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

(VIANEWS) – Provident Financial Services (PFS), HCI Group (HCI), XP (XP) 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)

71.5% sales growth and 7.81% 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 $1.71.

PE Ratio

Provident Financial Services has a trailing twelve months price to earnings ratio of 9.32. Meaning, the purchaser of the share is investing $9.32 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 7.81%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Feb 8, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 6.02%.

2. HCI Group (HCI)

43.3% sales growth and 18.24% return on equity

HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in Florida. It provides residential insurance products, such as homeowners, fire, flood, and wind-only insurance to homeowners, condominium owners, and tenants for properties, as well as offers reinsurance programs. The company also owns and operates waterfront properties and retail shopping centers, and an office building, as well as commercial properties for investment purposes. In addition, it designs and develops web-based applications and products for mobile devices, including SAMS, an online policy administration platform; Harmony, a policy administration platform; ClaimColony, an end-to-end claims management platform; and AtlasViewer, a mapping and data visualization platform. The company was formerly known as Homeowners Choice, Inc. and changed its name to HCI Group, Inc. in May 2013. HCI Group, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida.

Earnings Per Share

As for profitability, HCI Group has a trailing twelve months EPS of $4.18.

PE Ratio

HCI Group has a trailing twelve months price to earnings ratio of 22.44. Meaning, the purchaser of the share is investing $22.44 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 18.24%.

Yearly Top and Bottom Value

HCI Group’s stock is valued at $93.79 at 05:22 EST, under its 52-week high of $96.00 and way higher than its 52-week low of $48.08.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 15, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 1.71%.

Sales Growth

HCI Group’s sales growth is 21.3% for the present quarter and 43.3% for the next.

3. XP (XP)

24.3% sales growth and 19.43% return on equity

XP Inc. provides financial products and services in Brazil. It operates XP Platform, an open product platform that provides clients to access investment products in the market comprising brokerage securities, fixed income securities, mutual, hedge, and private equity funds; derivatives and synthetic instruments; credit cards; loan operations/collateralized credit products; pension and social security funds, and life and travel insurance products; and other investment products comprising real estate funds, and equity and debt capital markets solutions, as well as wealth management services. The company offers brokerage and issuer services to institutional and corporate clients. It also manages mutual funds focused on stocks and macro strategies distributed to retail and to institutional clients; funds and managed portfolios for high-net-worth retail clients, and proprietary treasury funds; and passive mutual funds that track market indexes, and mutual and investment funds focused on fixed income, credit, real estate, infrastructure, and other alternative strategies. In addition, the company offers securities brokerage services for institutional and retail investors; interdealer brokerage services for institutional traders; and commercial and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits, as well as develops and sells financial education courses and events online and in person to retail clients. It offers its sell products and services through its omni-channel distribution network and online portals. XP Inc. was founded in 2001 and is based in Grand Cayman, Cayman Islands.

Earnings Per Share

As for profitability, XP has a trailing twelve months EPS of $1.33.

PE Ratio

XP has a trailing twelve months price to earnings ratio of 17.84. Meaning, the purchaser of the share is investing $17.84 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 19.43%.

Sales Growth

XP’s sales growth is 26.4% for the present quarter and 24.3% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

XP’s EBITDA is 7.7.

Moving Average

XP’s worth is below its 50-day moving average of $25.26 and above its 200-day moving average of $23.35.

4. Ares Management L.P. (ARES)

17.6% sales growth and 23.32% return on equity

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

Earnings Per Share

As for profitability, Ares Management L.P. has a trailing twelve months EPS of $2.42.

PE Ratio

Ares Management L.P. has a trailing twelve months price to earnings ratio of 54.38. Meaning, the purchaser of the share is investing $54.38 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 23.32%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 32.4% and 16.7%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Ares Management L.P.’s EBITDA is 70.36.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 3.24 and the estimated forward annual dividend yield is 2.47%.

Volume

Today’s last reported volume for Ares Management L.P. is 106927 which is 88.34% below its average volume of 917773.

