(VIANEWS) - Old National Bancorp (ONB), OceanFirst Financial Corp. (OCFC), Agree Realty Corporation (ADC) 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
Old National Bancorp's trailing twelve-month EPS is $1.14.
PE Ratio
The trailing 12-month price-earnings ratio for Old National Bancorp is 17.36. The purchaser of the shares is therefore investing $17.36 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is used to measure the profitability of a company relative to shareholders' equity, was 7.11%.Revenue Growth
Year-on-year quarterly revenue growth grew by 112%, now sitting on 1.25B for the twelve trailing months.
Sales Growth
Old National Bancorp has seen a 141.7% increase in sales for its current quarter, and a 60% rise for the next.
Dividend Yield
According to Morningstar, Inc., there will be a next dividend payment on November 29, 2022. The forward dividend rate for 2020 is 0.56, and the forward dividend yield of 2.87%.
2. OceanFirst Financial Corp. (OCFC)
31.1% sales growth and 7.64% 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
OceanFirst Financial Corp.'s trailing 12 months EPS is $1.27.
PE Ratio
OceanFirst Financial Corp.'s trailing 12-month price-to-earnings ratio is 18.55. The purchaser of the shares is therefore investing $18.55 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 7.64%.3. Agree Realty Corporation (ADC)
22.2% sales growth and 3.98% return on equity
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of June 30, 2020, the Company owned and operated a portfolio of 936 properties, located in 46 states and containing approximately 18.4 million square feet of gross leasable area. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol "ADC".
Earnings per Share
Agree Realty Corporation's trailing 12 months profit per share was $1.74
PE Ratio
Agree Realty Corporation's trailing 12-month price-to-earnings ratio is 39.39. The purchaser of the shares is therefore investing $39.39 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 3.98%.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 27, 2022, the estimated forward annual dividend rate is 2.81 and the estimated forward annual dividend yield is 3.53%.
Growth Estimates Quarters
For the current quarter, the company expects to grow by 32.4% while it will see a decline of 13.5% in the following.Annual Top and Bottom Value
At 05:22 EST Agree Realty Corporation stock was valued at $68.53, which is way lower than its 52 week high of $80.44 but much higher than its 52 week low of $61.62.
Moving Average
Agree Realty Corporation's worth is below its 50-day moving average of $70.29 and below its 200-day moving average of $69.51.4. PBF Energy (PBF)
19.4% sales growth and 69.62% return on equity
PBF Energy Inc. and its affiliates are involved in the refining, supplying, and marketing of petroleum products. It operates two business segments: Logistics and Refining. The company produces ultra-low sulfur diesel, gasoline, fuel oil, fuel oils, jet fuel, heating oil and lubricants. It also makes unbranded transport fuels, feedstocks for petrochemical companies, blending parts, and other petroleum products. It sells products throughout the United States: Northeast, Midwest Gulf Coast, West Coast and West Coast. The company also provides various services such as rail, truck and marine terminaling, along with pipeline transport and storage. Five oil refineries are owned and operated by the company. PBF Energy Inc. was established in Parsippany (New Jersey) in 2008.
Earnings Per Share
As for profitability, PBF Energy has a trailing twelve months EPS of $19.39.
PE Ratio
PBF Energy has a trailing twelve months price to earnings ratio of 2.37. Meaning, the purchaser of the share is investing $2.37 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 69.62%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 292.2% and 48.0% respectively.Dividend Yield
Morningstar, Inc. has stated that the next dividend payment will be on November 9, 2022. The forward dividend rate for 2020 is estimated at 0.8, and the forward dividend yield at 1.72%.
Moving Average
PBF Energy's value is way higher than its 50-day moving average of $37.37 and way higher than its 200-day moving average of $29.93.5. DXP Enterprises (DXPE)
18% sales growth and 9.51% return on equity
DXP Enterprises, Inc., along with its affiliates, specializes in the distribution of maintenance, repair, operating (MRO), products, equipment, services, and other goods to industrial and energy customers, primarily the United States and Canada. The company operates in three distinct segments, namely Service Centers (SC), Supply Chain Services(SCS), or Innovative Pumping Solutionss (IPS). MRO products and equipment are offered by the SC segment. The integrated services include technical assistance and logistic services. This segment offers MRO products for the following categories: bearings, power transmissions, hoses, fluid power and metal working. Customers in this segment include the oil and natural gas, food, beverage, transport, general industrial, construction, chemical and municipal industries, as well as those involved with pulp and paper. SCS manages inventory and procurement management. It also offers MRO outsourcing solutions to sourcing MRO products. This includes inventory optimization and management and storeroom management. Transaction consolidation and control is available. Vendor oversight, procurement cost optimization, productivity improvements, custom reporting and vendor oversight are all part of the SCS segment. SmartAgreement is a solution to various MRO category procurement problems; SmartBuy is an on-site MRO procurement system; SmartSource provides on-site MRO procurement solutions; SmartStore offers an e-Catalog solution, SmartStore has an e-Catalog option; SmartVend offers an industrial dispensing service; SmartServ is an integrated pump service solution. The IPS segment manufactures private-label pumps and assembles customized pump packaging. Houston is the home of this company, which was established in 1908.
