(VIANEWS) – SolarEdge Technologies (SEDG), ServiceNow (NOW), Cambium Networks Corporation (CMBM) 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. SolarEdge Technologies (SEDG)
40.2% sales growth and 6.92% return on equity
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. It operates through five segments: Solar, Energy Storage, e-Mobility, Critical Power, and Automation Machines. The company offers inverters, power optimizers, communication devices, and smart energy management solutions used in residential, commercial, and small utility-scale solar installations; and a cloud-based monitoring platform that collects and processes information from the power optimizers and inverters, as well as monitors and manages the solar PV system. It also provides residential, commercial, and large scale PV, energy storage and backup, electric vehicle charging, and home energy management solutions, as well as grid services; and e-Mobility, automation machines, lithium-ion cells and battery packs, and uninterrupted power supply solutions, as well as virtual power plants, which helps to manage the load on the grid and grid stability. In addition, the company offers pre-sales support, ongoing trainings, and technical support and after installation services. The company sells its products to the providers of solar PV systems; and solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. was founded in 2006 and is headquartered in Herzliya, Israel.
Earnings Per Share
As for profitability, SolarEdge Technologies has a trailing twelve months EPS of $2.4.
PE Ratio
SolarEdge Technologies has a trailing twelve months price to earnings ratio of 136.79. Meaning, the purchaser of the share is investing $136.79 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 6.92%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 40.9% and 50%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 59%, now sitting on 2.77B for the twelve trailing months.
Sales Growth
SolarEdge Technologies’s sales growth is 59.3% for the ongoing quarter and 40.2% for the next.
Yearly Top and Bottom Value
SolarEdge Technologies’s stock is valued at $327.76 at 06:22 EST, way under its 52-week high of $375.90 and way above its 52-week low of $190.15.
2. ServiceNow (NOW)
21.5% sales growth and 7.45% return on equity
ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The company operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools. It also provides information technology (IT) service management applications; IT service management product suite for enterprise's employees, customers, and partners; strategic portfolio management product suite; IT operations management product that connects a customer's physical and cloud-based IT infrastructure; IT asset management; and security operations that connects with internal and third party. In addition, the company offers integrated risk management product to manage risk and resilience; environmental, social and governance management product; human resources, legal, and workplace service delivery products; safe workplace suite products; customer service management product; and field service management applications. Further, it provides App Engine product; Automation Engine enables application to extend workflows; platform privacy and security product; procurement operations management suite; and professional and customer support services. The company serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through direct sales team and resale partners. It has a strategic partnership with Celonis to help customers identify and prioritize processes that are suitable for automation. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. The company was founded in 2004 and is headquartered in Santa Clara, California.
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 547.61. Meaning, the purchaser of the share is investing $547.61 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 7.45%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 17.3% and 24.1%, respectively.
Previous days news about ServiceNow(NOW)
- According to Zacks on Monday, 13 March, "Some better-ranked stocks from the broader technology sector are Wix.com (WIX Quick QuoteWIX – Free Report) , Aspen Technology (AZPN Quick QuoteAZPN – Free Report) and ServiceNow (NOW Quick QuoteNOW – Free Report) , each carrying a Zacks Rank #2 (Buy) at present. "
3. Cambium Networks Corporation (CMBM)
16.6% sales growth and 15.69% return on equity
Cambium Networks Corporation, through its subsidiaries, provides wireless broadband networking infrastructure products and solutions for network operators. Its wireless fabric includes intelligent radios, smart antennas, radio frequency (RF) algorithms, wireless-aware switches, and network management software. The company offers point-to-point backhaul, point-to-multipoint distribution, Wi-Fi access, cnMatrix ethernet enterprise switching, cnReach IIoT, cnVision video surveillance transport, and cnMaestro and network management tools and solutions. It also offers point-to-point solutions that are connected to high-speed, high-bandwidth wireline networks; and wireless broadband backhaul to facilities or point-to-multipoint access points deployed throughout a network over distances of approximately 100 kilometers and at 2 gigabytes per second. The company also offers cnPilot and Xirrus Wi-Fi solution provides distributed access to individual users in indoor settings, such as office complexes, and outdoor settings, such as athletic stadiums; cnReach solutions offer narrow-band connectivity for sensors and devices; embedded proprietary RF technology and software enables automated optimization of data flow at the outermost points in the network; and cnMatrix cloud-managed wireless-aware switching solution provides the interface between wireless and wired networks. It serves medium-sized wireless internet service providers, enterprises, and government agencies in North America, Europe, the Middle East, Africa, Central and Latin America, and the Asia Pacific. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. The was founded in 2011 and is headquartered in Rolling Meadows, Illinois.
