(VIANEWS) – Quanta Services (PWR), iRadimed Corporation (IRMD), EastGroup Properties (EGP) 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. Quanta Services (PWR)
15.5% sales growth and 10.93% return on equity
Quanta Services, Inc. provides specialty contracting services in the United States, Canada, Australia, Latin America, and internationally. Its Electric Power Infrastructure Services segment designs, installs, upgrades, repairs, and maintains electric power transmission and distribution infrastructure, and substation facilities, as well as provides other engineering and technical services; designs, installs, maintains, and repairs commercial and industrial wiring; and operates a postsecondary educational institution. It also offers emergency restoration services, including the repair of infrastructure damaged by inclement weather; installation, maintenance, and upgrade of electric power infrastructure; and installation of smart grid technologies on electric power networks. In addition, this segment provides services related to development of solar, wind, and various natural gas generation facilities, as well as related switchyards and transmission infrastructure; and construction of electric power generation facilities. The company's Pipeline and Industrial Infrastructure Services segment designs, installs, repairs, and maintains pipeline transmission and distribution systems, gathering systems, production systems, storage systems, and compressor and pump stations, as well as offers related trenching, directional boring, and mechanized welding services; and designs, installs, and maintains fueling systems, and water and sewer infrastructure. This segment also provides pipeline protection, integrity testing, and rehabilitation and replacement, as well as pipeline support systems, and related structures and facilities fabrication services; and high-pressure and critical-path turnaround, electrical, piping, fabrication, and storage tank services. It serves electric power, energy, and communications companies, as well as commercial, industrial, and governmental entities. The company was founded in 1997 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Quanta Services has a trailing twelve months EPS of $3.91.
PE Ratio
Quanta Services has a trailing twelve months price to earnings ratio of 46.18. Meaning, the purchaser of the share is investing $46.18 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 10.93%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 28, 2023, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 0.18%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 19.8% and 23.2%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19.3%, now sitting on 18.35B for the twelve trailing months.
2. iRadimed Corporation (IRMD)
14.6% sales growth and 21.77% return on equity
IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical support representatives, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.
Earnings Per Share
As for profitability, iRadimed Corporation has a trailing twelve months EPS of $1.16.
PE Ratio
iRadimed Corporation has a trailing twelve months price to earnings ratio of 38.84. Meaning, the purchaser of the share is investing $38.84 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 21.77%.
Moving Average
iRadimed Corporation’s worth is under its 50-day moving average of $46.53 and above its 200-day moving average of $41.57.
Yearly Top and Bottom Value
iRadimed Corporation’s stock is valued at $45.05 at 20:22 EST, way below its 52-week high of $51.04 and way above its 52-week low of $26.00.
Volume
Today’s last reported volume for iRadimed Corporation is 17266 which is 51.23% below its average volume of 35408.
Revenue Growth
Year-on-year quarterly revenue growth grew by 26.8%, now sitting on 59.88M for the twelve trailing months.
3. EastGroup Properties (EGP)
11.9% sales growth and 7.84% return on equity
EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.7 million square feet.
Earnings Per Share
As for profitability, EastGroup Properties has a trailing twelve months EPS of $3.72.
PE Ratio
EastGroup Properties has a trailing twelve months price to earnings ratio of 45.41. Meaning, the purchaser of the share is investing $45.41 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 7.84%.
Volume
Today’s last reported volume for EastGroup Properties is 206727 which is 21.86% below its average volume of 264568.
Sales Growth
EastGroup Properties’s sales growth is 14.9% for the current quarter and 11.9% for the next.
Previous days news about EastGroup Properties(EGP)
- According to Zacks on Thursday, 12 October, "This will offer opportunities to industrial landlords, including TRNO, Prologis (PLD Quick QuotePLD – Free Report) and EastGroup Properties (EGP Quick QuoteEGP – Free Report) , to enjoy a favorable market environment."
- According to Zacks on Friday, 13 October, "This will offer opportunities to industrial landlords, including TRNO, Prologis (PLD Quick QuotePLD – Free Report) and EastGroup Properties (EGP Quick QuoteEGP – Free Report) , to enjoy a favorable market environment."
4. Albemarle (ALB)
10.8% sales growth and 49.38% return on equity
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based products used in fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, disinfectants, and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Albemarle has a trailing twelve months EPS of $33.25.
PE Ratio
Albemarle has a trailing twelve months price to earnings ratio of 4.96. Meaning, the purchaser of the share is investing $4.96 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 49.38%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 45.3% and a negative 37.9%, respectively.
