Meta Platforms And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Meta Platforms (META), Surgery Partners (SGRY), Alphabet (GOOGL) 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. Meta Platforms (META)

15% sales growth and 35.37% return on equity

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California

Earnings Per Share

As for profitability, Meta Platforms has a trailing twelve months EPS of $14.86.

PE Ratio

Meta Platforms has a trailing twelve months price to earnings ratio of 34.45. Meaning, the purchaser of the share is investing $34.45 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 35.37%.

Volume

Today’s last reported volume for Meta Platforms is 10799200 which is 38.45% below its average volume of 17545500.

Previous days news about Meta Platforms(META)

  • According to Zacks on Tuesday, 8 October, "Alphabet (GOOGL Quick QuoteGOOGL – Free Report) and Meta Platforms (META Quick QuoteMETA – Free Report) are notable users of Broadcom’s ASICs."
  • According to Zacks on Monday, 7 October, "In the United States, Meta Platforms is rolling out new features like Imagine edit, which allows people to edit images they generate with Meta AI.META’s Llama family of foundation models has been a game changer. "

2. Surgery Partners (SGRY)

13.7% sales growth and 3.73% return on equity

Surgery Partners, Inc., through its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. The company operates through two segments, Surgical Facility Services and Ancillary Services. Its surgical facilities comprise ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including gastroenterology, general surgery, ophthalmology, orthopedics, and pain management. The company's surgical hospitals also provide ancillary services, such as diagnostic imaging, pharmacy, laboratory, obstetrics, oncology, physical therapy, and wound care; and ancillary services, which consist of multi-specialty physician practices, urgent care facilities, and anesthesia services. As of December 31, 2021, it owned or operated a portfolio of 126 surgical facilities, including 108 ambulatory surgical centers and 18 surgical hospitals in 31 states. Surgery Partners, Inc. was founded in 2004 and is headquartered in Brentwood, Tennessee.

Earnings Per Share

As for profitability, Surgery Partners has a trailing twelve months EPS of $-0.26.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.73%.

Volume

Today’s last reported volume for Surgery Partners is 1045580 which is 4.18% below its average volume of 1091250.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 31.6% and 9.1%, respectively.

3. Alphabet (GOOGL)

11% sales growth and 30.87% return on equity

Alphabet Inc. offers 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 provides products and services, including ads, Android, Chrome, devices, 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 and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated 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 27.19. Meaning, the purchaser of the share is investing $27.19 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 30.87%.

Previous days news about Alphabet(GOOGL)

  • According to Zacks on Tuesday, 8 October, "Zoom Video Communications (ZM Quick QuoteZM – Free Report) shares have gained 19.9% over the past three months, outperforming the broader Zacks Computer and Technology sector’s decline of 4.9%.ZM shares have also outperformed the Zacks Internet - Software industry and peers like Cisco Systems (CSCO Quick QuoteCSCO – Free Report) , Microsoft (MSFT Quick QuoteMSFT – Free Report) and Alphabet (GOOGL Quick QuoteGOOGL – Free Report) .", "Over the same time frame, Cisco has returned 14.7%, while Microsoft and Alphabet have declined 10.8% and 13.8%, respectively. "

4. Sapiens International Corporation N.V. (SPNS)

8.3% sales growth and 15.74% return on equity

Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, Europe, the Asia Pacific, and South Africa. The company offers Sapiens CoreSuite and Sapiens IDITSuite for personal, commercial, and specialty lines, as well as reinsurance and workers' compensation; and Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster for life, pension, and annuities. It also provides Sapiens DigitalSuite for insurance customers, agents, brokers, risk managers, customer groups and third-party service providers; Sapiens AgentConnect and Sapiens CustomerConnect portals; Sapiens Intelligence, an analytics platform; Sapiens IntelligencePro, a comprehensive BI solution with pre-configured reports, dashboards, and scorecards; and Sapiens Advanced Analytics, which uses AI and Machine Learning to generate actionable insights based on different models across the insurance value chain. In addition, the company offers Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO reinsurance solutions; and Sapiens Platform, Sapiens CoreSuite, Sapiens PolicyPro, and Sapiens ClaimsPro, as well as Sapiens PolicyGo, Sapiens ClaimsGo, and Sapiens Connect for workers' compensation. Further, it provides financial and compliance solutions, which comprise Sapiens FinancialPro, Sapiens Financial GO, Sapiens StatementPro, Sapiens CheckPro, and Sapiens Reporting Tools; and Sapiens Decision, an enterprise-scale platform that enables institutions to centrally author, store, and manage various organizational business logics. Additionally, the company offers tailor-made solutions based on its Sapiens eMerge platform; and program delivery, business, and managed services. It markets and sells its products and services through direct and partner sales. The company was founded in 1982 and is headquartered in Holon, Israel.

Earnings Per Share

As for profitability, Sapiens International Corporation N.V. has a trailing twelve months EPS of $1.23.

PE Ratio

Sapiens International Corporation N.V. has a trailing twelve months price to earnings ratio of 29.84. Meaning, the purchaser of the share is investing $29.84 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 15.74%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 11.8% and 5.6%, respectively.

Moving Average

Sapiens International Corporation N.V.’s worth is above its 50-day moving average of $35.90 and way higher than its 200-day moving average of $32.75.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 28, 2024, the estimated forward annual dividend rate is 0.58 and the estimated forward annual dividend yield is 1.61%.

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