MakeMyTrip Limited And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – MakeMyTrip Limited (MMYT), Alphabet (GOOG), Mercury General Corporation (MCY) 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. MakeMyTrip Limited (MMYT)

27.4% sales growth and 5.58% return on equity

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its Websites makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2021, it had approximately 150 franchisee-owned travel stores. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

Earnings Per Share

As for profitability, MakeMyTrip Limited has a trailing twelve months EPS of $0.46.

PE Ratio

MakeMyTrip Limited has a trailing twelve months price to earnings ratio of 146.5. Meaning, the purchaser of the share is investing $146.5 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 5.58%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.6%, now sitting on 728.16M for the twelve trailing months.

2. Alphabet (GOOG)

20.9% sales growth and 29.76% return on equity

Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment offers products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, platform, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded in 1998 and is headquartered in Mountain View, California.

Earnings Per Share

As for profitability, Alphabet has a trailing twelve months EPS of $5.8.

PE Ratio

Alphabet has a trailing twelve months price to earnings ratio of 29.95. Meaning, the purchaser of the share is investing $29.95 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 29.76%.

Previous days news about Alphabet(GOOG)

  • Is Alphabet (googl) a solid growth stock? 3 reasons to think "yes". According to Zacks on Monday, 6 May, "This combination indicates that Alphabet is a potential outperformer and a solid choice for growth investors.", "Right now, year-over-year cash flow growth for Alphabet is 16.7%, which is higher than many of its peers. "
  • The zacks analyst blog highlights Alphabet, Netflix, Amazon, ServiceNow and Boston Scientific. According to Zacks on Tuesday, 7 May, "Stocks recently featured in the blog include: Alphabet Inc. (GOOGL Quick QuoteGOOGL – Free Report) , Netflix Inc. (NFLX Quick QuoteNFLX – Free Report) , Amazon.com Inc. (AMZN Quick QuoteAMZN – Free Report) , ServiceNow Inc. (NOW Quick QuoteNOW – Free Report) and Boston Scientific Corp. (BSX Quick QuoteBSX – Free Report) .", "Zacks Rank #1 Alphabet has an expected revenue and earnings growth rate of 15.1% and 30.5%, respectively, for the current year. "
  • According to CNBC on Tuesday, 7 May, "The widely followed investor also owned Microsoft and Alphabet as AI plays over the past year."

3. Mercury General Corporation (MCY)

20.2% sales growth and 6.28% return on equity

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, fire, and umbrella insurance. The company's automobile insurance products cover collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners' insurance products cover dwelling, liability, personal property, fire, and other hazards. It sells its policies through a network of independent agents, 100% owned insurance agents, and direct channels in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. The company was founded in 1961 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, Mercury General Corporation has a trailing twelve months EPS of $1.74.

PE Ratio

Mercury General Corporation has a trailing twelve months price to earnings ratio of 32.62. Meaning, the purchaser of the share is investing $32.62 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 6.28%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.9%, now sitting on 4.63B for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 12, 2024, the estimated forward annual dividend rate is 1.27 and the estimated forward annual dividend yield is 2.3%.

4. Allstate (ALL)

11.1% sales growth and 7.28% return on equity

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products through agents, contact centers, and online. The Protection Services segment provides consumer product protection; protection and insurance products, including vehicle service contracts, guaranteed asset protection, road hazard tire and wheel, and paintless dent repair protection; and roadside assistance, device and mobile data collection services, and analytic solutions using automotive telematics information, as well as identity theft protection and remediation services. This segment also offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance coverage that primarily relates to policies written during the 1960s through the mid-1980s. The Corporate and Other segment provides debt services, as well as non-insurance operations. It sells its products through agents, independent agents, call and contact centers, retailers, direct to consumer, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.

Earnings Per Share

As for profitability, Allstate has a trailing twelve months EPS of $-1.19.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.28%.

Previous days news about Allstate(ALL)

  • Why allstate (all) is a top dividend stock for your portfolio. According to Zacks on Monday, 6 May, "In the past five-year period, Allstate has increased its dividend 5 times on a year-over-year basis for an average annual increase of 16.11%. "

5. iRadimed Corporation (IRMD)

10.8% sales growth and 23.7% return on equity

IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical support representatives, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.

Earnings Per Share

As for profitability, iRadimed Corporation has a trailing twelve months EPS of $1.35.

PE Ratio

iRadimed Corporation has a trailing twelve months price to earnings ratio of 31.01. Meaning, the purchaser of the share is investing $31.01 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 23.7%.

6. Fastenal Company (FAST)

7.4% sales growth and 34.56% return on equity

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Earnings Per Share

As for profitability, Fastenal Company has a trailing twelve months EPS of $2.02.

PE Ratio

Fastenal Company has a trailing twelve months price to earnings ratio of 34.88. Meaning, the purchaser of the share is investing $34.88 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 34.56%.

Moving Average

Fastenal Company’s value is below its 50-day moving average of $73.11 and way higher than its 200-day moving average of $63.76.

Yearly Top and Bottom Value

Fastenal Company’s stock is valued at $70.45 at 20:22 EST, way below its 52-week high of $79.04 and way above its 52-week low of $52.86.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.9%, now sitting on 7.38B for the twelve trailing months.

7. Southside Bancshares (SBSI)

6.1% sales growth and 10.68% return on equity

Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer related loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers wealth management and trust services consisting of investment management, administration, revocable and testamentary trusts, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. As of December 31, 2021, the company operated through 56 banking facilities and 73 ATMs/ITMs. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

Earnings Per Share

As for profitability, Southside Bancshares has a trailing twelve months EPS of $2.7.

PE Ratio

Southside Bancshares has a trailing twelve months price to earnings ratio of 9.87. Meaning, the purchaser of the share is investing $9.87 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 10.68%.

Volume

Today’s last reported volume for Southside Bancshares is 156052 which is 20.74% above its average volume of 129240.

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