(VIANEWS) – Knight Transportation (KNX), Astrazeneca (AZN), Selective Insurance Group (SIGI) 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. Knight Transportation (KNX)
18.7% sales growth and 3.07% return on equity
Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States and Mexico. The company operates through three segments: Trucking, Logistics, and Intermodal. Its trucking services include irregular route, dedicated, refrigerated, flatbed, expedited, dry van, drayage, and cross-border transportation of various products, goods, and materials. The company also provides logistics and intermodal services, such as brokerage, intermodal, and certain logistics; freight management; and non-trucking services. In addition, it offers various support services, including repair and maintenance shop services, warranty, insurance, and equipment leasing; and trailer parts manufacturing services, as well as engages in the driving academy activities. The company operates a total of 18,877 tractors, which comprises 16,432 company-owned tractors and 2,445 independent contractor tractors, as well as 58,315 trailers; and 643 tractors and 9,862 intermodal containers. It serves retail, food and beverage, consumer products, paper products, transportation and logistics, housing and building, automotive, and manufacturing industries. Knight-Swift Transportation Holdings Inc. was founded in 1989 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Knight Transportation has a trailing twelve months EPS of $1.34.
PE Ratio
Knight Transportation has a trailing twelve months price to earnings ratio of 39.27. Meaning, the purchaser of the share is investing $39.27 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 3.07%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 47.9% and positive 14.3% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 7, 2024, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 1.18%.
Volume
Today’s last reported volume for Knight Transportation is 2653910 which is 39.47% above its average volume of 1902740.
Sales Growth
Knight Transportation’s sales growth is 15.7% for the ongoing quarter and 18.7% for the next.
2. Astrazeneca (AZN)
13.7% sales growth and 15.64% return on equity
AstraZeneca PLC, a biopharmaceutical company, focuses on the discovery, development, manufacture, and commercialization of prescription medicines. The company's marketed products include Tagrisso, Imfinzi, Lynparza, Calquence, Enhertu, Orpathys, Truqap, Zoladex, Faslodex, Farxiga, Brilinta, Lokelma, Roxadustat, Andexxa, Crestor, Seloken, Onglyza, Bydureon, Fasenra, Breztri, Symbicort, Saphnelo, Tezspire, Pulmicort, Bevespi, and Daliresp for cardiovascular, renal, metabolism, and oncology. Its marketed products also comprise Vaxzevria, Beyfortus, Synagis, FluMist, Soliris, Ultomiris, Strensiq, Koselugo, and Kanuma for covid-19 and rare disease. The company serves primary care and specialty care physicians through distributors and local representative offices in the United Kingdom, rest of Europe, the Americas, Asia, Africa, and Australasia. It has a collaboration agreement with Neurimmune AG to develop and commercialize NI006. The company was formerly known as Zeneca Group PLC and changed its name to AstraZeneca PLC in April 1999. AstraZeneca PLC was incorporated in 1992 and is headquartered in Cambridge, the United Kingdom.
Earnings Per Share
As for profitability, Astrazeneca has a trailing twelve months EPS of $1.91.
PE Ratio
Astrazeneca has a trailing twelve months price to earnings ratio of 34.73. Meaning, the purchaser of the share is investing $34.73 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 15.64%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 45.81B for the twelve trailing months.
Yearly Top and Bottom Value
Astrazeneca’s stock is valued at $66.32 at 16:22 EST, way below its 52-week high of $76.56 and above its 52-week low of $60.47.
3. Selective Insurance Group (SIGI)
11.7% sales growth and 13.32% return on equity
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, as well as equity securities and alternative investment portfolio. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
Earnings Per Share
As for profitability, Selective Insurance Group has a trailing twelve months EPS of $5.84.
PE Ratio
Selective Insurance Group has a trailing twelve months price to earnings ratio of 17.9. Meaning, the purchaser of the share is investing $17.9 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 13.32%.
4. Diamondback Energy (FANG)
8.1% sales growth and 20.15% return on equity
Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns and operates midstream infrastructure assets, in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Earnings Per Share
As for profitability, Diamondback Energy has a trailing twelve months EPS of $17.34.
PE Ratio
Diamondback Energy has a trailing twelve months price to earnings ratio of 11.23. Meaning, the purchaser of the share is investing $11.23 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 20.15%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.3%, now sitting on 7.96B for the twelve trailing months.
