(VIANEWS) – Provident Financial Services (PFS), Lantheus Holdings (LNTH), Gentex Corporation (GNTX) 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)
40.1% sales growth and 10.22% 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 $2.31.
PE Ratio
Provident Financial Services has a trailing twelve months price to earnings ratio of 7.33. Meaning, the purchaser of the share is investing $7.33 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 10.22%.
Volume
Today’s last reported volume for Provident Financial Services is 513038 which is 7.8% above its average volume of 475896.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 9, 2023, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 5.28%.
2. Lantheus Holdings (LNTH)
23.4% sales growth and 5.96% return on equity
Lantheus Holdings, Inc. develops, manufactures, and commercializes diagnostic and therapeutic products that assist clinicians in the diagnosis and treatment of heart, cancer, and other diseases worldwide. It provides DEFINITY, an ultrasound enhancing agent used in echocardiography exams; TechneLite, a technetium generator for nuclear medicine; Xenon-133 to assess pulmonary function; Neurolite to identify the area within the brain where blood flow has been blocked or reduced due to stroke; and Cardiolite, an injectable Tc-99m-labeled imaging agent. The company also offers AZEDRA, a radiotherapeutic therapy; Automated Bone Scan Index that calculates the disease burden of prostate cancer by detecting and classifying bone scan tracer uptakes as metastatic or benign lesions using an artificial neural network; RELISTOR for opioid-induced constipation; and PYLARIFY for visualization of lymph nodes, bone, and soft tissue metastases to determine the presence or absence of recurrent and/or metastatic prostate cancer. It also develops flurpiridaz to assess blood flow to the heart; 1095, a PSMA-targeted iodine-131 labeled small molecule; PNT2002 for pre-chemotherapy patients; PNT2003, an SSTR therapy that treats patients with SSTR-positive neuroendocrine tumors; and PYLARIFY AI, an AI-based medical device software to perform standardized quantitative assessment of PSMA PET/CT images in prostate cancer. The company serves hospitals, independent diagnostic testing facilities, government facilities, integrated delivery networks, radiopharmacies, clinics, distirbutors, and group practices. It has strategic partnerships with NanoMab Technology Limited; Bausch Health Companies, Inc.; GE Healthcare Limited; and FUJIFILM. The company was founded in 1956 and is based in Bedford, Massachusetts.
Earnings Per Share
As for profitability, Lantheus Holdings has a trailing twelve months EPS of $0.49.
PE Ratio
Lantheus Holdings has a trailing twelve months price to earnings ratio of 138.35. Meaning, the purchaser of the share is investing $138.35 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 5.96%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Lantheus Holdings’s EBITDA is 4.69.
Moving Average
Lantheus Holdings’s worth is way below its 50-day moving average of $78.73 and under its 200-day moving average of $73.40.
Yearly Top and Bottom Value
Lantheus Holdings’s stock is valued at $67.79 at 11:22 EST, way under its 52-week high of $100.85 and way above its 52-week low of $47.46.
3. Gentex Corporation (GNTX)
14% sales growth and 17.48% return on equity
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. The company sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
Earnings Per Share
As for profitability, Gentex Corporation has a trailing twelve months EPS of $1.56.
PE Ratio
Gentex Corporation has a trailing twelve months price to earnings ratio of 20.67. Meaning, the purchaser of the share is investing $20.67 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 17.48%.
Volume
Today’s last reported volume for Gentex Corporation is 4079860 which is 228.6% above its average volume of 1241570.
Revenue Growth
Year-on-year quarterly revenue growth grew by 25.9%, now sitting on 2.12B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 41.9% and 18.9%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 5, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 1.51%.
Previous days news about Gentex Corporation(GNTX)
- According to Zacks on Monday, 4 September, "Some better-ranked players in the auto space include Oshkosh Corporation (OSK Quick QuoteOSK – Free Report) , Gentex Corporation (GNTX Quick QuoteGNTX – Free Report) and Allison Transmission Holdings, Inc. (ALSN Quick QuoteALSN – Free Report) , each sporting a Zacks Rank #1 (Strong Buy). "
4. NMI Holdings (NMIH)
12.9% sales growth and 18.6% return on equity
NMI Holdings, Inc., through its subsidiaries, provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. The company was incorporated in 2011 and is headquartered in Emeryville, California.
Earnings Per Share
As for profitability, NMI Holdings has a trailing twelve months EPS of $3.59.
PE Ratio
NMI Holdings has a trailing twelve months price to earnings ratio of 7.83. Meaning, the purchaser of the share is investing $7.83 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 18.6%.
Volume
Today’s last reported volume for NMI Holdings is 338605 which is 19.71% below its average volume of 421754.
Moving Average
NMI Holdings’s worth is above its 50-day moving average of $27.03 and way above its 200-day moving average of $23.64.
5. EMCOR Group (EME)
11.7% sales growth and 23.78% return on equity
EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services primarily in the United States and the United Kingdom. It offers design, integration, installation, starts-up, operation, and maintenance services related to electrical power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation in the refining, chemical processing, and food processing industries; low-voltage systems, such as fire alarm, security, and process control systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services. The company also provides building services that cover commercial and government site-based operations and maintenance; facility management, maintenance, and services; outage services to utilities and industrial plants; military base operations support services; mobile mechanical maintenance and services; services for indoor air quality; floor care and janitorial services; landscaping, lot sweeping, and snow removal services; vendor management and call center services; installation and support for building systems; program development, management, and maintenance for energy systems; technical consulting and diagnostic services; infrastructure and building projects; small modification and retrofit projects; and other building services. It offers industrial services to oil, gas, and petrochemical industries. EMCOR Group, Inc. was incorporated in 1987 and is headquartered in Norwalk, Connecticut.
