(VIANEWS) – Progyny (PGNY), MGP Ingredients (MGPI), Deere & Company (DE) 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. Progyny (PGNY)
35.6% sales growth and 12.23% return on equity
Progyny, Inc., a benefits management company, specializes in fertility and family building benefits solutions for employers in the United States. Its fertility benefits solution includes differentiated benefits plan design, personalized concierge-style member support services, and selective network of fertility specialists. The company also offers Progyny Rx, an integrated pharmacy benefits solution that provides its members with access to the medications needed during their treatment. In addition, it provides surrogacy and adoption reimbursement programs for employers. The company was formerly known as Auxogyn, Inc. and changed its name to Progyny, Inc. in 2015. Progyny, Inc. was incorporated in 2008 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Progyny has a trailing twelve months EPS of $0.43.
PE Ratio
Progyny has a trailing twelve months price to earnings ratio of 83.6. Meaning, the purchaser of the share is investing $83.6 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 12.23%.
Sales Growth
Progyny’s sales growth is 34.3% for the ongoing quarter and 35.6% for the next.
Moving Average
Progyny’s value is above its 50-day moving average of $33.40 and higher than its 200-day moving average of $35.72.
Revenue Growth
Year-on-year quarterly revenue growth grew by 50%, now sitting on 873.09M for the twelve trailing months.
Volume
Today’s last reported volume for Progyny is 1084370 which is 12.62% above its average volume of 962783.
2. MGP Ingredients (MGPI)
13.7% sales growth and 14.09% return on equity
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. It operates through two segments, Distillery Products and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also provides fuel grade alcohol for blending with gasoline; distillers feed and related co-products, such as distillers feed and corn oil; and warehouse services, including barrel put away, storage, and retrieval services, as well as blending services. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym Resistant Starch, FiberRite RW Resistant Starch, Pregel Instant Starch, and Midsol Cook-up Starch names; specialty wheat proteins for food applications under the Arise and Proterra names; gluten free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins. The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, Japan, Thailand, Mexico, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.
Earnings Per Share
As for profitability, MGP Ingredients has a trailing twelve months EPS of $4.62.
PE Ratio
MGP Ingredients has a trailing twelve months price to earnings ratio of 21.43. Meaning, the purchaser of the share is investing $21.43 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 14.09%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MGP Ingredients’s EBITDA is 3.06.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 17, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 0.47%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 9.6% and 25.5%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3%, now sitting on 788.13M for the twelve trailing months.
3. Deere & Company (DE)
10.3% sales growth and 41.7% return on equity
Deere & Company manufactures and distributes various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters, harvesting front-end equipment, sugarcane loaders, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.
Earnings Per Share
As for profitability, Deere & Company has a trailing twelve months EPS of $26.37.
PE Ratio
Deere & Company has a trailing twelve months price to earnings ratio of 13.82. Meaning, the purchaser of the share is investing $13.82 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 41.7%.
Yearly Top and Bottom Value
Deere & Company’s stock is valued at $364.44 at 01:22 EST, way under its 52-week high of $448.40 and way higher than its 52-week low of $283.81.
Volume
Today’s last reported volume for Deere & Company is 6746490 which is 329.26% above its average volume of 1571650.
4. Mercantile Bank Corporation (MBWM)
5.1% sales growth and 15.61% return on equity
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial, residential mortgage, and instalment loans; vacant land, land development, and residential construction loans; owner and non-owner occupied, and multi-family and residential rental property real estate loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as loans for new and used automobiles, boats, and credit cards, as well as overdraft protection services. In addition, it provides courier services and safe deposit facilities; repurchase agreements; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 27 automated teller machines and 13 video banking machines. The company operates 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Mercantile Bank Corporation has a trailing twelve months EPS of $4.43.
PE Ratio
Mercantile Bank Corporation has a trailing twelve months price to earnings ratio of 5.54. Meaning, the purchaser of the share is investing $5.54 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 15.61%.
Moving Average
Mercantile Bank Corporation’s worth is way below its 50-day moving average of $30.13 and way below its 200-day moving average of $32.86.
