(VIANEWS) – Meta Platforms (META), Century Communities (CCS), Patrick Industries (PATK) 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)
25.6% sales growth and 28.04% 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 $14.87.
PE Ratio
Meta Platforms has a trailing twelve months price to earnings ratio of 32.66. Meaning, the purchaser of the share is investing $32.66 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 28.04%.
Moving Average
Meta Platforms’s worth is way higher than its 50-day moving average of $426.63 and way higher than its 200-day moving average of $335.58.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 94.1% and 58.7%, respectively.
Yearly Top and Bottom Value
Meta Platforms’s stock is valued at $485.58 at 16:22 EST, below its 52-week high of $523.57 and way above its 52-week low of $174.82.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.7%, now sitting on 134.9B for the twelve trailing months.
Previous days news about Meta Platforms(META)
- According to Zacks on Tuesday, 26 March, "Additionally, Meta Platforms currently has a Zacks Rank #1 (Strong Buy) rating, while Amazon has a Zacks Rank #2 (Buy). "
- According to Zacks on Wednesday, 27 March, "Some other top-ranked stocks in the broader technology sector are Bill Holdings (BILL Quick QuoteBILL – Free Report) , Bentley Systems (BSY Quick QuoteBSY – Free Report) and Meta Platforms (META Quick QuoteMETA – Free Report) , each sporting Zacks Rank #1. "
- According to Zacks on Thursday, 28 March, "C3.ai currently has a Zacks Rank #3 (Hold).NVIDIA (NVDA Quick QuoteNVDA – Free Report) , Meta Platforms (META Quick QuoteMETA – Free Report) and Synopsys (SNPS Quick QuoteSNPS – Free Report) are some better-ranked stocks in the broader Zacks Computer and Technology sector, each sporting a Zacks Rank #1 (Strong Buy) at present. ", "Long-term earnings growth rates for NVIDIA, Meta Platforms and Synopsys are currently pegged at 30.93%, 19.5% and 17.51%, respectively."
2. Century Communities (CCS)
14.9% sales growth and 11.43% return on equity
Century Communities, Inc., together with its subsidiaries, engages in the design, development, construction, marketing, and sale of single-family attached and detached homes. It is also involved in the entitlement and development of the underlying land; and provision of mortgage, title, and insurance services to its home buyers. The company offers homes under the Century Communities and Century Complete brands. It sells homes through its sales representatives, as well as through independent real estate brokers in 17 states in the United States. Century Communities, Inc. was founded in 2002 and is headquartered in Greenwood Village, Colorado.
Earnings Per Share
As for profitability, Century Communities has a trailing twelve months EPS of $8.05.
PE Ratio
Century Communities has a trailing twelve months price to earnings ratio of 10.93. Meaning, the purchaser of the share is investing $10.93 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 11.43%.
3. Patrick Industries (PATK)
8.4% sales growth and 14.29% return on equity
Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.
Earnings Per Share
As for profitability, Patrick Industries has a trailing twelve months EPS of $6.5.
PE Ratio
Patrick Industries has a trailing twelve months price to earnings ratio of 17.74. Meaning, the purchaser of the share is investing $17.74 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 14.29%.
4. Barrett Business Services (BBSI)
8.3% sales growth and 26.85% return on equity
Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. It offers professional employer services under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers' compensation coverage, and other administration functions for the client's existing workforce. The company also provides staffing and recruiting services, such as on-demand or short-term staffing assignment, contract staffing, direct placement, and long-term or indefinite-term on-site management services. It serves electronics manufacturers, light-manufacturing industries, agriculture-based companies, transportation and shipping enterprises, food processors, telecommunications companies, public utilities, general contractors in various construction-related fields, and professional services firms. The company was incorporated in 1965 and is headquartered in Vancouver, Washington.
Earnings Per Share
As for profitability, Barrett Business Services has a trailing twelve months EPS of $7.39.
PE Ratio
Barrett Business Services has a trailing twelve months price to earnings ratio of 17.01. Meaning, the purchaser of the share is investing $17.01 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 26.85%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10%, now sitting on 1.07B for the twelve trailing months.
Sales Growth
Barrett Business Services’s sales growth is 3.7% for the current quarter and 8.3% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Barrett Business Services’s EBITDA is 0.65.
Yearly Top and Bottom Value
Barrett Business Services’s stock is valued at $125.74 at 16:22 EST, below its 52-week high of $130.00 and way above its 52-week low of $76.22.
5. Diamondback Energy (FANG)
8.1% sales growth and 20.15% return on equity
Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns and operates midstream infrastructure assets, in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Earnings Per Share
As for profitability, Diamondback Energy has a trailing twelve months EPS of $17.33.
PE Ratio
Diamondback Energy has a trailing twelve months price to earnings ratio of 11.44. Meaning, the purchaser of the share is investing $11.44 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 20.15%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 4, 2024, the estimated forward annual dividend rate is 8.12 and the estimated forward annual dividend yield is 4.43%.
Moving Average
Diamondback Energy’s worth is way above its 50-day moving average of $162.78 and way higher than its 200-day moving average of $151.70.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Diamondback Energy’s EBITDA is 4.67.
Volume
Today’s last reported volume for Diamondback Energy is 954245 which is 48.58% below its average volume of 1855960.
6. Consolidated Edison (ED)
7.2% sales growth and 11.97% return on equity
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.2 million customers in southeastern New York. In addition, it operates 545 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 90,051 in-service line transformers; 3,788 pole miles of overhead distribution lines; and 2,314 miles of underground distribution lines, as well as 4,363 miles of mains and 380,870 service lines for natural gas distribution. Further, the company invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.
Earnings Per Share
As for profitability, Consolidated Edison has a trailing twelve months EPS of $7.21.
PE Ratio
Consolidated Edison has a trailing twelve months price to earnings ratio of 12.6. Meaning, the purchaser of the share is investing $12.6 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 11.97%.
Moving Average
Consolidated Edison’s value is above its 50-day moving average of $89.82 and above its 200-day moving average of $90.40.
Yearly Top and Bottom Value
Consolidated Edison’s stock is valued at $90.81 at 16:22 EST, way under its 52-week high of $100.92 and way higher than its 52-week low of $80.46.
7. Gartner (IT)
6.3% sales growth and 194.28% return on equity
Gartner, Inc. operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts. The Conferences segment offers executives and teams in an organization the opportunity to learn, share, and network. The Consulting segment offers market-leading research, custom analysis, and on-the-ground support services. This segment also offers actionable solutions for IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization. Gartner, Inc. was founded in 1979 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, Gartner has a trailing twelve months EPS of $11.06.
PE Ratio
Gartner has a trailing twelve months price to earnings ratio of 43.1. Meaning, the purchaser of the share is investing $43.1 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 194.28%.
Sales Growth
Gartner’s sales growth is 5.5% for the current quarter and 6.3% for the next.
Volume
Today’s last reported volume for Gartner is 355219 which is 11.18% below its average volume of 399950.
Yearly Top and Bottom Value
Gartner’s stock is valued at $476.67 at 16:22 EST, above its 52-week high of $476.42.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 12.2% and positive 3.5% for the next.
