Patrick Industries And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Patrick Industries (PATK), First Hawaiian (FHB), SkyWest (SKYW) 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. Patrick Industries (PATK)

16.6% sales growth and 14.58% return on equity

Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.

Earnings Per Share

As for profitability, Patrick Industries has a trailing twelve months EPS of $6.75.

PE Ratio

Patrick Industries has a trailing twelve months price to earnings ratio of 16.04. Meaning, the purchaser of the share is investing $16.04 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 14.58%.

2. First Hawaiian (FHB)

13.8% sales growth and 9.18% return on equity

First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company accepts various deposit products, including checking and savings accounts, and time deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases, commercial lease financing, and auto dealer financing. In addition, the company offers personal installment, credit card, individual investment and financial planning, insurance protection, trust and estate, private banking, retirement planning, treasury, and merchant processing services. As of December 31, 2020, it operated 54 branches in Oahu, Maui, Hawaii, Kauai, Lanai, Guam, and Saipan. The company was formerly known as BancWest Corporation and changed its name to First Hawaiian, Inc. in April 2016. The company was founded in 1858 and is headquartered in Honolulu, Hawaii. First Hawaiian, Inc. is a subsidiary of BancWest Corporation.

Earnings Per Share

As for profitability, First Hawaiian has a trailing twelve months EPS of $1.74.

PE Ratio

First Hawaiian has a trailing twelve months price to earnings ratio of 12.9. Meaning, the purchaser of the share is investing $12.9 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 9.18%.

Moving Average

First Hawaiian’s value is above its 50-day moving average of $20.89 and higher than its 200-day moving average of $20.63.

3. SkyWest (SKYW)

13.3% sales growth and 5.31% return on equity

SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. The company operates through two segment, SkyWest Airlines and SkyWest Leasing. It also leases regional jet aircraft and spare engines to third parties. As of December 31, 2021, the company's fleet consisted of 629 aircraft; and provided scheduled passenger and air freight services with approximately 2,080 total daily departures to various destinations in the United States, Canada, Mexico, and the Caribbean. In addition, it offers airport customer and ground handling services for other airlines. SkyWest, Inc. was incorporated in 1972 and is headquartered in St. George, Utah.

Earnings Per Share

As for profitability, SkyWest has a trailing twelve months EPS of $2.67.

PE Ratio

SkyWest has a trailing twelve months price to earnings ratio of 31.31. Meaning, the purchaser of the share is investing $31.31 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 5.31%.

Yearly Top and Bottom Value

SkyWest’s stock is valued at $83.60 at 16:23 EST, below its 52-week high of $84.68 and way above its 52-week low of $36.91.

Previous days news about SkyWest(SKYW)

  • Why skywest (skyw) dipped more than broader market today. According to Zacks on Thursday, 18 July, "The investment community will be closely monitoring the performance of SkyWest in its forthcoming earnings report. ", "With respect to valuation, SkyWest is currently being traded at a Forward P/E ratio of 12.33. "

4. First Busey Corporation (BUSE)

11.2% sales growth and 9.03% return on equity

First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates through three segments: Banking, FirsTech, and Wealth Management. It offers banking services to individual and corporate customers. The company also provides asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services. Further, it offers payment technology solutions through its payment platform, such as walk-in payment processing for customers at retail pay agents; online bill payment solutions; customer service payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered to automated clearing house network; money management and credit card networks; and lockbox remittance processing to make payments by mail, as well as provides tools related to billing, reconciliation, bill reminders, and treasury services. The company has 46 banking centers in Illinois; 8 in Missouri; 3 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.

Earnings Per Share

As for profitability, First Busey Corporation has a trailing twelve months EPS of $1.99.

PE Ratio

First Busey Corporation has a trailing twelve months price to earnings ratio of 11.83. Meaning, the purchaser of the share is investing $11.83 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 9.03%.

5. Grand Canyon Education (LOPE)

9.7% sales growth and 30.09% return on equity

Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. The company's technology services include learning management system, internal administration, infrastructure, and support services; academic services comprises program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support include admission, financial aid, and field experience and other counseling services. It also offers marketing and communication services, such as lead acquisition, digital communications strategy, brand identity, market research, media planning and strategy, video, and business intelligence and data science; and back-office services comprising finance and accounting, human resources, audit, and procurement services. The company supports healthcare education programs for 27 universities. Grand Canyon Education, Inc. was founded in 1949 and is based in Phoenix, Arizona.

Earnings Per Share

As for profitability, Grand Canyon Education has a trailing twelve months EPS of $7.16.

PE Ratio

Grand Canyon Education has a trailing twelve months price to earnings ratio of 19.56. Meaning, the purchaser of the share is investing $19.56 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 30.09%.

6. FirstCash (FCFS)

8.8% sales growth and 11.91% return on equity

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers. The company is also involved in melting scrap jewelry, as well as sells gold, silver, and diamonds in commodity markets. As of December 31, 2021, it operated 1,081 stores in the United States and the District of Columbia; 1,656 stores in Mexico; 60 stores in Guatemala; 13 stores in El Salvador; and 15 stores in Colombia. The company was incorporated in 1988 and is headquartered in Fort Worth, Texas.

Earnings Per Share

As for profitability, FirstCash has a trailing twelve months EPS of $5.13.

PE Ratio

FirstCash has a trailing twelve months price to earnings ratio of 19.95. Meaning, the purchaser of the share is investing $19.95 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 11.91%.

7. Henry Schein (HSIC)

6.7% sales growth and 8.34% return on equity

Henry Schein, Inc. provides health care products and services to dental practitioners and laboratories, physician practices, ambulatory surgery centers, government, institutional health care clinics, and other alternate care clinics worldwide. It operates through two segments, Health Care Distribution, and Technology and Value-Added Services. The Health Care Distribution segment offers dental products, including infection-control products, handpieces, preventatives, impression materials, composites, anesthetics, teeth, dental implants, gypsum, acrylics, articulators, abrasives, dental chairs, delivery units and lights, X-ray supplies and equipment, personal protective equipment, and high-tech and digital restoration equipment, as well as equipment repair services. This segment also provides medical products comprising branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products, X-ray products, equipment, and vitamins. The Technology and Value-Added Services segment offers software, technology, and other value-added services that include practice management software systems for dental and medical practitioners. This segment also provides value-added practice solutions, which comprise financial services on a non-recourse basis, e-services, practice technology, network, and hardware services, as well as continuing education services for practitioners, and consulting and other services. Henry Schein, Inc. was founded in 1932 and is headquartered in Melville, New York.

Earnings Per Share

As for profitability, Henry Schein has a trailing twelve months EPS of $2.97.

PE Ratio

Henry Schein has a trailing twelve months price to earnings ratio of 21.7. Meaning, the purchaser of the share is investing $21.7 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 8.34%.

Sales Growth

Henry Schein’s sales growth is 5.5% for the present quarter and 6.7% for the next.

Moving Average

Henry Schein’s worth is under its 50-day moving average of $69.25 and way below its 200-day moving average of $71.68.

Yearly Top and Bottom Value

Henry Schein’s stock is valued at $64.44 at 16:23 EST, way under its 52-week high of $82.63 and above its 52-week low of $60.01.

Previous days news about Henry Schein(HSIC)

  • Strength seen in henry schein (hsic): can its 5.4% jump turn into more strength?. According to Zacks on Thursday, 18 July, "In the last reported first quarter, Henry Schein demonstrated a solid gross margin expansion and a strong recovery from the 2023 cyber incident."

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