(VIANEWS) - Heritage Global (HGBL), Arista Networks (ANET), Provident Bancorp (PVBC) 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. Heritage Global (HGBL)
35.9% sales growth and 18.56% return on equity
Heritage Global, Inc. is an asset service company that focuses on industrial and financial asset transactions. It offers market making services, including acquisitions, dispositions and valuations. The company specializes in identifying, valuing and acquiring tangible and intangible assets. Heritage Global Inc. is an advisor and principal. It acquires, brokers, and sells surplus machinery and equipment, industrial inventories, industrial inventories, accounts receivable portfolios, intellectual property, and other business ventures. In August 2013, Heritage Global, Inc. was renamed to Counsel RB Capital Inc. Heritage Global, Inc. was founded in 1983. It is located in San Diego, California.
Earnings Per Share
As for profitability, Heritage Global has a trailing twelve months EPS of $0.17.
PE Ratio
Heritage Global has a trailing twelve months price to earnings ratio of 14. Meaning, the purchaser of the share is investing $14 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 18.56%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 33.3% and 20% respectively.Volume
Heritage Global's current volume is 7180, which is an 89.09% lower than its 65861 average volume.
2. Arista Networks (ANET)
32.4% sales growth and 26.87% return on equity
Arista Networks, Inc. markets, develops, and sells cloud-based networking solutions throughout the Americas, Europe, Middle East, Africa, Asia-Pacific, and Europe. Cloud networking solutions offered by the company include extensible operating system, network applications and gigabit Ethernet switching. The company also offers post-contract customer support such as technical support and hardware repair, parts replacement beyond the standard warranty, bug fix and patch, and upgrading services. It serves many industries, including internet businesses, financial service organizations, government agencies and media and entertainment companies. The company markets its products via distributors, system integrators and value-added resellers. It also sells directly through its sales team. Arastra, Inc. was the company's former name. In October 2008, Arista Networks, Inc. became Arista Networks, Inc. Arista Networks, Inc. is an American company that was founded in 2004. Its headquarters are in Santa Clara, California.
Earnings Per Share
As for profitability, Arista Networks has a trailing twelve months EPS of $7.99.
PE Ratio
Arista Networks has a trailing twelve months price to earnings ratio of 15.42. Meaning, the purchaser of the share is investing $15.42 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 26.87%.3. Provident Bancorp (PVBC)
23% sales growth and 8.41% return on equity
Provident Bancorp, Inc. operates as the bank holding company for The Provident Bank that provides various financial services to individuals and small businesses in the United States. It offers checking, term certificate, negotiable order of withdrawal, money market, and savings accounts, as well as certificates of deposit. The company also provides commercial real estate, multi-family residential real estate, commercial business, construction and land development, mortgage warehouse, one- to four-family residential, and consumer loans, as well as home equity loans and lines of credit; and invests in securities, and state and municipal bonds. As of December 31, 2021, it operated through its main office and six branch offices located in Amesbury and Newburyport, Massachusetts; and Bedford, Exeter, Portsmouth, and Seabrook, New Hampshire, as well as two loan production offices located in Boston, Massachusetts, and Ponte Vedra, Florida. The company was founded in 1828 and is headquartered in Amesbury, Massachusetts.
Earnings per Share
Provident Bancorp's trailing twelve-month EPS is $1.16.
PE Ratio
The trailing 12 months earnings to price ratio for Provident Bancorp is 5.45. The purchaser of the shares is therefore investing $5.45 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 8.41%.Yearly Top and Bottom Value
Provident Bancorp's stock is valued at $6.32 at 19:22 EST, way under its 52-week high of $19.21 and above its 52-week low of $6.27.
4. Coca-Cola (KO)
6.3% sales growth and 41.03% return on equity
Coca-Cola Company is a global beverage manufacturer, marketer, and seller of non-alcoholic beverages. It offers sparkling soft drinks, flavored water and enhanced water; juice, milk and plant-based drinks; tea and coffee; as well as energy drinks. The company also sells beverage concentrates or syrups as well as fountain syrups for fountain retailers such as convenience shops and restaurants. It sells products under Coca-Cola/Diet Coke/Coca-Cola Light and Coca-Cola Zero Sugar brands. The company operates via a network that includes independent bottling partners and distributors as well as wholesalers and bottling operators. It was established in Atlanta, Georgia in 1886.
Earnings per Share
Coca-Cola's trailing 12 months earnings per share (EPS) is $1.67
PE Ratio
Coca-Cola's trailing 12-month price-to-earnings ratio is 38.15. The purchaser of the shares is therefore investing $38.15 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 41.03%.Previous days news about Coca-Cola(KO)
- According to VentureBeat on Monday, 19 December, "There were the big brand efforts in AI, including Walmart, Coca-Cola and John Deere, and the big tech news, from Microsoft and Google to Meta and Amazon."
5. Broadcom (AVGO)
5.8% sales growth and 44.73% return on equity
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing merchant silicon products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic transmitter and receiver components. The company also offers RF front end modules, filters, and power amplifiers; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; serial attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express switches; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; and optocouplers, industrial fiber optics, and motion control encoders and subsystems. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was incorporated in 2018 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Broadcom has a trailing twelve months EPS of $8.65.
PE Ratio
Broadcom has a trailing twelve months price to earnings ratio of 64.76. Meaning, the purchaser of the share is investing $64.76 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 44.73%.Revenue growth
The year-over-year revenue growth was 24.9%. It now stands at 31.68B in the 12 trailing months.
Volume
Broadcom's current reported volume is 1751960, which is 27.83% lower than its average volume (24227640).