(VIANEWS) - Western Alliance Bancorporation (WAL), Citizens Financial Group (CFG), Owens Corning (OC) 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. Western Alliance Bancorporation (WAL)
30.8% sales growth and 21.86% return on equity
Western Alliance Bancorporation is the bank holding firm for Western Alliance Bank. It provides various banking products in Arizona, California and Nevada. The company operates in the Commercial, Consumer Related and Corporate & Others segments. It offers various deposit products including checking, saving, and money markets accounts as well fixed-rate or fixed maturity certificates for deposit accounts. Treasury management services and residential mortgage products are also offered. The company also provides commercial and industrial loans products such as working capital lines and credit to technology companies and loans to tech companies. It offers inventory and accounts receivable line, loan lines for mortgage warehouse, equipment loans, leases and other commercial loans. Commercial real estate loans are secured by residential property, commercial buildings, professional offices and commercial facilities. Construction and land development loans can be made for residential and commercial projects. The company also offers other financial services such as wire transfer, wire payments, electronic bill presentment, lockbox services, courier and cash management. It also holds certain investments securities, non-profit and municipal loans, as well as leases. The company invests in primarily low-income housing tax credit and small-business investment corporations. It has 36 branches and loan production offices. Western Alliance Bancorporation, which was established in 1994 in Phoenix Arizona is the headquarters.
Earnings Per Share
As for profitability, Western Alliance Bancorporation has a trailing twelve months EPS of $6.12.
PE Ratio
Western Alliance Bancorporation has a trailing twelve months price to earnings ratio of 12.01. Meaning, the purchaser of the share is investing $12.01 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 21.86%.Sales Growth
Western Alliance Bancorporation's sales growth for the next quarter is 30.8%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.7%, now sitting on 2.22B for the twelve trailing months.
Volume
Today's last reported volume for Western Alliance Bancorporation is 682758 which is 17.77% above its average volume of 579722.
2. Citizens Financial Group (CFG)
28.2% sales growth and 7.76% return on equity
Citizens Financial Group, Inc. is the bank holding firm for Citizens Bank, National Association. It provides commercial and retail banking products and services to small and medium-sized businesses, individuals, institutions, and corporations in the United States. It operates two divisions: Consumer Banking and Commercial Banking. Consumer Banking offers deposit products as well as mortgage and home equity loans products. Credit cards, investment services, financial management and wealth management are all available to the Consumer Banking segment. The segment provides customer service via telephone, online and mobile platforms. Commercial Banking provides a variety of financial solutions including loan and leasing, deposit management, foreign currency, interest rate and commodity risk management, foreign exchange and corporate finance. It also offers syndicated loans and corporate finance as well as debt and equity capital market services. The segment is available to government, non-profit, health, tech, professionals, oil & gas, asset financing, franchise finance and asset-based loans, as well as commercial real estate and private equity. There are approximately 1,200 branches across 14 US states, the District of Columbia and 114 non-branch retail offices within national markets. It also has approximately 3,300 automatic teller machines. Citizens Financial Group, Inc. was previously known as RBS Citizens Financial Group, Inc. Citizens Financial Group, Inc. was established in 1828. It is located in Providence, Rhode Island.
Earnings Per Share
As for profitability, Citizens Financial Group has a trailing twelve months EPS of $3.56.
PE Ratio
Citizens Financial Group has a trailing twelve months price to earnings ratio of 9.54. Meaning, the purchaser of the share is investing $9.54 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 7.76%.Sales Growth
Citizens Financial Group's sales growth for the next quarter is 28.2%.
Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 5.1% and 12%, respectively.3. Owens Corning (OC)
9.3% sales growth and 26.01% return on equity
Owens Corning and its subsidiaries produce and sell glass fiber reinforcements, as well as other materials, for composites. They also supply residential, commercial and industrial building materials around the world. The company operates three divisions: Insulation, Composites and Roofing. Composites manufactures, fabricates and markets glass reinforcements as fiber. It also manufactures and distributes specialty products such as fabrics and non-wovens. These products can be found in pipes, roof shingles, sport goods, consumer electronics and telecommunications cables. They also make and sell industrial containers and glass fiber products for wind-energy and building construction. Fiberglass insulation is manufactured and sold in residential, commercial and industrial markets. It also manufactures flexible duct media and glass fiber pipe insulation. Cellular glass insulation can be used for above- or below-grade construction. The segment is primarily sold to insulation contractors, home centers and lumberyards. It also sells products under the FIBERGLAS Insulation, FOAMGLAS and Paroc brand names. The segment Roofing manufactures and markets residential roofing shingles and oxidized asphalt material, roofing components for residential and commercial constructions, specialty applications and synthetic packaging materials. The segment's products are sold through retailers, distributors, lumberyards and contractors. It also sells to roofers for built up roofing asphalt systems as well to companies in the automotive, chemical and rubber industries. Owens Corning, a company that was established in 1938, is located in Toledo Ohio.
Earnings Per Share
As for profitability, Owens Corning has a trailing twelve months EPS of $11.26.
PE Ratio
Owens Corning has a trailing twelve months price to earnings ratio of 7.66. Meaning, the purchaser of the share is investing $7.66 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 26.01%.Sales Growth
Owens Corning's sales growth is 17.8% for the ongoing quarter and 9.3% for the next.
Moving Average
Owens Corning's worth is above its 50-day moving average of $85.18 and below its 200-day moving average of $88.80.Volume
Today's last reported volume for Owens Corning is 729873 which is 34.19% below its average volume of 1109140.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.2%, now sitting on 9.29B for the twelve trailing months.
4. Berkshire Hathaway (BRK-B)
5.1% sales growth and 17.38% return on equity
Berkshire Hathaway Inc. engages through its subsidiaries in insurance, freight railroad transportation, and utilities worldwide. The company provides insurance services, including property, health, accident, life, death, and reinsurance. It also operates North American railroads. It also produces, transmits and stores electricity from natural gas and coal. The company also manufactures boxes of chocolates, other confectionery, specialty chemicals and metal cutting tools; components for power generation and aerospace applications; flooring products; insulation and roofing; building and engineered parts; paints, coatings; bricks, and masonry products. It offers financing and lending services as well as site-built and manufactured home construction. It also offers recreational vehicles, clothing, jewelry and custom picture framing. The company also distributes information, televisions, franchises, quick-service restaurants, electronic components, logistics, foodservice distribution, professional aviation training, and shares ownership of aircraft. The company also sells furniture, bedding and other household items, as well as automobiles, jewelry, watches and crystal. It also stocks flatware, giftware, kitchenware and stemware. It was founded in Omaha in 1998.
Earnings Per Share
As for profitability, Berkshire Hathaway has a trailing twelve months EPS of $66140.9.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 17.38%.Revenue Growth
Year-on-year quarterly revenue growth grew by 9.6%, now sitting on 282.31B for the twelve trailing months.
Previous days news about Berkshire Hathaway(BRK-B)
- According to FXStreet on Monday, 26 September, "Analysis US Stocks: Tesla TSLA, Amazon AMZN, Nvidia (NVDA), Apple AAPL, Microsoft MSFT, Berkshire Hathaway (BRK/B),Block, Inc (SQ), Meta Platforms, Netflix (NFLX), Enphase (ENPH), Alphabet GOOGL. "