(VIANEWS) - Banco Latinoamericano de Comercio Exterior, S.A. (BLX), Fortinet (FTNT), Northeast Community Bancorp (NECB) 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. Banco Latinoamericano de Comercio Exterior, S.A. (BLX)
45.2% sales growth and 6.83% return on equity
Banco Latinoamericano de Comercio Exterior S.A. is a multi-national bank that primarily finances foreign trade in Latin America, the Caribbean, and Latin America. Two segments of the company are Commercial and Treasury. The company offers short- and long-term structured, syndicated, bilateral and structured credits and loan commitments. It also has financial guarantee contracts such as stand-by letters and confirmed letters, and co-financing agreements, underwriting syndicated credit facility, financial leasing, factoring, vendor financing and co-financing. It also offers treasury services, including private placements and term deposits. The company serves financial institutions and corporations as well as sovereigns and other state-owned entities. The former name of the company was Banco Latinoamericano de Exportaciones S.A., but it changed its name in June 2009 to Banco Latinoamericano de Comercio Exterior S.A. Banco Latinoamericano de Comercio Exterior was established in 1977. It is located in Panama City in the Republic of Panama.
Banco Latinoamericano de Comercio Exterior, S.A.'s sales growth this year is anticipated to be 43.9% and a negative 0.5% for next year.
Year-on-year quarterly revenue growth grew by 49.1%, now sitting on 113.68M for the twelve trailing months.
Volume
Today's last reported volume for Banco Latinoamericano de Comercio Exterior, S.A. is 101546 which is 5.79% below its average volume of 107798.
Banco Latinoamericano de Comercio Exterior, S.A.'s sales growth for the next quarter is 45.2%. The company's growth estimates for the current quarter and the next is 64.3% and 42.6%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 6.83%.
Volatility
Banco Latinoamericano de Comercio Exterior, S.A.'s last day, last week, and last month's current intraday variation average was 0.07%, 0.78%, and 1.07%, respectively.
Banco Latinoamericano de Comercio Exterior, S.A.'s highest amplitude of average volatility was 1.55% (day), 2.07% (last week), and 1.86% (last month), respectively.
Banco Latinoamericano de Comercio Exterior, S.A.'s Stock Yearly Top and Bottom Value
Banco Latinoamericano de Comercio Exterior, S.A.'s stock is valued at $14.90 at 06:22 EST, way below its 52-week high of $19.33 and way higher than its 52-week low of $12.58.
Banco Latinoamericano de Comercio Exterior, S.A.'s Moving Average
Banco Latinoamericano de Comercio Exterior, S.A.'s value is higher than its 50-day moving average of $14.00 and under its 200-day moving average of $15.10.2. Fortinet (FTNT)
32.1% sales growth and 200.92% return on equity
Fortinet, Inc. offers broad, automated, and integrated cybersecurity solutions throughout the Americas, Europe, Middle East, Africa, Asia Pacific, and Europe. FortiGate software and hardware licenses are available. They provide multiple security and networking functions including firewall, intrusion prevention and anti-malware. FortiSwitch is a product line that offers customers secure networking options. FortiAP provides wireless network solutions. FortiExtender provides hardware appliances. FortiAnalyzer provides centralized network monitoring, analysis, and reporting. FortiManager provides a central, flexible management system for FortiGate products. FortiWeb is a web application firewall solution; FortiMail provides secure email gateway solutions. FortiClient provides endpoint security with behavior-based and pattern-based antimalware. FortiClient also provides proactive detection and mitigation. FortiToken, FortiAuthenticator, FortiEDR/XDR are endpoint protection solutions that provide comprehensive machine-learning antimalware execution as well as real-time post infection protection. Security subscriptions, technical support and professional training are available. It offers its security solutions through channel partners as well to customers directly in the telecommunications and technology industries. Linksys is its strategic partner. Fortinet, Inc., was founded in 2000. It is located in Sunnyvale, California.
