(VIANEWS) – Iamgold Corporation Ordinary Shares (IAG), Progressive Corporation (PGR), Gilat Satellite Networks Ltd. (GILT) 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. Iamgold Corporation Ordinary Shares (IAG)
69.7% sales growth and 4.36% return on equity
IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America, South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South America; the Essakane mine situated in Burkina Faso and Boto gold project located in Senegal, West Africa; and Westwood mine, covers an area of 1,925 hectare and located in Quebec and the Côté gold project, which covers an area of 586 square kilometer located in Ontario, Canada. Its exploration and development projects include the Pitangui project in Brazil; the Karita project located in Guinea; the Diakha-Siribaya project situated in Mali; and the Nelligan and Monster Lake projects located in Quebec, Canada. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Iamgold Corporation Ordinary Shares has a trailing twelve months EPS of $0.18.
PE Ratio
Iamgold Corporation Ordinary Shares has a trailing twelve months price to earnings ratio of 19.39. Meaning, the purchaser of the share is investing $19.39 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 4.36%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 43.6%, now sitting on 987.1M for the twelve trailing months.
Volume
Today’s last reported volume for Iamgold Corporation Ordinary Shares is 12202700 which is 30.61% above its average volume of 9342440.
2. Progressive Corporation (PGR)
18.2% sales growth and 29.92% return on equity
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, and pick-up trucks used by small businesses, as well as non-fleet taxis, black-car services, and airport taxis; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks used by light contractors and heavy constructions; log trucks and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance. The company offers policy issuance and claims adjusting services; acts as an agent to homeowners, general liability, workers' compensation insurance, and other products; and reinsurance services. It sells its products through independent insurance agencies, as well as through mobile applications and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.
Earnings Per Share
As for profitability, Progressive Corporation has a trailing twelve months EPS of $6.57.
PE Ratio
Progressive Corporation has a trailing twelve months price to earnings ratio of 31.04. Meaning, the purchaser of the share is investing $31.04 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 29.92%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 3, 2024, the estimated forward annual dividend rate is 1.15 and the estimated forward annual dividend yield is 0.55%.
3. Gilat Satellite Networks Ltd. (GILT)
15.3% sales growth and 9.06% 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 $0.41.
PE Ratio
Gilat Satellite Networks Ltd. has a trailing twelve months price to earnings ratio of 12.54. Meaning, the purchaser of the share is investing $12.54 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 9.06%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.1%, now sitting on 266.09M for the twelve trailing months.
4. Crescent Point Energy Corporation Ordinary Shares (CPG)
10.6% sales growth and 11.97% return on equity
Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil and natural gas reserves in Western Canada and the United States. The company's crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota and Montana. Crescent Point Energy Corp. was incorporated in 1994 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Crescent Point Energy Corporation Ordinary Shares has a trailing twelve months EPS of $1.06.
PE Ratio
Crescent Point Energy Corporation Ordinary Shares has a trailing twelve months price to earnings ratio of 8.3. Meaning, the purchaser of the share is investing $8.3 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 11.97%.
Volume
Today’s last reported volume for Crescent Point Energy Corporation Ordinary Shares is 3485240 which is 41.33% below its average volume of 5941010.
Yearly Top and Bottom Value
Crescent Point Energy Corporation Ordinary Shares’s stock is valued at $8.80 at 11:22 EST, under its 52-week high of $9.28 and way above its 52-week low of $6.03.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.8%, now sitting on 3.19B for the twelve trailing months.
5. CoreSite Realty Corporation (COR)
9.9% sales growth and 213.15% return on equity
CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center, cloud access and interconnection solutions to a growing customer ecosystem across eight key North American markets. More than 1,375 of the world's leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. Our scalable, flexible solutions and 460+ dedicated employees consistently deliver unmatched data center options — all of which leads to a best-in-class customer experience and lasting relationships.
Earnings Per Share
As for profitability, CoreSite Realty Corporation has a trailing twelve months EPS of $9.14.
