(VIANEWS) – Tenet Healthcare (THC), Nexstar Media Group (NXST), Heritage Insurance Holdings (HRTG) 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. Tenet Healthcare (THC)
173.1% sales growth and 53.69% return on equity
Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and/or coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; tertiary care services, such as cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, surgical robotic, and telemedicine access services. In addition, it offers a range of procedures and services, such as orthopedics, total joint replacement, and spinal and other musculoskeletal procedures; gastroenterology; pain management; otolaryngology; ophthalmology; and urology. It operates hospitals, ambulatory surgery centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Tenet Healthcare has a trailing twelve months EPS of $5.71.
PE Ratio
Tenet Healthcare has a trailing twelve months price to earnings ratio of 17.59. Meaning, the purchaser of the share is investing $17.59 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 53.69%.
Yearly Top and Bottom Value
Tenet Healthcare’s stock is valued at $100.44 at 20:22 EST, way under its 52-week high of $121.72 and way above its 52-week low of $51.04.
Volume
Today’s last reported volume for Tenet Healthcare is 880753 which is 23.61% below its average volume of 1153030.
2. Nexstar Media Group (NXST)
22.3% sales growth and 13.96% return on equity
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Nexstar Media Group has a trailing twelve months EPS of $11.84.
PE Ratio
Nexstar Media Group has a trailing twelve months price to earnings ratio of 14.32. Meaning, the purchaser of the share is investing $14.32 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 13.96%.
Sales Growth
Nexstar Media Group’s sales growth for the next quarter is 22.3%.
Previous days news about Nexstar Media Group(NXST)
- According to Zacks on Friday, 24 May, "Some other top-ranked stocks in the broader Consumer Discretionary sector are Nexstar Media Group (NXST Quick QuoteNXST – Free Report) , Netflix (NFLX Quick QuoteNFLX – Free Report) and JAKKS Pacific (JAKK Quick QuoteJAKK – Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. "
3. Heritage Insurance Holdings (HRTG)
14.2% sales growth and 23.37% return on equity
Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential property insurance for single-family homeowners and condominium owners, and rental property insurance in the states of Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; commercial residential insurance for properties in Florida, New Jersey, and New York; and licensed in the state of Pennsylvania, as well as personal residential and wind-only property insurance. It also provides restoration, and emergency and recovery services; and property management, and reinsurance services. The company writes personal line policies through a network of retail independent agents, wholesale agents, and a partnership with a direct agency, as well as indirectly to approximately 1,500 retail locations through eight wholesale agency relationships; and personal and commercial insurance policies through a network of approximately 70 independent agencies. Heritage Insurance Holdings, Inc. was founded in 2012 and is headquartered in Tampa, Florida.
Earnings Per Share
As for profitability, Heritage Insurance Holdings has a trailing twelve months EPS of $1.65.
PE Ratio
Heritage Insurance Holdings has a trailing twelve months price to earnings ratio of 5.34. Meaning, the purchaser of the share is investing $5.34 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 23.37%.
4. Albany International Corporation (AIN)
14% sales growth and 11.96% return on equity
Albany International Corp. engages in the textile and materials processing businesses. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in manufacturing papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts. It also provides customized and consumable fabrics that are used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, tannery, and textile industries. This segment sells its products directly to end-user customers. The AEC segment designs, develops, and manufactures composite structures primarily to customers in the commercial and defense aerospace industries. The company operates in the United States, Switzerland, France, Brazil, China, Mexico, and internationally. Albany International Corp. was founded in 1895 and is headquartered in Rochester, New Hampshire.
Earnings Per Share
As for profitability, Albany International Corporation has a trailing twelve months EPS of $3.56.
PE Ratio
Albany International Corporation has a trailing twelve months price to earnings ratio of 24.69. Meaning, the purchaser of the share is investing $24.69 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 11.96%.
Yearly Top and Bottom Value
Albany International Corporation’s stock is valued at $87.89 at 20:22 EST, way under its 52-week high of $99.41 and way higher than its 52-week low of $78.20.
5. QUALCOMM (QCOM)
12.7% sales growth and 38.27% return on equity
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and related products to the United States government agencies and their contractors. The company was incorporated in 1985 and is headquartered in San Diego, California.
Earnings Per Share
As for profitability, QUALCOMM has a trailing twelve months EPS of $7.01.
PE Ratio
QUALCOMM has a trailing twelve months price to earnings ratio of 24.44. Meaning, the purchaser of the share is investing $24.44 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 38.27%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.2%, now sitting on 36.41B for the twelve trailing months.
Volume
Today’s last reported volume for QUALCOMM is 6175780 which is 30.78% below its average volume of 8922180.
