(VIANEWS) - Chesapeake Energy Corporation (CHK), First Financial Bancorp. (FFBC), PennantPark Investment Corporation (PNNT) 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. Chesapeake Energy Corporation (CHK)
144.9% sales growth and 59.46% return on equity
Chesapeake Energy Corporation is involved in the exploration and acquisition of properties that can be used to produce oil, natural gas and natural gas liquids from underground US reservoirs. It holds interest in several natural gas resource plays including the Marcellus, in Pennsylvania's Northern Appalachian Basin; Haynesville in Northwestern Louisiana; Eagle Ford (South Texas); Brazos Vale in Southeast Texas; Powder River Basin (Wyoming). It owned interest in 7,400 natural gas and oil wells as of December 31, 2020. This includes 5,900 properties that have working interest, 1,500 properties which are royalty-interested, and 60 million mmboe estimated proven reserves. It was established in Oklahoma City in 1989.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 59.46%.2. First Financial Bancorp. (FFBC)
33.5% sales growth and 9.24% return on equity
First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers. It also provides real estate loans secured by residential property, such as one to four family residential housing units or commercial property comprising owner-occupied and/or investor income producing real estate consisting of apartments, shopping centers, or office buildings; commercial and industrial loans for various purposes, including inventory, receivables, and equipment; consumer loans comprising new and used vehicle loans, second mortgages on residential real estate, and unsecured loans; and home equity lines of credit. In addition, the company offers commercial financing to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. Further, it provides a range of trust and wealth management services; and lease and equipment financing services. As of December 31, 2021, the company operated 139 full service banking centers, 29 of which are leased facilities. It operates 62 banking centers in Ohio, three banking centers in Illinois, 62 banking centers in Indiana, and 12 banking centers in Kentucky. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio.
Earnings per Share
First Financial Bancorp is profitable. A trailing 12 month EPS of 2.07 has been achieved.
PE Ratio
First Financial Bancorp. Trailing 12-month earnings to price ratio is 12.56 The purchaser of the shares is investing $12.56 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 9.24%.Sales Growth
First Financial Bancorp.'s sales growth is 26.6% for the present quarter and 33.5% for the next.
3. PennantPark Investment Corporation (PNNT)
27.4% sales growth and 5.54% return on equity
PennantPark Investment Corporation is a business development firm that specializes in mezzanine and direct investments in middle-market companies. The fund invests in mezzanine, senior secured and equity loans. It invests in real estate and buildings, as well as gaming, leisure and technology. The fund invests in equity securities, debt transactions, including common stock, warrants and options, subordinated and subordinated debts, first lien debts, mezzanine and distressed loans securities, as well as equity and equity equity co-investments. The fund is open to investing in American companies. It seeks to make investments in companies with EBITDA of between $10 and $50 million. The fund's mezzanine and senior secured loans as well as other investments in portfolio companies range from $15 million to $50 million. It may make debt and equity investments as well as non-control equity.
Earnings per Share
PennantPark Investment Corporation's trailing twelve-month EPS is $0.54.
PE Ratio
PennantPark Investment Corporation's trailing 12-month price-to-earnings ratio is 11.4. The purchaser of the shares is therefore investing $11.4 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 5.54%.4. Pacific Premier Bancorp (PPBI)
13.4% sales growth and 10.58% return on equity
Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides banking services to businesses, professionals, real estate investors, and non-profit organizations. The company accepts deposit products, such as checking, money market, and savings accounts; and certificates of deposit. Its loan portfolio includes commercial real estate owner and non-owner-occupied, multifamily, construction and land, franchise real estate secured, small business administration (SBA), and SBA paycheck protection program loans; revolving lines or credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and savings account secured loans and auto loans. The company also offers cash management, electronic banking, treasury management, and online bill payment services. It operates 61 full-service depository branches located in Arizona, California, Nevada, Oregon, and Washington. Pacific Premier Bancorp, Inc. was founded in 1983 and is headquartered in Irvine, California.
Earnings Per Share
As for profitability, Pacific Premier Bancorp has a trailing twelve months EPS of $1.15.
