Summit Financial Group And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Summit Financial Group (SMMF), Progress Software Corporation (PRGS), Toronto Dominion Bank (TD) 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)

29.5% sales growth and 15.61% 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 $4.08.

PE Ratio

Summit Financial Group has a trailing twelve months price to earnings ratio of 6.79. Meaning, the purchaser of the share is investing $6.79 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 15.61%.

2. Progress Software Corporation (PRGS)

15.1% sales growth and 25.15% return on equity

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Earnings Per Share

As for profitability, Progress Software Corporation has a trailing twelve months EPS of $2.22.

PE Ratio

Progress Software Corporation has a trailing twelve months price to earnings ratio of 24.52. Meaning, the purchaser of the share is investing $24.52 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 25.15%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 1.24%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 13.5% and a negative 3%, respectively.

Sales Growth

Progress Software Corporation’s sales growth is 12.5% for the present quarter and 15.1% for the next.

Yearly Top and Bottom Value

Progress Software Corporation’s stock is valued at $54.43 at 16:22 EST, under its 52-week high of $59.36 and way higher than its 52-week low of $40.33.

3. Toronto Dominion Bank (TD)

13.7% sales growth and 16.5% return on equity

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking segments. The company offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; property and casualty insurance; and life and health insurance products, as well as reinsurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions. It offers its products and services under the TD Bank and America's Most Convenient Bank brand names. The company operates through a network of 1,060 branches and 3,401 automated teller machines (ATMs) in Canada, and 1,160 stores and 2,693 ATMs in the United States, as well as offers telephone, digital, and mobile banking services. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Toronto Dominion Bank has a trailing twelve months EPS of $6.11.

PE Ratio

Toronto Dominion Bank has a trailing twelve months price to earnings ratio of 11.01. Meaning, the purchaser of the share is investing $11.01 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 16.5%.

4. Arcos Dorados Holdings (ARCO)

13.4% sales growth and 61.5% return on equity

Arcos Dorados Holdings Inc. operates as a franchisee of McDonald's restaurants. It has the exclusive right to own, operate, and grant franchises of McDonald's restaurants in 20 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay, the U.S. Virgin Islands of St. Croix and St. Thomas, and Venezuela. As of December 31, 2019, it operated or franchised 2,293 restaurants. Arcos Dorados Holdings Inc. was founded in 2007 and is based in Montevideo, Uruguay.

Earnings Per Share

As for profitability, Arcos Dorados Holdings has a trailing twelve months EPS of $-0.73.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 61.5%.

Yearly Top and Bottom Value

Arcos Dorados Holdings’s stock is valued at $7.35 at 16:22 EST, way under its 52-week high of $9.04 and way above its 52-week low of $6.23.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 21, 2022, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 1.48%.

Volume

Today’s last reported volume for Arcos Dorados Holdings is 849528 which is 12.96% above its average volume of 752047.

Previous days news about Arcos Dorados Holdings(ARCO)

  • According to Zacks on Wednesday, 5 April, "Some better-ranked stocks in the Zacks Retail-Wholesale sector are Arcos Dorados Holdings Inc. (ARCO Quick QuoteARCO – Free Report) and Bloomin’ Brands, Inc. (BLMN Quick QuoteBLMN – Free Report) ."
  • According to Zacks on Wednesday, 5 April, "Some other top-ranked stocks in the Zacks Retail-Wholesale sector are Chuy’s Holdings, Inc. (CHUY Quick QuoteCHUY – Free Report) , Arcos Dorados Holdings Inc. (ARCO Quick QuoteARCO – Free Report) and Bloomin’ Brands, Inc. (BLMN Quick QuoteBLMN – Free Report) ."
  • According to Zacks on Wednesday, 5 April, "Some better-ranked stocks in the Zacks Retail-Wholesale sector are Chuy’s Holdings, Inc. (CHUY Quick QuoteCHUY – Free Report) , Arcos Dorados Holdings Inc. (ARCO Quick QuoteARCO – Free Report) and Bloomin’ Brands, Inc. (BLMN Quick QuoteBLMN – Free Report) ."
  • According to Zacks on Wednesday, 5 April, "Some better-ranked stocks in the Zacks Retail-Wholesale sector are Chuy’s Holdings, Inc. (CHUY Quick QuoteCHUY – Free Report) , Arcos Dorados Holdings Inc. (ARCO Quick QuoteARCO – Free Report) and Bloomin’ Brands, Inc. (BLMN Quick QuoteBLMN – Free Report) ."
  • According to Zacks on Thursday, 6 April, "Some other top-ranked stocks in the Zacks Retail-Wholesale sector are Chuy’s Holdings, Inc. (CHUY Quick QuoteCHUY – Free Report) , Arcos Dorados Holdings Inc. (ARCO Quick QuoteARCO – Free Report) and Bloomin’ Brands, Inc. (BLMN Quick QuoteBLMN – Free Report) ."

