(VIANEWS) – ACM Research (ACMR), Alphabet (GOOGL), Erie Indemnity Company (ERIE) 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. ACM Research (ACMR)
62% sales growth and 10.62% return on equity
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers with fine feature sizes; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating. The company markets and sells its products under the Ultra C brand name through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.
Earnings Per Share
As for profitability, ACM Research has a trailing twelve months EPS of $1.08.
PE Ratio
ACM Research has a trailing twelve months price to earnings ratio of 15.04. Meaning, the purchaser of the share is investing $15.04 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 10.62%.
Volume
Today’s last reported volume for ACM Research is 1141880 which is 11.74% above its average volume of 1021830.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 10.5% and positive 13.3% for the next.
Sales Growth
ACM Research’s sales growth is 37.5% for the present quarter and 62% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 26.1%, now sitting on 495.94M for the twelve trailing months.
2. Alphabet (GOOGL)
11.2% sales growth and 27.36% return on equity
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California.
Earnings Per Share
As for profitability, Alphabet has a trailing twelve months EPS of $5.8.
PE Ratio
Alphabet has a trailing twelve months price to earnings ratio of 24.22. Meaning, the purchaser of the share is investing $24.22 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 27.36%.
Previous days news about Alphabet(GOOGL)
- According to Zacks on Friday, 16 February, "Fourth, related to the Tech sector’s strong showing is the dominance of the so-called Magnificent 7 companies - Apple (AAPL Quick QuoteAAPL – Free Report) , Amazon (AMZN Quick QuoteAMZN – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) , Microsoft (MSFT Quick QuoteMSFT – Free Report) , Meta (META Quick QuoteMETA – Free Report) , Nvidia (NVDA Quick QuoteNVDA – Free Report) and Tesla (TSLA Quick QuoteTSLA – Free Report) ."
- The zacks analyst blog highlights NVIDIA, Alphabet, Amazon.com, Microsoft and Apple. According to Zacks on Friday, 16 February, "Stocks recently featured in the blog include: Nvidia Corporation (NVDA Quick QuoteNVDA – Free Report) , Alphabet Inc. (GOOGL Quick QuoteGOOGL – Free Report) , Amazon.com, Inc. (AMZN Quick QuoteAMZN – Free Report) , Microsoft Corp. (MSFT Quick QuoteMSFT – Free Report) and Apple Inc. (AAPL Quick QuoteAAPL – Free Report) .", "Nvidia Corporation outshined Google parent Alphabet Inc. in terms of market capitalization on Feb 14, to become the third-largest company in the United States."
- According to Zacks on Thursday, 15 February, "Nvidia Corporation (NVDA Quick QuoteNVDA – Free Report) outshined Google parent Alphabet Inc. (GOOGL Quick QuoteGOOGL – Free Report) in terms of market capitalization on Feb 14, to become the third-largest company in the United States."
- According to Zacks on Thursday, 15 February, "With this latest rally, Nvidia has surpassed both Alphabet and Amazon in market capitalization, becoming the 3rd most valuable company in the United States."
3. Erie Indemnity Company (ERIE)
11% sales growth and 26.99% return on equity
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
Earnings Per Share
As for profitability, Erie Indemnity Company has a trailing twelve months EPS of $7.74.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 46.49. Meaning, the purchaser of the share is investing $46.49 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 26.99%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.9%, now sitting on 3.15B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 5, 2024, the estimated forward annual dividend rate is 5.1 and the estimated forward annual dividend yield is 1.43%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 61.6% and 38.8%, respectively.
4. Amphenol Corporation (APH)
6.6% sales growth and 25.07% return on equity
Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems. The company offers connectors and connector systems, including harsh environment data, power, high-speed, fiber optic, and radio frequency interconnect products; busbars and power distribution systems; and other connectors. It also provides value-add products, such as backplane interconnect systems, cable assemblies and harnesses, and cable management products; other products comprising flexible and rigid printed circuit boards, hinges, other mechanical, and production related products. In addition, the company offers consumer device, network infrastructure, and other antennas; coaxial, power, and specialty cables; and sensors and sensor-based products. It sells its products through its sales force, independent representatives, and a network of electronics distributors to original equipment manufacturers, electronic manufacturing services companies, original design manufacturers, and service providers in the automotive, broadband communication, commercial aerospace, industrial, information technology and data communication, military, mobile device, and mobile network markets. Amphenol Corporation was founded in 1932 and is headquartered in Wallingford, Connecticut.
Earnings Per Share
As for profitability, Amphenol Corporation has a trailing twelve months EPS of $3.11.
PE Ratio
Amphenol Corporation has a trailing twelve months price to earnings ratio of 33.9. Meaning, the purchaser of the share is investing $33.9 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 25.07%.
Yearly Top and Bottom Value
Amphenol Corporation’s stock is valued at $105.42 at 15:22 EST, under its 52-week high of $106.51 and way above its 52-week low of $72.00.
Sales Growth
Amphenol Corporation’s sales growth is 4% for the ongoing quarter and 6.6% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 12.55B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 18, 2024, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 0.83%.
5. Allegion plc Ordinary Shares (ALLE)
5.8% sales growth and 55.05% return on equity
Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door closers and controls; doors and door systems; electronic security products; electronic, biometric and mobile access control systems; exit devices; locks, locksets, portable locks, and key systems; time, attendance, and workforce productivity systems; and other accessories. The company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, on-line and e-commerce platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, Allegion plc Ordinary Shares has a trailing twelve months EPS of $6.32.
PE Ratio
Allegion plc Ordinary Shares has a trailing twelve months price to earnings ratio of 20.87. Meaning, the purchaser of the share is investing $20.87 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 55.05%.
Moving Average
Allegion plc Ordinary Shares’s value is way higher than its 50-day moving average of $119.72 and way higher than its 200-day moving average of $112.00.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 0.6% and a negative 5.7%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 1.47%.
