Anterix And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Anterix (ATEX), Taiwan Semiconductor (TSM), MakeMyTrip Limited (MMYT) 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. Anterix (ATEX)

199.3% sales growth and 4.37% return on equity

Anterix Inc. operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks, technologies, and solutions. It holds licensed spectrum in the 900 MHz band with nationwide coverage throughout the United States, Alaska, Hawaii, and Puerto Rico. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.

Earnings Per Share

As for profitability, Anterix has a trailing twelve months EPS of $0.4.

PE Ratio

Anterix has a trailing twelve months price to earnings ratio of 74.85. Meaning, the purchaser of the share is investing $74.85 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 4.37%.

Sales Growth

Anterix’s sales growth for the next quarter is 199.3%.

Volume

Today’s last reported volume for Anterix is 74408 which is 45.14% below its average volume of 135642.

Revenue Growth

Year-on-year quarterly revenue growth grew by 164.3%, now sitting on 2.85M for the twelve trailing months.

2. Taiwan Semiconductor (TSM)

25% sales growth and 26% return on equity

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors. The company also offers customer support and engineering services, as well as manufactures masks. Its products are used in high performance computing, smartphone, Internet of things, automotive, and digital consumer electronics. The company was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.

Earnings Per Share

As for profitability, Taiwan Semiconductor has a trailing twelve months EPS of $5.17.

PE Ratio

Taiwan Semiconductor has a trailing twelve months price to earnings ratio of 22.38. Meaning, the purchaser of the share is investing $22.38 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%.

3. MakeMyTrip Limited (MMYT)

22.5% sales growth and 5.58% return on equity

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its Websites makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2021, it had approximately 150 franchisee-owned travel stores. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

Earnings Per Share

As for profitability, MakeMyTrip Limited has a trailing twelve months EPS of $0.46.

PE Ratio

MakeMyTrip Limited has a trailing twelve months price to earnings ratio of 120.41. Meaning, the purchaser of the share is investing $120.41 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 5.58%.

Sales Growth

MakeMyTrip Limited’s sales growth is 33.6% for the current quarter and 22.5% for the next.

Moving Average

MakeMyTrip Limited’s value is way above its 50-day moving average of $45.93 and way above its 200-day moving average of $35.98.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MakeMyTrip Limited’s EBITDA is 7.81.

4. Woodward (WWD)

21.7% sales growth and 11.7% return on equity

Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment offers fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles; and flight deck controls, actuators, servo controls, and motors and sensors for aircraft that are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems. It also provides aftermarket maintenance, repair and overhaul, and other services to commercial airlines, repair facilities, military depots, third party repair shops, and other end users. This segment sells its products to original equipment manufacturers (OEMs), tier-one suppliers, and various contractors, as well as through aftermarket sales of components, such as provisioning spares or replacements, and spare parts. The Industrial segment designs, produces, and services systems and products for the management of fuel, air, fluids, gases, motion, combustion, and electricity. Its products include actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, power converters, sensors, and other devices that measure, communicate, and protect electrical distribution systems for use in industrial gas turbines, steam turbines, reciprocating engines, electric power generation and power distribution systems, wind turbines, and compressors. This segment sells its aftermarket products, and other related services to OEMs through an independent network of distributors, as well as directly to end users. The company was founded in 1870 and is headquartered in Fort Collins, Colorado.

Earnings Per Share

As for profitability, Woodward has a trailing twelve months EPS of $3.78.

PE Ratio

Woodward has a trailing twelve months price to earnings ratio of 36.04. Meaning, the purchaser of the share is investing $36.04 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 11.7%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Woodward’s EBITDA is 58.23.

Moving Average

Woodward’s worth is higher than its 50-day moving average of $133.93 and way higher than its 200-day moving average of $120.88.

Volume

Today’s last reported volume for Woodward is 304698 which is 12.84% below its average volume of 349603.

