(VIANEWS) – Vaalco Energy (EGY), Coastal Financial Corporation (CCB), Eagle Point Credit Company (ECC) 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. Vaalco Energy (EGY)
54.3% sales growth and 11.25% return on equity
VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon, West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was founded in 1985 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Vaalco Energy has a trailing twelve months EPS of $0.37.
PE Ratio
Vaalco Energy has a trailing twelve months price to earnings ratio of 11.95. Meaning, the purchaser of the share is investing $11.95 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 11.25%.
Yearly Top and Bottom Value
Vaalco Energy’s stock is valued at $4.42 at 04:22 EST, way under its 52-week high of $5.73 and way higher than its 52-week low of $3.51.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 23, 2023, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 5.62%.
Moving Average
Vaalco Energy’s value is higher than its 50-day moving average of $4.36 and higher than its 200-day moving average of $4.33.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Vaalco Energy’s EBITDA is 7.58.
2. Coastal Financial Corporation (CCB)
29.7% sales growth and 20.2% return on equity
Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts. The company also offers commercial and industrial loans, such as term loans, small business administration loans, commercial lines of credit, capital call lines working capital loans, equipment financing, borrowing base loans, and other loan products; owner-occupied and non-owner-occupied real estate loans, and multi-family residential loans; construction and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as overdraft protection. In addition, it provides remote deposit capture, online and mobile banking, and direct and reciprocal deposit services, as well as debit cards. Further, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services, as well as banking as a service, a platform that allows broker dealers and digital financial service providers to offer their customers banking services. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.
Earnings Per Share
As for profitability, Coastal Financial Corporation has a trailing twelve months EPS of $3.65.
PE Ratio
Coastal Financial Corporation has a trailing twelve months price to earnings ratio of 10.92. Meaning, the purchaser of the share is investing $10.92 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 20.2%.
3. Eagle Point Credit Company (ECC)
9.4% sales growth and 8.66% return on equity
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eagle Point Credit Company has a trailing twelve months EPS of $1.09.
PE Ratio
Eagle Point Credit Company has a trailing twelve months price to earnings ratio of 8.03. Meaning, the purchaser of the share is investing $8.03 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 8.66%.
Volume
Today’s last reported volume for Eagle Point Credit Company is 513352 which is 0.99% below its average volume of 518507.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 19.5% and a negative 8.1%, respectively.
Sales Growth
Eagle Point Credit Company’s sales growth is 10.6% for the current quarter and 9.4% for the next.
4. RenaissanceRe Hold (RNR)
9.2% sales growth and 20.84% return on equity
RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. The company distributes its products and services primarily through intermediaries. It also invests in and manages funds. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.
Earnings Per Share
As for profitability, RenaissanceRe Hold has a trailing twelve months EPS of $30.48.
PE Ratio
RenaissanceRe Hold has a trailing twelve months price to earnings ratio of 6.78. Meaning, the purchaser of the share is investing $6.78 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 20.84%.
Moving Average
RenaissanceRe Hold’s value is above its 50-day moving average of $204.33 and higher than its 200-day moving average of $199.74.
Yearly Top and Bottom Value
RenaissanceRe Hold’s stock is valued at $206.75 at 04:22 EST, below its 52-week high of $227.16 and way above its 52-week low of $173.25.
