(VIANEWS) – Essent Group Ltd. (ESNT), Martin Marietta Materials (MLM), NICE Ltd (NICE) 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. Essent Group Ltd. (ESNT)
18% sales growth and 14.56% return on equity
Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; underwriting consulting; and contract underwriting services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. The company was founded in 2008 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Essent Group Ltd. has a trailing twelve months EPS of $6.5.
PE Ratio
Essent Group Ltd. has a trailing twelve months price to earnings ratio of 8.21. Meaning, the purchaser of the share is investing $8.21 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 14.56%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 12, 2024, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 2.13%.
Sales Growth
Essent Group Ltd.’s sales growth is 16.7% for the current quarter and 18% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Essent Group Ltd.’s EBITDA is 5.26.
2. Martin Marietta Materials (MLM)
17.4% sales growth and 15.77% return on equity
Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials, Inc. was founded in 1939 and is headquartered in Raleigh, North Carolina.
Earnings Per Share
As for profitability, Martin Marietta Materials has a trailing twelve months EPS of $19.3.
PE Ratio
Martin Marietta Materials has a trailing twelve months price to earnings ratio of 30.4. Meaning, the purchaser of the share is investing $30.4 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 15.77%.
Sales Growth
Martin Marietta Materials’s sales growth is 18.1% for the ongoing quarter and 17.4% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 30, 2023, the estimated forward annual dividend rate is 2.96 and the estimated forward annual dividend yield is 0.55%.
3. NICE Ltd (NICE)
14.2% sales growth and 10.56% return on equity
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for CX that discovers automation opportunities for self-service; digital-entry points solutions that enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing. The company also provides smart self service solutions that empower organizations to build intelligent automated conversations based on data; and prepared agent solutions and tools enable contact center agents to guide and alert them in real time; complete performance solutions that help organizations to record structured and unstructured customer interaction and transaction data; and NICE Evidencentral, an digital evidence management platform for public safety emergency communications, law enforcement, and criminal justice helps agencies. In addition, it offers X-Sight, is an open and flexible AI-cloud platform for financial crime and compliance; Xceed, a cloud platform for comprehensive AML and fraud prevention for small and mid-sized organizations; data intelligence solutions that enable organizations to turn raw data into comprehensive actionable intelligence to prevent and detect financial crimes; AI and analytics technologies to detect and prevent financial crimes in real-time; money laundering and fraud prevention solutions that help organizations adhere to capital markets compliance and anti-money laundering compliance regulations; intelligent investigations solutions; and self-service solutions that provide organizations with customization and self-development capabilities. The company was formerly known as NICE-Systems Ltd. and changed its name to NICE Ltd. in June 2016. NICE Ltd. was founded in 1986 and is based in Ra'anana, Israel.
Earnings Per Share
As for profitability, NICE Ltd has a trailing twelve months EPS of $5.1.
PE Ratio
NICE Ltd has a trailing twelve months price to earnings ratio of 48.81. Meaning, the purchaser of the share is investing $48.81 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 10.56%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 18.2% and 16.4%, respectively.
Moving Average
NICE Ltd’s value is way higher than its 50-day moving average of $210.56 and way higher than its 200-day moving average of $196.53.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.6%, now sitting on 2.38B for the twelve trailing months.
Volume
Today’s last reported volume for NICE Ltd is 257568 which is 30.33% below its average volume of 369731.
4. Watts Water Technologies (WTS)
11% sales growth and 18.63% return on equity
Watts Water Technologies, Inc. supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, and leak detection and protection products for plumbing and hot water applications. It also provides heating, ventilation, and air conditioning and gas products comprising commercial boilers, and water heaters and heating solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products, such as drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial, marine, and residential applications. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, and do-it-yourself and retail chains; and wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.
Earnings Per Share
As for profitability, Watts Water Technologies has a trailing twelve months EPS of $7.82.
PE Ratio
Watts Water Technologies has a trailing twelve months price to earnings ratio of 25.67. Meaning, the purchaser of the share is investing $25.67 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 18.63%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 0.72%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 4.7% and 0.9%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Watts Water Technologies’s EBITDA is 55.78.
Sales Growth
Watts Water Technologies’s sales growth is 14.4% for the current quarter and 11% for the next.
Previous days news about Watts Water Technologies(WTS)
- According to Zacks on Thursday, 29 February, "Some better-ranked stocks worth consideration in the broader technology space are Manhattan Associates (MANH Quick QuoteMANH – Free Report) , Watts Water Technologies (WTS Quick QuoteWTS – Free Report) and Microsoft (MSFT Quick QuoteMSFT – Free Report) . "
- According to Zacks on Thursday, 29 February, "Cadence and Woodward sport a Zacks Rank #1 (Strong Buy), while Watts Water Technologies carries a Zacks Rank #2 (Buy). ", "The Zacks Consensus Estimate for Watts Water Technologies fiscal 2024 EPS has improved 2.5% in the past 60 days to $8.54. "
- According to Zacks on Thursday, 29 February, "The Zacks Consensus Estimate for Watts Water Technologies fiscal 2024 EPS has improved 2.5% in the past 60 days to $8.54. ", "Synopsys and Woodward sport a Zacks Rank #1, while Watts Water Technologies carries a Zacks Rank #2 (Buy). "
- According to Zacks on Friday, 1 March, "Other top-ranked stocks worth consideration in the broader technology space are Manhattan Associates (MANH Quick QuoteMANH – Free Report) , Watts Water Technologies (WTS Quick QuoteWTS – Free Report) and Microsoft (MSFT Quick QuoteMSFT – Free Report) . "
- According to Zacks on Friday, 1 March, "Some better-ranked stocks from the broader technology space are Synopsys (SNPS Quick QuoteSNPS – Free Report) , Woodward (WWD Quick QuoteWWD – Free Report) and Watts Water Technologies (WTS Quick QuoteWTS – Free Report) . ", "Cadence and Woodward sport a Zacks Rank #1 (Strong Buy) each, while Watts Water Technologies carries a Zacks Rank #2 (Buy). "
5. United Airlines (UAL)
6.7% sales growth and 32.28% return on equity
United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, United Airlines has a trailing twelve months EPS of $7.89.
PE Ratio
United Airlines has a trailing twelve months price to earnings ratio of 5.66. Meaning, the purchaser of the share is investing $5.66 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 32.28%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.9%, now sitting on 53.72B for the twelve trailing months.
Sales Growth
United Airlines’s sales growth is 8.5% for the ongoing quarter and 6.7% for the next.
Previous days news about United Airlines(UAL)
- According to Zacks on Friday, 1 March, "In the past week, United Airlines (UAL Quick QuoteUAL – Free Report) jumped on the bandwagon of raising the price to check luggage. "
