(VIANEWS) – OceanFirst Financial Corp. (OCFC), Itau Unibanco (ITUB), RBB Bancorp (RBB) 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?
31.1% sales growth and 7.64% return on equity
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.
Earnings Per Share
As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $1.27.
OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 18.55. Meaning,
the purchaser of the share is investing $18.55 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 7.64%.
Yearly Top and Bottom Value
OceanFirst Financial Corp.’s stock is valued at $23.65 at 05:22 EST, below its 52-week high of $24.25 and way above its 52-week low of $18.24.
As stated by 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 3.72%.
OceanFirst Financial Corp. is worth more than its moving average for 50 days of $20.40, and much higher than that of its moving average for 200 days of $20.34.
Today’s last reported volume for OceanFirst Financial Corp. is 275411 which is 7.2% above its average volume of 256912.
16.8% sales growth and 17.46% return on equity
Itau Unibanco Holding S.A. provides a variety of financial services and products to both individuals and corporations in Brazil as well as internationally. It operates in three main segments, Retail Banking, Wholesale Banking and Activities with Market and Corporation. The company offers a variety of deposit products as well as loans, credit cards and investment and commercial banking services. It also provides financing and investment services. It also offers property and casualty products that cover loss, damage or liabilities to assets and persons. The company serves account holders and those who do not have accounts, as well as individuals, legal entities, clients with high incomes, small businesses, and microenterprises. Itau Unibanco Banco Multiplo S.A. was the company’s previous name. In April 2009, it changed its name from Itau Unibanco Holding S.A. It was founded in 1924. The company is located in Sao Paulo in Brazil. Itau Unibanco Holding S.A., a subsidiary IUPAR – Itau Unibanco Participacoes S.A.
Earnings per Share
Itau Unibanco’s trailing 12 months earnings per share (EPS) is $0.354.
Itau Unibanco’s trailing 12-month price-earnings ratio is 13.73. The purchaser of the shares is therefore investing $13.73 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 business, was 17.46%.
Year-on-year quarterly revenue growth declined by 5.6%, now sitting on 112.4B for the twelve trailing months.
Today’s last reported volume for Itau Unibanco is 22095200 which is 52.55% below its average volume of 46571900.
Morningstar, Inc. has stated that the next dividend payment will be on October 2, 2022. The forward dividend rate for 2020 is 0.15, and the forward dividend yield of 2.79%.
Itau Unibanco’s worth is way below its 50-day moving average of $5.41 and below its 200-day moving average of $5.06.
16.7% sales growth and 13.46% return on equity
RBB Bancorp is the bank holding firm for Royal Business Bank. It provides various banking services and products to Asian-Americans, including those from the Chinese, Korean, and Japanese-American communities. Deposit products offered by RBB Bancorp include certificates of deposit, checking and savings accounts as well as money market and money market accounts. It also provides commercial and industrial credit lines as well as term loans and mortgage warehouse lines. International trade discounts are available. Commercial real estate loans can be obtained. Residential, commercial, land acquisition, development, small-business administration loans and residential mortgage loans may also be offered. It also offers international letters of credit and SWIFT, foreign advisory, trade discount and foreign exchange services. Remote deposit, ebanking and mobile banking are other services. It offers products and services to individual, business, municipal, and other entities. It had 23 branches operating in California’s West region, including branches in Orange County and California, Ventura County and California, Clark County and Nevada, Honolulu and Honolulu. There were also branches located in New York, New York, Chicago and Illinois. RBB Bancorp, which was established in Los Angeles in 2008, is located in California.
Earnings per Share
RBB Bancorp’s trailing 12 months earnings per share (EPS) is $3.2.
RBB Bancorp’s trailing 12-month price-to-earnings ratio is 7.01. The purchaser of the shares is therefore investing $7.01 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 13.46%.
Yearly Top and Bottom Value
RBB Bancorp’s stock is valued at $22.44 at 05:23 EST, way below its 52-week high of $29.08 and way above its 52-week low of $19.50.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 12.3% and 16.2%, respectively.
Today’s last reported volume for RBB Bancorp is 28186 which is 11.42% below its average volume of 31820.
RBB Bancorp’s worth is above its 50-day moving average of $21.51 and above its 200-day moving average of $22.35.
