(VIANEWS) – Applied Industrial Technologies (AIT), Lancaster Colony Corporation (LANC), Mondelez International (MDLZ) 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. Applied Industrial Technologies (AIT)
9.9% sales growth and 26.92% return on equity
Applied Industrial Technologies, Inc. distributes industrial products in North America, Australia, New Zealand, and Singapore. The company offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It operates in two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, machinery and robotics automation products, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and offers motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company offers equipment repair and technical support services. It offers industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, mining, oil and gas, primary metals, transportation, and utilities, as well as to government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Applied Industrial Technologies has a trailing twelve months EPS of $8.51.
PE Ratio
Applied Industrial Technologies has a trailing twelve months price to earnings ratio of 16.76. Meaning, the purchaser of the share is investing $16.76 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 26.92%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.4%, now sitting on 4.32B for the twelve trailing months.
2. Lancaster Colony Corporation (LANC)
9.6% sales growth and 15.32% return on equity
Lancaster Colony Corporation manufactures and markets food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice. It offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Cardini's, and Girard's; flatbread wraps and pizza crusts under the Flatout brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti; frozen pasta under the Marzetti Frozen Pasta brand; and vegetable and fruit dips under the Marzetti brand. In addition, it manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.
Earnings Per Share
As for profitability, Lancaster Colony Corporation has a trailing twelve months EPS of $4.76.
PE Ratio
Lancaster Colony Corporation has a trailing twelve months price to earnings ratio of 40.61. Meaning, the purchaser of the share is investing $40.61 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 15.32%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Lancaster Colony Corporation’s EBITDA is 127.86.
3. Mondelez International (MDLZ)
9.2% sales growth and 14.75% return on equity
Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company's brand portfolio includes Oreo, Ritz, LU, CLIF Bar, and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka, and Toblerone chocolate. It serves supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets through direct store delivery, company-owned and satellite warehouses, third party distributors, and other facilities, as well as through independent sales offices and agents. The company was formerly known as Kraft Foods Inc. and changed its name to Mondelez International, Inc. in October 2012. Mondelez International, Inc. was incorporated in 2000 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Mondelez International has a trailing twelve months EPS of $2.87.
PE Ratio
Mondelez International has a trailing twelve months price to earnings ratio of 25.76. Meaning, the purchaser of the share is investing $25.76 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 14.75%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 5.4% and 9.6%, respectively.
Yearly Top and Bottom Value
Mondelez International’s stock is valued at $73.92 at 06:22 EST, below its 52-week high of $78.59 and way higher than its 52-week low of $54.72.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Mondelez International’s EBITDA is 3.54.
Volume
Today’s last reported volume for Mondelez International is 1315250 which is 79.48% below its average volume of 6412500.
4. United Airlines (UAL)
9.2% sales growth and 45.69% return on equity
United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, United Airlines has a trailing twelve months EPS of $7.85.
PE Ratio
United Airlines has a trailing twelve months price to earnings ratio of 6.67. Meaning, the purchaser of the share is investing $6.67 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 45.69%.
Volume
Today’s last reported volume for United Airlines is 1956920 which is 70.07% below its average volume of 6538420.
Yearly Top and Bottom Value
United Airlines’s stock is valued at $52.35 at 06:22 EST, way below its 52-week high of $58.23 and way above its 52-week low of $31.58.
Moving Average
United Airlines’s worth is below its 50-day moving average of $53.42 and way higher than its 200-day moving average of $47.27.
Previous days news about United Airlines(UAL)
- According to Zacks on Monday, 14 August, "For 2023, United Airlines expects capacity to improve almost 18% from the year-ago reported figure. ", "In a bid to modernize its fleet, United Airlines will purchase 100 Boeing 787 Dreamliners, with options to buy 100 more. "
- According to Zacks on Monday, 14 August, "For third-quarter 2023, United Airlines anticipates capacity to improve 16% from the year-ago reported figure. "
5. Globus Medical (GMED)
6.7% sales growth and 10.88% return on equity
Globus Medical, Inc., a medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally. It offers spine products, such as traditional fusion implants comprising pedicle screw and rod systems, plating systems, intervertebral spacers, and corpectomy devices for treating degenerative, deformity, tumors, and trauma conditions; treatment options for motion preservation technologies that consist of dynamic stabilization, total disc replacement, and interspinous distraction devices; interventional pain management solutions to treat vertebral compression fractures; and regenerative biologic products comprising of allografts and synthetic alternatives. The company also offers products for the treatment of orthopedic trauma, including fracture plates, compression screws, intramedullary nails, and external fixation systems; and hip and knee joint solutions, including modular hip stems and acetabular cups, as well as posterior stabilizing and cruciate retaining knee arthroplasty implants. In addition, it distributes human cell, tissue, and cellular and tissue-based products. Globus Medical, Inc. was incorporated in 2003 and is headquartered in Audubon, Pennsylvania.
Earnings Per Share
As for profitability, Globus Medical has a trailing twelve months EPS of $1.99.
PE Ratio
Globus Medical has a trailing twelve months price to earnings ratio of 30.62. Meaning, the purchaser of the share is investing $30.62 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 10.88%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Globus Medical’s EBITDA is 69.02.
Volume
Today’s last reported volume for Globus Medical is 646544 which is 36.94% below its average volume of 1025330.
Moving Average
Globus Medical’s value is higher than its 50-day moving average of $58.05 and under its 200-day moving average of $62.92.
