(VIANEWS) – Tidewater (TDW), DHT Holdings (DHT), Public Service Enterprise Group (PEG) 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. Tidewater (TDW)
69.5% sales growth and 7.29% return on equity
Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore crude oil and natural gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates anchor handling towing supply vessels, platform supply vessels, crew boats, utility vessels, and offshore tugs. The company serves oil and natural gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Tidewater has a trailing twelve months EPS of $1.4.
PE Ratio
Tidewater has a trailing twelve months price to earnings ratio of 50.92. Meaning, the purchaser of the share is investing $50.92 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 7.29%.
2. DHT Holdings (DHT)
42.7% sales growth and 18.39% return on equity
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Oslo, and Norway. As of March 17, 2021, it had a fleet of 28 very large crude carriers with a capacity of 8,660,835 deadweight tons. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, DHT Holdings has a trailing twelve months EPS of $1.14.
PE Ratio
DHT Holdings has a trailing twelve months price to earnings ratio of 9.14. Meaning, the purchaser of the share is investing $9.14 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 18.39%.
3. Public Service Enterprise Group (PEG)
14.3% sales growth and 19.74% return on equity
Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in Mid-Atlantic United States. The company operates through PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2022, it had electric transmission and distribution system of 25,000 circuit miles and 864,000 poles; 55 switching stations with an installed capacity of 39,653 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,735 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.
Earnings Per Share
As for profitability, Public Service Enterprise Group has a trailing twelve months EPS of $5.61.
PE Ratio
Public Service Enterprise Group has a trailing twelve months price to earnings ratio of 10.84. Meaning, the purchaser of the share is investing $10.84 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 19.74%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 17.2% and positive 1.4% for the next.
Volume
Today’s last reported volume for Public Service Enterprise Group is 494898 which is 83.68% below its average volume of 3032640.
Moving Average
Public Service Enterprise Group’s worth is below its 50-day moving average of $62.18 and below its 200-day moving average of $61.57.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 6, 2023, the estimated forward annual dividend rate is 2.28 and the estimated forward annual dividend yield is 3.76%.
4. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB)
13.7% sales growth and 68.08% return on equity
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport; and a hotel under the Hilton Garden Inn name at the Monterrey International Airport. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as hotel and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was founded in 1998 and is headquartered in Mexico City, Mexico.
Earnings Per Share
As for profitability, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a trailing twelve months EPS of $4.79.
PE Ratio
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a trailing twelve months price to earnings ratio of 17.76. Meaning, the purchaser of the share is investing $17.76 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 68.08%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 17, 2023, the estimated forward annual dividend rate is 4.39 and the estimated forward annual dividend yield is 6.4%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.1%, now sitting on 13.65B for the twelve trailing months.
5. Chubb Corporation (CB)
10.1% sales growth and 13.51% return on equity
Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty; and group accident and health insurance to large, middle market, and small commercial businesses. Its North America Personal P&C Insurance segment provides affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services. The company's North America Agricultural Insurance segment offers multiple peril crop and crop-hail insurance; and coverage for farm and ranch property, and commercial agriculture products. Its Overseas General Insurance segment provides coverage for traditional commercial property and casualty; specialty categories, such as financial lines, marine, energy, aviation, political risk, and construction risk; and group accident and health, and traditional and specialty personal lines for corporations, middle markets, and small customers through retail brokers, agents, and other channels. The company's Global Reinsurance segment offers traditional and specialty reinsurance under the Chubb Tempest Re brand to property and casualty companies. Its Life Insurance segment provides protection and savings products comprising whole life, endowment plans, individual term life, group term life, medical and health, personal accident, credit life, universal life, and unit linked contracts. It markets its products primarily through insurance and reinsurance brokers. The company was formerly known as ACE Limited and changed its name to Chubb Limited in January 2016. Chubb Limited was incorporated in 1985 and is headquartered in Zurich, Switzerland.
Earnings Per Share
As for profitability, Chubb Corporation has a trailing twelve months EPS of $17.08.
PE Ratio
Chubb Corporation has a trailing twelve months price to earnings ratio of 13.21. Meaning, the purchaser of the share is investing $13.21 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 13.51%.
