Globus Maritime Limited And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Globus Maritime Limited (GLBS), Asbury Automotive Group (ABG), PetIQ (PETQ) 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. Globus Maritime Limited (GLBS)

39.2% sales growth and 3.89% return on equity

Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of March 31, 2022, the company's fleet included nine vessels with a total carrying capacity of 626,257 deadweight tonnage. It charters its vessels to operators, trading houses, shipping companies and producers, and government-owned entities. The company was incorporated in 2006 and is based in Athens, Greece. Globus Maritime Limited is a subsidiary of Firment Trading Limited.

Earnings Per Share

As for profitability, Globus Maritime Limited has a trailing twelve months EPS of $0.33.

PE Ratio

Globus Maritime Limited has a trailing twelve months price to earnings ratio of 5.91. Meaning, the purchaser of the share is investing $5.91 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 3.89%.

Moving Average

Globus Maritime Limited’s worth is way above its 50-day moving average of $1.70 and below its 200-day moving average of $2.04.

Volume

Today’s last reported volume for Globus Maritime Limited is 18718 which is 62.73% below its average volume of 50234.

Sales Growth

Globus Maritime Limited’s sales growth is 21.1% for the current quarter and 39.2% for the next.

Yearly Top and Bottom Value

Globus Maritime Limited’s stock is valued at $1.95 at 01:22 EST, way below its 52-week high of $3.15 and way above its 52-week low of $1.40.

2. Asbury Automotive Group (ABG)

13.9% sales growth and 12.5% 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 $19.67.

PE Ratio

Asbury Automotive Group has a trailing twelve months price to earnings ratio of 11.95. Meaning, the purchaser of the share is investing $11.95 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 12.5%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.5%, now sitting on 15.93B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 18.7% and a negative 9.4%, respectively.

Sales Growth

Asbury Automotive Group’s sales growth is 14.2% for the ongoing quarter and 13.9% for the next.

Volume

Today’s last reported volume for Asbury Automotive Group is 115622 which is 42.87% below its average volume of 202400.

3. PetIQ (PETQ)

5.7% sales growth and 5.52% return on equity

PetIQ, Inc. operates as a pet medication and wellness company in the United States and internationally. It operates in two segments, Products and Services. The company offers Rx pet medications, which include flea and tick control, heartworm preventatives, arthritis, thyroid, diabetes and pain treatments, antibiotics, and other specialty medications; and develops and manufactures its own proprietary value-branded products, as well as distributes third-party branded medications. It also provides OTC medications and supplies primarily within the flea and tick control, and behavior management categories of the health and wellness industry in various forms, such as spot on (topical) treatments, chewables, oral tablets, and collars. In addition, the company offers health and wellness products that include dental treats and nutritional supplements, which comprise hip and joint, vitamins, and skin and coat products. The company provides its products primarily under the PetIQ, PetArmor, VIP Petcare, VetIQ PetCare, VetIQ, Capstar, Advecta, SENTRY, Sergeants, PetLock, Heart Shield Plus, TruProfen, Betsy Farms, PetAction, Minties, Vera, and Delightibles brands. In addition, the company offers a suite of services at community clinics and wellness centers hosted at pet retailers, including diagnostic tests, vaccinations, prescription medications, microchipping, and wellness checks. It operates through veterinarian, retail, and e-commerce channels. The company was founded in 2010 and is headquartered in Eagle, Idaho.

Earnings Per Share

As for profitability, PetIQ has a trailing twelve months EPS of $0.37.

PE Ratio

PetIQ has a trailing twelve months price to earnings ratio of 83.46. Meaning, the purchaser of the share is investing $83.46 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 5.52%.

Volume

Today’s last reported volume for PetIQ is 292983 which is 65.79% below its average volume of 856617.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.6%, now sitting on 1.13B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 2.4% and positive 108.3% for the next.

Moving Average

PetIQ’s value is above its 50-day moving average of $30.05 and way above its 200-day moving average of $21.81.

4. Elbit Systems Ltd. (ESLT)

5.3% sales growth and 8.37% return on equity

Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel, North America, the Asia-Pacific, Europe, Latin America, and internationally. The company operates through five segments: Aerospace; C4I and Cyber; Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) and Electronic Warfare (EW); Land; and Elbit Systems of America (ESA). It also offers military aircraft and helicopter systems; commercial aviation systems and aerostructures; unmanned aircraft systems; flight academy solutions, electro-optic, night vision, high power energy solutions, and countermeasures systems; naval systems; land vehicle systems; munitions, such as precision munitions for land, air, and sea applications; command, control, communications, computer, intelligence, surveillance and reconnaissance, and cyber systems; electronic warfare and signal intelligence systems; and other commercial activities. In addition, the company manufactures and sells data links and radio communication systems and equipment, and cyber intelligence, autonomous, and homeland security solutions. Further, it provides various electronic warfare and signal intelligence systems, and laser systems; armored vehicle and other platforms survivability and protection systems, artillery, and mortar systems, as well as provides various training and support services. Additionally, the company offers products and systems solutions to military, foreign military sales, homeland security, medical instrumentation, and commercial aviation clients. It markets its systems and products as a prime contractor or subcontractor to various governments and companies. The company was incorporated in 1966 and is based in Haifa, Israel.

Earnings Per Share

As for profitability, Elbit Systems Ltd. has a trailing twelve months EPS of $5.43.

PE Ratio

Elbit Systems Ltd. has a trailing twelve months price to earnings ratio of 37.19. Meaning, the purchaser of the share is investing $37.19 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 8.37%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Oct 15, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 0.99%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 18.5% and 24.8%, respectively.

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