(VIANEWS) – DXP Enterprises (DXPE), MercadoLibre (MELI), NMI Holdings (NMIH) 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. DXP Enterprises (DXPE)
36% sales growth and 14.47% return on equity
DXP Enterprises, Inc., together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services to the energy and industrial customers primarily in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS). The SC segment offers MRO products, equipment, and integrated services, including technical expertise and logistics services. It offers a range of MRO products in the rotating equipment, bearing, power transmission, hose, fluid power, metal working, fastener, industrial supply, safety products, and safety services categories. This segment serves customers in the oil and gas, food and beverage, petrochemical, transportation, other general industrial, mining, construction, chemical, municipal, agriculture, and pulp and paper industries. The SCS segment manages procurement and inventory management solutions; and offers outsourced MRO solutions for sourcing MRO products, including inventory optimization and management, store room management, transaction consolidation and control, vendor oversight and procurement cost optimization, productivity improvement, and customized reporting services. Its programs include SmartAgreement, a procurement solution for various MRO categories; SmartBuy, an on-site or centralized MRO procurement solution; SmartSource, an on-site procurement and storeroom management solution; SmartStore, an e-Catalog solution; SmartVend, an industrial dispensing solution; and SmartServ, an integrated service pump solution. The IPS segment fabricates and assembles custom-made pump packages, remanufactures pumps, and manufactures branded private label pumps. The company was founded in 1908 and is based in Houston, Texas.
Earnings Per Share
As for profitability, DXP Enterprises has a trailing twelve months EPS of $2.75.
PE Ratio
DXP Enterprises has a trailing twelve months price to earnings ratio of 13.54. Meaning, the purchaser of the share is investing $13.54 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 14.47%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 47.3% and 40%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 32.8%, now sitting on 1.59B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
DXP Enterprises’s EBITDA is 24.34.
2. MercadoLibre (MELI)
32.5% sales growth and 39.51% return on equity
MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the web; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. The company was incorporated in 1999 and is headquartered in Montevideo, Uruguay.
Earnings Per Share
As for profitability, MercadoLibre has a trailing twelve months EPS of $12.12.
PE Ratio
MercadoLibre has a trailing twelve months price to earnings ratio of 111.21. Meaning, the purchaser of the share is investing $111.21 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 39.51%.
Previous days news about MercadoLibre(MELI)
- Is it worth investing in mercadolibre (meli) based on wall street's bullish views?. According to Zacks on Wednesday, 16 August, "Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let’s see what these Wall Street heavyweights think about MercadoLibre (MELI Quick QuoteMELI – Free Report) .", "Therefore, the Buy-equivalent ABR for MercadoLibre may serve as a useful guide for investors."
- According to Zacks on Friday, 18 August, "The major loser of the tech-laden index was MercadoLibre Inc. (MELI Quick QuoteMELI – Free Report) . "
- Are retail-wholesale stocks lagging mercadolibre (meli) this year?. According to Zacks on Friday, 18 August, "Is MercadoLibre (MELI Quick QuoteMELI – Free Report) one of those stocks right now? ", "To break things down more, MercadoLibre belongs to the Internet – Commerce industry, a group that includes 41 individual companies and currently sits at #75 in the Zacks Industry Rank. "
3. NMI Holdings (NMIH)
12% sales growth and 18.6% return on equity
NMI Holdings, Inc., through its subsidiaries, provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. The company was incorporated in 2011 and is headquartered in Emeryville, California.
Earnings Per Share
As for profitability, NMI Holdings has a trailing twelve months EPS of $3.51.
PE Ratio
NMI Holdings has a trailing twelve months price to earnings ratio of 8.46. Meaning, the purchaser of the share is investing $8.46 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 18.6%.
Yearly Top and Bottom Value
NMI Holdings’s stock is valued at $29.71 at 01:22 EST, under its 52-week high of $30.08 and way higher than its 52-week low of $19.02.
Sales Growth
NMI Holdings’s sales growth is 10.2% for the ongoing quarter and 12% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.9%, now sitting on 543.15M for the twelve trailing months.
4. Cigna (CI)
5.9% sales growth and 14.82% 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 $21.81.
PE Ratio
Cigna has a trailing twelve months price to earnings ratio of 13.32. Meaning, the purchaser of the share is investing $13.32 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 11.3% and 32.9%, respectively.
Volume
Today’s last reported volume for Cigna is 370538 which is 76.17% below its average volume of 1555000.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 4, 2023, the estimated forward annual dividend rate is 4.92 and the estimated forward annual dividend yield is 1.7%.
Yearly Top and Bottom Value
Cigna’s stock is valued at $290.53 at 01:22 EST, way below its 52-week high of $340.11 and way above its 52-week low of $240.50.
Previous days news about Cigna(CI)
- According to MarketWatch on Thursday, 17 August, "We are skeptical this model will gain widespread traction," Mizuho Securities analysts wrote in a report on the Blue Shield move, adding that they would be buyers of CVS and Cigna shares on the day’s weakness."
5. Allegiant Travel Company (ALGT)
5.6% sales growth and 5.34% return on equity
Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 14, 2022, it operated a fleet of 110 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, priority boarding, a customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Allegiant Travel Company has a trailing twelve months EPS of $3.58.
PE Ratio
Allegiant Travel Company has a trailing twelve months price to earnings ratio of 33.11. Meaning, the purchaser of the share is investing $33.11 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 5.34%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 29.9%, now sitting on 2.45B for the twelve trailing months.
Sales Growth
Allegiant Travel Company’s sales growth is 5.1% for the present quarter and 5.6% for the next.
