(VIANEWS) – PennyMac (PFSI), KKR & Co. (KKR), Eltek Ltd. (ELTK) 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)
26.9% 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 38.1%, now sitting on 1.8B for the twelve trailing months.
Volume
Today’s last reported volume for PennyMac is 168729 which is 28.41% below its average volume of 235718.
2. KKR & Co. (KKR)
9.9% sales growth and 10.86% return on equity
KKR & Co. Inc. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments. The firm considers investments in all industries with a focus on software, security, semiconductors, consumer electronics, internet of things (iot), internet, information services, information technology infrastructure, financial technology, network and cyber security architecture, engineering and operations, content, technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy. In energy and infrastructure, it focuses on the upstream oil and gas and equipment, minerals and royalties and services verticals. In real estate, the firm seeks to invest in private and public real estate securities including property-level equity, debt and special situations transactions and businesses with significant real estate holdings, and oil and natural gas properties. The firm also invests in asset services sector that encompasses a broad array of B2B, B2C and B2G services verticals including asset-based, transport, logistics, leisure/hospitality, resource and utility support, infra-like, mission-critical, and environmental services. Within Americas, the firm prefers to invest in consumer products; chemicals, metals and mining; energy and natural resources; financial services; healthcare; industrials; media and communications; retail; and technology. Within Europe, the firm invests in consumer and retail; energy; financial services; health care; industrials and chemicals; media and digital; and telecom and technologies. Within Asia, it invests in consumer products; energy and resources; financial services; healthcare; industrials; logistics; media and telecom; retail; real estate; and technology. It also seeks to make impact investments focused on identifying and investing behind businesses with positive social or environmental impact. The firm seeks to invest in mid to high-end residential developments, but can invest in other projects throughout Mainland China through outright ownership, joint ventures, and merger. It invests globally with a focus on Australia, emerging and developed Asia, Middle East and Africa, Nordic, Southeast Asia, Asia Pacific, Ireland, Hong Kong, Japan, Taiwan, India, Vietnam, Malaysia, Singapore, Indonesia, France, Germany, Netherlands, United Kingdom, Caribbean, Mexico, South America, North America, Brazil, Latin America, Korea with a focus on South Korea, and United States of America. In the United States and Europe, the firm focuses on buyouts of large, publicly traded companies. For middle market it seeks to invest in companies with enterprise values between $200 million to $1000 million. The firm prefers to invest in a range of debt and public equity investing and may co-invest. It seeks a board seat in its portfolio companies and a controlling ownership of a company or a strategic minority positions. The firm may acquire majority and minority equity interests, particularly when making private equity investments in Asia or sponsoring investments as part of a large investor consortium. The firm typically holds its investment for a period of five to seven years and more and exits through initial public offerings, secondary offerings, and sales to strategic buyers. KKR & Co. Inc. was founded in 1976 and is based in New York, New York with additional offices across North America, Europe, Australia, Sweden and Asia.
Earnings Per Share
As for profitability, KKR & Co. has a trailing twelve months EPS of $4.09.
PE Ratio
KKR & Co. has a trailing twelve months price to earnings ratio of 23.79. Meaning, the purchaser of the share is investing $23.79 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 10.86%.
Sales Growth
KKR & Co.’s sales growth is 5.5% for the current quarter and 9.9% for the next.
Volume
Today’s last reported volume for KKR & Co. is 2826160 which is 20.61% below its average volume of 3560170.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 10, 2024, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 0.68%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 229%, now sitting on 26.06B for the twelve trailing months.
3. Eltek Ltd. (ELTK)
9.6% sales growth and 26.53% return on equity
Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs, and flexible circuitry boards. It also offers high density interconnect, flex-rigid, and multi-layered boards. It primarily serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and others. The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd. was incorporated in 1970 and is headquartered in Petach Tikva, Israel. Eltek Ltd. is a subsidiary of Nistec Golan Ltd.
Earnings Per Share
As for profitability, Eltek Ltd. has a trailing twelve months EPS of $1.07.
PE Ratio
Eltek Ltd. has a trailing twelve months price to earnings ratio of 11.13. Meaning, the purchaser of the share is investing $11.13 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 26.53%.
4. Southwest Airlines (LUV)
6.8% sales growth and 3.84% return on equity
Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircraft; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Southwest Airlines has a trailing twelve months EPS of $0.76.
PE Ratio
Southwest Airlines has a trailing twelve months price to earnings ratio of 36.24. Meaning, the purchaser of the share is investing $36.24 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 3.84%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 52.3% and positive 10.5% for the next.
Moving Average
Southwest Airlines’s value is under its 50-day moving average of $27.75 and below its 200-day moving average of $28.40.
Yearly Top and Bottom Value
Southwest Airlines’s stock is valued at $27.54 at 06:22 EST, way under its 52-week high of $39.53 and way higher than its 52-week low of $21.91.
5. Immersion Corporation (IMMR)
5.8% sales growth and 24.16% return on equity
Immersion Corporation, together with its subsidiaries, creates, designs, develop, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. It serves mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.
Earnings Per Share
As for profitability, Immersion Corporation has a trailing twelve months EPS of $1.38.
PE Ratio
Immersion Corporation has a trailing twelve months price to earnings ratio of 7.17. Meaning, the purchaser of the share is investing $7.17 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 24.16%.
Volume
Today’s last reported volume for Immersion Corporation is 563733 which is 0.44% above its average volume of 561260.
Yearly Top and Bottom Value
Immersion Corporation’s stock is valued at $9.89 at 06:22 EST, below its 52-week high of $10.27 and way above its 52-week low of $5.94.
Revenue Growth
Year-on-year quarterly revenue growth grew by 519.8%, now sitting on 70.69M for the twelve trailing months.
Moving Average
Immersion Corporation’s worth is way higher than its 50-day moving average of $8.03 and way higher than its 200-day moving average of $7.14.
Previous days news about Immersion Corporation(IMMR)
- According to Zacks on Thursday, 6 June, "The company’s partnership with Immersion Corporation to unveil a new series of IHPT solenoid-based haptic actuators remains noteworthy."
