(VIANEWS) – Provident Financial Services (PFS), Nexstar Media Group (NXST), Celestica (CLS) 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. Provident Financial Services (PFS)
52.2% sales growth and 7.19% return on equity
Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company's loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. It also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, the company provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, it sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
Earnings Per Share
As for profitability, Provident Financial Services has a trailing twelve months EPS of $1.6.
PE Ratio
Provident Financial Services has a trailing twelve months price to earnings ratio of 11.17. Meaning, the purchaser of the share is investing $11.17 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 7.19%.
Yearly Top and Bottom Value
Provident Financial Services’s stock is valued at $17.88 at 06:22 EST, below its 52-week high of $19.62 and way above its 52-week low of $13.07.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 22.2% and positive 24.4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 8.2%, now sitting on 441.2M for the twelve trailing months.
Sales Growth
Provident Financial Services’s sales growth is 19.6% for the present quarter and 52.2% for the next.
2. Nexstar Media Group (NXST)
25% sales growth and 13.96% return on equity
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Nexstar Media Group has a trailing twelve months EPS of $12.12.
PE Ratio
Nexstar Media Group has a trailing twelve months price to earnings ratio of 14.1. Meaning, the purchaser of the share is investing $14.1 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 13.96%.
Moving Average
Nexstar Media Group’s worth is above its 50-day moving average of $162.65 and higher than its 200-day moving average of $158.60.
Sales Growth
Nexstar Media Group’s sales growth for the next quarter is 25%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 9, 2024, the estimated forward annual dividend rate is 6.76 and the estimated forward annual dividend yield is 4.05%.
3. Celestica (CLS)
12.1% sales growth and 19.1% return on equity
Celestica Inc. provides hardware platform and supply chain solutions in North America, Europe, and Asia. It operates through two segments, Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, engineering, supply chain management, new product introduction, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services. It also provides enterprise-level data communications and information processing infrastructure products, such as routers, switches, data center interconnects, servers, and storage-related products; capacitors, microprocessors, resistors, and memory modules; and power inverters, energy storage products, smart meters, and other electronic componentry. The company serves aerospace and defense, industrial, energy, healthtech, capital equipment, original equipment manufacturers (OEMs), cloud-based, and other service providers, including hyperscalers, and other companies in a range of industries. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Celestica has a trailing twelve months EPS of $2.68.
PE Ratio
Celestica has a trailing twelve months price to earnings ratio of 21.08. Meaning, the purchaser of the share is investing $21.08 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 19.1%.
Moving Average
Celestica’s value is above its 50-day moving average of $55.58 and way higher than its 200-day moving average of $39.85.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.2%, now sitting on 8.33B for the twelve trailing months.
Sales Growth
Celestica’s sales growth is 15.9% for the present quarter and 12.1% for the next.
Volume
Today’s last reported volume for Celestica is 1300730 which is 43.21% below its average volume of 2290670.
Previous days news about Celestica(CLS)
- According to Business Insider on Wednesday, 24 July, "Suncor Energy Inc. (SU.TO), Celestica Inc. (CLS.TO) and Waste Connections Inc (WCN.TO) are scheduled to announce their quarterly earnings after trading hours today."
- Celestica (cls) beats Q2 earnings and revenue estimates. According to Zacks on Wednesday, 24 July, "While Celestica has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
4. WEX (WEX)
8.4% sales growth and 15.34% return on equity
WEX Inc. operates a commerce platform in the United States and internationally. The Fleet Solutions segment offers fleet vehicle payment solutions, transaction processing, and information management services. It also provides account and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and tools to fleets to manage expenses and capital requirements. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Travel and Corporate Solutions segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. Its products include virtual cards that are used for transactions where no physical card is presented. This segment markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals, as well as businesses and financial institutions. The Health and Employee Benefit Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. Its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. This segment also provides custodial and depository services for health savings accounts; and payroll-related benefits. This segment markets its products through third-party administrators, financial institutions, payroll providers, and health plans. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is based in Portland, Maine.
Earnings Per Share
As for profitability, WEX has a trailing twelve months EPS of $6.14.
PE Ratio
WEX has a trailing twelve months price to earnings ratio of 29.4. Meaning, the purchaser of the share is investing $29.4 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 15.34%.
Moving Average
WEX’s value is below its 50-day moving average of $183.66 and below its 200-day moving average of $198.81.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 4.7% and 9.9%, respectively.
Volume
Today’s last reported volume for WEX is 246813 which is 33.22% below its average volume of 369645.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.7%, now sitting on 2.59B for the twelve trailing months.
