(VIANEWS) – Ormat Technologies (ORA), ServiceNow (NOW), Old Second Bancorp (OSBC) 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. Ormat Technologies (ORA)
25% sales growth and 4.05% return on equity
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal, recovered energy-based electricity generation; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers energy storage and related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.
Earnings Per Share
As for profitability, Ormat Technologies has a trailing twelve months EPS of $1.35.
PE Ratio
Ormat Technologies has a trailing twelve months price to earnings ratio of 59.96. Meaning, the purchaser of the share is investing $59.96 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 4.05%.
Moving Average
Ormat Technologies’s worth is below its 50-day moving average of $83.58 and under its 200-day moving average of $86.96.
2. ServiceNow (NOW)
22.5% 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 $1.97.
PE Ratio
ServiceNow has a trailing twelve months price to earnings ratio of 294.03. Meaning, the purchaser of the share is investing $294.03 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%.
Yearly Top and Bottom Value
ServiceNow’s stock is valued at $579.24 at 01:22 EST, under its 52-week high of $614.36 and way higher than its 52-week low of $337.00.
Moving Average
ServiceNow’s value is above its 50-day moving average of $552.81 and way higher than its 200-day moving average of $455.46.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 30.1% and 18%, respectively.
Previous days news about ServiceNow(NOW)
- Zacks.com featured highlights include lululemon athletica, coca cola femsa, hilton worldwide, super micro computer and ServiceNow. According to Zacks on Monday, 31 July, "Chicago, IL - July 31, 2023 - Stocks in this week’s article are lululemon athletica (LULU Quick QuoteLULU – Free Report) , Coca Cola Femsa (KOF Quick QuoteKOF – Free Report) , Hilton Worldwide (HLT Quick QuoteHLT – Free Report) , Super Micro Computer (SMCI Quick QuoteSMCI – Free Report) and ServiceNow (NOW Quick QuoteNOW – Free Report) ."
- According to Zacks on Monday, 31 July, "To that end, stocks like MI Homes (MHO Quick QuoteMHO – Free Report) , Federal Signal (FSS Quick QuoteFSS – Free Report) and ServiceNow (NOW Quick QuoteNOW – Free Report) have been selected as the momentum picks for the day using the Driehaus strategy."
3. Old Second Bancorp (OSBC)
19.8% sales growth and 16.4% return on equity
Old Second Bancorp, Inc. operates as the bank holding company for Old Second National Bank that provides community banking services. It provides demand, NOW, money market, savings, time deposit, individual retirement, and checking accounts, as well as certificate of deposit accounts. The company also offers commercial loans; lease financing receivables; commercial real estate loans; construction loans; residential real estate loans, such as residential first mortgage and second mortgage loans; home equity line of credit; consumer loans, including motor vehicle, home improvement, and signature loans; installment and agricultural loans; residential mortgages; and overdraft checking. Further, it provides safe deposit services; trust and wealth management services; and money orders, cashier's checks, foreign currency, direct deposits, discount brokerage, debit and credit cards, and other services, as well as acquires the U.S. treasury notes and bonds. In addition, the company offers online and mobile banking; corporate cash management products, including remote and mobile deposits capture, investment sweep accounts, zero balance accounts, automated tax payments, automatic teller machines access, telephone banking, lockbox accounts, automated clearing house transactions, account reconciliation, controlled disbursement, detail and general information reporting, foreign and domestic wire transfers, and vault services for currency and coin; and investment, agency, and custodial services for individual, corporate, and not-for-profit clients. It operates through 63 banking centers in Cook, DeKalb, DuPage, Kane, Kendall, LaSalle, and Will counties in Illinois. Old Second Bancorp, Inc. was incorporated in 1981 and is headquartered in Aurora, Illinois.
Earnings Per Share
As for profitability, Old Second Bancorp has a trailing twelve months EPS of $1.74.
PE Ratio
Old Second Bancorp has a trailing twelve months price to earnings ratio of 8.49. Meaning, the purchaser of the share is investing $8.49 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 16.4%.
4. AptarGroup (ATR)
7.9% sales growth and 11.23% return on equity
AptarGroup, Inc. provides a range of packaging, dispensing, and sealing solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Pharma, Beauty + Home, and Food + Beverage. The Pharma segment provides pumps for nasal allergy treatments; and metered dose inhaler valves for respiratory ailments, such as asthma and chronic obstructive pulmonary diseases in pharmaceutical market; elastomer for injectable primary packaging components; and active packaging products. The Beauty + Home segment primarily sells pumps, closures, aerosol valves, accessories, and sealing solutions to the personal care and home care markets; and pumps and decorative components to the beauty market. The Food + Beverage segment offers dispensing and non-dispensing closures, elastomeric flow control components, spray pumps, and aerosol valves to the food and beverage markets. The company sells its products through own sales force, as well as independent representatives and distributors in Asia, Europe, Latin America, and North America. AptarGroup, Inc. has a strategic partnership with PureCycle Technologies LLC to develop ultra-pure recycled polypropylene into dispensing applications; and a collaboration with Sonmol for developing a digital therapies and services platform targeting respiratory and other diseases. The company was incorporated in 1992 and is headquartered in Crystal Lake, Illinois.
Earnings Per Share
As for profitability, AptarGroup has a trailing twelve months EPS of $3.48.
PE Ratio
AptarGroup has a trailing twelve months price to earnings ratio of 34.24. Meaning, the purchaser of the share is investing $34.24 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 11.23%.
Sales Growth
AptarGroup’s sales growth is 6.4% for the ongoing quarter and 7.9% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AptarGroup’s EBITDA is 61.69.
Yearly Top and Bottom Value
AptarGroup’s stock is valued at $119.14 at 01:22 EST, under its 52-week high of $122.50 and way above its 52-week low of $90.23.