(VIANEWS) – Westamerica Bancorporation (WABC), Meta Financial Group (CASH), Comfort Systems USA (FIX) 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. Westamerica Bancorporation (WABC)
54.8% sales growth and 17.08% return on equity
Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as other loans primarily consisting of indirect automobile loans. Westamerica Bancorporation operates through 79 branch offices in 21 counties in Northern and Central California. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. Westamerica Bancorporation was founded in 1972 and is headquartered in San Rafael, California.
Earnings Per Share
As for profitability, Westamerica Bancorporation has a trailing twelve months EPS of $3.1.
PE Ratio
Westamerica Bancorporation has a trailing twelve months price to earnings ratio of 18.21. Meaning, the purchaser of the share is investing $18.21 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 17.08%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 48.3%, now sitting on 264.95M for the twelve trailing months.
Volume
Today’s last reported volume for Westamerica Bancorporation is 97124 which is 48.74% below its average volume of 189500.
Moving Average
Westamerica Bancorporation’s worth is under its 50-day moving average of $57.58 and under its 200-day moving average of $57.76.
Sales Growth
Westamerica Bancorporation’s sales growth is 47.8% for the ongoing quarter and 54.8% for the next.
2. Meta Financial Group (CASH)
27.1% sales growth and 17.03% return on equity
Pathward Financial, Inc. operates as the holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, money market savings accounts, and certificate accounts. It also provides commercial finance product comprising term lending, asset based lending, factoring, lease financing, insurance premium finance, government guaranteed lending, and other commercial finance products; consumer credit products; other consumer financing services; tax solutions, which includes short-term refund advance loans and short-term electronic return originator advance loans; and warehouse financing services. In addition, it issues prepaid cards; and offers payment solutions, such as acceptance, processing, and settlement of credit card and debit card payments. The company was formerly known as Meta Financial Group, Inc. and changed its name to Pathward Financial, Inc. in July 2022. Pathward Financial, Inc. was founded in 1954 and is based in Sioux Falls, South Dakota.
Earnings Per Share
As for profitability, Meta Financial Group has a trailing twelve months EPS of $4.24.
PE Ratio
Meta Financial Group has a trailing twelve months price to earnings ratio of 12.39. Meaning, the purchaser of the share is investing $12.39 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 17.03%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 11.4%, now sitting on 554.63M for the twelve trailing months.
Volume
Today’s last reported volume for Meta Financial Group is 150711 which is 25.08% below its average volume of 201163.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 22.9% and 86.8%, respectively.
3. Comfort Systems USA (FIX)
17.2% sales growth and 26.48% return on equity
Comfort Systems USA, Inc. provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and renovation, expansion, maintenance, monitoring, repair, and replacement of existing buildings. The company offers its services for heating, ventilation, and air conditioning (HVAC) systems, as well as plumbing, piping and controls, off-site construction, electrical, monitoring, and fire protection. It serves building owners and developers, general contractors, architects, consulting engineers, and property managers in the commercial, industrial, and institutional MEP markets. Comfort Systems USA, Inc. was founded in 1917 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Comfort Systems USA has a trailing twelve months EPS of $6.31.
PE Ratio
Comfort Systems USA has a trailing twelve months price to earnings ratio of 20.23. Meaning, the purchaser of the share is investing $20.23 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 26.48%.
Volume
Today’s last reported volume for Comfort Systems USA is 284737 which is 52.84% above its average volume of 186286.
Sales Growth
Comfort Systems USA’s sales growth is 26.4% for the present quarter and 17.2% for the next.
4. Veeco Instruments (VECO)
15.8% sales growth and 9.52% return on equity
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, and atomic layer deposition and other deposition systems, as well as packaging lithography equipment. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, thin film magnetic heads, and other semiconductor devices. The company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test, hard disk drive, and photonics manufacturers; and research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.
Earnings Per Share
As for profitability, Veeco Instruments has a trailing twelve months EPS of $-0.17.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.52%.
Volume
Today’s last reported volume for Veeco Instruments is 90505 which is 76% below its average volume of 377209.
5. United Rentals (URI)
12.3% sales growth and 32.25% return on equity
United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The specialty segment rents specialty construction products, including trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. It also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. The company sells used equipment through its sales force, brokers, website, at auctions, and directly to manufacturers. The company operates a network of 1,521 rental locations in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, United Rentals has a trailing twelve months EPS of $12.69.
PE Ratio
United Rentals has a trailing twelve months price to earnings ratio of 35.21. Meaning, the purchaser of the share is investing $35.21 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 32.25%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 26.8% and 12%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.7%, now sitting on 11.64B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 6, 2023, the estimated forward annual dividend rate is 5.92 and the estimated forward annual dividend yield is 1.29%.