Earnings Per Share
As for profitability, EMCOR Group has a trailing twelve months EPS of $10.01.
PE Ratio
EMCOR Group has a trailing twelve months price to earnings ratio of 22.58. Meaning, the purchaser of the share is investing $22.58 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 23.78%.
Moving Average
EMCOR Group’s worth is way above its 50-day moving average of $203.21 and way above its 200-day moving average of $169.05.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 28.2% and 13.7%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 18, 2023, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 0.32%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.5%, now sitting on 11.71B for the twelve trailing months.
6. Ingersoll (IR)
8.2% sales growth and 7.57% return on equity
Ingersoll Rand Inc. provides various mission-critical air, fluid, energy, specialty vehicle, and medical technologies in the United States, Europe, the Middle East, India, Africa, and the Asia Pacific. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle, Robuschi, Emco Wheaton, and Runtech Systems brands. The Precision and Science Technologies segment designs, manufactures, and markets diaphragm, piston, water-powered, peristaltic, gear, vane, progressive cavity, and syringe pumps; and gas boosters, hydrogen compression systems, automated liquid handling systems, odorant injection systems, controls, software, and other related components and accessories for liquid and gas dosing, transfer, dispensing, compression, sampling, pressure management, and flow control in specialized or critical applications under the Air Dimensions, Albin, ARO, Dosatron, Haskel, LMI, Maximus, Milton Roy, MP, Oberdorfer, Seepex, Thomas, Welch, Williams, YZ, and Zinnser Analytic brand names. This segment's products are used in medical, life sciences, industrial manufacturing, water and waste water, chemical processing, energy, food and beverage, agriculture, and other markets. It sells through an integrated network of direct sales representatives and independent distributors. The company was formerly known as Gardner Denver Holdings, Inc. and changed its name to Ingersoll Rand Inc. in March 2020. Ingersoll Rand Inc. was founded in 1859 and is headquartered in Davidson, North Carolina.
Earnings Per Share
As for profitability, Ingersoll has a trailing twelve months EPS of $1.7.
PE Ratio
Ingersoll has a trailing twelve months price to earnings ratio of 41.19. Meaning, the purchaser of the share is investing $41.19 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 7.57%.
Sales Growth
Ingersoll’s sales growth is 16.3% for the current quarter and 8.2% for the next.
Volume
Today’s last reported volume for Ingersoll is 724442 which is 67.11% below its average volume of 2202630.
Yearly Top and Bottom Value
Ingersoll’s stock is valued at $70.02 at 11:22 EST, above its 52-week high of $69.31.
7. Corporate Office Properties Trust (OFC)
5.9% sales growth and 11.16% return on equity
COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities servicing what the Company believes are growing, durable, priority missions (“Defense/IT Locations”). The Company also owns a portfolio of office properties located in select urban submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”). As of June 30, 2023, the Company derived 90% of its core portfolio annualized rental revenue from Defense/IT Locations and 10% from its Regional Office Properties. As of the same date and including 24 properties owned through unconsolidated joint ventures, COPT's core portfolio of 192 properties encompassed 22.9 million square feet and was 95% leased.
Earnings Per Share
As for profitability, Corporate Office Properties Trust has a trailing twelve months EPS of $1.7.
PE Ratio
Corporate Office Properties Trust has a trailing twelve months price to earnings ratio of 14.73. Meaning, the purchaser of the share is investing $14.73 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 11.16%.
Sales Growth
Corporate Office Properties Trust’s sales growth is 7.7% for the current quarter and 5.9% for the next.
Yearly Top and Bottom Value
Corporate Office Properties Trust’s stock is valued at $25.04 at 11:22 EST, way under its 52-week high of $28.69 and way higher than its 52-week low of $21.59.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Corporate Office Properties Trust’s EBITDA is 7.22.
Revenue Growth
Year-on-year quarterly revenue growth declined by 9%, now sitting on 695.03M for the twelve trailing months.
8. Marriott International (MAR)
5.6% sales growth and 359.95% return on equity
Marriott International, Inc. operates, franchises, and licenses hotel, residential, timeshare, and other lodging properties worldwide. The company operates through U.S. and Canada, and International segments. It operates its properties under the JW Marriott, The Ritz-Carlton, Ritz-Carlton Reserve, W Hotels, The Luxury Collection, St. Regis, EDITION, Bvlgari, Renaissance, Le Méridien, Marriott, Sheraton, Westin, Four Points, Delta Hotels by Marriott, Autograph Collection, Tribute Portfolio, Marriott Hotels, Marriott Executive Apartments, Marriott Vacation Club, Gaylord Hotels, Design Hotels, Courtyard, Residence Inn, Fairfield, SpringHill Suites, TownePlace Suites, Protea Hotels, Aloft Hotels, AC Hotels by Marriott, Element Hotels, and Moxy Hotels brand names. It operates properties under 30 brand names in 138 countries and territories. Marriott International, Inc. was founded in 1927 and is headquartered in Bethesda, Maryland.
Earnings Per Share
As for profitability, Marriott International has a trailing twelve months EPS of $8.84.
PE Ratio
Marriott International has a trailing twelve months price to earnings ratio of 23.09. Meaning, the purchaser of the share is investing $23.09 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 359.95%.
