(VIANEWS) – DXP Enterprises (DXPE), Paylocity Holding Corporation (PCTY), Fortinet (FTNT) 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. DXP Enterprises (DXPE)
36% sales growth and 14.47% return on equity
DXP Enterprises, Inc., together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services to the energy and industrial customers primarily in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS). The SC segment offers MRO products, equipment, and integrated services, including technical expertise and logistics services. It offers a range of MRO products in the rotating equipment, bearing, power transmission, hose, fluid power, metal working, fastener, industrial supply, safety products, and safety services categories. This segment serves customers in the oil and gas, food and beverage, petrochemical, transportation, other general industrial, mining, construction, chemical, municipal, agriculture, and pulp and paper industries. The SCS segment manages procurement and inventory management solutions; and offers outsourced MRO solutions for sourcing MRO products, including inventory optimization and management, store room management, transaction consolidation and control, vendor oversight and procurement cost optimization, productivity improvement, and customized reporting services. Its programs include SmartAgreement, a procurement solution for various MRO categories; SmartBuy, an on-site or centralized MRO procurement solution; SmartSource, an on-site procurement and storeroom management solution; SmartStore, an e-Catalog solution; SmartVend, an industrial dispensing solution; and SmartServ, an integrated service pump solution. The IPS segment fabricates and assembles custom-made pump packages, remanufactures pumps, and manufactures branded private label pumps. The company was founded in 1908 and is based in Houston, Texas.
Earnings Per Share
As for profitability, DXP Enterprises has a trailing twelve months EPS of $2.75.
PE Ratio
DXP Enterprises has a trailing twelve months price to earnings ratio of 13.54. Meaning, the purchaser of the share is investing $13.54 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 14.47%.
Yearly Top and Bottom Value
DXP Enterprises’s stock is valued at $37.23 at 20:23 EST, below its 52-week high of $39.89 and way higher than its 52-week low of $22.06.
Earnings Before Interest, Taxes, Depreciation, and Amortization
DXP Enterprises’s EBITDA is 24.34.
Volume
Today’s last reported volume for DXP Enterprises is 61541 which is 53.85% below its average volume of 133372.
Sales Growth
DXP Enterprises’s sales growth is 29.1% for the present quarter and 36% for the next.
2. Paylocity Holding Corporation (PCTY)
32% sales growth and 17.8% return on equity
Paylocity Holding Corporation provides cloud-based payroll and human capital management software solutions for medium-sized organizations in the United States. The company offers Payroll and Tax Services solution to simplify payroll, automate processes and manage compliance requirements within one system; expense management, on demand payment, and garnishment solutions; human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution, which tracks time and attendance data, eliminating the need for manual tracking of accruals and reducing administrative tasks; schedule tracking services; and time collection devices, including kiosks, time clocks, and mobile and web applications. In addition, the company offers talent management solutions comprising recruiting and onboarding, as well as learning, performance, and compensation management; employee benefits management and third-party administrative solutions; modern workforce solutions consisting of community, premium video, survey, and peer recognition; and analytics and insights solutions covering modern workforce index, data insights, and reporting. Further, it provides implementation and training, client, and tax and regulatory services. The company's clients include for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. It sells its products through sales representatives. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.
Earnings Per Share
As for profitability, Paylocity Holding Corporation has a trailing twelve months EPS of $2.11.
PE Ratio
Paylocity Holding Corporation has a trailing twelve months price to earnings ratio of 106.62. Meaning, the purchaser of the share is investing $106.62 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 17.8%.
3. Fortinet (FTNT)
23% sales growth and 789.86% return on equity
Fortinet, Inc. provides cybersecurity and networking solutions worldwide. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides centralized network logging, analyzing and reporting solutions. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiAuthenticator, a zero trust access solution; FortiGate VM, a network firewall virtual appliance; FortiToken, product family for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both machine-learning anti-malware protection and remediation. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.
Earnings Per Share
As for profitability, Fortinet has a trailing twelve months EPS of $1.18.
PE Ratio
Fortinet has a trailing twelve months price to earnings ratio of 48.28. Meaning, the purchaser of the share is investing $48.28 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 789.86%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 41.7% and 9.1%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 32.2%, now sitting on 4.72B for the twelve trailing months.
Previous days news about Fortinet(FTNT)
- According to Zacks on Thursday, 3 August, "Some other top-ranked stocks from the broader technology sector are NVIDIA (NVDA Quick QuoteNVDA – Free Report) , Fortinet (FTNT Quick QuoteFTNT – Free Report) and Salesforce (CRM Quick QuoteCRM – Free Report) . ", "NVIDIA and Fortinet each sport a Zacks Rank #1 (Strong Buy), while Salesforce carries a Zacks Rank #2. "
- Fortinet (ftnt) tops Q2 earnings estimates. According to Zacks on Thursday, 3 August, "While Fortinet has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
- Fortinet (ftnt) reports Q2 earnings: what key metrics have to say. According to Zacks on Thursday, 3 August, "For the quarter ended June 2023, Fortinet (FTNT Quick QuoteFTNT – Free Report) reported revenue of $1.29 billion, up 25.5% over the same period last year. ", "Here is how Fortinet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"
- According to Zacks on Thursday, 3 August, "Some better-ranked stocks from the broader technology sector are NVIDIA (NVDA Quick QuoteNVDA – Free Report) , Fortinet (FTNT Quick QuoteFTNT – Free Report) and Salesforce (CRM Quick QuoteCRM – Free Report) . ", "NVIDIA and Fortinet each sport a Zacks Rank #1 (Strong Buy), while Salesforce carries a Zacks Rank #2 (Buy). "
4. H&E Equipment Services (HEES)
14% sales growth and 39.31% return on equity
H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis through a fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment sells used equipment through retail sales force primarily from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional in-house retail sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment serves its rental fleet and equipment owned customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of hi-lift or aerial work platforms, cranes, earthmoving and material handling equipment, and others. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of December 31, 2021, the company had a network of 102 service facilities in the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
Earnings Per Share
As for profitability, H&E Equipment Services has a trailing twelve months EPS of $3.96.
