(VIANEWS) – Extra Space Storage (EXR), ServiceNow (NOW), Towers Watson & Co (TW) 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)
38.5% 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 20.88. Meaning, the purchaser of the share is investing $20.88 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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Extra Space Storage’s EBITDA is 17.18.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 32.1% and a negative 8.6%, respectively.
Volume
Today’s last reported volume for Extra Space Storage is 889679 which is 55.43% below its average volume of 1996140.
Previous days news about Extra Space Storage(EXR)
- According to Zacks on Thursday, 14 September, "Its peer, Extra Space Storage (EXR Quick QuoteEXR – Free Report) , also concluded the buyout of Life Storage, Inc. in an all-stock transaction in July 2023. ", "This acquisition by Extra Space Storage has significantly enhanced its scale in the self-storage industry, making the combined entity the largest self-storage operator in the United States (based on the number of self-storage locations)."
2. ServiceNow (NOW)
23% sales growth and 25.61% return on equity
ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The company operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools. It also provides information technology (IT) service management applications; IT service management product suite for enterprise's employees, customers, and partners; strategic portfolio management product suite; IT operations management product that connects a customer's physical and cloud-based IT infrastructure; IT asset management; and security operations that connects with internal and third party. In addition, the company offers integrated risk management product to manage risk and resilience; environmental, social and governance management product; human resources, legal, and workplace service delivery products; safe workplace suite products; customer service management product; and field service management applications. Further, it provides App Engine product; Automation Engine enables application to extend workflows; platform privacy and security product; procurement operations management suite; and professional and customer support services. The company serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through direct sales team and resale partners. It has a strategic partnership with Celonis to help customers identify and prioritize processes that are suitable for automation. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. The company was founded in 2004 and is headquartered in Santa Clara, California.
Earnings Per Share
As for profitability, ServiceNow has a trailing twelve months EPS of $7.03.
PE Ratio
ServiceNow has a trailing twelve months price to earnings ratio of 82.29. Meaning, the purchaser of the share is investing $82.29 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 25.61%.
Previous days news about ServiceNow(NOW)
- According to Zacks on Friday, 15 September, "Moreover, SentinelOne is riding on an expanding partner base that includes the likes of ServiceNow and Amazon cloud arm, Amazon Web Services, which leverages the Singularity XDR platform to provide end-to-end threat detection and automated response."
3. Towers Watson & Co (TW)
13.3% sales growth and 6.94% return on equity
Tradeweb Markets Inc. builds and operates electronic marketplaces in the Americas, Europe, the Middle East, Africa, Asia Pacific, and internationally. The company's marketplaces facilitate trading in a range of asset classes, including rates, credit, money markets, and equities. It offers pre-trade data and analytics, trade execution, and trade processing, as well as post-trade data, analytics, and reporting services. The company provides flexible order and trading systems to institutional investors. It also offers a range of electronic, voice, and hybrid platforms to dealers and financial institutions on electronic or hybrid markets with Dealerweb platform; and trading solutions for financial advisory firms and traders with Tradeweb Direct platform. The company serves in the institutional, wholesale, and retail client sectors. Its customers include asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading firms, retail brokerage and financial advisory firms, and regional dealers. The company was founded in 1996 and is headquartered in New York, New York. Tradeweb Markets Inc. operates a subsidiary of Refinitiv Parent Limited.
Earnings Per Share
As for profitability, Towers Watson & Co has a trailing twelve months EPS of $1.58.
PE Ratio
Towers Watson & Co has a trailing twelve months price to earnings ratio of 52.63. Meaning, the purchaser of the share is investing $52.63 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 6.94%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.5%, now sitting on 1.22B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Towers Watson & Co’s EBITDA is 13.82.
4. Boston Scientific (BSX)
11.9% sales growth and 5.1% return on equity
Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through MedSurg and Cardiovascular segments. The company offers devices to diagnose and treat gastrointestinal and pulmonary conditions; devices to treat various urological and pelvic conditions; implantable cardioverter and implantable cardiac resynchronization therapy defibrillators; pacemakers and implantable cardiac resynchronization therapy pacemakers; and remote patient management systems. It also provides medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising 3-D cardiac mapping and navigation solutions, ablation catheters, diagnostic catheters, mapping catheters, intracardiac ultrasound catheters, delivery sheaths, and other accessories; spinal cord stimulator systems for the management of chronic pain; indirect decompression systems; and deep brain stimulation systems. In addition, the company offers interventional cardiology products, that uses in the treatment of coronary artery disease and aortic valve conditions. Further, it provides stents, balloon catheters, guidewires, atherectomy, and thrombectomy systems to treat arterial and venous diseases; and peripheral embolization devices, radioactive microspheres, cryotherapy ablation systems, and micro and drainage catheters to treat cancer. The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts.
