(VIANEWS) – AppFolio (APPF), Alphabet (GOOG), Universal Display Corporation (OLED) 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. AppFolio (APPF)
24.9% sales growth and 26.38% return on equity
AppFolio, Inc., together with its subsidiaries, provides industry-specific cloud-based business software solutions, services, and data analytics for the real estate industry. The company offers AppFolio Property Manager, a property management solution designed to address the operational and business requirements of property management companies and their business ecosystems; and AppFolio Investment Management, a cloud-based software solution for real estate investment managers of various sizes that provide tools and services designed to streamline their real estate investment management businesses. It also provides Value+ services that are designed to enhance, automate, and streamline processes and workflows for property management businesses, such as artificial intelligence leasing assistant, tenant screening, electronic payment, utility management, maintenance contact center, tenant debt collection, and mailing services. AppFolio, Inc. was incorporated in 2006 and is headquartered in Santa Barbara, California.
Earnings Per Share
As for profitability, AppFolio has a trailing twelve months EPS of $2.12.
PE Ratio
AppFolio has a trailing twelve months price to earnings ratio of 111.23. Meaning, the purchaser of the share is investing $111.23 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 26.38%.
2. Alphabet (GOOG)
20.9% sales growth and 29.76% return on equity
Alphabet Inc. provides 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 offers products and services, including ads, Android, Chrome, hardware, 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 store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, platform, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded 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 29.95. Meaning, the purchaser of the share is investing $29.95 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 29.76%.
Previous days news about Alphabet(GOOG)
- Are computer and technology stocks lagging Alphabet (googl) this year?. According to Zacks on Thursday, 2 May, "To break things down more, Alphabet belongs to the Internet – Services industry, a group that includes 39 individual companies and currently sits at #26 in the Zacks Industry Rank. "
- According to Zacks on Thursday, 2 May, "Some better-ranked stocks in the broader technology sector are Arista Networks (ANET Quick QuoteANET – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) and Badger Meter (BMI Quick QuoteBMI – Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. "
- According to Zacks on Thursday, 2 May, "Some other top-ranked stocks in the broader technology sector are Arista Networks (ANET Quick QuoteANET – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) and Badger Meter (BMI Quick QuoteBMI – Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. "
3. Universal Display Corporation (OLED)
19.5% sales growth and 14.91% return on equity
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.
Earnings Per Share
As for profitability, Universal Display Corporation has a trailing twelve months EPS of $4.24.
PE Ratio
Universal Display Corporation has a trailing twelve months price to earnings ratio of 38.21. Meaning, the purchaser of the share is investing $38.21 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 14.91%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 0.99%.
Volume
Today’s last reported volume for Universal Display Corporation is 239056 which is 15.85% below its average volume of 284101.
Yearly Top and Bottom Value
Universal Display Corporation’s stock is valued at $162.02 at 20:22 EST, way under its 52-week high of $194.84 and way higher than its 52-week low of $125.98.
Previous days news about Universal Display Corporation(OLED)
- According to Zacks on Friday, 3 May, "Universal Display Corporation price-consensus-eps-surprise-chart | Universal Display Corporation Quote"
4. Louisiana (LPX)
11.2% sales growth and 11.91% return on equity
Louisiana-Pacific Corporation, together with its subsidiaries, manufactures building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through four segments: Siding; North America Oriented Strand Board (OSB); Engineered Wood Products; and South America. The Siding segment offers siding products and related accessories, such as wood-based siding, trim, soffit, and fascia products; and CanExel siding and accessory products, including pre-finished lap and trim products, as well as outdoor building solutions. The OSB segment manufactures and distributes structural panel products comprising OSBs, TechShield radiant barriers, TopNotch sub-floorings, Legacy super tough products, moisture-resistant sub-floorings, and FlameBlock fire-rated sheathing products. The Engineered Wood Products segment provides laminated veneer lumber, laminated strand lumber, and other related products; and I-joists, which are primarily used in residential and commercial floorings, roofing systems, and other structural applications. The South America segment manufactures and distributes OSB and siding products. This segment also distributes and sells related products to augment the transition to wood frame construction. The company also offers timber and timberlands, as well as other products and services. Louisiana-Pacific Corporation sells its products, primarily to retail home centers, wholesalers, distributors, and homebuilding and industrial businesses in North America and South America, as well as in Asia, Australia, and Europe. The company was founded in 1973 and is headquartered in Nashville, Tennessee.
Earnings Per Share
As for profitability, Louisiana has a trailing twelve months EPS of $2.46.
PE Ratio
Louisiana has a trailing twelve months price to earnings ratio of 30.04. Meaning, the purchaser of the share is investing $30.04 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 11.91%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 22, 2024, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 1.42%.
Volume
Today’s last reported volume for Louisiana is 471673 which is 50.85% below its average volume of 959708.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.7%, now sitting on 2.58B for the twelve trailing months.
Sales Growth
Louisiana’s sales growth is 18% for the ongoing quarter and 11.2% for the next.
5. Texas Pacific Land (TPL)
10.6% sales growth and 44.67% return on equity
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Texas Pacific Land has a trailing twelve months EPS of $17.56.
PE Ratio
Texas Pacific Land has a trailing twelve months price to earnings ratio of 34.49. Meaning, the purchaser of the share is investing $34.49 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 44.67%.
Sales Growth
Texas Pacific Land’s sales growth is 5.9% for the present quarter and 10.6% for the next.
