(VIANEWS) - OceanFirst Financial Corp. (OCFC), Atlanticus Holdings Corporation (ATLC), Gentex Corporation (GNTX) 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 and overdrafts, as well as loans on savings and loans. 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%.Volume
Today's last reported volume for OceanFirst Financial Corp. is 61880 which is 70.88% below its average volume of 212528.
Moving Average
OceanFirst Financial Corp.'s worth is under its 50-day moving average of $20.11 and below its 200-day moving average of $20.52.2. Atlanticus Holdings Corporation (ATLC)
33% sales growth and 44.71% return on equity
Atlanticus Holdings Corporation offers credit, and other financial products and services to American customers. The company operates two sections, Credit and Other Investments and Auto Finance. Credit and Other Investments is able to originate a variety of consumer loans, including private label and general-purpose credit cards. These are originated through lenders via various channels including direct mail solicitation and retail point-of sale. Credit and Other Investments also offers credit to customers who purchase various products and services such as furniture, electronics, medical services and education. The segment invests in credit card receivables and provides services to them. It also offers service such as loan servicing and risk management for customers. Auto Finance purchases or services automobile loans that are secured by vehicles from or for pre-qualified networks of independent dealers and finance companies involved in the used, buy-here and pay-here car businesses. The segment offers installment loans and floor plan financing. Atlanticus Holdings Corporation was previously known as CompuCredit Holdings Corporation. It changed its name in November 2012 to Atlanticus Holdings Corporation. Atlanticus Holdings Corporation is located in Atlanta, Georgia. It was established in 1996.
Earnings Per Share
As for profitability, Atlanticus Holdings Corporation has a trailing twelve months EPS of $7.57.
PE Ratio
Atlanticus Holdings Corporation has a trailing twelve months price to earnings ratio of 3.51. Meaning, the purchaser of the share is investing $3.51 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 44.71%.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is a negative 52.1% and a negative 44.1%, respectively.Yearly Top and Bottom Value
Atlanticus Holdings Corporation's stock is valued at $26.54 at 11:22 EST, way under its 52-week high of $91.98 and higher than its 52-week low of $24.33.
Moving Average
Atlanticus Holdings Corporation's value is way under its 50-day moving average of $32.95 and way under its 200-day moving average of $46.05.Revenue Growth
Year-on-year quarterly revenue growth grew by 8.6%, now sitting on 450.36M for the twelve trailing months.
3. Gentex Corporation (GNTX)
20.1% sales growth and 16.44% return on equity
Gentex Corporation develops, produces, markets and sells digital vision, connected cars, dimmable glasses, fire protection products and other related services in the United States and abroad. The company operates in two segments: Automotive Products and Other. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. Variable dimmable windows are also offered to airline operators and aircraft manufacturers. The company also offers photoelectric smoke detectors as alarms as well as electrochemical carbon monoxide detectors as alarms. It can also provide audible or visual signaling alarms as well as bells and speakers for fire detection in commercial buildings such as hotels and office buildings. It sells fire protection products direct, through its sales representatives and managers, to distributors of security and fire protection product, electric wholesale houses and manufacturers of original equipment for fire protection systems. Gentex Corporation was founded in 1974. It is located in Zeeland in Michigan.
Earnings Per Share
As for profitability, Gentex Corporation has a trailing twelve months EPS of $1.51.
PE Ratio
Gentex Corporation has a trailing twelve months price to earnings ratio of 16.56. Meaning, the purchaser of the share is investing $16.56 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 16.44%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 28.1% and 20%, respectively.4. First BanCorp. New (FBP)
15.6% sales growth and 16.3% return on equity
First BanCorp. First BanCorp is the bank holding firm for FirstBank Puerto Rico. It provides financial services and products to institutional, retail and commercial clients. It operates six divisions: Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail); Banking, Treasury and Investments; United States Operations and Virgin Islands Operations. Commercial and Corporate Banking offers construction and commercial real estate loans as well floor plans financing. It also provides cash and management services. Mortgage Banking is responsible for the sale and servicing various residential mortgage products, as well as hedging activities. It also acquires and sells mortgages on secondary markets. The Consumer (Retail Banking) segment offers auto, boat and personal loans, credit cards, lines of credit, deposit products that include interest-bearing and noninterest bearing savings and checking accounts, individual retirement accounts and retail certificates. It also provides finance leasing, insurance and services. The Treasury and Investments section is involved in treasury and investments management activities such as liquidity and funding. United States Operations offers checking, savings and money market accounts as well retail CDs and residential mortgages. Home equity loans and lines of credit are also available. Internet banking is offered as well. Virgin Islands Operations is engaged in deposit-taking, commercial lending and consumer lending. The company had 46 branches in Puerto Rico and 11 in the U.S Virgin Islands and British Virgin Islands. It also has 10 Florida branches. First BanCorp. It was established in 1948. The headquarters are in Santurce (Puerto Rico).
Earnings Per Share
As for profitability, First BanCorp. New has a trailing twelve months EPS of $1.51.
PE Ratio
First BanCorp. New has a trailing twelve months price to earnings ratio of 10.03. Meaning, the purchaser of the share is investing $10.03 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 16.3%.5. First Northwest Bancorp (FNWB)
7.4% sales growth and 7.38% return on equity
First Northwest Bancorp is a bank holding firm for First Federal Savings and Loan Association of Port Angeles. It provides consumer and commercial banking services to people, businesses and non-profit organizations throughout western Washington. You can deposit with it checking, money-market deposit, savings and transaction accounts as well as certificates. It also offers one-to four-family residential mortgage loans as well as commercial and multifamily real estate loans. Construction and land loans are available, along with commercial business loans. Consumer loans consist mainly of auto loans as well as home equity loans and credit lines. The company has ten branches that offer full service and one lending centre in Seattle. It was established in Port Angeles in Washington in 1923.
Earnings Per Share
As for profitability, First Northwest Bancorp has a trailing twelve months EPS of $1.36.
PE Ratio
First Northwest Bancorp has a trailing twelve months price to earnings ratio of 11.62. Meaning, the purchaser of the share is investing $11.62 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 7.38%.