(VIANEWS) – Coda Octopus Group (CODA), Progress Software Corporation (PRGS), ServisFirst Bancshares (SFBS) 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)
43.9% sales growth and 5.84% 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 $0.26.
PE Ratio
Coda Octopus Group has a trailing twelve months price to earnings ratio of 30.42. Meaning, the purchaser of the share is investing $30.42 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 5.84%.
Volume
Today’s last reported volume for Coda Octopus Group is 33907 which is 23.46% above its average volume of 27462.
Sales Growth
Coda Octopus Group’s sales growth is 47.9% for the present quarter and 43.9% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 450% and 66.7%, respectively.
2. Progress Software Corporation (PRGS)
22% sales growth and 18.98% return on equity
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Earnings Per Share
As for profitability, Progress Software Corporation has a trailing twelve months EPS of $1.86.
PE Ratio
Progress Software Corporation has a trailing twelve months price to earnings ratio of 35.49. Meaning, the purchaser of the share is investing $35.49 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 18.98%.
Sales Growth
Progress Software Corporation’s sales growth is 18.3% for the ongoing quarter and 22% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.1%, now sitting on 715.42M for the twelve trailing months.
Moving Average
Progress Software Corporation’s worth is way higher than its 50-day moving average of $58.75 and way higher than its 200-day moving average of $54.61.
Previous days news about Progress Software Corporation(PRGS)
- According to Zacks on Tuesday, 15 October, "These trends bode well for industry participants like Cadence Design Systems (CDNS Quick QuoteCDNS – Free Report) , Progress Software Corporation (PRGS Quick QuotePRGS – Free Report) and BlackBerry (BB Quick QuoteBB – Free Report) . "
3. ServisFirst Bancshares (SFBS)
18.2% sales growth and 13.75% return on equity
ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. It accepts demand, time, savings, and other deposits; checking, money market, and IRA accounts; and certificates of deposit. The company's loan products include commercial lending products, such as seasonal, bridge, and term loans for working capital, expansion of the business, acquisition of property, and plant and equipment, as well as commercial lines of credit; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans. It also offers other banking products and services comprising telephone and mobile banking, direct deposit, Internet banking, traveler's checks, safe deposit boxes, attorney trust accounts, automatic account transfers, automated teller machines, and debit card systems, as well as Visa credit cards; treasury and cash management services; wire transfer, night depository, banking-by-mail, and remote capture services; and correspondent banking services to other financial institutions. In addition, the company holds and manages participations in residential mortgages and commercial real estate loans originated by ServisFirst Bank in Alabama, Florida, Georgia, and Tennessee. It operates 23 full-service banking offices located in Alabama, Florida, Georgia, South Carolina, and Tennessee, as well as 2 loan production offices in Florida. The company was founded in 2005 and is headquartered in Birmingham, Alabama.
Earnings Per Share
As for profitability, ServisFirst Bancshares has a trailing twelve months EPS of $3.62.
PE Ratio
ServisFirst Bancshares has a trailing twelve months price to earnings ratio of 21.43. Meaning, the purchaser of the share is investing $21.43 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 13.75%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7%, now sitting on 412.14M for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Oct 1, 2024, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 1.55%.
Previous days news about ServisFirst Bancshares(SFBS)
- According to Zacks on Wednesday, 16 October, "In its upcoming report, ServisFirst Bancshares (SFBS Quick QuoteSFBS – Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.97 per share, reflecting a decline of 1% compared to the same period last year. "
4. Construction Partners (ROAD)
15.5% sales growth and 13.64% return on equity
Construction Partners, Inc., a civil infrastructure company, engages in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina, and South Carolina. The company, through its subsidiaries, provides various products and services to public and private infrastructure projects, with a focus on highways, roads, bridges, airports, and commercial and residential developments. It also engages in manufacturing and distributing hot mix asphalt (HMA) for internal use and sales to third parties in connection with construction projects; paving activities, including the construction of roadway base layers and application of asphalt pavement; site development, including the installation of utility and drainage systems; mining aggregates, such as sand and gravel that are used as raw materials in the production of HMA; and distributing liquid asphalt cement for internal use and sales to third parties in connection with HMA production. The company was formerly known as SunTx CPI Growth Company, Inc. and changed its name to Construction Partners, Inc. in September 2017. Construction Partners, Inc. was incorporated in 1999 and is headquartered in Dothan, Alabama.
Earnings Per Share
As for profitability, Construction Partners has a trailing twelve months EPS of $1.34.
PE Ratio
Construction Partners has a trailing twelve months price to earnings ratio of 55.1. Meaning, the purchaser of the share is investing $55.1 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 13.64%.
Moving Average
Construction Partners’s worth is way higher than its 50-day moving average of $65.03 and way above its 200-day moving average of $55.52.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 10.2% and 21.1%, respectively.
Yearly Top and Bottom Value
Construction Partners’s stock is valued at $73.83 at 01:22 EST, below its 52-week high of $76.73 and way above its 52-week low of $36.70.
5. Medpace Holdings (MEDP)
10.7% sales growth and 58.85% return on equity
Medpace Holdings, Inc. provides clinical research-based drug and medical device development services in North America, Europe, and Asia. The company offers a suite of services supporting the clinical development process from Phase I to Phase IV in various therapeutic areas. It provides clinical development services to the pharmaceutical, biotechnology, and medical device industries; and development plan design, coordinated central laboratory, project management, regulatory affairs, clinical monitoring, data management and analysis, pharmacovigilance new drug application submissions, and post-marketing clinical support services. In addition, the company offers bio-analytical laboratory services, clinical human pharmacology, imaging services, and electrocardiography reading support for clinical trials. Medpace Holdings, Inc. was founded in 1992 and is based in Cincinnati, Ohio.
Earnings Per Share
As for profitability, Medpace Holdings has a trailing twelve months EPS of $10.65.
PE Ratio
Medpace Holdings has a trailing twelve months price to earnings ratio of 32.67. Meaning, the purchaser of the share is investing $32.67 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 58.85%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.6%, now sitting on 2.03B for the twelve trailing months.
Moving Average
Medpace Holdings’s worth is below its 50-day moving average of $359.69 and below its 200-day moving average of $373.47.
Sales Growth
Medpace Holdings’s sales growth is 9.8% for the ongoing quarter and 10.7% for the next.
