Palomar Holdings And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Palomar Holdings (PLMR), BOK Financial Corporation (BOKF), SPS Commerce (SPSC) 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. Palomar Holdings (PLMR)

30.7% sales growth and 13.4% return on equity

Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.

Earnings Per Share

As for profitability, Palomar Holdings has a trailing twelve months EPS of $0.24.

PE Ratio

Palomar Holdings has a trailing twelve months price to earnings ratio of 228.79. Meaning, the purchaser of the share is investing $228.79 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 13.4%.

Yearly Top and Bottom Value

Palomar Holdings’s stock is valued at $54.91 at 01:22 EST, way below its 52-week high of $95.20 and way above its 52-week low of $43.63.

Sales Growth

Palomar Holdings’s sales growth is 47.8% for the ongoing quarter and 30.7% for the next.

Moving Average

Palomar Holdings’s worth is below its 50-day moving average of $54.98 and way below its 200-day moving average of $64.82.

Previous days news about Palomar Holdings(PLMR)

  • Why you should stay invested in palomar holdings (plmr). According to Zacks on Tuesday, 18 April, "For 2023, Palomar Holdings projects to generate adjusted net income in the range of $86 million to $90 million."

2. BOK Financial Corporation (BOKF)

18.4% sales growth and 10.35% return on equity

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management. The Commercial Banking segment offers lending, treasury, cash management, and customer commodity risk management products for small businesses, middle market, and larger commercial customers, as well as operates TransFund electronic funds transfer network. The Consumer Banking segment provides lending and deposit services to small business customers through consumer branch network; and engages in the mortgage loan origination and servicing activities. The Wealth Management segment offers fiduciary, private bank, insurance, and investment advisory services; and brokerage and trading services primarily related to providing liquidity to the mortgage markets through trading of U.S. government agency mortgage-backed securities and related derivative contracts, as well as underwrites state and municipal securities. The company also provides commercial loans, such as loans for working capital, facilities acquisition or expansion, purchases of equipment, and other needs of commercial customers; and service, healthcare, manufacturing, wholesale/retail, energy, and other sector loans. In addition, it offers commercial real estate loans for the construction of buildings or other enhancements to real estate and property held by borrowers for investment purposes; and residential mortgage and personal loans. Further, the company provides automated teller machine (ATM), call center, and Internet and mobile banking services. As of December 31, 2021, it operated 2,593 TransFund ATM locations. The company was founded in 1910 and is headquartered in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, BOK Financial Corporation has a trailing twelve months EPS of $7.72.

PE Ratio

BOK Financial Corporation has a trailing twelve months price to earnings ratio of 10.93. Meaning, the purchaser of the share is investing $10.93 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 10.35%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 161.5% and 17.9%, respectively.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Feb 12, 2023, the estimated forward annual dividend rate is 2.16 and the estimated forward annual dividend yield is 2.57%.

Moving Average

BOK Financial Corporation’s value is way under its 50-day moving average of $97.05 and way under its 200-day moving average of $94.14.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.4%, now sitting on 1.82B for the twelve trailing months.

3. SPS Commerce (SPSC)

17.7% sales growth and 10.8% return on equity

SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, suppliers, grocers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships. The company also provides Fulfillment solution, an electronic data interchange solution that scales as a business grows, where companies use a single system to manage orders and logistics from various sales channels, including wholesale, eCommerce, and marketplaces; and Analytics product that enables organizations to enhance visibility into how products are selling through a single connection across various sales channels, including wholesale, eCommerce, and marketplaces, as well as enhances access and usage of sales and inventory data through a combination of analytics applications, network of connections, and industry-leading expertise. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies; and community product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management and onboarding programs. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

Earnings Per Share

As for profitability, SPS Commerce has a trailing twelve months EPS of $1.49.

PE Ratio

SPS Commerce has a trailing twelve months price to earnings ratio of 100.89. Meaning, the purchaser of the share is investing $100.89 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 10.8%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SPS Commerce’s EBITDA is 193.03.

4. Flowserve Corporation (FLS)

9.5% sales growth and 10.72% return on equity

Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and fluids. The company primarily serves oil and gas, chemical and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was incorporated in 1912 and is headquartered in Irving, Texas.

Earnings Per Share

As for profitability, Flowserve Corporation has a trailing twelve months EPS of $1.44.

PE Ratio

Flowserve Corporation has a trailing twelve months price to earnings ratio of 23.08. Meaning, the purchaser of the share is investing $23.08 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 10.72%.

Yearly Top and Bottom Value

Flowserve Corporation’s stock is valued at $33.24 at 01:22 EST, way under its 52-week high of $37.59 and way higher than its 52-week low of $23.89.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 271.4% and 30%, respectively.

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