Earnings Per Share
As for profitability, Cambium Networks Corporation has a trailing twelve months EPS of $0.71.
PE Ratio
Cambium Networks Corporation has a trailing twelve months price to earnings ratio of 28.45. Meaning, the purchaser of the share is investing $28.45 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 15.69%.
Volume
Today’s last reported volume for Cambium Networks Corporation is 40357 which is 64.43% below its average volume of 113485.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.4%, now sitting on 296.9M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 1900% and 44.4%, respectively.
4. Everest Re Group, Ltd. (RE)
12.8% sales growth and 6.43% return on equity
Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through four segments: U.S. Reinsurance, International, Bermuda, and Insurance. The U.S. Reinsurance segment writes property and casualty reinsurance; and specialty lines of business, including marine, aviation, surety, and accident and health insurance through reinsurance brokers, as well as directly with ceding companies in the United States. The International segment writes property and casualty reinsurance in Canada, Singapore, Brazil, Miami, and New Jersey. The Bermuda segment provides reinsurance and insurance to property and casualty markets through brokers and directly with ceding companies in Bermuda, and reinsurance to the United Kingdom and European markets. The Insurance segment writes property and casualty insurance products directly, as well as through general agents, wholesaler, retail brokers, and surplus lines brokers in the United States, Canada, Bermuda, and Ireland. The company also provides property and casualty reinsurance and insurance coverages, such as errors and omissions liability, directors' and officers' liability, medical malpractice, and worker's compensation products. Everest Re Group, Ltd. was founded in 1973 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Everest Re Group, Ltd. has a trailing twelve months EPS of $14.74.
PE Ratio
Everest Re Group, Ltd. has a trailing twelve months price to earnings ratio of 24.21. Meaning, the purchaser of the share is investing $24.21 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 6.43%.
Volume
Today’s last reported volume for Everest Re Group, Ltd. is 566139 which is 94.98% above its average volume of 290355.
5. IDEX Corporation (IEX)
7.9% sales growth and 20.08% return on equity
IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as offers flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries. The HST segment designs, produces, and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems, pneumatic components and sealing solutions, high performance molded and extruded sealing components, custom mechanical and shaft seals, engineered hygienic mixers and valves, biocompatible medical devices and implantables, air compressors and blowers, optical components and coatings, laboratory and commercial equipment, precision photonic solutions, and precision gear and peristaltic pump technologies. This segment serves food and beverage, pharmaceutical and biopharmaceutical, cosmetics, marine, chemical, wastewater and water treatment, life sciences, research, and defense markets. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, rescue tools, lifting bags, and other components and systems for the fire and rescue industry; engineered stainless steel banding and clamping devices for various industrial and commercial applications; and precision equipment for dispensing, metering, and mixing colorants and paints used in retail and commercial businesses. IDEX Corporation was incorporated in 1987 and is headquartered in Northbrook, Illinois.
Earnings Per Share
As for profitability, IDEX Corporation has a trailing twelve months EPS of $5.09.
PE Ratio
IDEX Corporation has a trailing twelve months price to earnings ratio of 42.92. Meaning, the purchaser of the share is investing $42.92 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 20.08%.
Volume
Today’s last reported volume for IDEX Corporation is 196184 which is 49.83% below its average volume of 391111.
