(VIANEWS) – SolarEdge Technologies (SEDG), Southern Copper (SCCO), ServiceNow (NOW) 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)
35.5% sales growth and 5.38% 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 $1.71.
PE Ratio
SolarEdge Technologies has a trailing twelve months price to earnings ratio of 167.04. Meaning, the purchaser of the share is investing $167.04 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 5.38%.
Volume
Today’s last reported volume for SolarEdge Technologies is 1571460 which is 37.34% above its average volume of 1144200.
Previous days news about SolarEdge Technologies(SEDG)
- Is solaredge technologies (sedg) outperforming other oils-energy stocks this year?. According to Zacks on Wednesday, 10 May, "Looking more specifically, SolarEdge Technologies belongs to the Solar industry, a group that includes 16 individual stocks and currently sits at #47 in the Zacks Industry Rank. ", "Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to SolarEdge Technologies and Smart Sand as they could maintain their solid performance."
2. Southern Copper (SCCO)
25.1% sales growth and 32.62% return on equity
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc, copper, molybdenum, silver, gold, and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. The company has interests in 493,117 hectares of exploration concessions in Peru and Mexico; 239,077 hectares of exploration concessions in Argentina; 30,568 hectares of exploration concessions in Chile; and 7,299 hectares of exploration concessions in Ecuador. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation is a subsidiary of Americas Mining Corporation.
Earnings Per Share
As for profitability, Southern Copper has a trailing twelve months EPS of $3.21.
PE Ratio
Southern Copper has a trailing twelve months price to earnings ratio of 21.57. Meaning, the purchaser of the share is investing $21.57 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 32.62%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Southern Copper’s EBITDA is 6.39.
Previous days news about Southern Copper(SCCO)
- Southern copper (scco) Q1 earnings & revenues beat estimates. According to Zacks on Tuesday, 9 May, "Southern Copper Corporation price-consensus-eps-surprise-chart | Southern Copper Corporation Quote", "Shares of Southern Copper have gained 35.1% in the past year against the industry’s 38.3% growth."
3. ServiceNow (NOW)
22% sales growth and 8.34% 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 $2.04.
PE Ratio
ServiceNow has a trailing twelve months price to earnings ratio of 221.33. Meaning, the purchaser of the share is investing $221.33 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 8.34%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 25.9% and 23%, respectively.
Moving Average
ServiceNow’s worth is higher than its 50-day moving average of $447.93 and higher than its 200-day moving average of $427.69.
Sales Growth
ServiceNow’s sales growth is 21.4% for the current quarter and 22% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ServiceNow’s EBITDA is 11.69.
Previous days news about ServiceNow(NOW)
- According to Zacks on Tuesday, 9 May, "Some top-ranked stocks from the broader Computer and Technology sector are Meta Platforms (META Quick QuoteMETA – Free Report) , Momo (MOMO Quick QuoteMOMO – Free Report) and ServiceNow (NOW Quick QuoteNOW – Free Report) . ", "While Meta Platforms and Momo sport a Zacks Rank #1 (Strong Buy), ServiceNow carries a Zacks Rank #2 (Buy) at present. "
- Wall street analysts think ServiceNow (now) is a good investment: is it?. According to Zacks on Tuesday, 9 May, "Let’s take a look at what these Wall Street heavyweights have to say about ServiceNow (NOW Quick QuoteNOW – Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.", "Therefore, the Buy-equivalent ABR for ServiceNow may serve as a useful guide for investors."
