Boston Scientific And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Boston Scientific (BSX), Southwest Airlines (LUV), Yelp (YELP) 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. Boston Scientific (BSX)

12% sales growth and 5.1% return on equity

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through MedSurg and Cardiovascular segments. The company offers devices to diagnose and treat gastrointestinal and pulmonary conditions; devices to treat various urological and pelvic conditions; implantable cardioverter and implantable cardiac resynchronization therapy defibrillators; pacemakers and implantable cardiac resynchronization therapy pacemakers; and remote patient management systems. It also provides medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising 3-D cardiac mapping and navigation solutions, ablation catheters, diagnostic catheters, mapping catheters, intracardiac ultrasound catheters, delivery sheaths, and other accessories; spinal cord stimulator systems for the management of chronic pain; indirect decompression systems; and deep brain stimulation systems. In addition, the company offers interventional cardiology products, that uses in the treatment of coronary artery disease and aortic valve conditions. Further, it provides stents, balloon catheters, guidewires, atherectomy, and thrombectomy systems to treat arterial and venous diseases; and peripheral embolization devices, radioactive microspheres, cryotherapy ablation systems, and micro and drainage catheters to treat cancer. The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts.

Earnings Per Share

As for profitability, Boston Scientific has a trailing twelve months EPS of $0.6.

PE Ratio

Boston Scientific has a trailing twelve months price to earnings ratio of 83.92. Meaning, the purchaser of the share is investing $83.92 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 5.1%.

Yearly Top and Bottom Value

Boston Scientific’s stock is valued at $50.35 at 01:22 EST, below its 52-week high of $55.38 and way above its 52-week low of $39.52.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Boston Scientific’s EBITDA is 124.52.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend yield is 1.94%.

Volume

Today’s last reported volume for Boston Scientific is 3732060 which is 54.34% below its average volume of 8174610.

Previous days news about Boston Scientific(BSX)

  • Boston Scientific's (bsx) wavewriter alpha SCS gets fda's nod. According to Zacks on Monday, 16 October, "In the past six months, Boston Scientific shares have decreased 4.3% compared with the industry’s fall of 18.3%."

2. Southwest Airlines (LUV)

9.5% sales growth and 5.3% return on equity

Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2022, the company operated a total fleet of 770 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment portal and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Southwest Airlines has a trailing twelve months EPS of $0.94.

PE Ratio

Southwest Airlines has a trailing twelve months price to earnings ratio of 27.27. Meaning, the purchaser of the share is investing $27.27 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 5.3%.

Sales Growth

Southwest Airlines’s sales growth is 5.7% for the current quarter and 9.5% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.6%, now sitting on 25.13B for the twelve trailing months.

Moving Average

Southwest Airlines’s value is way below its 50-day moving average of $29.78 and way below its 200-day moving average of $32.37.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Southwest Airlines’s EBITDA is 14.66.

3. Yelp (YELP)

9.4% sales growth and 6% return on equity

Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various local business categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services. It provides free and paid advertising products to businesses, which include cost-per-click search advertising and multi-location Ad products, as well as enables businesses to deliver targeted search advertising to local audiences; and business listing page products. The company also offers other services comprising Yelp Guest Manager, a subscription-based suite of front-of-house management tools for restaurants, nightlife and certain other venues, which include online reservations, a waitlist management solution that allows consumers to check wait times and join waitlists remotely as well as through hostless kiosks, and seating and server rotation management tools; Yelp Knowledge program that offers business owners local analytics and insights through access to its historical data and other proprietary content; and Yelp Fusion, which offers free and paid access to content and data for consumer-facing enterprise use through publicly available APIs. In addition, it provides content licensing, as well as allows third-party data providers to update and manage business listing information on behalf of businesses. Further, the company offers its products directly through its sales force; indirectly through partners; and online through its website and business app, as well as non-advertising partner arrangements. It has partnership with Grubhub for providing consumers with a service to place food orders for pickup and delivery. The company was incorporated in 2004 and is headquartered in San Francisco, California.

Earnings Per Share

As for profitability, Yelp has a trailing twelve months EPS of $0.58.

PE Ratio

Yelp has a trailing twelve months price to earnings ratio of 74.74. Meaning, the purchaser of the share is investing $74.74 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%.

Volume

Today’s last reported volume for Yelp is 212365 which is 68.47% below its average volume of 673590.

Sales Growth

Yelp’s sales growth is 10.3% for the present quarter and 9.4% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 169.2% and 50%, respectively.

Moving Average

Yelp’s value is above its 50-day moving average of $42.72 and way higher than its 200-day moving average of $35.10.

4. Tesla (TSLA)

8.7% sales growth and 27.14% return on equity

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.

Earnings Per Share

As for profitability, Tesla has a trailing twelve months EPS of $3.52.

PE Ratio

Tesla has a trailing twelve months price to earnings ratio of 71.98. Meaning, the purchaser of the share is investing $71.98 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 27.14%.

Previous days news about Tesla(TSLA)

  • According to MarketWatch on Monday, 16 October, "Charles Schwab & Co. , whose shares have dropped 38% this year on worries over deposit outflows, missed estimates on revenue, in a week that will feature more bank earnings as well as Netflix and Tesla results."
  • Zacks investment ideas feature highlights: JPMorgan chase and Tesla. According to Zacks on Monday, 16 October, "Chicago, IL - October 16, 2023 - Today, Zacks Investment Ideas feature highlights JPMorgan Chase (JPM Quick QuoteJPM – Free Report) and Tesla (TSLA Quick QuoteTSLA – Free Report) .", "Analysts have been slashing third-quarter earnings estimates for Tesla after the company reported disappointing delivery data earlier this month of 435,059 vehicles, down 6% from the second quarter."

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