(VIANEWS) – Ciena Corporation (CIEN), Gentex Corporation (GNTX), J & J Snack Foods Corp. (JJSF) 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. Ciena Corporation (CIEN)
26.4% sales growth and 6.49% return on equity
Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.
Earnings Per Share
As for profitability, Ciena Corporation has a trailing twelve months EPS of $1.23.
PE Ratio
Ciena Corporation has a trailing twelve months price to earnings ratio of 37.55. Meaning, the purchaser of the share is investing $37.55 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 6.49%.
Moving Average
Ciena Corporation’s worth is below its 50-day moving average of $49.24 and under its 200-day moving average of $47.89.
2. Gentex Corporation (GNTX)
12.2% sales growth and 16.23% return on equity
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. The company sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
Earnings Per Share
As for profitability, Gentex Corporation has a trailing twelve months EPS of $1.41.
PE Ratio
Gentex Corporation has a trailing twelve months price to earnings ratio of 20.33. Meaning, the purchaser of the share is investing $20.33 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 16.23%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Gentex Corporation’s EBITDA is 3.24.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 4, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 1.71%.
Yearly Top and Bottom Value
Gentex Corporation’s stock is valued at $28.67 at 20:22 EST, below its 52-week high of $31.48 and way above its 52-week low of $23.28.
Sales Growth
Gentex Corporation’s sales growth is 18.3% for the current quarter and 12.2% for the next.
3. J & J Snack Foods Corp. (JJSF)
8.9% sales growth and 5.43% return on equity
J & J Snack Foods Corp. manufactures, markets, and distributes various nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail Supermarkets, and Frozen Beverages. The company offers soft pretzels under the SUPERPRETZEL, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR. TWISTER, SOFT PRETZEL BITES, SOFTSTIX, SOFT PRETZEL BUNS, TEXAS TWIST, BAVARIAN BAKERY, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, KIM & SCOTT'S GOURMET PRETZELS, SERIOUSLY TWISTED!, BRAUHAUS, AUNTIE ANNE'S, and LABRIOLA, as well as under the private labels. It also provides frozen juice treats and desserts under the LUIGI'S, WHOLE FRUIT, PHILLY SWIRL, SOUR PATCH, ICEE, and MINUTE MAID brands; churros under the TIO PEPE'S and CALIFORNIA CHURROS brands; and dough enrobed handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands. In addition, the company offers bakery products, including biscuits, fig and fruit bars, cookies, breads, rolls, crumb, muffins, and donuts under the MRS. GOODCOOKIE, READI-BAKE, COUNTRY HOME, MARY B'S, DADDY RAY'S, and HILL & VALLEY brands, as well as under private labels; and frozen beverages under the ICEE, SLUSH PUPPIE, and PARROT ICE brands. J & J Snack Foods Corp. sells its products through a network of food brokers, independent sales distributors, and direct sales force. The company was founded in 1971 and is headquartered in Pennsauken, New Jersey.
Earnings Per Share
As for profitability, J & J Snack Foods Corp. has a trailing twelve months EPS of $2.41.
PE Ratio
J & J Snack Foods Corp. has a trailing twelve months price to earnings ratio of 67.51. Meaning, the purchaser of the share is investing $67.51 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 5.43%.
4. Copart (CPRT)
7.9% sales growth and 23.26% return on equity
Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. It offers a range of services for processing and selling vehicles over the internet through its virtual bidding third generation internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and procurement, loan payoff, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services. Its services also comprise services to sell vehicles through CashForCars.com; Copart Recycling service, which allows the public to purchase parts from salvaged and end-of-life vehicles; copart 360, an online technology for posting vehicle images; membership tiers for those registering to buy vehicles through Copart.com; and virtual queue to secure a place in line while visiting one of its locations. The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public. Copart, Inc. was incorporated in 1982 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Copart has a trailing twelve months EPS of $2.22.
PE Ratio
Copart has a trailing twelve months price to earnings ratio of 36.89. Meaning, the purchaser of the share is investing $36.89 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 23.26%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.3%, now sitting on 3.67B for the twelve trailing months.
Yearly Top and Bottom Value
Copart’s stock is valued at $81.90 at 20:22 EST, under its 52-week high of $81.92 and way higher than its 52-week low of $51.10.
Previous days news about Copart(CPRT)
- Factors at play ahead of copart's (cprt) Q3 earnings release. According to Zacks on Tuesday, 16 May, "Over the trailing four quarters, Copart surpassed the Zacks Consensus Estimate thrice and missed once, the average surprise being 2.01%.", "Our proven model does not conclusively predict an earnings beat for Copart this time around. "
5. Owens (OI)
7% sales growth and 47.84% return on equity
O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. The company is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. It offers glass containers in a range of sizes, shapes, and colors. The company sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. O-I Glass, Inc. was founded in 1903 and is headquartered in Perrysburg, Ohio.
Earnings Per Share
As for profitability, Owens has a trailing twelve months EPS of $4.22.
PE Ratio
Owens has a trailing twelve months price to earnings ratio of 5.05. Meaning, the purchaser of the share is investing $5.05 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 47.84%.
Sales Growth
Owens’s sales growth is 5.3% for the present quarter and 7% for the next.
Yearly Top and Bottom Value
Owens’s stock is valued at $21.32 at 20:22 EST, below its 52-week high of $23.52 and way above its 52-week low of $11.60.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Owens’s EBITDA is 1.03.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.2%, now sitting on 6.99B for the twelve trailing months.
Previous days news about Owens(OI)
- Are you looking for a top momentum pick? why owens corning (oc) is a great choice. According to Zacks on Tuesday, 16 May, "Given these factors, it shouldn’t be surprising that OC is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you’re looking for a fresh pick that’s set to soar in the near-term, make sure to keep Owens Corning on your short list.", "Shares of Owens Corning have increased 7.42% over the past quarter, and have gained 14.74% in the last year. "
