(VIANEWS) – Fortinet (FTNT), Dorian LPG Ltd. (LPG), Afya (AFYA) 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. Fortinet (FTNT)
23.8% sales growth and 289.24% return on equity
The zacks analyst blog highlights meta platforms, cadence design, airbnb, fortinet and palo altoZacks Rank #2 Fortinet has an expected revenue and earnings growth rate of 22.4% and 18.5%, respectively, for the current year. , Stocks recently featured in the blog include: Meta Platforms Inc. (META Quick QuoteMETA – Free Report) , Cadence Design Systems Inc. (CDNS Quick QuoteCDNS – Free Report) , Airbnb Inc. (ABNB Quick QuoteABNB – Free Report) , Fortinet Inc. (FTNT Quick QuoteFTNT – Free Report) and Palo Alto Networks Inc. (PANW Quick QuotePANW – Free Report) .
It has also been gaining from robust growth in Fortinet Security Fabric, cloud and Software-defined Wide Area Network offerings., Increasing IT spending on cybersecurity is expected to help Fortinet grow faster than the security market.
Higher IT spending on cybersecurity is further expected to aid Fortinet to grow faster than the security market. , With the help of Zacks Stock Screener, we have zeroed in on four technology stocks - Asure Software (ASUR Quick QuoteASUR – Free Report) , Broadcom (AVGO Quick QuoteAVGO – Free Report) Fortinet (FTNT Quick QuoteFTNT – Free Report) and Microchip Technology (MCHP Quick QuoteMCHP – Free Report) - which look promising based on their encouraging Zacks Rank and Growth Score.
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
Earnings Per Share
As for profitability, Fortinet has a trailing twelve months EPS of $2.96.
PE Ratio
Fortinet has a trailing twelve months price to earnings ratio of 22.38. Meaning, the purchaser of the share is investing $22.38 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 289.24%.
Previous days news about Fortinet(FTNT)
- According to Zacks on Friday, 31 March, "FTNT is also benefiting from robust growth in Fortinet Security Fabric, cloud and Software-defined Wide Area Network offerings.", "Higher IT spending on cybersecurity is expected to aid Fortinet in growing faster than the security market. "
2. Dorian LPG Ltd. (LPG)
10.8% sales growth and 14.97% 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 $3.28.
PE Ratio
Dorian LPG Ltd. has a trailing twelve months price to earnings ratio of 6.23. Meaning, the purchaser of the share is investing $6.23 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 14.97%.
3. Afya (AFYA)
9% sales growth and 11.9% return on equity
Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools. The company also provides digital health services, such as subscription-based mobile app and website portal that focuses on assisting health professionals and students with clinical decision-making through tools, such as medical calculators, charts, and updated content, as well as prescriptions, clinical scores, medical procedures and laboratory exams, and others. It offers health sciences courses, which comprise medicine, dentistry, nursing, radiology, psychology, pharmacy, physical education, physiotherapy, nutrition, and biomedicine; and degree programs and courses in other subjects and disciplines, including undergraduate and post graduate courses in business administration, accounting, law, civil engineering, industrial engineering, and pedagogy. In addition, the company provides medical postgraduate specialization programs; printed and digital content; and an online medical education platform and practical medical training services. As of December 31, 2021, it operated a network of 46 undergraduate and graduate medical school campuses consisted of 30 undergrad operating units and five approved units; and a network of 2,731 medical school seats that consisted of 2,481 operating seats and 278 approved seats. The company was founded in 1999 and is headquartered in Nova Lima, Brazil.
Earnings Per Share
As for profitability, Afya has a trailing twelve months EPS of $0.44.
PE Ratio
Afya has a trailing twelve months price to earnings ratio of 24.59. Meaning, the purchaser of the share is investing $24.59 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 11.9%.
4. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB)
6.8% sales growth and 39.58% return on equity
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport; and a hotel under the Hilton Garden Inn name at the Monterrey International Airport. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as hotel and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was founded in 1998 and is headquartered in Mexico City, Mexico.
Earnings Per Share
As for profitability, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a trailing twelve months EPS of $4.47.
PE Ratio
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a trailing twelve months price to earnings ratio of 18.34. Meaning, the purchaser of the share is investing $18.34 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 39.58%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Grupo Aeroportuario del Centro Norte S.A.B. de C.V.’s EBITDA is 1.72.
Revenue Growth
Year-on-year quarterly revenue growth grew by 36.8%, now sitting on 11.93B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 1, 2023, the estimated forward annual dividend rate is 3.99 and the estimated forward annual dividend yield is 4.94%.
Volume
Today’s last reported volume for Grupo Aeroportuario del Centro Norte S.A.B. de C.V. is 77756 which is 40.97% above its average volume of 55154.
