(VIANEWS) – Insulet (PODD), Selective Insurance Group (SIGI), Perion Network Ltd (PERI) 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)
23.6% sales growth and 23.18% 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 $1.72.
PE Ratio
Insulet has a trailing twelve months price to earnings ratio of 112.83. Meaning, the purchaser of the share is investing $112.83 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 23.18%.
Volume
Today’s last reported volume for Insulet is 223092 which is 84.19% below its average volume of 1411150.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 34.7% and 91.3%, respectively.
Moving Average
Insulet’s worth is way higher than its 50-day moving average of $156.80 and way under its 200-day moving average of $245.65.
Yearly Top and Bottom Value
Insulet’s stock is valued at $194.06 at 09:22 EST, way under its 52-week high of $335.91 and way above its 52-week low of $125.82.
Previous days news about Insulet(PODD)
- According to Zacks on Wednesday, 6 December, "Some better-ranked stocks in the broader medical space are Haemonetics (HAE Quick QuoteHAE – Free Report) , DexCom (DXCM Quick QuoteDXCM – Free Report) and Insulet (PODD Quick QuotePODD – Free Report) . ", "Haemonetics and DexCom each presently carry a Zacks Rank #2 (Buy), and Insulet sports a Zacks Rank #1 (Strong Buy). "
- According to Zacks on Tuesday, 5 December, "Some better-ranked stocks in the broader medical space are Haemonetics (HAE Quick QuoteHAE – Free Report) , DexCom (DXCM Quick QuoteDXCM – Free Report) and Insulet (PODD Quick QuotePODD – Free Report) . ", "Haemonetics and DexCom each presently carry a Zacks Rank #2 (Buy), and Insulet sports a Zacks Rank #1 (Strong Buy). "
- According to Zacks on Tuesday, 5 December, "Some better-ranked stocks in the broader medical space are Haemonetics (HAE Quick QuoteHAE – Free Report) , DexCom (DXCM Quick QuoteDXCM – Free Report) and Insulet (PODD Quick QuotePODD – Free Report) . ", "Haemonetics and DexCom each presently carry a Zacks Rank #2 (Buy), and Insulet sports a Zacks Rank #1 (Strong Buy). "
- The zacks analyst blog highlights NVIDIA, vertiv holdings, copart, insulet and constellation energy. According to Zacks on Tuesday, 5 December, "Stocks recently featured in the blog include: NVIDIA Corp. (NVDA Quick QuoteNVDA – Free Report) , Vertiv Holdings Co. (VRT Quick QuoteVRT – Free Report) , Copart Inc. (CPRT Quick QuoteCPRT – Free Report) , Insulet Corp. (PODD Quick QuotePODD – Free Report) and Constellation Energy Corp. (CEG Quick QuoteCEG – Free Report) .", "Further, Insulet registered continued strong adoption of Omnipod DASH in its international markets. "
- According to Zacks on Monday, 4 December, "Further, Insulet registered continued strong adoption of Omnipod DASH in its international markets. "
2. Selective Insurance Group (SIGI)
13.1% sales growth and 12.89% return on equity
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, as well as equity securities and alternative investment portfolio. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
Earnings Per Share
As for profitability, Selective Insurance Group has a trailing twelve months EPS of $5.21.
PE Ratio
Selective Insurance Group has a trailing twelve months price to earnings ratio of 19.72. Meaning, the purchaser of the share is investing $19.72 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 12.89%.
Sales Growth
Selective Insurance Group’s sales growth is 12.5% for the ongoing quarter and 13.1% for the next.
Volume
Today’s last reported volume for Selective Insurance Group is 211686 which is 14.15% below its average volume of 246592.
Yearly Top and Bottom Value
Selective Insurance Group’s stock is valued at $102.75 at 09:22 EST, under its 52-week high of $108.18 and way above its 52-week low of $84.47.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 13, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 1.36%.
3. Perion Network Ltd (PERI)
12.3% sales growth and 19.25% return on equity
Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. It provides Wildfire, a content monetization platform; search monetization solutions, including website monetization, search mediation, and app monetization; and cross-channel digital advertising software as a service platform. The company also offers supply management platform; demand management platform for campaign planning and design; analytics platform, which provides information and performance insights on the results of campaign investment and other campaign metrics; creative platform to create advertisements; and an AI platform that uses machine learning to bring intelligence to the various phases of campaigns. In addition, it provides an actionable performance monitoring platform to support the various phases of campaign management; an online video player and integrated ad server to upload, manage, and stream video content; content monetization system, which integrates ads within the content layouts at the page level. Further, the company offers a publisher management system that provides analytics and performance optimization tools, as well as reports; search-demand management systems; monetization products that integrate and onboards demand vendors; and AI Systems. Additionally, it provides Intelligent HUB (iHUB), a platform for pulling in signals across various advertising channels and optimizing traffic at scale, and yielding engagement metrics and KPIs; and strategic optimization of relevant traits (SORT), a provisional patent technology that eliminates the need for cookies. The company was formerly known as IncrediMail Ltd. and changed its name to Perion Network Ltd. in November 2011. Perion Network Ltd. was incorporated in 1999 and is headquartered in Holon, Israel.
Earnings Per Share
As for profitability, Perion Network Ltd has a trailing twelve months EPS of $2.36.
PE Ratio
Perion Network Ltd has a trailing twelve months price to earnings ratio of 12.25. Meaning, the purchaser of the share is investing $12.25 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 19.25%.
