AG Mortgage Investment Trust And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – AG Mortgage Investment Trust (MITT), HealthEquity (HQY), ANSYS (ANSS) 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. AG Mortgage Investment Trust (MITT)

27.5% sales growth and 11.67% return on equity

AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.

Earnings Per Share

As for profitability, AG Mortgage Investment Trust has a trailing twelve months EPS of $1.66.

PE Ratio

AG Mortgage Investment Trust has a trailing twelve months price to earnings ratio of 4.44. Meaning, the purchaser of the share is investing $4.44 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 11.67%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 30, 2024, the estimated forward annual dividend rate is 0.61 and the estimated forward annual dividend yield is 8.28%.

Moving Average

AG Mortgage Investment Trust’s worth is above its 50-day moving average of $7.31 and way above its 200-day moving average of $6.59.

Volume

Today’s last reported volume for AG Mortgage Investment Trust is 282131 which is 27.7% above its average volume of 220923.

2. HealthEquity (HQY)

15.9% sales growth and 5.15% return on equity

HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. The company offers cloud-based platforms for individuals to make health saving and spending decisions, pay healthcare bills, compare treatment options and prices, receive personalized benefit and clinical information, earn wellness incentives, grow their savings, and make investment choices; and health savings accounts. It also provides mutual fund investment platform; and online-only automated investment advisory services through Advisor, a Web-based tool. In addition, the company offers flexible spending accounts; health reimbursement arrangements; and Consolidated Omnibus Budget Reconciliation Act continuation services, as well as administers pre-tax commuter benefit programs. It serves clients through a direct sales force; benefits brokers and advisors; and a network of health plans, benefits administrators, benefits brokers and consultants, and retirement plan record-keepers. HealthEquity, Inc. was incorporated in 2002 and is headquartered in Draper, Utah.

Earnings Per Share

As for profitability, HealthEquity has a trailing twelve months EPS of $1.2.

PE Ratio

HealthEquity has a trailing twelve months price to earnings ratio of 69.24. Meaning, the purchaser of the share is investing $69.24 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 5.15%.

Volume

Today’s last reported volume for HealthEquity is 657461 which is 0.09% above its average volume of 656854.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 18.3% and 14.3%, respectively.

Sales Growth

HealthEquity’s sales growth for the next quarter is 15.9%.

Previous days news about HealthEquity(HQY)

  • Here is why growth investors should buy healthequity (hqy) now. According to Zacks on Friday, 11 October, "This combination positions HealthEquity well for outperformance, so growth investors may want to bet on it.", "While the overall earnings estimate revisions have made HealthEquity a Zacks Rank #1 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above."

3. ANSYS (ANSS)

11.4% sales growth and 9.43% return on equity

ANSYS, Inc. develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite. The company also offers electronics product suite that provides electromagnetic field simulation software for designing electronic and electromechanical products; Ansys High Frequency Structure Simulator product for radio frequency and microwave design; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; fluids product suite that enables modeling of fluid flow and other related physical phenomena; Ansys Fluent computational fluid dynamics software package; Ansys RedHawk-SC for electronic design automation; Ansys Optics software; and mission-simulation, modeling, testing, and analysis software. In addition, it offers Ansys Granta MI system for materials information management; Ansys Granta Selector technology for materials selection and graphical analysis; CES EduPack product, a set of teaching resources; Granta Materials Data for Simulation; Ansys Lumerical product, a photonics simulation software solution; safety-certified embedded software solutions; Discovery product family for use in the simulation of product design; academic product suite for research and teaching settings. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.

Earnings Per Share

As for profitability, ANSYS has a trailing twelve months EPS of $5.72.

PE Ratio

ANSYS has a trailing twelve months price to earnings ratio of 58.43. Meaning, the purchaser of the share is investing $58.43 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 9.43%.

Previous days news about ANSYS(ANSS)

  • According to Zacks on Friday, 11 October, "Synopsys’ acquisition of ANSYS is poised to produce a synergistic powerhouse, that is likely to revolutionize semiconductor design and testing processes, ushering in a holistic approach to innovation.", "In January 2024, Synopsys announced a definitive agreement to acquire ANSYS in a deal valued at $35 billion. "

4. StoneX Group (SNEX)

9.6% sales growth and 15.99% return on equity

StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. Its Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services. The company's Institutional segment provides equity trading services to institutional clients; and originates, structures, and places debt instruments in capital markets worldwide. Its services cover foreign securities, including unlisted American Depository Receipts, Global Depository Receipts, and foreign ordinary shares. This segment also operates as an institutional dealer in fixed income securities to serve asset managers, commercial bank trust and investment departments, broker-dealers, and insurance companies; engages in asset management business; and offers clearing and execution services in futures exchanges, brokerage foreign exchange services for the financial institutions and professional traders, and OTC products. The company's Retail segment provides trading services and solutions in the global financial markets, including spot foreign exchange, precious metals trading, and contracts for differences; and wealth management and investment services, as well as offers physical gold and other precious metals in various forms and denominations through coininvest.com and silver-to-go.com. Its Global Payments segment provides foreign exchange and treasury services to banks and commercial businesses, charities, and non-governmental and government organizations; and payments services. The company was formerly known as INTL FCStone Inc. and changed its name to StoneX Group Inc. in July 2020. StoneX Group Inc. was founded in 1924 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, StoneX Group has a trailing twelve months EPS of $7.96.

PE Ratio

StoneX Group has a trailing twelve months price to earnings ratio of 10.3. Meaning, the purchaser of the share is investing $10.3 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 15.99%.

Previous days news about StoneX Group(SNEX)

  • According to Business Insider on Wednesday, 9 October, "NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) — StoneX Group Inc. ("StoneX"; NASDAQ: SNEX), has today announced that one of its subsidiaries, StoneX Metals Limited, has completed its acquisition of JBR’s precious metal recovery and refinery business. ", "A Fortune 100 company headquartered in New York City and listed on the Nasdaq Global Select Market (NASDAQ:SNEX), StoneX Group Inc. and its more than 4,400 employees serve more than 54,000 commercial, institutional, and payments clients, and more than 400,000 retail accounts, from more than 40 offices spread across five continents. "

5. Altair Engineering (ALTR)

7.3% sales growth and 3.78% return on equity

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.

Earnings Per Share

As for profitability, Altair Engineering has a trailing twelve months EPS of $-0.11.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.78%.

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