Northeast Community Bancorp And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Northeast Community Bancorp (NECB), W.P. Carey REIT (WPC), Cambium Networks Corporation (CMBM) 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. Northeast Community Bancorp (NECB)

42.1% sales growth and 12.55% return on equity

Northeast Community Bancorp, Inc. operates as the holding company for Northeast Community Bank that provides various financial services to consumers and businesses. The company accepts deposit products, such as checking, money market, savings, and individual retirement accounts, as well as certificates of deposit. Its loan products include multi-family, mixed-use, and real estate loans; commercial and industrial loans; construction loans; consumer loans; passbook, term, small business administration, and cooperative building loans; and revolving lines of credit. The company also offers various ATM/debit, credit, and gift cards; and investment advisory and financial planning, direct and remote deposit, wire transfer, automated clearing house, credit card merchant, coin and currency, and cash management services, as well as Internet, mobile, and telephone banking services. It operates three full-service branches in New York; three full-service branches in Massachusetts; one full service branch in Rockland County; two full service branch offices in Orange County; and a loan production office in New City, New York. The company was founded in 1934 and is headquartered in White Plains, New York. Northeast Community Bancorp, Inc. is a subsidiary of Northeast Community Bancorp, MHC.

Earnings Per Share

As for profitability, Northeast Community Bancorp has a trailing twelve months EPS of $2.17.

PE Ratio

Northeast Community Bancorp has a trailing twelve months price to earnings ratio of 6.86. Meaning, the purchaser of the share is investing $6.86 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 12.55%.

Moving Average

Northeast Community Bancorp’s value is above its 50-day moving average of $13.53 and above its 200-day moving average of $13.99.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jul 2, 2023, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 1.66%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 99.9%, now sitting on 77.09M for the twelve trailing months.

Volume

Today’s last reported volume for Northeast Community Bancorp is 76268 which is 29.3% below its average volume of 107885.

2. W.P. Carey REIT (WPC)

18.7% sales growth and 8.65% return on equity

W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $18 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,215 net lease properties covering approximately 142 million square feet as of September 30, 2020. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.

Earnings Per Share

As for profitability, W.P. Carey REIT has a trailing twelve months EPS of $3.56.

PE Ratio

W.P. Carey REIT has a trailing twelve months price to earnings ratio of 19.46. Meaning, the purchaser of the share is investing $19.46 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 8.65%.

Yearly Top and Bottom Value

W.P. Carey REIT’s stock is valued at $69.26 at 06:22 EST, way under its 52-week high of $89.63 and higher than its 52-week low of $66.10.

3. Cambium Networks Corporation (CMBM)

14.2% sales growth and 19.66% return on equity

Cambium Networks Corporation, together with its subsidiaries, designs, develops, and manufactures wireless broadband and Wi-Fi networking infrastructure solutions. The company offers point-to-point fixed wireless backhaul and point-to-multipoint fixed wireless solutions; and enterprise solutions comprising cnMatrix cloud-managed wireless-aware switching solution, Xirrus Wi-Fi solutions, and Wi-Fi 6 access points which support cnMaestro and Xirrus XMS management. It also offers cnMatrix Ethernet enterprise switching solutions; cnMaestro and cnMaestro X network management platform that provide users with an integrated, intelligent, and easy to use tool for end-to-end network management; cnHeat, a network planning subscription service that provides a heat map coverage model display of locations for FWB connectivity; LINKPlanner that allows users to visualize and analyze hypothetical network deployment scenarios to evaluate performance and reliability; and cnArcher, a smartphone app that accelerates installation and deployment of fixed wireless products by field technicians. The company's products are used by businesses, governments, and service providers to build, expand, and upgrade broadband networks. It serves public or private network operators; broadband internet service providers; mobile network operators; mid-market enterprises, such as education, hospitality, multi-dwelling units, and retail; state and local government; energy, mining, rail operator and utility industries; and military agencies in North America, Europe, the Middle East, Africa, the Caribbean and Latin America, and the Asia Pacific. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. The was founded in 2011 and is headquartered in Rolling Meadows, Illinois.

Earnings Per Share

As for profitability, Cambium Networks Corporation has a trailing twelve months EPS of $0.91.

PE Ratio

Cambium Networks Corporation has a trailing twelve months price to earnings ratio of 16.58. Meaning, the purchaser of the share is investing $16.58 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 19.66%.

Moving Average

Cambium Networks Corporation’s worth is under its 50-day moving average of $15.25 and way under its 200-day moving average of $18.57.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.1%, now sitting on 312.4M for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 16.7% and a drop 20% for the next.

4. Magna International (MGA)

9.2% sales growth and 4.07% return on equity

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, quarter windows, encapsulated glasses, and side doors. The Power & Vision segment offers ?electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; engineering services; advanced driver assistance systems sensors and, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Earnings Per Share

As for profitability, Magna International has a trailing twelve months EPS of $1.54.

PE Ratio

Magna International has a trailing twelve months price to earnings ratio of 38.37. Meaning, the purchaser of the share is investing $38.37 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 4.07%.

5. J & J Snack Foods Corp. (JJSF)

8.9% sales growth and 5.43% return on equity

J & J Snack Foods Corp. manufactures, markets, and distributes various nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail Supermarkets, and Frozen Beverages. The company offers soft pretzels under the SUPERPRETZEL, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR. TWISTER, SOFT PRETZEL BITES, SOFTSTIX, SOFT PRETZEL BUNS, TEXAS TWIST, BAVARIAN BAKERY, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, KIM & SCOTT'S GOURMET PRETZELS, SERIOUSLY TWISTED!, BRAUHAUS, AUNTIE ANNE'S, and LABRIOLA, as well as under the private labels. It also provides frozen juice treats and desserts under the LUIGI'S, WHOLE FRUIT, PHILLY SWIRL, SOUR PATCH, ICEE, and MINUTE MAID brands; churros under the TIO PEPE'S and CALIFORNIA CHURROS brands; and dough enrobed handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands. In addition, the company offers bakery products, including biscuits, fig and fruit bars, cookies, breads, rolls, crumb, muffins, and donuts under the MRS. GOODCOOKIE, READI-BAKE, COUNTRY HOME, MARY B'S, DADDY RAY'S, and HILL & VALLEY brands, as well as under private labels; and frozen beverages under the ICEE, SLUSH PUPPIE, and PARROT ICE brands. J & J Snack Foods Corp. sells its products through a network of food brokers, independent sales distributors, and direct sales force. The company was founded in 1971 and is headquartered in Pennsauken, New Jersey.

Earnings Per Share

As for profitability, J & J Snack Foods Corp. has a trailing twelve months EPS of $2.4.

PE Ratio

J & J Snack Foods Corp. has a trailing twelve months price to earnings ratio of 65.98. Meaning, the purchaser of the share is investing $65.98 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 5.43%.

Sales Growth

J & J Snack Foods Corp.’s sales growth is 16.5% for the present quarter and 8.9% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 15, 2023, the estimated forward annual dividend rate is 2.8 and the estimated forward annual dividend yield is 1.79%.

Moving Average

J & J Snack Foods Corp.’s worth is above its 50-day moving average of $156.07 and above its 200-day moving average of $148.73.

Volume

Today’s last reported volume for J & J Snack Foods Corp. is 49389 which is 24.7% below its average volume of 65596.

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