(VIANEWS) – Anterix (ATEX), First Internet Bancorp (INBK), Viad Corp (VVI) 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)
48.9% sales growth and 9.55% 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 $0.83.
PE Ratio
Anterix has a trailing twelve months price to earnings ratio of 38.99. Meaning, the purchaser of the share is investing $38.99 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 9.55%.
Moving Average
Anterix’s worth is below its 50-day moving average of $32.53 and below its 200-day moving average of $32.78.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 150% and a negative 263.6%, respectively.
Volume
Today’s last reported volume for Anterix is 132804 which is 40.56% above its average volume of 94482.
Yearly Top and Bottom Value
Anterix’s stock is valued at $32.36 at 16:22 EST, way under its 52-week high of $40.45 and way higher than its 52-week low of $27.20.
2. First Internet Bancorp (INBK)
30.5% sales growth and 4.6% return on equity
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial, small business, consumer, and municipal products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, savings, money market, commercial and brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity line of credit and home improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of municipal finance lending and leasing products to government entities In addition, it offers corporate credit card and treasury management services. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana.
Earnings Per Share
As for profitability, First Internet Bancorp has a trailing twelve months EPS of $1.87.
PE Ratio
First Internet Bancorp has a trailing twelve months price to earnings ratio of 14.03. Meaning, the purchaser of the share is investing $14.03 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 4.6%.
3. Viad Corp (VVI)
25.3% sales growth and 8.6% return on equity
Viad Corp operates as an experiential leisure travel, and live events and marketing services company in the United States, Canada, the United Kingdom, the United Arab Emirates, Netherlands, and Iceland. It operates through Pursuit, Spiro, and GES Exhibitions segments. The Pursuit segment offers vertically integrated attractions and hospitality in destinations with a collection of attractions, lodges, and sightseeing tours. The GES Exhibition operates as an exhibition services company that partners with exhibition and conference organizers as a full-service provider of strategic and logistics solutions to manage the complexity of their shows. The Spiro operates experiential marketing agency that partners with brands around the world to manage and elevate their global experiential marketing activities. In addition, the company offers a collection of travel experiences in recreational attractions, food and beverage, retail, and ground transportation services. It serves event organizers and corporate brand marketers directly, as well as through a distribution channel network that include tour operators, tour wholesalers, destination management companies, and retail travel agencies. Viad Corp was founded in 1926 and is headquartered in Scottsdale, Arizona.
Earnings Per Share
As for profitability, Viad Corp has a trailing twelve months EPS of $0.15.
PE Ratio
Viad Corp has a trailing twelve months price to earnings ratio of 229.93. Meaning, the purchaser of the share is investing $229.93 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 8.6%.
Volume
Today’s last reported volume for Viad Corp is 27761 which is 64.38% below its average volume of 77939.
4. Clearwater Paper Corporation (CLW)
22.7% sales growth and 15.84% return on equity
Clearwater Paper Corporation produces and sells private label tissue and bleached paperboard products in the United States and internationally. The company operates through two segments, Consumer Products, and Pulp and Paperboard. The Consumer Products segment manufactures and sells a line of at-home tissue products, including bath tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home products and parent rolls. This segment sells its products to retailers and wholesale distributors, including grocery, drug, mass merchants, and discount stores. The Pulp and Paperboard segment manufactures and markets bleached paperboard, folding cartons, liquid packaging, cups and plates, blister and carded packaging, top sheet and commercial printing grades and softwood pulp products, as well as offers custom sheeting, slitting and cutting of paperboard. It sells its products to packaging converters, folding carton converters, merchants, and commercial printers. Clearwater Paper Corporation was incorporated in 2005 and is headquartered in Spokane, Washington.
Earnings Per Share
As for profitability, Clearwater Paper Corporation has a trailing twelve months EPS of $5.92.
PE Ratio
Clearwater Paper Corporation has a trailing twelve months price to earnings ratio of 8.56. Meaning, the purchaser of the share is investing $8.56 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 15.84%.
Volume
Today’s last reported volume for Clearwater Paper Corporation is 32294 which is 82.41% below its average volume of 183634.
Sales Growth
Clearwater Paper Corporation’s sales growth is negative 5.3% for the present quarter and 22.7% for the next.
Moving Average
Clearwater Paper Corporation’s worth is above its 50-day moving average of $46.70 and way higher than its 200-day moving average of $39.02.
