(VIANEWS) – Genmab (GMAB), Fortinet (FTNT), MVB Financial Corp. (MVBF) 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. Genmab (GMAB)
29.5% sales growth and 22.25% return on equity
Genmab A/S develops antibody therapeutics for the treatment of cancer and other diseases primarily in Denmark. The company markets DARZALEX, a human monoclonal antibody for the treatment of patients with multiple myeloma (MM); teprotumumab for the treatment of thyroid eye disease; ofatumurnab, a human monoclonal antibody to treat chronic lymphocytic leukemia (CLL) and multiple sclerosis; and Amivantamab for advanced or metastatic gastric or esophageal cancer and NSCLC. Its products include daratumumab to treat MM, non-MM blood cancers, and AL amyloidosis; GEN1047; tisotumab vedotin for treating cervical, ovarian, and solid cancers; DuoBody-PD-L1x4-1BB, and DuoBody-CD40x4-1BB for treating solid tumors; Epcoritamab for relapsed/refractory diffuse large B-cell lymphoma and chronic lymphocytic leukemia; and HexaBody-CD38 and DuoHexaBody-CD37 for treating hematological malignancies. The company also develops Teclistamab, which is in Phase 2 trial for vaso-occlusive crises; Camidanlumab tesirine to treat hodgkin lymphoma and solid tumors; JNJ-64007957 and JNJ-64407564 to treat MM; PRV-015 for treating celiac disease; Mim8 for treating haemophilia A; and Lu AF82422 for treating multiple system atrophy disease. In addition, it has approximately 20 active pre-clinical programs. The company has a commercial license and collaboration agreement with Seagen Inc. to co-develop tisotumab vedotin. It also has a collaboration agreement with CureVac AG for the research and development of differentiated mRNA-based antibody products; argenx to discover, develop, and commercialize novel therapeutic antibodies with applications in immunology and oncology; and AbbVie for the development of epcoritamab, as well as collaborations with BioNTech, Janssen, Novo Nordisk A/S, BliNK Biomedical SAS, and Bolt Biotherapeutics, Inc. Genmab A/S was founded in 1999 and is headquartered in Copenhagen, Denmark.
Earnings Per Share
As for profitability, Genmab has a trailing twelve months EPS of $1.24.
PE Ratio
Genmab has a trailing twelve months price to earnings ratio of 32.52. Meaning, the purchaser of the share is investing $32.52 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 22.25%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 99.6%, now sitting on 14.6B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 481.8% and 397.6%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Genmab’s EBITDA is 36.72.
Yearly Top and Bottom Value
Genmab’s stock is valued at $40.32 at 20:23 EST, way below its 52-week high of $47.50 and way above its 52-week low of $26.19.
2. Fortinet (FTNT)
23.7% sales growth and 331.5% return on equity
Fortinet, Inc. provides cybersecurity and networking solutions worldwide. 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 centralized network logging, analyzing and reporting solutions. 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; FortiAuthenticator, a zero trust access solution; FortiGate VM, a network firewall virtual appliance; FortiToken, product family for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both machine-learning anti-malware protection and remediation. 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. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.
Earnings Per Share
As for profitability, Fortinet has a trailing twelve months EPS of $1.02.
PE Ratio
Fortinet has a trailing twelve months price to earnings ratio of 60.1. Meaning, the purchaser of the share is investing $60.1 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 331.5%.
Yearly Top and Bottom Value
Fortinet’s stock is valued at $61.30 at 20:23 EST, way below its 52-week high of $69.07 and way above its 52-week low of $42.61.
Volume
Today’s last reported volume for Fortinet is 1565490 which is 66.35% below its average volume of 4653230.
Moving Average
Fortinet’s worth is below its 50-day moving average of $63.16 and way above its 200-day moving average of $55.25.
Sales Growth
Fortinet’s sales growth is 25.8% for the current quarter and 23.7% for the next.