11.1% sales growth and 50.71% return on equity
Union Pacific Corporation operates the United States railroad industry through Union Pacific Railroad Company. It provides transportation services for grain, grain products and fertilizers as well as food and frozen products. Its rail network had 32,452 miles linking Pacific Coast and Gulf Coast ports to the Midwest and Eastern United States gateways as of December 31, 2021. It was established in Omaha, Nebraska in 1862.
Earnings Per Share
As for profitability, Union Pacific Corporation has a trailing twelve months EPS of $7.73.
Union Pacific Corporation has a trailing twelve months price to earnings ratio of 27.61. Meaning,
the purchaser of the share is investing $27.61 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 50.71%.
The year-on-year revenue growth was 13.9%. Now, the figure is 23.43B.
Annual Top and Bottom Value
Union Pacific Corporation stock was valued at $213.33 at 5:23 EST at the time of writing. This is way lower than its 52 week high of $278.94, and much higher than its 52 week low of $183.70.
Morningstar, Inc. has stated that the next dividend payment will be on Aug 29th 2022. The forward dividend rate for the year is estimated at 5.2, and the forward dividend yield to be 2.29%.
9.7% sales growth and 35.49% return on equity
Valero Energy Corporation produces, markets and sells transportation fuels in the United States and Canada. It also exports petrochemical products internationally. It operates in three main segments, Refining and Renewable Diesel. The company produces gasoline in three segments: conventional, premium and reformulated gasolines. It also makes diesel fuels and ultra-low and high-sulfur diesel fuels. CARB diesel is another distillate. Blendstocks are available. The company had 15 refineries that could produce approximately 3.2 million barrels of petroleum per day and 12 ethanol plants capable of producing approximately 1.6billion gallons of ethanol per annum. The company sells refined products via bulk and wholesale markets, as well as through more than 7,000 retail outlets that are licensed under the Texaco, Valero and Beacon brands. It also sells syrup, ethanol, dried distiller grains and syrup to animal feed customers. It also owns and manages crude oil and refined petroleum product pipelines, terminals tanks, tank, marine docks truck rack bays and other logistic assets. Additionally, the company owns and runs a plant which processes animal fats, cooking oils and inedible corn oils to make renewable diesel. The former name of the company was Valero Refining and Marketing Company. In August 1997, Valero Energy Corporation took over its operations. Valero Energy Corporation was established in 1980. It is located in San Antonio Texas.
Earnings Per Share
As for profitability, Valero Energy has a trailing twelve months EPS of $-0.69.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 35.49%.
Valero Energy’s sales growth for the next quarter is 9.7%.
Today’s last reported volume for Valero Energy is 959048 which is 75.65% below its average volume of 3940080.
9.5% sales growth and 18.31% return on equity
KKR & Co. Inc. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments. The firm considers investments in all industries with a focus on software, security, semiconductors, consumer electronics, internet of things (iot), internet, information services, information technology infrastructure, financial technology, network and cyber security architecture, engineering and operations, content, technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy. In energy and infrastructure, it focuses on the upstream oil and gas and equipment, minerals and royalties and services verticals. In real estate, the firm seeks to invest in private and public real estate securities including property-level equity, debt and special situations transactions and businesses with significant real estate holdings, and oil and natural gas properties. The firm also invests in asset services sector that encompasses a broad array of B2B, B2C and B2G services verticals including asset-based, transport, logistics, leisure/hospitality, resource and utility support, infra-like, mission-critical, and environmental services. Within Americas, the firm prefers to invest in consumer products; chemicals, metals and mining; energy and natural resources; financial services; healthcare; industrials; media and communications; retail; and technology. Within Europe, the firm invests in consumer and retail; energy; financial services; health care; industrials and chemicals; media and digital; and telecom and technologies. Within Asia, it invests in consumer products; energy and resources; financial services; healthcare; industrials; logistics; media and telecom; retail; real estate; and technology. It also seeks to make impact investments focused on identifying and investing behind businesses with positive social or environmental impact. The firm seeks to invest in mid to high-end residential developments, but can invest in other projects throughout Mainland China through outright ownership, joint ventures, and merger. It invests globally with a focus on Australia, emerging and developed Asia, Middle East and Africa, Nordic, Southeast Asia, Asia Pacific, Ireland, Hong Kong, Japan, Taiwan, India, Vietnam, Malaysia, Singapore, Indonesia, France, Germany, Netherlands, United Kingdom, Caribbean, Mexico, South America, North America, Brazil, Latin America, Korea with a focus on South Korea, and United States of America. In the United States and Europe, the firm focuses on buyouts of large, publicly traded companies. It seeks to invest $30 million to $717 million in companies with enterprise values between $500 million to $2389 million. The firm prefers to invest in a range of debt and public equity investing and may co-invest. It seeks a board seat in its portfolio companies and a controlling ownership of a company or a strategic minority positions. The firm may acquire majority and minority equity interests, particularly when making private equity investments in Asia or sponsoring investments as part of a large investor consortium. The firm typically holds its investment for a period of five to seven years and more and exits through initial public offerings, secondary offerings, and sales to strategic buyers. KKR & Co. Inc. was founded in 1976 and is based in New York, New York with additional offices across North America, Europe, Australia, Sweden and Asia.
