(VIANEWS) - Webster Financial Corporation (WBS), Enphase Energy (ENPH), First Savings Financial Group (FSFG) 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)
52.2% 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
As for profitability, Webster Financial Corporation has a trailing twelve months EPS of $3.52.
PE Ratio
Webster Financial Corporation has a trailing twelve months price to earnings ratio of 13.64. Meaning, the purchaser of the share is investing $13.64 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 9.11%.Annual Top and Bottom Value
Webster Financial Corporation stock was valued at $48.01 as of 10:22 EST. This is way lower than the 52-week high at $64.90, and much higher than its low 52-week of $40.72.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 26.7% and 31.5%, respectively.Revenue Growth
Year-on-year quarterly revenue growth grew by 105.5%, now sitting on 1.86B for the twelve trailing months.
2. Enphase Energy (ENPH)
52% sales growth and 47.1% return on equity
Enphase Energy, Inc., along with its subsidiaries, design, develop, manufacture, and market home energy solutions to the solar photovoltaic sector in the United States. It offers a semiconductor-based microinverter that converts solar energy to individual modules. The software is combined with proprietary networking and software technology to offer energy control and monitoring services. The company also sells AC battery storage, Envoy communication gateway and Enlighten cloud-based monitor service. It sells solutions directly to homeowners and solar distributors. Enphase Energy, Inc., was founded in 2006 in Fremont, California.
Earnings per Share
Enphase Energy's trailing twelve-month EPS is $0.67.
PE Ratio
Enphase Energy's trailing 12-month price-earnings ratio is 328.01 The purchaser of the shares is therefore investing $328.01 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 47.1%.Sales Growth
Enphase Energy has a sales increase of 68.4% in the current quarter, and 52% the following.
Volume
Enphase Energy's current reported volume is 1029760, which is 7.06% lower than its average volume (3822890).
Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is 68.5% and 38%, respectively.Yearly Top and Bottom Value
Enphase Energy's stock is valued at $220.75 at 10:22 EST, way below its 52-week high of $339.92 and way higher than its 52-week low of $113.40.
3. First Savings Financial Group (FSFG)
37.2% sales growth and 9.88% return on equity
First Savings Financial Group, Inc. operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits. The company also provides loans, including one-to four-family residential real estate, commercial real estate, construction, land and land development, multi-family real estate, and commercial business loans, as well as consumer loans, such as automobile loans, home equity lines of credit, unsecured loans, and loans secured by deposits. In addition, it is involved in the mortgage banking; investment activities; and the provision of property and casualty insurance products, and reinsurance to other third-party insurance captives. The company operates 15 branches. First Savings Financial Group, Inc. was incorporated in 2008 and is based in Jeffersonville, Indiana.
Earnings Per Share
As for profitability, First Savings Financial Group has a trailing twelve months EPS of $2.3.
PE Ratio
First Savings Financial Group has a trailing twelve months price to earnings ratio of 8.96. Meaning, the purchaser of the share is investing $8.96 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 9.88%.Dividend Yield
According to Morningstar, Inc., December 14, 2022 will be the next distribution. The forward dividend rate for 2020 is 0.52, and the forward dividend yield of 2.52% is 2.52.
4. Targa Resources (TRGP)
34.5% sales growth and 16.97% return on equity
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, purchasing, storing, terminaling, and selling crude oil. It is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. It operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, the company leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Targa Resources has a trailing twelve months EPS of $-7.26.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 16.97%.5. Sun Communities (SUI)
30.7% sales growth and 3.73% return on equity
Sun Communities, Inc. is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in 39 states, Canada, Puerto Rico and the UK.
Earnings per Share
Sun Communities' trailing 12 month EPS is $1.69.
PE Ratio
Sun Communities' trailing 12-month price-earnings ratio is 87.58. The purchaser of the shares is therefore investing $87.58 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 3.73%.Moving Average
Sun Communities' value is higher than its moving average over 50 days of $143.12 but lower than its moving average over 200 days of $153.31.Sales Growth
Sun Communities sales growth was 22.6% in the current quarter, and 30.7% the following.
Revenue growth
The year-over-year growth in quarterly revenue was 36.6%. We now have 2.81B dollars for the 12 trailing months.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 9.1% and 2500%, respectively.6. Washington Federal (WAFD)
24.5% sales growth and 11.87% return on equity
Washington Federal, Inc. is the bank holding firm for Washington Federal Bank, National Association. It provides banking services throughout the United States, including insurance, lending, deposit, and depository. It accepts deposits, such as personal and business checking accounts as well as term certificates of deposit. Money market accounts as well as passbook savings and money market accounts are also accepted. The company also offers single-family residential and construction, land acquisition, development, consumer lot and multi-family residential as well as commercial and industrial commercial real estate and home equity loans. The company also offers services such as insurance brokerage, including individual and business insurance to customers and the general public. It holds and markets real property properties, mobile and online banking services, debit and credit cards, and acts as trustee. The company serves small, medium, and large business owners, as well as developers and operators of commercial real property. The company has 234 branches in Washington, Oregon and Idaho. Washington Federal, Inc. was established in 1917. Its headquarters are in Seattle, Washington.
Earnings per Share
Washington Federal's trailing twelve-month EPS is $3.84.
PE Ratio
Washington Federal's trailing 12 months earnings to price ratio is 8.81. The purchaser of the shares is therefore investing $8.81 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 11.87%.Annual Top and Bottom Value
Washington Federal stock was valued at $33.83 as of 10:24 EST. This is way lower than the 52-week high at $39.17, and much higher than the 52-week low at $29.46.
Volume
Washington Federal's current reported volume is 566773, which is 39.46% higher than its average volume (406385).
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.6%, now sitting on 699.97M for the twelve trailing months.
7. Synopsys (SNPS)
11.4% sales growth and 19.02% return on equity
Synopsys, Inc. offers electronic design automation software that can be used to test and design integrated circuits. It offers Fusion Design Platform, which provides digital design and implementation solutions. Verification Continuum Platform provides virtual prototyping and simulation. The company also offers intellectual property (IP), solutions for USB and PCI Express. DDR, Ethernet and SATA. MIPI, HDMI and Bluetooth low-energy applications. It also supplies analog IP including data converters, audio codecs, system-on-chip IP and datapath IP. Verification IP products are available as well as math and floating point components and Arm AMBA interconnect fabrics and peripherals. The company also offers embedded memory, logic libraries, configurable processor cores, embedded instruction-set processor tools, as well as IP subsystems that enable audio, sensor and data fusion. It also offers Platform Architect solutions to optimize SoC architecture; virtual prototyping; HAPS FPGA-based prototyping and a range of tools for designing optical systems and photonic device. The company also offers managed services, professional services and security testing. It can help customers detect and fix security flaws and manufacturing defects throughout the software development process. The company serves the following industries: electronics, finance, automobile, medicine, energy and other industrial sectors. Mountain View is the headquarters of this company, which was founded in 1986.
Earnings per Share
Synopsys' trailing 12 month EPS is $4.62.
PE Ratio
Synopsys' trailing 12-month price-earnings ratio is 75.23. The purchaser of the shares is therefore investing $75.23 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 19.02%.