(VIANEWS) - Lumentum Holdings (LITE), Unity Bancorp (UNTY), Independent Bank Group (IBTX) 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. Lumentum Holdings (LITE)
18.3% sales growth and 6.69% return on equity
Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mode, and Raman pumps; and switches, attenuators, photodetectors, gain flattening filters, isolators, wavelength-division multiplexing filters, arrayed waveguide gratings, multiplex/de-multiplexers, and integrated passive modules. This segment also provides Super Transport Blade, which integrates optical transport functions into a single-slot blade; vertical-cavity surface-emitting lasers; directly modulated and electro-absorption modulated lasers; and laser illumination sources for 3D sensing systems. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, and remote sensing, as well as in precision machining, such as drilling in printed circuit boards, wafer singulation, glass cutting, and solar cell scribing. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Lumentum Holdings has a trailing twelve months EPS of $1.7.
PE Ratio
Lumentum Holdings has a trailing twelve months price to earnings ratio of 32.45. Meaning, the purchaser of the share is investing $32.45 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 6.69%.Earnings before Interest, Taxes and Depreciation
Lumentum Holdings has an EBITDA of 48.35
Volume
Today's last reported volume for Lumentum Holdings is 698411 which is 35.73% below its average volume of 1086810.
2. Unity Bancorp (UNTY)
15.4% sales growth and 17.93% return on equity
Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides commercial and retail banking products and services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts, as well as noninterest and interest-bearing demand deposits. It also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and consumer construction lines, as well as personal loans. As of December 31, 2020, the company offered its services through the Internet and nineteen branch offices located in Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, as well as Northampton County, Pennsylvania. Unity Bancorp, Inc. was incorporated in 1991 and is headquartered in Clinton, New Jersey.
Earnings Per Share
As for profitability, Unity Bancorp has a trailing twelve months EPS of $2.5.
PE Ratio
Unity Bancorp has a trailing twelve months price to earnings ratio of 10.61. Meaning, the purchaser of the share is investing $10.61 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 17.93%.Annual Top and Bottom Value
At 05:22 EST Unity Bancorp stock was valued at $26.52 - way below its 52 week high of $31.37, and higher than its 52-week low at $24.80.
Volume
Unity Bancorp's latest reported volume is 11230, which is 38.89% lower than its average volume (18377).
Moving Average
Unity Bancorp's worth is under its 50-day moving average of $27.88 and below its 200-day moving average of $27.69.Sales Growth
Unity Bancorp has seen a 11.7% increase in sales for its current quarter, and 15.4% growth for the following.
3. Independent Bank Group (IBTX)
11.7% sales growth and 8.52% return on equity
Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans comprising SBA guaranteed loans, business term loans, equipment lease financing, lines of credit, and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages. In addition, it offers debit cards, online and mobile banking, eStatement, bank-by-mail, and direct deposit services; and business accounts and management services, including analyzed business checking, business savings, and treasury management services. As of December 31, 2020, the company operated 93 branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.
Earnings Per Share
As for profitability, Independent Bank Group has a trailing twelve months EPS of $4.97.
PE Ratio
Independent Bank Group has a trailing twelve months price to earnings ratio of 12.09. Meaning, the purchaser of the share is investing $12.09 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 8.52%.Revenue Growth
Year-on-year quarterly revenue growth grew by 8.3%, now sitting on 602.74M for the twelve trailing months.
Moving Average
Independent Bank Group's value falls below its 50-day moving mean of $63.09, and is far lower than its 200-day moving median of $67.85.4. Brinks Company (BCO)
10.6% sales growth and 65.08% return on equity
Secure transportation and cash management are provided by The Brink's Company in North America, Latin America and Europe. It offers services such as armored vehicles for transporting valuables, automated teller machines (ATM), management services like cash replenishment and replenishment forecasting and cash optimization. Service call dispatching is also available. Transaction processing, installation and maintenance are some of the services offered by the company. Cash-in-transit and network infrastructure are other services. The company also offers transportation services for precious metals, diamonds, gold, silver, bank notes and currency; vault outsourcing, money processing and other services. These services include cashier balance, fraud detection, account consolidation and electronic reporting. The company also offers technology services, such as online cash tracking and cash inventory management. It also offers bill payment processing and acceptance services, prepaid cards, corporate debit cards, security system design services, including alarms and motion detectors. Closed-circuit televisions and closed-circuit video recorders can be used to create and install access control systems that use card and biometric readers and electronic locks. The company also offers security and guarding solutions to secure airports and other public places, such as offices, warehouses and stores. The company serves financial institutions and retailers as well as government agencies and mints. The original name of the company was The Pittston Company. In May 2003, it changed its name from The Brink's Company to The Brink's Company. The Brink's Company is located in Richmond, Virginia. It was established in 1859.
Earnings Per Share
As for profitability, Brinks Company has a trailing twelve months EPS of $3.58.
PE Ratio
Brinks Company has a trailing twelve months price to earnings ratio of 15.12. Meaning, the purchaser of the share is investing $15.12 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 65.08%.Yearly Top and Bottom Value
Brinks Company's stock is valued at $54.12 at 05:22 EST, way below its 52-week high of $73.42 and way above its 52-week low of $48.38.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 3, 2022, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 1.48%.