Golden Ocean Group Limited And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Golden Ocean Group Limited (GOGL), Pampa Energia S.A. Pampa Energia S.A. (PAM), Shutterstock (SSTK) 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 13.08. Meaning, the purchaser of the share is investing $13.08 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%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 82.4% and 221.4%, respectively.

Revenue Growth

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

Sales Growth

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

2. Pampa Energia S.A. Pampa Energia S.A. (PAM)

28.6% sales growth and 30.51% return on equity

Pampa Energía S.A. operates as an independent energy integrated company in Argentina. The company operates through Electricity Generation, Oil and Gas, Petrochemicals, and Holding and Other Business segments. It generates electricity through thermal generation plants, thermal gas-fired thermal generation plants, and hydroelectric power generation systems, as well as through a wind farm. The company also explores for and produces oil and gas; produces petrochemicals, such as styrene, styrene butadiene rubber, and polystyrene; and operates high voltage electricity transmission network. In addition, it engages in gas transportation and advisory services activities. The company was formerly known as Pampa Holding S.A. and changed its name to Pampa Energía S.A. in September 2008. Pampa Energía S.A. was incorporated in 1945 and is based in Buenos Aires, Argentina.

Earnings Per Share

As for profitability, Pampa Energia S.A. Pampa Energia S.A. has a trailing twelve months EPS of $9.54.

PE Ratio

Pampa Energia S.A. Pampa Energia S.A. has a trailing twelve months price to earnings ratio of 5.4. Meaning, the purchaser of the share is investing $5.4 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 30.51%.

Sales Growth

Pampa Energia S.A. Pampa Energia S.A.’s sales growth is 20.5% for the ongoing quarter and 28.6% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 33.2% and positive 150.2% for the next.

3. Shutterstock (SSTK)

17.6% sales growth and 9.07% return on equity

Shutterstock, Inc. provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally. The company offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects in HD and 4K formats that are integrated into websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement images and footage. It also provides 3 dimensional models consisting of 3D models used in various industries, such as advertising, media and video production, gaming, retail, education, design, and architecture; and generative AI content comprising images generated from algorithms trained with ethically sourced content. The company offers its services under the Shutterstock, Pond5, TurboSquid, PicMonkey, PremiumBeat, Splash News, Bigstock, and Offset brand names. In addition, it operates a collection of graphics interchange format visuals and stickers that supplies casual conversational content. The company serves corporate professionals and organizations, media and broadcast companies, and small and medium-sized businesses, and individual creators through digital, live sales, and client management channels. Shutterstock, Inc. was founded in 2003 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Shutterstock has a trailing twelve months EPS of $1.31.

PE Ratio

Shutterstock has a trailing twelve months price to earnings ratio of 25.53. Meaning, the purchaser of the share is investing $25.53 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 9.07%.

4. Evertec (EVTC)

14% sales growth and 13.29% return on equity

EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean. The company operates through Payment Services – Puerto Rico & Caribbean; Payment Services – Latin America; Merchant Acquiring; Business Solutions, and Corporate and Other segments. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The company also offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; and EBT services. In addition, it provides business process management solutions comprising core bank processing, network hosting and management, IT consulting, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. Further, the company owns and operates the ATH network, an automated teller machine and personal identification number debit networks. It manages a system of electronic payment networks that process approximately three billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

Earnings Per Share

As for profitability, Evertec has a trailing twelve months EPS of $1.05.

PE Ratio

Evertec has a trailing twelve months price to earnings ratio of 31.78. Meaning, the purchaser of the share is investing $31.78 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 13.29%.

Moving Average

Evertec’s worth is above its 50-day moving average of $33.32 and below its 200-day moving average of $36.88.

Previous days news about Evertec(EVTC)

  • According to Zacks on Friday, 30 August, "Some better-ranked stocks in the broader Zacks Business Services sector are Evertec (EVTC Quick QuoteEVTC – Free Report) and HNI (HNI Quick QuoteHNI – Free Report) ."

