(VIANEWS) – Golden Ocean Group Limited (GOGL), Nordic American Tankers Limited (NAT), FNF Group of Fidelity National Financial (FNF) 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. Golden Ocean Group Limited (GOGL)
43.5% sales growth and 9.83% return on equity
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Golden Ocean Group Limited has a trailing twelve months EPS of $0.93.
PE Ratio
Golden Ocean Group Limited has a trailing twelve months price to earnings ratio of 14.94. Meaning, the purchaser of the share is investing $14.94 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 9.83%.
Yearly Top and Bottom Value
Golden Ocean Group Limited’s stock is valued at $13.89 at 20:22 EST, way under its 52-week high of $15.77 and way higher than its 52-week low of $6.89.
Volume
Today’s last reported volume for Golden Ocean Group Limited is 1202500 which is 25.46% below its average volume of 1613310.
Sales Growth
Golden Ocean Group Limited’s sales growth is negative 7.5% for the ongoing quarter and 43.5% for the next.
2. Nordic American Tankers Limited (NAT)
43.1% sales growth and 12.33% return on equity
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 19 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Nordic American Tankers Limited has a trailing twelve months EPS of $0.32.
PE Ratio
Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 12.41. Meaning, the purchaser of the share is investing $12.41 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 12.33%.
3. FNF Group of Fidelity National Financial (FNF)
18.3% sales growth and 12.08% return on equity
Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty insurance. The company also provides technology and transaction services to the real estate and mortgage industries; and mortgage transaction services, including title-related services and facilitation of production and management of mortgage loans. In addition, it offers annuity and life insurance products, such as deferred annuities that include fixed indexed, fixed rate, and immediate annuities, as well as indexed universal life insurance products. Further, the company engages in the real estate brokerage business. Fidelity National Financial, Inc. was founded in 1847 and is headquartered in Jacksonville, Florida.
Earnings Per Share
As for profitability, FNF Group of Fidelity National Financial has a trailing twelve months EPS of $3.04.
PE Ratio
FNF Group of Fidelity National Financial has a trailing twelve months price to earnings ratio of 16.23. Meaning, the purchaser of the share is investing $16.23 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 12.08%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 3.89%.
4. Universal Display Corporation (OLED)
16.4% sales growth and 15.8% return on equity
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.
Earnings Per Share
As for profitability, Universal Display Corporation has a trailing twelve months EPS of $4.61.
PE Ratio
Universal Display Corporation has a trailing twelve months price to earnings ratio of 45.43. Meaning, the purchaser of the share is investing $45.43 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 15.8%.
Volume
Today’s last reported volume for Universal Display Corporation is 377185 which is 28.81% above its average volume of 292817.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 8.7% and 9.3%, respectively.
Sales Growth
Universal Display Corporation’s sales growth is 23.7% for the present quarter and 16.4% for the next.
Moving Average
Universal Display Corporation’s worth is way above its 50-day moving average of $174.44 and way higher than its 200-day moving average of $169.61.
5. Otter Tail Corporation (OTTR)
9.3% sales growth and 22.17% return on equity
Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. The company's Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator, Inc. markets. This segment generates electricity through coal, wind and hydro, and natural gas. It serves approximately 133,000 residential, industrial, and other commercial customers. Its Manufacturing segment engages in the contract machining, metal parts stamping, fabrication and painting, and production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components, and extruded raw material stock for recreational vehicle, agricultural, construction, lawn and garden, and industrial and energy equipment industries. It also manufactures clamshell packing, blister packs, returnable pallets, and handling trays for shipping and storing odd-shaped or difficult-to-handle parts for customers in the horticulture, medical and life sciences, industrial, recreation, and electronics industries. The company's Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses. This segment markets its products to wholesalers and distributors through independent sales representatives, company salespersons, and customer service representatives. The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.
Earnings Per Share
As for profitability, Otter Tail Corporation has a trailing twelve months EPS of $7.28.
PE Ratio
Otter Tail Corporation has a trailing twelve months price to earnings ratio of 11.85. Meaning, the purchaser of the share is investing $11.85 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 22.17%.
