(VIANEWS) – Agree Realty Corporation (ADC), Boston Scientific (BSX), Gentex Corporation (GNTX) 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. Agree Realty Corporation (ADC)
14.1% sales growth and 3.47% return on equity
Earnings Per Share
As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.7.
PE Ratio
Agree Realty Corporation has a trailing twelve months price to earnings ratio of 33.44. Meaning, the purchaser of the share is investing $33.44 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 3.47%.
Sales Growth
Agree Realty Corporation’s sales growth is 15.4% for the current quarter and 14.1% for the next.
2. Boston Scientific (BSX)
9.1% sales growth and 8.58% return on equity
Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through two segments, MedSurg and Cardiovascular. The company offers devices to diagnose and treat gastrointestinal and pulmonary conditions, such as resolution clips, biliary stent systems, stents and electrocautery enhanced delivery systems, direct visualization systems, digital catheters, and single-use duodenoscopes; devices to treat urological conditions, including ureteral stents, catheters, baskets, guidewires, sheaths, balloons, single-use digital flexible ureteroscopes, holmium laser systems, artificial urinary sphincter, laser system, fiber, and hydrogel systems; and devices to treat neurological movement disorders and manage chronic pain, such as spinal cord stimulator system, proprietary programming software, radiofrequency generator, indirect decompression systems, practice optimization tools, and deep brain stimulation system. It also provides technologies for diagnosing and treating coronary artery disease and aortic valve conditions; WATCHMAN FLX, a Left Atrial Appendage Closure Device; and implantable devices that monitor the heart and deliver electricity to treat cardiac abnormalities, such as cardioverter and cardiac resynchronization therapy defibrillators, MRI S-ICD systems, cardiac resynchronization therapy pacemakers, quadripolar LV leads, ICD leads, pacing leads, remote patient management systems, insertable cardiac monitor systems, and remote cardiac monitoring systems. In addition, the company offers diagnosis and treatment of rate and rhythm disorders of the heart; peripheral arterial and venous diseases; and products to diagnose, treat and ease forms of cancer. The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts.
Earnings Per Share
As for profitability, Boston Scientific has a trailing twelve months EPS of $1.07.
PE Ratio
Boston Scientific has a trailing twelve months price to earnings ratio of 63.62. Meaning, the purchaser of the share is investing $63.62 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 8.58%.
Yearly Top and Bottom Value
Boston Scientific’s stock is valued at $68.07 at 01:22 EST, way below its 52-week low of $46.21.
Moving Average
Boston Scientific’s value is higher than its 50-day moving average of $62.99 and way higher than its 200-day moving average of $55.31.
Sales Growth
Boston Scientific’s sales growth is 8.7% for the present quarter and 9.1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.9%, now sitting on 14.24B for the twelve trailing months.
3. Gentex Corporation (GNTX)
8.8% sales growth and 19.57% return on equity
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. The company sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
Earnings Per Share
As for profitability, Gentex Corporation has a trailing twelve months EPS of $1.84.
PE Ratio
Gentex Corporation has a trailing twelve months price to earnings ratio of 19.12. Meaning, the purchaser of the share is investing $19.12 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 19.57%.
Yearly Top and Bottom Value
Gentex Corporation’s stock is valued at $35.18 at 01:22 EST, under its 52-week high of $37.58 and way above its 52-week low of $25.85.
Sales Growth
Gentex Corporation’s sales growth is 9.1% for the ongoing quarter and 8.8% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19.3%, now sitting on 2.3B for the twelve trailing months.
4. W&T Offshore (WTI)
8.7% sales growth and 80.35% return on equity
W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil, natural gas liquids, and natural gas. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, W&T Offshore has a trailing twelve months EPS of $0.11.
PE Ratio
W&T Offshore has a trailing twelve months price to earnings ratio of 24.91. Meaning, the purchaser of the share is investing $24.91 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 80.35%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
W&T Offshore’s EBITDA is 14.13.
Yearly Top and Bottom Value
W&T Offshore’s stock is valued at $2.74 at 01:22 EST, way below its 52-week high of $5.36 and way higher than its 52-week low of $2.45.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 0.04 and the estimated forward annual dividend yield is 1.57%.
Volume
Today’s last reported volume for W&T Offshore is 1814680 which is 38.75% below its average volume of 2963220.
5. WD-40 Company (WDFC)
8.2% sales growth and 33.12% return on equity
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name for various consumer uses and industrial applications; and specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand, as well as various products under the WD-40 Bike brand name. It also provides multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike market under the GT85 brand name. In addition, the company offers automatic toilet bowl cleaners under the 2000 Flushes brand name; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand name; carpet and household cleaners, and rug and room deodorizers under the 1001 brand; heavy-duty hand cleaner products under the Lava brand name in the United States, as well as under the Solvol brand name in Australia; and liquid mildew stain removers and automatic toilet bowl cleaners under the X-14 brand name. It sells its products primarily through warehouse club stores, hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, farm supply, sport retailers, and independent bike dealers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.
Earnings Per Share
As for profitability, WD-40 Company has a trailing twelve months EPS of $5.03.
PE Ratio
WD-40 Company has a trailing twelve months price to earnings ratio of 46.98. Meaning, the purchaser of the share is investing $46.98 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 33.12%.
6. Tyler Technologies (TYL)
7.7% sales growth and 5.97% return on equity
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management. It also provides public administration solutions, such as civic services; financial applications with human resources, revenue management, tax billing, utilities, asset management, and payment processing; property and recording service that manages appraisal services, valuation, tax billing and collections, assessment administration, and land and official records; and permitting, licensing, and regulatory management solutions. In addition, the company offers courts and public safety solutions; school ERP and student transportation solutions for K-12 schools; and health and human services solutions. Further, the company offers software as a service arrangements and electronic document filing solutions for courts; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. Tyler Technologies, Inc. has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was founded in 1966 and is headquartered in Plano, Texas.
Earnings Per Share
As for profitability, Tyler Technologies has a trailing twelve months EPS of $3.88.
PE Ratio
Tyler Technologies has a trailing twelve months price to earnings ratio of 106.54. Meaning, the purchaser of the share is investing $106.54 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 5.97%.
Moving Average
Tyler Technologies’s worth is under its 50-day moving average of $427.16 and higher than its 200-day moving average of $403.16.
Yearly Top and Bottom Value
Tyler Technologies’s stock is valued at $413.36 at 01:22 EST, below its 52-week high of $454.74 and way higher than its 52-week low of $305.06.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.3%, now sitting on 1.95B for the twelve trailing months.
Volume
Today’s last reported volume for Tyler Technologies is 287423 which is 40.97% above its average volume of 203880.