Yearly Top and Bottom Value
Diamondback Energy’s stock is valued at $194.70 at 16:22 EST, higher than its 52-week high of $185.78.
Sales Growth
Diamondback Energy’s sales growth is 6.2% for the ongoing quarter and 8.1% for the next.
Previous days news about Diamondback Energy(FANG)
- According to Zacks on Wednesday, 20 March, "Last month, the energy market witnessed a $26 billion deal between Diamondback Energy and Endeavor Energy Resources LP to create a leading oil and natural player in the Permian - the most prolific basin in the United States."
5. Telefonica Brasil, S.A. ADS (VIV)
7.2% sales growth and 7.3% return on equity
Telefônica Brasil S.A., together with its subsidiaries, operates as a mobile telecommunications company in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G, as well as mobile value-added and wireless roaming services. The company also offers data services, including broadband and mobile data services. In addition, it provides pay TV services through IPTV technologies; network services, such as rental of facilities; other services comprising internet access, private network connectivity, computer equipment leasing, extended service, caller identification, voice mail, cellular blocker, and others; wholesale services, including interconnection services to users of other network providers; and digital services, such as entertainment, cloud, and security and financial services. Further, the company offers multimedia communication services, which include audio, data, voice and other sounds, images, texts, and other information, as well as sells devices, such as smartphones, broadband USB modems, and other devices. Additionally, it provides telecommunications solutions and IT support to various industries, such as retail, manufacturing, services, financial institutions, government, etc. It markets and sells its solutions through own stores, dealers, retail and distribution channels, door-to-door sales, and outbound tele sales. The company was formerly known as Telecomunicações de São Paulo S.A. – TELESP and changed its name to Telefônica Brasil S.A. in October 2011. The company was incorporated in 1998 and is headquartered in São Paulo, Brazil.
Earnings Per Share
As for profitability, Telefonica Brasil, S.A. ADS has a trailing twelve months EPS of $0.6.
PE Ratio
Telefonica Brasil, S.A. ADS has a trailing twelve months price to earnings ratio of 17.13. Meaning, the purchaser of the share is investing $17.13 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 7.3%.
6. Ingersoll (IR)
5.9% sales growth and 8.22% return on equity
Ingersoll Rand Inc. provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc. The Precision and Science Technologies segment designs, manufactures, and markets diaphragm, piston, water-powered, peristaltic, gear, vane, progressive cavity, and syringe pumps; and gas boosters, hydrogen compression systems, automated liquid handling systems, odorant injection systems, controls, software, and other related components and accessories for liquid and gas dosing, transfer, dispensing, compression, sampling, pressure management, and flow control in specialized or critical applications under the Air Dimensions, Albin, ARO, Dosatron, Haskel, Ingersoll Rand, LMI, Maximus, Milton Roy, MP, Oberdorfer, Seepex, Thomas, Welch, Williams, YZ, and Zinnser Analytic brand names. This segment's products are used in medical, life sciences, industrial manufacturing, water and wastewater, chemical processing, energy, food and beverage, agriculture, and other markets. It sells through an integrated network of direct sales representatives and independent distributors. The company was formerly known as Gardner Denver Holdings, Inc. and changed its name to Ingersoll Rand Inc. in March 2020. Ingersoll Rand Inc. was founded in 1859 and is headquartered in Davidson, North Carolina.
Earnings Per Share
As for profitability, Ingersoll has a trailing twelve months EPS of $1.9.
PE Ratio
Ingersoll has a trailing twelve months price to earnings ratio of 49.87. Meaning, the purchaser of the share is investing $49.87 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 8.22%.
Volume
Today’s last reported volume for Ingersoll is 1179050 which is 53.21% below its average volume of 2520170.
7. Allianceberstein Holding L.P. Units (AB)
5.7% sales growth and 12.73% return on equity
AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.
Earnings Per Share
As for profitability, Allianceberstein Holding L.P. Units has a trailing twelve months EPS of $2.34.
PE Ratio
Allianceberstein Holding L.P. Units has a trailing twelve months price to earnings ratio of 14.23. Meaning, the purchaser of the share is investing $14.23 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 12.73%.
Yearly Top and Bottom Value
Allianceberstein Holding L.P. Units’s stock is valued at $33.29 at 16:22 EST, way below its 52-week high of $37.00 and way above its 52-week low of $25.83.
