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

(VIANEWS) – Provident Financial Services (PFS), Lifeway Foods (LWAY), Grand Canyon Education (LOPE) 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. Lifeway Foods (LWAY)

14.9% sales growth and 23.09% return on equity

Lifeway Foods, Inc. produces and markets probiotic-based products in the United States and internationally. Its primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and types. The company also offers European-style soft cheeses; cream and other products; ProBugs, a line of kefir products designed for children; drinkable yogurt; and fresh made butter and sour cream. It sells its products under the Lifeway, Glen Oaks Farms, and Fresh Made brand names, as well as under private labels on behalf of customers primarily through direct sales force, brokers, and distributors. The company was incorporated in 1986 and is based in Morton Grove, Illinois.

Earnings Per Share

As for profitability, Lifeway Foods has a trailing twelve months EPS of $0.85.

PE Ratio

Lifeway Foods has a trailing twelve months price to earnings ratio of 14.55. Meaning, the purchaser of the share is investing $14.55 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 23.09%.

3. Grand Canyon Education (LOPE)

9.7% sales growth and 30.09% return on equity

Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. The company's technology services include learning management system, internal administration, infrastructure, and support services; academic services comprises program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support include admission, financial aid, and field experience and other counseling services. It also offers marketing and communication services, such as lead acquisition, digital communications strategy, brand identity, market research, media planning and strategy, video, and business intelligence and data science; and back-office services comprising finance and accounting, human resources, audit, and procurement services. The company supports healthcare education programs for 27 universities. Grand Canyon Education, Inc. was founded in 1949 and is based in Phoenix, Arizona.

Earnings Per Share

As for profitability, Grand Canyon Education has a trailing twelve months EPS of $7.14.

PE Ratio

Grand Canyon Education has a trailing twelve months price to earnings ratio of 18.99. Meaning, the purchaser of the share is investing $18.99 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 30.09%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 8.9% and 15.9%, respectively.

Yearly Top and Bottom Value

Grand Canyon Education’s stock is valued at $135.57 at 20:22 EST, way under its 52-week high of $156.56 and way above its 52-week low of $100.23.

Volume

Today’s last reported volume for Grand Canyon Education is 417602 which is 128.3% above its average volume of 182911.

Revenue Growth

Year-on-year quarterly revenue growth grew by 9.8%, now sitting on 985.45M for the twelve trailing months.

4. H&E Equipment Services (HEES)

7.5% sales growth and 35.04% return on equity

H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis. The Used Equipment Sales segment sells used equipment from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment provides maintenance and repair services to its rental fleet and equipment customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of aerial work platforms, cranes, earthmoving and material handling equipment, and other general and specialty lines. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.

Earnings Per Share

As for profitability, H&E Equipment Services has a trailing twelve months EPS of $4.66.

PE Ratio

H&E Equipment Services has a trailing twelve months price to earnings ratio of 9.34. Meaning, the purchaser of the share is investing $9.34 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 35.04%.

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