Extreme Networks And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Extreme Networks (EXTR), Holly Energy Partners, L.P. (HEP), Sun Communities (SUI) 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. Extreme Networks (EXTR)

20.9% sales growth and 57.35% return on equity

Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops software for network management, policy, analytics, security, and access controls. The company offers ExtremeCloud IQ, an ML/AI powered, wired, and wireless cloud network management solution that offers advanced visibility and control over users, devices, and applications; ExtremeCloud IQ – Site Engine that provides task automation, access control, granular visibility with real-time analytics and multi-vendor device management; and ExtremeCloud IQ Essentials offers WIPS, location services, IoT, and guest management services. It also provides wireless access point products; ExtremeSwitching portfolio that includes access edge products that offer physical presentations along with options to deliver Ethernet or convergence-friendly Power-over-Ethernet (POE), including high-power universal POE; aggregation/core switches designed to address aggregation, top-of-rack, and campus core environments; and data center switches and routers. In addition, the company offers cloud native platforms and applications for service providers; and customer support and services. It markets and sells its products through distributors, resellers, and field sales organizations to healthcare, education, government, manufacturing, retail, and hospitality markets. Extreme Networks, Inc. was incorporated in 1996 and is headquartered in Morrisville, North Carolina.

Earnings Per Share

As for profitability, Extreme Networks has a trailing twelve months EPS of $0.43.

PE Ratio

Extreme Networks has a trailing twelve months price to earnings ratio of 42.81. Meaning, the purchaser of the share is investing $42.81 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 57.35%.

2. Holly Energy Partners, L.P. (HEP)

15.4% sales growth and 24.22% return on equity

Holly Energy Partners, L.P. provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum industry in the United States. It operates through two segments, Pipelines and Terminals, and Refinery Processing Unit. The company operates refined product pipelines that transport conventional gasolines, reformulated gasolines, and low-octane gasolines for oxygenate blending, as well as sulfur diesel and jet fuels, and liquefied petroleum gases; intermediate product pipelines that transport intermediate feedstocks and crude oils; and oil trunk, gathering, and connection pipelines that delivers crude oil. It operates 26 main pipelines; crude gathering networks; 10 refined product terminals; 1 crude terminal; 1 lube terminal; 31,800 track feet of rail storage; 7 locations with truck and/or rail racks; and tankages at 6 refining facility locations, as well as five refinery processing units. The company was incorporated in 2004 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, Holly Energy Partners, L.P. has a trailing twelve months EPS of $1.77.

PE Ratio

Holly Energy Partners, L.P. has a trailing twelve months price to earnings ratio of 9.68. Meaning, the purchaser of the share is investing $9.68 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 24.22%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Holly Energy Partners, L.P.’s EBITDA is 6.38.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 27, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 8.31%.

Moving Average

Holly Energy Partners, L.P.’s worth is above its 50-day moving average of $17.08 and below its 200-day moving average of $17.95.

3. Sun Communities (SUI)

7.8% sales growth and 3.18% return on equity

Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of December 31, 2022, the Company owned, operated, or had an interest in a portfolio of 669 developed MH, RV and Marina properties comprising over 179,700 developed sites and approximately 47,800 wet slips and dry storage spaces in the United States, the United Kingdom and Canada.

Earnings Per Share

As for profitability, Sun Communities has a trailing twelve months EPS of $1.75.

PE Ratio

Sun Communities has a trailing twelve months price to earnings ratio of 72.94. Meaning, the purchaser of the share is investing $72.94 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 3.18%.

4. AmerisourceBergen (ABC)

6.1% sales growth and 221.04% return on equity

AmerisourceBergen Corporation sources and distributes pharmaceutical products. Its U.S. Healthcare Solutions segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and alternate site pharmacies, and other customers. The company also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; packaging solutions to various institutional and retail healthcare providers; clinical trial support, product post-approval, and commercialization support services; data analytics, outcomes research, and additional services for biotechnology and pharmaceutical manufacturers; and pharmaceuticals, vaccines, parasiticides, diagnostics, micro feed ingredients, and other products to customers in the companion animal and production animal markets, as well as demand-creating sales force services to manufacturer. In addition, this segment distributes plasma and other blood products, injectable pharmaceuticals, vaccines, and other specialty products; and provides other services primarily to physicians who specialize in various disease states, primarily oncology, as well as to other healthcare providers, including hospitals and dialysis clinics. The company's International Healthcare Solutions segment offers international pharmaceutical wholesale and related service, and global commercialization services; and distributes pharmaceuticals, other healthcare products, and related services to pharmacies, doctors, health centers and hospitals primarily in Europe. This segments also provides specialty transportation and logistics services for the biopharmaceutical industry. The company was incorporated in 2001 and is headquartered in Conshohocken, Pennsylvania.

Earnings Per Share

As for profitability, AmerisourceBergen has a trailing twelve months EPS of $7.79.

PE Ratio

AmerisourceBergen has a trailing twelve months price to earnings ratio of 21.82. Meaning, the purchaser of the share is investing $21.82 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 221.04%.

Volume

Today’s last reported volume for AmerisourceBergen is 1346730 which is 15.45% above its average volume of 1166410.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 7.3% and 8.5%, respectively.

Yearly Top and Bottom Value

AmerisourceBergen’s stock is valued at $170.00 at 16:22 EST, below its 52-week high of $176.62 and way higher than its 52-week low of $135.14.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AmerisourceBergen’s EBITDA is 0.15.

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