(VIANEWS) – Target Hospitality Corp. (TH), International General Insurance Holdings Ltd. (IGIC), Tesla (TSLA) 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. Target Hospitality Corp. (TH)
80.7% sales growth and 37.79% return on equity
Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through four segments: Hospitality & Facilities Services – South, Hospitality & Facilities Services – Midwest, Government, and TCPL Keystone. It owns a network of specialty rental accommodation units with approximately 15,528 beds across 27 communities, which include 26 owned and 1 leased; and operates 1 community not owned or leased by the company. Target Hospitality Corp. also provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation, workforce community management, concierge, and laundry services. It serves the U.S. government, government contractors, investment grade natural resource development companies, and energy infrastructure companies. The company was founded in 1978 and is headquartered in The Woodlands, Texas.
Earnings Per Share
As for profitability, Target Hospitality Corp. has a trailing twelve months EPS of $0.51.
PE Ratio
Target Hospitality Corp. has a trailing twelve months price to earnings ratio of 32.04. Meaning, the purchaser of the share is investing $32.04 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 37.79%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 1200% and 4000%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Target Hospitality Corp.’s EBITDA is 28.94.
2. International General Insurance Holdings Ltd. (IGIC)
49.3% sales growth and 17.34% return on equity
International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance segments. It offers a portfolio of specialty lines insurance products and services for energy, property, construction and engineering, ports and terminals, general aviation, political violence, casualty, financial institutions, marine liability, and treaty reinsurance. The company was founded in 2001 and is based in Amman, Jordan.
Earnings Per Share
As for profitability, International General Insurance Holdings Ltd. has a trailing twelve months EPS of $1.39.
PE Ratio
International General Insurance Holdings Ltd. has a trailing twelve months price to earnings ratio of 6.09. Meaning, the purchaser of the share is investing $6.09 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 17.34%.
Moving Average
International General Insurance Holdings Ltd.’s value is above its 50-day moving average of $8.15 and above its 200-day moving average of $7.75.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 27, 2022, the estimated forward annual dividend rate is 0.22 and the estimated forward annual dividend yield is 2.67%.
3. Tesla (TSLA)
46.9% sales growth and 32.49% return on equity
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
Earnings Per Share
As for profitability, Tesla has a trailing twelve months EPS of $1.
PE Ratio
Tesla has a trailing twelve months price to earnings ratio of 200.24. Meaning, the purchaser of the share is investing $200.24 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 32.49%.
Yearly Top and Bottom Value
Tesla’s stock is valued at $199.84 at 10:22 EST, way under its 52-week high of $384.29 and way above its 52-week low of $101.81.
Moving Average
Tesla’s worth is way above its 50-day moving average of $154.59 and way below its 200-day moving average of $223.71.
Sales Growth
Tesla’s sales growth is 25.7% for the present quarter and 46.9% for the next.
Previous days news about Tesla(TSLA)
- According to Zacks on Wednesday, 22 February, "Another example of a high beta stock would be Tesla (TSLA Quick QuoteTSLA – Free Report) . "
- : Tesla and California make up: Tesla announces its engineering headquarters in silicon valley. According to MarketWatch on Wednesday, 22 February, "It’s a point of pride for me and it always has been that Tesla is a California company," Newsom said. ", "Gavin Newsom and Tesla Chief Executive Elon Musk highlighted Tesla’s California roots. "
4. S&T Bancorp (STBA)
20.9% sales growth and 10% return on equity
S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Business banking, Commercial Construction, Consumer Real Estate, and Other Consumer. The company accepts time and demand deposits; and offers commercial and consumer loans, cash management services, and brokerage and trust services, as well as acts as guardian and custodian of employee benefits. It also manages private investment accounts for individuals and institutions. In addition, the company distributes life insurance and long-term disability income insurance products, as well as offers title insurance agency services to commercial customers. As of December 31, 2020, it operated 76 banking branches and 5 loan production offices located in Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York. S&T Bancorp, Inc. was founded in 1902 and is headquartered in Indiana, Pennsylvania.
