(VIANEWS) - CorEnergy Infrastructure Trust (CORR), Texas Capital Bancshares (TCBI), Red River Bancshares (RRBI) 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. CorEnergy Infrastructure Trust (CORR)
5277.6% sales growth and 4.77% return on equity
CorEnergy Infrastructure Trust, Inc., NYSE: CORR, CORRPrA), a real-estate investment trust (REIT), owns essential energy assets such as storage terminals, pipelines, transmission, and distribution assets. Long-term contracts revenue is earned from our customers, operators and suppliers of assets. This includes triple-net participating leases as well as long-term customer agreements.
Earnings Per Share
As for profitability, CorEnergy Infrastructure Trust has a trailing twelve months EPS of $-23.095.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 4.77%.Revenue Growth
Year-on-year quarterly revenue growth declined by 2.4%, now sitting on 137.19M for the twelve trailing months.
Volume
CorEnergy Infrastructure Trust's current reported volume is 86999, which is 51.85% more than its average volume (57292).
Sales Growth
CorEnergy Infrastructure Trust has a sales growth of 508.5% in the current quarter, and 5277.6% in the next.
2. Texas Capital Bancshares (TCBI)
38.3% sales growth and 5.98% return on equity
Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, National Association that provides various banking products and services for commercial businesses, and professionals and entrepreneurs. It offers business deposit products and services, including commercial checking accounts, lockbox accounts, and cash concentration accounts, as well as other treasury management services, including information services, wire transfer initiation, ACH initiation, account transfer, and service integration; and consumer deposit products, such as checking accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial loans for general corporate purposes comprising financing for working capital, internal growth, and acquisitions, as well as financing for business insurance premiums; real estate term and construction loans; mortgage warehouse lending; mortgage correspondent aggregation; equipment finance and leasing; treasury management services, including online banking and debit and credit card services; escrow services; and letters of credit. In addition, it offers personal wealth management and trust services; secured and unsecured loans; and online and mobile banking services. Further, the company provides American Airlines AAdvantage, an all-digital branch offering depositors. It operates in Austin, Fort Worth, Dallas, Houston, and San Antonio metropolitan areas of Texas. Texas Capital Bancshares, Inc. was founded in 1996 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Texas Capital Bancshares has a trailing twelve months EPS of $2.83.
PE Ratio
Texas Capital Bancshares has a trailing twelve months price to earnings ratio of 20.61. Meaning, the purchaser of the share is investing $20.61 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 5.98%.Revenue growth
The year-on-year revenue growth was 20% and now stands at 903.51M.
3. Red River Bancshares (RRBI)
26.2% sales growth and 13% return on equity
Red River Bancshares, Inc. is a bank holding firm for Red River Bank. It provides services and banking products to retail and commercial customers throughout Louisiana. It offers a variety of deposit products including time deposits, checking, savings, money market accounts and time deposits. The company also provides commercial real estate loans, one to four family mortgage loans, home equity loans, construction loans, small-business administration paycheck protection programs loans, tax-exempt loans, consumer loans, as well as loans for individuals, families, and households, such secured and unsecure term and long-term loans, home mortgage loans, lines of credit, and standby letters. The company also offers treasury management and private banking; brokerage; financial advisory; retirement planning; small business payroll protection program loans; debit and credit cards; direct deposits; cashier's check; wire transfer services; online bank services including account balances, online payments, bill payment and electronic delivery; as well as banking services in person through ATMs and drive-throughs; night deposits; telephone banking; mobile banking; remote banking; and services via mail, phone, SMS, email, remote banking and online. The company operates 27 banks centers in Louisiana, as well as two joint loan-and deposit production offices located in New Orleans and Lafayette. It was founded in 1998 in Alexandria, Louisiana.
Earnings Per Share
As for profitability, Red River Bancshares has a trailing twelve months EPS of $4.88.
PE Ratio
Red River Bancshares has a trailing twelve months price to earnings ratio of 10.74. Meaning, the purchaser of the share is investing $10.74 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%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 15.4% and 27.2%, respectively.Volume
Today's last reported volume for Red River Bancshares is 5364 which is 23.96% below its average volume of 7055.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 1, 2022, the estimated forward annual dividend rate is 0.28 and the estimated forward annual dividend yield is 0.53%.
4. DexCom (DXCM)
18.1% sales growth and 7.9% return on equity
DexCom, Inc., is a medical device firm that specializes in continuous glucose monitoring systems (CGMs) both domestically and internationally. It offers its products for both diabetes patients and healthcare professionals. DexCom G6, a CGM system that integrates with diabetes management, Dexcom Real Time API which allows third-party developers access real-time CGM data in their digital health apps and devices, Dexcom ONE, designed to replace fingerstick blood glucose testing to aid diabetes treatment decisions, and Dexcom Share, a remote monitoring and control system. Dexcom G7 is the next-generation G7 CGM systems. DexCom, Inc. is a partner and licensed agreement with Verily Life Sciences LLC, and Verily Ireland Limited for the development of blood-based and interstitial glucose monitoring devices. It sells its products to diabetes educators, doctors, and endocrinologists. DexCom, Inc., was founded in 1999. It is located in San Diego, California.
