(VIANEWS) - Darling Ingredients (DAR), Novanta (NOVT), California BanCorp (CALB) 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. Darling Ingredients (DAR)
28.2% sales growth and 20.78% return on equity
Darling Ingredients Inc. produces and sells natural products made from bio-nutrients that are edible or inedible. It operates in three main segments, Feed Ingredients and Food Ingredients. The company offers customized solutions and ingredients for clients in the food, pharmaceutical, animal feed, fertilizer, fuel, bioenergy and industrial sectors. It transforms animal byproducts into specialty and useable ingredients such as edible fats (feed-grade fats), animal proteins, meals, plasma and pet food ingredients. The company also converts animal and cooking fats as well as leftover bakery products to valuable fuel and feed ingredients. The company also provides services such as grease trap removal and disposal to food service businesses. The company operates predominantly under the Sonac and Dar Pro brands in North America and Europe. It also has a presence in South America and Australia. Darling International Inc. was the company's name before it changed to Darling Ingredients Inc. on May 2014. Darling Ingredients Inc. was established in 1882. It is located in Irving, Texas.
Earnings Per Share
As for profitability, Darling Ingredients has a trailing twelve months EPS of $4.41.
PE Ratio
Darling Ingredients has a trailing twelve months price to earnings ratio of 16.82. Meaning, the purchaser of the share is investing $16.82 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 20.78%.Volume
Today's last reported volume for Darling Ingredients is 1822260 which is 46.38% above its average volume of 1244810.
2. Novanta (NOVT)
19.8% sales growth and 11.44% return on equity
Novanta Inc. and its subsidiaries design, manufacture, market, and sell photonics and vision components to original equipment makers in the industrial and medical markets around the world. The company's Photonics division offers photonics solutions including beam delivery and laser scanning, laser scanning, laser marking, laser solid state, lasers, lasers with high speed, lasers that can be used for laser-based industrial processes, as well as products to power optical light engines. These include medical, life-science imaging, laser sequencing and metrology. Vision provides medical-grade technologies such as medical insufflators and pumps and associated disposables. It also offers wireless recorder and video integration technology for operating room integrations. The Precision Motion segment includes optical and inductive encoders as well as precision motors and motion control sub-assemblies. It also offers servo drives and air bearings. It sells products via its direct sales force as well as through resellers and distributors. The original name of the company was GSI Group, Inc., but it changed its name in May 2016 to Novanta Inc. Novanta Inc. was established in 1968. It is located in Bedford, Massachusetts.
Earnings Per Share
As for profitability, Novanta has a trailing twelve months EPS of $1.25.
PE Ratio
Novanta has a trailing twelve months price to earnings ratio of 91.98. Meaning, the purchaser of the share is investing $91.98 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 11.44%.Revenue Growth
Year-on-year quarterly revenue growth grew by 25.6%, now sitting on 748.43M for the twelve trailing months.
Volume
Today's last reported volume for Novanta is 155673 which is 50.22% below its average volume of 312739.
3. California BanCorp (CALB)
19.6% sales growth and 9.46% return on equity
California BanCorp is the bank holding company of California Bank of Commerce. It provides small- to medium-sized business and professional clients with commercial banking services in California. You can deposit with it various products such as commercial checking, savings and money market accounts. It also provides asset-based loans and standby letters to credit. It also offers foreign exchange, cash management and treasury services. It operates via a network that includes 2 full-service branches located in Contra Costa County and Santa Clara County in California. There are also 4 loan production offices situated in Oakland, Walnut creek, San Jose and Sacramento. California BanCorp was founded in 2007. It is located in Oakland, California.
Earnings Per Share
As for profitability, California BanCorp has a trailing twelve months EPS of $0.81.