Moving Average
Perion Network Ltd’s value is above its 50-day moving average of $28.35 and way below its 200-day moving average of $32.96.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.8%, now sitting on 718.6M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 2.5% and 6.3%, respectively.
Volume
Today’s last reported volume for Perion Network Ltd is 300625 which is 36.29% below its average volume of 471885.
4. Copart (CPRT)
9.5% sales growth and 23.46% return on equity
Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. It offers a range of services for processing and selling vehicles over the internet through its virtual bidding third generation internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and procurement, loan payoff, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services. Its services also comprise services to sell vehicles through CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie; Copart Recycling service, which allows the public to purchase parts from salvaged and end-of-life vehicles; copart 360, an online technology for posting vehicle images that captures clear 360-degree views of interiors and exteriors of cars, trucks, and vans; membership tiers for those registering to buy vehicles through Copart.com; and virtual queue to secure a place in line while visiting one of its locations. In addition, it provides non-salvage powersport vehicle remarketing services through live and online auction platforms. The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public. Copart, Inc. was incorporated in 1982 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Copart has a trailing twelve months EPS of $1.37.
PE Ratio
Copart has a trailing twelve months price to earnings ratio of 34.53. Meaning, the purchaser of the share is investing $34.53 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 23.46%.
Previous days news about Copart(CPRT)
- According to Zacks on Monday, 4 December, "Expansion initiatives, along with a digital ramp-up, will aid Copart in a fast pickup across the country."
- The zacks analyst blog highlights copart, pinterest, arista networks, crowdstrike and Lyft. According to Zacks on Monday, 4 December, "Stocks recently featured in the blog include: Copart (CPRT Quick QuoteCPRT – Free Report) , Pinterest (PINS Quick QuotePINS – Free Report) , Arista Networks (ANET Quick QuoteANET – Free Report) , CrowdStrike (CRWD Quick QuoteCRWD – Free Report) and Lyft (LYFT Quick QuoteLYFT – Free Report) ."
- According to Zacks on Tuesday, 5 December, "Expansion initiatives, along with a digital ramp-up, will aid Copart in a fast pickup across the country."
- The zacks analyst blog highlights NVIDIA, vertiv holdings, copart, insulet and constellation energy. According to Zacks on Tuesday, 5 December, "Stocks recently featured in the blog include: NVIDIA Corp. (NVDA Quick QuoteNVDA – Free Report) , Vertiv Holdings Co. (VRT Quick QuoteVRT – Free Report) , Copart Inc. (CPRT Quick QuoteCPRT – Free Report) , Insulet Corp. (PODD Quick QuotePODD – Free Report) and Constellation Energy Corp. (CEG Quick QuoteCEG – Free Report) .", "Expansion initiatives, along with a digital ramp-up, will aid Copart in a fast pickup across the country."
5. Cadence Design Systems (CDNS)
6.1% sales growth and 32.9% return on equity
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Cadence Design Systems has a trailing twelve months EPS of $3.51.
PE Ratio
Cadence Design Systems has a trailing twelve months price to earnings ratio of 73.71. Meaning, the purchaser of the share is investing $73.71 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 32.9%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Cadence Design Systems’s EBITDA is 18.68.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 38.5% and 6.2%, respectively.
Moving Average
Cadence Design Systems’s value is higher than its 50-day moving average of $249.87 and way higher than its 200-day moving average of $227.69.
Sales Growth
Cadence Design Systems’s sales growth is 17.9% for the present quarter and 6.1% for the next.
Previous days news about Cadence Design Systems(CDNS)
- According to Zacks on Tuesday, 5 December, "Some better-ranked stocks worth consideration in the broader technology space are Cadence Design Systems (CDNS Quick QuoteCDNS – Free Report) , Synopsys (SNPS Quick QuoteSNPS – Free Report) and Watts Water Technologies (WTS Quick QuoteWTS – Free Report) , each carrying a Zacks Rank #2 (Buy). "
- According to Zacks on Wednesday, 6 December, "Some better-ranked stocks for investors interested in the broader technology space are Cadence Design Systems (CDNS Quick QuoteCDNS – Free Report) , Adobe (ADBE Quick QuoteADBE – Free Report) and Watts Water Technologies (WTS Quick QuoteWTS – Free Report) , each carrying a Zacks Rank #2 (Buy) at present. "
6. WNS (WNS)
5.9% sales growth and 21.16% return on equity
WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; Hi-tech and professional services; and banking and financial services. In addition, the company provides a range of services, such as finance and accounting, customer experience, research and analytics, technology, legal, and human resources outsourcing services. Further, it offers transformation services designed to allow its clients to enhance productivity, manage changes in the business environment, and leverage business knowledge to increase market competitiveness. Additionally, the company provides claims handling and repair management services for automobile repairs through a network of third-party repair centers; and a suite of accident management services comprising credit hire and repair. WNS (Holdings) Limited was founded in 1996 and is based in Mumbai, India.
Earnings Per Share
As for profitability, WNS has a trailing twelve months EPS of $3.11.
PE Ratio
WNS has a trailing twelve months price to earnings ratio of 18.91. Meaning, the purchaser of the share is investing $18.91 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 21.16%.
Sales Growth
WNS’s sales growth for the next quarter is 5.9%.
Volume
Today’s last reported volume for WNS is 308032 which is 8.71% above its average volume of 283327.
