(VIANEWS) – Redwood Trust (RWT), Community West Bancshares (CWBC), Shopify (SHOP) 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. Redwood Trust (RWT)
62.2% sales growth and 3.07% return on equity
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. The Residential Consumer Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Residential Investor Mortgage Banking segment operates a platform that originates business purpose loans to investors in single-family and multifamily residential properties and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential consumer and investor securitization activities, and business purpose lending bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company is elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.
Earnings Per Share
As for profitability, Redwood Trust has a trailing twelve months EPS of $0.18.
PE Ratio
Redwood Trust has a trailing twelve months price to earnings ratio of 39.22. Meaning, the purchaser of the share is investing $39.22 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 3.07%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 66.7% and 220%, respectively.
Volume
Today’s last reported volume for Redwood Trust is 729881 which is 21.35% below its average volume of 928059.
2. Community West Bancshares (CWBC)
58.6% sales growth and 3.6% return on equity
Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California. The company offers deposit products, such as checking accounts, savings accounts, money market accounts, and fixed rate and fixed maturity certificates of deposit. It also provides commercial, commercial real estate, consumer, manufactured housing, and small business administration loans, as well as agricultural loans for real estate and operating lines; home equity lines of credit collateralized by residential real estate; single family real estate loans; and installment loans consisting of automobile and general-purpose loans. The company serves small to medium-sized businesses and their owners, professionals, high-net worth individuals, and non-profit organizations. It operates through a network of seven branch banking offices in Goleta, Oxnard, Paso Robles, San Luis Obispo, Santa Barbara, Santa Maria, and Ventura. Community West Bancshares was founded in 1989 and is headquartered in Goleta, California.
Earnings Per Share
As for profitability, Community West Bancshares has a trailing twelve months EPS of $0.87.
PE Ratio
Community West Bancshares has a trailing twelve months price to earnings ratio of 21.29. Meaning, the purchaser of the share is investing $21.29 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 3.6%.
3. Shopify (SHOP)
21.1% sales growth and 15.31% return on equity
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.
Earnings Per Share
As for profitability, Shopify has a trailing twelve months EPS of $0.1.
PE Ratio
Shopify has a trailing twelve months price to earnings ratio of 700. Meaning, the purchaser of the share is investing $700 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 15.31%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 12.5% and 8.7%, respectively.
4. Enova International (ENVA)
20.5% sales growth and 14.89% return on equity
Enova International, Inc., a technology and analytics company, provides online financial services in the United States, Brazil, Australia, and Canada. The company offers installment loans; line of credit accounts; receivables purchase agreements; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan. It markets its financing products under the CashNetUSA, NetCredit, OnDeck, Headway Capital, The Business Backer, Simplic, and Pangea names. Enova International, Inc. was incorporated in 2011 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Enova International has a trailing twelve months EPS of $6.
PE Ratio
Enova International has a trailing twelve months price to earnings ratio of 14.31. Meaning, the purchaser of the share is investing $14.31 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 14.89%.
5. Patrick Industries (PATK)
11.6% sales growth and 14.63% return on equity
Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.
Earnings Per Share
As for profitability, Patrick Industries has a trailing twelve months EPS of $6.97.
PE Ratio
Patrick Industries has a trailing twelve months price to earnings ratio of 18.09. Meaning, the purchaser of the share is investing $18.09 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 14.63%.
Moving Average
Patrick Industries’s worth is way higher than its 50-day moving average of $114.49 and way above its 200-day moving average of $105.37.
Yearly Top and Bottom Value
Patrick Industries’s stock is valued at $126.11 at 16:22 EST, under its 52-week high of $136.00 and way higher than its 52-week low of $70.15.
6. Tetra Tech (TTEK)
10.7% sales growth and 18.66% return on equity
Tetra Tech, Inc. provides consulting and engineering services worldwide. The company operates through Government Services Group (GSG) and Commercial/International Services Group (CIG) segments. The GSG segment offers early data collection and monitoring, data analysis and information technology, science and engineering applied research, engineering design, construction management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services. This segment serves federal, state, and local governments, and development agencies in water resources analysis and water management, environmental monitoring, data analytics, government consulting, waste management, and a range of civil infrastructure master planning and engineering design markets. The CIG segment provides early data collection and monitoring, data analysis and information management, feasibility studies and assessments, science and engineering applied research, engineering design, construction management, and operations and maintenance services. This segment serves natural resources, energy, and utilities markets, as well as civil infrastructure master planning and engineering design markets. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California.
Earnings Per Share
As for profitability, Tetra Tech has a trailing twelve months EPS of $5.4.
PE Ratio
Tetra Tech has a trailing twelve months price to earnings ratio of 42.41. Meaning, the purchaser of the share is investing $42.41 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 18.66%.
7. Stewart Information Services Corporation (STC)
9.8% sales growth and 4.26% return on equity
Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction related services in the United States and internationally. The company involves in searching, examining, closing, and insuring the condition of the title to real property. It also offers home and personal insurance services; services for tax-deferred exchanges; and digital customer engagement platform services. It also provides appraisal management, online notarization and closing, credit and real estate information, and search and valuation services. The company serves homebuyers and sellers, residential and commercial real estate professionals, mortgage lenders and servicers, title agencies and real estate attorneys, and home builders through direct operations, network of independent agencies, and other businesses. The company was founded in 1893 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Stewart Information Services Corporation has a trailing twelve months EPS of $1.56.
PE Ratio
Stewart Information Services Corporation has a trailing twelve months price to earnings ratio of 44.73. Meaning, the purchaser of the share is investing $44.73 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 4.26%.
Sales Growth
Stewart Information Services Corporation’s sales growth for the next quarter is 9.8%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 24.4% and 65%, respectively.
Yearly Top and Bottom Value
Stewart Information Services Corporation’s stock is valued at $69.78 at 16:22 EST, under its 52-week high of $74.46 and way higher than its 52-week low of $38.40.
8. PulteGroup (PHM)
5.9% sales growth and 26.97% return on equity
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods brand names. As of December 31, 2022, it controlled 211,112 lots, of which 108,848 were owned and 102,264 were under land option agreements. In addition, the company arranges financing through the origination of mortgage loans primarily for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was founded in 1950 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, PulteGroup has a trailing twelve months EPS of $13.1.
PE Ratio
PulteGroup has a trailing twelve months price to earnings ratio of 9.39. Meaning, the purchaser of the share is investing $9.39 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 26.97%.
Yearly Top and Bottom Value
PulteGroup’s stock is valued at $123.02 at 16:22 EST, below its 52-week high of $135.62 and way above its 52-week low of $68.80.
Previous days news about PulteGroup(PHM)
- Zacks.com featured highlights vital farms, pultegroup, hamilton insurance, greenbrier and kratos. According to Zacks on Friday, 23 August, "Chicago, IL - August 23, 2024 - Stocks in this week’s article are Vital Farms (VITL Quick QuoteVITL – Free Report) , PulteGroup (PHM Quick QuotePHM – Free Report) , Hamilton Insurance Group (HG Quick QuoteHG – Free Report) , The Greenbrier Companies (GBX Quick QuoteGBX – Free Report) and Kratos Defense & Security Solutions (KTOS Quick QuoteKTOS – Free Report) ."
