(VIANEWS) - First Merchants Corporation (FRME), TriplePoint Venture Growth BDC Corp. (TPVG), Perion Network Ltd (PERI) 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. First Merchants Corporation (FRME)
40.4% sales growth and 10.55% return on equity
First Merchants Corporation is the financial holding firm for First Merchants Bank, which provides community banking services. The company accepts savings and time; it also provides real estate, consumer and commercial mortgage loans as well as finance public. It also provides brokerage services and private wealth management, as well as personal and corporate trust, corporate trust, private wealth management, letters of credit and repurchase agreements and other corporate services. The company has 109 locations across Indiana, Illinois and Ohio. It also provides its services via electronic and mobile delivery channels. First Merchants Corporation was established in Muncie in Indiana in 1893.
Earnings Per Share
As for profitability, First Merchants Corporation has a trailing twelve months EPS of $3.51.
PE Ratio
First Merchants Corporation has a trailing twelve months price to earnings ratio of 12.42. Meaning, the purchaser of the share is investing $12.42 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 10.55%.Sales Growth
First Merchants Corporation's sales growth is 41% for the current quarter and 40.4% for the next.
2. TriplePoint Venture Growth BDC Corp. (TPVG)
13.2% sales growth and 10.9% return on equity
TriplePoint Venture Growth BDC Corp is a business development company specializing investments in growth stage. It also provides debt financing to venture growth space companies which includes growth capital loans, equipment financings, revolving loans, and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It does not take board seat in the company.
Earnings per Share
TriplePoint Venture Growth BDC Corp.'s trailing 12 months EPS was $1.15.
PE Ratio
TriplePoint Venture Growth BDC Corp.'s trailing 12-month price-to-earnings ratio is 11.34. The purchaser of the shares is therefore investing $11.34 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 company, was 10.9%.Moving Average
TriplePoint Venture Growth BDC Corp. is worth more than its $50-day moving mean of $12.08, and less than its $200-day moving mean of $14.22.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 13, 2022, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 11.43%.
Sales Growth
TriplePoint Venture Growth BDC Corp.'s sales growth is 28% for the ongoing quarter and 13.2% for the next.
3. Perion Network Ltd (PERI)
12.3% sales growth and 19.23% return on equity
Perion Network Ltd. offers digital advertising solutions for brands, publishers, and agencies in North America, Europe and worldwide. The company offers Wildfire, which is a content-monetization platform, as well as search monetization options, such search mediation and website monetization. It also provides cross-channel digital advertising software, as a platform. It also provides a supply management platform and demand management platform. The analytics platform gives information on campaign performance and offers insight into campaign results. There is also a creative platform to make advertisements. An AI platform uses machine learning to provide intelligence for the different phases of campaigns. It also offers an integrated online video player with integrated ad server that allows you to upload, manage and stream video content. The content monetization platform integrates ads into the page layouts. The company also offers an analytics and performance optimization tool, reports, search-demand management systems, monetization products, and products that onboard and integrate demand vendors. It also offers Intelligent HUB (iHUB), which is a platform that pulls in signals from various channels, optimizes traffic at scale and yields engagement metrics, KPIs, and KPIs. Also, the company provides strategic optimization of pertinent traits (SORT), which is a provisional technology for eliminating the use of cookies. IncrediMail Ltd. was the company's previous name. In November 2011, Perion Network Ltd. became Perion Network Ltd. Perion Network Ltd. was established in 1999. It is located in Holon in Israel.
Earnings per Share
Perion Network Ltd's trailing twelve-month EPS is $1.78.
PE Ratio
Perion Network Ltd's trailing 12-month price-to-earnings ratio is 14.61. The purchaser of the shares is investing $14.61 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 19.23%.Sales Growth
Perion Network Ltd's sales growth is 27.6% for the current quarter and 12.3% for the next.
Revenue growth
The year-over-year growth in quarterly revenue was 31.1%. It now stands at 588.56M.
Moving Average
Perion Network Ltd's worth is way above its 50-day moving average of $22.74 and way higher than its 200-day moving average of $21.27.Annual Top and Bottom Value
Perion Network Ltd stock was valued at $26.01 as of 19:22 EST. This is lower than the 52-week high at $27.40, and much higher than the 52-week low at $16.41.
4. MaxLinear (MXL)
6% sales growth and 22.76% return on equity
MaxLinear, Inc. offers radio-frequency, high-performance analog, mixed-signal and hybrid communications systems-on chips solutions (SoCs), for wired and wireless infrastructure, industrial, multi-market and other applications. It offers a variety of semiconductor products including RF receivers/RF receiver SoCs as well wireless infrastructure backhaul modem receivers/modem SoCs. Laser modulator drivers, digital clocks, data recovery circuits and interface solutions. The company's products can be found in many electronic devices including wireline connectivity devices such as modems for home networking, modems and routers that support cable DOCSIS broadband, modems and gateways to in-home networks, modems and modems for wireless internet, modems and routers for wireline, modems and modems. It also makes fiber-optic modules and video set-top boxes, gateways and hybrid analog televisions. Power management and interface products and satellite indoor and outdoor units. It sells products through direct sales, to third-party sales reps and to a wide network of distributors. MaxLinear, Inc., was established in 2003. It is located in Carlsbad, California.
Earnings Per Share
As for profitability, MaxLinear has a trailing twelve months EPS of $1.56.
PE Ratio
MaxLinear has a trailing twelve months price to earnings ratio of 22.47. Meaning, the purchaser of the share is investing $22.47 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 22.76%.Annual Top and Bottom Value
MaxLinear stock was valued at $35.06 as of 19:22 EST. This is way lower than its 52 week high of $77.89, and much higher than its 52 week low of $29.27.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.4%, now sitting on 1.08B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MaxLinear's EBITDA is 2.87.