(VIANEWS) – Provident Financial Services (PFS), Mitek Systems (MITK), Alphabet (GOOG) 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)
82.7% sales growth and 10.56% return on equity
Provident Financial Services, Inc. operates as the holding company for Provident Bank that provides various banking services to individuals, families, and businesses in the United States. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. Its 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 auto and recreational vehicle loans. The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, it provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, the company 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. As of December 31, 2019, it operated 83 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania. 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 $2.31.
PE Ratio
Provident Financial Services has a trailing twelve months price to earnings ratio of 7.01. Meaning, the purchaser of the share is investing $7.01 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 10.56%.
Volume
Today’s last reported volume for Provident Financial Services is 75784 which is 87.63% below its average volume of 612968.
Yearly Top and Bottom Value
Provident Financial Services’s stock is valued at $16.20 at 11:22 EST, way below its 52-week high of $25.61 and way higher than its 52-week low of $14.54.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.8%, now sitting on 500.35M for the twelve trailing months.
Moving Average
Provident Financial Services’s value is below its 50-day moving average of $17.89 and way below its 200-day moving average of $21.32.
2. Mitek Systems (MITK)
16.3% sales growth and 3.69% return on equity
Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and browsers to facilitate online user experiences, fraud detection and reduction, and compliant transactions. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications. The company also provides Mobile Fill, an application to prefill forms with user data by snapping a picture of the driver license or other similar identity documents; Mobile Docs, a mobile document scanning solution; and MiSnap, an image capture technology. In addition, it offers CheckReader that enables financial institutions to automatically extract data from checks; XE, a recurrent neural network engine; and ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents. The company sells its solutions primarily to banks, credit unions, lenders, payments processers, card issuers, fintech companies, and others through direct sales teams and channel partners. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California.
Earnings Per Share
As for profitability, Mitek Systems has a trailing twelve months EPS of $0.15.
PE Ratio
Mitek Systems has a trailing twelve months price to earnings ratio of 65.6. Meaning, the purchaser of the share is investing $65.6 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 3.69%.
Yearly Top and Bottom Value
Mitek Systems’s stock is valued at $9.84 at 11:22 EST, way under its 52-week high of $11.95 and way above its 52-week low of $8.32.
Volume
Today’s last reported volume for Mitek Systems is 236551 which is 10% below its average volume of 262847.
Moving Average
Mitek Systems’s value is above its 50-day moving average of $9.28 and under its 200-day moving average of $9.92.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.8%, now sitting on 139.79M for the twelve trailing months.
3. Alphabet (GOOG)
7.4% sales growth and 22.76% return on equity
NVIDIA, Alphabet, Apple, meta and Microsoft are part of zacks earnings previewBut Alphabet appears to have found its mojo back, as the stock’s recent performance shows., This week’s list includes Nvidia (NVDA Quick QuoteNVDA – Free Report) , Microsoft (MSFT Quick QuoteMSFT – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) , Apple (AAPL Quick QuoteAAPL – Free Report) and Meta (META Quick QuoteMETA – Free Report) .
Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment offers products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, platform, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded in 1998 and is headquartered in Mountain View, California.
Earnings Per Share
As for profitability, Alphabet has a trailing twelve months EPS of $4.59.
PE Ratio
Alphabet has a trailing twelve months price to earnings ratio of 27.33. Meaning, the purchaser of the share is investing $27.33 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 22.76%.
Sales Growth
Alphabet’s sales growth is 4.3% for the ongoing quarter and 7.4% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Alphabet’s EBITDA is 4.51.
Previous days news about Alphabet(GOOG)
- According to FXStreet on Monday, 29 May, "Tech Stock Market Report: Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL Stock Market Summary: tech stocks are bullish in Elliott Impulse waves trending higher Elliott Wave Analysis: See video for each stock as they are the much the same but at different price points and will behave differently, such as Tesla will stall at 200 and correct… ", "Video Chapters 00:00 Apple (AAPL) 02:10 Amazon (AMZN) 03:24 NVIDIA (NVDA) 06:31 Meta Platforms (META) 08:10 Netflix (NFLX) 11:07 Alphabet (GOOGL) 13:27 Microsoft (MSFT) 15:10 Tesla (TSLA) 19:04 End"
4. First Horizon National (FHN)
6.9% sales growth and 11.02% return on equity
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; and capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, and corporate and correspondent banking. Further, the company provides transaction processing services including check clearing services and remittance processing, credit cards, investment, and sale of mutual fund and retail insurances, as well as trust, fiduciary, and agency services. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.
Earnings Per Share
As for profitability, First Horizon National has a trailing twelve months EPS of $1.62.
PE Ratio
First Horizon National has a trailing twelve months price to earnings ratio of 6.72. Meaning, the purchaser of the share is investing $6.72 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 11.02%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 32.4% and a drop 2.3% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.2%, now sitting on 3.17B for the twelve trailing months.
