(VIANEWS) – Costamare (CMRE), Cigna (CI), MGM Resorts (MGM) 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. Costamare (CMRE)
38.3% sales growth and 21.64% return on equity
Costamare Inc. owns and charters containerships to liner companies worldwide. As of June 14, 2021, it had a fleet of 81 containerships with a total capacity of approximately 581,000 twenty foot equivalent units and 16 dry bulk vessels with a total capacity of approximately 932,000 DWT. The company was founded in 1974 and is based in Monaco.
Earnings Per Share
As for profitability, Costamare has a trailing twelve months EPS of $3.65.
PE Ratio
Costamare has a trailing twelve months price to earnings ratio of 2.39. Meaning, the purchaser of the share is investing $2.39 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 21.64%.
2. Cigna (CI)
19.3% sales growth and 11.99% return on equity
The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. The company also offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. It distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was formerly known as Cigna Corporation and changed its name to The Cigna Group in February 2023. The Cigna Group was founded in 1792 and is headquartered in Bloomfield, Connecticut.
Earnings Per Share
As for profitability, Cigna has a trailing twelve months EPS of $17.72.
PE Ratio
Cigna has a trailing twelve months price to earnings ratio of 15.24. Meaning, the purchaser of the share is investing $15.24 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 11.99%.
Previous days news about Cigna(CI)
- : cigna and humana in talks on combining in what would be a mega deal: WSJ. According to MarketWatch on Wednesday, 29 November, "Managed-care providers Cigna Group and Humana Inc. are in talks to combine in a cash-and-stock deal that could be finalized before year-end, the Wall Street Journal reported Wednesday, citing people familiar with the matter. "
- Cigna and humana reportedly in merger talks. According to MarketWatch on Wednesday, 29 November, "Cigna Group shares fell more than 7% and Humana Inc.’s stock fell 3% Wednesday after , while Cigna has just 2% of total enrollment in those plans, according to the health-policy research nonprofit KFF."
- Time to buy cigna (ci) or humana's (hum) stock on news of a potential merger?. According to Zacks on Thursday, 30 November, "As they stand alone, Cigna and Humana both have a dominant share of the medical insurance plan market offering HMOs, PPOs, and Private Fee-For-Service (PFFS) plans. ", "The top and bottom line expansion of Humana and Cigna has been remarkable and is why a potential merger could be very enticing for investors. "
- Analyzing cigna & humana merger talks: opportunities & obstacles. According to Zacks on Thursday, 30 November, "The healthcare industry is currently buzzing with reports of potential merger talks between two major players,The Cigna Group(CI Quick QuoteCI – Free Report) andHumana Inc.(HUM Quick QuoteHUM – Free Report) . ", "However, as healthcare economist Craig Garthwaite of Northwestern University pointed out, which was reported by Reuters, if Cigna divests its Medicare Advantage business, it would reduce overlapping businesses of the two entities. "
3. MGM Resorts (MGM)
13% sales growth and 11.81% return on equity
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
Earnings Per Share
As for profitability, MGM Resorts has a trailing twelve months EPS of $2.98.
PE Ratio
MGM Resorts has a trailing twelve months price to earnings ratio of 13.63. Meaning, the purchaser of the share is investing $13.63 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 11.81%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 7, 2022, the estimated forward annual dividend rate is 0.01 and the estimated forward annual dividend yield is 0.03%.
4. Alphabet (GOOGL)
12.3% sales growth and 25.33% return on equity
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, cybersecurity, data, analytics, AI, and machine learning, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded in 1998 and is headquartered in Mountain View, California.
Earnings Per Share
As for profitability, Alphabet has a trailing twelve months EPS of $5.22.
PE Ratio
Alphabet has a trailing twelve months price to earnings ratio of 25.16. Meaning, the purchaser of the share is investing $25.16 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 25.33%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Alphabet’s EBITDA is 5.48.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 51.4% and 28.2%, respectively.
Volume
Today’s last reported volume for Alphabet is 13600200 which is 49.56% below its average volume of 26966500.
Yearly Top and Bottom Value
Alphabet’s stock is valued at $131.34 at 04:22 EST, below its 52-week high of $141.22 and way higher than its 52-week low of $84.86.
Previous days news about Alphabet(GOOGL)
- According to Zacks on Wednesday, 29 November, "The addition of Alphabet (GOOGL Quick QuoteGOOGL – Free Report) and Microsoft (MSFT Quick QuoteMSFT – Free Report) has expanded CGI’s partner base.", "Recently, CGI partnered with Alphabet division Google to encourage innovation in using artificial intelligence (AI) appropriately. "
- According to Zacks on Wednesday, 29 November, "Most of the fund’s holdings were in companies like Microsoft (9.6%), Alphabet (6%) and Apple (3.8%) as of Jun 30, 2023."
- According to Zacks on Friday, 1 December, "Most of the fund’s holdings were in companies like Alphabet Inc. (7.4%), Apple Inc. (6.8%) and KLA Corp (6.4%) as of Jul 31, 2023."
- According to Zacks on Thursday, 30 November, "The three top holdings for APGCX are 9.6% in Microsoft, 5% in Alphabet and 4.9% in Visa."
5. Laureate Education (LAUR)
11.7% sales growth and 11.36% return on equity
Laureate Education, Inc., together with its subsidiaries, provides higher education programs and services to students through a network of universities and higher education institutions. It offers a range of undergraduate and graduate degree programs primarily in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs. The company provides its services in Brazil, Mexico, Chile, Peru, and the United States. The company was formerly known as Sylvan Learning Systems, Inc. and changed its name to Laureate Education, Inc. in May 2004. The company was founded in 1989 and is headquartered in Baltimore, Maryland.
Earnings Per Share
As for profitability, Laureate Education has a trailing twelve months EPS of $0.65.
PE Ratio
Laureate Education has a trailing twelve months price to earnings ratio of 20.17. Meaning, the purchaser of the share is investing $20.17 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 11.36%.
6. Great Elm Capital Corp. (GECC)
9.4% sales growth and 14.3% return on equity
Great Elm Capital Corporation is a business development company which specializes in loan and mezzanine, middle market investments. The fund prefers to invest in media, commercial services and supplies, healthcare, telecommunication services, communications equipment. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.
Earnings Per Share
As for profitability, Great Elm Capital Corp. has a trailing twelve months EPS of $1.71.
PE Ratio
Great Elm Capital Corp. has a trailing twelve months price to earnings ratio of 5.95. Meaning, the purchaser of the share is investing $5.95 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 14.3%.
Yearly Top and Bottom Value
Great Elm Capital Corp.’s stock is valued at $10.17 at 04:22 EST, under its 52-week high of $10.28 and way higher than its 52-week low of $7.51.
