(VIANEWS) – Vaalco Energy (EGY), First Bank (FRBA), Progressive Corporation (PGR) 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)
51.8% sales growth and 14.19% 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 $0.56.
PE Ratio
Vaalco Energy 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 14.19%.
Previous days news about Vaalco Energy(EGY)
- According to Zacks on Tuesday, 8 August, "One other stock from the broader Zacks Oils-Energy sector, Vaalco Energy (EGY Quick QuoteEGY – Free Report) , is yet to report results for the quarter ended June 2023. "
- Vaalco energy (egy) lags Q2 earnings estimates. According to Zacks on Wednesday, 9 August, "While Vaalco Energy has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
2. First Bank (FRBA)
20.7% sales growth and 11.64% return on equity
First Bank provides various banking products and services to individuals, businesses, and governmental entities. The company accepts various deposits, including non-interest bearing demand deposits, interest bearing demand accounts, money market accounts, savings accounts, and certificates of deposit, as well as commercial checking accounts. Its loan products include commercial and industrial loans; commercial real estate loans, such as owner-occupied, investor, construction and development, and multi-family loans; residential real estate loans comprising residential mortgages, first and second lien home equity loans, and revolving lines of credit; and consumer and other loans that include auto, personal, and traditional installment loans. The company also provides electronic banking services, including Internet and mobile banking, electronic bill payment, and banking by phone, as well as ATM and debit cards, and wire and ACH transfer services; remote deposit capture; and cash management services. As of December 31, 2021, it operated 18 full-service branches in Cinnaminson, Cranbury, Delanco, Denville, Ewing, Flemington, Hamilton, Hamilton, Lawrence, Mercerville, Pennington, Randolph, Somerset, and Williamstown counties in New Jersey, as well as Doylestown, Trevose, Warminster, and West Chester counties in Pennsylvania. First Bank was incorporated in 2007 and is headquartered in Hamilton, New Jersey.
Earnings Per Share
As for profitability, First Bank has a trailing twelve months EPS of $1.79.
PE Ratio
First Bank has a trailing twelve months price to earnings ratio of 7.02. Meaning, the purchaser of the share is investing $7.02 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 11.64%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 9, 2023, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 1.93%.
Sales Growth
First Bank’s sales growth is 15.2% for the ongoing quarter and 20.7% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 53.8% and a negative 26.1%, respectively.
Moving Average
First Bank’s worth is way above its 50-day moving average of $11.24 and above its 200-day moving average of $12.45.
3. Progressive Corporation (PGR)
16.5% sales growth and 10.78% return on equity
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance. The company offers policy issuance and claims adjusting services; and acts as an agent to homeowners, general liability, workers' compensation insurance, and other products. It also provides reinsurance services. The company sells its products through independent insurance agencies, as well as through mobile applications and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.
Earnings Per Share
As for profitability, Progressive Corporation has a trailing twelve months EPS of $2.92.
PE Ratio
Progressive Corporation has a trailing twelve months price to earnings ratio of 43.7. Meaning, the purchaser of the share is investing $43.7 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 10.78%.
Moving Average
Progressive Corporation’s value is below its 50-day moving average of $129.03 and under its 200-day moving average of $132.49.
Sales Growth
Progressive Corporation’s sales growth is 17.8% for the ongoing quarter and 16.5% for the next.
4. Lincoln Electric Holdings (LECO)
13.7% sales growth and 45.18% return on equity
Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. The company's product offering also includes computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, it is involved in the retail business in the United States. Lincoln Electric Holdings, Inc. serves general fabrication, energy and process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. The company sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Lincoln Electric Holdings has a trailing twelve months EPS of $8.01.
PE Ratio
Lincoln Electric Holdings has a trailing twelve months price to earnings ratio of 23.88. Meaning, the purchaser of the share is investing $23.88 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 45.18%.
5. H&E Equipment Services (HEES)
8.4% sales growth and 40.17% return on equity
H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis through a fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment sells used equipment through retail sales force primarily from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional in-house retail sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment serves its rental fleet and equipment owned customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of hi-lift or aerial work platforms, cranes, earthmoving and material handling equipment, and others. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of December 31, 2021, the company had a network of 102 service facilities in the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
Earnings Per Share
As for profitability, H&E Equipment Services has a trailing twelve months EPS of $3.96.
PE Ratio
H&E Equipment Services has a trailing twelve months price to earnings ratio of 12.3. Meaning, the purchaser of the share is investing $12.3 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 40.17%.
Yearly Top and Bottom Value
H&E Equipment Services’s stock is valued at $48.71 at 01:22 EST, way below its 52-week high of $56.47 and way above its 52-week low of $26.94.
