(VIANEWS) – Ritchie Bros. Auctioneers Incorporated (RBA), Fidus Investment Corporation (FDUS), Carpenter Technology Corporation (CRS) 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. Ritchie Bros. Auctioneers Incorporated (RBA)
102% sales growth and 5.03% return on equity
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.
Earnings Per Share
As for profitability, Ritchie Bros. Auctioneers Incorporated has a trailing twelve months EPS of $1.02.
PE Ratio
Ritchie Bros. Auctioneers Incorporated has a trailing twelve months price to earnings ratio of 66.09. Meaning, the purchaser of the share is investing $66.09 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 5.03%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Ritchie Bros. Auctioneers Incorporated’s EBITDA is 56.21.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 8, 2024, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 1.58%.
Volume
Today’s last reported volume for Ritchie Bros. Auctioneers Incorporated is 173317 which is 80.73% below its average volume of 899524.
Yearly Top and Bottom Value
Ritchie Bros. Auctioneers Incorporated’s stock is valued at $67.41 at 19:22 EST, below its 52-week high of $69.01 and way above its 52-week low of $51.07.
2. Fidus Investment Corporation (FDUS)
12.3% sales growth and 10.84% return on equity
Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $15 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $3 million and $20 million, but it can occasionally invest in larger or smaller companies. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.
Earnings Per Share
As for profitability, Fidus Investment Corporation has a trailing twelve months EPS of $2.18.
PE Ratio
Fidus Investment Corporation has a trailing twelve months price to earnings ratio of 9.05. Meaning, the purchaser of the share is investing $9.05 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 10.84%.
3. Carpenter Technology Corporation (CRS)
8.6% sales growth and 10.28% return on equity
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as drilling tools, and metal powders and parts. It serves aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.
Earnings Per Share
As for profitability, Carpenter Technology Corporation has a trailing twelve months EPS of $2.89.
PE Ratio
Carpenter Technology Corporation has a trailing twelve months price to earnings ratio of 21.92. Meaning, the purchaser of the share is investing $21.92 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 10.28%.
Volume
Today’s last reported volume for Carpenter Technology Corporation is 303871 which is 43.63% below its average volume of 539119.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 144.7% and 66.7%, respectively.
Previous days news about Carpenter Technology Corporation(CRS)
- According to Zacks on Tuesday, 20 February, "Better-ranked stocks in the basic materials space include United States Steel Corporation (X Quick QuoteX – Free Report) , Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) and Alpha Metallurgical Resources Inc. (AMR Quick QuoteAMR – Free Report) ."
- According to Zacks on Tuesday, 20 February, "Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Ecolab Inc. (ECL Quick QuoteECL – Free Report) and Alpha Metallurgical Resources, Inc. (AMR Quick QuoteAMR – Free Report) . "
- According to Zacks on Tuesday, 20 February, "Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Ecolab Inc. (ECL Quick QuoteECL – Free Report) and Alpha Metallurgical Resources, Inc. (AMR Quick QuoteAMR – Free Report) . "
- According to Zacks on Monday, 19 February, "Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Ecolab Inc. (ECL Quick QuoteECL – Free Report) and Alpha Metallurgical Resources, Inc. (AMR Quick QuoteAMR – Free Report) . "
- According to Zacks on Monday, 19 February, "Better-ranked stocks in the basic materials space include United States Steel Corporation (X Quick QuoteX – Free Report) , Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) and Alpha Metallurgical Resources Inc. (AMR Quick QuoteAMR – Free Report) ."
4. Canadian Pacific Railway (CP)
7.9% sales growth and 9.65% return on equity
Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; and merchandise freight, such as energy, chemicals and plastics, metals, minerals and consumer, automotive, and forest products. It transports intermodal traffic comprising retail goods in overseas containers. The company offers rail and intermodal transportation services through a network of approximately 13,000 miles serving business centers in Quebec and British Columbia, Canada; and the United States Northeast and Midwest regions. Canadian Pacific Kansas City Limited is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Canadian Pacific Railway has a trailing twelve months EPS of $3.12.
PE Ratio
Canadian Pacific Railway has a trailing twelve months price to earnings ratio of 27.38. Meaning, the purchaser of the share is investing $27.38 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 9.65%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 2.9% and 17.7%, respectively.
Sales Growth
Canadian Pacific Railway’s sales growth is 52.7% for the present quarter and 7.9% for the next.
5. Beacon Roofing Supply (BECN)
7.4% sales growth and 20.76% return on equity
Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers. It offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment. The company also provides above grade and below grade membranes and coatings, deck and floor coatings, plaza deck waterproofing products, damp proofing coatings, and air and vapor barriers; tools and equipment, including power and hand tools, ladders and scaffolding, air tools and compressors, nails, screws and fasteners, generators, work wear and safety gear, job site supplies, tool bags and belts, welding and soldering, cleaning supplies, drill bits, and saw blades; and solar panels, mounting hardware, inverters, and storage and batteries. As of December 21, 2022, it operated approximately 470 branches in 50 states of the United States and 6 provinces in Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.
Earnings Per Share
As for profitability, Beacon Roofing Supply has a trailing twelve months EPS of $-1.03.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.76%.
Volume
Today’s last reported volume for Beacon Roofing Supply is 63508 which is 91.25% below its average volume of 726426.
6. Jack Henry & Associates (JKHY)
5.4% sales growth and 23.06% return on equity
Jack Henry & Associates, Inc., a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. It operates through four segments: Core, Payments, Complementary, and Corporate and Other. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions; core data processing solutions for various credit unions; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial services organizations and corporate entities. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary products and services that enable core bank and credit union clients to respond to evolving customer/member demands. In addition, the company's core banking platform offerings include SilverLake system, a robust system primarily designed for commercial-focused banks; CIF 20/20, a parameter-driven, easy-to-use system for banks; and Core Director, a cost-efficient system with point-and-click operation, as well as core credit union platform under the Symitar name. Further, it provides digital products and services and electronic payment solutions; purchases and resells hardware systems, including servers, workstations, scanners, and other devices; implementation, training, and support services; and software licensing and related services, professional services, and data centers. Jack Henry & Associates, Inc. was founded in 1976 and is headquartered in Monett, Missouri.
Earnings Per Share
As for profitability, Jack Henry & Associates has a trailing twelve months EPS of $5.11.
PE Ratio
Jack Henry & Associates has a trailing twelve months price to earnings ratio of 33.75. Meaning, the purchaser of the share is investing $33.75 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 23.06%.
