(VIANEWS) – Insulet (PODD), LeMaitre Vascular (LMAT), Middlesex Water Company (MSEX) 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. Insulet (PODD)
23.2% sales growth and 12.88% return on equity
Insulet Corporation develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes. It offers Omnipod System, a self-adhesive disposable tubeless Omnipod device that is worn on the body for up to three days at a time, as well as its wireless companion, the handheld personal diabetes manager. The company sells its products primarily through independent distributors and pharmacy channels, as well as directly in the United States, Canada, Europe, the Middle East, and Australia. Insulet Corporation was incorporated in 2000 and is headquartered in Acton, Massachusetts.
Earnings Per Share
As for profitability, Insulet has a trailing twelve months EPS of $0.92.
PE Ratio
Insulet has a trailing twelve months price to earnings ratio of 174.27. Meaning, the purchaser of the share is investing $174.27 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 12.88%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 600% and 24.5%, respectively.
Volume
Today’s last reported volume for Insulet is 427957 which is 59.9% below its average volume of 1067400.
Sales Growth
Insulet’s sales growth is 32.6% for the present quarter and 23.2% for the next.
Previous days news about Insulet(PODD)
- According to Zacks on Wednesday, 27 September, "We note that DXCM is also partnering with automated insulin delivery makers like Insulet Corporation’s (PODD Quick QuotePODD – Free Report) . ", "Earlier this month, DexCom announced that its G6 CGM system can now connect with the Insulet Corporation’s Omnipod 5 Automated Insulin Delivery (AID) system in Germany. "
- According to Business Insider on Wednesday, 27 September, "Conversely, Dollar General Corp. (NYSE:DG) and Insulet Corporation (NYSE:PODD) are noticeably lagging behind their historical performances, with declines of 27% and 23%, respectively, in comparison to the 50-day average. "
2. LeMaitre Vascular (LMAT)
22.6% sales growth and 9.31% return on equity
LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide. It offers angioscope, a fiberoptic catheter used for viewing the lumen of a blood vessel; embolectomy catheters to remove blood clots from arteries or veins; occlusion catheters that temporarily occlude the blood flow; perfusion catheters to perfuse the blood and other fluids into the vasculature; and thrombectomy catheters, which features a silicone balloon for removing thrombi in the venous system. The company also provides carotid shunts that temporarily shunt the blood to the brain during the removal of plaque from the carotid artery in a carotid endarterectomy surgery; powered phlebectomy devices to remove varicose veins; and radiopaque tape, a medical-grade tape applied to the skin that enables interventionists to cross-refer between the inside and the outside of a patient's body, and allows them to locate tributaries or lesions beneath the skin. In addition, it offers remote endarterectomy devices to remove plaque from arteries in the leg; valvulotomes, which cut valves in the saphenous vein to function as an artery to carry blood past diseased arteries to the lower leg or the foot; and vascular grafts to bypass or replace diseased arteries. Further, the company provides vascular patches, which are used for closure of vessels after surgical intervention; closure systems to attach vessels to one another with titanium clips instead of sutures; and surgical glue. It markets its products through a direct sales force and distributors. The company was formerly known as Vascutech, Inc. and changed its name to LeMaitre Vascular, Inc. in April 2001. LeMaitre Vascular, Inc. was incorporated in 1983 and is headquartered in Burlington, Massachusetts.
Earnings Per Share
As for profitability, LeMaitre Vascular has a trailing twelve months EPS of $1.13.
PE Ratio
LeMaitre Vascular has a trailing twelve months price to earnings ratio of 48.74. Meaning, the purchaser of the share is investing $48.74 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 9.31%.
Volume
Today’s last reported volume for LeMaitre Vascular is 147975 which is 45.65% above its average volume of 101595.
3. Middlesex Water Company (MSEX)
12.8% sales growth and 9.29% return on equity
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
Earnings Per Share
As for profitability, Middlesex Water Company has a trailing twelve months EPS of $2.09.
PE Ratio
Middlesex Water Company has a trailing twelve months price to earnings ratio of 31.7. Meaning, the purchaser of the share is investing $31.7 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 9.29%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Middlesex Water Company’s EBITDA is 9.33.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 9, 2023, the estimated forward annual dividend rate is 1.25 and the estimated forward annual dividend yield is 1.86%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 6.2% and 27.5%, respectively.
4. Albemarle (ALB)
10.8% sales growth and 49.38% return on equity
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based products used in fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, disinfectants, and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Albemarle has a trailing twelve months EPS of $33.26.
PE Ratio
Albemarle has a trailing twelve months price to earnings ratio of 5.17. Meaning, the purchaser of the share is investing $5.17 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 49.38%.
Sales Growth
Albemarle’s sales growth is 15.4% for the ongoing quarter and 10.8% for the next.
Previous days news about Albemarle(ALB)
- Albemarle (alb)-caterpillar join forces for sustainable mining. According to Zacks on Thursday, 28 September, "Shares of Albemarle have lost 38.7% in the past year against an 8.7% rise of theindustry.", "The partnership between Albemarle and Caterpillar exemplifies Albemarle’s unwavering commitment to pioneering innovative solutions that positively impact our planet. "
5. Kirby Corporation (KEX)
8.1% sales growth and 5.78% return on equity
Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation services and towing vessels transporting bulk liquid products, as well as operates tank barges throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii. This segment also transports petrochemicals, black oil, refined petroleum products, and agricultural chemicals by tank barges; and operates offshore dry-bulk barge and tugboat units that are engaged in the offshore transportation of dry-bulk cargoes in the United States coastal trade. As of December 31, 2019, this segment owned and operated 1,053 inland tank barges with 23.4 million barrels of capacity, 299 inland towboats, 49 coastal tank barges with 4.7 million barrels of capacity, 47 coastal tugboats, 4 offshore dry-bulk cargo barges, 4 offshore tugboats, and 1 docking tugboat. The company's Distribution and Services segment sells replacement parts; provides service mechanics to overhaul and repair engines, transmissions, reduction gears, and related oilfield services equipment; rebuilds component parts or diesel engines, transmissions and reduction gears, and related equipment used in oilfield services, marine, power generation, on-highway, and other industrial applications; rents industrial compressors, railcar movers, and high capacity lift trucks; and manufactures and remanufactures oilfield service equipment, including pressure pumping units. It serves oilfield service, on-highway transportation, marine transportation, commercial fishing, construction, and power generation companies, as well as oil and gas operators and producers, and the United States government. The company was formerly known as Kirby Exploration Company, Inc. and changed its name to Kirby Corporation in 1990. Kirby Corporation was founded in 1921 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Kirby Corporation has a trailing twelve months EPS of $2.9.
PE Ratio
Kirby Corporation has a trailing twelve months price to earnings ratio of 28.74. Meaning, the purchaser of the share is investing $28.74 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 5.78%.
Sales Growth
Kirby Corporation’s sales growth is 6.3% for the present quarter and 8.1% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Kirby Corporation’s EBITDA is 2.04.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 56.9% and 72.6%, respectively.
