(VIANEWS) – Extra Space Storage (EXR), Dorian LPG Ltd. (LPG), ANSYS (ANSS) 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. Extra Space Storage (EXR)
55.7% sales growth and 8.58% return on equity
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2023, the Company owned and/or operated 3,651 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 2.5 million units and approximately 279.0 million square feet of rentable space operating under the Extra Space, Life Storage and Storage Express brands. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. It is the largest operator of self-storage properties in the United States.
Earnings Per Share
As for profitability, Extra Space Storage has a trailing twelve months EPS of $5.3.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 27.35. Meaning, the purchaser of the share is investing $27.35 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 8.58%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 6.48 and the estimated forward annual dividend yield is 4.25%.
Volume
Today’s last reported volume for Extra Space Storage is 325321 which is 77.1% below its average volume of 1420700.
2. Dorian LPG Ltd. (LPG)
14.8% sales growth and 29.22% return on equity
Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. The company owns and operates very large gas carriers (VLGCs). As of March 31, 2020, its fleet consisted of twenty-four VLGCs. The company was founded in 2013 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, Dorian LPG Ltd. has a trailing twelve months EPS of $6.35.
PE Ratio
Dorian LPG Ltd. has a trailing twelve months price to earnings ratio of 7.53. Meaning, the purchaser of the share is investing $7.53 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 29.22%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Dorian LPG Ltd.’s EBITDA is 16.15.
3. ANSYS (ANSS)
7.2% sales growth and 10.13% return on equity
ANSYS, Inc. develops and markets engineering simulation software and services worldwide. It offers ANSYS Workbench, a framework upon which its multiphysics engineering simulation technologies are built and enables engineers to simulate the interactions between structures, heat transfer, fluids, electronics, and optical elements in a unified engineering simulation environment; high-performance computing product suite and the cloud; power analysis and optimization software suite that manages the power budget, power delivery integrity, and power-induced noise in an electronic design; and structural analysis product suite that provides simulation tools for product design and optimization. The company also provides electronics product suite that offers electromagnetic field simulation software for designing electronic and electromechanical products; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; fluids product suite that enables modeling of fluid flow and other related physical phenomena; Ansys Granta products to give access to material intelligence; photonic design and simulation tools; and optical sensor and closed-loop, and real-time simulation, as well as safety-certified embedded software solutions. In addition, the company provides Discovery product family for use in the simulation of product design; and academic product suite used in research and teaching settings, which allows students to become familiar with its simulation software. It serves engineers, designers, researchers, and students in the aerospace and defense, automotive, construction, consumer products, energy, healthcare, high-tech, industrial equipment, and materials and chemical processing industries. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.
Earnings Per Share
As for profitability, ANSYS has a trailing twelve months EPS of $5.54.
PE Ratio
ANSYS has a trailing twelve months price to earnings ratio of 59.11. Meaning, the purchaser of the share is investing $59.11 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 10.13%.
Sales Growth
ANSYS’s sales growth is 15.5% for the present quarter and 7.2% for the next.
Yearly Top and Bottom Value
ANSYS’s stock is valued at $327.45 at 00:22 EST, way under its 52-week high of $364.31 and way above its 52-week low of $248.00.
Previous days news about ANSYS(ANSS)
- According to Zacks on Tuesday, 16 January, "The first big tech buyout was announced this morning, with electronic design automation producer Synopsys (SNPS Quick QuoteSNPS – Free Report) offering $35 billion in cash and stock for ANSYS (ANSS Quick QuoteANSS – Free Report) , an engineering simulation software firm with inroads to the automotive and aerospace/defense spaces, among others. ", "Each ANSYS shareholder would receive $197 in cash and roughly one-third of a share of SNPS stock per share of ANSS, pending regulatory approval. "
- According to Zacks on Wednesday, 17 January, "The upswing came after Synopsys announced that it has entered into a definitive agreement to acquire ANSYS Inc. in a deal worth $35 billion. "
- Synopsys (snps) to acquire simulation software maker ansys. According to Zacks on Wednesday, 17 January, "Synopsys (SNPS Quick QuoteSNPS – Free Report) put all speculations to rest on Tuesday by announcing a definitive agreement to acquire the engineering simulation software company ANSYS (ANSS Quick QuoteANSS – Free Report) in a deal valued at $35 billion. ", "The merger between Synopsys and ANSYS holds profound implications for the semiconductor landscape. "
4. Edwards Lifesciences (EW)
7% sales growth and 22.06% return on equity
Edwards Lifesciences Corporation provides products and technologies for structural heart disease, and critical care and surgical monitoring in the United States, Europe, Japan, and internationally. It offers transcatheter heart valve replacement products for the minimally invasive replacement of heart valves; and transcatheter heart valve repair and replacement products to treat mitral and tricuspid valve diseases. The company also provides the PASCAL and Cardioband transcatheter valve repair systems for minimally-invasive therapy. In addition, it offers surgical structural heart solutions, such as aortic surgical valve under the INSPIRIS name; KONECT RESILIA, a pre-assembled aortic tissue valved conduit for patients who require replacement of the valve, root, and ascending aorta; and HARPOON Beating Heart Mitral Valve Repair System for patients with degenerative mitral regurgitation. Further, the company provides critical care solutions, including advanced hemodynamic monitoring systems to measure a patient's heart function and fluid status in surgical and intensive care settings; and Acumen Hypotension Prediction Index software that alerts clinicians in advance of a patient developing dangerously low blood pressure. The company distributes its products through a direct sales force and independent distributors. Edwards Lifesciences Corporation was founded in 1958 and is headquartered in Irvine, California.
Earnings Per Share
As for profitability, Edwards Lifesciences has a trailing twelve months EPS of $2.34.
PE Ratio
Edwards Lifesciences has a trailing twelve months price to earnings ratio of 31.52. Meaning, the purchaser of the share is investing $31.52 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 22.06%.
Volume
Today’s last reported volume for Edwards Lifesciences is 1309990 which is 71.24% below its average volume of 4555430.
Sales Growth
Edwards Lifesciences’s sales growth is 10.8% for the present quarter and 7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.3%, now sitting on 5.82B for the twelve trailing months.