6. The Cheesecake Factory Incorporated (CAKE)
7.8% sales growth and 13.19% return on equity
The Cheesecake Factory Incorporated operates restaurants. It operates two bakeries that produces cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors. As of October 27, 2022, the company owned and operated 312 restaurants in the United States and Canada under brands, including The Cheesecake Factory, North Italia, and a collection of Fox Restaurant Concepts, as well as 29 The Cheesecake Factory restaurants under licensing agreements internationally. The Cheesecake Factory Incorporated was founded in 1972 and is headquartered in Calabasas, California.
Earnings Per Share
As for profitability, The Cheesecake Factory Incorporated has a trailing twelve months EPS of $0.92.
PE Ratio
The Cheesecake Factory Incorporated has a trailing twelve months price to earnings ratio of 41.71. Meaning, the purchaser of the share is investing $41.71 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 13.19%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 25.5% and 63.5%, respectively.
Yearly Top and Bottom Value
The Cheesecake Factory Incorporated’s stock is valued at $38.37 at 06:22 EST, way below its 52-week high of $43.05 and way above its 52-week low of $26.05.
7. Balchem Corporation (BCPC)
7.3% sales growth and 12.2% return on equity
Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the nutritional, food, pharmaceutical, animal health, medical device sterilization, plant nutrition, and industrial markets in the United States and internationally. It operates through three segments: Human Nutrition & Health, Animal Nutrition & Health, and Specialty Products. The Human Nutrition & Health segment supplies ingredients in the food and beverage industry. Its products include spray dried and emulsified powders, extrusion and agglomeration, blended lipid systems, liquid flavor delivery systems, juice and dairy bases, chocolate systems, and cereal systems, as well as ice cream bases and variegates. This segment also offers microencapsulation solutions for various applications; and human grade choline nutrients and mineral amino acid chelated products for nutrition and health applications. The Animal Nutrition & Health segment provides microencapsulated products to enhance health and milk production, and delivering nutrient supplements in ruminant animals; chelation technology, which offers enhanced nutrient absorption for various species of production and companion animals; and choline chloride, a nutrient for monogastric animal health. The Specialty Products segment offers ethylene oxide primarily for use in the health care industry; and single use canisters with ethylene oxide for sterilizing re-usable devices. This segment also markets and sells propylene oxide, a fumigant to aid in the control of insects and microbiological spoilage, as well as to reduce bacterial and mold contamination in shell and processed nut meats, processed spices, cacao beans, cocoa powder, raisins, figs, and prunes; and chelated minerals for high value crops. The company sells its products through sales force, independent distributors, and sales agents. Balchem Corporation was incorporated in 1967 and is headquartered in New Hampton, New York.
Earnings Per Share
As for profitability, Balchem Corporation has a trailing twelve months EPS of $3.35.
PE Ratio
Balchem Corporation has a trailing twelve months price to earnings ratio of 39.33. Meaning, the purchaser of the share is investing $39.33 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 12.2%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 2.4% and a negative 1.1%, respectively.
Moving Average
Balchem Corporation’s value is above its 50-day moving average of $128.88 and above its 200-day moving average of $129.33.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.4%, now sitting on 922.96M for the twelve trailing months.
Yearly Top and Bottom Value
Balchem Corporation’s stock is valued at $131.76 at 06:22 EST, under its 52-week high of $143.88 and way higher than its 52-week low of $110.15.
8. Getty Realty Corporation (GTY)
5.4% sales growth and 11.97% return on equity
Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. As of September 30, 2020, the Company owned 896 properties and leased 58 properties from third-party landlords in 35 states across the United States and Washington, D.C.
Earnings Per Share
As for profitability, Getty Realty Corporation has a trailing twelve months EPS of $1.88.
PE Ratio
Getty Realty Corporation has a trailing twelve months price to earnings ratio of 18.37. Meaning, the purchaser of the share is investing $18.37 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 11.97%.
Sales Growth
Getty Realty Corporation’s sales growth is 8.9% for the ongoing quarter and 5.4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.6%, now sitting on 165.59M for the twelve trailing months.