Earnings Per Share
As for profitability, S&T Bancorp has a trailing twelve months EPS of $1.01.
PE Ratio
S&T Bancorp has a trailing twelve months price to earnings ratio of 37.41. Meaning, the purchaser of the share is investing $37.41 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.3%, now sitting on 341.48M for the twelve trailing months.
Volume
Today’s last reported volume for S&T Bancorp is 122897 which is 23.09% below its average volume of 159803.
Sales Growth
S&T Bancorp’s sales growth is 18.4% for the present quarter and 20.9% for the next.
Moving Average
S&T Bancorp’s worth is higher than its 50-day moving average of $34.83 and way higher than its 200-day moving average of $31.75.
5. NMI Holdings (NMIH)
10.5% sales growth and 18.44% 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 $3.26.
PE Ratio
NMI Holdings has a trailing twelve months price to earnings ratio of 7.13. Meaning, the purchaser of the share is investing $7.13 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 18.44%.
Moving Average
NMI Holdings’s worth is above its 50-day moving average of $21.15 and way higher than its 200-day moving average of $19.97.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 15.1% and 11.7%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.3%, now sitting on 515.31M for the twelve trailing months.
6. The Descartes Systems Group (DSGX)
8.7% sales growth and 8.99% return on equity
The Descartes Systems Group Inc. provides cloud-based logistics and supply chain management business process solutions that focuses on enhancing the productivity, performance, and security of logistics-intensive businesses worldwide. Its Logistics Technology platform offers a range of modular, cloud-based, and interoperable web and wireless logistics management applications, which unites a community of logistics-focused parties, allowing them to transact business. The company provides a suite of solutions that include routing, mobile and telematics; transportation management and e-commerce enablement; customs and regulatory compliance; trade data; global logistics network services; and broker and forwarder enterprise systems. It offers its customers to use its modular, software-as-a-service, and data solutions to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. The company also provides cloud-based ecommerce warehouse management solutions; consulting, implementation, and training services; and maintenance and support services. It primarily focuses on serving transportation providers, logistics service providers, and distribution-intensive companies, as well as manufacturers, retailers, distributors, and mobile business service providers. The company was incorporated in 1981 and is headquartered in Waterloo, Canada.
Earnings Per Share
As for profitability, The Descartes Systems Group has a trailing twelve months EPS of $1.08.
PE Ratio
The Descartes Systems Group has a trailing twelve months price to earnings ratio of 70.64. Meaning, the purchaser of the share is investing $70.64 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 8.99%.
7. Lamar Advertising Company (LAMR)
7.2% sales growth and 39.42% return on equity
Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 357,500 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 3,600 displays.
Earnings Per Share
As for profitability, Lamar Advertising Company has a trailing twelve months EPS of $4.88.
PE Ratio
Lamar Advertising Company has a trailing twelve months price to earnings ratio of 22.14. Meaning, the purchaser of the share is investing $22.14 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 39.42%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Lamar Advertising Company’s EBITDA is 51.27.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 15, 2022, the estimated forward annual dividend rate is 4.8 and the estimated forward annual dividend yield is 4.5%.
8. Paychex (PAYX)
7.1% sales growth and 46.37% return on equity
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.
Earnings Per Share
As for profitability, Paychex has a trailing twelve months EPS of $2.92.
PE Ratio
Paychex has a trailing twelve months price to earnings ratio of 38.08. Meaning, the purchaser of the share is investing $38.08 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 46.37%.
Moving Average
Paychex’s worth is below its 50-day moving average of $116.92 and below its 200-day moving average of $119.82.
Yearly Top and Bottom Value
Paychex’s stock is valued at $111.18 at 10:22 EST, way under its 52-week high of $141.92 and above its 52-week low of $105.66.