Earnings per Share
KKR & Co.’s trailing 12 months EPS is $3.37.
KKR & Co.’s trailing 12-month price-earnings ratio is 15.37. The purchaser of the shares is therefore investing $15.37 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 18.31%.
Today’s last reported volume for KKR & Co. is 783354 which is 77.18% below its average volume of 3433610.
As claimed by Morningstar, Inc., the next dividend payment is on May 12, 2022, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 1.12%.
KKR & Co.’s sales growth for the next quarter is 9.5%.
7.2% sales growth and 24.01% return on equity
Myers Industries, Inc. manufactures and sells polymer products for industrial, agricultural, automotive, commercial, and consumer markets in the United States and internationally. It operates through two segments, Material Handling and Distribution. The Material Handling segment designs, manufactures, and markets various plastic and metal products, including plastic reusable material handling containers and small parts storage bins, plastic recreational vehicle tanks and parts, marine tanks and parts, portable plastic fuel tanks and water containers, portable marine fuel containers, ammunition containers, storage totes, bulk shipping containers, and metal carts and cabinets. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational vehicles, marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer, and other markets under the Buckhorn, Akro-Mils, Jamco, Ameri-Kart, and Scepter brands directly, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and undervehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as highway marking tapes. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire retreaders, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.
Earnings Per Share
As for profitability, Myers Industries has a trailing twelve months EPS of $1.48.
Myers Industries has a trailing twelve months price to earnings ratio of 15.2. Meaning,
the purchaser of the share is investing $15.2 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 24.01%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Myers Industries’s EBITDA is 1.05.
6.8% sales growth and 17.16% return on equity
ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, light- and heavy-duty commercial and military vehicles, buses, and rail. The Industrial Process segment designs and manufactures industrial pumps, valves, and plant optimization systems; and centrifugal process pumps, twin screw, axials, and positive displacement pumps, and water systems, as well as aftermarket solutions, such as repairs and upgrades services. It serves various customers in industries, such as chemical, oil and gas, mining, and other industrial process markets. The Connect & Control Technologies segment designs and manufactures a range of engineered connectors and specialized control components for critical applications supporting various markets, including aerospace and defense, industrial, transportation, medical, and oil and gas. The connector product portfolio includes electrical connectors, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniature, and cable assemblies; and control products consist of fuel and water pumps, valves, electro-mechanical rotary and linear actuators, and pressure, temperature, limit, and flow switches for various aircraft systems. ITT Inc. was founded in 1920 and is headquartered in White Plains, New York.
Earnings Per Share
As for profitability, ITT Corporation has a trailing twelve months EPS of $4.21.
ITT Corporation has a trailing twelve months price to earnings ratio of 19.88. Meaning,
the purchaser of the share is investing $19.88 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 17.16%.
Morningstar, Inc. claims that the next dividend payment will be on November 29, 2022. The forward dividend rate and yield are estimated to be 1.06 and 1.25%, respectively.
ITT Corporation’s sales growth is 11.8% for the ongoing quarter and 6.8% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ITT Corporation’s EBITDA is 2.44.