(VIANEWS) - OceanFirst Financial Corp. (OCFC), Huntington Bancshares (HBAN), The ONE Group Hospitality (STKS) 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. OceanFirst Financial Corp. (OCFC)
36.6% sales growth and 6.74% return on equity
OceanFirst Financial Corp. is the bank holding firm for OceanFirst Bank N.A. It provides banking services to the community. The bank accepts time deposits for retail and government customers. It also provides commercial real estate and multi-family land, commercial, industrial, and construction loans. Fixed-rate and adjustable rate mortgage loans are available that can be secured by up to four family homes. Consumer loans include home equity loans and lines, student loans, overdrafts, savings loans, and loans on savings. It also invests in U.S. Government securities and corporate securities. The company also offers wealth management and bankcard services, as well as trust and asset management and alternative investment products. It operated from its Toms River branch; an administrative office is located in Red Bank, Mount Laurel, 46 other branch offices, four deposit production centers, as well as commercial loan production offices throughout New Jersey, New York City and the Philadelphia region, Baltimore and Boston. Red Bank is the home of the company, which was established in 1902.
Earnings Per Share
As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $1.27.
PE Ratio
OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 15.03. Meaning, the purchaser of the share is investing $15.03 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 6.74%.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 5, 2022, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 3.31%.
Moving Average
OceanFirst Financial Corp.'s value is under its 50-day moving average of $20.11 and below its 200-day moving average of $20.52.2. Huntington Bancshares (HBAN)
12.6% sales growth and 9.26% return on equity
Huntington Bancshares Incorporated is the bank holding firm for The Huntington National Bank. It provides mortgage, commercial and consumer banking services throughout the United States. The four main segments of the company are Consumer and Business Banking, Commercial Banking, Vehicle Finance and Regional Banking. The Huntington Private Client Group and The Huntington Private Client Group also operate. Consumer and Business Banking offers financial products and service, including checking accounts and savings accounts; money market accounts; certificates of deposit, credit card, and loans for small and medium-sized businesses. The segment offers mortgages, insurance and interest rate risk protection. It also has foreign exchange and automated teller machines. This segment can provide treasury services online and mobile. This segment serves small and large business clients as well as consumers. It offers commercial banking services for small and medium-sized businesses and government entities. The bank also offers asset financing services, capital raising solutions and sales and trading as well as corporate risk management products. It also offers institutional banking services and treasury services. Vehicle Finance provides financing for consumers to purchase automobiles, light duty trucks, recreational vehicles and boats at select franchised dealers. Franchised dealerships can also acquire new or used inventory. The RBHPCG Segment offers wealth management and private banking services. The company has approximately 1000 branches across 11 states as of March 18, 2022. Huntington Bancshares Incorporated is an Ohio-based company that was established in 1866.
Earnings Per Share
As for profitability, Huntington Bancshares has a trailing twelve months EPS of $1.14.
PE Ratio
Huntington Bancshares has a trailing twelve months price to earnings ratio of 12.66. Meaning, the purchaser of the share is investing $12.66 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 9.26%.Volume
Today's last reported volume for Huntington Bancshares is 37108300 which is 132.06% above its average volume of 15990400.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 15, 2022, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 4.67%.
Moving Average
Huntington Bancshares's worth is higher than its 50-day moving average of $13.68 and higher than its 200-day moving average of $14.07.Previous days news about Huntington Bancshares(HBAN)
- Huntington bancshares rallies on hiked net interest income outlook. According to MarketWatch on Friday, 21 October, "Wall Street analysts currently expect Huntington Bancshares to generate $1.34 billion in net interest income in the fourth quarter, according to FactSet data. "
3. The ONE Group Hospitality (STKS)
12.2% sales growth and 47.37% return on equity
One Group Hospitality, Inc. is a global hospitality company that develops, controls, licenses, runs, and owns restaurants and lounges. The company operates via the STK, Kona Grill and ONE Hospitality divisions. It also offers turn-key food services and beverages for hotels and casinos. The company offers hospitality consulting and advisory services, as well as developing and managing restaurants, bars and rooftops. It operates restaurants under the STK, Kona Grill and other brands. It owned, operated and managed 60 restaurants as of December 31, 2020. This includes 23 STKs, 24 Kona Grills, in North America and Europe. There were also 13 F&B outlets in seven casinos and hotels in Europe and the United States. Denver, Colorado is the home of ONE Group Hospitality, Inc., which was established in 2004.
Earnings Per Share
As for profitability, The ONE Group Hospitality has a trailing twelve months EPS of $0.77.
PE Ratio
The ONE Group Hospitality has a trailing twelve months price to earnings ratio of 8.74. Meaning, the purchaser of the share is investing $8.74 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 47.37%.Yearly Top and Bottom Value
The ONE Group Hospitality's stock is valued at $6.73 at 16:22 EST, way below its 52-week high of $16.44 and higher than its 52-week low of $6.37.
4. Cadence Design Systems (CDNS)
12.1% sales growth and 30.15% return on equity
Cadence Design Systems, Inc. offers software, hardware, service, and reusable integrated Circuit (IC) design blocks around the world. It offers functional verification services that include emulation as well as prototyping hardware. JasperGold is a formal verification platform. Xcelium and Palladium are parallel logic simulator platforms. Protium is a prototyping platform that allows for chip verification. It also offers digital IC design services and products. These include Genus logic synthesis, Joules RTL energy solutions and Modus software to decrease systems-on-chip-design-for-test times. The company also has physical implementation tools such as place, route, optimization and multiple patterning preparation. Signoff products are used to confirm that the design is ready for silicon fabrication. It also offers simulation and custom IC designs to help create circuit schematics and representations right down to the transistor levels for analog, mixed signal, custom digital and memory designs. The company also offers intellectual property (IP), which includes pre-verified, customizable functional blocks that can be integrated into customers' ICs. It also provides verification IP and memory model to simulate and model standard industry interface protocols. It also offers technical support and maintenance, along with services in methodology and education. It serves the 5G communication, aerospace, defense, automotive and industrial markets, as well as consumer and hyperscale computing markets. Cadence Design Systems, Inc., was founded in 1987. It is located in San Jose, California.
Earnings Per Share
As for profitability, Cadence Design Systems has a trailing twelve months EPS of $2.34.
PE Ratio
Cadence Design Systems has a trailing twelve months price to earnings ratio of 67.83. Meaning, the purchaser of the share is investing $67.83 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 30.15%.Moving Average
Cadence Design Systems's worth is below its 50-day moving average of $172.01 and under its 200-day moving average of $159.20.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 21.2% and 8.5%, respectively.Yearly Top and Bottom Value
Cadence Design Systems's stock is valued at $158.73 at 16:22 EST, way under its 52-week high of $194.97 and way higher than its 52-week low of $132.32.