- According to Zacks on Wednesday, 10 May, "Some top-ranked stocks from the broader Computer and Technology sector are Meta Platforms (META Quick QuoteMETA – Free Report) , Momo (MOMO Quick QuoteMOMO – Free Report) and ServiceNow (NOW Quick QuoteNOW – Free Report) . ", "While Meta Platforms and Momo sport a Zacks Rank #1 (Strong Buy), ServiceNow carries a Zacks Rank #2 (Buy) at present. "
- According to Zacks on Thursday, 11 May, "Some top-ranked stocks from the broader Computer and Technology sector are Meta Platforms (META Quick QuoteMETA – Free Report) , Momo (MOMO Quick QuoteMOMO – Free Report) and ServiceNow (NOW Quick QuoteNOW – Free Report) . ", "While Meta Platforms and Momo sport a Zacks Rank #1 (Strong Buy), ServiceNow carries a Zacks Rank #2 (Buy) at present. "
- According to Zacks on Thursday, 11 May, "Some better-ranked stocks from the broader Computer and Technology sector are Meta Platforms (META Quick QuoteMETA – Free Report) , Momo (MOMO Quick QuoteMOMO – Free Report) and ServiceNow (NOW Quick QuoteNOW – Free Report) . ", "Meta Platforms and Momo sport a Zacks Rank #1 (Strong Buy), and ServiceNow carries a Zacks Rank #2 (Buy) at present. "
4. Oceaneering International (OII)
11.6% sales growth and 9.57% return on equity
Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas industry, as well as to defense, aerospace, and commercial theme park industries worldwide. The company's Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drill support, vessel-based inspection, maintenance and repair, installation and construction support, pipeline inspection and surveys, and subsea production facility operation and maintenance services. As of December 31, 2019, this segment owned 250 work-class ROVs. The company's Subsea Products segment constructs various specialty subsea hardware products, including subsea umbilicals utilizing steel tubes, thermoplastic hoses, and termination assemblies; tooling, ROV tooling, and subsea work packages; production control equipment; installation and workover control systems; clamp connectors; pipeline connector and repair systems; subsea and topside control valves; and subsea chemical injection valves, as well as offers riserless light well intervention services. Its Subsea Projects segment performs subsea oilfield hardware installation and inspection, maintenance, and repair services; serves shallow water projects; and performs subsea intervention and hardware installation services, such as subsea well tie-backs, pipeline/flow line tie-ins and repairs, pipeline crossing, and umbilical and other subsea equipment installations, and subsea intervention services. The company's Asset Integrity segment offers asset integrity services for the safety of customers' facilities onshore and offshore; third-party inspections to customers in the oil and gas, petrochemical, and power generation industries; and first-pass integrity evaluation and assessment, and nondestructive testing services. Its Advanced Technologies segment provides project management, engineering services, and equipment for applications in non-energy industries. The company was founded in 1964 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Oceaneering International has a trailing twelve months EPS of $0.47.
PE Ratio
Oceaneering International has a trailing twelve months price to earnings ratio of 35.14. Meaning, the purchaser of the share is investing $35.14 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 9.57%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Oceaneering International’s EBITDA is 0.9.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 328.6% and 47.8%, respectively.
Yearly Top and Bottom Value
Oceaneering International’s stock is valued at $16.51 at 16:23 EST, way under its 52-week high of $22.26 and way higher than its 52-week low of $7.25.
5. Red River Bancshares (RRBI)
10.2% sales growth and 13.09% return on equity
Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It also offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit. In addition, the company provides treasury management, private banking, and brokerage; investment advisory, financial planning, and a suite of retirement plans; debit and credit cards, direct deposits, cashier's checks, and wire transfer services; online banking services, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; and banking services in person, through ATMs, drive-through facilities, night deposits, telephone, mail, mobile banking, and remote deposits. It operates a network of 27 banking centers throughout Louisiana and two combined loan and deposit production offices in Lafayette and New Orleans, Louisiana. The company was incorporated in 1998 and is headquartered in Alexandria, Louisiana.
Earnings Per Share
As for profitability, Red River Bancshares has a trailing twelve months EPS of $5.17.
PE Ratio
Red River Bancshares has a trailing twelve months price to earnings ratio of 8.9. Meaning, the purchaser of the share is investing $8.9 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 13.09%.
Yearly Top and Bottom Value
Red River Bancshares’s stock is valued at $46.00 at 16:23 EST, way under its 52-week high of $60.57 and above its 52-week low of $45.11.
