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Palomar Holdings And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Palomar Holdings (PLMR), BRT Realty Trust (BRT), Ship Finance International Limited (SFL) 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)

45.7% sales growth and 14% 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 $2.03.

PE Ratio

Palomar Holdings has a trailing twelve months price to earnings ratio of 24.42. Meaning, the purchaser of the share is investing $24.42 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 14.2%, now sitting on 338.18M for the twelve trailing months.

Yearly Top and Bottom Value

Palomar Holdings’s stock is valued at $49.58 at 06:22 EST, way below its 52-week high of $95.20 and way higher than its 52-week low of $43.63.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Palomar Holdings’s EBITDA is 3.73.

2. BRT Realty Trust (BRT)

25% sales growth and 15.08% return on equity

BRT is a real estate investment trust that owns, operates and develops multi-family properties.

Earnings Per Share

As for profitability, BRT Realty Trust has a trailing twelve months EPS of $1.86.

PE Ratio

BRT Realty Trust has a trailing twelve months price to earnings ratio of 9.49. Meaning, the purchaser of the share is investing $9.49 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 15.08%.

Sales Growth

BRT Realty Trust’s sales growth is 57.8% for the current quarter and 25% for the next.

Yearly Top and Bottom Value

BRT Realty Trust’s stock is valued at $17.65 at 06:22 EST, way below its 52-week high of $25.67 and higher than its 52-week low of $16.43.

3. Ship Finance International Limited (SFL)

16.2% sales growth and 15.56% return on equity

SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company is also involved in the charter, purchase, and sale of assets. In addition, it operates in various sectors of the maritime, and shipping and offshore industries, including oil, chemical, oil product, container, and car transportation, as well as dry bulk shipments and drilling rigs. As of December 31, 2021, the company owned six crude oil tankers, 15 dry bulk carriers, 35 container vessels, two car carriers, one jack-up drilling rig, one ultra-deepwater drilling unit, two chemical tankers, and four oil product tankers. It primarily operates in Bermuda, Cyprus, Liberia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. SFL Corporation Ltd. was incorporated in 2003 and is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Ship Finance International Limited has a trailing twelve months EPS of $1.53.

PE Ratio

Ship Finance International Limited has a trailing twelve months price to earnings ratio of 5.7. Meaning, the purchaser of the share is investing $5.7 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 15.56%.

Moving Average

Ship Finance International Limited’s value is below its 50-day moving average of $9.13 and way below its 200-day moving average of $9.79.

Revenue Growth

Year-on-year quarterly revenue growth grew by 14.5%, now sitting on 686.55M for the twelve trailing months.

Sales Growth

Ship Finance International Limited’s sales growth is 14.3% for the present quarter and 16.2% for the next.

4. Fulton Financial Corporation (FULT)

14.3% sales growth and 11.22% return on equity

Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it provides letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns passive investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through traditional financial center banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company operated branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was incorporated in 1882 and is headquartered in Lancaster, Pennsylvania.

Earnings Per Share

As for profitability, Fulton Financial Corporation has a trailing twelve months EPS of $1.68.

PE Ratio

Fulton Financial Corporation has a trailing twelve months price to earnings ratio of 6.74. Meaning, the purchaser of the share is investing $6.74 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 11.22%.

5. ASML Holding (ASML)

13.5% sales growth and 74.04% return on equity

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to assess the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and lithography process and control software solutions; and refurbishes and upgrades older lithography systems, as well as offers customer support and associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.

Earnings Per Share

As for profitability, ASML Holding has a trailing twelve months EPS of $18.61.

PE Ratio

ASML Holding has a trailing twelve months price to earnings ratio of 38.95. Meaning, the purchaser of the share is investing $38.95 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 74.04%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 30, 2023, the estimated forward annual dividend rate is 9.96 and the estimated forward annual dividend yield is 1.35%.

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