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Progress Software Corporation And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Progress Software Corporation (PRGS), Microsoft (MSFT), The Hershey Company (HSY) 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. Progress Software Corporation (PRGS)

15.1% sales growth and 25.15% return on equity

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Earnings Per Share

As for profitability, Progress Software Corporation has a trailing twelve months EPS of $2.22.

PE Ratio

Progress Software Corporation has a trailing twelve months price to earnings ratio of 27.02. Meaning, the purchaser of the share is investing $27.02 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 25.15%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 13.5% and a negative 3%, respectively.

Moving Average

Progress Software Corporation’s worth is higher than its 50-day moving average of $56.33 and way higher than its 200-day moving average of $52.27.

2. Microsoft (MSFT)

10.6% sales growth and 38.6% return on equity

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions. The Intelligent Cloud segment licenses SQL, Windows Servers, Visual Studio, System Center, and related Client Access Licenses; GitHub that provides a collaboration platform and code hosting service for developers; Nuance provides healthcare and enterprise AI solutions; and Azure, a cloud platform. It also offers enterprise support, Microsoft consulting, and nuance professional services to assist customers in developing, deploying, and managing Microsoft server and desktop solutions; and training and certification on Microsoft products. The More Personal Computing segment provides Windows original equipment manufacturer (OEM) licensing and other non-volume licensing of the Windows operating system; Windows Commercial, such as volume licensing of the Windows operating system, Windows cloud services, and other Windows commercial offerings; patent licensing; and Windows Internet of Things. It also offers Surface, PC accessories, PCs, tablets, gaming and entertainment consoles, and other devices; Gaming, including Xbox hardware, and Xbox content and services; video games and third-party video game royalties; and Search, including Bing and Microsoft advertising. The company sells its products through OEMs, distributors, and resellers; and directly through digital marketplaces, online stores, and retail stores. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.

Earnings Per Share

As for profitability, Microsoft has a trailing twelve months EPS of $9.24.

PE Ratio

Microsoft has a trailing twelve months price to earnings ratio of 34.97. Meaning, the purchaser of the share is investing $34.97 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 38.6%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 16, 2023, the estimated forward annual dividend rate is 2.72 and the estimated forward annual dividend yield is 0.82%.

Moving Average

Microsoft’s value is above its 50-day moving average of $300.68 and way above its 200-day moving average of $261.21.

Previous days news about Microsoft(MSFT)

  • According to MarketWatch on Monday, 5 June, "The company said earlier that it was collaborating with Microsoft Corp. for the upcoming launch of the companies’ Operator Connect for Microsoft Teams Phone offering, which Lumen said will help more companies facing challenges of modernizing their hybrid workforce. "
  • According to Zacks on Tuesday, 6 June, "The introduction of Apple Vision Pro intensifies competition in the mixed reality domain that is currently dominated by the likes of Microsoft (MSFT Quick QuoteMSFT – Free Report) HoloLens, Meta Platforms’ (META Quick QuoteMETA – Free Report) Oculus, HP (HPQ Quick QuoteHPQ – Free Report) and others."
  • According to Zacks on Monday, 5 June, "As of the end of December 2022, BAFAX had 44 issues and 6.31% of its net assets invested in Microsoft Corp."

3. The Hershey Company (HSY)

8.6% sales growth and 53.3% return on equity

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.

Earnings Per Share

As for profitability, The Hershey Company has a trailing twelve months EPS of $8.25.

PE Ratio

The Hershey Company has a trailing twelve months price to earnings ratio of 30.71. Meaning, the purchaser of the share is investing $30.71 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 53.3%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.1%, now sitting on 10.74B for the twelve trailing months.

Moving Average

The Hershey Company’s worth is below its 50-day moving average of $256.71 and above its 200-day moving average of $236.05.

Yearly Top and Bottom Value

The Hershey Company’s stock is valued at $253.38 at 06:22 EST, below its 52-week high of $276.88 and way higher than its 52-week low of $201.42.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 17, 2023, the estimated forward annual dividend rate is 4.14 and the estimated forward annual dividend yield is 1.51%.

4. Kirby Corporation (KEX)

7.4% sales growth and 4.86% return on equity

Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation services and towing vessels transporting bulk liquid products, as well as operates tank barges throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii. This segment also transports petrochemicals, black oil, refined petroleum products, and agricultural chemicals by tank barges; and operates offshore dry-bulk barge and tugboat units that are engaged in the offshore transportation of dry-bulk cargoes in the United States coastal trade. As of December 31, 2019, this segment owned and operated 1,053 inland tank barges with 23.4 million barrels of capacity, 299 inland towboats, 49 coastal tank barges with 4.7 million barrels of capacity, 47 coastal tugboats, 4 offshore dry-bulk cargo barges, 4 offshore tugboats, and 1 docking tugboat. The company's Distribution and Services segment sells replacement parts; provides service mechanics to overhaul and repair engines, transmissions, reduction gears, and related oilfield services equipment; rebuilds component parts or diesel engines, transmissions and reduction gears, and related equipment used in oilfield services, marine, power generation, on-highway, and other industrial applications; rents industrial compressors, railcar movers, and high capacity lift trucks; and manufactures and remanufactures oilfield service equipment, including pressure pumping units. It serves oilfield service, on-highway transportation, marine transportation, commercial fishing, construction, and power generation companies, as well as oil and gas operators and producers, and the United States government. The company was formerly known as Kirby Exploration Company, Inc. and changed its name to Kirby Corporation in 1990. Kirby Corporation was founded in 1921 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Kirby Corporation has a trailing twelve months EPS of $2.44.

PE Ratio

Kirby Corporation has a trailing twelve months price to earnings ratio of 31.32. Meaning, the purchaser of the share is investing $31.32 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 4.86%.

5. Flowers Foods (FLO)

6.5% sales growth and 14.62% return on equity

Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley's, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries comprising 44 owned and two leased. Its customers include mass merchandisers, supermarkets and other retailers, convenience stores, national and regional restaurants, quick-serve chains, retail in-store bakeries, foodservice distributors, food wholesalers, institutions, dollar stores, and vending companies. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.

Earnings Per Share

As for profitability, Flowers Foods has a trailing twelve months EPS of $1.07.

PE Ratio

Flowers Foods has a trailing twelve months price to earnings ratio of 23.31. Meaning, the purchaser of the share is investing $23.31 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 14.62%.

Moving Average

Flowers Foods’s value is under its 50-day moving average of $27.18 and under its 200-day moving average of $27.49.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.9%, now sitting on 4.9B for the twelve trailing months.

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