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Freeport And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Freeport (FCX), Asbury Automotive Group (ABG), Intuit (INTU) 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. Freeport (FCX)

25.3% sales growth and 14.38% return on equity

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Freeport has a trailing twelve months EPS of $1.28.

PE Ratio

Freeport has a trailing twelve months price to earnings ratio of 38.65. Meaning, the purchaser of the share is investing $38.65 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 14.38%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 12, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 1.16%.

Moving Average

Freeport’s worth is above its 50-day moving average of $46.99 and way higher than its 200-day moving average of $40.66.

Sales Growth

Freeport’s sales growth is 5.3% for the ongoing quarter and 25.3% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17.3%, now sitting on 23.79B for the twelve trailing months.

2. Asbury Automotive Group (ABG)

16% sales growth and 17.77% return on equity

Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and credit life and disability insurance. As of December 31, 2019, the company owned and operated 107 new vehicle franchises representing 31 brands of automobiles at 88 dealership locations; and 25 collision centers in the United States. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Duluth, Georgia.

Earnings Per Share

As for profitability, Asbury Automotive Group has a trailing twelve months EPS of $27.59.

PE Ratio

Asbury Automotive Group has a trailing twelve months price to earnings ratio of 8.04. Meaning, the purchaser of the share is investing $8.04 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 17.77%.

3. Intuit (INTU)

12.1% sales growth and 16.92% return on equity

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business & Self-Employed segment provides QuickBooks services, that includes financial and business management online services and desktop software, payroll solutions, time tracking, merchant payment processing solutions, and financing for small businesses; and Mailchimp services, such as e-commerce, marketing automation, and customer relationship management. This segment also offers QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; and QuickBooks Self-Employed solution; payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; and financial supplies and financing for small businesses, as well as electronic filing of federal and state income tax returns. The Consumer segment provides TurboTax income tax preparation products and services. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProTax segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California.

Earnings Per Share

As for profitability, Intuit has a trailing twelve months EPS of $9.79.

PE Ratio

Intuit has a trailing twelve months price to earnings ratio of 63.44. Meaning, the purchaser of the share is investing $63.44 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 41%, now sitting on 15.09B for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 9, 2024, the estimated forward annual dividend rate is 3.6 and the estimated forward annual dividend yield is 0.57%.

Volume

Today’s last reported volume for Intuit is 972683 which is 22.26% below its average volume of 1251220.

Previous days news about Intuit(INTU)

  • According to Zacks on Thursday, 16 May, "Bilibili (BILI Quick QuoteBILI – Free Report) , Salesforce (CRM Quick QuoteCRM – Free Report) and Intuit (INTU Quick QuoteINTU – Free Report) are some better-ranked stocks that investors can consider in the broader sector. "
  • What makes intuit (intu) a new buy stock. According to Zacks on Wednesday, 15 May, "The upgrade of Intuit to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.", "Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Intuit imply an improvement in the company’s underlying business. "
  • According to Zacks on Wednesday, 15 May, "Some better-ranked stocks in the broader technology sector are Salesforce (CRM Quick QuoteCRM – Free Report) , CrowdStrike (CRWD Quick QuoteCRWD – Free Report) and Intuit (INTU Quick QuoteINTU – Free Report) , each carrying a Zacks Rank #2 (Buy) at present. "

4. First Busey Corporation (BUSE)

11.2% sales growth and 9.03% return on equity

First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates through three segments: Banking, FirsTech, and Wealth Management. It offers banking services to individual and corporate customers. The company also provides asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services. Further, it offers payment technology solutions through its payment platform, such as walk-in payment processing for customers at retail pay agents; online bill payment solutions; customer service payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered to automated clearing house network; money management and credit card networks; and lockbox remittance processing to make payments by mail, as well as provides tools related to billing, reconciliation, bill reminders, and treasury services. The company has 46 banking centers in Illinois; 8 in Missouri; 3 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.

Earnings Per Share

As for profitability, First Busey Corporation has a trailing twelve months EPS of $1.99.

PE Ratio

First Busey Corporation has a trailing twelve months price to earnings ratio of 11.9. Meaning, the purchaser of the share is investing $11.9 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 9.03%.

Volume

Today’s last reported volume for First Busey Corporation is 90686 which is 43.07% below its average volume of 159296.

Revenue Growth

Year-on-year quarterly revenue growth declined by 9.4%, now sitting on 428.41M for the twelve trailing months.

Yearly Top and Bottom Value

First Busey Corporation’s stock is valued at $23.68 at 20:22 EST, below its 52-week high of $25.80 and way above its 52-week low of $17.45.

