(VIANEWS) – Artisan Partners Asset Management (APAM), Fortinet (FTNT), Virtus Investment Partners (VRTS) 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. Artisan Partners Asset Management (APAM)
12.6% sales growth and 55.84% return on equity
Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.
Earnings Per Share
As for profitability, Artisan Partners Asset Management has a trailing twelve months EPS of $3.35.
PE Ratio
Artisan Partners Asset Management has a trailing twelve months price to earnings ratio of 13.59. Meaning, the purchaser of the share is investing $13.59 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 55.84%.
2. Fortinet (FTNT)
12.2% sales growth and 430.88% return on equity
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products. The company also provides the Fortinet Unified SASE solutions that include firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security, including web application firewalls, virtualized firewalls, and cloud-native firewalls. In addition, it offers security operations solutions comprising FortiAI generative AI assistant, FortiSIEM security information and event management, FortiSOAR security orchestration, automation and response, FortiEDR endpoint detection and response, FortiXDR extended detection and response, FortiMDR managed detection and response service, FortiNDR network detection and response, FortiRecon digital risk protection, FortiDeceptor deception technology, FortiGuard SoCaaS, FortiSandbox sandboxing, FortiGuard incident response, and other products. Further, the company offers FortiGuard security services consisting of FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training services to customers and channel partners, as well as operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization. It serves enterprise, communication and security service providers, government organizations, and small and medium-sized businesses. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.
Earnings Per Share
As for profitability, Fortinet has a trailing twelve months EPS of $1.46.
PE Ratio
Fortinet has a trailing twelve months price to earnings ratio of 45.51. Meaning, the purchaser of the share is investing $45.51 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 430.88%.
Previous days news about Fortinet(FTNT)
- According to Zacks on Friday, 18 October, "Some other top-ranked stocks in the broader technology sector are CyberArk Software (CYBR Quick QuoteCYBR – Free Report) , F5 Inc (FFIV Quick QuoteFFIV – Free Report) and Fortinet (FTNT Quick QuoteFTNT – Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. "
3. Virtus Investment Partners (VRTS)
11.5% sales growth and 14.28% return on equity
Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.
Earnings Per Share
As for profitability, Virtus Investment Partners has a trailing twelve months EPS of $14.95.
PE Ratio
Virtus Investment Partners has a trailing twelve months price to earnings ratio of 13.77. Meaning, the purchaser of the share is investing $13.77 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 14.28%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 31, 2024, the estimated forward annual dividend rate is 9 and the estimated forward annual dividend yield is 4.37%.
Sales Growth
Virtus Investment Partners’s sales growth is 5.6% for the ongoing quarter and 11.5% for the next.
Previous days news about Virtus Investment Partners(VRTS)
- Virtus investment partners (vrts) earnings expected to grow: what to know ahead of next week's release. According to Zacks on Friday, 18 October, "The market expects Virtus Investment Partners (VRTS Quick QuoteVRTS – Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. "