5. Northern Technologies International Corporation (NTIC)
18.8% sales growth and 8.61% return on equity
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company also provides a portfolio of biobased and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site and technical consulting for rust and corrosion prevention issues. The company sells its products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets through direct sales force, network of independent distributors and agents, manufacturer's sales representatives, strategic partners, and joint venture. Northern Technologies International Corporation was founded in 1970 and is headquartered in Circle Pines, Minnesota.
Earnings Per Share
As for profitability, Northern Technologies International Corporation has a trailing twelve months EPS of $0.48.
PE Ratio
Northern Technologies International Corporation has a trailing twelve months price to earnings ratio of 34.23. Meaning, the purchaser of the share is investing $34.23 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 8.61%.
Sales Growth
Northern Technologies International Corporation’s sales growth for the next quarter is 18.8%.
Volume
Today’s last reported volume for Northern Technologies International Corporation is 43188 which is 2.84% below its average volume of 44453.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 41.2% and 733.3%, respectively.
6. Patrick Industries (PATK)
16.6% sales growth and 14.58% return on equity
Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.
Earnings Per Share
As for profitability, Patrick Industries has a trailing twelve months EPS of $6.74.
PE Ratio
Patrick Industries has a trailing twelve months price to earnings ratio of 16.02. Meaning, the purchaser of the share is investing $16.02 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 14.58%.
Sales Growth
Patrick Industries’s sales growth is 5.9% for the current quarter and 16.6% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.7%, now sitting on 3.5B for the twelve trailing months.
Moving Average
Patrick Industries’s worth is under its 50-day moving average of $109.18 and way higher than its 200-day moving average of $97.62.
7. Fabrinet Ordinary Shares (FN)
13.2% sales growth and 17.79% return on equity
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances. The company's products also comprise tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. In addition, it provides solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. Further, the company designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components, and substrates; and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company was incorporated in 1999 and is based in George Town, the Cayman Islands.
Earnings Per Share
As for profitability, Fabrinet Ordinary Shares has a trailing twelve months EPS of $7.54.
PE Ratio
Fabrinet Ordinary Shares has a trailing twelve months price to earnings ratio of 31.95. Meaning, the purchaser of the share is investing $31.95 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 17.79%.
Moving Average
Fabrinet Ordinary Shares’s worth is way above its 50-day moving average of $207.96 and way higher than its 200-day moving average of $187.97.
Yearly Top and Bottom Value
Fabrinet Ordinary Shares’s stock is valued at $240.92 at 16:22 EST, under its 52-week high of $250.38 and way above its 52-week low of $114.83.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10%, now sitting on 2.79B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 20.4% and 12%, respectively.
8. Alphabet (GOOGL)
11.8% sales growth and 29.76% return on equity
Thus, with things predominantly looking up for Wall Street in 2024, astute investors should place their bets on solid growth stocks such as Alphabet Inc. (GOOGL Quick QuoteGOOGL – Free Report) , NVIDIA Corporation (NVDA Quick QuoteNVDA – Free Report) , Hanesbrands Inc. (HBI Quick QuoteHBI – Free Report) , Amkor Technology, Inc. (AMKR Quick QuoteAMKR – Free Report) and Inseego Corp. (INSG Quick QuoteINSG – Free Report) .
Cruise and other self-driving vehicle companies like Alphabet Inc.’s (GOOG Quick QuoteGOOG – Free Report) Waymo and Amazon’s Zoox have faced intense scrutiny from regulators due to safety concerns following multiple crashes involving their vehicles.
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 27.19. Meaning, the purchaser of the share is investing $27.19 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 29.76%.
Sales Growth
Alphabet’s sales growth is 12.7% for the current quarter and 11.8% for the next.
Volume
Today’s last reported volume for Alphabet is 23953000 which is 24.46% below its average volume of 31710200.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 27.8% and 18.1%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 10, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 0.45%.
Previous days news about Alphabet(GOOGL)
- Alphabet's (googl) growing youtube efforts boost prospects. According to Zacks on Friday, 21 June, "Moreover, these would also aid Alphabet in narrowing down the gap with Spotify (SPOT Quick QuoteSPOT – Free Report) , which holds a dominant position in the music streaming market.", "The company is continuously expanding YouTube capabilities thereby enhancing user experiencePer a 9to5Google report, Alphabet introduced a redesign for YouTube Music on the web. "