Sales Growth
Otter Tail Corporation’s sales growth is 8.9% for the ongoing quarter and 9.3% for the next.
Yearly Top and Bottom Value
Otter Tail Corporation’s stock is valued at $86.25 at 20:22 EST, way under its 52-week high of $99.49 and way higher than its 52-week low of $68.96.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 1.87 and the estimated forward annual dividend yield is 2.17%.
6. NorthWestern Corporation (NWE)
8.3% sales growth and 7.14% return on equity
NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and various industrial customers. The company operates through three segments: Electric Utility Operations; Natural Gas Utility Operations; and Other. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,597 miles of electric transmission and 18,534 miles of electric distribution lines with approximately 121 transmission and distribution substations; and 2,235 miles of natural gas transmission and 5,099 miles of natural gas distribution lines with approximately 135 city gate stations in Montana. It also operates 1,308 miles of electric transmission and 2,342 miles of electric distribution lines in South Dakota with approximately 121 transmission and distribution substations; and 55 miles of natural gas transmission and 2,545 miles of natural gas distribution lines in South Dakota and Nebraska. The company serves approximately 764,200 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Corporation was incorporated in 1923 and is based in Sioux Falls, South Dakota.
Earnings Per Share
As for profitability, NorthWestern Corporation has a trailing twelve months EPS of $3.23.
PE Ratio
NorthWestern Corporation has a trailing twelve months price to earnings ratio of 15.19. Meaning, the purchaser of the share is investing $15.19 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 7.14%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 2.6 and the estimated forward annual dividend yield is 5.3%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 48.6% and 38.8%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.6%, now sitting on 1.44B for the twelve trailing months.
Sales Growth
NorthWestern Corporation’s sales growth is 9.2% for the present quarter and 8.3% for the next.
7. Automatic Data Processing (ADP)
5.9% sales growth and 88.92% return on equity
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.
Earnings Per Share
As for profitability, Automatic Data Processing has a trailing twelve months EPS of $8.58.
PE Ratio
Automatic Data Processing has a trailing twelve months price to earnings ratio of 28.42. Meaning, the purchaser of the share is investing $28.42 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 88.92%.
Yearly Top and Bottom Value
Automatic Data Processing’s stock is valued at $243.85 at 20:22 EST, below its 52-week high of $256.84 and way above its 52-week low of $205.53.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 9% and 8.7%, respectively.
Moving Average
Automatic Data Processing’s worth is below its 50-day moving average of $244.96 and higher than its 200-day moving average of $240.84.
8. StoneX Group (SNEX)
5.1% sales growth and 17.38% return on equity
StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. Its Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services. The company's Institutional segment provides equity trading services to institutional clients; and originates, structures, and places debt instruments in capital markets worldwide. Its services cover foreign securities, including unlisted American Depository Receipts, Global Depository Receipts, and foreign ordinary shares. This segment also operates as an institutional dealer in fixed income securities to serve asset managers, commercial bank trust and investment departments, broker-dealers, and insurance companies; engages in asset management business; and offers clearing and execution services in futures exchanges, brokerage foreign exchange services for the financial institutions and professional traders, and OTC products. The company's Retail segment provides trading services and solutions in the global financial markets, including spot foreign exchange, precious metals trading, and contracts for differences; and wealth management and investment services, as well as offers physical gold and other precious metals in various forms and denominations through coininvest.com and silver-to-go.com. Its Global Payments segment provides foreign exchange and treasury services to banks and commercial businesses, charities, and non-governmental and government organizations; and payments services. The company was formerly known as INTL FCStone Inc. and changed its name to StoneX Group Inc. in July 2020. StoneX Group Inc. was founded in 1924 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, StoneX Group has a trailing twelve months EPS of $8.25.
PE Ratio
StoneX Group has a trailing twelve months price to earnings ratio of 9.13. Meaning, the purchaser of the share is investing $9.13 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 17.38%.
Volume
Today’s last reported volume for StoneX Group is 394467 which is 188.73% above its average volume of 136620.
