(VIANEWS) – The York Water Company (YORW), ASML Holding (ASML), Berkshire Hills Bancorp (BHLB) 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. The York Water Company (YORW)
20.2% sales growth and 10.68% return on equity
The York Water Company impounds, purifies, and distributes drinking water. It owns and operates two wastewater collection systems; five wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns nine groundwater wells that supply water to customers in the Adams County. It serves customers in the fixtures and furniture, electrical machinery, food products, paper, ordnance units, textile products, air conditioning systems, laundry detergents, barbells, and motorcycle industries in 51 municipalities within three counties in south-central Pennsylvania. The York Water Company was incorporated in 1816 and is based in York, Pennsylvania.
Earnings Per Share
As for profitability, The York Water Company has a trailing twelve months EPS of $1.37.
PE Ratio
The York Water Company has a trailing twelve months price to earnings ratio of 30.96. Meaning, the purchaser of the share is investing $30.96 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 10.68%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 26, 2023, the estimated forward annual dividend rate is 0.81 and the estimated forward annual dividend yield is 1.91%.
Yearly Top and Bottom Value
The York Water Company’s stock is valued at $42.42 at 16:22 EST, way under its 52-week high of $47.23 and way higher than its 52-week low of $36.85.
2. ASML Holding (ASML)
13.5% sales growth and 74.04% return on equity
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to assess the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and lithography process and control software solutions; and refurbishes and upgrades older lithography systems, as well as offers customer support and associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
Earnings Per Share
As for profitability, ASML Holding has a trailing twelve months EPS of $18.61.
PE Ratio
ASML Holding has a trailing twelve months price to earnings ratio of 38.95. Meaning, the purchaser of the share is investing $38.95 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 74.04%.
Sales Growth
ASML Holding’s sales growth is 21.3% for the ongoing quarter and 13.5% for the next.
3. Berkshire Hills Bancorp (BHLB)
12.5% sales growth and 9.57% return on equity
Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, and financial planning; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. Further, the company, through its subsidiary, Berkshire Insurance Group, Inc., provides personal and commercial property, and casualty insurance; employee benefits insurance; and life, health, and financial services insurance products. It serves personal, commercial, not- profit, and municipal deposit customers. As of December 31, 2020, the company operated 130 full-service branches in Massachusetts, New York, Connecticut, Vermont, Central New Jersey, and Eastern Pennsylvania. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, Berkshire Hills Bancorp has a trailing twelve months EPS of $2.23.
PE Ratio
Berkshire Hills Bancorp has a trailing twelve months price to earnings ratio of 9.39. Meaning, the purchaser of the share is investing $9.39 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 9.57%.
Volume
Today’s last reported volume for Berkshire Hills Bancorp is 213692 which is 38.33% below its average volume of 346543.
4. Helmerich & Payne (HP)
11% sales growth and 11.76% return on equity
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2022, the company operated a fleet of 236 land rigs in North America; 28 international land rigs; and 7 offshore platform rigs. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. In addition, the company owns and operates commercial real estate properties. Its real estate investments include a shopping center comprising approximately 366,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, Helmerich & Payne has a trailing twelve months EPS of $3.03.
PE Ratio
Helmerich & Payne has a trailing twelve months price to earnings ratio of 10.73. Meaning, the purchaser of the share is investing $10.73 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 11.76%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 64.5%, now sitting on 2.67B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 16, 2023, the estimated forward annual dividend rate is 1.71 and the estimated forward annual dividend yield is 5.25%.
Volume
Today’s last reported volume for Helmerich & Payne is 1341350 which is 17% below its average volume of 1616150.
5. Applied Industrial Technologies (AIT)
9.8% sales growth and 26.92% return on equity
Applied Industrial Technologies, Inc. distributes industrial products in North America, Australia, New Zealand, and Singapore. The company offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It operates in two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, machinery and robotics automation products, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and offers motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company offers equipment repair and technical support services. It offers industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, mining, oil and gas, primary metals, transportation, and utilities, as well as to government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Applied Industrial Technologies has a trailing twelve months EPS of $8.51.
PE Ratio
Applied Industrial Technologies has a trailing twelve months price to earnings ratio of 15.29. Meaning, the purchaser of the share is investing $15.29 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 26.92%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 11, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 1.08%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.4%, now sitting on 4.32B for the twelve trailing months.
6. Sun Communities (SUI)
7.8% sales growth and 3.18% return on equity
Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of December 31, 2022, the Company owned, operated, or had an interest in a portfolio of 669 developed MH, RV and Marina properties comprising over 179,700 developed sites and approximately 47,800 wet slips and dry storage spaces in the United States, the United Kingdom and Canada.
Earnings Per Share
As for profitability, Sun Communities has a trailing twelve months EPS of $1.75.
PE Ratio
Sun Communities has a trailing twelve months price to earnings ratio of 75.73. Meaning, the purchaser of the share is investing $75.73 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 3.18%.
Moving Average
Sun Communities’s value is below its 50-day moving average of $137.40 and below its 200-day moving average of $144.49.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 3.72 and the estimated forward annual dividend yield is 2.74%.
7. NVIDIA (NVDA)
6.6% sales growth and 18.85% return on equity
NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company's Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds. Its Compute & Networking segment provides Data Center platforms and systems for AI, HPC, and accelerated computing; Mellanox networking and interconnect solutions; automotive AI Cockpit, autonomous driving development agreements, and autonomous vehicle solutions; cryptocurrency mining processors; Jetson for robotics and other embedded platforms; and NVIDIA AI Enterprise and other software. The company's products are used in gaming, professional visualization, datacenter, and automotive markets. NVIDIA Corporation sells its products to original equipment manufacturers, original device manufacturers, system builders, add-in board manufacturers, retailers/distributors, independent software vendors, Internet and cloud service providers, automotive manufacturers and tier-1 automotive suppliers, mapping companies, start-ups, and other ecosystem participants. It has a strategic collaboration with Kroger Co. NVIDIA Corporation was incorporated in 1993 and is headquartered in Santa Clara, California.
Earnings Per Share
As for profitability, NVIDIA has a trailing twelve months EPS of $1.91.
PE Ratio
NVIDIA has a trailing twelve months price to earnings ratio of 206.17. Meaning, the purchaser of the share is investing $206.17 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 18.85%.
