(VIANEWS) – Orrstown Financial Services (ORRF), Newtek Business Services Corp. (NEWT), KB Home (KBH) 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. Orrstown Financial Services (ORRF)
93.7% sales growth and 12.57% return on equity
Orrstown Financial Services, Inc. operates as the holding company for Orrstown Bank that provides commercial banking and trust services in the United States. The company accepts various deposits, including checking, savings, time, demand, and money market deposits. It also offers commercial loans, such as commercial real estate, equipment, construction, working capital, and other commercial purpose loans, as well as industrial loans; consumer loans comprising home equity and other consumer loans, as well as home equity lines of credit; residential mortgage loans; acquisition and development loans; municipal loans; and installment and other loans. In addition, the company provides renders services as trustee, executor, administrator, guardian, managing agent, custodian, and investment advisor, as well as provides other fiduciary services under the Orrstown Financial Advisors name; and offers retail brokerage services through a third-party broker/dealer arrangement. Further, it offers investment advisory, insurance, and brokerage services. The company operates through offices in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York counties, Pennsylvania; and Anne Arundel, Baltimore, Howard, and Washington counties, Maryland, as well as Baltimore City, Maryland. Orrstown Financial Services, Inc. was founded in 1919 and is based in Shippensburg, Pennsylvania.
Earnings Per Share
As for profitability, Orrstown Financial Services has a trailing twelve months EPS of $3.15.
PE Ratio
Orrstown Financial Services has a trailing twelve months price to earnings ratio of 10.43. Meaning, the purchaser of the share is investing $10.43 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 12.57%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2%, now sitting on 129.78M for the twelve trailing months.
Volume
Today’s last reported volume for Orrstown Financial Services is 82432 which is 27.8% below its average volume of 114174.
Yearly Top and Bottom Value
Orrstown Financial Services’s stock is valued at $32.85 at 20:22 EST, under its 52-week high of $36.14 and way higher than its 52-week low of $19.30.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 8, 2024, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 2.87%.
2. Newtek Business Services Corp. (NEWT)
24.4% sales growth and 17.13% 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 $1.66.
PE Ratio
Newtek Business Services Corp. has a trailing twelve months price to earnings ratio of 7.54. Meaning, the purchaser of the share is investing $7.54 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 17.13%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 18.9% and 24.5%, respectively.
3. KB Home (KBH)
15.2% sales growth and 15.66% return on equity
KB Home operates as a homebuilding company in the United States. It operates through four segments: West Coast, Southwest, Central, and Southeast. The company builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers. It also offers financial services, such as insurance products and title services. It has operations in Arizona, California, Colorado, Florida, Nevada, North Carolina, Texas, and Washington. The company was formerly known as Kaufman and Broad Home Corporation and changed its name to KB Home in January 2001. KB Home was founded in 1957 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, KB Home has a trailing twelve months EPS of $7.56.
PE Ratio
KB Home has a trailing twelve months price to earnings ratio of 10.54. Meaning, the purchaser of the share is investing $10.54 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 15.66%.
Moving Average
KB Home’s value is higher than its 50-day moving average of $73.72 and way above its 200-day moving average of $64.57.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 13.9% and 31.4%, respectively.
Yearly Top and Bottom Value
KB Home’s stock is valued at $79.71 at 20:22 EST, under its 52-week high of $88.31 and way above its 52-week low of $42.11.
Previous days news about KB Home(KBH)
- KB home (kbh) stock moves -0.56%: what you should know. According to Zacks on Thursday, 22 August, "The upcoming earnings release of KB Home will be of great interest to investors. ", "For comparison, its industry has an average Forward P/E of 9.42, which means KB Home is trading at a premium to the group."
- According to Zacks on Thursday, 22 August, "Soaring over +80% year to date, Toll Brothers stock has impressively outperformed the broader market and many of its home builder peers including KB Home (KBH Quick QuoteKBH – Free Report) and Lennar Corporation (LEN Quick QuoteLEN – Free Report) which have soared more than +50% respectively.", "This is also beneath its Zacks Building Products-Home Builders Industry average of 11.8X forward earnings with KB Home at 9.8X and Lennar at 12.6X."
- According to Zacks on Friday, 23 August, "With mortgage rates sliding, things are hunky-dory for PulteGroup, Inc. (PHM Quick QuotePHM – Free Report) , KB Home (KBH Quick QuoteKBH – Free Report) and Toll Brothers, Inc. (TOL Quick QuoteTOL – Free Report) making them enticing buys."
