Provident Financial Services And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Provident Financial Services (PFS), Chesapeake Utilities Corporation (CPK), Molina Healthcare (MOH) 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 8.27. Meaning, the purchaser of the share is investing $8.27 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%.

2. Chesapeake Utilities Corporation (CPK)

37.2% sales growth and 9.07% return on equity

Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.

Earnings Per Share

As for profitability, Chesapeake Utilities Corporation has a trailing twelve months EPS of $4.76.

PE Ratio

Chesapeake Utilities Corporation has a trailing twelve months price to earnings ratio of 22.16. Meaning, the purchaser of the share is investing $22.16 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 9.07%.

Sales Growth

Chesapeake Utilities Corporation’s sales growth is 23% for the present quarter and 37.2% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 21.1% and positive 49.1% for the next.

Yearly Top and Bottom Value

Chesapeake Utilities Corporation’s stock is valued at $105.47 at 06:22 EST, way under its 52-week high of $127.90 and way above its 52-week low of $83.80.

3. Molina Healthcare (MOH)

20.5% sales growth and 27.53% return on equity

Molina Healthcare, Inc. provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments, Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.

Earnings Per Share

As for profitability, Molina Healthcare has a trailing twelve months EPS of $18.42.

PE Ratio

Molina Healthcare has a trailing twelve months price to earnings ratio of 16.67. Meaning, the purchaser of the share is investing $16.67 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 27.53%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 0.4% and 23.4%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 20.8%, now sitting on 34.66B for the twelve trailing months.

Volume

Today’s last reported volume for Molina Healthcare is 358480 which is 19.39% below its average volume of 444763.

Yearly Top and Bottom Value

Molina Healthcare’s stock is valued at $307.04 at 06:22 EST, way below its 52-week high of $423.92 and way above its 52-week low of $273.63.

4. Universal Stainless & Alloy Products (USAP)

16.6% sales growth and 4.25% return on equity

Universal Stainless & Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. Its products include stainless steel, nickel alloys, tool steel, and various other alloyed steels. The company offers semi-finished and finished long products in the form of ingots, blooms, billets, and bars; flat rolled products, such as slabs and plates; and customized shapes primarily for original equipment manufacturers (OEMs), which are cold rolled from purchased coiled strip, flat bar, or extruded bar. Its semi-finished long products are primarily used to produce rods; and finished bar products that are principally used by OEMs and by service center customers for distribution to various end users. The company also offers conversion services on materials supplied by its customers. Its products are used in aerospace, power generation, oil and gas, heavy equipment, general, and automotive industries, as well as in the manufacturing of equipment for food handling, health and medical, chemical processing, and pollution control; and manufacturing of metals, plastics, paper and aluminum extrusions, pharmaceuticals, electronics, and optics. The company sells its products to service centers, forgers, rerollers, and OEMs. Universal Stainless & Alloy Products, Inc. was founded in 1994 and is headquartered in Bridgeville, Pennsylvania.

Earnings Per Share

As for profitability, Universal Stainless & Alloy Products has a trailing twelve months EPS of $1.02.

PE Ratio

Universal Stainless & Alloy Products has a trailing twelve months price to earnings ratio of 28.09. Meaning, the purchaser of the share is investing $28.09 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 4.25%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17.9%, now sitting on 297.72M for the twelve trailing months.

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