(VIANEWS) – Provident Financial Services (PFS), Evercore Partners (EVR), Middlesex Water Company (MSEX) 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 9.91. Meaning, the purchaser of the share is investing $9.91 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%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 20% and positive 24.4% for the next.
Sales Growth
Provident Financial Services’s sales growth is 19.6% for the current quarter and 52.2% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 26, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 6.05%.
2. Evercore Partners (EVR)
30.8% sales growth and 17.78% return on equity
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers strategic advisory services, such as mergers and acquisitions, strategic, defense, and shareholder advisory, special committee assignments, and transaction structuring; Capital Markets Advisory, including equity capital markets, restructuring, debt advisory, private placement advisory, market risk management and hedging, private capital advisory, and private funds; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients. The Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments; and manages financial assets for institutional investors. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Evercore Partners has a trailing twelve months EPS of $6.4.
PE Ratio
Evercore Partners has a trailing twelve months price to earnings ratio of 30.54. Meaning, the purchaser of the share is investing $30.54 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 17.78%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 31, 2024, the estimated forward annual dividend rate is 3.2 and the estimated forward annual dividend yield is 1.65%.
Volume
Today’s last reported volume for Evercore Partners is 103265 which is 72.55% below its average volume of 376264.
Moving Average
Evercore Partners’s value is above its 50-day moving average of $190.38 and way higher than its 200-day moving average of $160.57.
3. Middlesex Water Company (MSEX)
14.5% sales growth and 7.62% return on equity
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
Earnings Per Share
As for profitability, Middlesex Water Company has a trailing twelve months EPS of $1.76.
PE Ratio
Middlesex Water Company has a trailing twelve months price to earnings ratio of 28.66. Meaning, the purchaser of the share is investing $28.66 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 7.62%.
Yearly Top and Bottom Value
Middlesex Water Company’s stock is valued at $50.44 at 20:22 EST, way below its 52-week high of $84.38 and way above its 52-week low of $45.42.
Volume
Today’s last reported volume for Middlesex Water Company is 85534 which is 51.84% below its average volume of 177632.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 1.3 and the estimated forward annual dividend yield is 2.64%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.6%, now sitting on 166.27M for the twelve trailing months.
4. NAPCO Security Technologies (NSSC)
13.1% sales growth and 30.06% return on equity
Napco Security Technologies, Inc. develops, manufactures, and sells security products in the United States and internationally. The company offers access control systems, door-locking products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks. The company's alarm systems include automatic communicators, cellular communication devices, control panels, combination control panels/digital communicators and digital keypad systems, fire alarm control panels, and area detectors; and video surveillance systems comprise video cameras, control panels, video monitors, or PCs. It also buys and resells various identification readers, video cameras, PC-based computers, and peripheral equipment for access control and video surveillance systems; offers school security products; and markets peripheral and related equipment manufactured by other companies. The company markets and sells its products primarily to independent distributors, dealers, and installers of security equipment. Napco Security Technologies, Inc. was founded in 1969 and is headquartered in Amityville, New York.
Earnings Per Share
As for profitability, NAPCO Security Technologies has a trailing twelve months EPS of $1.16.
PE Ratio
NAPCO Security Technologies has a trailing twelve months price to earnings ratio of 37.17. Meaning, the purchaser of the share is investing $37.17 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 30.06%.
Volume
Today’s last reported volume for NAPCO Security Technologies is 216354 which is 45% below its average volume of 393374.
5. Norwegian Cruise Line (NCLH)
6.5% sales growth and 261.18% return on equity
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.
Earnings Per Share
As for profitability, Norwegian Cruise Line has a trailing twelve months EPS of $0.39.
PE Ratio
Norwegian Cruise Line has a trailing twelve months price to earnings ratio of 45.55. Meaning, the purchaser of the share is investing $45.55 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 261.18%.
6. Northeast Bank (NBN)
5.3% sales growth and 18.22% return on equity
Northeast Bank provides personal and business banking services in Maine, the United States. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, cash management, and remote deposit capture services, as well as debit and credit card, ATM, electronic transfer, and check services. It operates a network of nine branches in Western, Central, and Southern Maine. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine.
Earnings Per Share
As for profitability, Northeast Bank has a trailing twelve months EPS of $7.17.
PE Ratio
Northeast Bank has a trailing twelve months price to earnings ratio of 7.24. Meaning, the purchaser of the share is investing $7.24 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 18.22%.
Yearly Top and Bottom Value
Northeast Bank’s stock is valued at $51.93 at 20:22 EST, way under its 52-week high of $59.00 and way above its 52-week low of $34.20.
Sales Growth
Northeast Bank’s sales growth for the next quarter is 5.3%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.9%, now sitting on 143.21M for the twelve trailing months.
