Hess Corporation And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Hess Corporation (HES), iRadimed Corporation (IRMD), Williams Companies (WMB) 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. Hess Corporation (HES)

27.1% sales growth and 19.21% return on equity

Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. The company was incorporated in 1920 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Hess Corporation has a trailing twelve months EPS of $4.49.

PE Ratio

Hess Corporation has a trailing twelve months price to earnings ratio of 34.12. Meaning, the purchaser of the share is investing $34.12 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 19.21%.

Volume

Today’s last reported volume for Hess Corporation is 1995430 which is 26.84% below its average volume of 2727710.

Moving Average

Hess Corporation’s value is higher than its 50-day moving average of $143.96 and above its 200-day moving average of $145.38.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Hess Corporation’s EBITDA is 4.99.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.5%, now sitting on 10.3B for the twelve trailing months.

Previous days news about Hess Corporation(HES)

  • According to Zacks on Thursday, 25 April, "The drillship Deepwater Asgard has prolonged its stay with Hess Corporation in the U.S. Gulf of Mexico. ", "Some better-ranked stocks in the energy sector are SM Energy (SM Quick QuoteSM – Free Report) , Hess Corporation (HES Quick QuoteHES – Free Report) and Sunoco LP (SUN Quick QuoteSUN – Free Report) . "

2. iRadimed Corporation (IRMD)

11.1% sales growth and 23.7% return on equity

IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical support representatives, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.

Earnings Per Share

As for profitability, iRadimed Corporation has a trailing twelve months EPS of $1.35.

PE Ratio

iRadimed Corporation has a trailing twelve months price to earnings ratio of 30.89. Meaning, the purchaser of the share is investing $30.89 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 23.7%.

3. Williams Companies (WMB)

5.3% sales growth and 23.5% return on equity

The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment consists of gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, the Mid-Continent region that includes the Anadarko and Permian basins, and the DJ Basin of Colorado; and operates natural gas liquid (NGL) fractionation and storage facilities in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; asset management services; and transports and markets NGLs. The company owns and operates 33,000 miles of pipelines. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, Williams Companies has a trailing twelve months EPS of $2.68.

PE Ratio

Williams Companies has a trailing twelve months price to earnings ratio of 14.21. Meaning, the purchaser of the share is investing $14.21 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 23.5%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 7, 2024, the estimated forward annual dividend rate is 1.9 and the estimated forward annual dividend yield is 4.93%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 12.5%, now sitting on 9.95B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 36.8% and positive 7.9% for the next.

Volume

Today’s last reported volume for Williams Companies is 6425370 which is 9.46% below its average volume of 7097480.

4. Trex Company (TREX)

5.2% sales growth and 33.26% return on equity

Trex Company, Inc. manufactures and distributes composite decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. The company operates in two segments, Trex Residential and Trex Commercial. It offers decking products under the names Trex Transcend, Trex Select, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps. The company also provides Trex Transcend Railing products that are used in Trex decking products and other decking materials; Trex Select Railing products for a simple clean finished look; Trex Enhance Railing system; and Trex Signature aluminum railing for a contemporary look. In addition, it offers Trex Seclusions, a fencing product that includes structural posts, bottom and top rails, pickets, and decorative post caps. In addition, it designs, engineers, and markets architectural and aluminum railing systems, and staging equipment and accessories for the commercial market, as well as sports stadiums and performing arts venues. Further, the company acts as a licensor in various licensing agreements with third parties to manufacture and sell products under the Trex name, including Trex Outdoor Furniture; Trex RainEscape, an above joist deck drainage system; Trex Pergola, a cellular PVC product; Trex Latticeworks outdoor lattice boards; Trex Cornhole boards; Diablo Trex Blade, a saw blade for wood-alternative composite decking; Trex SpiralStairs and structural steel posts; and Trex Outdoor Kitchens, Cabinetry, and Storage products. It sells its products through wholesale distributors, retail lumber dealers, and Home Depot and Lowe's stores, as well as through its direct sales staff, independent sales representatives, and bidding on projects. Trex Company, Inc. was founded in 1996 and is headquartered in Winchester, Virginia.

Earnings Per Share

As for profitability, Trex Company has a trailing twelve months EPS of $1.89.

PE Ratio

Trex Company has a trailing twelve months price to earnings ratio of 47.31. Meaning, the purchaser of the share is investing $47.31 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 33.26%.

Yearly Top and Bottom Value

Trex Company’s stock is valued at $89.41 at 20:22 EST, way under its 52-week high of $101.91 and way above its 52-week low of $51.03.

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