Shopify And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Shopify (SHOP), Meta Platforms (META), AppFolio (APPF) 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. Shopify (SHOP)

21.1% sales growth and 15.31% return on equity

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

Earnings Per Share

As for profitability, Shopify has a trailing twelve months EPS of $0.1.

PE Ratio

Shopify has a trailing twelve months price to earnings ratio of 700. Meaning, the purchaser of the share is investing $700 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 15.31%.

Sales Growth

Shopify’s sales growth for the next quarter is 21.1%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 12.5% and 8.7%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 20.7%, now sitting on 7.76B for the twelve trailing months.

2. Meta Platforms (META)

15% sales growth and 35.37% return on equity

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California

Earnings Per Share

As for profitability, Meta Platforms has a trailing twelve months EPS of $14.86.

PE Ratio

Meta Platforms has a trailing twelve months price to earnings ratio of 34.45. Meaning, the purchaser of the share is investing $34.45 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 35.37%.

Volume

Today’s last reported volume for Meta Platforms is 10799200 which is 38.45% below its average volume of 17545500.

Sales Growth

Meta Platforms’s sales growth is 19.6% for the present quarter and 15% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 16, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 0.35%.

Previous days news about Meta Platforms(META)

  • Meta platforms inc. elliott wave technical analysis . According to FXStreet on Monday, 30 September, "On the 1-hour chart, Meta Platforms is advancing within Minor Wave 3 of (5). ", "On the daily chart, Meta Platforms is in an impulsive structure, advancing within Intermediate Wave (5). "

3. AppFolio (APPF)

13.6% sales growth and 41.86% return on equity

AppFolio, Inc., together with its subsidiaries, provides cloud business management solutions for the real estate industry in the United States. The company provides a cloud-based platform that enables users to automate and optimize common workflows; tools that assist with leasing, maintenance, and accounting; and other technology and services offered by third parties. It offers AppFolio Property Manager Core, a platform that provides the basic functionalities required to operate a property management business, as well as serves as a system of record; AppFolio Property Manager Plus, which offers housing management, student housing management, complex accounting, leasing insights, large-scale operations support, role-based permissions, stack integrations, and enhanced customer support services; AppFolio Property Manager Max offers customer relationship management functionality, field customization, customer database functionality, and customer success management services; and AppFolio Investment Manager, a software that provides investment management, asset management, and relationship management solutions. The company also provides value-added services that are designed to enhance, automate, and streamline processes and workflows for property management businesses, such as electronic payment, tenant screening, and insurance 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 $3.44.

PE Ratio

AppFolio has a trailing twelve months price to earnings ratio of 67.96. Meaning, the purchaser of the share is investing $67.96 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 41.86%.

Yearly Top and Bottom Value

AppFolio’s stock is valued at $233.79 at 06:22 EST, way below its 52-week high of $274.56 and way higher than its 52-week low of $164.29.

Revenue Growth

Year-on-year quarterly revenue growth grew by 34.2%, now sitting on 722.08M for the twelve trailing months.

Volume

Today’s last reported volume for AppFolio is 481577 which is 75.28% above its average volume of 274738.

Previous days news about AppFolio(APPF)

  • Appfolio (appf) increases yet falls behind market: what investors need to know. According to Zacks on Monday, 30 September, "The investment community will be paying close attention to the earnings performance of AppFolio in its upcoming release. ", "The most recent trading session ended with AppFolio (APPF Quick QuoteAPPF – Free Report) standing at $235.40, reflecting a +0.37% shift from the previouse trading day’s closing. "

4. Allstate (ALL)

12.7% sales growth and 17.84% return on equity

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products through agents, contact centers, and online. The Protection Services segment provides consumer product protection; protection and insurance products, including vehicle service contracts, guaranteed asset protection, road hazard tire and wheel, and paintless dent repair protection; and roadside assistance, device and mobile data collection services, and analytic solutions using automotive telematics information, as well as identity theft protection and remediation services. This segment also offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance coverage that primarily relates to policies written during the 1960s through the mid-1980s. The Corporate and Other segment provides debt services, as well as non-insurance operations. It sells its products through agents, independent agents, call and contact centers, retailers, direct to consumer, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.

Earnings Per Share

As for profitability, Allstate has a trailing twelve months EPS of $-1.19.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.84%.

Previous days news about Allstate(ALL)

  • According to Zacks on Monday, 30 September, "The Allstate Corporation (ALL Quick QuoteALL – Free Report) , Axis Capital Holdings Limited (AXS Quick QuoteAXS – Free Report) , The Progressive Corporation (PGR Quick QuotePGR – Free Report) and W.R. Berkley Corporation (WRB Quick QuoteWRB – Free Report) have the potential to make investors happy, courtesy of their fundamental strength.", "Headquartered in Northbrook, IL, The Allstate Corporation is the third-largest property-casualty insurer and the largest publicly-held personal lines carrier in the United States. "
  • Why allstate (all) outpaced the stock market today. According to Zacks on Monday, 30 September, "Analysts and investors alike will be keeping a close eye on the performance of Allstate in its upcoming earnings disclosure. ", "With respect to valuation, Allstate is currently being traded at a Forward P/E ratio of 12.39. "

5. Kimco Realty Corporation (KIM)

12.3% sales growth and 3.64% 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 $0.54.

PE Ratio

Kimco Realty Corporation has a trailing twelve months price to earnings ratio of 42.79. Meaning, the purchaser of the share is investing $42.79 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 3.64%.

Volume

Today’s last reported volume for Kimco Realty Corporation is 1481790 which is 63.56% below its average volume of 4066430.

6. Bank OZK (OZK)

6.7% sales growth and 13.74% return on equity

Bank OZK provides various retail and commercial banking services. The company accepts various deposit products, including non-interest-bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. It also offers real estate, consumer and business purpose, indirect recreational vehicle and marine, commercial and industrial, government guaranteed, agricultural equipment, small business, lines of credit, homebuilder, and affordable housing loans; business aviation and subscription financing services; and mortgage and other lending products. In addition, the company provides trust and wealth services, such as personal trusts, custodial accounts, investment management accounts, and retirement accounts, as well as corporate trust services, including trustee, paying agent and registered transfer agent services, and other related services. Further, it offers treasury management services comprising automated clearing house, wire transfer, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, reconciliation, positive pay, merchant and commercial card, and other services, as well as zero balance and investment sweep accounts. Additionally, the company provides ATMs; telephone, online, and mobile banking services; debit and credit cards; safe deposit boxes; and other products and services, as well as processes merchant debit and credit card transactions. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.

Earnings Per Share

As for profitability, Bank OZK has a trailing twelve months EPS of $6.02.

PE Ratio

Bank OZK has a trailing twelve months price to earnings ratio of 6.93. Meaning, the purchaser of the share is investing $6.93 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 13.74%.

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