(VIANEWS) – Westamerica Bancorporation (WABC), Activision Blizzard (ATVI), Republic Bancorp (RBCAA) 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)
39.6% 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 $4.54.
PE Ratio
Westamerica Bancorporation has a trailing twelve months price to earnings ratio of 9.29. Meaning, the purchaser of the share is investing $9.29 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 17.08%.
Volume
Today’s last reported volume for Westamerica Bancorporation is 206389 which is 2.58% below its average volume of 211874.
Moving Average
Westamerica Bancorporation’s value is way under its 50-day moving average of $51.83 and way below its 200-day moving average of $56.26.
Yearly Top and Bottom Value
Westamerica Bancorporation’s stock is valued at $42.18 at 16:22 EST, way under its 52-week high of $63.86 and higher than its 52-week low of $40.55.
Revenue Growth
Year-on-year quarterly revenue growth grew by 46.6%, now sitting on 264.02M for the twelve trailing months.
2. Activision Blizzard (ATVI)
37.7% sales growth and 8.21% return on equity
Activision Blizzard, Inc., together with its subsidiaries, develops and publishes interactive entertainment content and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Activision, Blizzard, and King. It develops and distributes content and services on video game consoles, personal computers, and mobile devices, including subscription, full-game, and in-game sales, as well as by licensing software to third-party or related-party companies that distribute Activision and Blizzard products. The company also maintains a proprietary online gaming service, Battle.net that facilitates digital distribution of content, online social connectivity, and the creation of user-generated content. In addition, it operates esports leagues and offer digital advertising content; and provides warehousing, logistics, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company's key product franchises include Call of Duty, World of Warcraft, Diablo, Hearthstone, Overwatch, Overwatch League, and Candy Crush. It serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, and game specialty stores through third-party distribution and licensing arrangements. The company is headquartered in Santa Monica, California.
Earnings Per Share
As for profitability, Activision Blizzard has a trailing twelve months EPS of $1.92.
PE Ratio
Activision Blizzard has a trailing twelve months price to earnings ratio of 44.7. Meaning, the purchaser of the share is investing $44.7 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 8.21%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Activision Blizzard’s EBITDA is 108.93.
Volume
Today’s last reported volume for Activision Blizzard is 3084880 which is 53.19% below its average volume of 6590660.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.9%, now sitting on 7.53B for the twelve trailing months.
Previous days news about Activision Blizzard(ATVI)
- According to VentureBeat on Wednesday, 19 April, "At the time, this was seen as a more reasonable investment compared to the $20 million fee Activision Blizzard charged for Overwatch League franchises. "
3. Republic Bancorp (RBCAA)
21.6% sales growth and 10.78% return on equity
Republic bancorp (rbcaa) Q1 earnings and revenues lag estimatesWhile Republic Bancorp has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?
Republic Bancorp, Inc., a financial holding company, provides various banking products and services in the United States. It operates in five segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The company accepts demand, money market accounts, savings, individual retirement accounts, time, brokered, and other certificates of deposit. Its loan products include residential real estate, commercial real estate, construction and land development, home improvement and home equity, secured and unsecured personal, and aircraft loans. The company also offers credit cards; title insurance and other financial products and services; and memory banking, private banking, lockbox processing, remote deposit capture, business online banking, account reconciliation, automated clearing house processing, and internet and mobile banking services. In addition, it provides short-term and revolving credit facilities to mortgage bankers; tax refund solutions, which facilitate the receipt and payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers; and general purpose reloadable prepaid cards through third party service providers. Further, the company offers consumer credit products; and property and casualty insurance products. As of January 28, 2022, it operated 42 full-service banking centers. Republic Bancorp, Inc. was incorporated in 1974 and is headquartered in Louisville, Kentucky.
Earnings Per Share
As for profitability, Republic Bancorp has a trailing twelve months EPS of $3.65.
PE Ratio
Republic Bancorp has a trailing twelve months price to earnings ratio of 11.18. Meaning, the purchaser of the share is investing $11.18 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 10.78%.
Moving Average
Republic Bancorp’s value is below its 50-day moving average of $43.37 and below its 200-day moving average of $43.58.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 15, 2023, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 3.27%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 24.6%, now sitting on 286.15M for the twelve trailing months.
Sales Growth
Republic Bancorp’s sales growth is 40.4% for the ongoing quarter and 21.6% for the next.
4. Ocwen Financial Corporation NEW (OCN)
20.4% sales growth and 5.51% return on equity
Ocwen Financial Corporation, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through Servicing and Lending segments. It provides commercial mortgage loan servicing, special servicing, and asset management services, as well as residential mortgage loan servicing, such as conventional, government-insured, and non-agency loans to owners of mortgage loans and foreclosed real estate. The company also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels of reverse mortgage lending. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.
Earnings Per Share
As for profitability, Ocwen Financial Corporation NEW has a trailing twelve months EPS of $2.86.
PE Ratio
Ocwen Financial Corporation NEW has a trailing twelve months price to earnings ratio of 10.31. Meaning, the purchaser of the share is investing $10.31 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 5.51%.
Moving Average
Ocwen Financial Corporation NEW’s worth is below its 50-day moving average of $30.20 and under its 200-day moving average of $30.49.
Yearly Top and Bottom Value
Ocwen Financial Corporation NEW’s stock is valued at $29.49 at 16:22 EST, way below its 52-week high of $37.17 and way higher than its 52-week low of $17.76.
5. Waste Connections (WCN)
12.6% sales growth and 11.85% return on equity
Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. The company also owns and operates transfer stations that receive compact and/or load waste to be transported to landfills or treatment facilities through truck, rail, or barge; and intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities. In addition, it provides E&P waste treatment, recovery, and disposal services for waste resulting from oil and natural gas exploration and production activity, such as drilling fluids, drill cuttings, completion fluids, and flowback water; production wastes and produced water during a well's operating life; contaminated soils that require treatment during site reclamation; and substances, which require clean-up after a spill, reserve pit clean-up, or pipeline rupture. Further, the company offers leasing services to its customers. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.
Earnings Per Share
As for profitability, Waste Connections has a trailing twelve months EPS of $3.25.
PE Ratio
Waste Connections has a trailing twelve months price to earnings ratio of 44.25. Meaning, the purchaser of the share is investing $44.25 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 11.85%.
6. Plexus Corp. (PLXS)
10.5% sales growth and 14.31% return on equity
Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers design and development, supply chain, new product introduction, and manufacturing solutions, as well as aftermarket services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin.
Earnings Per Share
As for profitability, Plexus Corp. has a trailing twelve months EPS of $5.41.
PE Ratio
Plexus Corp. has a trailing twelve months price to earnings ratio of 16.81. Meaning, the purchaser of the share is investing $16.81 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 14.31%.
