(VIANEWS) – Extra Space Storage (EXR), Pacific Gas & Electric Co. (PCG), Rexford Industrial Realty (REXR) 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)
29.3% sales growth and 22.19% 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 June 30, 2023, the Company owned and/or operated 2,438 self-storage stores in 41 states and Washington, D.C. The Company's stores comprise approximately 1.7 million units and approximately 184.0 million square feet of rentable space. With the completed Life Storage Merger on July 20, 2023, Extra Space currently has over 3,500 locations under the Extra Space, Life Storage and Storage Express brands, and it is the largest operator of self-storage properties in the United States. 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.
Earnings Per Share
As for profitability, Extra Space Storage has a trailing twelve months EPS of $6.12.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 16.6. Meaning, the purchaser of the share is investing $16.6 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 22.19%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 2.44 and the estimated forward annual dividend yield is 2.34%.
Previous days news about Extra Space Storage(EXR)
- According to Zacks on Tuesday, 31 October, "We now look forward to the earnings releases of other storage REITs like Extra Space Storage (EXR Quick QuoteEXR – Free Report) and CubeSmart (CUBE Quick QuoteCUBE – Free Report) , which are slated to report on Nov 7 and Nov 2, respectively."
- According to Zacks on Wednesday, 1 November, "Another stock from the same industry, Extra Space Storage (EXR Quick QuoteEXR – Free Report) , has yet to report results for the quarter ended September 2023. "
2. Pacific Gas & Electric Co. (PCG)
28.1% sales growth and 7.83% return on equity
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, transmission switching substations, and distribution substations; and natural gas transmission, storage, and distribution system consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was incorporated in 1905 and is based in Oakland, California.
Earnings Per Share
As for profitability, Pacific Gas & Electric Co. has a trailing twelve months EPS of $0.86.
PE Ratio
Pacific Gas & Electric Co. has a trailing twelve months price to earnings ratio of 19.29. Meaning, the purchaser of the share is investing $19.29 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 7.83%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.2%, now sitting on 22.76B for the twelve trailing months.
Yearly Top and Bottom Value
Pacific Gas & Electric Co.’s stock is valued at $16.59 at 01:22 EST, under its 52-week high of $18.19 and way above its 52-week low of $14.32.
Sales Growth
Pacific Gas & Electric Co.’s sales growth is 1.6% for the current quarter and 28.1% for the next.
Moving Average
Pacific Gas & Electric Co.’s value is higher than its 50-day moving average of $16.42 and below its 200-day moving average of $16.59.
3. Rexford Industrial Realty (REXR)
18.5% sales growth and 3.17% return on equity
Rexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets, owns 232 properties with approximately 27.9 million rentable square feet and manages an additional 20 properties with approximately 1.0 million rentable square feet.
Earnings Per Share
As for profitability, Rexford Industrial Realty has a trailing twelve months EPS of $1.05.
PE Ratio
Rexford Industrial Realty has a trailing twelve months price to earnings ratio of 39.91. Meaning, the purchaser of the share is investing $39.91 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 3.17%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Rexford Industrial Realty’s EBITDA is 14.55.
Moving Average
Rexford Industrial Realty’s worth is way under its 50-day moving average of $49.78 and way below its 200-day moving average of $54.81.
4. ANSYS (ANSS)
18% sales growth and 11.19% 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 $6.01.
PE Ratio
ANSYS has a trailing twelve months price to earnings ratio of 45.85. Meaning, the purchaser of the share is investing $45.85 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 11.19%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.8%, now sitting on 2.17B for the twelve trailing months.
Yearly Top and Bottom Value
ANSYS’s stock is valued at $275.55 at 01:22 EST, way under its 52-week high of $351.23 and way higher than its 52-week low of $206.36.
Previous days news about ANSYS(ANSS)
- Here's what to expect from ansys' (anss) in Q3 earnings. According to Zacks on Monday, 30 October, "Also, ANSYS and Altium have joined forces to enhance the process of electronic design and development. ", "Our proven model does not conclusively predict an earnings beat for ANSYS this time around. "
5. Assertio Holdings (ASRT)
11.1% sales growth and 51.07% return on equity
Assertio Holdings, Inc., a commercial pharmaceutical company, provides medicines in the areas of neurology, hospital, and pain and inflammation. The company's pharmaceutical products include INDOCIN, an oral solution and a suppository form for the treatment of moderate to severe rheumatoid arthritis, including acute flares of chronic disease; moderate to severe ankylosing spondylitis and osteoarthritis; and acute painful shoulder and gouty arthritis. It also provides CAMBIA, a non-steroidal anti-inflammatory drug (NSAID) for the treatment of migraine, nausea, photophobia, and phonophobia; Zipsor, an NSAID for relief of mild to moderate acute pain; and SPRIX, an NSAID for the short term management of moderate to moderately severe pain that requires analgesia at the opioid level. The company was formerly known as Assertio Therapeutics, Inc. and changed its name to Assertio Holdings, Inc. in May 2020. Assertio Holdings, Inc. was incorporated in 1995 and is headquartered in Lake Forest, Illinois.
Earnings Per Share
As for profitability, Assertio Holdings has a trailing twelve months EPS of $1.72.
PE Ratio
Assertio Holdings has a trailing twelve months price to earnings ratio of 1.32. Meaning, the purchaser of the share is investing $1.32 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 51.07%.
Yearly Top and Bottom Value
Assertio Holdings’s stock is valued at $2.28 at 01:22 EST, way under its 52-week high of $8.01 and above its 52-week low of $2.11.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Assertio Holdings’s EBITDA is 14.13.
6. Ambev (ABEV)
5.7% sales growth and 16.92% return on equity
Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands. The company also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, coconut water, powdered and natural juices, and ready-to-drink teas under the Guaraná Antarctica, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Do Bem, Pepsi-Cola, Canada Dry, Squirt, Red Rock, Red Bull, Seven Up, Nutrl, Bud Light Seltzer, Palm Bay, and Mike's brands. It offers its products through a network of third-party distributors and a direct distribution system. The company was founded in 1885 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.
Earnings Per Share
As for profitability, Ambev has a trailing twelve months EPS of $0.18.
PE Ratio
Ambev has a trailing twelve months price to earnings ratio of 14.19. Meaning, the purchaser of the share is investing $14.19 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 16.92%.
7. Graham Holdings Company (GHC)
5.4% sales growth and 5.27% return on equity
Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution. The company also owns and operates television stations, restaurants, and entertainment venues; engages in the financial training and automobile dealerships business; offers social media management tools to connect newsrooms with their users; produces Foreign Policy magazine and ForeignPolicy.com website; and publishes Slate, an online magazine, as well as French-language news magazine websites at slate.fr and slateafrique.com. In addition, it provides social media marketing solutions; home health, hospice, and palliative services; burners, igniters, dampers, and controls; screw jacks, linear actuators, and related linear motion products, and lifting systems; pressure impregnated kiln-dried lumber and plywood products; digital advertising services; power charging and data systems, industrial and commercial indoor lighting solutions, and electrical components and assemblies; dermatology and professional aesthetics, and skin care services; software and services; and operates pharmacy. The company was formerly known as The Washington Post Company and changed its name to Graham Holdings Company in November 2013. Graham Holdings Company was founded in 1877 and is based in Arlington, Virginia.
Earnings Per Share
As for profitability, Graham Holdings Company has a trailing twelve months EPS of $44.74.
PE Ratio
Graham Holdings Company has a trailing twelve months price to earnings ratio of 12.9. Meaning, the purchaser of the share is investing $12.9 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 5.27%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 49.5% and a negative 33.4%, respectively.
