(VIANEWS) – StoneCastle Financial Corp (BANX), ResMed (RMD), Mercer International (MERC) 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. StoneCastle Financial Corp (BANX)
37.9% sales growth and 3.56% return on equity
ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in debt and subordinated debt, structured notes and securities, regulatory capital securities which are rated below investment grade. ArrowMark Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, StoneCastle Financial Corp has a trailing twelve months EPS of $0.75.
PE Ratio
StoneCastle Financial Corp has a trailing twelve months price to earnings ratio of 24.01. Meaning, the purchaser of the share is investing $24.01 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 3.56%.
2. ResMed (RMD)
17.4% sales growth and 23.52% return on equity
ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, and cloud-based software informatics solutions to manage patient outcomes, as well as provides customer and business processes. The company also provides AirView, a cloud-based system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools for increased patient engagement and improved compliance; U-Sleep, a compliance monitoring solution that enables home medical equipment (HME)to streamline their sleep programs; connectivity module and propeller solutions; and Propeller portal. It offers out-of-hospital software solution, such as Brightree business management software and service solutions to providers of HME, pharmacy, home infusion, orthotics, and prosthetics services; MatrixCare care management and related ancillary solutions to senior living, skilled nursing, life plan communities, home health, home care, and hospice organizations, as well as related accountable care organizations; and HEALTHCAREfirst that offers electronic health record, software, billing and coding services, and analytics for home health and hospice agencies. The company markets its products primarily to sleep clinics, home healthcare dealers, and hospitals through a network of distributors and direct sales force in approximately 140 countries. ResMed Inc. was founded in 1989 and is headquartered in San Diego, California.
Earnings Per Share
As for profitability, ResMed has a trailing twelve months EPS of $5.52.
PE Ratio
ResMed has a trailing twelve months price to earnings ratio of 43.02. Meaning, the purchaser of the share is investing $43.02 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 23.52%.
Sales Growth
ResMed’s sales growth is 20.6% for the present quarter and 17.4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.5%, now sitting on 3.76B for the twelve trailing months.
Volume
Today’s last reported volume for ResMed is 235299 which is 58.43% below its average volume of 566037.
Previous days news about ResMed(RMD)
- Resmed (rmd) Q3 earnings and revenues beat estimates. According to Zacks on Thursday, 27 April, "While ResMed has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
3. Mercer International (MERC)
12.7% sales growth and 32.23% return on equity
Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) pulp in Europe, the United States, Asia, and internationally. It operates through two segments, Pulp and Wood Products. The company also generates and sells green energy produced from biomass cogeneration power plant to third party utilities. In addition, it manufactures, distributes, and sells lumber and other wood residuals. Further, the company produces NBSK pulp primarily from wood chips, pulp logs, and sawlogs; carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste; and tall oil for use as a chemical additive and green energy source. It sells its pulp to tissue, specialty paper, and printing and writing paper, and other manufacturers; and lumber products to distributors, construction firms, secondary manufacturers, retail yards, and home centers. The company was founded in 1968 and is headquartered in Vancouver, Canada.
Earnings Per Share
As for profitability, Mercer International has a trailing twelve months EPS of $3.63.
PE Ratio
Mercer International has a trailing twelve months price to earnings ratio of 2.5. Meaning, the purchaser of the share is investing $2.5 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 32.23%.
4. Hartford Financial Services Group (HIG)
12.1% sales growth and 11.53% return on equity
The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
Earnings Per Share
As for profitability, Hartford Financial Services Group has a trailing twelve months EPS of $5.44.
PE Ratio
Hartford Financial Services Group has a trailing twelve months price to earnings ratio of 13.08. Meaning, the purchaser of the share is investing $13.08 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 11.53%.
Volume
Today’s last reported volume for Hartford Financial Services Group is 575018 which is 75.04% below its average volume of 2304040.
Sales Growth
Hartford Financial Services Group’s sales growth is 9.7% for the present quarter and 12.1% for the next.
Yearly Top and Bottom Value
Hartford Financial Services Group’s stock is valued at $71.13 at 11:23 EST, way below its 52-week high of $79.44 and way above its 52-week low of $60.17.
5. Regions Financial Corporation (RF)
11.4% sales growth and 13.1% return on equity
Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services. It serves corporate, middle market, and commercial real estate developers and investors. The Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, consumer credit cards, and other consumer loans, as well as deposits. The Wealth Management segment offers credit related products, and retirement and savings solutions; and trust and investment management, asset management, and estate planning services to individuals, businesses, governmental institutions, and non-profit entities. It also provides investment and insurance products; low-income housing tax credit corporate fund syndication services; and other specialty financing services. The company was founded in 1971 and is headquartered in Birmingham, Alabama.
Earnings Per Share
As for profitability, Regions Financial Corporation has a trailing twelve months EPS of $2.39.
PE Ratio
Regions Financial Corporation has a trailing twelve months price to earnings ratio of 7.64. Meaning, the purchaser of the share is investing $7.64 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 13.1%.
Volume
Today’s last reported volume for Regions Financial Corporation is 632002 which is 94.89% below its average volume of 12376900.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.9%, now sitting on 6.94B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 20% and 8.5%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 4.32%.
6. Independent Bank Corporation (IBCP)
9.1% sales growth and 16.98% return on equity
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and nine loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $2.97.
PE Ratio
Independent Bank Corporation has a trailing twelve months price to earnings ratio of 5.81. Meaning, the purchaser of the share is investing $5.81 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 16.98%.
Moving Average
Independent Bank Corporation’s value is way under its 50-day moving average of $19.64 and way under its 200-day moving average of $21.29.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 28.6% and a negative 1.6%, respectively.
Volume
Today’s last reported volume for Independent Bank Corporation is 36050 which is 63.93% below its average volume of 99962.
7. Iron Mountain Incorporated (IRM)
6.6% sales growth and 67.67% return on equity
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,480 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
Earnings Per Share
As for profitability, Iron Mountain Incorporated has a trailing twelve months EPS of $1.9.
PE Ratio
Iron Mountain Incorporated has a trailing twelve months price to earnings ratio of 27.77. Meaning, the purchaser of the share is investing $27.77 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 67.67%.