Previous days news about Fortinet(FTNT)
- According to Zacks on Tuesday, 2 May, "IPG Photonics currently carries a Zacks Rank #5 (Strong Sell).IPGP shares have gained 23.2% year to date, outperforming the Zacks Computer & Technology sector’s increase of 20.3%.BILL Holdings (BILL Quick QuoteBILL – Free Report) , Fortinet (FTNT Quick QuoteFTNT – Free Report) and DigitalOcean (DOCN Quick QuoteDOCN – Free Report) are some better-ranked stocks that investors can consider in the broader sector. "
- According to FXStreet on Wednesday, 3 May, "May 3- Qualcomm (QCOM), CVS Health (CVS), Kraft Heinz (KHC)and MetLife (MET) May 4- Apple (AAPL), Anheuser-Busch InBev (BUD), Booking Holdings (BKNG), Shopify (SHOP), DraftKings (DKNG)and Fortinet (FTNT) May 5- Enbridge (ENB), Cigna Group (CI), and CBOE Global Markets (CBOE), FuboTV (FUBO)and AMC Entertainment (AMC)."
- According to Zacks on Wednesday, 3 May, "Currently, AMD has a Zacks Rank #3 (Hold).BILL Holdings (BILL Quick QuoteBILL – Free Report) , Fortinet (FTNT Quick QuoteFTNT – Free Report) and DigitalOcean (DOCN Quick QuoteDOCN – Free Report) are some better-ranked stocks that investors can consider in the Zacks Computer & Technology sector. ", "While Fortinet sports a Zacks Rank #1 (Strong Buy), both BILL and DigitalOcean carry a Zacks Rank #2 (Buy). "
- According to Zacks on Wednesday, 3 May, "Another stock from the same industry, Fortinet (FTNT Quick QuoteFTNT – Free Report) , has yet to report results for the quarter ended March 2023. "
- According to Zacks on Thursday, 4 May, "Currently, Cognizant has a Zacks Rank #4 (Sell).BILL Holdings (BILL Quick QuoteBILL – Free Report) , Fortinet (FTNT Quick QuoteFTNT – Free Report) and DigitalOcean (DOCN Quick QuoteDOCN – Free Report) are some better-ranked stocks that investors can consider in the Zacks Computer & Technology sector. ", "While Fortinet sports a Zacks Rank #1 (Strong Buy), both BILL and DigitalOcean carry a Zacks Rank #2 (Buy). "
3. MVB Financial Corp. (MVBF)
20.6% sales growth and 5.36% return on equity
MVB Financial Corp., together with its subsidiaries, provides banking and mortgage products and services to individuals and corporate clients in the United States. The company operates through three segments: Commercial and Retail Banking; Mortgage Banking; and Financial Holding Company. It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and grants various types of loans, including commercial and commercial real estate loans, residential real estate loans, home equity lines of credit, and consumer loans. The company also provides debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services, as well as automated teller machines, and internet and telephone banking services. The company operates 13 full-service banking branches; ten offices in West Virginia; and three in Virginia. MVB Financial Corp. was founded in 1997 and is headquartered in Fairmont, West Virginia.
Earnings Per Share
As for profitability, MVB Financial Corp. has a trailing twelve months EPS of $1.17.
PE Ratio
MVB Financial Corp. has a trailing twelve months price to earnings ratio of 15.44. Meaning, the purchaser of the share is investing $15.44 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 5.36%.
4. Dorian LPG Ltd. (LPG)
19.8% 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 $3.23.
PE Ratio
Dorian LPG Ltd. has a trailing twelve months price to earnings ratio of 6.8. Meaning, the purchaser of the share is investing $6.8 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%.
5. James River Group Holdings, Ltd. (JRVR)
19% sales growth and 4.35% return on equity
James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. It operates through Excess and Surplus Lines, Specialty Admitted Insurance, and Casualty Reinsurance segments. The Excess and Surplus Lines segment underwrites liability and property insurance on an excess and surplus commercial lines basis in all states and the District of Columbia. This segment distributes its insurance policies primarily through wholesale insurance brokers. The Specialty Admitted Insurance segment provides workers' compensation coverage for building trades, healthcare employees, goods and services, light manufacturing, specialty transportation, and agriculture, as well as fronting and program business. The Casualty Reinsurance segment offers proportional and working layer casualty reinsurance to third parties and other insurance companies. James River Group Holdings, Ltd. was founded in 2002 and is headquartered in Pembroke, Bermuda.
Earnings Per Share
As for profitability, James River Group Holdings, Ltd. has a trailing twelve months EPS of $0.59.