Fortinet's sales growth this year is anticipated to be 31.1% and 22% for next year.
Year-on-year quarterly revenue growth grew by 28.6%, now sitting on 3.82B for the twelve trailing months.
Volume
Today's last reported volume for Fortinet is 3654410 which is 32.82% below its average volume of 5440190.
Fortinet's sales growth for the next quarter is 32.1%. The company's growth estimates for the current quarter and the next is 35% and 40%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 200.92%.
Volatility
Fortinet's last day, last week, and last month's current intraday variation average was 2.20%, 3.56%, and 1.89%, respectively.
Fortinet's highest amplitude of average volatility was 3.86% (day), 3.40% (last week), and 2.77% (last month), respectively.
Fortinet's Stock Yearly Top and Bottom Value
Fortinet's stock is valued at $50.68 at 06:22 EST, way below its 52-week high of $74.35 and higher than its 52-week low of $47.37.
Fortinet's Moving Average
Fortinet's value is under its 50-day moving average of $55.37 and way under its 200-day moving average of $60.24.3. Northeast Community Bancorp (NECB)
28.6% sales growth and 6.7% return on equity
Northeast Community Bancorp, Inc. is the holding company of Northeast Community Bank, which provides various financial services for consumers and businesses. Deposit products such as savings, checking, money market and individual retirement accounts are accepted by the company. The company offers multi-family, mixed use, and real-estate loans, commercial and industrial loans, construction loans, consumer loans, passbook, term and small-business administration loans, as well as revolving credit lines. It also provides ATM/debit, gift, and credit cards, investment advisory, financial planning, remote deposit, wire transfer and automated clearinghouse, credit card merchant and coin, and cash management as well as Internet and mobile banking and telephone banking. Three full-service branches are available in New York, three in Massachusetts and one in Rockland County. There are also two Orange County full service branches. The company also has a New York City loan production office. It was established in 1934. The headquarters are in White Plains in New York. Northeast Community Bancorp, Inc., is a subsidiary to Northeast Community Bancorp, MHC.
Northeast Community Bancorp's sales growth this year is expected to be 27.1% and 12.1% for next year.
Year-on-year quarterly revenue growth grew by 26.2%, now sitting on 46.17M for the twelve trailing months.
Volume
Today's last reported volume for Northeast Community Bancorp is 11921 which is 67.24% below its average volume of 36392.
Northeast Community Bancorp's sales growth for the next quarter is 28.6%. The company's growth estimates for the ongoing quarter and the next is 640% and 40.7%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 6.7%.
Northeast Community Bancorp's Stock Yearly Top and Bottom Value
Northeast Community Bancorp's stock is valued at $12.68 at 06:22 EST, under its 52-week high of $13.15 and way higher than its 52-week low of $10.39.
Northeast Community Bancorp's Moving Average
Northeast Community Bancorp's worth is higher than its 50-day moving average of $12.38 and higher than its 200-day moving average of $11.68.4. Meritage Homes Corporation (MTH)
22.3% sales growth and 29.98% return on equity
Meritage Homes Corporation builds single-family homes throughout the United States. It operates in two divisions: Homebuilding and Financial Services. The company acquires and develops new land and builds, markets and sells houses for first-time buyers and those who are first time homebuyers. It also provides luxury homes, title insurance, and settlement services for its customers. Under the Meritage Homes name, it builds and sells houses in Texas, Arizona and California. Meritage Homes Corporation is an Arizona-based company that was established in 1985.
Meritage Homes Corporation's sales growth this year is anticipated to be 21.1% and a negative 1.6% for next year.
Year-on-year quarterly revenue growth grew by 10.5%, now sitting on 5.48B for the twelve trailing months.
Volume
Today's last reported volume for Meritage Homes Corporation is 217044 which is 37.97% below its average volume of 349944.
Meritage Homes Corporation's sales growth for the next quarter is 22.3%. The company's growth estimates for the current quarter and the next is 27% and 14.7%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 29.98%.
