(VIANEWS) – CONMED Corporation (CNMD), First Bank (FRBA), Align Technology (ALGN) 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. CONMED Corporation (CNMD)
32.1% sales growth and 12.15% 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 $2.99.
PE Ratio
CONMED Corporation has a trailing twelve months price to earnings ratio of 34.99. Meaning, the purchaser of the share is investing $34.99 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 12.15%.
Moving Average
CONMED Corporation’s worth is way below its 50-day moving average of $125.41 and below its 200-day moving average of $106.54.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CONMED Corporation’s EBITDA is 3.75.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 0.76%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.6%, now sitting on 1.14B for the twelve trailing months.
2. First Bank (FRBA)
20.7% sales growth and 11.64% return on equity
First Bank provides various banking products and services to individuals, businesses, and governmental entities. The company accepts various deposits, including non-interest bearing demand deposits, interest bearing demand accounts, money market accounts, savings accounts, and certificates of deposit, as well as commercial checking accounts. Its loan products include commercial and industrial loans; commercial real estate loans, such as owner-occupied, investor, construction and development, and multi-family loans; residential real estate loans comprising residential mortgages, first and second lien home equity loans, and revolving lines of credit; and consumer and other loans that include auto, personal, and traditional installment loans. The company also provides electronic banking services, including Internet and mobile banking, electronic bill payment, and banking by phone, as well as ATM and debit cards, and wire and ACH transfer services; remote deposit capture; and cash management services. As of December 31, 2021, it operated 18 full-service branches in Cinnaminson, Cranbury, Delanco, Denville, Ewing, Flemington, Hamilton, Hamilton, Lawrence, Mercerville, Pennington, Randolph, Somerset, and Williamstown counties in New Jersey, as well as Doylestown, Trevose, Warminster, and West Chester counties in Pennsylvania. First Bank was incorporated in 2007 and is headquartered in Hamilton, New Jersey.
Earnings Per Share
As for profitability, First Bank has a trailing twelve months EPS of $1.69.
PE Ratio
First Bank has a trailing twelve months price to earnings ratio of 6.87. Meaning, the purchaser of the share is investing $6.87 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 11.64%.
3. Align Technology (ALGN)
15% sales growth and 8.68% return on equity
Align Technology, Inc. designs, manufactures, and markets Invisalign clear aligners, and iTero intraoral scanners and services for orthodontists and general practitioner dentists in the United States, Switzerland, China, and internationally. It operates in two segments, Clear Aligner; and Imaging Systems and CAD/CAM Services (Systems and Services). The Clear Aligner segment offers comprehensive products, including Invisalign comprehensive package that addresses the orthodontic needs of teenage patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go and Invisalign Go Plus; and non-case products that include retention products, Invisalign training, and adjusting tools used by dental professionals during the course of treatment. The Systems and Services segment offers iTero intraoral scanning system, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers. This segment also provides Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan, as well as subscription software, disposables, rentals, leases, and pay per scan services Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.
Earnings Per Share
As for profitability, Align Technology has a trailing twelve months EPS of $4.13.
PE Ratio
Align Technology has a trailing twelve months price to earnings ratio of 88.54. Meaning, the purchaser of the share is investing $88.54 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 8.68%.
Volume
Today’s last reported volume for Align Technology is 123529 which is 82.68% below its average volume of 713409.
Previous days news about Align Technology(ALGN)
- According to Zacks on Wednesday, 30 August, "Some other top-ranked stocks in the broader medical space are Align Technology (ALGN Quick QuoteALGN – Free Report) , HealthEquity, Inc. (HQY Quick QuoteHQY – Free Report) and McKesson Corporation (MCK Quick QuoteMCK – Free Report) ."
4. Burlington Stores (BURL)
11.8% sales growth and 36.39% return on equity
Burlington Stores, Inc. operates as a retailer of branded apparel products in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products. It operates stores under the Burlington Stores, and Cohoes Fashions brand names in Puerto Rico. Burlington Stores, Inc. was founded in 1972 and is headquartered in Burlington, New Jersey.
Earnings Per Share
As for profitability, Burlington Stores has a trailing twelve months EPS of $4.14.
PE Ratio
Burlington Stores has a trailing twelve months price to earnings ratio of 38.13. Meaning, the purchaser of the share is investing $38.13 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 36.39%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Burlington Stores’s EBITDA is 1.54.
Sales Growth
Burlington Stores’s sales growth for the next quarter is 11.8%.
Moving Average
Burlington Stores’s value is below its 50-day moving average of $164.90 and way under its 200-day moving average of $187.64.
5. Perion Network Ltd (PERI)
11.3% sales growth and 19.14% return on equity
Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. It provides Wildfire, a content monetization platform; search monetization solutions, including website monetization, search mediation, and app monetization; and cross-channel digital advertising software as a service platform. The company also offers supply management platform; demand management platform for campaign planning and design; analytics platform, which provides information and performance insights on the results of campaign investment and other campaign metrics; creative platform to create advertisements; and an AI platform that uses machine learning to bring intelligence to the various phases of campaigns. In addition, it provides an actionable performance monitoring platform to support the various phases of campaign management; an online video player and integrated ad server to upload, manage, and stream video content; content monetization system, which integrates ads within the content layouts at the page level. Further, the company offers a publisher management system that provides analytics and performance optimization tools, as well as reports; search-demand management systems; monetization products that integrate and onboards demand vendors; and AI Systems. Additionally, it provides Intelligent HUB (iHUB), a platform for pulling in signals across various advertising channels and optimizing traffic at scale, and yielding engagement metrics and KPIs; and strategic optimization of relevant traits (SORT), a provisional patent technology that eliminates the need for cookies. The company was formerly known as IncrediMail Ltd. and changed its name to Perion Network Ltd. in November 2011. Perion Network Ltd. was incorporated in 1999 and is headquartered in Holon, Israel.
Earnings Per Share
As for profitability, Perion Network Ltd has a trailing twelve months EPS of $2.17.
PE Ratio
Perion Network Ltd has a trailing twelve months price to earnings ratio of 15.21. Meaning, the purchaser of the share is investing $15.21 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 19.14%.
Sales Growth
Perion Network Ltd’s sales growth is 16.2% for the current quarter and 11.3% for the next.
Volume
Today’s last reported volume for Perion Network Ltd is 109455 which is 84.09% below its average volume of 688127.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.7%, now sitting on 691.91M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Perion Network Ltd’s EBITDA is 1.63.
6. Alaska Air Group (ALK)
8.2% sales growth and 4.13% return on equity
Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It has a network of approximately 1,300 daily flights to 115 destinations across the United States, Mexico, Canada, and Costa Rica. The company was founded in 1932 and is based in Seattle, Washington.
Earnings Per Share
As for profitability, Alaska Air Group has a trailing twelve months EPS of $0.43.
PE Ratio
Alaska Air Group has a trailing twelve months price to earnings ratio of 105.6. Meaning, the purchaser of the share is investing $105.6 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 4.13%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.8%, now sitting on 10.34B for the twelve trailing months.
Yearly Top and Bottom Value
Alaska Air Group’s stock is valued at $45.41 at 06:22 EST, way under its 52-week high of $57.18 and way above its 52-week low of $37.20.
