Live Nation Entertainment And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Live Nation Entertainment (LYV), Royal Caribbean Cruises (RCL), Martin Marietta Materials (MLM) 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. Live Nation Entertainment (LYV)

45.3% sales growth and 55.49% return on equity

Live Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues; operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients for tickets and event information through its primary websites livenation.com and ticketmaster.com, as well as through other websites, mobile apps, retail outlets, and call centers; and provides ticket resale services. This segment sells tickets for its events and third-party clients in various live event categories; offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage and promotional programs; rich media offering that comprise advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. It owns, operates, or leases entertainment venues in North America and internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.

Earnings Per Share

As for profitability, Live Nation Entertainment has a trailing twelve months EPS of $1.5.

PE Ratio

Live Nation Entertainment has a trailing twelve months price to earnings ratio of 56.63. Meaning, the purchaser of the share is investing $56.63 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 55.49%.

Previous days news about Live Nation Entertainment(LYV)

  • According to Zacks on Thursday, 7 December, "Zacks Rank #1 Live Nation Entertainment has an expected revenue and earnings growth rate of 28.6% and more than 100%, respectively, for the current year. "

2. Royal Caribbean Cruises (RCL)

18.6% sales growth and 23.71% return on equity

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 13, 2023, it operated 64 ships. The company was founded in 1968 and is headquartered in Miami, Florida.

Earnings Per Share

As for profitability, Royal Caribbean Cruises has a trailing twelve months EPS of $3.27.

PE Ratio

Royal Caribbean Cruises has a trailing twelve months price to earnings ratio of 36.72. Meaning, the purchaser of the share is investing $36.72 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 23.71%.

Moving Average

Royal Caribbean Cruises’s value is way above its 50-day moving average of $92.82 and way higher than its 200-day moving average of $86.75.

Yearly Top and Bottom Value

Royal Caribbean Cruises’s stock is valued at $120.08 at 14:22 EST, higher than its 52-week high of $112.95.

Previous days news about Royal Caribbean Cruises(RCL)

  • According to Zacks on Thursday, 7 December, "Zacks Rank #1 Royal Caribbean Cruises has an expected revenue and earnings growth rate of 57.7% and more than 100%, respectively, for the current year. "

3. Martin Marietta Materials (MLM)

17.6% sales growth and 14.93% return on equity

Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials, Inc. was founded in 1939 and is headquartered in Raleigh, North Carolina.

Earnings Per Share

As for profitability, Martin Marietta Materials has a trailing twelve months EPS of $17.68.

PE Ratio

Martin Marietta Materials has a trailing twelve months price to earnings ratio of 26.35. Meaning, the purchaser of the share is investing $26.35 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 14.93%.

Previous days news about Martin Marietta Materials(MLM)

  • According to Zacks on Thursday, 7 December, "Most of the fund’s exposure was in companies like Marvell Technologies (2.2%), Martin Marietta Materials (2.1%) and Steel Dynamics (1.9%) as of Aug 31, 2023."

4. Inter Parfums (IPAR)

9% sales growth and 24.45% return on equity

Inter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. The company operates in two segments, European Based Operations and United States Based Operations. It offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade New York, Lanvin, Montblanc, Paul Smith, Repetto, Rochas, S.T. Dupont, Van Cleef & Arpels, Abercrombie & Fitch, Anna Sui, bebe, Dunhill, Hollister, French Connection, Graff, GUESS, Lily Aldridge, MCM, Bella Vita, and Oscar de la Renta brand names, as well as under the Intimate and Aziza names. It sells its products to department stores, specialty stores, duty free shops, beauty retailers, and domestic and international wholesalers, and distributors, as well as through e-commerce. The company was formerly known as Jean Philippe Fragrances, Inc. and changed its name to Inter Parfums, Inc. in July 1999. Inter Parfums, Inc. was founded in 1982 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Inter Parfums has a trailing twelve months EPS of $4.94.

