(VIANEWS) – BanColombia S.A. (CIB), ServiceNow (NOW), QUALCOMM (QCOM) 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. BanColombia S.A. (CIB)
46.3% sales growth and 16.3% return on equity
Bancolombia S. A. provides various banking products and services to individual and corporate customers in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, and overdrafts; financial support to real estate developers and mortgages for individuals and companies; and financial and operating leasing services. The company also provides hedging instruments, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency transaction services; life, auto, commercial, and homeowner's insurance products; and online and computer banking services. Further, the company provides investment banking services comprising project and acquisition finance, debt and equity capital markets, principal investments, M&A, restructurings, and structured financing; money market accounts, mutual and pension funds, private equity funds, payment trust, custody, and corporate trust; and digital banking platform, transportation, securities brokerage, maintenance and remodeling, advertising and marketing, and outsourcing services, as well as credit cards. As of December 31, 2020, it operated 1,057 branches; 18,631 banking correspondents; 535 PAMs; 215 kiosks in El Salvador and 137 in Colombia; and 6,124 automatic teller machines. Bancolombia S.A. was incorporated in 1945 and is headquartered in MedellÃn, Colombia.
Earnings Per Share
As for profitability, BanColombia S.A. has a trailing twelve months EPS of $6.39.
PE Ratio
BanColombia S.A. has a trailing twelve months price to earnings ratio of 5.1. Meaning, the purchaser of the share is investing $5.1 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 16.3%.
Sales Growth
BanColombia S.A.’s sales growth is 58.8% for the ongoing quarter and 46.3% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 27, 2024, the estimated forward annual dividend rate is 3.4 and the estimated forward annual dividend yield is 10.35%.
Moving Average
BanColombia S.A.’s worth is below its 50-day moving average of $34.59 and higher than its 200-day moving average of $30.71.
Yearly Top and Bottom Value
BanColombia S.A.’s stock is valued at $32.59 at 01:22 EST, way below its 52-week high of $37.85 and way above its 52-week low of $24.15.
2. ServiceNow (NOW)
20.3% sales growth and 28.13% return on equity
ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools. It also provides asset management, cloud observability, integrated risk management; information technology (IT) service management applications; IT service management product suite for enterprise's employees, customers, and partners; strategic portfolio management product suite; IT operations management product that connects a customer's physical and cloud-based IT infrastructure; IT asset management; and security operations that connects with internal and third party. In addition, the company offers integrated risk management product to manage risk and resilience; environmental, social and governance management product; human resources, legal, and workplace service delivery products; customer service management product; and field service management applications. Further, the company provides app engine product; automation engine; platform privacy and security product; and source-to-pay operations. It serves to government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through service providers and resale partners. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. ServiceNow, Inc. was founded in 2004 and is headquartered in Santa Clara, California.
Earnings Per Share
As for profitability, ServiceNow has a trailing twelve months EPS of $8.41.
PE Ratio
ServiceNow has a trailing twelve months price to earnings ratio of 91.4. Meaning, the purchaser of the share is investing $91.4 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 28.13%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.2%, now sitting on 9.48B for the twelve trailing months.
Sales Growth
ServiceNow’s sales growth for the next quarter is 20.3%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 19.8% and 18.8%, respectively.
Yearly Top and Bottom Value
ServiceNow’s stock is valued at $768.71 at 01:22 EST, under its 52-week high of $815.32 and way above its 52-week low of $527.24.
Previous days news about ServiceNow(NOW)
- The zacks analyst blog highlights the procter & gamble, ServiceNow, lockheed martin and steel partners. According to Zacks on Wednesday, 12 June, "Its significant international presence exposes it to foreign currency risks, which acts as a headwind.(You can read the full research report on Procter & Gamble here >>>)Shares of ServiceNow have gained +0.4% over the year-to-date period against the Zacks Computers – IT Services industry’s gain of +5.1%. ", "Nevertheless, ServiceNow is suffering from high inflation, stiff competition, and a challenging macro-economic environment.(You can read the full research report on ServiceNow here >>>)Lockheed Martin shares have outperformed the Zacks Aerospace – Defense industry over the past year (+4.5% vs. -10.1%). "
3. QUALCOMM (QCOM)
12.7% sales growth and 38.27% return on equity
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and related products to the United States government agencies and their contractors. The company was incorporated in 1985 and is headquartered in San Diego, California.
Earnings Per Share
As for profitability, QUALCOMM has a trailing twelve months EPS of $7.01.
PE Ratio
QUALCOMM has a trailing twelve months price to earnings ratio of 24.44. Meaning, the purchaser of the share is investing $24.44 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 38.27%.
