(VIANEWS) - Allegiance Bancshares (ABTX), Haynes International (HAYN), Benchmark Electronics (BHE) 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. Allegiance Bancshares (ABTX)
75.4% sales growth and 10.13% return on equity
Allegiance Bancshares, Inc. is the bank holding company of Allegiance Bank. It provides commercial banking services to small and mid-sized businesses, professionals, as well as individual customers. You can deposit money into checking, bank accounts, money markets, savings, certificates, or other products. It also offers a variety of loan products such as commercial and industrial loans, commercial real-estate loans including multifamily residential loans, commercial real-estate construction and land development loans, residential real estate loans like residential mortgage loans for 1-4 families, residential construction loans and consumer loans. It also offers drive-through and automated teller machines; depository services; mobile banking; telephone, mail and Internet banking. The company also offers safe deposit boxes and debit cards as well as cash management, wire transfer and cash management services. It can provide letters of credit, overnight depository services and direct deposits. It had 28 locations, with 27 in Houston and one in Beaumont. Houston is the headquarters of this company, which was established in 2007.
Earnings Per Share
As for profitability, Allegiance Bancshares has a trailing twelve months EPS of $3.71.
PE Ratio
Allegiance Bancshares has a trailing twelve months price to earnings ratio of 11.22. Meaning, the purchaser of the share is investing $11.22 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 10.13%.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 29, 2022, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 1.35%.
Moving Average
Allegiance Bancshares's value is below its 50-day moving average of $43.51 and under its 200-day moving average of $42.19.2. Haynes International (HAYN)
38.2% sales growth and 9.65% return on equity
Haynes International, Inc. designs, produces, markets, distributes, and sells nickel- and cobalt based alloys in plate, sheet, and coil forms throughout the United States, Europe, Asia, as well as internationally. It offers HTA (high-temperature resistance alloys) and CRA (corrosion-resistant alloys). The company's HTA products can be used to make equipment such as jet engines, industrial heating equipment and gas turbine engines. The company's CRA products can be used for various purposes, such as chemical processing and power plant emission control. The company's products are also used in oil-gas desulfurization and waste incineration. They can also be used in automotive, sensor and instrumentation and biopharmaceuticals. The company also produces seamless tubulars and welded tubulars as well as products in slab, bars, billet, wire, and other forms. The company sells products through its own direct sales organization and a network of independent distributors. Haynes International, Inc., was established in 1912, and has its headquarters in Kokomo, Indiana.
Earnings Per Share
As for profitability, Haynes International has a trailing twelve months EPS of $2.48.
PE Ratio
Haynes International has a trailing twelve months price to earnings ratio of 15.67. Meaning, the purchaser of the share is investing $15.67 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 9.65%.3. Benchmark Electronics (BHE)
20.2% sales growth and 4.98% return on equity
Benchmark Electronics, Inc., along with its affiliates, offers product design, engineering solutions, technology solutions, advanced manufacturing services, and other services throughout the Americas, Asia, Europe, and Africa. It offers technology services, such as new product design, prototyping, testing and other engineering services. Custom testing and equipment design and building services are also offered. The company also offers testing and manufacturing services in electronics, including printed circuit board assembly, test solutions, component reliability testing and environmental testing. It also offers component engineering services. The company also offers electromechanical assembly and precision machining services. It also provides subsystem integration and service, which includes configuration and testing for different industries. It also offers value-added services such as supply chain management and direct order fulfillment. Aftermarket non-warranty service includes repair, replacement and refurbishment of products, exchanges, upgrades, spare parts manufacturing, and repairs. It serves OEMs in aerospace, defense, medical technology, test and measurement, telecommunications and high-end computing. The company sells its products mostly through direct sales. Electronics, Inc. was the company's former name. Benchmark Electronics, Inc., was established in 1979. It is located in Tempe, Arizona.
Earnings Per Share
As for profitability, Benchmark Electronics has a trailing twelve months EPS of $1.34.
PE Ratio
Benchmark Electronics has a trailing twelve months price to earnings ratio of 19.02. Meaning, the purchaser of the share is investing $19.02 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 4.98%.Sales Growth
Benchmark Electronics's sales growth is 26.9% for the ongoing quarter and 20.2% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 28, 2022, the estimated forward annual dividend rate is 0.66 and the estimated forward annual dividend yield is 2.59%.