PE Ratio
James River Group Holdings, Ltd. has a trailing twelve months price to earnings ratio of 33.05. Meaning, the purchaser of the share is investing $33.05 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 4.35%.
Moving Average
James River Group Holdings, Ltd.’s value is below its 50-day moving average of $21.51 and way below its 200-day moving average of $22.73.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.9%, now sitting on 813.7M for the twelve trailing months.
Yearly Top and Bottom Value
James River Group Holdings, Ltd.’s stock is valued at $19.50 at 20:23 EST, way under its 52-week high of $26.60 and higher than its 52-week low of $18.89.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 9, 2023, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 1.02%.
6. Enova International (ENVA)
9.8% sales growth and 17.92% return on equity
Enova International, Inc., a technology and analytics company, provides online financial services in the United States, Brazil, Australia, and Canada. The company offers installment loans; line of credit accounts; receivables purchase agreements; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan. It markets its financing products under the CashNetUSA, NetCredit, OnDeck, Headway Capital, The Business Backer, Simplic, and Pangea names. Enova International, Inc. was incorporated in 2011 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Enova International has a trailing twelve months EPS of $6.43.
PE Ratio
Enova International has a trailing twelve months price to earnings ratio of 6.93. Meaning, the purchaser of the share is investing $6.93 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 17.92%.
Yearly Top and Bottom Value
Enova International’s stock is valued at $44.58 at 20:23 EST, way under its 52-week high of $55.53 and way higher than its 52-week low of $25.80.
Volume
Today’s last reported volume for Enova International is 23177 which is 90.53% below its average volume of 244860.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Enova International’s EBITDA is 1.94.
7. Independent Bank Corporation (IBCP)
9.1% sales growth and 16.98% return on equity
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and nine loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $2.97.
PE Ratio
Independent Bank Corporation has a trailing twelve months price to earnings ratio of 5.81. Meaning, the purchaser of the share is investing $5.81 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 16.98%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.5%, now sitting on 206.13M for the twelve trailing months.
Moving Average
Independent Bank Corporation’s value is way below its 50-day moving average of $19.64 and way below its 200-day moving average of $21.29.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 28.6% and a negative 1.6%, respectively.
8. Mistras Group (MG)
5.9% sales growth and 3.29% return on equity
Mistras Group, Inc. provides technology-enabled asset protection solutions worldwide. The company operates through three segments: Services, International, and Products and Systems. It offers non-destructive testing services, as well as predictive maintenance assessments of fixed and rotating assets and inline inspection for pipelines; and engineering consulting services primarily for process equipment, technologies, and facilities. The company also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; develops enterprise inspection database management software and plant condition management software for process industries and equipment; and utilizes scaffolding and rope access to access at-height and confined assets. In addition, it offers certified divers for subsea inspection and maintenance; unmanned aerial, land-based, and subsea systems for a range of inspection applications; online condition-monitoring solutions; various Web-based solutions; and custom-developed software for an automated data analysis. Further, the company provides quality assurance and quality control solutions for new and existing metal and alloy components, materials, and composites. The company also designs, manufactures, sells acoustic emission sensors, instruments, and turnkey systems for monitoring and testing materials, pressure components, processes, and structures, as well as automated ultrasonic systems and scanners. It serves oil and gas, commercial aerospace and defense, fossil and nuclear power, alternative and renewable energy, public infrastructure, chemicals, transportation, primary metals and metalworking, pharmaceutical/biotechnology, and food processing industries, as well as research and engineering institutions. Mistras Group, Inc. was founded in 1978 and is headquartered in Princeton Junction, New Jersey.
Earnings Per Share
As for profitability, Mistras Group has a trailing twelve months EPS of $0.21.
PE Ratio
Mistras Group has a trailing twelve months price to earnings ratio of 38.86. Meaning, the purchaser of the share is investing $38.86 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 3.29%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.7%, now sitting on 687.37M for the twelve trailing months.
Yearly Top and Bottom Value
Mistras Group’s stock is valued at $8.16 at 20:23 EST, below its 52-week high of $8.31 and way higher than its 52-week low of $3.38.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Mistras Group’s EBITDA is 42.1.
