Primoris Services Corporation And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Primoris Services Corporation (PRIM), Hexcel Corporation (HXL), Federal Signal Corporation (FSS) 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. Primoris Services Corporation (PRIM)

29.5% sales growth and 11.48% return on equity

Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation. The Pipeline Services segment offers a range of services comprising pipeline construction, maintenance, facility, and integrity services; installation of compressor and pump stations; and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities. The company was founded in 1960 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Primoris Services Corporation has a trailing twelve months EPS of $2.4.

PE Ratio

Primoris Services Corporation has a trailing twelve months price to earnings ratio of 16.22. Meaning, the purchaser of the share is investing $16.22 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 11.48%.

Yearly Top and Bottom Value

Primoris Services Corporation’s stock is valued at $38.94 at 19:22 EST, below its 52-week high of $39.20 and way above its 52-week low of $22.90.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.1%, now sitting on 5.53B for the twelve trailing months.

Sales Growth

Primoris Services Corporation’s sales growth is 16.3% for the current quarter and 29.5% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Dec 28, 2023, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 0.62%.

2. Hexcel Corporation (HXL)

9% sales growth and 6.46% return on equity

Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. It operates through two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in automotive, marine, and trains. The Engineered Products segment manufactures and markets aircraft structures and finished aircraft components, including wing to body fairings, wing panels, flight deck panels, door liners, rotorcraft blades, spars, and tip caps; and aircraft structural sub-components and semi-finished components used in rotorcraft blades, engine nacelles, and aircraft surfaces, such as flaps, wings, elevators, and fairings. The company sells its products directly through its managers, product managers, and sales personnel, as well as through independent distributors and manufacturer representatives in the Americas, Europe, the Asia Pacific, India, and Africa. Hexcel Corporation was founded in 1946 and is headquartered in Stamford, Connecticut.

Earnings Per Share

As for profitability, Hexcel Corporation has a trailing twelve months EPS of $1.24.

PE Ratio

Hexcel Corporation has a trailing twelve months price to earnings ratio of 59.9. Meaning, the purchaser of the share is investing $59.9 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 6.46%.

3. Federal Signal Corporation (FSS)

8.3% sales growth and 16.9% return on equity

Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally. It operates through Environmental Solutions Group, and Safety and Security Systems Group. The Environmental Solutions Group segment offers a range of street sweepers, safe-digging trucks ,sewer cleaners, industrial vacuum loaders, vacuum, and hydro-excavation trucks; road-marking, line-removal and waterblasting equipment, dump truck bodies, trailers, and metal extraction support equipment under the Elgin, Vactor, Guzzler, TRUVAC, Westech, Jetstream, Mark Rite Lines, Ox Bodies, Crysteel, J-Craft, Duraclass, Rugby, Travis, OSW, NTE, WTB, Ground Force, Bucks, and Switch-N-Go brand names. It also offers refuse and recycling collection vehicles, camera systems, ice resurfacing equipment, and snow-removal equipment, as well as safety, and security systems. In addition, this segment engages in the sale of parts, service and repair, equipment rental, and training activities. The Safety and Security Systems Group segment provides systems and products for community alerting, emergency vehicles, first responder interoperable communications, and industrial communications. Its products include vehicle lightbars and sirens, industrial signaling equipment, public warning systems, general alarm systems, and public address systems. This segment sells its products under the Federal Signal, Federal Signal VAMA, and Victor brand names. The company sells its products through wholesaler, distributor, independent manufacturer representative, original equipment manufacturer, and direct sales force, as well as independent foreign distributor. Federal Signal Corporation was founded in 1901 and is headquartered in Oak Brook, Illinois.

Earnings Per Share

As for profitability, Federal Signal Corporation has a trailing twelve months EPS of $2.56.

PE Ratio

Federal Signal Corporation has a trailing twelve months price to earnings ratio of 32.13. Meaning, the purchaser of the share is investing $32.13 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 16.9%.

4. First Busey Corporation (BUSE)

6.5% sales growth and 10.14% 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 $2.18.

PE Ratio

First Busey Corporation has a trailing twelve months price to earnings ratio of 10.8. Meaning, the purchaser of the share is investing $10.8 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 10.14%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 18, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 4.23%.

Moving Average

First Busey Corporation’s worth is below its 50-day moving average of $23.98 and way higher than its 200-day moving average of $21.06.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 24.6% and a negative 5.8%, respectively.

Volume

Today’s last reported volume for First Busey Corporation is 171765 which is 2.96% above its average volume of 166826.

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