(VIANEWS) – Corcept Therapeutics Incorporated (CORT), Century Communities (CCS), Virtus Investment Partners (VRTS) 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)
37.4% sales growth and 21.05% 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 $0.94.
PE Ratio
Corcept Therapeutics Incorporated has a trailing twelve months price to earnings ratio of 26.06. Meaning, the purchaser of the share is investing $26.06 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 21.05%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Corcept Therapeutics Incorporated’s EBITDA is 4.55.
Moving Average
Corcept Therapeutics Incorporated’s value is higher than its 50-day moving average of $23.30 and below its 200-day moving average of $26.39.
Revenue Growth
Year-on-year quarterly revenue growth grew by 31.4%, now sitting on 482.38M for the twelve trailing months.
2. Century Communities (CCS)
14.9% sales growth and 11.43% return on equity
Century Communities, Inc., together with its subsidiaries, engages in the design, development, construction, marketing, and sale of single-family attached and detached homes. It is also involved in the entitlement and development of the underlying land; and provision of mortgage, title, and insurance services to its home buyers. The company offers homes under the Century Communities and Century Complete brands. It sells homes through its sales representatives, as well as through independent real estate brokers in 17 states in the United States. Century Communities, Inc. was founded in 2002 and is headquartered in Greenwood Village, Colorado.
Earnings Per Share
As for profitability, Century Communities has a trailing twelve months EPS of $8.05.
PE Ratio
Century Communities has a trailing twelve months price to earnings ratio of 10.93. Meaning, the purchaser of the share is investing $10.93 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 11.43%.
3. Virtus Investment Partners (VRTS)
8.2% sales growth and 14.82% return on equity
Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.
Earnings Per Share
As for profitability, Virtus Investment Partners has a trailing twelve months EPS of $17.71.
PE Ratio
Virtus Investment Partners has a trailing twelve months price to earnings ratio of 13.73. Meaning, the purchaser of the share is investing $13.73 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 14.82%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 29.3% and 23.2%, respectively.
4. Itron (ITRI)
7.9% sales growth and 7.79% return on equity
Itron, Inc., a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide. It operates through three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing. The Networked Solutions segment provides a combination of communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated application software for acquiring and transporting application-specific data. The Outcomes segment offers value-added, enhanced software and services for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, drive resource efficiency, and deliver results for consumers, utilities, and smart cities. In addition, it offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company markets its products directly through its sales force, as well as through indirect sales force consisting of distributors, agents, partners, and meter manufacturer representatives to utilities and municipalities. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.
Earnings Per Share
As for profitability, Itron has a trailing twelve months EPS of $2.11.
PE Ratio
Itron has a trailing twelve months price to earnings ratio of 42.38. Meaning, the purchaser of the share is investing $42.38 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 7.79%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 71.4% and 30.8%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Itron’s EBITDA is 1.97.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.5%, now sitting on 2.17B for the twelve trailing months.
Sales Growth
Itron’s sales growth is 24.8% for the current quarter and 7.9% for the next.
5. FleetCor Technologies (FLT)
7.7% sales growth and 33.72% return on equity
FLEETCOR Technologies, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. It operates through Vehicle Payments, Corporate Payments, Lodging Payments, and Other segments. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services; as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. FLEETCOR Technologies, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, FleetCor Technologies has a trailing twelve months EPS of $13.21.
PE Ratio
FleetCor Technologies has a trailing twelve months price to earnings ratio of 22.96. Meaning, the purchaser of the share is investing $22.96 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 33.72%.
6. STARWOOD PROPERTY TRUST (STWD)
7.3% sales growth and 5.88% return on equity
Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through four segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans. The Infrastructure lending segment originates, acquires, finances, and manages infrastructure debt investments. The Property segment engages primarily in acquiring and managing equity interests in stabilized commercial real estate properties, such as multifamily properties and commercial properties subject to net leases, that are held for investment. The Investing and Servicing segment manages and works out problem assets; acquires and manages unrated, investment grade, and non-investment grade rated CMBS comprising subordinated interests of securitization and re-securitization transactions; originates conduit loans for the primary purpose of selling these loans into securitization transactions; and acquires commercial real estate assets that include properties acquired from CMBS trusts. The company qualifies as a REIT for federal income tax purposes and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Starwood Property Trust, Inc. was incorporated in 2009 and is headquartered in Greenwich, Connecticut.
Earnings Per Share
As for profitability, STARWOOD PROPERTY TRUST has a trailing twelve months EPS of $1.07.
PE Ratio
STARWOOD PROPERTY TRUST has a trailing twelve months price to earnings ratio of 19.06. Meaning, the purchaser of the share is investing $19.06 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 5.88%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 8% and a negative 4.1%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 9.55%.
Sales Growth
STARWOOD PROPERTY TRUST’s sales growth is 6.9% for the current quarter and 7.3% for the next.
7. Independent Bank Corporation (IBCP)
7.1% sales growth and 15.71% return on equity
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities across Lower Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $2.79.
PE Ratio
Independent Bank Corporation has a trailing twelve months price to earnings ratio of 8.68. Meaning, the purchaser of the share is investing $8.68 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 15.71%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.7%, now sitting on 200.8M for the twelve trailing months.
8. Elbit Systems Ltd. (ESLT)
7% sales growth and 9.94% return on equity
Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company offers military aircraft and helicopter systems; commercial aviation systems and aerostructures; unmanned aircraft systems; electro-optic, night vision, and countermeasures systems; naval systems; land vehicle systems; munitions, such as precision munitions for land, air, and sea applications; command, control, communications, computer, intelligence, surveillance and reconnaissance, and cyber systems; electronic warfare and signal intelligence systems; and other commercial activities. It also manufactures and sells data links and radio communication systems and equipment, and cyber intelligence, autonomous, and homeland security solutions; laser systems and products; guided rocket systems; and armored vehicle and other platforms survivability and protection systems, as well as provides various training and support services. The company markets its systems and products as a prime contractor or subcontractor to various governments and companies. It also has operations in the United States, Europe, Latin America, the Asia-Pacific, and internationally. The company was incorporated in 1966 and is based in Haifa, Israel.
Earnings Per Share
As for profitability, Elbit Systems Ltd. has a trailing twelve months EPS of $6.06.
PE Ratio
Elbit Systems Ltd. has a trailing twelve months price to earnings ratio of 33.33. Meaning, the purchaser of the share is investing $33.33 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 9.94%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.3%, now sitting on 5.86B for the twelve trailing months.
Sales Growth
Elbit Systems Ltd.’s sales growth is 1.2% for the ongoing quarter and 7% for the next.
Moving Average
Elbit Systems Ltd.’s worth is below its 50-day moving average of $208.18 and below its 200-day moving average of $205.15.