Yearly Top and Bottom Value
QUALCOMM’s stock is valued at $171.29 at 20:22 EST, below its 52-week high of $184.31 and way higher than its 52-week low of $101.47.
Sales Growth
QUALCOMM’s sales growth for the next quarter is 12.7%.
Previous days news about QUALCOMM(QCOM)
- According to Zacks on Thursday, 23 May, "Rising geopolitical instability and high debt obligation remain concerns.(You can read the full research report on QUALCOMM here >>>)Caterpillar’s shares have modestly outperformed the Zacks Manufacturing – Construction and Mining industry over the past year (+70.6% vs. +66.2%). "
6. Red Rock Resorts (RRR)
12.7% sales growth and 244.65% return on equity
Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. It operates through two segments, Las Vegas Operations and Native American Management. The company owns and operates 9 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market. In addition, it manages Graton Resort & Casino in northern California. As of December 31, 2021, it operated approximately 13,894 slot machines, 240 table games, and 3,081 hotel rooms in the Las Vegas market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was incorporated in 1976 and is based in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Red Rock Resorts has a trailing twelve months EPS of $2.94.
PE Ratio
Red Rock Resorts has a trailing twelve months price to earnings ratio of 18.46. Meaning, the purchaser of the share is investing $18.46 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 244.65%.
Volume
Today’s last reported volume for Red Rock Resorts is 185370 which is 57.74% below its average volume of 438680.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.8%, now sitting on 1.72B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1.84%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 53.5% and 52.6%, respectively.
7. Novanta (NOVT)
12.5% sales growth and 10.83% return on equity
Novanta Inc., together with its subsidiaries, provides precision medicine and manufacturing, medical solutions, and robotics and automation solutions in the United States and internationally. The company operates through three segments: Precision Medicine and Manufacturing, Medical Solutions, and Robotics and Automation. The Precision Medicine and Manufacturing segment offers photonics-based solutions, including laser scanning, beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The Medical Solutions segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. The Robotics and Automation segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force and distributors under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, ATI Industrial Automation, Celera Motion, IMS, MicroE, Applimotion, Zettlex, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was incorporated in 1968 and is headquartered in Bedford, Massachusetts.
Earnings Per Share
As for profitability, Novanta has a trailing twelve months EPS of $1.92.
PE Ratio
Novanta has a trailing twelve months price to earnings ratio of 85.4. Meaning, the purchaser of the share is investing $85.4 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 10.83%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 13.8% and positive 1.2% for the next.
Volume
Today’s last reported volume for Novanta is 31650 which is 77.13% below its average volume of 138412.
8. Euronet Worldwide (EEFT)
11% sales growth and 22.73% return on equity
Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, agents, retailers, merchants, content providers, and individual consumers worldwide. The company's Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services. It also offers ATM and POS currency conversion, ATM surcharge, advertising, customer relationship management, mobile top-up, bill payment, fraud management, foreign remittance and cardless payout, banknote recycling, and tax-refund services; and integrated electronic financial transaction software solutions, as well as delivers non-cash products. This segment operates a network of 42,713 ATMs and approximately 438,000 POS terminals. Its epay segment distributes and processed prepaid mobile airtime and other electronic payment products; and provides payment processing services for various prepaid products, cards, and services, as well as vouchers and physical gift fulfillment, and gift card distribution and processing services. This segment operates a network of approximately 775,000 POS terminals. The company's Money Transfer segment offers consumer-to-consumer and account-to-account money transfer, customers bill payment, check cashing, foreign currency exchange, mobile top-up, and cash management and foreign currency risk management services, as well as payment alternatives, such as money orders and prepaid debit cards. This segment operates a network of approximately 510,000 money transfer locations. The company was formerly known as Euronet Services, Inc. and changed its name to Euronet Worldwide, Inc. in August 2001. Euronet Worldwide, Inc. was founded in 1994 and is headquartered in Leawood, Kansas.
Earnings Per Share
As for profitability, Euronet Worldwide has a trailing twelve months EPS of $5.66.
PE Ratio
Euronet Worldwide has a trailing twelve months price to earnings ratio of 20.34. Meaning, the purchaser of the share is investing $20.34 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 22.73%.
Sales Growth
Euronet Worldwide’s sales growth for the next quarter is 11%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 11.3% and 15.1%, respectively.
Previous days news about Euronet Worldwide(EEFT)
- Here is why growth investors should buy euronet worldwide (eeft) now. According to Zacks on Friday, 24 May, "This combination indicates that Euronet Worldwide is a potential outperformer and a solid choice for growth investors.", "While the overall earnings estimate revisions have made Euronet Worldwide a Zacks Rank #2 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above."