PE Ratio
H&E Equipment Services has a trailing twelve months price to earnings ratio of 11.71. Meaning, the purchaser of the share is investing $11.71 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 39.31%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.4%, now sitting on 1.29B for the twelve trailing months.
Moving Average
H&E Equipment Services’s worth is way above its 50-day moving average of $40.86 and higher than its 200-day moving average of $42.41.
Yearly Top and Bottom Value
H&E Equipment Services’s stock is valued at $46.39 at 20:23 EST, way under its 52-week high of $56.47 and way above its 52-week low of $26.94.
5. Essent Group Ltd. (ESNT)
9.4% sales growth and 16.43% return on equity
Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; underwriting consulting; and contract underwriting services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. The company was founded in 2008 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Essent Group Ltd. has a trailing twelve months EPS of $6.79.
PE Ratio
Essent Group Ltd. has a trailing twelve months price to earnings ratio of 7.33. Meaning, the purchaser of the share is investing $7.33 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 16.43%.
6. Timken Company (TKR)
8.5% sales growth and 17.57% return on equity
The Timken Company designs, manufactures, and manages engineered bearings and power transmission products worldwide. It operates in two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, and lubrication devices and systems, as well as power transmission components, engineered chains, augers, belts, couplings, clutches, brakes, and related products and maintenance services to original equipment manufacturers (OEMs) and end-users of off-highway equipment for the agricultural, construction, mining, outdoor power equipment, and power sports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives. It also provides power transmission systems and flight-critical components for civil and military aircraft, which include bearings, rotor-head assemblies, helicopter transmission systems, turbine engine components, gears, and housings. This segment sells its parts through a network of authorized automotive and heavy-truck distributors to individual end-users, equipment owners, operators, and maintenance shops. The Process Industries segment provides industrial bearings and assemblies; power transmission components, such as gears and gearboxes; and linear motion products, couplings, seals, lubricants, chains, belts, and related products and services to OEMs and end-users in various industries. It also offers aftermarket sales and service needs through a network of authorized industrial distributors; and repair and service for bearings and gearboxes, as well as electric motor rewind, repair, and services to end-users. The company offers its products under the Timken, Philadelphia Gear, Drives, Cone Drive, Rollon, Lovejoy, Diamond, BEKA, and Groeneveld brands. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.
Earnings Per Share
As for profitability, Timken Company has a trailing twelve months EPS of $5.59.
PE Ratio
Timken Company has a trailing twelve months price to earnings ratio of 16.62. Meaning, the purchaser of the share is investing $16.62 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 17.57%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 24.6% and 16.4%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Timken Company’s EBITDA is 32.31.
7. Public Storage (PSA)
8.4% sales growth and 43.83% return on equity
Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At March 31, 2023, we had: (i) interests in 2,877 self-storage facilities located in 40 states with approximately 205 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels:SHUR), which owned 266 self-storage facilities located in seven Western European nations with approximately 15 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.
Earnings Per Share
As for profitability, Public Storage has a trailing twelve months EPS of $23.53.
PE Ratio
Public Storage has a trailing twelve months price to earnings ratio of 11.71. Meaning, the purchaser of the share is investing $11.71 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 43.83%.
Sales Growth
Public Storage’s sales growth is 8.8% for the present quarter and 8.4% for the next.
Previous days news about Public Storage(PSA)
- Public storage (psa) Q2 earnings: taking a look at key metrics versus estimates. According to Zacks on Wednesday, 2 August, "Here is how Public Storage performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"
- Public storage (psa) Q2 FFO beat estimates, view raised. According to Zacks on Thursday, 3 August, "In the second quarter, Public Storage acquired 11 self-storage facilities, comprising 0.9 million net rentable square feet of area, for $144 million."
8. Merchants Bancorp (MBIN)
7.2% sales growth and 16.67% return on equity
Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products comprising checking, savings, money market, certificates of deposit, and time deposit accounts; and multi-family construction and bridge, commercial real estate, commercial and industrial, residential mortgage, and consumer loan products. This segment also engages in the agricultural lending, small business administration lending, single-family mortgage lending, and correspondent lending and servicing businesses. It operates 16 branches in various states, including Indiana, Illinois, Florida, New York, and Minnesota. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
Earnings Per Share
As for profitability, Merchants Bancorp has a trailing twelve months EPS of $4.52.
PE Ratio
Merchants Bancorp has a trailing twelve months price to earnings ratio of 6.47. Meaning, the purchaser of the share is investing $6.47 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 16.67%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 1.09%.
Volume
Today’s last reported volume for Merchants Bancorp is 62910 which is 9.91% below its average volume of 69834.
