(VIANEWS) – Corcept Therapeutics Incorporated (CORT), Rambus (RMBS), World Wrestling Entertainment (WWE) 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. Corcept Therapeutics Incorporated (CORT)
18.3% sales growth and 21.9% return on equity
Corcept Therapeutics Incorporated discovers, develops, and commercializes drugs for the treatment of severe metabolic, oncologic, and psychiatric disorders in the United States. The company offers Korlym (mifepristone) tablets as a once-daily oral medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushing's syndrome, who have type 2 diabetes mellitus or glucose intolerance, and have failed surgery or are not candidates for surgery. It is developing relacorilant to treat patients with Cushing's syndrome; and nab-paclitaxel in combination with relacorilant, which has completed Phase II clinical trial to treat patients with serous ovarian tumors, as well as in Phase III clinical trial for the treatment of solid tumors. The company is also developing selective cortisol modulator combined with Xtandi that is in open label dose finding trial to treat patients with metastatic castration-resistant prostate cancer; selective cortisol modulator for the treatment of antipsychotic-induced weight gain; and FKBP5 gene expression assays. Corcept Therapeutics Incorporated was founded in 1998 and is headquartered in Menlo Park, California.
Earnings Per Share
As for profitability, Corcept Therapeutics Incorporated has a trailing twelve months EPS of $0.82.
PE Ratio
Corcept Therapeutics Incorporated has a trailing twelve months price to earnings ratio of 38.41. Meaning, the purchaser of the share is investing $38.41 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 21.9%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Corcept Therapeutics Incorporated’s EBITDA is 6.68.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.9%, now sitting on 428.15M for the twelve trailing months.
2. Rambus (RMBS)
12.5% sales growth and 21.2% return on equity
Rambus Inc. provides semiconductor products in the United States, Taiwan, South Korea, Japan, Europe, Canada, Singapore, China, and internationally. The company offers DDR memory interface chips, including DDR5, DDR4 and DDR3 memory interface chips to module manufacturers and OEMs; silicon IP comprising, interface and security IP solutions that move and protect data in advanced applications; and physical interface and digital controller IP to offer industry-leading, integrated memory and interconnect subsystems. It also provides a portfolio of patents that covers memory architecture, high-speed serial links, and security products. The company markets its products and services through its direct sales force and distributors. Rambus Inc. was incorporated in 1990 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Rambus has a trailing twelve months EPS of $0.51.
PE Ratio
Rambus has a trailing twelve months price to earnings ratio of 105.31. Meaning, the purchaser of the share is investing $105.31 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 21.2%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Rambus’s EBITDA is 11.88.
Yearly Top and Bottom Value
Rambus’s stock is valued at $53.71 at 01:22 EST, way under its 52-week high of $68.54 and way higher than its 52-week low of $23.84.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.1%, now sitting on 468.2M for the twelve trailing months.
3. World Wrestling Entertainment (WWE)
8.3% sales growth and 25.05% return on equity
World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through three segments: Media, Live Events, and Consumer Products. The Media segment engages in the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, and digital and social media, as well as filmed entertainment. The Live Events segment is involved in the sale of tickets; provision of event services; and sale of travel packages related to its live events. The Consumer Products segment engages in merchandising of WWE branded products, such as video games, toys, apparel, and books through licensing arrangements and direct-to-consumer sales, as well as through e-commerce platforms. World Wrestling Entertainment, Inc. was founded in 1980 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, World Wrestling Entertainment has a trailing twelve months EPS of $1.95.
PE Ratio
World Wrestling Entertainment has a trailing twelve months price to earnings ratio of 57.61. Meaning, the purchaser of the share is investing $57.61 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 25.05%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 0.43%.
4. Gaming and Leisure Properties (GLPI)
6.6% sales growth and 20.51% return on equity
GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.
Earnings Per Share
As for profitability, Gaming and Leisure Properties has a trailing twelve months EPS of $2.9.
PE Ratio
Gaming and Leisure Properties has a trailing twelve months price to earnings ratio of 15.97. Meaning, the purchaser of the share is investing $15.97 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 20.51%.
Volume
Today’s last reported volume for Gaming and Leisure Properties is 1123840 which is 9.5% above its average volume of 1026280.
Sales Growth
Gaming and Leisure Properties’s sales growth is 6.9% for the ongoing quarter and 6.6% for the next.
