(VIANEWS) – Titan Machinery (TITN), Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB), Teekay Tankers Ltd. (TNK) 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)
21.9% sales growth and 21.92% 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 $3.53.
PE Ratio
Titan Machinery has a trailing twelve months price to earnings ratio of 7.73. Meaning, the purchaser of the share is investing $7.73 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 21.92%.
Volume
Today’s last reported volume for Titan Machinery is 526270 which is 42.99% above its average volume of 368045.
Sales Growth
Titan Machinery’s sales growth is 23.6% for the current quarter and 21.9% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Titan Machinery’s EBITDA is 42.27.
2. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB)
20.2% sales growth and 53.51% 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 $5.03.
PE Ratio
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a trailing twelve months price to earnings ratio of 17.3. Meaning, the purchaser of the share is investing $17.3 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 53.51%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Grupo Aeroportuario del Centro Norte S.A.B. de C.V.’s EBITDA is 2.38.
Revenue Growth
Year-on-year quarterly revenue growth grew by 45.9%, now sitting on 12.95B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 33.7% and 17%, respectively.
Sales Growth
Grupo Aeroportuario del Centro Norte S.A.B. de C.V.’s sales growth is 11.5% for the present quarter and 20.2% for the next.
3. Teekay Tankers Ltd. (TNK)
17.7% sales growth and 39.94% return on equity
Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; and offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides tanker commercial and technical management services. As of December 31, 2021, the company owned and leased 48 double-hull oil tankers, time-chartered in two Aframax tankers, and one LR2 tanker. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Canada.
Earnings Per Share
As for profitability, Teekay Tankers Ltd. has a trailing twelve months EPS of $12.
PE Ratio
Teekay Tankers Ltd. has a trailing twelve months price to earnings ratio of 3.33. Meaning, the purchaser of the share is investing $3.33 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 39.94%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Teekay Tankers Ltd.’s EBITDA is 1.39.
4. Selective Insurance Group (SIGI)
13.3% sales growth and 9.59% return on equity
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, as well as equity securities and alternative investment portfolio. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
Earnings Per Share
As for profitability, Selective Insurance Group has a trailing twelve months EPS of $4.13.
PE Ratio
Selective Insurance Group has a trailing twelve months price to earnings ratio of 24.14. Meaning, the purchaser of the share is investing $24.14 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 9.59%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Selective Insurance Group’s EBITDA is 1.87.
5. Delta Air Lines (DAL)
12.3% sales growth and 40.97% return on equity
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,250 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.
Earnings Per Share
As for profitability, Delta Air Lines has a trailing twelve months EPS of $3.03.
PE Ratio
Delta Air Lines has a trailing twelve months price to earnings ratio of 12.21. Meaning, the purchaser of the share is investing $12.21 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 40.97%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Delta Air Lines’s EBITDA is 0.82.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 46.5% and 25.2%, respectively.
Yearly Top and Bottom Value
Delta Air Lines’s stock is valued at $37.01 at 01:22 EST, below its 52-week high of $40.34 and way above its 52-week low of $27.20.
6. Stag Industrial (STAG)
7.4% sales growth and 5.18% return on equity
STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. By targeting this type of property, STAG has developed an investment strategy that helps investors find a powerful balance of income plus growth.
Earnings Per Share
As for profitability, Stag Industrial has a trailing twelve months EPS of $0.98.
PE Ratio
Stag Industrial has a trailing twelve months price to earnings ratio of 35.29. Meaning, the purchaser of the share is investing $35.29 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 5.18%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 5.6% and a negative 48.6%, respectively.
Moving Average
Stag Industrial’s worth is higher than its 50-day moving average of $33.53 and above its 200-day moving average of $32.71.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9%, now sitting on 671.69M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Stag Industrial’s EBITDA is 12.74.
7. AvalonBay Communities (AVB)
5.1% sales growth and 9.22% return on equity
As of December 31, 2022, the Company owned or held a direct or indirect ownership interest in 294 apartment communities containing 88,475 apartment homes in 12 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion markets of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.
Earnings Per Share
As for profitability, AvalonBay Communities has a trailing twelve months EPS of $7.48.
PE Ratio
AvalonBay Communities has a trailing twelve months price to earnings ratio of 24.33. Meaning, the purchaser of the share is investing $24.33 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 9.22%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 28, 2023, the estimated forward annual dividend rate is 6.6 and the estimated forward annual dividend yield is 3.87%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.6%, now sitting on 2.67B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AvalonBay Communities’s EBITDA is 12.75.