6. ITT Corporation (ITT)
9.2% sales growth and 16.52% return on equity
ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, light- and heavy-duty commercial and military vehicles, buses, and rail. The Industrial Process segment designs and manufactures industrial pumps, valves, and plant optimization systems; and centrifugal process pumps, twin screw, axials, and positive displacement pumps, and water systems, as well as aftermarket solutions, such as repairs and upgrades services. It serves various customers in industries, such as chemical, oil and gas, mining, and other industrial process markets. The Connect & Control Technologies segment designs and manufactures a range of engineered connectors and specialized control components for critical applications supporting various markets, including aerospace and defense, industrial, transportation, medical, and oil and gas. The connector product portfolio includes electrical connectors, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniature, and cable assemblies; and control products consist of fuel and water pumps, valves, electro-mechanical rotary and linear actuators, and pressure, temperature, limit, and flow switches for various aircraft systems. ITT Inc. was founded in 1920 and is headquartered in White Plains, New York.
Earnings Per Share
As for profitability, ITT Corporation has a trailing twelve months EPS of $4.4.
PE Ratio
ITT Corporation has a trailing twelve months price to earnings ratio of 19.38. Meaning, the purchaser of the share is investing $19.38 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 16.52%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 14.4% and 20.4%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 7, 2023, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 1.37%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13%, now sitting on 2.99B for the twelve trailing months.
7. Alamo Group (ALG)
7.6% sales growth and 13.67% return on equity
Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use worldwide. The company offers hydraulically-powered and tractor-mounted mowers, including boom-mounted mowers; other cutters and replacement parts for heavy-duty and intensive uses; and heavy duty, tractor- and truck-mounted mowing, and vegetation maintenance equipment and replacement parts. It also provides truck-mounted air vacuum, mechanical broom, and regenerative air sweepers; pothole patchers; leaf collection equipment and replacement brooms; parking lot and street sweepers; excavators; catch basin cleaners and roadway debris vacuum systems; truck-mounted vacuum trucks, combination sewer cleaners, and hydro excavators; ice control products; snow plows and heavy duty snow removal equipment, hitches, attachments, and graders; landscape and vegetation maintenance equipment; and public works and runway maintenance products, parts, and services. In addition, the company offers rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades, and replacement parts, as well as zero turn radius mowers; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts; and heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, and replacement parts. Further, it provides tractor attachments; agricultural implements; hydraulic and boom-mounted hedge and grass cutters, and other tractor attachments and implements; hedgerow cutters, industrial grass mowers, and agricultural seedbed preparation cultivators; self-propelled sprayers and multi-drive load-carrying vehicles; cutting blades; hydraulic and mechanical boom mowers; and high pressure cleaning systems and trenchers. The company was founded in 1955 and is headquartered in Seguin, Texas.
Earnings Per Share
As for profitability, Alamo Group has a trailing twelve months EPS of $8.54.
PE Ratio
Alamo Group has a trailing twelve months price to earnings ratio of 20.69. Meaning, the purchaser of the share is investing $20.69 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 13.67%.
Yearly Top and Bottom Value
Alamo Group’s stock is valued at $176.73 at 16:23 EST, under its 52-week high of $186.37 and way above its 52-week low of $108.35.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.7%, now sitting on 1.51B for the twelve trailing months.
Previous days news about Alamo Group(ALG)
- According to Zacks on Thursday, 11 May, "Better-ranked stocks in the Industrial Products space include AptarGroup, Inc. (ATR Quick QuoteATR – Free Report) , Caterpillar Inc. (CAT Quick QuoteCAT – Free Report) and Alamo Group Inc. (ALG Quick QuoteALG – Free Report) AptarGroup currently carries a Zacks Rank #1 (Strong Buy). "
- Are industrial products stocks lagging alamo group (alg) this year?. According to Zacks on Thursday, 11 May, "Is Alamo Group (ALG Quick QuoteALG – Free Report) one of those stocks right now? ", "Looking more specifically, Alamo Group belongs to the Manufacturing – Farm Equipment industry, which includes 8 individual stocks and currently sits at #33 in the Zacks Industry Rank. "
