(VIANEWS) – OGE Energy Corporation (OGE), Stryker Corp (SYK), California Water Service Group (CWT) 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. OGE Energy Corporation (OGE)
24.1% sales growth and 9.34% return on equity
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services in the United States. It operates through Electric Company Operations and Natural Gas Midstream segments. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 889,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.
Earnings Per Share
As for profitability, OGE Energy Corporation has a trailing twelve months EPS of $2.07.
PE Ratio
OGE Energy Corporation has a trailing twelve months price to earnings ratio of 16.43. Meaning, the purchaser of the share is investing $16.43 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 9.34%.
Sales Growth
OGE Energy Corporation’s sales growth is 25.2% for the current quarter and 24.1% for the next.
Yearly Top and Bottom Value
OGE Energy Corporation’s stock is valued at $34.00 at 01:22 EST, way under its 52-week high of $38.04 and above its 52-week low of $31.25.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 5, 2024, the estimated forward annual dividend rate is 1.67 and the estimated forward annual dividend yield is 4.93%.
2. Stryker Corp (SYK)
12% sales growth and 17.98% return on equity
Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries. This segment also offers spinal implant products comprising cervical and thoracolumbar systems that include fixation, minimally invasive and interbody systems used in spinal injury, complex spine and degenerative therapies. The MedSurg and Neurotechnology segment offers surgical equipment, and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, clinical communication and workflow solutions, and other medical device products that are used in various medical specialties, as well as patient and caregiver safety technologies. This segment also provides neurosurgical, neurovascular and craniomaxillofacial implant products, which include products used for minimally invasive endovascular procedures; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke; and craniomaxillofacial implant products, including cranial, maxillofacial, and chest wall devices, as well as dural substitutes and sealants. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries. Stryker Corporation was founded in 1941 and is headquartered in Portage, Michigan.
Earnings Per Share
As for profitability, Stryker Corp has a trailing twelve months EPS of $8.24.
PE Ratio
Stryker Corp has a trailing twelve months price to earnings ratio of 41.51. Meaning, the purchaser of the share is investing $41.51 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 17.98%.
3. California Water Service Group (CWT)
11.4% sales growth and 3.73% return on equity
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 492,600 customer connections in 100 California communities; approximately 5,300 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,600 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,500 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, the company offers wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, California Water Service Group has a trailing twelve months EPS of $0.91.
PE Ratio
California Water Service Group has a trailing twelve months price to earnings ratio of 50.32. Meaning, the purchaser of the share is investing $50.32 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 3.73%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.8%, now sitting on 794.63M for the twelve trailing months.
Previous days news about California Water Service Group(CWT)
- According to Zacks on Thursday, 25 April, "California Water Service Group price-consensus-eps-surprise-chart | California Water Service Group Quote"
4. Kimco Realty Corporation (KIM)
8.8% sales growth and 6.84% return on equity
Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of June 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.
Earnings Per Share
As for profitability, Kimco Realty Corporation has a trailing twelve months EPS of $1.02.
PE Ratio
Kimco Realty Corporation has a trailing twelve months price to earnings ratio of 18.34. Meaning, the purchaser of the share is investing $18.34 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 6.84%.
Moving Average
Kimco Realty Corporation’s value is under its 50-day moving average of $19.09 and below its 200-day moving average of $19.29.
