(VIANEWS) – Bank OZK (OZK), ServiceNow (NOW), Nordic American Tankers Limited (NAT) 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. Bank OZK (OZK)
23.4% sales growth and 12.72% return on equity
Bank OZK provides various retail and commercial banking services. The company accepts various deposit products, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. It also offers real estate, consumer and business purpose, indirect recreational vehicle and marine, commercial and industrial, government guaranteed, agricultural, small business, homebuilder, and affordable housing loans; business aviation and subscription financing services; and mortgage and other lending products. The company also provides trust and wealth services, such as personal, custodial, investment management, and retirement accounts, as well as corporate trust services comprising trustee, paying and registered transfer agent, and other incidental services. In addition, it offers treasury management services comprising automated clearing house, wire transfer, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, reconciliation, positive pay, and merchant and commercial card services, as well as zero balance and investment sweep accounts. Further, the company provides ATMs; telephone, online, and mobile banking services; debit and credit cards; safe deposit boxes; and other products and services, as well as processes merchant debit and credit card transactions. As of December 31, 2020, it operated approximately 250 offices in Arkansas, Georgia, Florida, North Carolina, Texas, South Carolina, California, New York, and Mississippi. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.
Earnings Per Share
As for profitability, Bank OZK has a trailing twelve months EPS of $4.91.
PE Ratio
Bank OZK has a trailing twelve months price to earnings ratio of 7.83. Meaning, the purchaser of the share is investing $7.83 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 12.72%.
2. ServiceNow (NOW)
21.9% 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 $1.87.
PE Ratio
ServiceNow has a trailing twelve months price to earnings ratio of 287.99. Meaning, the purchaser of the share is investing $287.99 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.7%, now sitting on 7.62B for the twelve trailing months.
Volume
Today’s last reported volume for ServiceNow is 372462 which is 77.55% below its average volume of 1659660.
Moving Average
ServiceNow’s value is way higher than its 50-day moving average of $483.08 and way above its 200-day moving average of $431.77.
Previous days news about ServiceNow(NOW)
- According to Zacks on Monday, 12 June, "This Zacks Rank #1 company has launched generative AI capabilities - ServiceNow Generative AI Controller and Now Assist for Search - for the Now platform that helps deliver faster and more intelligent workflow automation."
- According to Zacks on Monday, 12 June, "Some better-ranked stocks from the broader Computer and Technology sector are Meta Platforms (META Quick QuoteMETA – Free Report) , ServiceNow (NOW Quick QuoteNOW – Free Report) and Momo (MOMO Quick QuoteMOMO – Free Report) . ", "While Meta and ServiceNow sport a Zacks Rank #1 (Strong Buy), Momo carries a Zacks Rank #2 (Buy) at present. "
3. Nordic American Tankers Limited (NAT)
19.2% sales growth and 16.99% return on equity
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 23 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. Nordic American Tankers Limited was founded in 1995 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Nordic American Tankers Limited has a trailing twelve months EPS of $0.43.
PE Ratio
Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 8.47. Meaning, the purchaser of the share is investing $8.47 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 16.99%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 16.35%.
Sales Growth
Nordic American Tankers Limited’s sales growth is 95% for the ongoing quarter and 19.2% for the next.
Moving Average
Nordic American Tankers Limited’s worth is higher than its 50-day moving average of $3.62 and higher than its 200-day moving average of $3.39.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 800% and 80%, respectively.
4. Hartford Financial Services Group (HIG)
9.8% sales growth and 12.61% return on equity
The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
Earnings Per Share
As for profitability, Hartford Financial Services Group has a trailing twelve months EPS of $5.8.
PE Ratio
Hartford Financial Services Group has a trailing twelve months price to earnings ratio of 12.29. Meaning, the purchaser of the share is investing $12.29 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 12.61%.
5. Badger Meter (BMI)
9% sales growth and 16.49% return on equity
Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. In addition, the company offers ORION Migratable for automatic meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading solution, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. It also serves water utilities, industrial, and other industries. The company sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was founded in 1905 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Badger Meter has a trailing twelve months EPS of $2.48.
PE Ratio
Badger Meter has a trailing twelve months price to earnings ratio of 57.97. Meaning, the purchaser of the share is investing $57.97 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 16.49%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.2%, now sitting on 592.27M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 12.3% and 16.4%, respectively.