Previous days news about QUALCOMM(QCOM)
- According to FXStreet on Wednesday, 12 June, "In our Elliott Wave analysis of QUALCOMM Inc. (QCOM), weobserve an impulsive trend characterized by a Motive wave structure. ", "Welcome to our latest Elliott Wave analysis for QUALCOMM Inc. (QCOM) as of June12, 2024. "
4. CONMED Corporation (CNMD)
9.7% sales growth and 10.25% return on equity
CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for minimally invasive procedures worldwide. It offers orthopedic surgery products, including sports medicine products comprising powered resection instruments, arthroscopes, reconstructive systems, tissue repair sets, and metal and bioabsorbable implants, as well as related disposable products and fluid management systems; powered surgical instruments for use in bone orthopedic, arthroscopic, oral/maxillofacial, podiatric, spinal, and cardiothoracic surgeries; sports biologics and tissue products; and surgical visualization products. The company markets orthopedic surgery products under the Hall, CONMED Linvatec, Concept, and Shutt brands. It also offers general surgery products, such as clinical insufflation, smoke evacuation, electrosurgical, and endomechanical products; and endoscopic technologies, including diagnostic and therapeutic products for use in gastroenterology procedures, and products for the treatment of diseases of the biliary structures, as well as cardiac monitoring products comprising ECG and EEG electrodes, and cardiac defibrillation pads. The company markets its products directly to hospitals, surgery centers, and other healthcare institutions, as well as through medical specialty distributors. CONMED Corporation was incorporated in 1970 and is headquartered in Largo, Florida.
Earnings Per Share
As for profitability, CONMED Corporation has a trailing twelve months EPS of $2.61.
PE Ratio
CONMED Corporation has a trailing twelve months price to earnings ratio of 29.29. Meaning, the purchaser of the share is investing $29.29 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 10.25%.
Sales Growth
CONMED Corporation’s sales growth is 9.2% for the ongoing quarter and 9.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.7%, now sitting on 1.26B for the twelve trailing months.
Yearly Top and Bottom Value
CONMED Corporation’s stock is valued at $76.44 at 01:22 EST, way below its 52-week high of $138.47 and way higher than its 52-week low of $61.05.
5. Arrow Financial Corporation (AROW)
8.1% sales growth and 7.87% return on equity
Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 26 branch banking offices; and leases 12 branch banking offices, as well as two residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.
Earnings Per Share
As for profitability, Arrow Financial Corporation has a trailing twelve months EPS of $1.72.
PE Ratio
Arrow Financial Corporation has a trailing twelve months price to earnings ratio of 14.6. Meaning, the purchaser of the share is investing $14.6 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 7.87%.
6. iRadimed Corporation (IRMD)
7.2% sales growth and 25.52% return on equity
IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical support representatives, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.
Earnings Per Share
As for profitability, iRadimed Corporation has a trailing twelve months EPS of $1.4.
PE Ratio
iRadimed Corporation has a trailing twelve months price to earnings ratio of 30.94. Meaning, the purchaser of the share is investing $30.94 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 25.52%.
Volume
Today’s last reported volume for iRadimed Corporation is 38682 which is 17.79% below its average volume of 47057.
Moving Average
iRadimed Corporation’s value is above its 50-day moving average of $42.40 and under its 200-day moving average of $43.41.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.7%, now sitting on 67.69M for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 17, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 1.39%.
7. Northrim BanCorp (NRIM)
5.1% sales growth and 12.4% return on equity
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement accounts, money market deposit accounts, and certificates of deposit. It also provides family residential mortgages; commercial loans, such as secured and unsecured loans for working capital and expansion; commercial real estate loans; construction loans for commercial real estate projects, and land development and residential subdivision construction loans; and loans for automobiles, recreational vehicles, boats, and other consumer purchases, as well as home equity and commercial credit lines, and factoring services. In addition, the company offers other services that include consumer online banking, mobile app and mobile deposit, mobile Web and text banking, business online banking, personal finance, online documents, consumer and business debit cards, home equity advantage access cards, and telebanking and automated teller services. Further, it provides personalized checks, overdraft protection from savings accounts, commercial drive-up banking, automatic transfers and payments, people pay, external and wire transfers, bill pay, direct payroll deposits, electronic tax payments, automated clearing house origination and receipt, remote deposit capture, and account reconciliation and positive pay services, as well as merchant and cash management programs, annuity products, and long term investment portfolios. As of December 31, 2020, the company operated 16 branches in Anchorage, the Matanuska-Susitna Valley, Juneau, Fairbanks, Ketchikan, Sitka, and Kenai Peninsula. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.
Earnings Per Share
As for profitability, Northrim BanCorp has a trailing twelve months EPS of $5.13.
PE Ratio
Northrim BanCorp has a trailing twelve months price to earnings ratio of 10.3. Meaning, the purchaser of the share is investing $10.3 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 12.4%.
Sales Growth
Northrim BanCorp’s sales growth is 7% for the current quarter and 5.1% for the next.
Moving Average
Northrim BanCorp’s value is above its 50-day moving average of $50.33 and way higher than its 200-day moving average of $48.02.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 33.7% and 6.1%, respectively.
