(VIANEWS) - Webster Financial Corporation (WBS), Washington Trust Bancorp (WASH), Medallion Financial Corp. (MFIN) 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. Webster Financial Corporation (WBS)
51.6% sales growth and 9.11% return on equity
Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Community Banking. The Commercial Banking segment provides lending, deposit, and cash management services to middle market companies; and commercial and industrial lending and leasing, commercial real estate lending, equipment financing, and asset-based lending, as well as treasury and payment services. This segment also offers asset management, financial planning and trust services, and deposit and loan products for high net worth clients, not-for-profit organizations, and business clients. The HSA Bank segment offers health savings accounts, health reimbursement accounts, flexible spending accounts, and other financial solutions to employers for the benefit of their employees and individuals. The Community Banking segment offers deposit and fee-based services, residential mortgages, home equity lines or loans, unsecured consumer loans, and credit cards to consumers, as well as investment and securities-related services, including brokerage and investment advice through a strategic partnership with LPL Financial Holdings Inc. This segment also provides credit, deposit, and cash flow management products to businesses and professional service firms. The company also offers online and mobile banking services. As of February 12, 2021, it operated 155 banking centers and 297 ATMs. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.
Earnings per Share
Webster Financial Corporation's trailing 12 months profit per share was $3.52
PE Ratio
Webster Financial Corporation's trailing 12 months earnings to price ratio is 15.1. The purchaser of the shares is therefore investing $15.1 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 9.11%.Moving Average
Webster Financial Corporation's worth is above its 50-day moving average of $50.02 and higher than its 200-day moving average of $49.96.Sales Growth
Webster Financial Corporation has a 162% quarter-over-quarter sales increase and 51.6% in the following.
2. Washington Trust Bancorp (WASH)
28% sales growth and 15.25% return on equity
Washington Trust Bancorp, Inc. is the bank holding firm for The Washington Trust Company, Westerly, which offers a variety of financial and banking services to both individuals and businesses. It operates two sections, Commercial Banking and Wealth Management Services. Commercial Banking offers a variety of retail and commercial lending products. These include residential loans that are mortgage- and homeowner-related, as well as commercial mortgages, construction loans and commercial mortgages. Residential real estate loans includes mortgages, home equity, lines of credit and personal installment loans. Individual loans can also be secured by general aviation aircraft. The segment offers multiple deposit options, such as interest-bearing or noninterest-bearing demands deposits, NOW, savings, money market, retirement deposit accounts and time deposits. It also includes debit card, automated bank machine, phone banking, internet banking and mobile banking as well as remote deposit capture and cash management services. Wealth Management Services provides financial planning, investment management, financial planning, trustee, personal representative and custodian services; settlement of estates; as well as institutional trust service which includes custody and fiduciary. The Wealth Management Services segment is available to both personal and institution clients. It is also a licensed broker-dealer and offers variable annuities as well as college savings plans. It had 10 branches in Rhode Island, 12 in Rhode Island's greater Providence region and one in Connecticut. Washington Trust Bancorp, Inc., was established in 1800. It is located in Westerly, Rhode Island.
Earnings Per Share
As for profitability, Washington Trust Bancorp has a trailing twelve months EPS of $4.31.
PE Ratio
Washington Trust Bancorp has a trailing twelve months price to earnings ratio of 11.55. Meaning, the purchaser of the share is investing $11.55 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 15.25%.3. Medallion Financial Corp. (MFIN)
26.5% sales growth and 15.91% return on equity
Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States. It originates, acquires, and services loans that finance taxi medallions and various types of commercial businesses. The company offers consumer loans for the purchase of recreational vehicles, boats, motorcycles, and trailers, as well as to finance home improvements; commercial loans for the purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and medallion loans. It also provides debt, mezzanine, and equity investment capital to companies in various industries. In addition, the company raises deposits and conducts other banking activities. Medallion Financial Corp. was founded in 1995 and is headquartered in New York City, New York.
Earnings Per Share
As for profitability, Medallion Financial Corp. has a trailing twelve months EPS of $2.04.