4. The Simply Good Foods Company (SMPL)
13.1% sales growth and 9.1% return on equity
The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers primarily nutrition bars, ready-to-drink (RTD) shakes, sweet and salty snacks, protein bars, cookies, pizza, protein chips, recipes, and confectionery products, as well as licensed frozen meals under the Atkins, Atkins Endulge, and Quest brand names. The company distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. It also sells its products through e-commerce channels, including atkins.com, questnutrition.com, and amazon.com. The Simply Good Foods Company is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, The Simply Good Foods Company has a trailing twelve months EPS of $1.45.
PE Ratio
The Simply Good Foods Company has a trailing twelve months price to earnings ratio of 22.73. Meaning, the purchaser of the share is investing $22.73 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 9.1%.
5. ANSYS (ANSS)
11.5% sales growth and 9.43% return on equity
ANSYS, Inc. develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite. The company also offers electronics product suite that provides electromagnetic field simulation software for designing electronic and electromechanical products; Ansys High Frequency Structure Simulator product for radio frequency and microwave design; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; fluids product suite that enables modeling of fluid flow and other related physical phenomena; Ansys Fluent computational fluid dynamics software package; Ansys RedHawk-SC for electronic design automation; Ansys Optics software; and mission-simulation, modeling, testing, and analysis software. In addition, it offers Ansys Granta MI system for materials information management; Ansys Granta Selector technology for materials selection and graphical analysis; CES EduPack product, a set of teaching resources; Granta Materials Data for Simulation; Ansys Lumerical product, a photonics simulation software solution; safety-certified embedded software solutions; Discovery product family for use in the simulation of product design; academic product suite for research and teaching settings. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.
Earnings Per Share
As for profitability, ANSYS has a trailing twelve months EPS of $5.72.
PE Ratio
ANSYS has a trailing twelve months price to earnings ratio of 58.43. Meaning, the purchaser of the share is investing $58.43 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 9.43%.
Previous days news about ANSYS(ANSS)
- According to Zacks on Wednesday, 21 August, "Some better-ranked stocks worth consideration in the broader technology space are Badger Meter (BMI Quick QuoteBMI – Free Report) , Manhattan Associates (MANH Quick QuoteMANH – Free Report) and ANSYS (ANSS Quick QuoteANSS – Free Report) . ", "Badger Meter and Manhattan Associates sport a Zacks Rank #1 (Strong Buy) each, while ANSYS carries a Zacks Rank #2 (Buy), at present. "
- According to Zacks on Wednesday, 21 August, "Some better-ranked stocks worth consideration in the broader technology space are Badger Meter (BMI Quick QuoteBMI – Free Report) , Manhattan Associates (MANH Quick QuoteMANH – Free Report) and ANSYS (ANSS Quick QuoteANSS – Free Report) . ", "Badger Meter and Manhattan Associates sport a Zacks Rank #1 (Strong Buy) each, while ANSYS carries a Zacks Rank #2 (Buy), at present. "
- According to Zacks on Friday, 23 August, "Some better-ranked stocks worth consideration in the broader technology space are Badger Meter (BMI Quick QuoteBMI – Free Report) , Manhattan Associates (MANH Quick QuoteMANH – Free Report) and ANSYS (ANSS Quick QuoteANSS – Free Report) . ", "Manhattan Associates sports a Zacks Rank #1 (Strong Buy), while Badger Meter and ANSYS carry a Zacks Rank #2 (Buy) each, at present. "
6. 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 10.45. Meaning, the purchaser of the share is investing $10.45 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%.
Volume
Today’s last reported volume for Eltek Ltd. is 5542 which is 79.29% below its average volume of 26766.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 47.01M for the twelve trailing months.
Dividend Yield
According to 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 1.94%.
Sales Growth
Eltek Ltd.’s sales growth for the next quarter is 9.6%.
7. Reinsurance Group of America (RGA)
8.8% sales growth and 9.76% return on equity
Reinsurance Group of America, Incorporated engages in reinsurance business. The company offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. It also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, the company develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. It operates in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1973 and is headquartered in Chesterfield, Missouri.
Earnings Per Share
As for profitability, Reinsurance Group of America has a trailing twelve months EPS of $12.87.
PE Ratio
Reinsurance Group of America has a trailing twelve months price to earnings ratio of 15.8. Meaning, the purchaser of the share is investing $15.8 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 9.76%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.4%, now sitting on 21.38B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 6.3% and positive 9.9% for the next.
