(VIANEWS) – PennantPark Floating Rate Capital Ltd. (PFLT), Enova International (ENVA), Pyxis Tankers (PXS) 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. PennantPark Floating Rate Capital Ltd. (PFLT)
36.2% sales growth and 13.83% return on equity
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Earnings Per Share
As for profitability, PennantPark Floating Rate Capital Ltd. has a trailing twelve months EPS of $1.66.
PE Ratio
PennantPark Floating Rate Capital Ltd. has a trailing twelve months price to earnings ratio of 6.79. Meaning, the purchaser of the share is investing $6.79 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 13.83%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 16, 2024, the estimated forward annual dividend rate is 1.23 and the estimated forward annual dividend yield is 11.03%.
Sales Growth
PennantPark Floating Rate Capital Ltd.’s sales growth is 4.3% for the ongoing quarter and 36.2% for the next.
2. Enova International (ENVA)
20.5% sales growth and 14.89% return on equity
Enova International, Inc., a technology and analytics company, provides online financial services in the United States, Brazil, Australia, and Canada. The company offers installment loans; line of credit accounts; receivables purchase agreements; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan. It markets its financing products under the CashNetUSA, NetCredit, OnDeck, Headway Capital, The Business Backer, Simplic, and Pangea names. Enova International, Inc. was incorporated in 2011 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Enova International has a trailing twelve months EPS of $6.
PE Ratio
Enova International has a trailing twelve months price to earnings ratio of 14.31. Meaning, the purchaser of the share is investing $14.31 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 14.89%.
Sales Growth
Enova International’s sales growth is 24.7% for the ongoing quarter and 20.5% for the next.
Moving Average
Enova International’s worth is way higher than its 50-day moving average of $71.77 and way higher than its 200-day moving average of $60.30.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.9%, now sitting on 1.12B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 56.7% and 22.4%, respectively.
3. Pyxis Tankers (PXS)
16.1% sales growth and 38.12% return on equity
Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals. As of March 31, 2022, the company operated a fleet of five tankers. Pyxis Tankers Inc. was incorporated in 2015 and is based in Maroussi, Greece.
Earnings Per Share
As for profitability, Pyxis Tankers has a trailing twelve months EPS of $2.53.
PE Ratio
Pyxis Tankers has a trailing twelve months price to earnings ratio of 2.07. Meaning, the purchaser of the share is investing $2.07 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 38.12%.
Sales Growth
Pyxis Tankers’s sales growth is 37.9% for the ongoing quarter and 16.1% for the next.
Volume
Today’s last reported volume for Pyxis Tankers is 37046 which is 2.09% above its average volume of 36287.
Moving Average
Pyxis Tankers’s value is higher than its 50-day moving average of $5.08 and way higher than its 200-day moving average of $4.63.
4. Medpace Holdings (MEDP)
11.2% sales growth and 58.85% return on equity
Medpace Holdings, Inc. provides clinical research-based drug and medical device development services in North America, Europe, and Asia. The company offers a suite of services supporting the clinical development process from Phase I to Phase IV in various therapeutic areas. It provides clinical development services to the pharmaceutical, biotechnology, and medical device industries; and development plan design, coordinated central laboratory, project management, regulatory affairs, clinical monitoring, data management and analysis, pharmacovigilance new drug application submissions, and post-marketing clinical support services. In addition, the company offers bio-analytical laboratory services, clinical human pharmacology, imaging services, and electrocardiography reading support for clinical trials. Medpace Holdings, Inc. was founded in 1992 and is based in Cincinnati, Ohio.
Earnings Per Share
As for profitability, Medpace Holdings has a trailing twelve months EPS of $10.63.
PE Ratio
Medpace Holdings has a trailing twelve months price to earnings ratio of 36.9. Meaning, the purchaser of the share is investing $36.9 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 58.85%.
Yearly Top and Bottom Value
Medpace Holdings’s stock is valued at $392.22 at 20:22 EST, way under its 52-week high of $459.77 and way above its 52-week low of $227.21.
Sales Growth
Medpace Holdings’s sales growth is 10.1% for the present quarter and 11.2% for the next.
5. Universal Display Corporation (OLED)
10.4% sales growth and 15.54% return on equity
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.
Earnings Per Share
As for profitability, Universal Display Corporation has a trailing twelve months EPS of $4.66.
PE Ratio
Universal Display Corporation has a trailing twelve months price to earnings ratio of 40.26. Meaning, the purchaser of the share is investing $40.26 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 15.54%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 623.16M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 16, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 0.9%.
Moving Average
Universal Display Corporation’s worth is under its 50-day moving average of $204.64 and higher than its 200-day moving average of $178.82.
Yearly Top and Bottom Value
Universal Display Corporation’s stock is valued at $187.62 at 20:22 EST, way under its 52-week high of $237.00 and way above its 52-week low of $133.67.
6. Clean Harbors (CLH)
9.8% sales growth and 17.26% return on equity
Clean Harbors, Inc. provides environmental and industrial services in North America. The company operates through two segments, Environmental Services and Safety-Kleen. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and CleanPack services, which comprise collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste. This segment also provides industrial maintenance and specialty industrial services, and utilizes specialty equipment and resources that performs field services. The Safety-Kleen segment offers specially designed parts washers; automotive and industrial cleaning products, such as antifreeze, windshield washer fluid, degreasers, glass and floor cleaners, hand cleaners, absorbents, mats, and spill kits; pickup and transportation services for hazardous and non-hazardous containerized waste for recycling or disposal; and vacuum services to remove solids, residual oily water and sludge, and other fluids from customers oil/water separators, sumps, and collection tanks, as well as remove and collect waste fluids found at metal fabricators, auto maintenance providers, and general manufacturers. This segment also manufactures, formulates, packages, distributes, and markets lubricants; and provides containerized waste, vac services, used motor oil collection, and contract blending and packaging services. Clean Harbors, Inc. was founded in 1980 and is headquartered in Norwell, Massachusetts.
Earnings Per Share
As for profitability, Clean Harbors has a trailing twelve months EPS of $7.25.
PE Ratio
Clean Harbors has a trailing twelve months price to earnings ratio of 33.78. Meaning, the purchaser of the share is investing $33.78 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 17.26%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.1%, now sitting on 5.63B for the twelve trailing months.
Yearly Top and Bottom Value
Clean Harbors’s stock is valued at $244.91 at 20:22 EST, below its 52-week high of $247.24 and way above its 52-week low of $132.92.
Volume
Today’s last reported volume for Clean Harbors is 164104 which is 44.31% below its average volume of 294677.
7. United Fire Group (UFCS)
9% sales growth and 5.24% return on equity
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance; and commercial multiple peril and inland marine insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and fidelity and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners. The company sells its products through a network of independent agencies. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa.
Earnings Per Share
As for profitability, United Fire Group has a trailing twelve months EPS of $1.45.
PE Ratio
United Fire Group has a trailing twelve months price to earnings ratio of 13.54. Meaning, the purchaser of the share is investing $13.54 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 5.24%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 31, 2024, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 3.33%.
8. Universal Health Services (UHS)
8.9% sales growth and 14.94% return on equity
Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services. It also provides commercial health insurance services; and various management services, which include central purchasing, information, finance and control systems, facilities planning, physician recruitment, administrative personnel management, marketing, and public relations services. Universal Health Services, Inc. founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
Earnings Per Share
As for profitability, Universal Health Services has a trailing twelve months EPS of $13.6.
PE Ratio
Universal Health Services has a trailing twelve months price to earnings ratio of 15.82. Meaning, the purchaser of the share is investing $15.82 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 14.94%.
