(VIANEWS) - Albemarle (ALB), Silicon Motion Technology Corporation (SIMO), Minerals Technologies (MTX) 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. Albemarle (ALB)
110.9% sales growth and 6.07% return on equity
Albemarle Corporation is a global manufacturer and marketer of engineered specialty chemicals. The company operates in three main segments, Lithium and Bromine. Lithium offers lithium compounds such as lithium chloride and lithium hydroxide. It also provides reagents like butyllithium or lithium aluminum hydride. These are used in high-performance greases and thermoplastic elastomers, car tires and rubber soles. The Lithium section includes catalysts for chemical reactions and organic synthesis in areas such as steroid chemistry, vitamins, life sciences and the pharmaceutical industry. The company also offers cesium products to the pharmaceutical and chemical industries, zirconium and barium products, as well as titanium products for pyrotechnical uses, including airbag initiators, technical services for handling reactive lithium products, and recycling of lithium-containing byproducts. Bromine offers specialty chemicals such as bromine, inorganic and elemental bromides; brominated powdered active carbon and other bromine fine chemical for use in chemical and industrial synthesis. Catalysts provides hydroprocessing and isomerization as well as fluidized catalysts for cracking and additives. It serves markets such as energy storage, petroleum refining and consumer electronics. Albemarle Corporation was established in 1887. It is located in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Albemarle has a trailing twelve months EPS of $3.52.
PE Ratio
Albemarle has a trailing twelve months price to earnings ratio of 67.87. Meaning, the purchaser of the share is investing $67.87 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 6.07%.Sales Growth
Albemarle's sales growth is 90.4% for the present quarter and 110.9% for the next.
2. Silicon Motion Technology Corporation (SIMO)
9.8% sales growth and 34.4% return on equity
Silicon Motion Technology Corporation and its subsidiaries design, develop, market, and sell NAND flash controllers to solid-state storage devices. The company offers controllers to be used in computing-grade solid-state drives (SSDs) and in other clients devices, enterprise-grade SSDs in data centers, eMMC, UFS mobile embedded storage, smartphones, IoT devices, flash memory cards, flash drives that can be used for expandable storage, as well as SSDs that can be used for industrial, commercial and automotive purposes. SMI is the brand that markets controllers; Enterprise-grade SSDs are under Shannon Systems; Single-chip Industrial-Grade SSDs fall under Ferri SSD and Ferri eMMC. It sells and markets its products via independent electronic distributors and direct sales staff to module and NAND flash manufacturers, NAND flash producers, hyperscalers and OEMs. The company operates internationally in Taiwan, South Korea and China as well as the United States. Silicon Motion Technology Corporation was established in Hong Kong in 1995.
Earnings Per Share
As for profitability, Silicon Motion Technology Corporation has a trailing twelve months EPS of $6.48.
PE Ratio
Silicon Motion Technology Corporation has a trailing twelve months price to earnings ratio of 9.93. Meaning, the purchaser of the share is investing $9.93 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 34.4%.Moving Average
Silicon Motion Technology Corporation's worth is way under its 50-day moving average of $74.93 and way under its 200-day moving average of $80.29.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 9, 2022, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 3.11%.
3. Minerals Technologies (MTX)
8.8% sales growth and 11.23% return on equity
Minerals Technologies Inc. designs, manufactures and markets a variety of specialty minerals, mineral-based and synthetic mineral products and related systems and services around the world. Performance Materials is the company's segment that supplies bentonite, bentonite-related and chromite products. The segment includes metal casting products as well as household, personal, and specialty care products. It also offers basic minerals, environmentally-friendly products and building materials. This segment also offers products for environmental and construction projects customers, but not for residential construction. The segment Specialty Minerals produces and sells precipitated Calcium Carbonate and quicklime. It also offers natural minerals products such as limestone and talc. These products can be used in the paper, plastic, pharmaceutical, auto, and building material industries. The Refractories section of the company offers monolithic and formed refractory material; specialty products and services; application and measurement equipment; calcium metal and metallic wire products which are used for applications in steel, nonferrous metal, glass, and other metal industries. The company's Energy Services segment offers offshore well testing and filtration services for the oil and natural gas industries. Its products are marketed mainly through direct sales, regional distributors and its own distribution network. Minerals Technologies Inc. was established in 1968. It is located in New York, New York.
Earnings Per Share
As for profitability, Minerals Technologies has a trailing twelve months EPS of $5.14.
PE Ratio
Minerals Technologies has a trailing twelve months price to earnings ratio of 9.61. Meaning, the purchaser of the share is investing $9.61 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 11.23%.Earnings Before Interest, Taxes, Depreciation, and Amortization
Minerals Technologies's EBITDA is 30.71.
Yearly Top and Bottom Value
Minerals Technologies's stock is valued at $49.41 at 01:22 EST, way below its 52-week high of $79.03 and above its 52-week low of $49.38.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 8.5% and 5.6%, respectively.Sales Growth
Minerals Technologies's sales growth for the next quarter is 8.8%.
Previous days news about Minerals Technologies(MTX)
- According to MarketWatch on Thursday, 13 October, "Seaport Research Partners on Thursday downgraded Entegris Inc. ENTG, Huntsman Corp. HUN and Minerals Technologies Inc. MTX to neutral from buy and upgraded Air Products & Chemicals Inc. APD, Ecolab Inc. ECL, Linde Plc LIN, and Sherwin Williams Co. SHW to buy from neutral. "
4. Washington Trust Bancorp (WASH)
8.7% sales growth and 14.71% return on equity
Washington Trust Bancorp, Inc. is the bank holding firm for The Washington Trust Company, Westerly, which offers a variety of financial and banking services to both individuals and businesses. It operates two sections, Commercial Banking and Wealth Management Services. Commercial Banking offers a variety of retail and commercial lending products. These include residential loans that are mortgage- and homeowner-related, as well as commercial mortgages, construction loans and commercial mortgages. Residential real estate loans includes mortgage and homeowner loans. Consumer loans also consist of home equity loans, lines of credit and personal installment loans. Loans to general aviation pilots can be secured with commercial banking aircraft. The segment offers various deposit accounts including non-interest bearing demand deposits and interest-bearing savings accounts. It also provides time deposits and debit cards, automatic teller machines, phone banking, online banking, mobile banking and remote deposit capture. Wealth Management Services provides financial planning, investment management, personal trust, estate and trustee services. The Wealth Management Services segment is available to both personal and institution clients. It is also a licensed broker-dealer and offers variable annuities as well as college savings plans. It had 10 branches in Rhode Island, 12 in Rhode Island's greater Providence region and one in Connecticut. Washington Trust Bancorp, Inc., was established in 1800. It is located in Westerly, Rhode Island.
Earnings Per Share
As for profitability, Washington Trust Bancorp has a trailing twelve months EPS of $4.3.
PE Ratio
Washington Trust Bancorp 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 14.71%.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 29, 2022, the estimated forward annual dividend rate is 2.16 and the estimated forward annual dividend yield is 4.6%.