Top 5 mid-cap stocks to explore: UTHR, SWX, ACHC, WWE & Y - Kalkine Media

May 26, 2022 12:02 PM PDT | By Rupam Roy
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Highlights

  • United Therapeutics Corporation (NASDAQ: UTHR) revenue soared 22% YoY in Q1, FY22.
  • Acadia Healthcare Company, Inc. (NASDAQ: ACHC) revenue surged nearly 12% YoY in the first quarter of fiscal 2022.
  • Alleghany Corporation’s (NYSE: Y) revenue rose more than 2% in Q1, FY22.

Mid-cap stocks are companies that have medium-size market capitalization. A company can be considered a mid-cap firm when the value of its shares outstanding stays within a range of US$2 billion to US$10 billion. Investors typically explore opportunities in mid-cap stocks as they possess growth potential and profitability. Investors consider mid-cap stocks more stable than small-cap stocks. In addition, they promise faster growth than large-cap firms, which may have already reached their peak.

Mid-cap companies often experience high volatility during market uncertainties, which may temporarily send their market valuations sharply up or down.

Here we explore some of the top mid-cap stocks worth keeping an eye on.

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United Therapeutics Corporation (NASDAQ: UTHR)

United Therapeutics is focused on developing novel technologies for patients suffering from lung disease. It is based in Silver Spring, Maryland.

The shares of the company traded at US$226.19 at 2:46 pm ET on May 25, up 3.31% from their closing price of May 24. Its stock value increased by 3.95% YTD.

The firm has a market cap of US$10.29 billion, a P/E ratio of 15.63, and a forward one-year P/E ratio of 13.06. Its EPS is US$14.45.

The 52-week highest and lowest stock prices were US$220.01 and US$158.38, respectively. Its trading volume was 996,060 on May 24.

The company reported revenue of US$461.9 million in Q1, FY22, representing an increase of 22% YoY. Its net income came in at US$239.9 million, or US$5.03 per diluted share, against an income of US$28.3 million, or US$0.61 per diluted share in Q1, FY21.

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Top 5 mid-cap stocks to explore amid high volatility in the marketSource: Pixabay

Southwest Gas Holdings, Inc. (NYSE: SWX)

Southwest Gas Holdings provides natural gas services to residential, commercial, and industrial customers in Nevada. The company is based in Las Vegas, Nevada.

The stock traded at US$93.10 at 2:50 pm ET on May 25, down 1.10% from its previous closing price. The SWX stock rose 36.77% YTD.

The market cap of the company is US$6.22 billion, the P/E ratio is 31.37, and the forward one-year P/E ratio is 20.60. Its EPS is US$2.97.

The stock saw the highest price of US$95.13 and the lowest price of US$62.54 in the last 52 weeks. Its share volume on May 24 was 352,929.

The company reported a revenue of US$1.26 billion in Q1, FY22, as compared to US$885.90 million in the year-ago quarter. Its applicable net income came in at US$96.17 million, or US$1.58 per diluted share, as compared to an income of US$117.29 million, or US$2.03 per diluted share in Q1, FY21.

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Acadia Healthcare Company, Inc. (NASDAQ: ACHC)

Acadia Healthcare acquires and develops behavioral healthcare facilities, such as inpatient psychiatric amenities. It is based in Franklin, Tennessee.

The shares of the company traded at US$71.54 at 2:57 pm ET on May 25, up 0.87% from their closing price of May 24. Its stock value soared 17.65% YTD.

The firm has a market cap of US$6.48 billion, a P/E ratio of 26.95, and a forward one-year P/E ratio of 23.03. Its EPS is US$2.66.

The 52-week highest and lowest stock prices were US$76.69 and US$50.07, respectively. Its trading volume was 265,091 on May 24.

The company reported a revenue of US$616.7 million in the first quarter of fiscal 2022, up 11.9% YoY. Its attributable net income came in at US$60.83 million, or US$0.67 per diluted share, as compared to an income of US$9.71 million, or US$0.11 per diluted share in Q1, FY21.

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World Wrestling Entertainment, Inc. (NYSE: WWE)

World Wrestling Entertainment is a media and entertainment firm specializing in wrestling entertainment content for a range of channels. The company is based in Stamford, Connecticut.

The stock traded at US$63.605 at 3:01 pm ET on May 25, up 3.15% from its previous closing price. The WWE stock rose 23.67% YTD.

The market cap of the company is US$4.72 billion, the P/E ratio is 26.57, and the forward one-year P/E ratio is 24.86. Its EPS is US$2.39.

The stock saw the highest price of US$70.72 and the lowest price of US$46.81 in the last 52 weeks. Its share volume on May 24 was 680,057.

The company's revenue increased by 27% YoY to US$333.4 million in Q1, FY22. Its net income came in at US$66.1 million, or US$0.77 per diluted share, against an income of US$43.8 million, or US$0.51 per diluted share in Q1, FY21.

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US midcap stocks: UTHR, SWX, ACHC, WWE, Y

Alleghany Corporation (NYSE: Y)

Allegany Corporation is an investment holding firm specializing in insurance. This New York-based company also has subsidiaries.

Its shares traded at US$833.85 at 3:12 pm ET on May 25, up 0.17% from their closing price of May 24. Its stock value increased by 26.23% YTD.

The firm has a market cap of US$11.20 billion, and a P/E ratio of 12.34. Its EPS is US$67.45. The 52-week highest and lowest stock prices were US$862.87 and US$585.10, respectively. Its trading volume was 150,261 on May 24.

The company's total revenue surged 2.4% YoY to US$2.71 billion in Q1, FY22. Its net earnings attributable to stockholders came in at US$125.7 million, or US$9.29 per diluted share, versus US$230 million, or US$16.37 per diluted share, in Q1, FY21.

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Bottom line:

The midcap companies have struggled due to various negative market forces in recent times. The S&P MidCap 400 index declined 16.24% YTD while decreasing 11.91% in the past 12 months. Hence, investors should carefully evaluate the companies before spending on stocks.


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