(VIANEWS) – New Residential Investment (NRZ), Cadence Design Systems (CDNS), Eldorado Gold Corporation Ordinary Shares (EGO) 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. New Residential Investment (NRZ)
31.5% sales growth and 13.32% return on equity
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 153.8%, now sitting on 3.01B for the twelve trailing months.
Sales Growth
New Residential Investment’s sales growth is negative 5.3% for the ongoing quarter and 31.5% for the next.
Yearly Top and Bottom Value
New Residential Investment’s stock is valued at $0.00 at 06:22 EST, below its 52-week low of $8.18.
2. Cadence Design Systems (CDNS)
28.7% sales growth and 29.44% return on equity
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Cadence Design Systems has a trailing twelve months EPS of $3.81.
PE Ratio
Cadence Design Systems has a trailing twelve months price to earnings ratio of 80.28. Meaning, the purchaser of the share is investing $80.28 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 29.44%.
3. Eldorado Gold Corporation Ordinary Shares (EGO)
23.1% sales growth and 4.99% return on equity
Eldorado Gold Corporation and its subsidiaries engage in the exploration, discovery, acquisition, financing, development, production, sale, and reclamation of mineral products, primarily in Turkey, Canada, Greece, Brazil, and Romania. The company primarily produces gold, as well as silver, lead, zinc, and iron ore. It operates five mines: Kisladag and Efemcukuru located in western Turkey, Lamaque in Canada, and Olympias and Stratoni located in northern Greece. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada.
Earnings Per Share
As for profitability, Eldorado Gold Corporation Ordinary Shares has a trailing twelve months EPS of $0.88.
PE Ratio
Eldorado Gold Corporation Ordinary Shares 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 4.99%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 29.8%, now sitting on 1.11B for the twelve trailing months.
Volume
Today’s last reported volume for Eldorado Gold Corporation Ordinary Shares is 1465220 which is 5.17% above its average volume of 1393170.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 105.9% and 70.8%, respectively.
4. First Guaranty Bancshares (FGBI)
12.5% sales growth and 5.1% return on equity
First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including personal and commercial credit cards, remote deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. The company operates through 34 banking facilities primarily located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Lake Charles, Alexandria, Dallas-Fort Worth-Arlington, and Waco. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.
Earnings Per Share
As for profitability, First Guaranty Bancshares has a trailing twelve months EPS of $0.83.
PE Ratio
First Guaranty Bancshares has a trailing twelve months price to earnings ratio of 12.65. Meaning, the purchaser of the share is investing $12.65 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 5.1%.
5. Woodward (WWD)
9.6% sales growth and 17.54% return on equity
Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft. These products are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems. It also provides aftermarket maintenance, repair and overhaul, and other services to commercial airlines, repair facilities, military depots, third party repair shops, and other end users. This segment sells its products to original equipment manufacturers (OEMs), tier-one suppliers, and contractors, as well as through aftermarket sales of components, such as provisioning spares and replacements. The Industrial segment offers actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, and sensors. These products are used on industrial gas turbines, steam turbines, compressors, and reciprocating engines. This segment sells its aftermarket products, and other related services to OEMs through an independent network of distributors, as well as directly to end users. The company was founded in 1870 and is headquartered in Fort Collins, Colorado.
Earnings Per Share
As for profitability, Woodward has a trailing twelve months EPS of $5.99.
PE Ratio
Woodward has a trailing twelve months price to earnings ratio of 25.33. Meaning, the purchaser of the share is investing $25.33 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 17.54%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 5.3% and a drop 9% for the next.
Moving Average
Woodward’s value is way below its 50-day moving average of $179.89 and above its 200-day moving average of $151.20.
Yearly Top and Bottom Value
Woodward’s stock is valued at $151.73 at 06:22 EST, way under its 52-week high of $188.35 and way higher than its 52-week low of $119.03.
Sales Growth
Woodward’s sales growth is 7.2% for the current quarter and 9.6% for the next.
6. RadNet (RDNT)
8.8% sales growth and 6.37% return on equity
Radnet (rdnt) Q2 earnings match estimatesWhile RadNet has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?
Radnet (rdnt) reports Q2 earnings: what key metrics have to sayFor the quarter ended June 2024, RadNet (RDNT Quick QuoteRDNT – Free Report) reported revenue of $459.71 million, up 13.9% over the same period last year. , Here is how RadNet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems for the diagnostic imaging industry, including picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretation of images in the field of mammography, as well as AI solutions for lung and prostate cancer. As of December 31, 2021, it owned and managed 347 centers in Arizona, California, Delaware, Florida, Maryland, New Jersey, and New York. The company was founded in 1981 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, RadNet has a trailing twelve months EPS of $0.37.
PE Ratio
RadNet has a trailing twelve months price to earnings ratio of 167.16. Meaning, the purchaser of the share is investing $167.16 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 6.37%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.5%, now sitting on 1.66B for the twelve trailing months.
Yearly Top and Bottom Value
RadNet’s stock is valued at $61.85 at 06:22 EST, below its 52-week high of $66.04 and way higher than its 52-week low of $25.11.
Volume
Today’s last reported volume for RadNet is 70622 which is 87.94% below its average volume of 585668.
Previous days news about RadNet(RDNT)
- According to Zacks on Wednesday, 7 August, "One other stock from the same industry, RadNet (RDNT Quick QuoteRDNT – Free Report) , is yet to report results for the quarter ended June 2024. "
7. Manhattan Associates (MANH)
7.8% sales growth and 99.58% return on equity
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Manhattan SCALE, a portfolio of logistics execution solutions that provide trading partner management, yard management, optimization, warehouse management, and transportation execution services; and Manhattan Active, a set of enterprise and omnichannel solution, which include enterprise solutions and omnichannel solutions for store. The company also provides inventory optimization, planning, and allocation solutions; technology platform including Manhattan Active Platform solutions, a cloud-native product designed to provide version-less product access; maintenance services, which offers comprehensive program that provides on-premises software licensees with software upgrades for additional or improved functionality and technological advances incorporating emerging supply chain and industry advances; and professional services, such as solutions planning and implementation, and related consulting services. In addition, it provides training and change management services; resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. Further, the company offers products through direct sales personnel, as well as through partnership agreements with various organizations. It serves retail, consumer goods, food and grocery, logistics service providers, industrial and wholesale, high technology and electronics, life sciences, and government industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, Manhattan Associates has a trailing twelve months EPS of $3.28.
PE Ratio
Manhattan Associates has a trailing twelve months price to earnings ratio of 78.8. Meaning, the purchaser of the share is investing $78.8 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 99.58%.
Volume
Today’s last reported volume for Manhattan Associates is 846240 which is 77.24% above its average volume of 477448.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.6%, now sitting on 996.57M for the twelve trailing months.
Yearly Top and Bottom Value
Manhattan Associates’s stock is valued at $258.46 at 06:22 EST, under its 52-week high of $266.94 and way above its 52-week low of $182.97.
Previous days news about Manhattan Associates(MANH)
- According to Zacks on Monday, 5 August, "An expanding partner base that includes TikTok, Snap, Pinterest, Criteo, IBM, Cognizant, Amazon (AMZN Quick QuoteAMZN – Free Report) , Target (TGT Quick QuoteTGT – Free Report) , Manhattan Associates (MANH Quick QuoteMANH – Free Report) , COACH and Adyen is expected to expand its merchant base further."