Volatility
Meritage Homes Corporation's last day, last week, and last month's current intraday variation average was 2.11%, 1.91%, and 1.69%, respectively.
Meritage Homes Corporation's highest amplitude of average volatility was 2.50% (day), 2.73% (last week), and 2.92% (last month), respectively.
Meritage Homes Corporation's Stock Yearly Top and Bottom Value
Meritage Homes Corporation's stock is valued at $80.48 at 06:23 EST, way below its 52-week high of $125.01 and way above its 52-week low of $62.51.
Meritage Homes Corporation's Moving Average
Meritage Homes Corporation's worth is below its 50-day moving average of $82.97 and way under its 200-day moving average of $91.26.5. Randolph Bancorp (RNDB)
21.2% sales growth and 4.13% return on equity
Randolph Bancorp, Inc. is the bank holding company of Envision Bank. It provides financial services for individuals, families, small and mid-sized businesses, in Massachusetts, Rhode Island, southern New Hampshire, and Massachusetts. Envision Bank is one of its two divisions. Envision Mortgage is the other. It accepts checks, savings, checking, NOW and money market accounts. Certificates of deposit are also accepted. Individual retirement accounts can be opened. The company also provides residential and commercial mortgages for one to four families, as well as commercial, industrial, construction and consumer loans, home equity loans, lines of credit, investment securities, and commercial real estate loans. The company also offers remote deposit capture services for customers who need to fulfill their online banking requirements; cash management solutions including ACH, wire transfer and positive pay; as well as digital banking services. The company has five branches in Massachusetts, six loan production office and several lending centers in Massachusetts and Southern New Hampshire. It was established in Quincy in Massachusetts in 1851.
Randolph Bancorp's sales growth this year is anticipated to be 17% and 15.6% for next year.
Year-on-year quarterly revenue growth declined by 37.2%, now sitting on 39.42M for the twelve trailing months.
Volume
Today's last reported volume for Randolph Bancorp is 58 which is 98.82% below its average volume of 4953.
Randolph Bancorp's sales growth for the next quarter is 21.2%. The company's growth estimates for the present quarter and the next is a negative 0% and negative 0%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 4.13%.
Volatility
Randolph Bancorp's last day, last week, and last month's current intraday variation average was 0.45%, 0.34%, and 0.23%, respectively.
Randolph Bancorp's highest amplitude of average volatility was 0.60% (day), 0.29% (last week), and 0.32% (last month), respectively.
Randolph Bancorp's Stock Yearly Top and Bottom Value
Randolph Bancorp's stock is valued at $26.64 at 06:23 EST, below its 52-week high of $27.40 and way higher than its 52-week low of $18.18.
Randolph Bancorp's Moving Average
Randolph Bancorp's worth is above its 50-day moving average of $26.52 and above its 200-day moving average of $24.84.6. MYR Group (MYRG)
13.8% sales growth and 16.8% return on equity
MYR Group Inc. provides services for electrical construction in Canada and the United States through its subsidiaries. The company operates in two segments: Transmission and Distribution and Commercial and Industrial. Transmission and Distribution, the company's segment, offers services in electric transmission and distribution networks and substation facilities. This includes design, engineering procurement, construction and maintenance. The primary focus of this segment is on repair, maintenance and construction for customers in electric utilities. The company's Services segment includes the construction and maintenance high-voltage transmission lines and substations as well as lower voltage underground or overhead distribution systems and renewable power plants. It also offers limited gas construction services and emergency restoration in case of hurricanes, ice and other storm-related damages. It acts as the prime contractor for customers such as investors-owned utilities and cooperatives as well as private developers, government-funded utilities as well as independent power producers, independent transmission firms, owners of industrial facilities, contractors, and others. The Commercial and Industrial segment offers services such as the design, installation and maintenance of industrial and commercial wiring, along with installation and lighting of tunnels, roads, bridges, and roadways. It provides services to airports and hospitals, data centres, hotels, convention centers and stadiums. This segment serves developers, general contractors, industrial and commercial facility owners, government agencies and developers. MYR Group Inc. is located in Henderson, Colorado.
