(VIANEWS) – Xylem (XYL), Stantec (STN), Middlesex Water Company (MSEX) 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. Xylem (XYL)
22.3% sales growth and 8.9% return on equity
Xylem Inc., together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands. The Applied Water segment provides pumps, valves, heat exchangers, controls, and dispensing equipment systems under the Goulds Water Technology, Bell & Gossett, A-C Fire Pump, Standard Xchange, Lowara, Jabsco, Xylem Vue, and Flojet brands. The Measurement & Control Solutions segment offers smart meters, networked communication devices, data analytics, test equipment, controls, sensor devices, software and managed services, and critical infrastructure services; and software and services, including cloud-based analytics, remote monitoring and data management, leak detection, condition assessment, asset management, and pressure monitoring solutions, as well as testing equipment. This segment sells its products under the Pure Technologies, Sensus, Smith Blair, WTW, Xylem Vue, and YSI brands. The Integrated Solutions and Services segment provides maintenance services, mobile services, digital outsourced solutions, wastewater systems, environmental remediation, odor and corrosion control, filtration, reverse osmosis, ion exchange, and deionization under Aquapro, WaterOne, and Ion Pure brands. Xylem Inc. was formerly known as ITT WCO, Inc. and changed its name to Xylem Inc. in May 2011. Xylem Inc. was incorporated in 2011 and is headquartered in Washington, District of Columbia.
Earnings Per Share
As for profitability, Xylem has a trailing twelve months EPS of $2.79.
PE Ratio
Xylem has a trailing twelve months price to earnings ratio of 46.31. Meaning, the purchaser of the share is investing $46.31 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 8.9%.
Moving Average
Xylem’s value is above its 50-day moving average of $118.35 and way higher than its 200-day moving average of $106.36.
Sales Growth
Xylem’s sales growth is 37.9% for the ongoing quarter and 22.3% for the next.
Previous days news about Xylem(XYL)
- According to Zacks on Thursday, 21 March, "Another stock from the same industry, Xylem (XYL Quick QuoteXYL – Free Report) , has gained 4.2% over the past month. ", "For the current quarter, Xylem is expected to post earnings of $0.84 per share, indicating a change of +16.7% from the year-ago quarter. "
2. Stantec (STN)
19.8% sales growth and 13.14% return on equity
Stantec Inc. provides e professional services in the areas of infrastructure and facilities to the public and private sectors clients in Canada, the United States, and internationally. The company provides consulting services in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics. It also offers planning and design consulting services to clients in residential, logistics, retail, infrastructure, energy, higher education, and urban regeneration sectors; architectural and interior design, and planning services in the science and technology, commercial workplace, higher education, residential, and hospitality markets. In addition, it provides transportation planning and engineering services; project delivery consultancy services for mining, resources, and industrial infrastructure projects; and paleontological and archaeological services for the rail, transportation, water, and power and energy sectors. Further, the company offers environmental and cultural resource compliance services, as well as serves science and technology, commercial workplace, higher education, residential, and hospitality markets. Additionally, it is involved in the design, development, and delivery of sustainable projects; and design, construction administration, commissioning, maintenance, decommissioning, and remediation activities. The company was formerly known as Stanley Technology Group Inc. and changed its name to Stantec Inc. in October 1998. Stantec Inc. was founded in 1954 and is headquartered in Edmonton, Canada.
Earnings Per Share
As for profitability, Stantec has a trailing twelve months EPS of $2.2.
PE Ratio
Stantec has a trailing twelve months price to earnings ratio of 39.03. Meaning, the purchaser of the share is investing $39.03 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 13.14%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.9%, now sitting on 5.07B for the twelve trailing months.
Yearly Top and Bottom Value
Stantec’s stock is valued at $85.86 at 20:22 EST, below its 52-week high of $87.53 and way above its 52-week low of $54.90.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 20% and 16.7%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 0.72%.
3. Middlesex Water Company (MSEX)
14.5% sales growth and 7.62% return on equity
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
Earnings Per Share
As for profitability, Middlesex Water Company has a trailing twelve months EPS of $1.76.
PE Ratio
Middlesex Water Company has a trailing twelve months price to earnings ratio of 29.62. Meaning, the purchaser of the share is investing $29.62 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 7.62%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 14, 2024, the estimated forward annual dividend rate is 1.3 and the estimated forward annual dividend yield is 2.51%.
4. Arthur J. Gallagher & Co. (AJG)
14.3% sales growth and 9.66% return on equity
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. It operates in Brokerage and Risk Management segments. The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises. This segment performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers services in the areas of insurance and reinsurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent brokers and consultants. It serves commercial, industrial, public, religious, and nonprofit entities, as well as underwriting enterprises. Arthur J. Gallagher & Co. was founded in 1927 and is headquartered in Rolling Meadows, Illinois.
Earnings Per Share
As for profitability, Arthur J. Gallagher & Co. has a trailing twelve months EPS of $4.43.
PE Ratio
Arthur J. Gallagher & Co. has a trailing twelve months price to earnings ratio of 55.65. Meaning, the purchaser of the share is investing $55.65 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 9.66%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 14.2% and 19.5%, respectively.
Moving Average
Arthur J. Gallagher & Co.’s worth is higher than its 50-day moving average of $236.28 and above its 200-day moving average of $228.98.
Volume
Today’s last reported volume for Arthur J. Gallagher & Co. is 898894 which is 3.23% above its average volume of 870740.
5. Patrick Industries (PATK)
8.4% sales growth and 14.29% return on equity
Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.
Earnings Per Share
As for profitability, Patrick Industries has a trailing twelve months EPS of $6.5.
PE Ratio
Patrick Industries has a trailing twelve months price to earnings ratio of 17.32. Meaning, the purchaser of the share is investing $17.32 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 14.29%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 16, 2024, the estimated forward annual dividend rate is 2.2 and the estimated forward annual dividend yield is 1.95%.
Sales Growth
Patrick Industries’s sales growth is negative 7.1% for the present quarter and 8.4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 17.9%, now sitting on 3.47B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Patrick Industries’s EBITDA is 1.06.
