporation has a trailing twelve months EPS of $2.29.

PE Ratio

First Busey Corporation has a trailing twelve months price to earnings ratio of 8.35. Meaning, the purchaser of the share is investing $8.35 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 10.41%.

Volume

Today’s last reported volume for First Busey Corporation is 17938 which is 90.85% below its average volume of 196103.

6. California Water Service Group (CWT)

9.2% sales growth and 7.64% return on equity

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 492,600 customer connections in 100 California communities; approximately 5,300 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,600 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,500 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, the company offers wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

Earnings Per Share

As for profitability, California Water Service Group has a trailing twelve months EPS of $1.77.

PE Ratio

California Water Service Group has a trailing twelve months price to earnings ratio of 34.53. Meaning, the purchaser of the share is investing $34.53 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 7.64%.

7. Itau Unibanco (ITUB)

8.9% sales growth and 17.98% return on equity

Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides property and casualty insurance products covering loss, damage, or liabilities for assets or persons, as well as life insurance products covering death and personal accident. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. is a subsidiary of IUPAR – Itaú Unibanco Participações S.A.

Earnings Per Share

As for profitability, Itau Unibanco has a trailing twelve months EPS of $0.59.

PE Ratio

Itau Unibanco has a trailing twelve months price to earnings ratio of 8.46. Meaning, the purchaser of the share is investing $8.46 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 17.98%.

Moving Average

Itau Unibanco’s worth is above its 50-day moving average of $4.82 and above its 200-day moving average of $4.94.

Sales Growth

Itau Unibanco’s sales growth is 10.6% for the current quarter and 8.9% for the next.

8. Alamo Group (ALG)

7.6% sales growth and 13.67% return on equity

Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use worldwide. The company offers hydraulically-powered and tractor-mounted mowers, including boom-mounted mowers; other cutters and replacement parts for heavy-duty and intensive uses; and heavy duty, tractor- and truck-mounted mowing, and vegetation maintenance equipment and replacement parts. It also provides truck-mounted air vacuum, mechanical broom, and regenerative air sweepers; pothole patchers; leaf collection equipment and replacement brooms; parking lot and street sweepers; excavators; catch basin cleaners and roadway debris vacuum systems; truck-mounted vacuum trucks, combination sewer cleaners, and hydro excavators; ice control products; snow plows and heavy duty snow removal equipment, hitches, attachments, and graders; landscape and vegetation maintenance equipment; and public works and runway maintenance products, parts, and services. In addition, the company offers rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades, and replacement parts, as well as zero turn radius mowers; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts; and heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, and replacement parts. Further, it provides tractor attachments; agricultural implements; hydraulic and boom-mounted hedge and grass cutters, and other tractor attachments and implements; hedgerow cutters, industrial grass mowers, and agricultural seedbed preparation cultivators; self-propelled sprayers and multi-drive load-carrying vehicles; cutting blades; hydraulic and mechanical boom mowers; and high pressure cleaning systems and trenchers. The company was founded in 1955 and is headquartered in Seguin, Texas.

Earnings Per Share

As for profitability, Alamo Group has a trailing twelve months EPS of $8.55.

PE Ratio

Alamo Group has a trailing twelve months price to earnings ratio of 20.59. Meaning, the purchaser of the share is investing $20.59 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 13.67%.

Volume

Today’s last reported volume for Alamo Group is 36376 which is 48.31% below its average volume of 70375.

Moving Average

Alamo Group’s value is above its 50-day moving average of $171.24 and way above its 200-day moving average of $145.70.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 29.4% and 16.7%, respectively.

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