(VIANEWS) – Selective Insurance Group (SIGI), Axalta Coating Systems Ltd. (AXTA), SciPlay Corporation (SCPL) 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. Selective Insurance Group (SIGI)
13.3% sales growth and 9.59% return on equity
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, as well as equity securities and alternative investment portfolio. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
Earnings Per Share
As for profitability, Selective Insurance Group has a trailing twelve months EPS of $4.13.
PE Ratio
Selective Insurance Group has a trailing twelve months price to earnings ratio of 23.23. Meaning, the purchaser of the share is investing $23.23 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 9.59%.
Volume
Today’s last reported volume for Selective Insurance Group is 447521 which is 54.77% above its average volume of 289144.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 11, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 1.25%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.2%, now sitting on 3.71B for the twelve trailing months.
2. Axalta Coating Systems Ltd. (AXTA)
6.6% sales growth and 13.95% return on equity
Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through two segments, Performance Coatings and Transportation Coatings. The company offers water and solvent borne products and systems to repair damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops. It also provides functional and decorative liquid and powder coatings used in various industrial applications, including architectural cladding and fittings, automotive coatings, general industrial, job coaters, electrical insulation coatings, HVAC, appliances, industrial wood, coil, rebar, and oil and gas pipelines; and wood coatings for building product, cabinet, flooring, and furniture markets under the Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Tufcote, and Ceranamel for liquid coatings; and Alesta, Nap-Gard, Abcite, and Plascoat brands for powder coatings. In addition, the company develops and supplies electrocoat, primer, basecoat, and clearcoat products for OEMs of light and commercial vehicles; and various coatings systems for various commercial applications, including HDT, bus, and rail under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands; and sells and ships its products to light vehicle OEM customers. It also sells its product under the Audurra, Challenger, Chemophan, ColorNet, Cromax, Cromax Mosaic, Durapon 70, Duxone, Harmonized Coating Technologies, Imron ExcelPro, Lutophen, Nason, Spies Hecker, Standox, Stollaquid, Syntopal, Syrox, and Vermeera brand names. The company was formerly known as Axalta Coating Systems Bermuda Co., Ltd. and changed its name to Axalta Coating Systems Ltd. in August 2014. Axalta Coating Systems Ltd. was founded in 1866 and is headquartered in Philadelphia, Pennsylvania.
Earnings Per Share
As for profitability, Axalta Coating Systems Ltd. has a trailing twelve months EPS of $0.95.
PE Ratio
Axalta Coating Systems Ltd. has a trailing twelve months price to earnings ratio of 34.26. Meaning, the purchaser of the share is investing $34.26 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 13.95%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Axalta Coating Systems Ltd.’s EBITDA is 50.63.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 7.3% and positive 7.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.4%, now sitting on 4.99B for the twelve trailing months.
Moving Average
Axalta Coating Systems Ltd.’s worth is higher than its 50-day moving average of $31.14 and way higher than its 200-day moving average of $27.96.
3. SciPlay Corporation (SCPL)
6.3% sales growth and 26.5% return on equity
SciPlay Corporation develops, markets, and operates a portfolio of social games for mobile and web platforms in North America and internationally. It offers social casino games, such as Jackpot Party Casino, Gold Fish Casino, Quick Hit Slots, 88 Fortunes Slots, MONOPOLY Slots, and Hot Shot Casino, as well as casual games comprising Bingo Showdown, Solitaire Pets Adventure, and Backgammon Live. The company's social casino games include slots-style game play, as well as table games-style game play; and casual games blend slots-style or bingo game play with adventure game features. It also offers titles and content from third-party licensed brands. The company was formerly known as SG Social Games Corporation and changed its name to SciPlay Corporation in March 2019. SciPlay Corporation was founded in 1997 and is based in Las Vegas, Nevada. SciPlay Corporation is a subsidiary of Scientific Games Corporation.
Earnings Per Share
As for profitability, SciPlay Corporation has a trailing twelve months EPS of $0.97.
PE Ratio
SciPlay Corporation has a trailing twelve months price to earnings ratio of 20.23. Meaning, the purchaser of the share is investing $20.23 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 26.5%.