Earnings per Share
DXP Enterprises' trailing twelve-month EPS is $1.82.
PE Ratio
DXP Enterprises' trailing 12-month price-to-earnings ratio is 16.54. The purchaser of the shares is investing $16.54 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 9.51%.6. MEDIFAST (MED)
16% sales growth and 84.29% return on equity
Medifast, Inc., via its subsidiaries, produces and distributes healthy eating products and weight management products. You can find bars, snacks, muffins and pretzels as well as oatmeal, cereal crunch, breakfast and dessert options. It markets products via direct ecommerce platforms and through franchise weight control centers channels. Medifast, Inc., was established in 1980 in Baltimore, Maryland.
Earnings Per Share
As for profitability, MEDIFAST has a trailing twelve months EPS of $8.68.
PE Ratio
MEDIFAST has a trailing twelve months price to earnings ratio of 12.4. Meaning, the purchaser of the share is investing $12.4 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 84.29%.Growth Estimates Quarters
The company's growth estimates for the current quarter is a negative 18.4% and positive 21.6% for the next.Moving Average
MEDIFAST's value is under its 50-day moving average of $117.76 and way below its 200-day moving average of $161.20.Dividend Yield
Morningstar, Inc. has stated that the next dividend payment will be on Jun 26, 2022. The forward dividend rate for the year is estimated at 6.56, and the forward dividend yield of 3.9%.
Volume
Today's last reported volume for MEDIFAST is 380386 which is 115.71% above its average volume of 176340.
7. Church & Dwight Company (CHD)
10.3% sales growth and 22.51% return on equity
Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products. It operates through three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and replacement showerheads under the WATERPIK brand; FLAWLESS products; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand. Its specialty products include animal productivity products, such as MEGALAC rumen bypass fat, a supplement that enables cows to maintain energy levels during the period of high milk production; BIO-CHLOR and FERMENTEN, which are used to reduce health issues associated with calving, as well as provides needed protein; and CELMANAX refined functional carbohydrate, a yeast-based prebiotic. The company offers sodium bicarbonate; and cleaning and deodorizing products. It sells its consumer products through supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience stores, home stores, dollar and other discount stores, pet and other specialty stores, and websites and other e-commerce channels; and specialty products to industrial customers and livestock producers through distributors. The company was founded in 1846 and is headquartered in Ewing, New Jersey.
Earnings Per Share
As for profitability, Church & Dwight Company has a trailing twelve months EPS of $3.08.
PE Ratio
Church & Dwight Company has a trailing twelve months price to earnings ratio of 24.24. Meaning, the purchaser of the share is investing $24.24 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 22.51%.Growth Estimates Quarters
The company's growth estimates for the current quarter is a negative 5.3% and positive 7.5% for the next.8. Huntington Ingalls Industries (HII)
5.3% sales growth and 23.31% return on equity
Huntington Ingalls Industries, Inc. engages in the designing, building, overhauling, and repairing military ships in the United States. It operates through three segments: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships that include deck amphibious ships and transport dock ships; surface combatants; and national security cutters for the U.S. Navy and U.S. Coast Guard. It also provides nuclear-powered ships, such as aircraft carriers and submarines, as well as refueling and overhaul, and inactivation services. In addition, the company offers naval nuclear support services, including fleet services comprising design, construction, maintenance, and disposal activities for in service U.S. Navy nuclear ships; and maintenance services on nuclear reactor prototypes. Further, it provides fleet support services comprising technical and waterfront ship services; naval architecture and marine engineering; integrated logistics support; technical documentation development; warehousing, asset management, and material readiness; operational and maintenance training development and delivery; software design and development; IT infrastructure support, and data delivery and management; and cyber security and information assurance services, as well as undersea vehicle and specialized craft development and prototyping services. Additionally, the company offers information technology and integrated missions solutions services; nuclear and environmental services; engineering, procurement, and construction management services to the oil and gas industry; and nuclear management and operations, and environmental management services to the Department of Energy, Department of Defense, state and local governments, and the private sector. Huntington Ingalls Industries, Inc. was founded in 1886 and is headquartered in Newport News, Virginia.
Earnings Per Share
As for profitability, Huntington Ingalls Industries has a trailing twelve months EPS of $14.56.
PE Ratio
Huntington Ingalls Industries has a trailing twelve months price to earnings ratio of 16.78. Meaning, the purchaser of the share is investing $16.78 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 23.31%.