(VIANEWS) - Old National Bancorp (ONB), Mosaic Company (MOS), Hamilton Lane Incorporated (HLNE) 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. Old National Bancorp (ONB)
60% sales growth and 7.11% return on equity
Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, health savings, and capital markets services, as well as community development lending and equity investment solutions. As of December 31, 2021, it operated a total of 162 banking centers located primarily in the states of Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.
Earnings Per Share
As for profitability, Old National Bancorp has a trailing twelve months EPS of $1.75.
PE Ratio
Old National Bancorp has a trailing twelve months price to earnings ratio of 10.19. Meaning, the purchaser of the share is investing $10.19 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 7.11%.Dividend Yield
According to Morningstar, Inc., there will be a next dividend payment on August 30, 2022. The forward dividend rate for 2020 is 0.56, and the forward dividend yield of 2.94%.
Moving Average
Old National Bancorp's value is under its 50-day moving average of $18.51 and above its 200-day moving average of $16.84.Annual Top and Bottom Value
Old National Bancorp stock was valued at $17.87 as of 10:22 EST. This is way below its 52 week high of $20.81, and far above its 52 week low of $14.22.
Revenue growth
The year-over-year revenue growth was 112%. It now stands at 1.25B in the 12 trailing months.
2. Mosaic Company (MOS)
34% sales growth and 29.14% return on equity
Through its subsidiaries, the Mosaic Company produces and sells concentrated phosphate as well as potash crop nutrients throughout North America. It operates in three main segments, Phosphates and Potash. The company owns and manages mines that produce concentrated phosphate crops nutrients such as monoammonium and diammonium-phosphate and ammoniated-phosphate products. It also produces phosphate-based pet feed ingredients under both the Biofos or Nexfos brands. K-Mag is a brand which makes a double-sulfate potash magnesia product. It also makes and sells potash, which is used in the manufacture of mixed crop nutrients, animal feed ingredients and industrial uses. It also provides nitrogen-based crop nutrients, animal feed ingredients and other services. The company also purchases and sells potash, phosphates and other nitrogen products. It sells products to national accounts, wholesale distributors and retail chains. Mosaic Company, which was founded in 2004, is located in Tampa, Florida.
Earnings Per Share
As for profitability, Mosaic Company has a trailing twelve months EPS of $2.69.
PE Ratio
Mosaic Company has a trailing twelve months price to earnings ratio of 16.57. Meaning, the purchaser of the share is investing $16.57 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 29.14%.Yearly Top and Bottom Value
Mosaic Company's stock is valued at $44.60 at 10:23 EST, way below its 52-week high of $79.28 and way higher than its 52-week low of $37.08.
Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be made on November 29, 2022. The forward dividend rate for the year is estimated at 0.6, and the forward dividend yield to be 1.12%.
3. Hamilton Lane Incorporated (HLNE)
21.6% sales growth and 31.27% return on equity
Hamilton Lane Incorporated, an investment company, specializes in fund-of-fund investments. The company offers the following services: Separate accounts that are customized to every client; specialized strategies (funds-of-funds and secondaries, coinvestments, Taft-hartley distribution management), advisory relationships (including due diligence and strategic portfolio planning, monitoring, and reporting services); as well as reporting and analytics. The firm makes direct investments in mature, early and mid-stage companies as well as in growth equity and emerging growth. It also invests in distressed debt. Later stage turnarounds and bridge funding, mezzanine and middle market buyouts. It invests in fund of funds investments. This includes mezzanine and venture capital, private investment, secondary investments as well as real estate. It invests in real property investments. The firm also invests in healthcare, education and natural resources. It is also involved with financial empowerment and cleantech. The firm invests in the private equity markets of North America, Latin America and United States. It also has investments in Western Europe, Asia, Japan, Australia, Middle East, Africa, United Kingdom and Asia. It prefers to invest between $1 million and $100 million in companies. The firm prefers to own a majority of companies. Hamilton Lane Incorporated, which was established in 1991, is located in Philadelphia, Pennsylvania. It also has additional offices in Europe, North America and Asia.
Earnings Per Share
As for profitability, Hamilton Lane Incorporated has a trailing twelve months EPS of $3.67.
PE Ratio
Hamilton Lane Incorporated has a trailing twelve months price to earnings ratio of 17.87. Meaning, the purchaser of the share is investing $17.87 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 31.27%.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 13, 2022, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 2.44%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Hamilton Lane Incorporated's EBITDA is 32.08.
Moving Average
Hamilton Lane Incorporated's value is under its 50-day moving average of $68.47 and below its 200-day moving average of $68.93.4. Quanex Building Products Corporation (NX)
13.2% sales growth and 19.77% return on equity
Quanex Building Products Corporation and its subsidiaries provide components for the global fenestration market. The company operates in three main segments, North American Fenestration and European Fenestration. Flexible insulating glass spacers and extruded vinyl profile, window and doors screens and precision-formed metals and wood products are all available from the company. They also offer cabinet doors and various components for original equipment makers (OEMs), in both the bathroom and kitchen cabinet industries. The company also offers a variety of non-fenestration products and components, such as vinyl decking, fence, water retention barriers and trim moldings. It sells products to OEMs within the building product industry via sales reps, direct sales force and distributors as well as independent sales agents. Quanex Building Products Corporation was established in Houston, Texas in 1927.
Earnings per Share
Quanex Building Products Corporation's trailing 12 months EPS is $1.41.
PE Ratio
Quanex Building Products Corporation's trailing 12 months earnings to price ratio is 16.65. The purchaser of the shares is investing $16.65 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 19.77%.