(VIANEWS) – Pinduoduo (PDD), Agree Realty Corporation (ADC), Ross Stores (ROST) 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. Pinduoduo (PDD)
53.9% sales growth and 36.46% return on equity
PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, Pinduoduo has a trailing twelve months EPS of $3.91.
PE Ratio
Pinduoduo has a trailing twelve months price to earnings ratio of 23.52. Meaning, the purchaser of the share is investing $23.52 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 36.46%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Pinduoduo’s EBITDA is 8.49.
Yearly Top and Bottom Value
Pinduoduo’s stock is valued at $91.97 at 16:22 EST, way below its 52-week high of $106.38 and way higher than its 52-week low of $38.80.
2. Agree Realty Corporation (ADC)
17.1% sales growth and 3.65% return on equity
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of June 30, 2020, the Company owned and operated a portfolio of 936 properties, located in 46 states and containing approximately 18.4 million square feet of gross leasable area. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol "ADC".
Earnings Per Share
As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.76.
PE Ratio
Agree Realty Corporation has a trailing twelve months price to earnings ratio of 33.83. Meaning, the purchaser of the share is investing $33.83 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 3.65%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 27, 2023, the estimated forward annual dividend rate is 2.92 and the estimated forward annual dividend yield is 4.96%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Agree Realty Corporation’s EBITDA is 16.49.
3. Ross Stores (ROST)
10.6% sales growth and 37.44% return on equity
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores primarily to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California.
Earnings Per Share
As for profitability, Ross Stores has a trailing twelve months EPS of $4.71.
PE Ratio
Ross Stores has a trailing twelve months price to earnings ratio of 24.13. Meaning, the purchaser of the share is investing $24.13 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 37.44%.
Sales Growth
Ross Stores’s sales growth for the next quarter is 10.6%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.7%, now sitting on 19.21B for the twelve trailing months.
Volume
Today’s last reported volume for Ross Stores is 1128310 which is 50.95% below its average volume of 2300700.
Previous days news about Ross Stores(ROST)
- According to Zacks on Tuesday, 19 September, "Here we have highlighted some better-ranked stocks, namely Boot Barn Holdings (BOOT Quick QuoteBOOT – Free Report) , Ross Stores (ROST Quick QuoteROST – Free Report) and Walmart (WMT Quick QuoteWMT – Free Report) ."
- According to Zacks on Monday, 18 September, "Here we have highlighted some top-ranked stocks, namely Grocery Outlet (GO Quick QuoteGO – Free Report) , Ross Stores (ROST Quick QuoteROST – Free Report) and Walmart (WMT Quick QuoteWMT – Free Report) ."
- The zacks analyst blog highlights urban outfitters, Walmart, ross stores and sprouts farmers market. According to Zacks on Monday, 18 September, "The store expansion strategy, combined with the company’s strong brand reputation and off-price retail model, positions Ross Stores for success in the dynamic retail landscape. "
4. Northeast Community Bancorp (NECB)
7.8% sales growth and 14.5% return on equity
Northeast Community Bancorp, Inc. operates as the holding company for Northeast Community Bank that provides various financial services to consumers and businesses. The company accepts deposit products, such as checking, money market, savings, and individual retirement accounts, as well as certificates of deposit. Its loan products include multi-family, mixed-use, and real estate loans; commercial and industrial loans; construction loans; consumer loans; passbook, term, small business administration, and cooperative building loans; and revolving lines of credit. The company also offers various ATM/debit, credit, and gift cards; and investment advisory and financial planning, direct and remote deposit, wire transfer, automated clearing house, credit card merchant, coin and currency, and cash management services, as well as Internet, mobile, and telephone banking services. It operates three full-service branches in New York; three full-service branches in Massachusetts; one full service branch in Rockland County; two full service branch offices in Orange County; and a loan production office in New City, New York. The company was founded in 1934 and is headquartered in White Plains, New York. Northeast Community Bancorp, Inc. is a subsidiary of Northeast Community Bancorp, MHC.
Earnings Per Share
As for profitability, Northeast Community Bancorp has a trailing twelve months EPS of $2.56.
PE Ratio
Northeast Community Bancorp has a trailing twelve months price to earnings ratio of 6.15. Meaning, the purchaser of the share is investing $6.15 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 14.5%.
Moving Average
Northeast Community Bancorp’s value is under its 50-day moving average of $15.80 and above its 200-day moving average of $14.66.
Revenue Growth
Year-on-year quarterly revenue growth grew by 73.5%, now sitting on 87.44M for the twelve trailing months.
Sales Growth
Northeast Community Bancorp’s sales growth is 56.5% for the ongoing quarter and 7.8% for the next.