Volume
Today's last reported volume for Benchmark Electronics is 113791 which is 19.6% below its average volume of 141545.
4. Veeco Instruments (VECO)
15.8% sales growth and 9.52% return on equity
Veeco Instruments Inc. and its subsidiaries develop, manufacture, sell, support semiconductor and thin-film process equipment. This is primarily used to create electronic devices around the world. Laser annealing is available, along with ion beam and etching, metal organic chemical vapour deposition, single wafer processing and surface preparation and molecular beam epitaxy. The company also offers atomic layer and other deposition methods, as well packaging lithography equipment. The company's process equipment is used to produce a variety of microelectronic parts, such as logic, dynamic random access memory, power electronics and radio frequency filters, amplifiers, thin-film magnetic heads and other semiconductor components. It sells products to semiconductor manufacturers, foundries, outsourced semiconductor assembly, test, hard drive and photonics producers, as well as research centers and universities. Veeco Instruments Inc. is located in Plainview in New York.
Earnings Per Share
As for profitability, Veeco Instruments has a trailing twelve months EPS of $0.71.
PE Ratio
Veeco Instruments has a trailing twelve months price to earnings ratio of 26.32. Meaning, the purchaser of the share is investing $26.32 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 9.52%.Revenue Growth
Year-on-year quarterly revenue growth grew by 12.1%, now sitting on 623.64M for the twelve trailing months.
5. Ares Commercial Real Estate Corporation (ACRE)
12.8% sales growth and 7.28% return on equity
Ares Commercial Real Estate Corporation is a special finance firm that invests in and originates commercial real estate loans in the United States. The company offers a variety of financing options for CRE property owners and operators. It originates subordinate and senior mortgage products as well as mezzanine, mezzanine, and other CRE investment, such commercial mortgage-backed securities, mortgage-backed securities, mortgage preferred equity investments, mortgage preferred equity investments, mortgage preferred equity investments, real estate prefered equity investments, and others. Ares Commercial Real Estate Corporation is qualified and has chosen to be taxed under the Internal Revenue Code of 1986 as a real property investment trust. As the company's manager, Ares Commercial Real Estate Management LLC is responsible. It was established in New York in 2011.
Earnings Per Share
As for profitability, Ares Commercial Real Estate Corporation has a trailing twelve months EPS of $1.07.
PE Ratio
Ares Commercial Real Estate Corporation has a trailing twelve months price to earnings ratio of 10.12. Meaning, the purchaser of the share is investing $10.12 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 7.28%.6. Check Point (CHKP)
5.7% sales growth and 24.62% return on equity
Check Point Software Technologies Ltd. markets and supports products and services in IT security around the world. It offers network security and endpoint security as well as data security solutions. Check Point Infinity Architecture is a cyber security framework that provides protection against cyber-attacks of the 5th through 6th generations across multiple networks, endpoints, clouds, workloads and mobile devices. It also provides security platforms and gateways that can support medium-sized businesses (SMBs) and large enterprises in telco-grade environments. The company also offers cloud security and posture management for cloud networks, as well as cloud web application protection and protection for web apps and APIs. Check Point Harmony provides remote access and endpoint security. The company also offers technical support plans and programs; professional services to implement, upgrade, and optimize Check Point products. These services include security implementation and design planning; as well as certification and education training on Check Point products. The company sells products via multiple channels including resellers and system integrators as well as managed security service providers, original equipment producers, distributors, resellers, and system integrators. Check Point Software Technologies Ltd., which was founded in 1993, is located in Tel Aviv in Israel.
Earnings Per Share
As for profitability, Check Point has a trailing twelve months EPS of $6.07.
PE Ratio
Check Point has a trailing twelve months price to earnings ratio of 18.51. Meaning, the purchaser of the share is investing $18.51 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 24.62%.Volume
Today's last reported volume for Check Point is 745774 which is 11.06% below its average volume of 838534.
Sales Growth
Check Point's sales growth is 8% for the present quarter and 5.7% for the next.
Yearly Top and Bottom Value
Check Point's stock is valued at $112.39 at 20:22 EST, way below its 52-week high of $149.62 and above its 52-week low of $107.54.