PE Ratio
California BanCorp has a trailing twelve months price to earnings ratio of 25.3. Meaning, the purchaser of the share is investing $25.3 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 9.46%.Moving Average
California BanCorp's value is under its 50-day moving average of $20.59 and under its 200-day moving average of $20.96.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is 17.9% and 34.2%, respectively.4. Hope Bancorp (HOPE)
15.5% sales growth and 10.75% return on equity
Hope Bancorp, Inc. is the Bank of Hope's holding company. It provides small- and medium-sized business banking and individual services in the United States. It accepts individual and company checking and savings. The company offers commercial loans for businesses to finance a variety of purposes such as purchasing inventory, working capital, debt refinancing and business acquisitions. Real estate loans are also available. Small business administration loans and loans for consumers, including single-family, personal, car, credit, home equity and auto loans. Trade finance services include the negotiation and issuance of letters of credit; documentary collection; warehouse credit for mortgage loan originators; commercial equipment leasing financing; and warehouse credit. It also offers cash management services such as remote deposit capture and lockbox and ACH origination; investment and wealth management; mobile banking; debit card services and safe deposit boxes; customary banking services; internet banking; and automated teller machines services. The company had 58 branches that provided full service in California, Washington and Texas as of January 26, 2021. There were also SBA loan production centers in Seattle, Denver and Dallas. In August 2016, the company, previously known as BBCN Bancorp, Inc., changed its name into Hope Bancorp, Inc. Hope Bancorp, Inc. is an American corporation that was founded in 2000. Its headquarters are located in Los Angeles, California.
Earnings Per Share
As for profitability, Hope Bancorp has a trailing twelve months EPS of $1.81.
PE Ratio
Hope Bancorp has a trailing twelve months price to earnings ratio of 7.23. Meaning, the purchaser of the share is investing $7.23 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 10.75%.Volume
Today's last reported volume for Hope Bancorp is 667366 which is 6.2% below its average volume of 711498.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.4%, now sitting on 604.27M for the twelve trailing months.
Moving Average
Hope Bancorp's worth is below its 50-day moving average of $14.36 and way under its 200-day moving average of $15.10.Sales Growth
Hope Bancorp's sales growth is 14.8% for the ongoing quarter and 15.5% for the next.
5. Amalgamated Bank (AMAL)
13.5% sales growth and 12.26% return on equity
Amalgamated Financial Corp. is a bank holding firm for Amalgamated Bank. It provides trust and commercial banking services to commercial and residential customers throughout the United States. It accepts various deposit products including savings and money market accounts and certificates of deposits. The company also offers commercial loans that include multifamily, commercial, industrial and multifamily mortgage loans. It also has retail loans such as consumer loans and residential real estate loans. The company also offers safe deposit box rental, safe deposit box management and bill payment online. It also provides trust, custody and investment management services including asset safekeeping and corporate actions. It also offers investment products such as fixed-income, equity and real estate. It serves advocacy-based non-profits, social welfare organizations, labor unions, political organizations, foundations, sustainability-focused, socially responsible businesses, and other for-profit companies, as well as their members and stakeholders. It has six branches located in New York City and San Francisco. Amalgamated financial Corp. was established in New York in 1923.
Earnings Per Share
As for profitability, Amalgamated Bank has a trailing twelve months EPS of $2.04.
PE Ratio
Amalgamated Bank has a trailing twelve months price to earnings ratio of 11.17. Meaning, the purchaser of the share is investing $11.17 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 12.26%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 50% and 42%, respectively.6. PRA Group (PRAA)
8% sales growth and 10.81% return on equity
PRA Group, Inc., is a financial services and financial company that specializes in non-performing loan portfolios. It also collects and manages them. The company is responsible for the acquisition of accounts that represent primarily unpaid debts owed by credit originators. These include banks, retailers, consumer finance, and auto financing companies. It also purchases non-performing loans such as Visa and MasterCard credit card, private label credit cards and lines of credit. It also provides services for consumer bankruptcy accounts and class action claim recovery. The firm was previously known as Portfolio Recovery Associates, Inc., but changed its name in October 2014 to PRA Group, Inc. PRA Group, Inc. was founded in 1996. It is located in Norfolk, Virginia.
Earnings Per Share
As for profitability, PRA Group has a trailing twelve months EPS of $3.4.
PE Ratio
PRA Group has a trailing twelve months price to earnings ratio of 9.52. Meaning, the purchaser of the share is investing $9.52 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 10.81%.