(VIANEWS) – Altus Midstream Company (ALTM), New Residential Investment (NRZ), Range Resources Corporation (RRC) 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. Altus Midstream Company (ALTM)
57.7% sales growth and 5.48% return on equity
Arcadium Lithium plc engages in the production of lithium chemicals products in the Asia Pacific, North America, Europe, the Middle East, Africa, and Latin America. It offers battery-grade lithium hydroxide, lithium carbonate, butyllithium and high purity lithium metal for electric vehicles, electronics, agricultural, industrial, greases, polymers, pharmaceutical, battery, and aerospace applications. The company also owns interest in various properties located in Argentina, Canada, and Western Australia. Arcadium Lithium plc was founded in 1944 and is based in Shannon, Ireland.
Earnings Per Share
As for profitability, Altus Midstream Company has a trailing twelve months EPS of $0.34.
PE Ratio
Altus Midstream Company has a trailing twelve months price to earnings ratio of 7.21. Meaning, the purchaser of the share is investing $7.21 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 5.48%.
Volume
Today’s last reported volume for Altus Midstream Company is 7553570 which is 33.81% below its average volume of 11413100.
2. New Residential Investment (NRZ)
31.5% sales growth and 13.32% return on equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.32%.
3. Range Resources Corporation (RRC)
17.1% sales growth and 13.25% return on equity
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), crude oil, and condensate company in the United States. The company engages in the exploration, development, and acquisition of natural gas and crude oil properties located in the Appalachian region. It sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum Inc. and changed its name to Range Resources Corporation in August 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.
Earnings Per Share
As for profitability, Range Resources Corporation has a trailing twelve months EPS of $1.99.
PE Ratio
Range Resources Corporation has a trailing twelve months price to earnings ratio of 14.95. Meaning, the purchaser of the share is investing $14.95 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 13.25%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 8.7% and 4.8%, respectively.
Volume
Today’s last reported volume for Range Resources Corporation is 1364560 which is 37.25% below its average volume of 2174850.
Sales Growth
Range Resources Corporation’s sales growth is 23.5% for the current quarter and 17.1% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 1.08%.
4. T. Rowe Price Group (TROW)
14.6% sales growth and 18.72% return on equity
T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.
Earnings Per Share
As for profitability, T. Rowe Price Group has a trailing twelve months EPS of $7.76.
PE Ratio
T. Rowe Price Group has a trailing twelve months price to earnings ratio of 14.84. Meaning, the purchaser of the share is investing $14.84 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 18.72%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.6%, now sitting on 6.8B for the twelve trailing months.
Sales Growth
T. Rowe Price Group’s sales growth is 7.6% for the current quarter and 14.6% for the next.
5. Ryder System (R)
11.4% sales growth and 16.06% return on equity
Ryder System, Inc. operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full-service leasing and leasing with flexible maintenance options; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers; access to diesel fuel; and fuel planning and tax reporting, cards, and monitoring services, and centralized billing, as well as sells used vehicles through its retail sales centers and www.ryder.com/used-trucks website, as well as digital and technology support services. The DTS segment offers equipment, maintenance, drivers, administrative, and additional services, as well as routing and scheduling, fleet sizing, safety, regulatory compliance, risk management, and technology and communication systems support services. The SCS segment comprises distribution management services, such as designing and managing customer's distribution network and facilities; coordinating warehousing and transportation for inbound and outbound material flows; handling import and export for international shipments; coordinating just-in-time replenishment of component parts to manufacturing and final assembly; and offering shipments to customer distribution centers or end customer delivery points, as well as other value added services, such as light assembly of components. This segment also offers transportation management and brokerage services, such as shipment optimization, load scheduling, and delivery confirmation services; knowledge-based professional services; and e-commerce and last mile services. The company was founded in 1933 and is headquartered in Coral Gables, Florida.
Earnings Per Share
As for profitability, Ryder System has a trailing twelve months EPS of $10.84.
PE Ratio
Ryder System has a trailing twelve months price to earnings ratio of 12.91. Meaning, the purchaser of the share is investing $12.91 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 16.06%.
6. 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 9.76. Meaning, the purchaser of the share is investing $9.76 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 15.99%.
Sales Growth
StoneX Group’s sales growth is 8.1% for the ongoing quarter and 9.6% for the next.
Yearly Top and Bottom Value
StoneX Group’s stock is valued at $77.66 at 16:22 EST, below its 52-week high of $84.40 and way higher than its 52-week low of $57.46.
7. U.S. Physical Therapy (USPH)
9.5% sales growth and 5.17% return on equity
U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. The company operates through two segments, Physical Therapy Operations and Industrial Injury Prevention Services. It offers industrial injury prevention services, including onsite injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments through physical therapists and specialized certified athletic trainers for Fortune 500 companies, and other clients comprising insurers and their contractors. The company was founded in 1990 and is based in Houston, Texas.
Earnings Per Share
As for profitability, U.S. Physical Therapy has a trailing twelve months EPS of $0.99.
PE Ratio
U.S. Physical Therapy has a trailing twelve months price to earnings ratio of 83.98. Meaning, the purchaser of the share is investing $83.98 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 5.17%.
Yearly Top and Bottom Value
U.S. Physical Therapy’s stock is valued at $83.14 at 16:22 EST, way below its 52-week high of $113.63 and above its 52-week low of $78.08.
Sales Growth
U.S. Physical Therapy’s sales growth is 9.7% for the current quarter and 9.5% for the next.
Volume
Today’s last reported volume for U.S. Physical Therapy is 62979 which is 47.19% below its average volume of 119265.
8. Gaming and Leisure Properties (GLPI)
6.3% sales growth and 18.6% return on equity
Investors interested in stocks from the REIT and Equity Trust – Other sector have probably already heard of Alpine Income (PINE Quick QuotePINE – Free Report) and Gaming and Leisure Properties (GLPI Quick QuoteGLPI – Free Report) . , Right now, Alpine Income is sporting a Zacks Rank of #2 (Buy), while Gaming and Leisure Properties has a Zacks Rank of #3 (Hold).
GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.
Earnings Per Share
As for profitability, Gaming and Leisure Properties has a trailing twelve months EPS of $2.89.
PE Ratio
Gaming and Leisure Properties has a trailing twelve months price to earnings ratio of 18. Meaning, the purchaser of the share is investing $18 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 18.6%.
