(VIANEWS) – Atmos Energy Corporation (ATO), Powell Industries (POWL), EastGroup Properties (EGP) 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. Atmos Energy Corporation (ATO)
35.1% sales growth and 9.16% return on equity
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates in two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately three million residential, commercial, public authority, and industrial customers. As of September 30, 2020, it owned 71,558 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage reservoirs in Texas; and provides ancillary services to the pipeline industry, including parking arrangements, lending, and inventory sales. As of September 30, 2020, it owned 5,684 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Atmos Energy Corporation has a trailing twelve months EPS of $6.63.
PE Ratio
Atmos Energy Corporation has a trailing twelve months price to earnings ratio of 19.22. Meaning, the purchaser of the share is investing $19.22 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 9.16%.
Moving Average
Atmos Energy Corporation’s value is higher than its 50-day moving average of $118.88 and way higher than its 200-day moving average of $115.63.
Yearly Top and Bottom Value
Atmos Energy Corporation’s stock is valued at $127.45 at 20:22 EST, under its 52-week high of $132.24 and way above its 52-week low of $101.00.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.9%, now sitting on 4.06B for the twelve trailing months.
2. Powell Industries (POWL)
11.1% sales growth and 29.29% return on equity
Powell Industries, Inc., together with its subsidiaries, designs, develops, manufactures, sells, and services custom-engineered equipment and systems for the distribution, control, and monitoring of electrical energy. The company's principal products include integrated power control room substations, custom-engineered modules, electrical houses, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, and bus duct systems, as well as traditional and arc-resistant distribution switchgears and control gears. Its products have application in voltages ranging from 480 volts to 38,000 volts; and are used in oil and gas refining, onshore and offshore oil and gas production, petrochemical, liquid natural gas terminals, pipeline, terminal, mining and metals, light rail traction power, electric utility, pulp and paper, and other heavy industrial markets. It also provides value-added services, such as spare parts, field service inspection, installation, commissioning, modification and repair, retrofit and retrofill components for existing systems, and replacement circuit breakers for switchgear. The company has operations in the United States, Canada, the Middle East, Africa, Europe, Mexico, and Central and South America. Powell Industries, Inc. was founded in 1947 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Powell Industries has a trailing twelve months EPS of $8.42.
PE Ratio
Powell Industries has a trailing twelve months price to earnings ratio of 16.54. Meaning, the purchaser of the share is investing $16.54 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 29.29%.
Sales Growth
Powell Industries’s sales growth for the next quarter is 11.1%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 42.1% and 18.5%, respectively.
3. EastGroup Properties (EGP)
11% sales growth and 9.09% return on equity
EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.7 million square feet.
Earnings Per Share
As for profitability, EastGroup Properties has a trailing twelve months EPS of $4.8.
PE Ratio
EastGroup Properties has a trailing twelve months price to earnings ratio of 37.61. Meaning, the purchaser of the share is investing $37.61 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 9.09%.
Sales Growth
EastGroup Properties’s sales growth for the next quarter is 11%.
Moving Average
EastGroup Properties’s worth is above its 50-day moving average of $174.29 and higher than its 200-day moving average of $173.76.
4. U.S. Physical Therapy (USPH)
7.6% sales growth and 6.47% return on equity
U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. The company operates through two segments, Physical Therapy Operations and Industrial Injury Prevention Services. It offers industrial injury prevention services, including onsite injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments through physical therapists and specialized certified athletic trainers for Fortune 500 companies, and other clients comprising insurers and their contractors. The company was founded in 1990 and is based in Houston, Texas.
Earnings Per Share
As for profitability, U.S. Physical Therapy has a trailing twelve months EPS of $1.16.
PE Ratio
U.S. Physical Therapy has a trailing twelve months price to earnings ratio of 76.17. Meaning, the purchaser of the share is investing $76.17 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 6.47%.
5. Artesian Resources Corporation (ARTNA)
5.9% sales growth and 7.92% return on equity
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
Earnings Per Share
As for profitability, Artesian Resources Corporation has a trailing twelve months EPS of $1.78.
PE Ratio
Artesian Resources Corporation has a trailing twelve months price to earnings ratio of 20.66. Meaning, the purchaser of the share is investing $20.66 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 7.92%.
6. Meta Platforms (META)
5.1% sales growth and 35.37% return on equity
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California
Earnings Per Share
As for profitability, Meta Platforms has a trailing twelve months EPS of $14.86.
PE Ratio
Meta Platforms has a trailing twelve months price to earnings ratio of 34.45. Meaning, the purchaser of the share is investing $34.45 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 35.37%.
Yearly Top and Bottom Value
Meta Platforms’s stock is valued at $511.90 at 20:22 EST, below its 52-week high of $542.81 and way above its 52-week low of $274.38.
Sales Growth
Meta Platforms’s sales growth is 9.4% for the present quarter and 5.1% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 0.39%.
Previous days news about Meta Platforms(META)
- Zacks investment ideas feature highlights: palantir and meta platforms. According to Zacks on Monday, 12 August, "Chicago, IL - August 12, 2024 - Today, Zacks Investment Ideas feature highlights Palantir (PLTR Quick QuotePLTR – Free Report) and Meta Platforms (META Quick QuoteMETA – Free Report) .", "Mega-cap giant Meta Platforms was one of the few Mag 7 members to see a positive reaction to its quarterly results, with the company again exceeding both earnings and revenue expectations. "
- According to Zacks on Monday, 12 August, "Thiel was the first outside investor in Meta Platforms ((META Quick QuoteMETA – Free Report) ), formerly, Facebook. "
- According to Zacks on Monday, 12 August, "In the United States, Meta Platforms is rolling out new features like Imagine edit, which allows people to edit images they generate with Meta AI."
