(VIANEWS) – Summit Financial Group (SMMF), iRadimed Corporation (IRMD), NMI Holdings (NMIH) 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. Summit Financial Group (SMMF)
19.6% sales growth and 13.87% return on equity
Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, and Shenandoah Valley and Southwestern regions of Virginia, and the Central region of Kentucky. The company's community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insurance brokerage services. As of December 31, 2020, it operated through 43 banking offices. The company was incorporated in 1987 and is headquartered in Moorefield, West Virginia.
Earnings Per Share
As for profitability, Summit Financial Group has a trailing twelve months EPS of $4.26.
PE Ratio
Summit Financial Group has a trailing twelve months price to earnings ratio of 5.53. Meaning, the purchaser of the share is investing $5.53 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 13.87%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15%, now sitting on 150.03M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 6.3% and a negative 12.9%, respectively.
Yearly Top and Bottom Value
Summit Financial Group’s stock is valued at $23.56 at 20:22 EST, way below its 52-week high of $30.17 and way higher than its 52-week low of $17.06.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.44%.
2. iRadimed Corporation (IRMD)
12.8% sales growth and 21.67% return on equity
IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical support representatives, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.
Earnings Per Share
As for profitability, iRadimed Corporation has a trailing twelve months EPS of $1.06.
PE Ratio
iRadimed Corporation has a trailing twelve months price to earnings ratio of 45.68. Meaning, the purchaser of the share is investing $45.68 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 21.67%.
Moving Average
iRadimed Corporation’s value is above its 50-day moving average of $47.14 and way higher than its 200-day moving average of $38.22.
Volume
Today’s last reported volume for iRadimed Corporation is 14886 which is 57.22% below its average volume of 34798.
3. NMI Holdings (NMIH)
12% sales growth and 18.6% return on equity
NMI Holdings, Inc., through its subsidiaries, provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. The company was incorporated in 2011 and is headquartered in Emeryville, California.
Earnings Per Share
As for profitability, NMI Holdings has a trailing twelve months EPS of $3.51.
PE Ratio
NMI Holdings has a trailing twelve months price to earnings ratio of 8.46. Meaning, the purchaser of the share is investing $8.46 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 18.6%.
4. ICF International (ICFI)
7.1% sales growth and 7.65% return on equity
ICF International, Inc. provides management, marketing, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, market, business, communication, and technology challenges. It also identifies, defines, and implements policies, plans, programs, and business tools through a range of standard and customized methodologies for its clients; conducts survey research; collects and analyzes various data to understand critical issues and options for its clients; and provides actionable business intelligence, as well as information and data management solutions that allow integrated and purpose-driven data usage. In addition, the company provides solutions to optimize the customer and citizen experience; modernizes IT systems; and cyber security solutions that support the range of cyber security missions and protect IT infrastructures in the face of relentless threats, as well as designs, develops, and implements technology systems and business tools that are principal to its clients' mission or business performance. Further, it informs and engages its clients' constituents, customers, and employees through public relations, branding and marketing, multichannel and strategic communications, and reputation issues management. The company serves energy, environment, and infrastructure; health, education, and social programs; safety and security; and consumer and financial markets. The company was formerly known as ICF Consulting Group Holdings, LLC and changed its name to ICF International, Inc. in 2006. ICF International, Inc. was founded in 1969 and is headquartered in Fairfax, Virginia.
Earnings Per Share
As for profitability, ICF International has a trailing twelve months EPS of $3.31.
PE Ratio
ICF International has a trailing twelve months price to earnings ratio of 38.54. Meaning, the purchaser of the share is investing $38.54 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 7.65%.
Previous days news about ICF International(ICFI)
- According to Zacks on Wednesday, 9 August, "Shares of Huron Consulting, Aptiv and ICF International have gained 37.4%, 14.2% and 31.7%, respectively, year to date.", "While Huron Consulting sports a Zacks Rank #1 (Strong Buy), Aptiv and ICF International carry a Zacks Rank #2 (Buy) at present. "
5. Franklin Electric Co. (FELE)
7% sales growth and 18.39% return on equity
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.
Earnings Per Share
As for profitability, Franklin Electric Co. has a trailing twelve months EPS of $4.14.
PE Ratio
Franklin Electric Co. has a trailing twelve months price to earnings ratio of 23.1. Meaning, the purchaser of the share is investing $23.1 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 18.39%.
Sales Growth
Franklin Electric Co.’s sales growth is 5.4% for the present quarter and 7% for the next.
Yearly Top and Bottom Value
Franklin Electric Co.’s stock is valued at $95.64 at 20:22 EST, way under its 52-week high of $107.36 and way above its 52-week low of $77.58.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 1, 2023, the estimated forward annual dividend rate is 0.9 and the estimated forward annual dividend yield is 0.92%.
