Nordic American Tankers Limited And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Nordic American Tankers Limited (NAT), Tidewater (TDW), NCS Multistage Holdings (NCSM) 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. Nordic American Tankers Limited (NAT)

43.1% sales growth and 12.33% return on equity

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 19 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Nordic American Tankers Limited has a trailing twelve months EPS of $0.32.

PE Ratio

Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 12.41. Meaning, the purchaser of the share is investing $12.41 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 12.33%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 38.5% and positive 175% for the next.

2. Tidewater (TDW)

27.7% sales growth and 13.64% return on equity

Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates anchor handling towing supply vessels, platform supply vessels, crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; offshore drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Tidewater has a trailing twelve months EPS of $2.52.

PE Ratio

Tidewater has a trailing twelve months price to earnings ratio of 37.35. Meaning, the purchaser of the share is investing $37.35 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 13.64%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 66.3%, now sitting on 1.14B for the twelve trailing months.

Sales Growth

Tidewater’s sales growth is 53.6% for the present quarter and 27.7% for the next.

Moving Average

Tidewater’s value is below its 50-day moving average of $99.55 and way higher than its 200-day moving average of $79.16.

3. NCS Multistage Holdings (NCSM)

20.2% sales growth and 14% return on equity

NCS Multistage Holdings, Inc. provides engineered products and support services for oil and natural gas well completions and construction, and field development strategies in the United States, Canada, and internationally. It offers fracturing systems, which include casing-installed sliding sleeves, downhole frac isolation assemblies, and sand jet perforating products; enhanced recovery products, such as sliding sleeve, as well as Terrus system, an injection control device; repeat precision products comprising composite frac plugs and bridge plugs, single-use disposable setting tools, express systems, and related products; chemical and radioactive tracer diagnostics services; and well construction products, including AirLock casing buoyancy system, Vecturon and Vectraset liner hanger systems, and Toe initiation sleeves. It offers its products and services primarily to exploration and production companies for use in onshore wells through technically-trained sales force, and operating partners or sales representatives. The company was formerly known as Pioneer Super Holdings, Inc. and changed its name to NCS Multistage Holdings, Inc. in December 2016. NCS Multistage Holdings, Inc. was founded in 2006 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, NCS Multistage Holdings has a trailing twelve months EPS of $5.65.

PE Ratio

NCS Multistage Holdings has a trailing twelve months price to earnings ratio of 3.04. Meaning, the purchaser of the share is investing $3.04 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%.

Sales Growth

NCS Multistage Holdings’s sales growth for the next quarter is 20.2%.

Moving Average

NCS Multistage Holdings’s worth is below its 50-day moving average of $17.37 and above its 200-day moving average of $15.84.

4. Eltek Ltd. (ELTK)

9.6% sales growth and 21.83% return on equity

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs, and flexible circuitry boards. It also offers high density interconnect, flex-rigid, and multi-layered boards. It primarily serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and others. The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd. was incorporated in 1970 and is headquartered in Petach Tikva, Israel. Eltek Ltd. is a subsidiary of Nistec Golan Ltd.

Earnings Per Share

As for profitability, Eltek Ltd. has a trailing twelve months EPS of $1.07.

PE Ratio

Eltek Ltd. has a trailing twelve months price to earnings ratio of 8.84. Meaning, the purchaser of the share is investing $8.84 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 21.83%.

Moving Average

Eltek Ltd.’s worth is way under its 50-day moving average of $10.71 and way under its 200-day moving average of $12.21.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 13.6% and a drop 22.2% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 47.01M for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 12, 2023, the estimated forward annual dividend rate is 0.22 and the estimated forward annual dividend yield is 2.31%.

5. QCR Holdings (QCRH)

9.6% sales growth and 13.24% return on equity

QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. Its deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. The company also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies. Its loan portfolio comprises loans to small and mid-sized businesses; business loans, including lines of credit for working capital and operational purposes; term loans for the acquisition of facilities, equipment, and other purposes; commercial and residential real estate loans; and installment and other consumer loans, such as home improvement, home equity, motor vehicle, and signature loans, as well as small personal credit lines. In addition, the company engages in leasing of machinery and equipment to commercial and industrial businesses under direct financing lease contracts; and issuance of trust preferred securities. It serves the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield communities. The company was founded in 1993 and is headquartered in Moline, Illinois.

Earnings Per Share

As for profitability, QCR Holdings has a trailing twelve months EPS of $6.71.

PE Ratio

QCR Holdings has a trailing twelve months price to earnings ratio of 9.37. Meaning, the purchaser of the share is investing $9.37 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 13.24%.

Moving Average

QCR Holdings’s worth is above its 50-day moving average of $57.47 and way above its 200-day moving average of $55.31.

Volume

Today’s last reported volume for QCR Holdings is 48593 which is 1.34% below its average volume of 49255.

Yearly Top and Bottom Value

QCR Holdings’s stock is valued at $62.84 at 20:22 EST, below its 52-week high of $63.43 and way above its 52-week low of $43.05.

Leave a Reply

Your email address will not be published. Required fields are marked *