MYR Group's sales growth this year is expected to be 11.3% and 6.3% for next year.
Year-on-year quarterly revenue growth grew by 9%, now sitting on 2.6B for the twelve trailing months.
Volume
Today's last reported volume for MYR Group is 56590 which is 35.66% below its average volume of 87955.
MYR Group's sales growth for the next quarter is 13.8%. The company's growth estimates for the ongoing quarter and the next is a negative 3% and 16.7%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 16.8%.
Volatility
MYR Group's last day, last week, and last month's current intraday variation average was 2.11%, 1.58%, and 1.24%, respectively.
MYR Group's highest amplitude of average volatility was 2.86% (day), 2.40% (last week), and 2.39% (last month), respectively.
MYR Group's Stock Yearly Top and Bottom Value
MYR Group's stock is valued at $91.02 at 06:23 EST, way below its 52-week high of $121.22 and way higher than its 52-week low of $74.77.
MYR Group's Moving Average
MYR Group's value is below its 50-day moving average of $92.22 and under its 200-day moving average of $94.92.7. Allstate (ALL)
13.2% sales growth and 13.62% return on equity
Allstate Corporation and its affiliates provide property, casualty and other insurance products throughout the United States. Allstate Protection, Protection Services, Allstate Health and Benefits and Run-off Property Liability are the segments that make up this company. Allstate Protection offers homeowners and private passenger automobile insurance. It also has specialty products such as motorhome, motorcycle, truck, and off-road vehicles insurance. There are other personal lines products like renter, condo, landlord, boat umbrella, manufactured home, stand-alone personal property, as well commercial lines products that fall under both the Allstate or Encompass brands. Protection Services provides technical support and consumer product protection for consumer products such as mobile phones, electronics, furniture and appliances. It also offers finance and insurance products including vehicle service contracts and guaranteed asset protection waivers. Roadside assistance is available. Data and analytic services using automobile telematics information are provided. The Allstate Protection Plans, Allstate Dealer Services and Allstate Roadside Services are some of the brands this segment sells. Allstate Health and Benefits offers life, accident, critical illness and short-term disability insurance. The Run-off Property Liability provides property and casualty coverage. The company sells products via call centers, agents, financial specialists and independent brokers. It also offers wholesale partners and affinity groups. Allstate Corporation was established in Northbrook in Illinois in 1931.
Allstate's sales growth this year is expected to be 9.2% and 6.8% for next year.
Year-on-year quarterly revenue growth declined by 0.9%, now sitting on 50.47B for the twelve trailing months.
Volume
Today's last reported volume for Allstate is 2027450 which is 14.65% above its average volume of 1768330.
Allstate's sales growth for the next quarter is 13.2%. The company's growth estimates for the present quarter and the next is a negative 134.3% and 65.8%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 13.62%.
Volatility
Allstate's last day, last week, and last month's current intraday variation average was 4.05%, 1.97%, and 1.51%, respectively.
Allstate's highest amplitude of average volatility was 4.49% (day), 2.45% (last week), and 2.09% (last month), respectively.
Allstate's Stock Yearly Top and Bottom Value
Allstate's stock is valued at $128.99 at 06:24 EST, way under its 52-week high of $144.46 and way higher than its 52-week low of $106.11.
Allstate's Moving Average
Allstate's worth is higher than its 50-day moving average of $123.52 and above its 200-day moving average of $124.97.Previous days news about Allstate(ALL)
- Allstate plans 'significant' price increases for car insurance in the second half in response to inflationary pressures. According to MarketWatch on Thursday, 15 September, "Insurer Allstate Corp. said Thursday it is planning "significant" rate actions in the second half of the year for car insurance as it struggles with inflationary pressures. "