(VIANEWS) – Westamerica Bancorporation (WABC), Churchill Downs (CHDN), Gentex Corporation (GNTX) 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?
48.9% sales growth and 15.16% return on equity
Westamerica Bancorporation is a holding bank for Westamerica Bank. It provides various banking services and products to individuals and businesses. It accepts deposits from all types, such as checking and retail savings accounts as well as certificates. The company’s loan portfolio includes residential, commercial, and residential real property, construction and consumer loans. It also offers loans that primarily include indirect auto loans. Westamerica Bancorporation has 79 branches in 21 California counties. The former name of the company was Independent Bankshares Corporation. In 1983, it changed its name from Westamerica Bancorporation. Westamerica Bancorporation is located in San Rafael in California. It was established in 1972.
Earnings Per Share
As for profitability, Westamerica Bancorporation has a trailing twelve months EPS of $3.88.
Westamerica Bancorporation has a trailing twelve months price to earnings ratio of 15.88. Meaning,
the purchaser of the share is investing $15.88 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 15.16%.
Westamerica Bancorporation’s worth is higher than its 50-day moving average of $56.73 and above its 200-day moving average of $58.25.
43.5% sales growth and 101.25% return on equity
Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Churchill Downs, Online Wagering, and Gaming. As of March 18, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; seven retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses; and provides totalizator services. Churchill Downs Incorporated was incorporated in 1928 and is headquartered in Louisville, Kentucky.
Earnings Per Share
As for profitability, Churchill Downs has a trailing twelve months EPS of $12.48.
Churchill Downs has a trailing twelve months price to earnings ratio of 17.92. Meaning,
the purchaser of the share is investing $17.92 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 101.25%.
The Churchill Downs’ last recorded volume is 68238, which is 6.65% less than its average volume (182747).
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 75.7% and positive 78% for the next.
As stated by Morningstar, Inc., the next dividend payment is on Nov 30, 2022, the estimated forward annual dividend rate is 0.71 and the estimated forward annual dividend yield is 0.32%.
Churchill Downs has experienced a 20.8% and 43.5% increase in sales for the most recent quarter.
20.1% sales growth and 16.44% return on equity
Gentex Corporation develops, produces, markets and sells digital vision, connected cars, dimmable glasses, fire protection products and other related services in the United States and abroad. The company operates in two segments: Automotive Products and Other. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. Variable dimmable windows are also offered to airline operators and aircraft manufacturers. The company also offers photoelectric smoke detectors as alarms as well as electrochemical carbon monoxide detectors as alarms. It can also provide audible or visual signaling alarms as well as bells and speakers for fire detection in commercial buildings such as hotels and office buildings. It sells fire protection products direct, through its sales representatives and managers, to distributors of security and fire protection product, electric wholesale houses and manufacturers of original equipment for fire protection systems. Gentex Corporation was founded in 1974. It is located in Zeeland in Michigan.
Earnings per Share
Gentex Corporation’s trailing twelve-month EPS is $1.51.
Gentex Corporation’s trailing 12 months earnings to price ratio is 17.78. The purchaser of the shares is therefore investing $17.78 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 16.44%.
Annual Top and Bottom Value
Gentex Corporation stock was valued at $26.80 as of 15:22 EST. This is way lower than its 52 week high of $37.90, and much higher than its 52-week low at $23.28.
Morningstar, Inc. claims that the next dividend payment will be on July 6, 2022. The forward dividend rate for the year is 0.48, and the forward dividend yield is 1.7%.
8% sales growth and 4.45% return on equity
Whitestone, a community-centered REIT, acquires, buys, manages and develops quality open-air neighborhood centres. It focuses primarily on the Sunbelt’s largest and fastest-growing markets. Whitestone aims to build communities by creating connections among consumers and providing entertainment, services and other experiences. Whitestone has been a dividend-paying stock for more than 15 years. Whitestone’s capital structure is strong and balanced. It allows for flexibility and growth. Whitestone can also perform well in economic downturns.
Earnings Per Share
As for profitability, Whitestone REIT has a trailing twelve months EPS of $0.14.
Whitestone REIT has a trailing twelve months price to earnings ratio of 66.36. Meaning,
the purchaser of the share is investing $66.36 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 4.45%.
Growth Estimates Quarters
For the current quarter, the company expects to grow by 33.3% and 60 percent respectively.
Whitestone REIT’s value is higher than its $50-day moving mean of $8.99, and much lower than its $200-day moving median of $10.94.
Morningstar, Inc. claims that the next dividend payment will be on October 31, 2022. The forward dividend rate for 2020 is 0.48, and the forward dividend yield for 2022 is 5.27%.
Whitestone REIT has a sales growth of 8.6% in the current quarter, and 8% in the next.