Headlines

Provident Financial Services And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Provident Financial Services (PFS), Betterware de Mexico, S.A.P.I de C.V. (BWMX), Arista Networks (ANET) 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)

39% 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 7.46. Meaning, the purchaser of the share is investing $7.46 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%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 10, 2023, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 5.69%.

Yearly Top and Bottom Value

Provident Financial Services’s stock is valued at $17.23 at 11:22 EST, way under its 52-week high of $25.61 and way higher than its 52-week low of $14.54.

Moving Average

Provident Financial Services’s value is above its 50-day moving average of $16.52 and way below its 200-day moving average of $20.07.

Sales Growth

Provident Financial Services’s sales growth is 14.7% for the present quarter and 39% for the next.

2. Betterware de Mexico, S.A.P.I de C.V. (BWMX)

21% sales growth and 57.07% return on equity

Betterware de México, S.A.P.I. de C.V. operates as a direct-to-consumer company. It operates through two segments, The Home Organization Products (Betterware or BWM); and The Beauty and Personal Care Products (JAFRA). The Betterware or BWM segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; and technology and mobility. The JAFRA segment offers beauty and personal care products, such as fragrances; colors comprising cosmetics; skin care products; and toiletries. Betterware de México, S.A.P.I. de C.V. sells its products through catalogues, as well as distributes through a network of distributors, associates, leaders, and consultants to the end customers in Mexico and the United States. The company is headquartered in El Arenal, Mexico. Betterware de México, S.A.P.I. de C.V. is a subsidiary of Ebc Holdings, Inc.

Earnings Per Share

As for profitability, Betterware de Mexico, S.A.P.I de C.V. has a trailing twelve months EPS of $1.25.

PE Ratio

Betterware de Mexico, S.A.P.I de C.V. has a trailing twelve months price to earnings ratio of 10.41. Meaning, the purchaser of the share is investing $10.41 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 57.07%.

Moving Average

Betterware de Mexico, S.A.P.I de C.V.’s value is higher than its 50-day moving average of $12.35 and way above its 200-day moving average of $9.38.

3. Arista Networks (ANET)

17.9% sales growth and 31.99% return on equity

Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, telecommunication service providers, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.

Earnings Per Share

As for profitability, Arista Networks has a trailing twelve months EPS of $4.85.

PE Ratio

Arista Networks has a trailing twelve months price to earnings ratio of 36.08. Meaning, the purchaser of the share is investing $36.08 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 31.99%.

4. Incyte Corporation (INCY)

14.4% sales growth and 7.79% return on equity

Incyte Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics for hematology/oncology, and inflammation and autoimmunity areas in the United States, Europe, Japan, and internationally. The company offers JAKAFI (ruxolitinib), for the treatment of adults with intermediate or high-risk myelofibrosis; MONJUVI (tafasitamab-cxix)/MINJUVI (tafasitamab), for the treatment of adult patients with relapsed or refractory diffuse large B-cell lymphoma; PEMAZYRE (pemigatinib), a fibroblast growth factor receptor kinase inhibitor that act as oncogenic drivers in various liquid and solid tumor types; and ICLUSIG, a kinase inhibitor to treat chronic myeloid leukemia and philadelphia-chromosome positive acute lymphoblastic leukemia. Its clinical stage products include axatilimab, an anti-CSF-1R monoclonal antibody being developed as a therapy for patients with chronic GVHD as well as in additional immune-mediated diseases; and parsaclisib, a PI3Kd inhibitor which is in Phase II clinical trial for follicular lymphoma, marginal zone lymphoma, and mantel cell lymphoma. It also develops retifanlimab, is in Phase III clinical trials for squamous cell carcinoma of the anal canal and non-small cell lung cancer, and Fast Track designation for the treatment of metastatic MSI-H or DNA mismatch repair (dMMR) endometrial cancer; and INCB99280 and INCB99318 currently under Phase I for the treatment solid tumors. It has collaboration out- license agreements with Novartis, Lilly, Innovent, InnoCare, Maruho, and CMS Aesthetics Limited; and in- license agreements with Agenus, Merus, MacroGenics, Syros, MorphoSys, and Syndax. The company was incorporated in 1991 and is headquartered in Wilmington, Delaware.

Earnings Per Share

As for profitability, Incyte Corporation has a trailing twelve months EPS of $1.44.

PE Ratio

Incyte Corporation has a trailing twelve months price to earnings ratio of 42.85. Meaning, the purchaser of the share is investing $42.85 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 7.79%.

Sales Growth

Incyte Corporation’s sales growth is 0.2% for the current quarter and 14.4% for the next.

5. Sempra Energy (SRE)

9% sales growth and 9.68% return on equity

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through four segments: San Diego Gas & Electric Company, Southern California Gas Company, Sempra Texas Utilities, and Sempra Infrastructure. The San Diego Gas & Electric Company segment provides to San Diego and southern Orange counties; and natural gas service to San Diego County. It generates electricity through wind, solar, and other resources. As of December 31, 2022, it offered electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. The Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas. As of December 31, 2022, it serves a population of 21.1 million covering an area of 24,000 square miles. The Sempra Texas Utilities segment engages in the regulated electricity transmission and distribution. As of December 31, 2022, its transmission system included 18,268 circuit miles of transmission lines; 1,207 transmission and distribution substations; interconnection to 146 third-party generation facilities totaling 48,430 MW; and distribution system included approximately 3.9 million points of delivery and consisted of 123,500 miles of overhead and underground lines. The Sempra Infrastructure segment develops, builds, operates, and invests in energy infrastructure to help enable the energy transition in North American markets and worldwide. The company was formerly known as Sempra Energy and changed its name to Sempra in May 2023. Sempra was founded in 1998 and is based in San Diego, California.

