(VIANEWS) – Extra Space Storage (EXR), Hess Corporation (HES), Taiwan Semiconductor (TSM) 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)
74.3% sales growth and 8.73% 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 December 31, 2023, the Company owned and/or operated 3,714 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 2.6 million units and approximately 283.0 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 $4.74.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 30.87. Meaning, the purchaser of the share is investing $30.87 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 8.73%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 57.2%, now sitting on 2.62B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 28.5% and a negative 27%, respectively.
Sales Growth
Extra Space Storage’s sales growth is 73.9% for the current quarter and 74.3% for the next.
2. Hess Corporation (HES)
26.2% sales growth and 19.21% return on equity
Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. The company was incorporated in 1920 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Hess Corporation has a trailing twelve months EPS of $4.5.
PE Ratio
Hess Corporation has a trailing twelve months price to earnings ratio of 34.99. Meaning, the purchaser of the share is investing $34.99 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 19.21%.
Yearly Top and Bottom Value
Hess Corporation’s stock is valued at $157.45 at 06:22 EST, below its 52-week high of $167.75 and way above its 52-week low of $113.82.
Volume
Today’s last reported volume for Hess Corporation is 1836580 which is 34.02% below its average volume of 2783630.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Hess Corporation’s EBITDA is 4.99.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 1.75 and the estimated forward annual dividend yield is 1.21%.
3. Taiwan Semiconductor (TSM)
25.3% sales growth and 26% return on equity
Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors. The company also offers customer support and engineering services, as well as manufactures masks. Its products are used in high performance computing, smartphone, Internet of things, automotive, and digital consumer electronics. The company was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.
Earnings Per Share
As for profitability, Taiwan Semiconductor has a trailing twelve months EPS of $5.04.
PE Ratio
Taiwan Semiconductor has a trailing twelve months price to earnings ratio of 28.05. Meaning, the purchaser of the share is investing $28.05 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 26%.
Volume
Today’s last reported volume for Taiwan Semiconductor is 7611100 which is 52.4% below its average volume of 15990800.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 18, 2024, the estimated forward annual dividend rate is 2.05 and the estimated forward annual dividend yield is 1.53%.
Moving Average
Taiwan Semiconductor’s value is way above its 50-day moving average of $115.02 and way above its 200-day moving average of $100.37.
4. Nasdaq Inc (NDAQ)
22.8% sales growth and 12.44% return on equity
Nasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide. It operates in three segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment sells and distributes historical and real-time market data; and develops and licenses Nasdaq-branded indices and financial products. This segment also offers investor relations intelligence, governance solutions, and ESG solutions; and insights and workflow solutions, as well as operates listing platforms. The Financial Technology segment offers Verafin, a cloud-based platform to detect, investigate, and report money laundering and financial frauds; surveillance solutions, including a SaaS platform to assist in complying with market rules, regulations, and internal market surveillance policies; AxiomSL, a risk data management and regulatory reporting solution; and Calypso, a front-to-back trading technology solution for the financial market. This segment also handles assets, comprising cash equities, equity derivatives, currencies, various interest-bearing securities, commodities, energy products, and digital currencies; and trade management and colocation services. The Market Platforms segment offers equity derivative trading and clearing, cash equity trading, fixed income and commodities trading and clearing, and currency trading services. This segment operates various exchanges and other marketplace facilities across various asset classes which includes derivatives, commodities, cash equity, debt, structured products, and exchange traded products; and provides clearing, settlement, and central depository services. The company was formerly known as The NASDAQ OMX Group, Inc. and changed its name to Nasdaq, Inc. in September 2015. Nasdaq, Inc. was founded in 1971 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Nasdaq Inc has a trailing twelve months EPS of $2.08.
PE Ratio
Nasdaq Inc has a trailing twelve months price to earnings ratio of 29.83. Meaning, the purchaser of the share is investing $29.83 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 12.44%.
5. Century Communities (CCS)
14.9% sales growth and 11.43% return on equity
Century Communities, Inc., together with its subsidiaries, engages in the design, development, construction, marketing, and sale of single-family attached and detached homes. It is also involved in the entitlement and development of the underlying land; and provision of mortgage, title, and insurance services to its home buyers. The company offers homes under the Century Communities and Century Complete brands. It sells homes through its sales representatives, as well as through independent real estate brokers in 17 states in the United States. Century Communities, Inc. was founded in 2002 and is headquartered in Greenwood Village, Colorado.
Earnings Per Share
As for profitability, Century Communities has a trailing twelve months EPS of $8.05.
PE Ratio
Century Communities has a trailing twelve months price to earnings ratio of 11.13. Meaning, the purchaser of the share is investing $11.13 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 11.43%.
Volume
Today’s last reported volume for Century Communities is 245973 which is 24.57% below its average volume of 326126.
Yearly Top and Bottom Value
Century Communities’s stock is valued at $89.57 at 06:22 EST, below its 52-week high of $97.92 and way above its 52-week low of $58.01.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.2%, now sitting on 3.69B for the twelve trailing months.
6. ProLogis (PLD)
12.4% sales growth and 5.62% return on equity
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At December 31, 2023, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.
Earnings Per Share
As for profitability, ProLogis has a trailing twelve months EPS of $3.29.
PE Ratio
ProLogis has a trailing twelve months price to earnings ratio of 37.91. Meaning, the purchaser of the share is investing $37.91 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 5.62%.
Sales Growth
ProLogis’s sales growth is 14% for the ongoing quarter and 12.4% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ProLogis’s EBITDA is 19.2.
7. Virtus Investment Partners (VRTS)
8.2% sales growth and 14.82% return on equity
Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.
Earnings Per Share
As for profitability, Virtus Investment Partners has a trailing twelve months EPS of $17.71.
PE Ratio
Virtus Investment Partners has a trailing twelve months price to earnings ratio of 13.73. Meaning, the purchaser of the share is investing $13.73 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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Virtus Investment Partners’s EBITDA is 4.2.
Yearly Top and Bottom Value
Virtus Investment Partners’s stock is valued at $243.08 at 06:22 EST, below its 52-week high of $253.63 and way above its 52-week low of $165.00.
8. Chimera Investment Corporation (CIM)
7% sales growth and 4.83% return on equity
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 2007 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Chimera Investment Corporation has a trailing twelve months EPS of $0.23.
PE Ratio
Chimera Investment Corporation has a trailing twelve months price to earnings ratio of 19.52. Meaning, the purchaser of the share is investing $19.52 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 4.83%.
Volume
Today’s last reported volume for Chimera Investment Corporation is 1050260 which is 46.56% below its average volume of 1965580.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 28, 2023, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 15.42%.