5. OSI Systems (OSIS)

13.5% sales growth and 16.02% return on equity

OSI Systems, Inc. designs, manufactures, and sells electronic systems and components worldwide. It operates through three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, radiation detection, hold baggage and people screening, and explosive and narcotics trace detection systems under the Rapiscan Systems and AS&E names. It also provides site design, installation, training, and technical support services; and security screening solutions under the S2 name. The Healthcare segment offers patient monitoring and diagnostic cardiology systems, and related supplies and accessories under the Spacelabs name for use in critical care, emergency, and perioperative areas within hospitals, physicians' offices, medical clinics, and ambulatory surgery centers. The Optoelectronics and Manufacturing segment provides optoelectronic devices under the OSI Optoelectronics, OSI LaserDiode, OSI Laserscan, Semicoa, and Advanced Photonix names for the aerospace and defense, avionics, medical imaging and diagnostics, biochemistry analysis, pharmaceutical, nanotechnology, telecommunications, construction, and homeland security markets. It also offers electronics manufacturing services to original equipment manufacturers and end users for medical, automotive, defense, aerospace, industrial, and consumer applications under the OSI Electronics, APlus Products, Altaflex, and PFC names; and LCD displays for medical, industrial, and consumer electronics applications, as well as flex circuits for OEM customers. This segment offers laser-based remote sensing devices to detect and classify vehicles in toll and traffic management systems under the OSI Laserscan and Autosense names; and solid-state laser products for aerospace, defense, telecommunication, and medical applications under the OSI LaserDiode name. The company was incorporated in 1987 and is headquartered in Hawthorne, California.

Earnings Per Share

As for profitability, OSI Systems has a trailing twelve months EPS of $6.6.

PE Ratio

OSI Systems has a trailing twelve months price to earnings ratio of 20.4. Meaning, the purchaser of the share is investing $20.4 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 16.02%.

Yearly Top and Bottom Value

OSI Systems’s stock is valued at $134.63 at 05:22 EST, below its 52-week high of $139.90 and way above its 52-week low of $89.72.

6. Trinity Industries (TRN)

11.8% sales growth and 8.7% return on equity

Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2022, it had a fleet of 108,440 railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Trinity Industries has a trailing twelve months EPS of $1.07.

PE Ratio

Trinity Industries has a trailing twelve months price to earnings ratio of 24.07. Meaning, the purchaser of the share is investing $24.07 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 8.7%.

7. Hyster (HY)

10.9% sales growth and 48.4% return on equity

Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. The company markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. It also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks. In addition, the company produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets. Further, it designs, manufactures, and sells hydrogen fuel-cell stacks and engines. The company serves light and heavy manufacturers, trucking and automotive companies, rental companies, building materials and paper suppliers, lumber, metal products, warehouses, retailers, food distributors, container handling companies, and U.S. and non-U.S. governmental agencies. Hyster-Yale Materials Handling, Inc. was incorporated in 1991 and is headquartered in Cleveland, Ohio.

Earnings Per Share

As for profitability, Hyster has a trailing twelve months EPS of $6.28.

PE Ratio

Hyster has a trailing twelve months price to earnings ratio of 10.99. Meaning, the purchaser of the share is investing $10.99 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 48.4%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Hyster’s EBITDA is 16.9.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.2%, now sitting on 4.08B for the twelve trailing months.

Moving Average

Hyster’s worth is way higher than its 50-day moving average of $61.16 and way above its 200-day moving average of $50.71.

Volume

Today’s last reported volume for Hyster is 48989 which is 44.03% below its average volume of 87537.

8. Verra Mobility Corporation (VRRM)

6.7% sales growth and 27.45% return on equity

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Canada, and Europe. It operates through two segments, Government Solutions and Commercial Services. The Government Solutions segment offers automated safety solutions, including services and technologies that enable photo enforcement through road safety camera programs, which detects and process traffic violations related to red light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Commercial Services segment provides automated toll and violations management, and title and registration solutions to rental car companies, fleet management companies, and other large fleet owners. The company is headquartered in Mesa, Arizona.

Earnings Per Share

As for profitability, Verra Mobility Corporation has a trailing twelve months EPS of $0.46.

PE Ratio

Verra Mobility Corporation has a trailing twelve months price to earnings ratio of 47.17. Meaning, the purchaser of the share is investing $47.17 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 27.45%.

Moving Average

Verra Mobility Corporation’s worth is below its 50-day moving average of $22.50 and higher than its 200-day moving average of $20.11.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 4% and 7.7%, respectively.

Yearly Top and Bottom Value

Verra Mobility Corporation’s stock is valued at $21.70 at 05:22 EST, way under its 52-week high of $24.34 and way above its 52-week low of $16.22.

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