Sales Growth

First Busey Corporation’s sales growth is 9.3% for the present quarter and 11.2% for the next.

5. Honda (HMC)

9.5% sales growth and 9.65% return on equity

Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces motorcycles, including sports, business, and commuter models; and various off-road vehicles, such as all-terrain vehicles and side-by-sides. Its Automobile Business segment offers passenger cars, light trucks, and mini vehicles. The Financial Services Business segment provides various financial services, including retail lending and leasing services to customers, as well as wholesale financing services to dealers. Its Power Product and Other Businesses manufactures and sells power products, such as general purpose engines, lawn mowers, generators, water pumps, brush cutters, tillers, outboard marine engines and snow throwers. This segment also offers HondaJet aircraft. The company also sells spare parts; and provides after-sale services through retail dealers directly, as well as through independent distributors and licensees. Honda Motor Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan.

Earnings Per Share

As for profitability, Honda has a trailing twelve months EPS of $3.77.

PE Ratio

Honda has a trailing twelve months price to earnings ratio of 9.58. Meaning, the purchaser of the share is investing $9.58 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 9.65%.

Volume

Today’s last reported volume for Honda is 607874 which is 42.18% below its average volume of 1051500.

Revenue Growth

Year-on-year quarterly revenue growth grew by 23.8%, now sitting on 20.43T for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 28, 2023, the estimated forward annual dividend rate is 1.02 and the estimated forward annual dividend yield is 3.02%.

Previous days news about Honda(HMC)

  • Honda's (hmc) Q4 earnings beat estimates, revenues miss. According to Zacks on Wednesday, 15 May, "For fiscal 2025, Honda forecasts revenues of ¥20.3 trillion, implying a decline of 0.6% year over year. "

6. Sterling Construction Company (STRL)

8.8% sales growth and 25.93% return on equity

Sterling Construction Company, Inc., a construction company, engages in the heavy civil, specialty services, and residential construction activities primarily in the southern United States, the Rocky Mountain states, California, and Hawaii. The company undertakes various heavy civil construction projects, including highways, roads, bridges, airfields, ports, light rail, water, wastewater and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads. It offers specialty services such as foundations for multi-family homes, parking structures, and other commercial concrete projects for blue-chip end users in the e-commerce, data center, distribution center and warehousing, energy, mixed use, and multi-family sectors. The company also undertakes concrete foundations for single-family homes. In addition, it provides surveying, clearing and grubbing, erosion control, grading, grassing, site excavation, storm drainage, sanitary sewer and water main installation, drilling and blasting, curb and gutter, paving, concrete work, and landfill services. The company was formerly known as Oakhurst Company, Inc. and changed its name to Sterling Construction Company, Inc. in November 2001. Sterling Construction Company, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.

Earnings Per Share

As for profitability, Sterling Construction Company has a trailing twelve months EPS of $4.44.

PE Ratio

Sterling Construction Company has a trailing twelve months price to earnings ratio of 22.88. Meaning, the purchaser of the share is investing $22.88 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 25.93%.

7. Ingersoll (IR)

5.6% sales growth and 8.56% return on equity

Ingersoll Rand Inc. provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc. The Precision and Science Technologies segment designs, manufactures, and markets diaphragm, piston, water-powered, peristaltic, gear, vane, progressive cavity, and syringe pumps; and gas boosters, hydrogen compression systems, automated liquid handling systems, odorant injection systems, controls, software, and other related components and accessories for liquid and gas dosing, transfer, dispensing, compression, sampling, pressure management, and flow control in specialized or critical applications under the Air Dimensions, Albin, ARO, Dosatron, Haskel, Ingersoll Rand, LMI, Maximus, Milton Roy, MP, Oberdorfer, Seepex, Thomas, Welch, Williams, YZ, and Zinnser Analytic brand names. This segment's products are used in medical, life sciences, industrial manufacturing, water and wastewater, chemical processing, energy, food and beverage, agriculture, and other markets. It sells through an integrated network of direct sales representatives and independent distributors. The company was formerly known as Gardner Denver Holdings, Inc. and changed its name to Ingersoll Rand Inc. in March 2020. Ingersoll Rand Inc. was founded in 1859 and is headquartered in Davidson, North Carolina.

Earnings Per Share

As for profitability, Ingersoll has a trailing twelve months EPS of $1.9.

PE Ratio

Ingersoll has a trailing twelve months price to earnings ratio of 48.38. Meaning, the purchaser of the share is investing $48.38 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 8.56%.

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