(VIANEWS) – Fortinet (FTNT), First Merchants Corporation (FRME), EZCORP (EZPW) 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. Fortinet (FTNT)
23.7% sales growth and 331.5% return on equity
Fortinet, Inc. provides cybersecurity and networking solutions worldwide. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides centralized network logging, analyzing and reporting solutions. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiAuthenticator, a zero trust access solution; FortiGate VM, a network firewall virtual appliance; FortiToken, product family for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both machine-learning anti-malware protection and remediation. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.
Earnings Per Share
As for profitability, Fortinet has a trailing twelve months EPS of $1.06.
PE Ratio
Fortinet has a trailing twelve months price to earnings ratio of 61.5. Meaning, the purchaser of the share is investing $61.5 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 331.5%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 33.1%, now sitting on 4.42B for the twelve trailing months.
Sales Growth
Fortinet’s sales growth is 25.8% for the current quarter and 23.7% for the next.
Volume
Today’s last reported volume for Fortinet is 6446330 which is 37.92% above its average volume of 4673960.
Yearly Top and Bottom Value
Fortinet’s stock is valued at $65.19 at 16:23 EST, under its 52-week high of $69.07 and way above its 52-week low of $42.61.
Previous days news about Fortinet(FTNT)
- Fortinet (ftnt) beats on Q1 earnings and revenue estimates. According to Zacks on Friday, 5 May, "Buoyed by the strong first-quarter performance, Fortinet raised the revenue and non-GAAP EPS guidance for the full-year 2023. "
- According to Zacks on Wednesday, 3 May, "Another stock from the same industry, Fortinet (FTNT Quick QuoteFTNT – Free Report) , has yet to report results for the quarter ended March 2023. "
- According to FXStreet on Wednesday, 3 May, "May 3- Qualcomm (QCOM), CVS Health (CVS), Kraft Heinz (KHC)and MetLife (MET) May 4- Apple (AAPL), Anheuser-Busch InBev (BUD), Booking Holdings (BKNG), Shopify (SHOP), DraftKings (DKNG)and Fortinet (FTNT) May 5- Enbridge (ENB), Cigna Group (CI), and CBOE Global Markets (CBOE), FuboTV (FUBO)and AMC Entertainment (AMC)."
- Fortinet (ftnt) Q1 earnings: taking a look at key metrics versus estimates. According to Zacks on Thursday, 4 May, "Here is how Fortinet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"
- According to Zacks on Thursday, 4 May, "Currently, Cognizant has a Zacks Rank #4 (Sell).BILL Holdings (BILL Quick QuoteBILL – Free Report) , Fortinet (FTNT Quick QuoteFTNT – Free Report) and DigitalOcean (DOCN Quick QuoteDOCN – Free Report) are some better-ranked stocks that investors can consider in the Zacks Computer & Technology sector. ", "While Fortinet sports a Zacks Rank #1 (Strong Buy), both BILL and DigitalOcean carry a Zacks Rank #2 (Buy). "
2. First Merchants Corporation (FRME)
14.3% sales growth and 11.25% return on equity
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Earnings Per Share
As for profitability, First Merchants Corporation has a trailing twelve months EPS of $3.81.
PE Ratio
First Merchants Corporation has a trailing twelve months price to earnings ratio of 7.95. Meaning, the purchaser of the share is investing $7.95 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 11.25%.
3. EZCORP (EZPW)
11.4% sales growth and 7.53% return on equity
EZCORP, Inc. provides pawn loans in the United States and Latin America. It offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments. The company also sells merchandise, primarily collateral forfeited from pawn lending operations and pre-owned merchandise purchased from customers. In addition, it offers Lana and EZ+ web-based engagement platforms to manage pawn loans. As of September 30, 2021, the company owned and operated 516 pawn stores in the United States; 508 pawn stores in Mexico; and 124 pawn stores in Guatemala, El Salvador, and Honduras. EZCORP, Inc. was founded in 1989 and is headquartered in Austin, Texas.
Earnings Per Share
As for profitability, EZCORP has a trailing twelve months EPS of $0.75.
PE Ratio
EZCORP has a trailing twelve months price to earnings ratio of 11.93. Meaning, the purchaser of the share is investing $11.93 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 7.53%.
Volume
Today’s last reported volume for EZCORP is 326215 which is 44.64% below its average volume of 589362.
Yearly Top and Bottom Value
EZCORP’s stock is valued at $8.95 at 16:23 EST, way under its 52-week high of $10.68 and way above its 52-week low of $6.77.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 31.8% and a negative 6.3%, respectively.
4. Public Storage (PSA)
8.7% sales growth and 44.58% return on equity
Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At December 31, 2022, we had: (i) interests in 2,869 self-storage facilities located in 40 states with approximately 204 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels:SHUR), which owned 266 self-storage facilities located in seven Western European nations with approximately 15 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.
Earnings Per Share
As for profitability, Public Storage has a trailing twelve months EPS of $23.49.
PE Ratio
Public Storage has a trailing twelve months price to earnings ratio of 12.61. Meaning, the purchaser of the share is investing $12.61 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 44.58%.
Sales Growth
Public Storage’s sales growth is 11.9% for the present quarter and 8.7% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 2.3% and a drop 15.2% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.8%, now sitting on 4.24B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Public Storage’s EBITDA is 87.69.
Previous days news about Public Storage(PSA)
- Public storage (psa) Q1 FFO and revenues top estimates. According to Zacks on Wednesday, 3 May, "While Public Storage has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
- Public storage (psa) Q1 earnings: taking a look at key metrics versus estimates. According to Zacks on Wednesday, 3 May, "Here is how Public Storage performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"
- Public storage (psa) beats on Q1 FFO & revenues, revises view. According to Zacks on Thursday, 4 May, "In the first quarter, Public Storage acquired five self-storage facilities comprising 0.3 million net rentable square feet of area for $46.8 million. "
5. Option Care Health (OPCH)
8.5% sales growth and 11.75% return on equity
Option Care Health, Inc. offers home and alternate site infusion services in the United States. The company provides immunoglobulin infusion therapies for the treatment of immune deficiencies; anti-infective therapies and services; home infusion services to treat heart failures; and treatments for chronic inflammatory disorders, including Crohn's disease, plaque psoriasis, psoriatic arthritis, rheumatoid arthritis, ulcerative colitis, and other chronic inflammatory disorders; and immunoglobulin infusion therapies. It also offers infusion therapies for bleeding disorders; home parenteral nutrition and enteral nutrition support services for numerous acute and chronic conditions, such as stroke, cancer, and gastrointestinal diseases; and other infusion therapies to treat various conditions, including pain management, chemotherapy, and respiratory medications. In addition, the company offers therapies that women need to survive and thrive through high-risk pregnancies; treatments to manage the progression of neurological disorders, such as amyotrophic lateral sclerosis and duchenne muscular dystrophy; and nursing services. The company is headquartered in Bannockburn, Illinois.
Earnings Per Share
As for profitability, Option Care Health has a trailing twelve months EPS of $0.82.
PE Ratio
Option Care Health has a trailing twelve months price to earnings ratio of 39.21. Meaning, the purchaser of the share is investing $39.21 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 11.75%.