PE Ratio

Inter Parfums has a trailing twelve months price to earnings ratio of 26.67. Meaning, the purchaser of the share is investing $26.67 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 24.45%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 31.2%, now sitting on 1.3B for the twelve trailing months.

Previous days news about Inter Parfums(IPAR)

  • Product launches aid inter parfums (ipar), high costs ail. According to Zacks on Thursday, 7 December, "In October 2021, Inter Parfums finalized the agreement with Salvatore Ferragamo S.p."

5. Visteon Corporation (VC)

6.3% sales growth and 23.03% return on equity

Visteon Corporation engineers, designs, and manufactures cockpit electronics and connected car solutions for vehicle manufacturers worldwide. The company provides instrument clusters, including standard analog gauge clusters to high-resolution, all-digital, fully reconfigurable, 2-D, and 3-D display-based devices; information displays that integrate a range of user interface technologies and graphics management capabilities; and audio and infotainment systems that allows vehicle occupants to connect their mobile devices to the system and safely access phone functions, listen to music, stream media, and enable mobile connectivity applications. It also offers infotainment solutions, including Phoenix display audio and embedded infotainment platform; telematics control unit to enable secure connected car services, software updates, and data; SmartCore, an automotive-grade, integrated domain controller to enhance efficiency, and reduce power consumption and cost; and head-up displays (HUD), such as combiner HUD and windshield HUD that present critical information to the driver. Visteon Corporation was founded in 2000 and is headquartered in Van Buren, Michigan.

Earnings Per Share

As for profitability, Visteon Corporation has a trailing twelve months EPS of $5.39.

PE Ratio

Visteon Corporation has a trailing twelve months price to earnings ratio of 22.49. Meaning, the purchaser of the share is investing $22.49 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 23.03%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Visteon Corporation’s EBITDA is 0.83.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 55.3% and 48%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.2%, now sitting on 4.03B for the twelve trailing months.

Volume

Today’s last reported volume for Visteon Corporation is 385123 which is 23.5% above its average volume of 311834.

6. Beacon Roofing Supply (BECN)

5.5% sales growth and 20.76% return on equity

Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers. It offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment. The company also provides above grade and below grade membranes and coatings, deck and floor coatings, plaza deck waterproofing products, damp proofing coatings, and air and vapor barriers; tools and equipment, including power and hand tools, ladders and scaffolding, air tools and compressors, nails, screws and fasteners, generators, work wear and safety gear, job site supplies, tool bags and belts, welding and soldering, cleaning supplies, drill bits, and saw blades; and solar panels, mounting hardware, inverters, and storage and batteries. As of December 21, 2022, it operated approximately 470 branches in 50 states of the United States and 6 provinces in Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.

Earnings Per Share

As for profitability, Beacon Roofing Supply has a trailing twelve months EPS of $-1.03.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.76%.

Previous days news about Beacon Roofing Supply(BECN)

  • According to Zacks on Thursday, 7 December, "Thus, with things looking up for the stock market shortly amid a Fed rate hike pause and encouraging seasonal trends, investing in sound growth stocks like Beacon Roofing Supply (BECN Quick QuoteBECN – Free Report) , TopBuild (BLD Quick QuoteBLD – Free Report) , Journey Medical (DERM Quick QuoteDERM – Free Report) , and Shift4 Payments (FOUR Quick QuoteFOUR – Free Report) seems prudent."
  • The zacks analyst blog highlights beacon roofing supply, topbuild, journey medical, and shift4. According to Zacks on Friday, 8 December, "Stocks recently featured in the blog include: Beacon Roofing Supply (BECN Quick QuoteBECN – Free Report) , TopBuild (BLD Quick QuoteBLD – Free Report) , Journey Medical (DERM Quick QuoteDERM – Free Report) , and Shift4 Payments (FOUR Quick QuoteFOUR – Free Report) ."

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