Golden Ocean Group Limited And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Golden Ocean Group Limited (GOGL), AppFolio (APPF), Patrick Industries (PATK) 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. Golden Ocean Group Limited (GOGL)

43.5% sales growth and 9.83% return on equity

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Golden Ocean Group Limited has a trailing twelve months EPS of $0.93.

PE Ratio

Golden Ocean Group Limited has a trailing twelve months price to earnings ratio of 14.19. Meaning, the purchaser of the share is investing $14.19 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 9.83%.

Sales Growth

Golden Ocean Group Limited’s sales growth is 28.2% for the current quarter and 43.5% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 7, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 6.05%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.6%, now sitting on 935.99M for the twelve trailing months.

2. AppFolio (APPF)

24.7% sales growth and 26.38% return on equity

AppFolio, Inc., together with its subsidiaries, provides industry-specific cloud-based business software solutions, services, and data analytics for the real estate industry. The company offers AppFolio Property Manager, a property management solution designed to address the operational and business requirements of property management companies and their business ecosystems; and AppFolio Investment Management, a cloud-based software solution for real estate investment managers of various sizes that provide tools and services designed to streamline their real estate investment management businesses. It also provides Value+ services that are designed to enhance, automate, and streamline processes and workflows for property management businesses, such as artificial intelligence leasing assistant, tenant screening, electronic payment, utility management, maintenance contact center, tenant debt collection, and mailing services. AppFolio, Inc. was incorporated in 2006 and is headquartered in Santa Barbara, California.

Earnings Per Share

As for profitability, AppFolio has a trailing twelve months EPS of $2.11.

PE Ratio

AppFolio has a trailing twelve months price to earnings ratio of 125.28. Meaning, the purchaser of the share is investing $125.28 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 26.38%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 317.4% and 63.3%, respectively.

Previous days news about AppFolio(APPF)

  • What's in the offing for appfolio (appf) this earnings season?. According to Zacks on Tuesday, 23 July, "Its artificial intelligence (AI)-enabled products, including AppFolio Realm and AppFolio Property Manager PLUS, are witnessing rapid adoption, which is driving customer growth.", "Our proven model does not conclusively predict an earnings beat for AppFolio this season. "

3. Patrick Industries (PATK)

16.6% sales growth and 14.58% return on equity

Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.

Earnings Per Share

As for profitability, Patrick Industries has a trailing twelve months EPS of $6.75.

PE Ratio

Patrick Industries has a trailing twelve months price to earnings ratio of 16.04. Meaning, the purchaser of the share is investing $16.04 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 14.58%.

4. Criteo (CRTO)

9.5% sales growth and 7.09% return on equity

Criteo S.A., a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties. It also offers Criteo AI Engine solutions, including lookalike finder, recommendation, and predictive bidding algorithms; recommendation algorithms, dynamic creative optimization+, sponsored product placement algorithms, and other product placement algorithms. The company's technology comprises data synchronization, storage, and analysis of distributed computing infrastructure in various geographies, as well as fast data collection and retrieval using multi-layered caching infrastructure; and experimentation platform, an offline/online testing platform to enhance the capabilities and effectiveness of prediction models. In addition, it provides Criteo Marketing Solutions that allow commerce companies to address various marketing goals by engaging their consumers with personalized ads across the web, mobile, and offline store environments; and Criteo Retail Media solutions, which allows retailers to generate advertising revenues from consumer brands, and/or to drive sales for themselves, by monetizing their data and audiences through personalized ads, either on their own digital property or on the open Internet. Further, the company offers real-time advertising technology and trading infrastructure, delivering advanced media buying, selling, and packaging capabilities for media owners, agencies, performance advertisers, and third-party AdTech platforms. It serves companies in digital retail, travel, and classifieds sectors. Criteo S.A. was incorporated in 2005 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, Criteo has a trailing twelve months EPS of $0.88.

PE Ratio

Criteo has a trailing twelve months price to earnings ratio of 39.16. Meaning, the purchaser of the share is investing $39.16 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 7.09%.

Moving Average

Criteo’s worth is under its 50-day moving average of $38.06 and above its 200-day moving average of $31.58.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 57.1% and 8.5%, respectively.

Volume

Today’s last reported volume for Criteo is 125074 which is 49.58% below its average volume of 248085.

5. Pinnacle Financial Partners (PNFP)

9.3% sales growth and 9.31% return on equity

Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services in the United States. The company accepts various deposits, including savings, checking, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts. Its loan products include commercial loans, such as equipment and working capital loans; commercial real estate loans comprising investment properties and business loans secured by real estate; and loans to individuals consisting of secured and unsecured installment and term loans, lines of credit, residential first mortgage loans, and home equity loans and lines of credit, as well as provides credit cards for consumers and businesses. The company also offers various securities and other financial products; investment products; brokerage and investment advisory programs; and fiduciary and investment management services, such as personal trust, endowments, foundations, individual retirement accounts, pensions, and custody. In addition, it provides insurance agency services primarily in the property and casualty area; merger and acquisition advisory services; and private debt, equity and mezzanine, and other middle-market advisory services. Further, the company offers treasury management, telephone and online banking, mobile banking, debit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. It serves individuals, small to medium-sized businesses, and professional entities. As of December 31, 2020, the company operated 114 offices, including 48 in Tennessee, 36 in North Carolina, 20 in South Carolina, 9 in Virginia, and 1 in Georgia. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee.

Earnings Per Share

As for profitability, Pinnacle Financial Partners has a trailing twelve months EPS of $6.95.

PE Ratio

Pinnacle Financial Partners has a trailing twelve months price to earnings ratio of 11.93. Meaning, the purchaser of the share is investing $11.93 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 9.31%.

6. Check Point (CHKP)

7% sales growth and 29.8% return on equity

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile. In addition, the company offers security gateways and software platforms that support small and medium sized business. Further, it provides cloud network security, cloud native application protection, security and posture management, cloud identity and entitlement, cloud workload protection, cloud detection and response, and cloud web application protection for web applications and APIs; and Check Point Harmony that delivers endpoint and secure connectivity for remote user access. Additionally, the company offers technical customer support programs and plans; professional services in implementing, upgrading, and optimizing Check Point products comprising design planning and security implementation; and certification and educational training services on Check Point products. It sells its products through distributors, resellers, system integrators, original equipment manufacturers, and managed security service providers. Check Point Software Technologies Ltd. was incorporated in 1993 and is headquartered in Tel Aviv, Israel.

Earnings Per Share

As for profitability, Check Point has a trailing twelve months EPS of $7.1.

PE Ratio

Check Point has a trailing twelve months price to earnings ratio of 22.78. Meaning, the purchaser of the share is investing $22.78 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 29.8%.

Sales Growth

Check Point’s sales growth is 5.9% for the ongoing quarter and 7% for the next.

Volume

Today’s last reported volume for Check Point is 723488 which is 0.78% below its average volume of 729242.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.8%, now sitting on 2.45B for the twelve trailing months.

Previous days news about Check Point(CHKP)

  • According to Zacks on Tuesday, 23 July, "Let’s see how things have shaped up for Vertiv Holdings Co (VRT Quick QuoteVRT – Free Report) , Roper Technologies, Inc. (ROP Quick QuoteROP – Free Report) and Check Point Software Technologies Ltd. ", "The Zacks Consensus Estimate for Check Point Software’s revenues is pegged at $624 million, which indicates a 6% increase from the year-ago quarter. "
  • Check point software (chkp) tops Q2 earnings and revenue estimates. According to Zacks on Wednesday, 24 July, "While Check Point has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"

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