Yearly Top and Bottom Value
Texas Pacific Land’s stock is valued at $605.72 at 20:22 EST, under its 52-week high of $666.67 and way higher than its 52-week low of $422.07.
6. Verra Mobility Corporation (VRRM)
7% sales growth and 17.48% return on equity
Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Canada, and Europe. It operates through two segments, Government Solutions and Commercial Services. The Government Solutions segment offers automated safety solutions, including services and technologies that enable photo enforcement through road safety camera programs, which detects and process traffic violations related to red light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Commercial Services segment provides automated toll and violations management, and title and registration solutions to rental car companies, fleet management companies, and other large fleet owners. The company is headquartered in Mesa, Arizona.
Earnings Per Share
As for profitability, Verra Mobility Corporation has a trailing twelve months EPS of $0.36.
PE Ratio
Verra Mobility Corporation has a trailing twelve months price to earnings ratio of 65.25. Meaning, the purchaser of the share is investing $65.25 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 17.48%.
Volume
Today’s last reported volume for Verra Mobility Corporation is 782699 which is 27.33% below its average volume of 1077110.
Moving Average
Verra Mobility Corporation’s worth is above its 50-day moving average of $23.35 and way above its 200-day moving average of $21.14.
Sales Growth
Verra Mobility Corporation’s sales growth is 5.8% for the current quarter and 7% for the next.
Yearly Top and Bottom Value
Verra Mobility Corporation’s stock is valued at $23.49 at 20:22 EST, under its 52-week high of $25.57 and way above its 52-week low of $16.22.
7. InterDigital (IDCC)
6.3% sales growth and 32.17% return on equity
InterDigital, Inc. operates as a global research and development company with focus primarily on wireless, visual, and related technologies. It designs and develops technologies that enable connected in a range of communications and entertainment products and services. It licenses or intend to license its innovations to companies providing products and services, including wireless communications, consumer electronics, personal computer, and automotive, as well as cloud-based services, such as video streaming. It designs and develops a range of innovations for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, 5G, and IEEE 802-related products and networks. The company also develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G, 5G, advanced and 6G, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. In addition, it provides video coding and transmission technologies; and engages in the research and development of artificial intelligence. Further, the company's patented technologies are used in various products that include smartphones, tablets, consumer electronics, and base stations; televisions, laptops, gaming consoles, set-top boxes, streaming devices, and connected automobiles. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.
Earnings Per Share
As for profitability, InterDigital has a trailing twelve months EPS of $7.62.
PE Ratio
InterDigital has a trailing twelve months price to earnings ratio of 13.22. Meaning, the purchaser of the share is investing $13.22 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 32.17%.
Volume
Today’s last reported volume for InterDigital is 360766 which is 33.35% below its average volume of 541301.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 23.2% and a negative 29.1%, respectively.
Moving Average
InterDigital’s worth is under its 50-day moving average of $102.94 and higher than its 200-day moving average of $95.16.
Sales Growth
InterDigital’s sales growth is 23.7% for the ongoing quarter and 6.3% for the next.
Previous days news about InterDigital(IDCC)
- Interdigital (idcc) Q1 earnings: how key metrics compare to wall street estimates. According to Zacks on Thursday, 2 May, "For the quarter ended March 2024, InterDigital (IDCC Quick QuoteIDCC – Free Report) reported revenue of $263.54 million, up 30.2% over the same period last year. ", "Here is how InterDigital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"
- Interdigital (idcc) Q1 earnings beat on higher revenues. According to Zacks on Friday, 3 May, "In the first quarter, InterDigital generated $50.8 million of cash from operating activities against a cash utilization of $27.9 million in the year-earlier quarter. ", "For the second quarter of 2024, InterDigital estimates revenues to be between $93 million and $97 million. "
8. Jack Henry & Associates (JKHY)
5.4% sales growth and 23.06% return on equity
Jack Henry & Associates, Inc., a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. It operates through four segments: Core, Payments, Complementary, and Corporate and Other. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions; core data processing solutions for various credit unions; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial services organizations and corporate entities. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary products and services that enable core bank and credit union clients to respond to evolving customer/member demands. In addition, the company's core banking platform offerings include SilverLake system, a robust system primarily designed for commercial-focused banks; CIF 20/20, a parameter-driven, easy-to-use system for banks; and Core Director, a cost-efficient system with point-and-click operation, as well as core credit union platform under the Symitar name. Further, it provides digital products and services and electronic payment solutions; purchases and resells hardware systems, including servers, workstations, scanners, and other devices; implementation, training, and support services; and software licensing and related services, professional services, and data centers. Jack Henry & Associates, Inc. was founded in 1976 and is headquartered in Monett, Missouri.
Earnings Per Share
As for profitability, Jack Henry & Associates has a trailing twelve months EPS of $5.11.
PE Ratio
Jack Henry & Associates has a trailing twelve months price to earnings ratio of 32.27. Meaning, the purchaser of the share is investing $32.27 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 23.06%.
Moving Average
Jack Henry & Associates’s value is under its 50-day moving average of $170.51 and above its 200-day moving average of $161.99.
Volume
Today’s last reported volume for Jack Henry & Associates is 378670 which is 12.36% below its average volume of 432095.
Yearly Top and Bottom Value
Jack Henry & Associates’s stock is valued at $164.88 at 20:22 EST, under its 52-week high of $178.37 and way above its 52-week low of $136.57.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8%, now sitting on 2.16B for the twelve trailing months.
