(VIANEWS) – South State Corporation (SSB), EOG Resources (EOG), Installed Building Products (IBP) 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. South State Corporation (SSB)

30.3% sales growth and 9.46% return on equity

South State Corporation operates as the bank holding company for South State Bank that provides a range of banking services and products. The company accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, and other time deposits. It also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment loans. In addition, the company provides treasury management services, merchant services, debit card products, automated clearing house services, lock-box services, remote deposit capture services, and other treasury services. As of December 31, 2020, it served customers through 285 branches in Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. The company was formerly known as First Financial Holdings, Inc. and changed its name to South State Corporation in July 2013. South State Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

Earnings per Share

South State Corporation’s trailing 12 months profit per share is $6.23

PE Ratio

South State Corporation’s trailing 12 months earnings to price ratio is 13.86. The purchaser of the shares is therefore investing $13.86 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 9.46%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 8, 2022, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 2.32%.

Revenue growth

The year-over-year growth in quarterly revenue was 6.6%. We now have 1.51 billion for the 12 trailing months.

2. EOG Resources (EOG)

22.7% sales growth and 26.43% return on equity

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. As of December 31, 2021, it had total estimated net proved reserves of 3,747 million barrels of oil equivalent, including 1,548 million barrels (MMBbl) of crude oil and condensate reserves; 829 MMBbl of natural gas liquid reserves; and 8,222 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

Earnings per Share

EOG Resources’ trailing 12 month EPS is $-1.04.

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 26.43%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Oct 13, 2022, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 2.23%.

3. Installed Building Products (IBP)

21.8% sales growth and 41.4% return on equity

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials. The company is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical applications. In addition, it installs a range of advanced caulk and sealant products that control air infiltration in residential and commercial buildings, as well as moisture protection systems. It serves homebuilders, multi-family and commercial construction firms, individual homeowners, and repair and remodeling contractors through a network of approximately 180 branch locations. The company was formerly known as CCIB Holdco, Inc. Installed Building Products, Inc. was founded in 1977 and is headquartered in Columbus, Ohio.

Earnings Per Share

As for profitability, Installed Building Products has a trailing twelve months EPS of $3.27.

PE Ratio

Installed Building Products has a trailing twelve months price to earnings ratio of 23.65. Meaning,
the purchaser of the share is investing $23.65 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 41.4%.

4. PCB Bancorp (PCB)

14.9% sales growth and 12.74% return on equity

PCB Bancorp is the bank holding firm for Pacific City Bank. It provides a variety of banking products and services to both individuals and businesses within the small and medium market in Southern California. It offers time, demand, savings and money market deposits as well as certificates and deposit. Remote deposit capture is available, along with courier deposit services and positive pay. Zero balance accounts are also offered. The company also offers real estate loans and commercial and industrial loans. It also offers unsecured and secured lines of credit for automobiles, term loans and loans to individuals. This includes business loans such as manufacturing, wholesale, retail, and hospitality. The company also offers automated teller machines and debit cards as well as cashier’s and wire transfers, treasury management and wire transfer and automated clearinghouse services. It also provides cash management and services online, by telephone and mail. The company operates via a network that includes 11 fully-service branches located in Los Angeles, Orange, and Bayside counties in California, as well as a branch in Englewood Cliffs and Bayside in New Jersey. There are 9 loan production centers that the company operates in Irvine, Artesia and Los Angeles, California, Annandale and Virginia, Chicago, Illinois, Bellevue and Washington, Aurora and Colorado, Carrollton and Texas, as well as New York, New York. The former name of the company was Pacific City Financial Corporation. In July 2019, it changed its name from PCB Bancorp to PCB Bancorp. PCB Bancorp is located in Los Angeles and was established in 2003.

Earnings per Share

In terms of profitability, PCB Bancorp’s trailing twelve-month EPS is $2.43

PE Ratio

PCB Bancorp’s trailing 12-month price-earnings ratio is 7.62. The purchaser of the shares is therefore investing $7.62 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 12.74%.

Dividend Yield

Morningstar, Inc. has stated that the next dividend payment will be made on November 8, 2022. The forward dividend rate for 2020 is estimated at 0.6, and the forward dividend yield to 2022 is estimated at 3.25%.

