Titan Machinery And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Titan Machinery (TITN), TPG Specialty Lending (TSLX), MGP Ingredients (MGPI) 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. Titan Machinery (TITN)

24.4% sales growth and 21.97% return on equity

Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe. It operates through three segments: Agriculture, Construction, and International. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers. Its agricultural equipment includes machinery and attachments for use in the production of food, fiber, feed grain, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. The company's construction equipment comprises heavy construction machinery, light industrial machinery for commercial and residential construction, road and highway construction machinery, and energy and forestry operations equipment. It also sells maintenance and replacement parts. In addition, the company offers repair and maintenance services that include warranty repairs, off-site and on-site repair services, scheduling off-season maintenance services, and notifying customers of periodic service requirements; and training programs to customers. Further, it rents equipment; and provides ancillary equipment support services, such as equipment transportation, global positioning system signal subscriptions and other precision farming products, farm data management products, and CNH Industrial finance and insurance products. The company operates in Colorado, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; and Bulgaria, Germany, Romania, Serbia, and Ukraine, Europe. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota.

Earnings Per Share

As for profitability, Titan Machinery has a trailing twelve months EPS of $5.13.

PE Ratio

Titan Machinery has a trailing twelve months price to earnings ratio of 5.18. Meaning, the purchaser of the share is investing $5.18 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 21.97%.

Yearly Top and Bottom Value

Titan Machinery’s stock is valued at $26.58 at 06:22 EST, way below its 52-week high of $47.87 and higher than its 52-week low of $24.90.

Previous days news about Titan Machinery(TITN)

  • Zacks.com featured highlights include titan machinery, pvh, unum, AAR and valero energy. According to Zacks on Tuesday, 10 October, "Chicago, IL - October 10, 2023 - Stocks in this week’s article are Titan Machinery Inc. (TITN Quick QuoteTITN – Free Report) , PVH Corp. (PVH Quick QuotePVH – Free Report) , Unum Group (UNM Quick QuoteUNM – Free Report) , AAR Corp. (AIR Quick QuoteAIR – Free Report) and Valero Energy Corp. (VLO Quick QuoteVLO – Free Report) ."

2. TPG Specialty Lending (TSLX)

11.4% sales growth and 13.82% return on equity

Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing. The fund invests in business services, software & technology, healthcare, energy, consumer & retail, manufacturing, industrials, royalty related businesses, education, and specialty finance. It seeks to finance and lending to middle market companies principally located in the United States. The fund invests in companies with enterprise value between $50 million and $1 billion or more and EBITDA between $10 million and $250 million. The transaction size is between $15 million and $350 million. The fund invests across the spectrum of the capital structure and can arrange syndicated transactions of up to $500 million and hold sizeable positions within its credits.

Earnings Per Share

As for profitability, TPG Specialty Lending has a trailing twelve months EPS of $2.3.

PE Ratio

TPG Specialty Lending has a trailing twelve months price to earnings ratio of 8.82. Meaning, the purchaser of the share is investing $8.82 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 13.82%.

Sales Growth

TPG Specialty Lending’s sales growth is 44.7% for the current quarter and 11.4% for the next.

3. MGP Ingredients (MGPI)

8.9% sales growth and 14.45% return on equity

MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. It operates through two segments, Distillery Products and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also provides fuel grade alcohol for blending with gasoline; distillers feed and related co-products, such as distillers feed and corn oil; and warehouse services, including barrel put away, storage, and retrieval services, as well as blending services. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym Resistant Starch, FiberRite RW Resistant Starch, Pregel Instant Starch, and Midsol Cook-up Starch names; specialty wheat proteins for food applications under the Arise and Proterra names; gluten free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins. The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, Japan, Thailand, Mexico, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.

Earnings Per Share

As for profitability, MGP Ingredients has a trailing twelve months EPS of $4.91.

PE Ratio

MGP Ingredients has a trailing twelve months price to earnings ratio of 21.67. Meaning, the purchaser of the share is investing $21.67 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 14.45%.

Yearly Top and Bottom Value

MGP Ingredients’s stock is valued at $106.40 at 06:22 EST, way under its 52-week high of $125.74 and way higher than its 52-week low of $90.69.

4. HireQuest (HQI)

7.7% sales growth and 19.41% return on equity

HireQuest, Inc. provides on-demand and temporary staffing solutions in the United States. The company provides temporary staffing services, including skilled and semi-skilled labor and industrial personnel, clerical and administrative personnel, and construction personnel. As of March 25, 2021, the company had a network of approximately 139 franchisee-owned offices in 35 states and the District of Columbia. It serves customers primarily in the construction, industrial/manufacturing, warehousing, hospitality, recycling/waste management, disaster recovery, logistics, auctioneering, landscaping, and retail industries. The company was formerly known as Command Center, Inc. and changed its name to HireQuest, Inc. in September 2019. HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina.

Earnings Per Share

As for profitability, HireQuest has a trailing twelve months EPS of $0.8.

PE Ratio

HireQuest has a trailing twelve months price to earnings ratio of 18.91. Meaning, the purchaser of the share is investing $18.91 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 19.41%.

Moving Average

HireQuest’s worth is way under its 50-day moving average of $19.34 and way under its 200-day moving average of $21.56.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 36.7% and positive 4.8% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

HireQuest’s EBITDA is 106.41.

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