5. SB Financial Group (SBFG)

11.5% sales growth and 9.51% return on equity

SB Financial Group, Inc. provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans. The company also provides automatic teller machine, personal and corporate trust, commercial leasing, bank credit card, safe deposit box rental, internet banking, private client group, and other personalized banking products and services; and various trust and financial services comprising asset management services for individuals and corporate employee benefit plans, as well as brokerage services. In addition, it sells insurance products to retail and commercial customers. As of December 31, 2021, the company operated a network of 22 banking centers in the Ohio counties of Allen, Defiance, Franklin, Fulton, Hancock, Lucas, Paulding, Wood, and Williams; and one banking center in Allen County, Indiana. It also operated five loan production offices in Franklin and Lucas Counties, Ohio; Hamilton and Steuben Counties, Indiana; and Monroe County, Michigan. The company was formerly known as Rurban Financial Corp. and changed its name to SB Financial Group, Inc. in April 2013. SB Financial Group, Inc. was incorporated in 1983 and is headquartered in Defiance, Ohio.

Earnings Per Share

As for profitability, SB Financial Group has a trailing twelve months EPS of $1.77.

PE Ratio

SB Financial Group has a trailing twelve months price to earnings ratio of 7.9. Meaning, the purchaser of the share is investing $7.9 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 9.51%.

Volume

Today’s last reported volume for SB Financial Group is 21798 which is 85.79% above its average volume of 11732.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 8, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 3.57%.

Moving Average

SB Financial Group’s value is way below its 50-day moving average of $15.64 and way under its 200-day moving average of $16.67.

6. Spirit Realty Capital (SRC)

7% sales growth and 6.67% return on equity

Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases. As of September 30, 2020, our diverse portfolio of 1,778 owned properties, with an aggregate leasable area of 37.2 million square feet in 48 states, included retail, industrial and office buildings leased to 296 tenants across 28 retail industries.

Earnings Per Share

As for profitability, Spirit Realty Capital has a trailing twelve months EPS of $2.04.

PE Ratio

Spirit Realty Capital has a trailing twelve months price to earnings ratio of 19.03. Meaning, the purchaser of the share is investing $19.03 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 6.67%.

7. WESCO (WCC)

6.2% sales growth and 20.86% return on equity

WESCO International, Inc. provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS). The EES segment supplies products and supply chain solutions, including electrical equipment and supplies, automation and connected devices, security, lighting, wire and cable, and safety, as well as maintenance, repair, and operating (MRO) products. This segment also offers contractor solutions, direct and indirect manufacturing supply chain optimization programs, lighting and renewables advisory services, and digital and automation solutions. The CSS segment operates in the network infrastructure and security markets. This segment sells products directly to end-users or through various channels, including data communications contractors, security, network, professional audio/visual, and systems integrators. It also provides safety and energy management solutions. The UBS segment offers products and services to investor-owned utilities; public power companies; and service and wireless providers, broadband operators, and contractors. This segment's products include wire and cable, transformers, transmission and distribution hardware, switches, protective devices, connectors, conduits, pole line hardware, racks, cabinets, safety and MRO products, and point-to-point wireless devices. This segment also offers various service solutions, including fiber project management, high and medium voltage project design and support, pre-wired meters and capacitor banks, meter testing and metering infrastructure installation, personal protective equipment dielectric testing, and tool repair, as well as emergency response, storage yard, materials, and logistics management. The company was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.

Earnings Per Share

As for profitability, WESCO has a trailing twelve months EPS of $1.51.

PE Ratio

WESCO has a trailing twelve months price to earnings ratio of 88.7. Meaning, the purchaser of the share is investing $88.7 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 20.86%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 19.6% and a drop 7.7% for the next.

Sales Growth

WESCO’s sales growth is 10.8% for the current quarter and 6.2% for the next.

Moving Average

WESCO’s worth is way below its 50-day moving average of $149.38 and above its 200-day moving average of $130.85.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15.2%, now sitting on 20.71B for the twelve trailing months.

8. Nokia (NOK)

5.2% sales growth and 21.65% return on equity

Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks covering technologies from 2G to 5G, and microwave radio links for transport networks. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, and cloud and virtualization services, as well as wi-fi portfolio, including mesh solutions and cloud-based controllers; IP routing solutions for IP aggregation, and edge and core applications for residential, business, mobile, and industrial services; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro access and aggregation, data center interconnect, regional, and long-haul/ultra-long-haul applications; and submarine networks. In addition, it offers business applications software, cloud and cognitive services, core networks software, and enterprise solutions. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital industries, and government. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.

Earnings Per Share

As for profitability, Nokia has a trailing twelve months EPS of $-0.46.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 21.65%.

Yearly Top and Bottom Value

Nokia’s stock is valued at $4.87 at 16:22 EST, way below its 52-week high of $5.59 and way higher than its 52-week low of $4.08.

Volume

Today’s last reported volume for Nokia is 9587710 which is 45.52% below its average volume of 17600700.

Previous days news about Nokia(NOK)

  • According to Zacks on Wednesday, 5 April, "By unlocking network efficiencies with a software upgrade, Nokia has reduced the total cost of ownership for mobile operators. "
  • According to Zacks on Wednesday, 5 April, "By unlocking network efficiencies with a software upgrade, Nokia has reduced the total cost of ownership for mobile operators. "
  • According to Zacks on Thursday, 6 April, "By unlocking network efficiencies with a software upgrade, Nokia has reduced the total cost of ownership for mobile operators. "

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