Earnings Per Share

As for profitability, Sempra Energy has a trailing twelve months EPS of $7.76.

PE Ratio

Sempra Energy has a trailing twelve months price to earnings ratio of 18.62. Meaning, the purchaser of the share is investing $18.62 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 9.68%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 7.6% and positive 1% for the next.

6. Walt Disney (DIS)

7.1% sales growth and 4.3% return on equity

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners. It also offers direct-to-consumer streaming services through Disney+, Disney+ Hotstar, ESPN+, Hulu, and Star+; sale/licensing of film and television content to third-party television and subscription video-on-demand services; theatrical, home entertainment, and music distribution services; staging and licensing of live entertainment events; and post-production services by Industrial Light & Magic and Skywalker Sound. In addition, the company operates theme parks and resorts, such as Walt Disney World Resort in Florida; Disneyland Resort in California; Disneyland Paris; Hong Kong Disneyland Resort; and Shanghai Disney Resort; Disney Cruise Line, Disney Vacation Club, National Geographic Expeditions, and Adventures by Disney, as well as Aulani, a Disney resort and spa in Hawaii. Further, it licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort; provides consumer products, including licensing of trade names, characters, visual, literary, and other IP for use on merchandise, published materials, and games; operates a direct-to-home satellite distribution platform; sells branded merchandise through retail, online, and wholesale businesses; and develops and publishes books, comic books, and magazines. The Walt Disney Company was founded in 1923 and is based in Burbank, California.

Earnings Per Share

As for profitability, Walt Disney has a trailing twelve months EPS of $2.17.

PE Ratio

Walt Disney has a trailing twelve months price to earnings ratio of 39.72. Meaning, the purchaser of the share is investing $39.72 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 4.3%.

Yearly Top and Bottom Value

Walt Disney’s stock is valued at $86.20 at 11:22 EST, way below its 52-week high of $126.48 and above its 52-week low of $84.07.

Moving Average

Walt Disney’s worth is below its 50-day moving average of $91.63 and way below its 200-day moving average of $96.71.

7. Plains All American Pipeline, L.P. (PAA)

6.6% sales growth and 11.2% return on equity

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), and natural gas in the United States and Canada. The company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. As of December 31, 2019, this segment owned and leased 18,535 miles of active crude oil and NGL pipelines and gathering systems; 35 million barrels of active and above-ground tank capacity; 825 trailers; 50 transport and storage barges; and 20 transport tugs. The Facilities segment provides storage, terminalling, and throughput services for crude oil, NGL, and natural gas; and NGL fractionation and isomerization, and natural gas and condensate processing services. As of December 31, 2019, this segment owned and operated approximately 79 million barrels of crude oil storage capacity; 34 million barrels of NGL storage capacity; 63 billion cubic feet of natural gas storage working capacity; 25 billion cubic feet of base gas; seven natural gas processing plants; a condensate processing facility; eight fractionation plants; 30 crude oil and NGL rail terminals; six marine facilities; and approximately 430 miles of active pipelines. The Supply and Logistics segment purchases crude oil at the wellhead, pipeline, terminal, and rail facilities; stores inventory and NGL; purchases NGL from producers, refiners, processors, and other marketers; extracts NGL; resells or exchanges crude oil and NGL; and transports crude oil and NGL on trucks, barges, railcars, pipelines, and vessels. This segment owned 16 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill; 760 trucks and 900 trailers; and 8,000 crude oil and NGL railcars. The company was founded in 1998 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Plains All American Pipeline, L.P. has a trailing twelve months EPS of $1.52.

PE Ratio

Plains All American Pipeline, L.P. has a trailing twelve months price to earnings ratio of 9.69. Meaning, the purchaser of the share is investing $9.69 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 11.2%.

8. Valmont Industries (VMI)

5.8% sales growth and 17% return on equity

Valmont Industries, Inc. produces and sells fabricated metal products in the United States, Australia, Brazil, Denmark, and internationally. The company operates through four segments: Engineered Support Structures, Utility Support Structures, Coatings, and Irrigation. The Engineered Support Structures segment manufactures and distributes engineered metal, steel, wood, aluminum, and composite poles, towers, and components for lighting, traffic, and wireless communication markets; engineered access systems; integrated structure solutions for smart cities; and highway safety products. The Utility Support Structures segment manufactures engineered steel and concrete pole structures for utility transmission, distribution, substations, and renewable energy generation equipment; and inspection services. The Coatings segment provides hot-dipped galvanizing, anodizing, and powder coating services to preserve and protect metal products. The Irrigation segment manufactures and distributes mechanical irrigation equipment, and related parts and services under the Valley brand name for the agricultural industry; and tubular products for industrial customers. This segment also provides water management solutions and technology for precision agriculture. The company serves municipalities and government entities, commercial lighting fixtures manufacturing companies, contractors, telecommunications and utility companies, and large farms, as well as the general manufacturing sector. Valmont Industries, Inc. was founded in 1946 and is headquartered in Omaha, Nebraska.

Earnings Per Share

As for profitability, Valmont Industries has a trailing twelve months EPS of $12.18.

PE Ratio

Valmont Industries has a trailing twelve months price to earnings ratio of 22.78. Meaning, the purchaser of the share is investing $22.78 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%.

Moving Average

Valmont Industries’s worth is under its 50-day moving average of $284.53 and under its 200-day moving average of $306.54.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 11.6% and 13.8%, respectively.

Leave a Reply

Your email address will not be published. Required fields are marked *