(VIANEWS) – Gilat Satellite Networks Ltd. (GILT), Meta Platforms (META), Amazon (AMZN) 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. Gilat Satellite Networks Ltd. (GILT)
16.7% sales growth and 8.62% return on equity
Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel and internationally. It operates through Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects segments. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services. Its portfolio consists of very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state power amplifiers, block upconverters, transceivers, low-profile antennas, and on-the-move/on-the-pause terminals and modems. The company also offers turnkey integrated solutions, including managed satellite network services, network planning and optimization, satellite capacity, remote network operation, call center support, hub and field operations, and communication networks construction and installation services. In addition, it provides connectivity services, Internet access, and telephony services to enterprise, government, and residential customers; and builds telecommunication infrastructure using fiber-optic and wireless technologies for broadband connectivity. The company sells its products and solutions to communication service providers, satellite operators, governments, mobile network operators, telecommunication companies, and system integrators, as well as to defense and homeland security organizations, and directly to end-users. Gilat Satellite Networks Ltd. was incorporated in 1987 and is headquartered in Petah Tikva, Israel.
Earnings Per Share
As for profitability, Gilat Satellite Networks Ltd. has a trailing twelve months EPS of $0.4.
PE Ratio
Gilat Satellite Networks Ltd. has a trailing twelve months price to earnings ratio of 13.78. Meaning, the purchaser of the share is investing $13.78 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 8.62%.
Yearly Top and Bottom Value
Gilat Satellite Networks Ltd.’s stock is valued at $5.51 at 20:22 EST, way under its 52-week high of $7.16 and way above its 52-week low of $4.95.
Revenue Growth
Year-on-year quarterly revenue growth grew by 29%, now sitting on 283.21M for the twelve trailing months.
Moving Average
Gilat Satellite Networks Ltd.’s worth is higher than its 50-day moving average of $5.47 and under its 200-day moving average of $6.03.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 50% and a negative 61.1%, respectively.
2. Meta Platforms (META)
16.1% sales growth and 33.36% return on equity
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California
Earnings Per Share
As for profitability, Meta Platforms has a trailing twelve months EPS of $14.86.
PE Ratio
Meta Platforms has a trailing twelve months price to earnings ratio of 34.45. Meaning, the purchaser of the share is investing $34.45 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 33.36%.
Volume
Today’s last reported volume for Meta Platforms is 10799200 which is 38.45% below its average volume of 17545500.
Sales Growth
Meta Platforms’s sales growth is 25.5% for the current quarter and 16.1% for the next.
Previous days news about Meta Platforms(META)
- According to Zacks on Friday, 7 June, "This has seen tech giants like Microsoft Corporation (MSFT), Meta Platforms (META), Alphabet, Inc. (GOOGL), and Amazon.com, Inc (AMZN) rushing to develop AI technologies."
- According to Zacks on Friday, 7 June, "In the same time frame, the company has underperformed Amazon (AMZN Quick QuoteAMZN – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) and Meta Platforms (META Quick QuoteMETA – Free Report) , from which it faces stiff competition in the generative AI market."
3. Amazon (AMZN)
11.8% sales growth and 20.31% return on equity
Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content. In addition, the company offers programs that enable sellers to sell their products in its stores; and programs that allow authors, independent publishers, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, it provides compute, storage, database, analytics, machine learning, and other services, as well as advertising services through programs, such as sponsored ads, display, and video advertising. Additionally, the company offers Amazon Prime, a membership program. The company's products offered through its stores include merchandise and content purchased for resale and products offered by third-party sellers. It serves consumers, sellers, developers, enterprises, content creators, advertisers, and employees. Amazon.com, Inc. was incorporated in 1994 and is headquartered in Seattle, Washington.
Earnings Per Share
As for profitability, Amazon has a trailing twelve months EPS of $2.89.
PE Ratio
Amazon has a trailing twelve months price to earnings ratio of 64.4. Meaning, the purchaser of the share is investing $64.4 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 20.31%.
Moving Average
Amazon’s worth is above its 50-day moving average of $182.53 and way higher than its 200-day moving average of $158.05.
Previous days news about Amazon(AMZN)
- According to Business Insider on Sunday, 9 June, "Apple alerted Amazon about a potential cloud security risk, prompting a change in AWS’s data-deletion process."
- According to Zacks on Friday, 7 June, "So far in 2024, CRWD has been able to upgrade its Falcon platform to integrate data from 500-plus independent software vendors, including Amazon Web Services, Cloudflare (NET Quick QuoteNET – Free Report) , Cribl, ExtraHop, Okta, Rubrik and Zscaler."
- According to Zacks on Friday, 7 June, "The addition of Meta’s Llama 2 to Amazon Bedrock as a new model remains noteworthy.", "Amazon, which has gained 21.8% year to date, is benefiting significantly from the solid adoption of Amazon Bedrock, which has provided it with a breakthrough in the generative AI space. "
- According to Zacks on Friday, 7 June, "Oracle plans to incorporate NVIDIA’s Grace Blackwell computing platform across OCI Supercluster and OCI Compute, significantly enhancing performance for AI modelsThe company’s partnerships are likely to have aided customer growth, thereby driving cloud services and license revenues in the fiscal fourth quarter despite stiff competition from industry giants like Salesforce and Amazon (AMZN Quick QuoteAMZN – Free Report) ."
4. Brown & Brown (BRO)
11.2% sales growth and 17.45% return on equity
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Cayman Islands, Ireland, and the United Kingdom. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The company offers builders risk, group medical and pharmaceutical, property, commercial auto, homeowners, reinsurance, crop and hail, inland marine, retirement benefit, cyber, disability, risk mitigating warranty products, directors and officers, management liability, errors and omissions, medical stop loss, term life, excess liability, personal auto, umbrella, general liability, prescription drug, workers compensation, and group dental insurance products. It also provides professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, and real estate title professionals, as well as supplementary insurance-related products for weddings, events, medical facilities, and cyber liability; homeowners and personal property policies, residential earthquake, and private passenger automobile and motorcycle coverage; commercial and public entity-related programs; and flood insurance, commercial difference-in-conditions, all-risk commercial property, coastal property programs, lender-placed solutions, sovereign Indian nations, and parcel insurance. In addition, it provides markets and sells excess and surplus commercial insurance products, such as personal lines, homeowners, yachts, jewelry, commercial property and casualty, commercial automobile, garage, restaurant, builder's risk, and inland marine lines; and third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, as well as Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.
Earnings Per Share
As for profitability, Brown & Brown has a trailing twelve months EPS of $3.24.
PE Ratio
Brown & Brown has a trailing twelve months price to earnings ratio of 27.58. Meaning, the purchaser of the share is investing $27.58 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 17.45%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.8%, now sitting on 4.34B for the twelve trailing months.
Volume
Today’s last reported volume for Brown & Brown is 791764 which is 33.9% below its average volume of 1197910.
Yearly Top and Bottom Value
Brown & Brown’s stock is valued at $89.36 at 20:22 EST, under its 52-week high of $91.70 and way above its 52-week low of $61.71.
Previous days news about Brown & Brown(BRO)
- According to Business Insider on Friday, 7 June, "The McNamara team will join the Brown & Brown office in Phoenix and report to Scott Jones, the leader of the Phoenix team."