5. RLI Corp. (RLI)

12.9% sales growth and 23.02% return on equity

RLI Corp., an insurance holding company, underwrites property and casualty insurance. Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, and mercantile. It also offers coverages for security guards and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages for errors and omission coverage for small to medium-sized design, technical, computer, and miscellaneous professionals. This segment provides commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other types of specialty commercial automobile risks; incidental and related insurance coverages; inland marine coverages; management liability coverages, such as directors and officers liability insurance, fiduciary liability and coverages, employment practice liability, and for various classes of risks, including public and private businesses; and home business insurance products. The company's Property segment offers commercial property, cargo, hull, protection and indemnity, marine liability, inland marine, homeowners' and dwelling fire, and other property insurance products. Its Surety segment offers commercial surety bonds for medium to large-sized businesses; small bonds for businesses and individuals; and bonds for small to medium-sized contractors. The company also engages in various reinsurance coverages. It markets its products through branch offices, wholesale and retail brokers, carrier partners, and underwriting and independent agents. RLI Corp. was incorporated in 1965 and is headquartered in Peoria, Illinois.

Earnings Per Share

As for profitability, RLI Corp. has a trailing twelve months EPS of $7.32.

PE Ratio

RLI Corp. has a trailing twelve months price to earnings ratio of 20.67. Meaning, the purchaser of the share is investing $20.67 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 23.02%.

Volume

Today’s last reported volume for RLI Corp. is 78730 which is 45.8% below its average volume of 145276.

6. Western Gas Partners, LP Limited Partner Interests (WES)

12.5% sales growth and 48.21% return on equity

Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water. It also buys and sells natural gas, NGLs, and condensate. The company operates assets located in Texas, New Mexico, the Rocky Mountains, and North-central Pennsylvania. Western Midstream Holdings, LLC operates as the general partner of the company. The company was formerly known as Western Gas Equity Partners, LP and changed its name to Western Midstream Partners, LP in February 2019. Western Midstream Partners, LP was incorporated in 2007 and is based in The Woodlands, Texas.

Earnings Per Share

As for profitability, Western Gas Partners, LP Limited Partner Interests has a trailing twelve months EPS of $3.87.

PE Ratio

Western Gas Partners, LP Limited Partner Interests has a trailing twelve months price to earnings ratio of 9.67. Meaning, the purchaser of the share is investing $9.67 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 48.21%.

Moving Average

Western Gas Partners, LP Limited Partner Interests’s value is below its 50-day moving average of $39.72 and above its 200-day moving average of $34.19.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 1, 2024, the estimated forward annual dividend rate is 3.5 and the estimated forward annual dividend yield is 9.35%.

Sales Growth

Western Gas Partners, LP Limited Partner Interests’s sales growth for the next quarter is 12.5%.

7. Tetra Tech (TTEK)

10.7% sales growth and 18.66% return on equity

Tetra Tech, Inc. provides consulting and engineering services worldwide. The company operates through Government Services Group (GSG) and Commercial/International Services Group (CIG) segments. The GSG segment offers early data collection and monitoring, data analysis and information technology, science and engineering applied research, engineering design, construction management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services. This segment serves federal, state, and local governments, and development agencies in water resources analysis and water management, environmental monitoring, data analytics, government consulting, waste management, and a range of civil infrastructure master planning and engineering design markets. The CIG segment provides early data collection and monitoring, data analysis and information management, feasibility studies and assessments, science and engineering applied research, engineering design, construction management, and operations and maintenance services. This segment serves natural resources, energy, and utilities markets, as well as civil infrastructure master planning and engineering design markets. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California.

Earnings Per Share

As for profitability, Tetra Tech has a trailing twelve months EPS of $5.4.

PE Ratio

Tetra Tech has a trailing twelve months price to earnings ratio of 42.41. Meaning, the purchaser of the share is investing $42.41 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 18.66%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 3.9% and 17.9%, respectively.

Moving Average

Tetra Tech’s value is above its 50-day moving average of $211.92 and way above its 200-day moving average of $187.21.

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