(VIANEWS) – Corcept Therapeutics Incorporated (CORT), Nexstar Media Group (NXST), Range Resources Corporation (RRC) 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)
35.4% sales growth and 21.91% 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 $1.05.
PE Ratio
Corcept Therapeutics Incorporated has a trailing twelve months price to earnings ratio of 28.65. Meaning, the purchaser of the share is investing $28.65 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 21.91%.
2. Nexstar Media Group (NXST)
25% sales growth and 13.96% return on equity
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Nexstar Media Group has a trailing twelve months EPS of $12.12.
PE Ratio
Nexstar Media Group has a trailing twelve months price to earnings ratio of 14.1. Meaning, the purchaser of the share is investing $14.1 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 13.96%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 63.3% and 842.9%, respectively.
Sales Growth
Nexstar Media Group’s sales growth for the next quarter is 25%.
Moving Average
Nexstar Media Group’s worth is above its 50-day moving average of $162.65 and above its 200-day moving average of $158.60.
3. Range Resources Corporation (RRC)
22.4% sales growth and 13.51% return on equity
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), crude oil, and condensate company in the United States. The company engages in the exploration, development, and acquisition of natural gas and crude oil properties located in the Appalachian region. It sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum Inc. and changed its name to Range Resources Corporation in August 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.
Earnings Per Share
As for profitability, Range Resources Corporation has a trailing twelve months EPS of $2.
PE Ratio
Range Resources Corporation has a trailing twelve months price to earnings ratio of 16.83. Meaning, the purchaser of the share is investing $16.83 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 13.51%.
Volume
Today’s last reported volume for Range Resources Corporation is 1993040 which is 16.5% below its average volume of 2387090.
Moving Average
Range Resources Corporation’s value is below its 50-day moving average of $36.01 and above its 200-day moving average of $33.16.
Sales Growth
Range Resources Corporation’s sales growth is 31.4% for the present quarter and 22.4% for the next.
4. Goosehead Insurance (GSHD)
14.5% sales growth and 2277.13% return on equity
Goosehead Insurance, Inc. operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates in two segments, Corporate Channel and Franchise Channel. It offers homeowner's, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services. As of December 31, 2020, the company had 1,468 total franchises. Goosehead Insurance, Inc. was founded in 2003 and is headquartered in Westlake, Texas.
Earnings Per Share
As for profitability, Goosehead Insurance has a trailing twelve months EPS of $0.6.
PE Ratio
Goosehead Insurance has a trailing twelve months price to earnings ratio of 104.33. Meaning, the purchaser of the share is investing $104.33 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 2277.13%.
Yearly Top and Bottom Value
Goosehead Insurance’s stock is valued at $62.60 at 20:22 EST, way under its 52-week high of $92.76 and way above its 52-week low of $50.47.
Volume
Today’s last reported volume for Goosehead Insurance is 202944 which is 35.81% below its average volume of 316170.
5. Quanta Services (PWR)
11.5% sales growth and 13.12% return on equity
Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company's Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings. This segment also offers aviation services; emergency restoration services; and other engineering and technical services; design and construction solutions to wireline and wireless communications, cable multi-system operators, and other customers; and training for electric workers, as well as training for the gas distribution and communications industries. The company's Renewable Energy Infrastructure Solutions segment is involved in engineering, procurement, construction, repair, and maintenance of wind, solar, and hydropower generation facilities, as well as battery storage facilities; and provision of engineering and construction services for substations and switchyards, transmission, and other electrical infrastructures. The company's Underground Utility and Infrastructure Solutions segment offers design, engineering, procurement, construction, upgrade, repair, and maintenance services for natural gas systems for gas utility customers; fabrication services for pipeline support systems and structures and facilities; and engineering and construction services for pipeline and storage systems, and compressor and pump stations. The company was formerly known as Fabal Construction, Inc. and changed its name to Quanta Services, Inc. in November 1997. The company was incorporated in 1997 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Quanta Services has a trailing twelve months EPS of $5.14.
PE Ratio
Quanta Services has a trailing twelve months price to earnings ratio of 49.17. Meaning, the purchaser of the share is investing $49.17 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 13.12%.
Yearly Top and Bottom Value
Quanta Services’s stock is valued at $252.72 at 20:22 EST, way below its 52-week high of $286.87 and way above its 52-week low of $153.74.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 1, 2024, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 0.14%.
Volume
Today’s last reported volume for Quanta Services is 290529 which is 68.98% below its average volume of 936834.
6. Armstrong World Industries (AWI)
9.7% sales growth and 40.35% return on equity
Armstrong World Industries, Inc., together with its subsidiaries, designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United States, Canada, and Latin America. The company operates through Mineral Fiber and Architectural Specialties segments. The company produces suspended mineral fiber, soft fiber, fiberglass wool, and metal ceiling systems, as well as wood, wood fiber, glass-reinforced-gypsum, and felt ceiling and wall systems; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings and walls for use in commercial settings; and acoustical controls and architectural cast ceilings, walls, facades, columns, and moldings solutions. It sells its commercial ceiling and architectural specialties products to resale distributors and ceiling system contractors; and residential ceiling products to wholesalers and retailers, such as large home centers. The company was incorporated in 1891 and is headquartered in Lancaster, Pennsylvania.
Earnings Per Share
As for profitability, Armstrong World Industries has a trailing twelve months EPS of $5.3.
PE Ratio
Armstrong World Industries has a trailing twelve months price to earnings ratio of 22.81. Meaning, the purchaser of the share is investing $22.81 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 40.35%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 12.3% and 6.2%, respectively.
7. QCR Holdings (QCRH)
9.6% sales growth and 13.24% return on equity
QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. Its deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. The company also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies. Its loan portfolio comprises loans to small and mid-sized businesses; business loans, including lines of credit for working capital and operational purposes; term loans for the acquisition of facilities, equipment, and other purposes; commercial and residential real estate loans; and installment and other consumer loans, such as home improvement, home equity, motor vehicle, and signature loans, as well as small personal credit lines. In addition, the company engages in leasing of machinery and equipment to commercial and industrial businesses under direct financing lease contracts; and issuance of trust preferred securities. It serves the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield communities. The company was founded in 1993 and is headquartered in Moline, Illinois.
Earnings Per Share
As for profitability, QCR Holdings has a trailing twelve months EPS of $6.71.
PE Ratio
QCR Holdings has a trailing twelve months price to earnings ratio of 9.37. Meaning, the purchaser of the share is investing $9.37 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 13.24%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 0.4%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 17.2% and a negative 6.6%, respectively.
8. Automatic Data Processing (ADP)
5.8% sales growth and 88.92% return on equity
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.
Earnings Per Share
As for profitability, Automatic Data Processing has a trailing twelve months EPS of $8.58.
PE Ratio
Automatic Data Processing has a trailing twelve months price to earnings ratio of 28.42. Meaning, the purchaser of the share is investing $28.42 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 88.92%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 9% and 8.7%, respectively.
Yearly Top and Bottom Value
Automatic Data Processing’s stock is valued at $243.85 at 20:22 EST, below its 52-week high of $256.84 and way above its 52-week low of $205.53.