Earnings per Share
DexCom's trailing 12 months profit per share is $5.2.
PE Ratio
DexCom's trailing 12 months earnings to price ratio is 22.38. The purchaser of the shares is therefore investing $22.38 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability and shareholder equity for a business, was 7.9%.Volume
Today's last reported volume for DexCom is 2752010 which is 3.06% below its average volume of 2839060.
5. Wabash National Corporation (WNC)
12.9% sales growth and 12.28% return on equity
Wabash National Corporation develops, produces, and distributes engineered solutions primarily for the distribution, transportation and logistics industries. Transportation Solutions and Parts & Services are the two main segments of Wabash National Corporation. Transportation Solutions offers dry platform and platform trailers, refrigerated trailers and converter dollies. It also provides van bodies for dry freight transportation. Service bodies include insulated van bodies and stake bodies. Refrigerated truck bodies are available as well as used trailers and laminated hardwood oak flooring. The segment offers aluminum and stainless steel tank trailers, as well as dry bulk trailers and reinforced poly tanks trailers. Parts & Services provides parts and services for aluminum and steel flatbed body, shelf delivery, thermal solutions, partitions and roof racks. It also offers door repair and replacement and collision repair. The segment offers stainless steel storage and silos as well as mixers and processors to the food, beverage, pharmaceutical and chemical end markets. It also sells composite products such truck bodies and overhead doors and other products for industrial applications. It offers products under the Wabash and DuraPlate brands. The company distributes products through independent dealers, truckload common carriers and leasing companies as well as private fleet carriers and less-than-truckload common carrier carriers. Lafayette is the headquarters of this company, which was established in 1985.
Earnings per Share
Wabash National Corporation's trailing twelve-month EPS is $0.94.
PE Ratio
Wabash National Corporation's trailing 12-month price-earnings ratio is 27.29. The purchaser of the shares is therefore investing $27.29 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 12.28%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 914.3% and 41.7% respectively.Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be Jan 3, 2023. The forward annual dividend rate for the year is 0.32, and the forward annual dividend yield of 1.27%.
6. WEX (WEX)
10.2% sales growth and 7.07% return on equity
WEX Inc. provides financial technology services in North America, the Asia Pacific, and Europe. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment offers fleet vehicle payment processing services. Its services include customer, account activation, and account retention services; authorization and billing inquiries, and account maintenance services; premium fleet services; credit and collections services; merchant services; analytics solutions with access to web-based data analytics platform that offers insights to fleet managers; and ancillary services and tools to fleets to manage expenses and capital requirements. This segment markets its products directly and indirectly to commercial and government vehicle fleet customers with small, medium, and large fleets, as well as with over-the-road and long haul fleets; and indirectly through co-branded and private label relationships. The Travel and Corporate Solutions segment provides payment processing solutions for payment and transaction monitoring needs. Its products include virtual cards that are used for transactions where no card is presented and that require pre-authorization; and prepaid and gift card products that enables secure payment and financial management solutions with single card options, access to open or closed loop redemption, load limits, and with various expirations. This segment markets its products directly and indirectly to commercial and government organizations. The Health and Employee Benefit Solutions segment offers healthcare payment products and software-as-a-service consumer directed platforms for healthcare market, as well as payroll related and employee benefit products in Brazil. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is headquartered in Portland, Maine.
Earnings Per Share
As for profitability, WEX has a trailing twelve months EPS of $2.33.
PE Ratio
WEX has a trailing twelve months price to earnings ratio of 69.7. Meaning, the purchaser of the share is investing $69.7 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 7.07%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 24.4% and 11.1%, respectively.Revenue growth
Annual revenue growth was 27.6%. The twelve trailing months saw 2.22B in revenue.
Yearly Top and Bottom Value
WEX's stock is valued at $162.40 at 19:22 EST, way under its 52-week high of $183.38 and way higher than its 52-week low of $123.01.
7. Photronics (PLAB)
10.1% sales growth and 14.71% return on equity
Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, Korea, Europe, China, and internationally. The company offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, FDP substrates, and other types of electrical and optical components. It sells its products to semiconductor and FPD manufacturers, designers, and foundries, as well as to other high-performance electronics manufacturers through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.
Earnings Per Share
As for profitability, Photronics has a trailing twelve months EPS of $1.63.
PE Ratio
Photronics has a trailing twelve months price to earnings ratio of 11.44. Meaning, the purchaser of the share is investing $11.44 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%.Sales Growth
Photronics saw a 15.8% increase in sales for this quarter, and 10.1% the following.