Previous days news about Badger Meter(BMI)
- According to Zacks on Monday, 12 June, "Some better-ranked stocks in the broader technology space are Dropbox (DBX Quick QuoteDBX – Free Report) , Badger Meter (BMI Quick QuoteBMI – Free Report) and Blackbaud (BLKB Quick QuoteBLKB – Free Report) . ", "Dropbox currently sports a Zacks Rank #1 (Strong Buy) while Badger Meter and Blackbaud carry a Zacks Rank #2 (Buy). "
- According to Zacks on Monday, 12 June, "Some other top-ranked stocks in the broader technology space are Dropbox (DBX Quick QuoteDBX – Free Report) , Badger Meter (BMI Quick QuoteBMI – Free Report) and Blackbaud (BLKB Quick QuoteBLKB – Free Report) . ", "Dropbox sports a Zacks Rank #1, whereas Badger Meter and Blackbaud hold a Zacks Rank #2 (Buy)."
6. Mistras Group (MG)
6.7% sales growth and 3.53% return on equity
Mistras Group, Inc. provides technology-enabled asset protection solutions worldwide. The company operates through three segments: Services, International, and Products and Systems. It offers non-destructive testing services, as well as predictive maintenance assessments of fixed and rotating assets and inline inspection for pipelines; and engineering consulting services primarily for process equipment, technologies, and facilities. The company also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; develops enterprise inspection database management software and plant condition management software for process industries and equipment; and utilizes scaffolding and rope access to access at-height and confined assets. In addition, it offers certified divers for subsea inspection and maintenance; unmanned aerial, land-based, and subsea systems for a range of inspection applications; online condition-monitoring solutions; various Web-based solutions; and custom-developed software for an automated data analysis. Further, the company provides quality assurance and quality control solutions for new and existing metal and alloy components, materials, and composites. The company also designs, manufactures, sells acoustic emission sensors, instruments, and turnkey systems for monitoring and testing materials, pressure components, processes, and structures, as well as automated ultrasonic systems and scanners. It serves oil and gas, commercial aerospace and defense, fossil and nuclear power, alternative and renewable energy, public infrastructure, chemicals, transportation, primary metals and metalworking, pharmaceutical/biotechnology, and food processing industries, as well as research and engineering institutions. Mistras Group, Inc. was founded in 1978 and is headquartered in Princeton Junction, New Jersey.
Earnings Per Share
As for profitability, Mistras Group has a trailing twelve months EPS of $0.23.
PE Ratio
Mistras Group has a trailing twelve months price to earnings ratio of 32.17. Meaning, the purchaser of the share is investing $32.17 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 3.53%.
Sales Growth
Mistras Group’s sales growth is 6% for the present quarter and 6.7% for the next.
7. Novartis AG (NVS)
6% sales growth and 12.35% return on equity
Novartis AG researches, develops, manufactures, and markets healthcare products in Switzerland and internationally. The company operates through two segments: Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and physicians. It also provides cardiovascular, ophthalmology, neuroscience, immunology, hematology, and solid tumor products. The Sandoz segment develops, manufactures, and markets finished dosage forms of small molecule pharmaceuticals to third parties. It also provides protein- or other biotechnology-based products, including biosimilars; and biotechnology manufacturing services; and anti-infectives, such as active pharmaceutical ingredients and intermediates primarily antibiotics. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran, a therapy to reduce LDL cholesterol. Novartis AG was incorporated in 1996 and is headquartered in Basel, Switzerland.
Earnings Per Share
As for profitability, Novartis AG has a trailing twelve months EPS of $3.33.
PE Ratio
Novartis AG has a trailing twelve months price to earnings ratio of 29.98. Meaning, the purchaser of the share is investing $29.98 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 12.35%.
Volume
Today’s last reported volume for Novartis AG is 1529330 which is 32.1% below its average volume of 2252570.
8. Franklin Covey Company (FC)
5.1% sales growth and 21.57% return on equity
Franklin Covey Co. provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through three segments: Direct Offices, International Licensees, and Education Practice. It also provides a suite of individual-effectiveness and leadership-development training and products. The company was incorporated in 1983 and is headquartered in Salt Lake City, Utah.
Earnings Per Share
As for profitability, Franklin Covey Company has a trailing twelve months EPS of $1.3.
PE Ratio
Franklin Covey Company has a trailing twelve months price to earnings ratio of 28.46. Meaning, the purchaser of the share is investing $28.46 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 21.57%.
Yearly Top and Bottom Value
Franklin Covey Company’s stock is valued at $37.00 at 06:22 EST, way below its 52-week high of $54.70 and higher than its 52-week low of $34.00.
Volume
Today’s last reported volume for Franklin Covey Company is 106857 which is 16.6% above its average volume of 91641.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.1%, now sitting on 276.11M for the twelve trailing months.
