(VIANEWS) – PennyMac (PFSI), RadNet (RDNT), Texas Pacific Land (TPL) 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. PennyMac (PFSI)
25.1% sales growth and 4.37% return on equity
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. This segment sources residential conventional and government-insured or guaranteed mortgage loans through correspondent production, consumer direct lending, and broker direct lending. The Servicing segment performs loan servicing for both newly originated loans that are under holding for sale and loans services for others. The segment performs loan administration, collection, and default management activities, including the collection and remittance of loan payments; responds to customer inquiries; provides accounting for principal and interest; holds custodial funds for the payment of property taxes and insurance premiums; counsels delinquent borrowers; and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets. The company was founded in 2008 and is headquartered in Westlake Village, California.
Earnings Per Share
As for profitability, PennyMac has a trailing twelve months EPS of $2.74.
PE Ratio
PennyMac has a trailing twelve months price to earnings ratio of 32.09. Meaning, the purchaser of the share is investing $32.09 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 4.37%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 38%, now sitting on 1.8B for the twelve trailing months.
2. RadNet (RDNT)
12.1% sales growth and 4.65% return on equity
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems for the diagnostic imaging industry, including picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretation of images in the field of mammography, as well as AI solutions for lung and prostate cancer. As of December 31, 2021, it owned and managed 347 centers in Arizona, California, Delaware, Florida, Maryland, New Jersey, and New York. The company was founded in 1981 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, RadNet has a trailing twelve months EPS of $0.05.
PE Ratio
RadNet has a trailing twelve months price to earnings ratio of 970. Meaning, the purchaser of the share is investing $970 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 4.65%.
Yearly Top and Bottom Value
RadNet’s stock is valued at $48.50 at 06:22 EST, below its 52-week high of $49.94 and way higher than its 52-week low of $25.11.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 100% and a drop 25% for the next.
3. Texas Pacific Land (TPL)
10.6% sales growth and 44.67% return on equity
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Texas Pacific Land has a trailing twelve months EPS of $17.56.
PE Ratio
Texas Pacific Land has a trailing twelve months price to earnings ratio of 34.49. Meaning, the purchaser of the share is investing $34.49 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 44.67%.
Sales Growth
Texas Pacific Land’s sales growth is 5.9% for the present quarter and 10.6% for the next.
4. Federal Agricultural Mortgage Corporation (AGM)
10.3% sales growth and 14.9% return on equity
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the United States Department of Agriculture (USDA). The Rural Utilities segment purchases and guarantees securities that are backed by eligible rural utilities loans; and issues LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment engages in purchasing and guaranteeing general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.
Earnings Per Share
As for profitability, Federal Agricultural Mortgage Corporation has a trailing twelve months EPS of $15.81.
PE Ratio
Federal Agricultural Mortgage Corporation has a trailing twelve months price to earnings ratio of 11.59. Meaning, the purchaser of the share is investing $11.59 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 14.9%.
Moving Average
Federal Agricultural Mortgage Corporation’s worth is under its 50-day moving average of $185.93 and higher than its 200-day moving average of $171.36.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.5%, now sitting on 346.59M for the twelve trailing months.
