(VIANEWS) – Coda Octopus Group (CODA), TriMas Corporation (TRS), American Express (AXP) 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. Coda Octopus Group (CODA)
29.9% sales growth and 10.86% return on equity
Coda Octopus Group, Inc., together with its subsidiaries, develops, sells, and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the United States of America and internationally. The company operates through two segments, Marine Engineering Business and Marine Technology Business. It sells technology solutions to the subsea and underwater markets. The company's solutions include geophysical systems, a geophysical data acquisition systems, processing, and analysis software that are used primarily by survey companies, offshore renewable companies, research institutions, and salvage companies; GNSS-aided navigation systems (attitude and positioning systems); Real time volumetric imaging sonar; and diver augmented vision display system. It offers CodaOctopus GeoSurvey products, such as hardware and software solutions for field acquisition of sidescan sonar and sub-bottom profiler; and CodaOctopus DA4G productivity suite of software that automates the tasks of analyzing, annotating, and mosaicing complex data sets. It markets its products under the CodaOctopus brand name. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.
Earnings Per Share
As for profitability, Coda Octopus Group has a trailing twelve months EPS of $0.43.
PE Ratio
Coda Octopus Group has a trailing twelve months price to earnings ratio of 17.77. Meaning, the purchaser of the share is investing $17.77 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 10.86%.
2. TriMas Corporation (TRS)
23.2% sales growth and 7.43% return on equity
TriMas Corporation manufactures and provides products for consumer products, aerospace, and industrial end markets worldwide. It operates in three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers specialty polymeric and steel closure and dispensing systems, including dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, flexible spouts, and agricultural closures; polymeric jar products; integrated dispensers; bag-in-box products; aseptic closures; industrial closures and flex spouts; and single-bodied and assembled caps and closures under the Rieke, Taplast, Affaba & Ferrari, Stolz, and Rapak brands. The Aerospace segment provides fasteners, collars, blind bolts, rivets, ducting and connectors for air management systems, and machined parts and components to original equipment manufacturers, supply chain distributors, MRO/aftermarket providers, and tier one suppliers for commercial, maintenance, repair, and operations (MRO); and military and defense aerospace applications and platforms under the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, RSA Engineered Products, and Martinic Engineering brands. The Specialty Products segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder brand; natural gas powered wellhead engines, compressors, and replacement parts for oil and natural gas production, and other industrial and commercial markets under the Arrow brand; and spare parts for various industrial engines. The company sells its products through a direct sales force, third-party agents, and distributors. TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan.
Earnings Per Share
As for profitability, TriMas Corporation has a trailing twelve months EPS of $1.14.
PE Ratio
TriMas Corporation has a trailing twelve months price to earnings ratio of 22.53. Meaning, the purchaser of the share is investing $22.53 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 7.43%.
Moving Average
TriMas Corporation’s worth is under its 50-day moving average of $26.66 and under its 200-day moving average of $27.50.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 37.5% and a drop 11.3% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 1, 2023, the estimated forward annual dividend rate is 0.16 and the estimated forward annual dividend yield is 0.62%.
Yearly Top and Bottom Value
TriMas Corporation’s stock is valued at $25.68 at 01:22 EST, way under its 52-week high of $31.89 and way above its 52-week low of $21.41.
3. American Express (AXP)
13.1% sales growth and 29.8% return on equity
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products and services also comprise merchant acquisition and processing, servicing and settlement, point-of-sale marketing, and information products and services for merchants; and fraud prevention services, as well as the design and operation of customer loyalty programs. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, third-party vendors and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, American Express has a trailing twelve months EPS of $9.85.
PE Ratio
American Express has a trailing twelve months price to earnings ratio of 15.98. Meaning, the purchaser of the share is investing $15.98 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 29.8%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 19.8% and 37.7%, respectively.
Volume
Today’s last reported volume for American Express is 862531 which is 68.58% below its average volume of 2745880.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.7%, now sitting on 53.01B for the twelve trailing months.
Sales Growth
American Express’s sales growth is 13.6% for the current quarter and 13.1% for the next.
Previous days news about American Express(AXP)
- American express company (axp) is a trending stock: facts to know before betting on it. According to Zacks on Thursday, 7 September, "During this period, the Zacks Financial – Miscellaneous Services industry, which American Express falls in, has lost 1%. ", "Over the last four quarters, American Express surpassed consensus EPS estimates two times. "
- The zacks analyst blog highlights JPMorgan chase, ServiceNow, american express, airbnb and 3m company. According to Zacks on Thursday, 7 September, "Today’s Research Daily features new research reports on 16 major stocks, including JPMorgan Chase & Co., ServiceNow, Inc. and American Express Co. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.", "As such, the stock warrants a cautious stance.(You can read the full research report on American Express here >>>)Other noteworthy reports we are featuring today include Airbnb, Inc. and 3M Company."
- According to Zacks on Thursday, 7 September, "The fund should stand to gain amid inflationary pressure as it has solid exposure to companies like American Express (AXP Quick QuoteAXP – Free Report) , Visa (V Quick QuoteV – Free Report) and Mastercard (MA Quick QuoteMA – Free Report) . "
4. Halliburton Company (HAL)
7.1% sales growth and 31.31% return on equity
Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems; production solutions comprising coiled tubing, hydraulic workover units, downhole tools, and pumping and nitrogen services; and pipeline and process services, such as pre-commissioning, commissioning, maintenance, and decommissioning. This segment also provides electrical submersible pumps, as well as artificial lift services. The Drilling and Evaluation segment offers drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; oilfield completion, production, and downstream water and process treatment chemicals and services; drilling systems and services; wireline and perforating services consists of open-hole logging, and cased-hole and slickline; and drill bits and services comprising roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. This segment also provides cloud based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction, and reservoir and production management; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and project management and integrated asset management services. Halliburton Company was founded in 1919 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Halliburton Company has a trailing twelve months EPS of $2.71.
PE Ratio
Halliburton Company has a trailing twelve months price to earnings ratio of 15.32. Meaning, the purchaser of the share is investing $15.32 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 31.31%.
Yearly Top and Bottom Value
Halliburton Company’s stock is valued at $41.51 at 01:22 EST, under its 52-week high of $43.42 and way above its 52-week low of $23.30.
