Universal Logistics Holdings And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Universal Logistics Holdings (ULH), iRadimed Corporation (IRMD), Universal Display Corporation (OLED) 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. Universal Logistics Holdings (ULH)

11.5% sales growth and 23.25% return on equity

Universal Logistics Holdings, Inc. provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services; and final mile and ground expedite services. The company transports various commodities comprising automotive parts, machinery, building materials, paper, food, consumer goods, furniture, steel, and other metals. It also provides value-added services for individual customer requirements, including material handling, consolidation, sequencing, sub-assembly, cross-dock, kitting, repacking, warehousing, and returnable container management; and intermodal support services comprising short-to-medium distance delivery of steamship and rail truck containers between the port or railhead, and the customer and drayage services. Universal Logistics Holdings, Inc. serves automotive, steel, oil and gas, alternative energy, and manufacturing industries, as well as other transportation companies who aggregate loads from various shippers. The company was formerly known as Universal Truckload Services, Inc. and changed its name to Universal Logistics Holdings, Inc. in April 2016. Universal Logistics Holdings, Inc. was founded in 1932 and is headquartered in Warren, Michigan.

Earnings Per Share

As for profitability, Universal Logistics Holdings has a trailing twelve months EPS of $4.85.

PE Ratio

Universal Logistics Holdings has a trailing twelve months price to earnings ratio of 8.82. Meaning, the purchaser of the share is investing $8.82 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 23.25%.

Volume

Today’s last reported volume for Universal Logistics Holdings is 37687 which is 22.16% above its average volume of 30849.

2. iRadimed Corporation (IRMD)

10.4% sales growth and 25.08% return on equity

IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical support representatives, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.

Earnings Per Share

As for profitability, iRadimed Corporation has a trailing twelve months EPS of $1.46.

PE Ratio

iRadimed Corporation has a trailing twelve months price to earnings ratio of 34.12. Meaning, the purchaser of the share is investing $34.12 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 25.08%.

Yearly Top and Bottom Value

iRadimed Corporation’s stock is valued at $49.82 at 01:22 EST, under its 52-week high of $50.93 and way higher than its 52-week low of $36.12.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 20, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 1.2%.

Volume

Today’s last reported volume for iRadimed Corporation is 25652 which is 49.59% below its average volume of 50889.

Moving Average

iRadimed Corporation’s worth is higher than its 50-day moving average of $46.67 and way above its 200-day moving average of $44.49.

3. Universal Display Corporation (OLED)

10.4% sales growth and 15.54% return on equity

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.

Earnings Per Share

As for profitability, Universal Display Corporation has a trailing twelve months EPS of $4.65.

PE Ratio

Universal Display Corporation has a trailing twelve months price to earnings ratio of 45.07. Meaning, the purchaser of the share is investing $45.07 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 15.54%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 9.3% and 3.1%, respectively.

Moving Average

Universal Display Corporation’s worth is above its 50-day moving average of $195.43 and way higher than its 200-day moving average of $185.15.

Sales Growth

Universal Display Corporation’s sales growth is 16.8% for the present quarter and 10.4% for the next.

4. PriceSmart (PSMT)

8.8% sales growth and 11.46% return on equity

PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. Its warehouse clubs sell brand name and private label consumer products, essential goods, fresh produce, prepared foods, and fresh-baked goods, as well as provides services, such as optical, tire center, and other ancillary services. The company also operates Click & Go, an e-commerce platform for online ordering, curbside pickup, and delivery services. As of March 29, 2022, it operated 49 warehouse clubs in 12 countries and one U.S. territory. PriceSmart, Inc. was incorporated in 1994 and is headquartered in San Diego, California.

Earnings Per Share

As for profitability, PriceSmart has a trailing twelve months EPS of $4.11.

PE Ratio

PriceSmart has a trailing twelve months price to earnings ratio of 22.29. Meaning, the purchaser of the share is investing $22.29 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 11.46%.

Sales Growth

PriceSmart’s sales growth is 8.9% for the current quarter and 8.8% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.1%, now sitting on 4.81B for the twelve trailing months.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 15, 2024, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 1.27%.

Moving Average

PriceSmart’s worth is higher than its 50-day moving average of $87.64 and way above its 200-day moving average of $82.66.

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