Ocwen Financial Corporation NEW And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Ocwen Financial Corporation NEW (OCN), Afya (AFYA), Unity Bancorp (UNTY) 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. Ocwen Financial Corporation NEW (OCN)

20.4% sales growth and 5.51% return on equity

Ocwen Financial Corporation, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through Servicing and Lending segments. It provides commercial mortgage loan servicing, special servicing, and asset management services, as well as residential mortgage loan servicing, such as conventional, government-insured, and non-agency loans to owners of mortgage loans and foreclosed real estate. The company also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels of reverse mortgage lending. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.

Earnings Per Share

As for profitability, Ocwen Financial Corporation NEW has a trailing twelve months EPS of $2.74.

PE Ratio

Ocwen Financial Corporation NEW has a trailing twelve months price to earnings ratio of 10.36. Meaning, the purchaser of the share is investing $10.36 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 5.51%.

2. Afya (AFYA)

9% sales growth and 11.9% return on equity

Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools. The company also provides digital health services, such as subscription-based mobile app and website portal that focuses on assisting health professionals and students with clinical decision-making through tools, such as medical calculators, charts, and updated content, as well as prescriptions, clinical scores, medical procedures and laboratory exams, and others. It offers health sciences courses, which comprise medicine, dentistry, nursing, radiology, psychology, pharmacy, physical education, physiotherapy, nutrition, and biomedicine; and degree programs and courses in other subjects and disciplines, including undergraduate and post graduate courses in business administration, accounting, law, civil engineering, industrial engineering, and pedagogy. In addition, the company provides medical postgraduate specialization programs; printed and digital content; and an online medical education platform and practical medical training services. As of December 31, 2021, it operated a network of 46 undergraduate and graduate medical school campuses consisted of 30 undergrad operating units and five approved units; and a network of 2,731 medical school seats that consisted of 2,481 operating seats and 278 approved seats. The company was founded in 1999 and is headquartered in Nova Lima, Brazil.

Earnings Per Share

As for profitability, Afya has a trailing twelve months EPS of $0.44.

PE Ratio

Afya has a trailing twelve months price to earnings ratio of 25.3. Meaning, the purchaser of the share is investing $25.3 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 11.9%.

Sales Growth

Afya’s sales growth is 25.2% for the ongoing quarter and 9% for the next.

Moving Average

Afya’s worth is way below its 50-day moving average of $13.98 and way below its 200-day moving average of $13.18.

Yearly Top and Bottom Value

Afya’s stock is valued at $11.08 at 16:22 EST, way below its 52-week high of $17.02 and way above its 52-week low of $8.73.

Revenue Growth

Year-on-year quarterly revenue growth grew by 27.8%, now sitting on 2.24B for the twelve trailing months.

Previous days news about Afya(AFYA)

  • According to Zacks on Tuesday, 14 March, "Another stock from the same industry, Afya (AFYA Quick QuoteAFYA – Free Report) , has yet to report results for the quarter ended December 2022."

3. Unity Bancorp (UNTY)

7.2% sales growth and 17.28% return on equity

Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides commercial and retail banking products and services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts, as well as noninterest and interest-bearing demand deposits. It also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and consumer construction lines, as well as personal loans. As of December 31, 2020, the company offered its services through the Internet and nineteen branch offices located in Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, as well as Northampton County, Pennsylvania. Unity Bancorp, Inc. was incorporated in 1991 and is headquartered in Clinton, New Jersey.

Earnings Per Share

As for profitability, Unity Bancorp has a trailing twelve months EPS of $2.5.

PE Ratio

Unity Bancorp has a trailing twelve months price to earnings ratio of 10.55. Meaning, the purchaser of the share is investing $10.55 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 17.28%.

4. AvalonBay Communities (AVB)

6.1% sales growth and 11.18% return on equity

As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion markets consisting of Southeast Florida and Denver, Colorado (the "Expansion Markets").

Earnings Per Share

As for profitability, AvalonBay Communities has a trailing twelve months EPS of $5.72.

PE Ratio

AvalonBay Communities has a trailing twelve months price to earnings ratio of 28.95. Meaning, the purchaser of the share is investing $28.95 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 11.18%.

Volume

Today’s last reported volume for AvalonBay Communities is 627505 which is 24.09% below its average volume of 826694.

Sales Growth

AvalonBay Communities’s sales growth is 9.7% for the present quarter and 6.1% for the next.

Yearly Top and Bottom Value

AvalonBay Communities’s stock is valued at $165.60 at 16:22 EST, way below its 52-week high of $259.05 and higher than its 52-week low of $157.69.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.6 and the estimated forward annual dividend yield is 3.66%.

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