Earnings Per Share
As for profitability, Boston Scientific has a trailing twelve months EPS of $0.6.
PE Ratio
Boston Scientific has a trailing twelve months price to earnings ratio of 88.26. Meaning, the purchaser of the share is investing $88.26 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 5.1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Boston Scientific’s EBITDA is 6.56.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 11.6% and 6.1%, respectively.
Sales Growth
Boston Scientific’s sales growth is 9.6% for the current quarter and 11.9% for the next.
5. AB InBev (BUD)
8.2% sales growth and 9.07% return on equity
Anheuser-Busch InBev SA/NV produces, distributes, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands. The company was founded in 1366 and is headquartered in Leuven, Belgium.
Earnings Per Share
As for profitability, AB InBev has a trailing twelve months EPS of $3.04.
PE Ratio
AB InBev has a trailing twelve months price to earnings ratio of 18.75. Meaning, the purchaser of the share is investing $18.75 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 9.07%.
Volume
Today’s last reported volume for AB InBev is 1776200 which is 11.38% below its average volume of 2004370.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 0.82 and the estimated forward annual dividend yield is 1.46%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AB InBev’s EBITDA is 3.13.
Previous days news about AB InBev(BUD)
- AB inbev (bud) on track with its growth efforts: apt to hold?. According to Zacks on Thursday, 14 September, "For 2023, AB InBev expects EBITDA growth of 4-8%, in line with its medium-term outlook and our estimate of 4%. ", "Moving on, AB InBev has been investing in developing a diverse portfolio of global, international and crafts and specialty premium brands in its markets. "
6. Raymond James Financial (RJF)
7.7% sales growth and 17.97% return on equity
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party product partners, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, including equity underwriting, debt underwriting, and merger and acquisition advisory services; and fixed income and equity brokerage services. The Asset Management segment offers asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Raymond James Bank segment provides insured deposit accounts; commercial and industrial, commercial real estate (CRE) and CRE construction, tax-exempt, residential mortgage, securities-based, and other loans; loan syndication services; and liquidity management products and services. The Other segment engages in the private equity investments, including invests in third-party funds. The company was founded in 1962 and is headquartered in St. Petersburg, Florida.
Earnings Per Share
As for profitability, Raymond James Financial has a trailing twelve months EPS of $7.94.
PE Ratio
Raymond James Financial has a trailing twelve months price to earnings ratio of 13.53. Meaning, the purchaser of the share is investing $13.53 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 17.97%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.2%, now sitting on 11.16B for the twelve trailing months.
7. ITT Corporation (ITT)
6.2% sales growth and 19.62% return on equity
ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, light- and heavy-duty commercial and military vehicles, buses, and rail. The Industrial Process segment designs and manufactures industrial pumps, valves, and plant optimization systems; and centrifugal process pumps, twin screw, axials, and positive displacement pumps, and water systems, as well as aftermarket solutions, such as repairs and upgrades services. It serves various customers in industries, such as chemical, oil and gas, mining, and other industrial process markets. The Connect & Control Technologies segment designs and manufactures a range of engineered connectors and specialized control components for critical applications supporting various markets, including aerospace and defense, industrial, transportation, medical, and oil and gas. The connector product portfolio includes electrical connectors, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniature, and cable assemblies; and control products consist of fuel and water pumps, valves, electro-mechanical rotary and linear actuators, and pressure, temperature, limit, and flow switches for various aircraft systems. ITT Inc. was founded in 1920 and is headquartered in White Plains, New York.
Earnings Per Share
As for profitability, ITT Corporation has a trailing twelve months EPS of $5.12.
PE Ratio
ITT Corporation has a trailing twelve months price to earnings ratio of 20.2. Meaning, the purchaser of the share is investing $20.2 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 19.62%.
8. American States Water Company (AWR)
5.3% sales growth and 16.17% return on equity
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of December 31, 2020, it provided water service to approximately 261,796 customers located throughout 10 counties in the State of California; and distributed electricity to approximately 24,545 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was founded in 1929 and is headquartered in San Dimas, California.
Earnings Per Share
As for profitability, American States Water Company has a trailing twelve months EPS of $3.16.
PE Ratio
American States Water Company has a trailing twelve months price to earnings ratio of 26.6. Meaning, the purchaser of the share is investing $26.6 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 16.17%.