PE Ratio
CoreSite Realty Corporation has a trailing twelve months price to earnings ratio of 24.52. Meaning, the purchaser of the share is investing $24.52 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 213.15%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 9.9% and 11.5%, respectively.
Moving Average
CoreSite Realty Corporation’s worth is below its 50-day moving average of $237.20 and above its 200-day moving average of $208.62.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 9, 2024, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 0.91%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.8%, now sitting on 276.54B for the twelve trailing months.
6. Ritchie Bros. Auctioneers Incorporated (RBA)
6.6% sales growth and 6.06% return on equity
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.
Earnings Per Share
As for profitability, Ritchie Bros. Auctioneers Incorporated has a trailing twelve months EPS of $1.04.
PE Ratio
Ritchie Bros. Auctioneers Incorporated has a trailing twelve months price to earnings ratio of 70.55. Meaning, the purchaser of the share is investing $70.55 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 6.06%.
7. Principal Financial Group (PFG)
6.4% sales growth and 12.08% return on equity
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, registered index-linked annuities, and bank products, as well as trust and custody services. The Principal Asset Management segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. It also offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, Asia, China, Hong Kong Special Administrative Region, and Southeast Asia. The Benefits and Protection segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as employees. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
Earnings Per Share
As for profitability, Principal Financial Group has a trailing twelve months EPS of $2.55.
PE Ratio
Principal Financial Group has a trailing twelve months price to earnings ratio of 31.3. Meaning, the purchaser of the share is investing $31.3 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
As maintained by Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 2.84 and the estimated forward annual dividend yield is 3.5%.
Volume
Today’s last reported volume for Principal Financial Group is 955794 which is 19.01% below its average volume of 1180160.
Moving Average
Principal Financial Group’s value is under its 50-day moving average of $81.66 and above its 200-day moving average of $77.22.
Yearly Top and Bottom Value
Principal Financial Group’s stock is valued at $79.82 at 11:22 EST, below its 52-week high of $86.79 and way above its 52-week low of $65.17.
8. iQIYI (IQ)
6.3% sales growth and 21.08% return on equity
iQIYI, Inc., together with its subsidiaries, provides online entertainment services under the iQIYI brand in the People's Republic of China. The company offers various products and services comprising internet video, online games, live broadcasting, online literature, animations, e-commerce, and social media platform. It operates a platform that provides a collection of internet video content, including professionally-produced content licensed from professional content providers and self-produced content. The company also provides membership, content distribution, and online advertising services. In addition, it operates iQIYI Mall, an e-commerce platform that focuses on entertainment-related merchandise, such as VR glasses, as well as sells electronics, apparel and accessories, and beauty and skincare products; iQIYI Show, a live broadcasting service that enables users to follow their favorite hosts, celebrities, and shows in real time through live broadcasting; and iQIYI Paopao, a social platform. Further, it is involved in the talent agency and IP licensing activities, as well as in developing Suike, a video community app. The company was formerly known as Qiyi.com, Inc. and changed its name to iQIYI, Inc. in November 2017. iQIYI, Inc. was incorporated in 2009 and is headquartered in Beijing, China. iQIYI, Inc. is a subsidiary of Baidu Holdings Limited.
Earnings Per Share
As for profitability, iQIYI has a trailing twelve months EPS of $0.27.
PE Ratio
iQIYI has a trailing twelve months price to earnings ratio of 18.81. Meaning, the purchaser of the share is investing $18.81 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 21.08%.
Moving Average
iQIYI’s value is way higher than its 50-day moving average of $4.18 and way above its 200-day moving average of $4.55.
Sales Growth
iQIYI’s sales growth is negative 7.4% for the current quarter and 6.3% for the next.
Yearly Top and Bottom Value
iQIYI’s stock is valued at $5.08 at 11:22 EST, way under its 52-week high of $6.47 and way higher than its 52-week low of $3.06.
Volume
Today’s last reported volume for iQIYI is 11890500 which is 51.45% above its average volume of 7850610.