PE Ratio
Pacific Premier Bancorp has a trailing twelve months price to earnings ratio of 31.2. Meaning, the purchaser of the share is investing $31.2 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 10.58%.5. Globus Medical (GMED)
12.6% sales growth and 8.91% return on equity
Globus Medical, Inc. is a medical device firm that focuses on developing and marketing implants to treat patients suffering from musculoskeletal conditions. The company's spine portfolio offers a variety of surgical and implant options to address degenerative, abnormal, or tumor-related conditions in the spine, from the occiput through the sacrum. Products for orthopedic trauma include fracture plates, internal fixation system, external fixation system, and compression screws. There are also regenerative biologic products such as allografts, synthetic alternatives, and adjunctive treatments that can be used with implant hardware to stabilize it. It also offers motion preservation technology, including dynamic stabilization and total disc replacement, interspinous distraction devices and interventional pain management to treat vertebral compress fractures. Further, the company offers expandable spacer products, which include RISE, RISE-L, CALIBER, CALIBER-L, ALTERA, ELSA, ELSA-ATP, SABLE, MAGNIFY, MAGNIFY-S, FORTIFY, and XPand; CREO thoracolumbar stabilization platform that offers instruments and implants for treating pathologies; CREO MIS and CREO MCS, options designed for less invasive surgery and minimal muscle disruption; CREO Derotation and CREO Rod Link Reducer systems, which help to streamline various derotation maneuvers for deformity correction; CREO Addition that provides a range of connectors; and CREO Fenestrated, a cement augmented pedicle screw system for patients with advanced stage tumors and limited life expectancy, as well as QUARTEX, an occipito-cervico-thoracic stabilization system. Globus Medical, Inc., was established in 2003. It is located in Audubon, Pennsylvania.
Earnings per Share
Globus Medical's trailing 12 months earnings per share (EPS) is $1.45
PE Ratio
Globus Medical's trailing 12 months earnings to price ratio is 49.43. The purchaser of the shares is therefore investing $49.43 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 8.91%.Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 14.3% and 26.2%, respectively.Revenue Growth
Year-on-year quarterly revenue growth grew by 10.6%, now sitting on 998.37M for the twelve trailing months.
Sales Growth
Globus Medical has a 10.9% and 12.6% sales growth for the current quarter.
Earnings before Interest, Taxes and Depreciation
Globus Medical's EBITDA stands at 7.09.
6. J.B. Hunt Transport Services (JBHT)
5.5% sales growth and 31.44% return on equity
J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in North America. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions. It operates 104,973 pieces of company-owned trailing equipment; owns and maintains its chassis fleet of 85,649 units; and manages a fleet of 5,612 company-owned tractors, 582 independent contractor trucks, and 6,943 company drivers. The DCS segment designs, develops, and executes supply chain solutions that support various transportation networks. As of December 31, 2021, it operated 11,139 company-owned trucks, 544 customer-owned trucks, and 6 contractor trucks. The company also operates 21,069 owned pieces of trailing equipment and 7,753 customer-owned trailers. The ICS segment provides freight brokerage and transportation logistics solutions; flatbed, refrigerated, expedited, and less-than-truckload, as well as dry-van and intermodal solutions; an online multimodal marketplace; and logistics management for customers to outsource the transportation functions. The FMS segment offers delivery services through 1,272 company-owned trucks, 272 customer-owned trucks, and 19 independent contractor trucks; and 1,036 owned pieces of trailing equipment and 185 customer-owned trailers. The JBT segment provides dry-van freight services by utilizing tractors and trailers operating over roads and highways through 734 company-owned tractors and 11,172 company-owned trailers. It also transports or arranges for the transportation of freight, such as general merchandise, specialty consumer items, appliances, forest and paper products, food and beverages, building materials, soaps and cosmetics, automotive parts, agricultural products, electronics, and chemicals. The company was incorporated in 1961 and is headquartered in Lowell, Arkansas.
Earnings Per Share
As for profitability, J.B. Hunt Transport Services has a trailing twelve months EPS of $5.13.
PE Ratio
J.B. Hunt Transport Services has a trailing twelve months price to earnings ratio of 36.34. Meaning, the purchaser of the share is investing $36.34 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 31.44%.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 2, 2022, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 0.9%.