Previous days news about Woodward(WWD)

  • Woodward, inc. (wwd) soars to 52-week high, time to cash out?. According to Zacks on Wednesday, 31 January, "Thus, it seems as though Woodward shares could have potential in the weeks and months to come.", "In its last earnings report on January 29, 2024, Woodward reported EPS of $1.45 versus consensus estimate of $1.1."
  • According to Zacks on Thursday, 1 February, "Reporting its fiscal first quarter results on Monday, energy control and optimization solutions provider Woodward is intriguing as well. "
  • Bull of the day: woodward (wwd). According to Zacks on Friday, 2 February, "Earlier this week, Woodward reported Q1 EPS at $1.45 v $1.10 expected, or a 32% surprise to the upside. "

5. Progyny (PGNY)

21% sales growth and 12.06% return on equity

Progyny, Inc., a benefits management company, specializes in fertility and family building benefits solutions for employers in the United States. Its fertility benefits solution includes differentiated benefits plan design, personalized concierge-style member support services, and selective network of fertility specialists. The company also offers Progyny Rx, an integrated pharmacy benefits solution that provides its members with access to the medications needed during their treatment. In addition, it provides surrogacy and adoption reimbursement programs for employers. The company was formerly known as Auxogyn, Inc. and changed its name to Progyny, Inc. in 2015. Progyny, Inc. was incorporated in 2008 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Progyny has a trailing twelve months EPS of $0.51.

PE Ratio

Progyny has a trailing twelve months price to earnings ratio of 73.35. Meaning, the purchaser of the share is investing $73.35 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 12.06%.

Volume

Today’s last reported volume for Progyny is 439795 which is 42.86% below its average volume of 769791.

Moving Average

Progyny’s value is higher than its 50-day moving average of $35.32 and higher than its 200-day moving average of $35.94.

6. Agree Realty Corporation (ADC)

14.4% sales growth and 3.38% return on equity

Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of June 30, 2020, the Company owned and operated a portfolio of 936 properties, located in 46 states and containing approximately 18.4 million square feet of gross leasable area. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol "ADC".

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 35.98. Meaning, the purchaser of the share is investing $35.98 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 3.38%.

Moving Average

Agree Realty Corporation’s value is above its 50-day moving average of $60.49 and under its 200-day moving average of $62.19.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Agree Realty Corporation’s EBITDA is 65.15.

Volume

Today’s last reported volume for Agree Realty Corporation is 2023030 which is 113% above its average volume of 949747.

Sales Growth

Agree Realty Corporation’s sales growth is 21.2% for the ongoing quarter and 14.4% for the next.

7. Western Alliance Bancorporation (WAL)

10.1% sales growth and 12.64% return on equity

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, funds transfer and other digital payment offerings, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Western Alliance Bancorporation has a trailing twelve months EPS of $6.54.

PE Ratio

Western Alliance Bancorporation 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 12.64%.

Sales Growth

Western Alliance Bancorporation’s sales growth is negative 1.6% for the ongoing quarter and 10.1% for the next.

Volume

Today’s last reported volume for Western Alliance Bancorporation is 2930400 which is 110.93% above its average volume of 1389220.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 15, 2023, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 2.2%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 3.6%, now sitting on 2.56B for the twelve trailing months.

8. Hartford Financial Services Group (HIG)

9.9% sales growth and 17.43% return on equity

The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.

Earnings Per Share

As for profitability, Hartford Financial Services Group has a trailing twelve months EPS of $7.27.

PE Ratio

Hartford Financial Services Group has a trailing twelve months price to earnings ratio of 12.43. Meaning, the purchaser of the share is investing $12.43 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 17.43%.

Moving Average

Hartford Financial Services Group’s value is way higher than its 50-day moving average of $80.34 and way higher than its 200-day moving average of $73.77.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.6%, now sitting on 24.17B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 5.2% and 39.3%, respectively.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 29, 2023, the estimated forward annual dividend rate is 1.88 and the estimated forward annual dividend yield is 2.17%.

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