PE Ratio
Medallion Financial Corp. has a trailing twelve months price to earnings ratio of 3.64. Meaning, the purchaser of the share is investing $3.64 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 15.91%.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is a negative 61.5% and a negative 23.1%, respectively.Annual Top and Bottom Value
At 15:22 EST, Medallion Financial Corp. stock was valued at $7.43. This is way lower than its 52 week high of $10.05 but higher than its low 52-week of $3.50.
Moving Average
Medallion Financial Corp. is valued at $7.03 above the 50-day average and $7.51 below its 200-day average.4. ServiceNow (NOW)
21.1% sales growth and 4.99% return on equity
ServiceNow, Inc. offers enterprise cloud computing services that define, structure, consolidate, manage, and automate service delivery for businesses worldwide. The company operates the Now platform that allows workflow automation, AI, machine learning and performance analytics. It also provides electronic service portals and catalogs. Configuration management systems, benchmarking and encryption as well collaboration and development tools. It also offers information technology (IT), service management software; IT service management products suite for customers and employees of enterprises; IT business management product product suite; IT operation management product product that connects customer's cloud-based and physical IT infrastructures; IT Asset Management product to automate IT asset lifecycles; security operations that connects with third parties and internal. It also offers governance, risk and compliance products to manage risk. It also offers App Engine and IntegrationHub, which allow you to add workflows and provide professional solutions for your industry and support services. The company serves the government, finance, healthcare, manufacturing, IT services and technology industries. To help customers find and prioritise processes suitable for automation, it has formed a partnership with Celonis. The former name of the company was Service-now.com. In May 2012, ServiceNow, Inc. became ServiceNow, Inc. Santa Clara is the headquarters of this company, which was established in 2004.
Earnings Per Share
As for profitability, ServiceNow has a trailing twelve months EPS of $0.76.
PE Ratio
ServiceNow has a trailing twelve months price to earnings ratio of 521.87. Meaning, the purchaser of the share is investing $521.87 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 4.99%.Volume
ServiceNow's current reported volume is 573985, which is 66.66% lower than its average volume (1831990).
Sales Growth
ServiceNow saw a 20% increase in sales for its current quarter, and a 21.1% rise for the next.
5. Mitek Systems (MITK)
17.1% sales growth and 3.69% return on equity
Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and browsers to facilitate online user experiences, fraud detection and reduction, and compliant transactions. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications. The company also provides Mobile Fill, an application to prefill forms with user data by snapping a picture of the driver license or other similar identity documents; Mobile Docs, a mobile document scanning solution; and MiSnap, an image capture technology. In addition, it offers CheckReader that enables financial institutions to automatically extract data from checks; XE, a recurrent neural network engine; and ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents. The company sells its solutions primarily to banks, credit unions, lenders, payments processers, card issuers, fintech companies, and others through direct sales teams and channel partners. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California.
Earnings Per Share
As for profitability, Mitek Systems has a trailing twelve months EPS of $0.15.
PE Ratio
Mitek Systems has a trailing twelve months price to earnings ratio of 70.13. Meaning, the purchaser of the share is investing $70.13 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 3.69%.Revenue Growth
Year-on-year quarterly revenue growth grew by 23.8%, now sitting on 139.79M for the twelve trailing months.
Volume
The current reported volume at Mitek Systems was 44708, which is 83.22% lower than its average volume 266534.
6. SunCoke Energy (SXC)
7% sales growth and 16.28% return on equity
SunCoke Energy, Inc. operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers. In addition, it owns and operates five cokemaking facilities in the United States and one in Brazil. SunCoke Energy, Inc. was founded in 1960 and is headquartered in Lisle, Illinois.
Earnings Per Share
As for profitability, SunCoke Energy has a trailing twelve months EPS of $0.18.
PE Ratio
SunCoke Energy has a trailing twelve months price to earnings ratio of 46.06. Meaning, the purchaser of the share is investing $46.06 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 16.28%.Revenue growth
The year-over-year growth in quarterly revenue was 37.8%. It now stands at 1.67B for twelve months.
Sales Growth
SunCoke Energy is expecting a 7% increase in sales for its next quarter.