(VIANEWS) – Liberty Media Corporation (FWONK), Itau Unibanco (ITUB), Tetra Technologies (TTI) 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. Liberty Media Corporation (FWONK)
66.6% sales growth and 7.03% return on equity
Formula One Group engages in the motorsports business. It holds commercial rights for the world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.
Earnings Per Share
As for profitability, Liberty Media Corporation has a trailing twelve months EPS of $1.86.
PE Ratio
Liberty Media Corporation has a trailing twelve months price to earnings ratio of 35.98. Meaning, the purchaser of the share is investing $35.98 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 7.03%.
Volume
Today’s last reported volume for Liberty Media Corporation is 2262710 which is 153.22% above its average volume of 893565.
Sales Growth
Liberty Media Corporation’s sales growth is 26% for the current quarter and 66.6% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.7%, now sitting on 2.57B for the twelve trailing months.
2. Itau Unibanco (ITUB)
23% sales growth and 18.3% return on equity
Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides property and casualty insurance products covering loss, damage, or liabilities for assets or persons, as well as life insurance products covering death and personal accident. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies, as well as middle-market companies and high net worth clients. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. operates as a subsidiary of IUPAR – Itaú Unibanco Participações S.A.
Earnings Per Share
As for profitability, Itau Unibanco has a trailing twelve months EPS of $0.66.
PE Ratio
Itau Unibanco has a trailing twelve months price to earnings ratio of 8.2. Meaning, the purchaser of the share is investing $8.2 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 18.3%.
Volume
Today’s last reported volume for Itau Unibanco is 5455140 which is 69.41% below its average volume of 17838700.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.5%, now sitting on 118.94B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 2, 2023, the estimated forward annual dividend rate is 0.29 and the estimated forward annual dividend yield is 5.23%.
3. Tetra Technologies (TTI)
11.2% sales growth and 18.43% return on equity
TETRA Technologies, Inc., together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa. This segment also markets liquid and dry calcium chloride products; and TETRA PureFlow ultra-pure zinc bromide to battery technology companies. The Water & Flowback Services segment provides water management services for onshore oil and gas operators. This segment also offers frac flowback, production well testing, and other associated services in oil and gas producing regions in the United States and Mexico, as well as in various basins in Latin America, Africa, Europe, and the Middle East. The company was incorporated in 1981 and is headquartered in The Woodlands, Texas.
Earnings Per Share
As for profitability, Tetra Technologies has a trailing twelve months EPS of $0.18.
PE Ratio
Tetra Technologies has a trailing twelve months price to earnings ratio of 34.28. Meaning, the purchaser of the share is investing $34.28 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 18.43%.
Moving Average
Tetra Technologies’s value is way higher than its 50-day moving average of $5.27 and way above its 200-day moving average of $3.75.
Yearly Top and Bottom Value
Tetra Technologies’s stock is valued at $6.17 at 01:22 EST, under its 52-week high of $6.54 and way higher than its 52-week low of $2.43.
Sales Growth
Tetra Technologies’s sales growth is 16.8% for the current quarter and 11.2% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 300% and 300%, respectively.
4. RenaissanceRe Hold (RNR)
9.5% sales growth and 6.21% return on equity
RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. The company distributes its products and services primarily through intermediaries. It also invests in and manages funds. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.
Earnings Per Share
As for profitability, RenaissanceRe Hold has a trailing twelve months EPS of $7.85.
PE Ratio
RenaissanceRe Hold has a trailing twelve months price to earnings ratio of 25.77. Meaning, the purchaser of the share is investing $25.77 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 6.21%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 1.52 and the estimated forward annual dividend yield is 0.75%.
Volume
Today’s last reported volume for RenaissanceRe Hold is 78796 which is 80.54% below its average volume of 405044.
5. Allegheny Technologies Incorporated (ATI)
6.8% sales growth and 26.95% return on equity
Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. The company operates in two segments, High Performance Materials & Components and Advanced Alloys & Solutions. The company produces high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium; powder alloys; and other specialty materials in long product forms of ingots, billets, bars, rods, wires, and shapes and rectangles, as well as seamless tubes, plus precision forgings, castings, components, and machined parts to the aerospace and defense, medical, oil and gas, and electrical energy markets. It also provides stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various product forms, including plate, sheet, and precision rolled strip products to various markets, such as chemical and hydrocarbon processing,. Allegheny Technologies Incorporated was founded in 1960 and is based in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, Allegheny Technologies Incorporated has a trailing twelve months EPS of $2.02.
PE Ratio
Allegheny Technologies Incorporated has a trailing twelve months price to earnings ratio of 21.19. Meaning, the purchaser of the share is investing $21.19 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 26.95%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9%, now sitting on 4.13B for the twelve trailing months.
Yearly Top and Bottom Value
Allegheny Technologies Incorporated’s stock is valued at $42.81 at 01:22 EST, way under its 52-week high of $47.92 and way higher than its 52-week low of $25.39.
