(VIANEWS) – Cummins (CMI), Terex Corporation (TEX), Alphabet (GOOGL) 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. Cummins (CMI)
19.7% sales growth and 25.35% return on equity
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Earnings Per Share
As for profitability, Cummins has a trailing twelve months EPS of $17.74.
PE Ratio
Cummins has a trailing twelve months price to earnings ratio of 13.4. Meaning, the purchaser of the share is investing $13.4 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 25.35%.
Sales Growth
Cummins’s sales growth is 27.1% for the present quarter and 19.7% for the next.
2. Terex Corporation (TEX)
14% sales growth and 29.71% return on equity
Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products include portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, scissor lifts, utility equipment, and telehandlers, as well as related components and replacement parts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, utility and telecommunication lines, construction and foundation drilling applications, and other commercial operations, as well as in tree trimming and various infrastructure projects. The MP segment's materials processing and specialty equipment includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands and business lines. Its products are used in construction, infrastructure, and recycling projects; quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries. The company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was incorporated in 1986 and is based in Norwalk, Connecticut.
Earnings Per Share
As for profitability, Terex Corporation has a trailing twelve months EPS of $5.18.
PE Ratio
Terex Corporation has a trailing twelve months price to earnings ratio of 11.79. Meaning, the purchaser of the share is investing $11.79 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 29.71%.
Yearly Top and Bottom Value
Terex Corporation’s stock is valued at $61.08 at 11:23 EST, below its 52-week high of $65.64 and way above its 52-week low of $28.82.
3. Alphabet (GOOGL)
11.3% sales growth and 22.76% return on equity
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, cybersecurity, data, analytics, AI, and machine learning, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded in 1998 and is headquartered in Mountain View, California.
Earnings Per Share
As for profitability, Alphabet has a trailing twelve months EPS of $4.4.
PE Ratio
Alphabet has a trailing twelve months price to earnings ratio of 29.26. Meaning, the purchaser of the share is investing $29.26 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 22.76%.
Previous days news about Alphabet(GOOGL)
- Zacks earnings trends highlights: Amazon, meta platforms and Alphabet. According to Zacks on Thursday, 10 August, "You can see this in how estimates for the current period (2023 Q3) have been evolving in recent days for some of this year’s market leaders like Amazon (AMZN Quick QuoteAMZN – Free Report) , Meta Platforms (META Quick QuoteMETA – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) and others."
- According to Zacks on Thursday, 10 August, "Shares of Apple Inc. ((AAPL Quick QuoteAAPL – Free Report) ) declined 0.9%, while Alphabet Inc. ((GOOGL Quick QuoteGOOGL – Free Report) ) fell 1.3%."
- According to Zacks on Wednesday, 9 August, "One of its key collaborations is with Google, a subsidiary of Alphabet (GOOGL Quick QuoteGOOGL – Free Report) , to implement the latter’s deep learning method, DeepConsensus, in Revio. "
4. ITT Corporation (ITT)
8.1% sales growth and 18.01% return on equity
ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, light- and heavy-duty commercial and military vehicles, buses, and rail. The Industrial Process segment designs and manufactures industrial pumps, valves, and plant optimization systems; and centrifugal process pumps, twin screw, axials, and positive displacement pumps, and water systems, as well as aftermarket solutions, such as repairs and upgrades services. It serves various customers in industries, such as chemical, oil and gas, mining, and other industrial process markets. The Connect & Control Technologies segment designs and manufactures a range of engineered connectors and specialized control components for critical applications supporting various markets, including aerospace and defense, industrial, transportation, medical, and oil and gas. The connector product portfolio includes electrical connectors, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniature, and cable assemblies; and control products consist of fuel and water pumps, valves, electro-mechanical rotary and linear actuators, and pressure, temperature, limit, and flow switches for various aircraft systems. ITT Inc. was founded in 1920 and is headquartered in White Plains, New York.
Earnings Per Share
As for profitability, ITT Corporation has a trailing twelve months EPS of $4.72.
PE Ratio
ITT Corporation has a trailing twelve months price to earnings ratio of 20.96. Meaning, the purchaser of the share is investing $20.96 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 18.01%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 7, 2023, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 1.18%.
Volume
Today’s last reported volume for ITT Corporation is 581490 which is 38.18% above its average volume of 420795.
5. OUTFRONT Media (OUT)
7% sales growth and 9.24% return on equity
OUTFRONT leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.
Earnings Per Share
As for profitability, OUTFRONT Media has a trailing twelve months EPS of $0.69.
PE Ratio
OUTFRONT Media has a trailing twelve months price to earnings ratio of 22.18. Meaning, the purchaser of the share is investing $22.18 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 9.24%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6%, now sitting on 1.79B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 31, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 7.87%.
6. Owens (OI)
6.2% sales growth and 47.84% return on equity
O-I Glass, Inc., through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. The company was founded in 1903 and is headquartered in Perrysburg, Ohio.
Earnings Per Share
As for profitability, Owens has a trailing twelve months EPS of $4.36.
PE Ratio
Owens has a trailing twelve months price to earnings ratio of 5.28. Meaning, the purchaser of the share is investing $5.28 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 47.84%.
7. Dollar Tree (DLTR)
5.1% sales growth and 16.08% return on equity
Dollar Tree, Inc. operates discount variety retail stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise. It operates stores under the Dollar Tree and Dollar Tree Canada brands, as well as distribution centers in the United States and Canada. The Family Dollar segment operates general merchandise retail discount stores that offer consumable merchandise, which comprise food and beverages, tobacco, health and personal care, household chemicals, paper products, hardware and automotive supplies, diapers, batteries, and pet food and supplies; and home products, including housewares, home décor, and giftware, as well as domestics, such as comforters, sheets, and towels. It also provides apparel and accessories merchandise comprising clothing, fashion accessories, and shoes; and seasonal and electronics merchandise that include Christmas, Easter, Halloween, and Valentine's Day merchandise, as well as personal electronics, which comprise pre-paid cellular phones and services, stationery and school supplies, and toys. The company was founded in 1986 and is based in Chesapeake, Virginia.
Earnings Per Share
As for profitability, Dollar Tree has a trailing twelve months EPS of $6.18.
PE Ratio
Dollar Tree has a trailing twelve months price to earnings ratio of 23.92. Meaning, the purchaser of the share is investing $23.92 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 16.08%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Dollar Tree’s EBITDA is 70.59.
Yearly Top and Bottom Value
Dollar Tree’s stock is valued at $147.85 at 11:23 EST, way below its 52-week high of $171.39 and way above its 52-week low of $128.85.