Moving Average

PCB Bancorp is worth less than its $50-day moving mean of $18.86, and lower than its $200-day moving median of $20.30.

5. Lakeland Financial Corporation (LKFN)

14.3% sales growth and 16.99% return on equity

Lakeland Financial Corporation is the bank holding organization for Lake City Bank. It offers a variety of banking products and services. It accepts several deposit options, including interest bearing checking and savings. The company offers loans for commercial, industrial, multi-family residential, commercial real property, agricultural, consumer 1-4 mortgages, as well as other consumer loans. It also provides retail and merchant credit cards services, corporate treasury and wealth advisory, as well as trust services. The retail brokerage service includes various investment and financial products such annuities, life insurance, and online business banking. The company serves the following industries: commercial real estate; manufacturing; agriculture construction; retail, wholesale finance and insurance; accommodation and food service and healthcare. The company had 50 locations in 15 counties as of December 31, 2020. There were 44 offices located in northern Indiana, and six in central Indiana. Lakeland Financial Corporation was established in Warsaw in Indiana in 1872.

Earnings Per Share

As for profitability, Lakeland Financial Corporation has a trailing twelve months EPS of $3.53.

PE Ratio

Lakeland Financial Corporation has a trailing twelve months price to earnings ratio of 22.78. Meaning,
the purchaser of the share is investing $22.78 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 16.99%.

6. BlackRock TCP Capital Corp. (TCPC)

13.1% sales growth and 8.73% return on equity

BlackRock TCP Capital Corp., a business development firm, specializes in equity and debt investments in the middle-market, senior secured loan, junior loans and originated loans. It also offers mezzanine and senior debt instruments and bonds. It invests in communications services, public relations, television, wireless telecom services and apparel. The fund seeks investment in the United States. The fund invests typically between $10 million to $35 million in businesses with enterprise value between $100 million-$1500 million. The fund prefers equity investments to own a stake in the companies it invests.

Earnings per Share

BlackRock TCP Capital Corp.’s trailing 12 months EPS is $1.24.

PE Ratio

BlackRock TCP Capital Corp.’s trailing 12-month price-earnings ratio is 10.76. The purchaser of the shares is therefore investing $10.76 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 8.73%.

Sales Growth

BlackRock TCP Capital Corp. saw its sales grow by 17.9% in the most recent quarter, and 13.1% the following.

7. Socket Mobile (SCKT)

10% sales growth and 10.98% return on equity

Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. The company's products are incorporated into mobile applications used in point of sale, commercial services, asset tracking, manufacturing process and quality control, transportation and logistics, event management, medical, and education. It provides cordless data capture devices that connect over Bluetooth and work with applications running on smartphones, mobile computers, and tablets; and software developer kits to application developers to enable them to provide their users with its advanced barcode scanning features. The company's cordless data capture devices include DuraScan 700 series, including D700 1D linear imaging scanner; D730 1D laser barcode scanner; D740, D745, D750, D755, and D760 universal barcode scanners that reads all common 1D, stacked, 2D, and postal codes; and SocketScan 800 series cordless barcode scanners, including S800, a 1D linear imaging scanner, and S840 and S860 2D scanner that are attachable to smartphones, tablets, and other mobile devices. It also provides D600 contactless RFID/Near Field Communications reader writer that can read and write various types of electronic SmartTags or transfer data with near field communication; and S550, a contactless membership card reader/writer. The company offers SocketCare services program, which provides extended warranty and accidental breakage coverage for various products. It serves retail, commercial, industrial and manufacturing, transportation and logistics, healthcare, government, travel and hospitality, education, and agriculture and farming industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was incorporated in 1992 and is headquartered in Newark, California.

Earnings Per Share

As for profitability, Socket Mobile has a trailing twelve months EPS of $-0.455.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.98%.

Sales Growth

Socket Mobile has a negative sales growth of 1% in the current quarter, and 10% the following quarter.

Moving Average

Socket Mobile is worth less than its moving average for 50 days of $2.15, and much lower than its moving average for 200 days of $3.08.

Growth Estimates Quarters

For the current quarter, the company expects a decline of 63.6% in growth and a rise of 50% the following.

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