(VIANEWS) – Allete (ALE), Apollo Commercial Real Estate Finance (ARI), Arista Networks (ANET) 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. Allete (ALE)
36.7% sales growth and 3.77% return on equity
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, hydroelectric, natural gas-fired, biomass co-fired, and solar. The company provides regulated utility electric service in northeastern Minnesota to approximately 145,000 retail customers, as well as 15 non-affiliated municipal customers; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 660 megawatt of wind energy generation. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 8,875 megavoltamperes. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
Earnings Per Share
As for profitability, Allete has a trailing twelve months EPS of $3.34.
PE Ratio
Allete has a trailing twelve months price to earnings ratio of 18.07. Meaning, the purchaser of the share is investing $18.07 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 3.77%.
Sales Growth
Allete’s sales growth is 28.7% for the present quarter and 36.7% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Allete’s EBITDA is 2.99.
2. Apollo Commercial Real Estate Finance (ARI)
26.9% sales growth and 13% return on equity
Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT) that primarily originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes, if the company distributes at least 90% of its REIT taxable income to its stockholders. Apollo Commercial Real Estate Finance, Inc. was founded in 2009 and is based in New York, New York.
Earnings Per Share
As for profitability, Apollo Commercial Real Estate Finance has a trailing twelve months EPS of $1.99.
PE Ratio
Apollo Commercial Real Estate Finance has a trailing twelve months price to earnings ratio of 5.31. Meaning, the purchaser of the share is investing $5.31 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 13%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 13.53%.
3. Arista Networks (ANET)
17.9% sales growth and 31.99% return on equity
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, telecommunication service providers, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.
Earnings Per Share
As for profitability, Arista Networks has a trailing twelve months EPS of $4.79.
PE Ratio
Arista Networks has a trailing twelve months price to earnings ratio of 35.05. Meaning, the purchaser of the share is investing $35.05 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 31.99%.
Sales Growth
Arista Networks’s sales growth is 30.9% for the current quarter and 17.9% for the next.
Volume
Today’s last reported volume for Arista Networks is 2020320 which is 37.61% below its average volume of 3238280.
4. Blackstone Mortgage Trust (BXMT)
15.9% sales growth and 5.84% return on equity
Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company operates as a real estate investment trust for federal income tax purposes. It generally would not be subject to U.S. federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013. Blackstone Mortgage Trust, Inc. was founded in 1966 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Blackstone Mortgage Trust has a trailing twelve months EPS of $1.62.
PE Ratio
Blackstone Mortgage Trust has a trailing twelve months price to earnings ratio of 11.55. Meaning, the purchaser of the share is investing $11.55 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 5.84%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 1.5% and a negative 7%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 2.48 and the estimated forward annual dividend yield is 13.63%.
Sales Growth
Blackstone Mortgage Trust’s sales growth is 15.7% for the current quarter and 15.9% for the next.
Volume
Today’s last reported volume for Blackstone Mortgage Trust is 1422970 which is 56.06% below its average volume of 3238510.
