Meta Platforms And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Meta Platforms (META), DexCom (DXCM), Restaurant Brands International (QSR) 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 $14.85.

PE Ratio

Meta Platforms has a trailing twelve months price to earnings ratio of 34.06. Meaning, the purchaser of the share is investing $34.06 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%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 21, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 0.4%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 94.1% and 58.7%, respectively.

Volume

Today’s last reported volume for Meta Platforms is 14105300 which is 24.95% below its average volume of 18794800.

Previous days news about Meta Platforms(META)

  • According to Zacks on Friday, 8 March, "Some other top-ranked stocks from the broader technology sector are NVIDIA Corporation (NVDA Quick QuoteNVDA – Free Report) , Meta Platforms (META Quick QuoteMETA – Free Report) and Amazon.com (AMZN Quick QuoteAMZN – Free Report) , each sporting a Zacks Rank #1 (Strong Buy). "
  • According to Zacks on Friday, 8 March, "These are Nvidia Corporation (NVDA Quick QuoteNVDA – Free Report) , Constellation Energy Corporation (CEG Quick QuoteCEG – Free Report) , Meta Platforms (META Quick QuoteMETA – Free Report) , Advanced Micro Devices (AMD Quick QuoteAMD – Free Report) and Eli Lilly and Company (LLY Quick QuoteLLY – Free Report) ."
  • According to Zacks on Friday, 8 March, "Some better-ranked stocks from the broader Computer and Technology sector are NVIDIA Corporation (NVDA Quick QuoteNVDA – Free Report) , Meta Platforms (META Quick QuoteMETA – Free Report) and Amazon.com (AMZN Quick QuoteAMZN – Free Report) . ", "NVIDIA and Meta Platforms sport a Zacks Rank #1 (Strong Buy) each, and Amazon carries a Zacks Rank #2 (Buy) at present. "
  • According to CNBC on Saturday, 9 March, "Its top holdings include Nvidia, Amazon, Microsoft, Apple, Meta Platforms and Google’s parent company Alphabet – six of the "Magnificent Seven" mega-cap tech stocks that also lead ETFs that track the S&P 500."

2. DexCom (DXCM)

24.3% sales growth and 25.78% return on equity

DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally. The company provides its systems for use by people with diabetes, as well as for use by healthcare providers. Its products include Dexcom G6 and Dexcom G7, integrated CGM systems for diabetes management; Dexcom Share, a remote monitoring system; Dexcom Real-Time API, which enables authorized third-party software developers to integrate real-time CGM data into their digital health apps and devices; and Dexcom ONE, that is designed to replace finger stick blood glucose testing for diabetes treatment decisions. It has also submitted FDA review for Dexcom Stelo for people with type 2 diabetes. The company has a collaboration and license agreement with Verily Life Sciences LLC and Verily Ireland Limited to develop blood-based or interstitial glucose monitoring products. It markets its products directly to endocrinologists, physicians, and diabetes educators. The company was incorporated in 1999 and is headquartered in San Diego, California.

Earnings Per Share

As for profitability, DexCom has a trailing twelve months EPS of $1.31.

PE Ratio

DexCom has a trailing twelve months price to earnings ratio of 103.14. Meaning, the purchaser of the share is investing $103.14 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 25.78%.

Moving Average

DexCom’s worth is higher than its 50-day moving average of $123.07 and way higher than its 200-day moving average of $113.26.

Volume

Today’s last reported volume for DexCom is 2434830 which is 21.8% below its average volume of 3113920.

Sales Growth

DexCom’s sales growth is 26.3% for the ongoing quarter and 24.3% for the next.

Yearly Top and Bottom Value

DexCom’s stock is valued at $135.12 at 06:22 EST, below its 52-week high of $139.55 and way higher than its 52-week low of $74.75.

Previous days news about DexCom(DXCM)

  • Dexcom (dxcm) soars 10% this week: what's fueling the gain?. According to Zacks on Friday, 8 March, "Shares of DexCom (DXCM Quick QuoteDXCM – Free Report) have gained almost 10% so far this week compared to its closing last Friday. "
  • According to Zacks on Friday, 8 March, "While HCA Healthcare and Medpace sport a Zacks Rank #1 (Strong Buy), DexCom carries a Zacks Rank #2 (Buy) at present. "

3. Restaurant Brands International (QSR)

11% sales growth and 38.19% return on equity

Restaurant Brands International Inc. operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products. It is also involved in owning and franchising BK, a fast-food hamburger restaurant chain, which offers flame-grilled hamburgers, chicken and other specialty sandwiches, French fries, soft drinks, and other food items; and PLK quick service restaurants that provide Louisiana-style fried chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other regional items. In addition, the company owns and franchises FHS quick service restaurants that offer meats and cheese, chopped salads, chili and soups, signature and other sides, soft drinks, and local specialties. The company was founded in 1954 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Restaurant Brands International has a trailing twelve months EPS of $3.76.

PE Ratio

Restaurant Brands International has a trailing twelve months price to earnings ratio of 21.2. Meaning, the purchaser of the share is investing $21.2 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 38.19%.

Moving Average

Restaurant Brands International’s value is higher than its 50-day moving average of $77.33 and above its 200-day moving average of $72.82.

Sales Growth

Restaurant Brands International’s sales growth is 8.7% for the ongoing quarter and 11% for the next.

Previous days news about Restaurant Brands International(QSR)

  • According to Zacks on Friday, 8 March, "However, while Carrols was cheap with a forward P/E of 14.8, Restaurant Brands International is not. "

4. Alphabet (GOOG)

10.9% sales growth and 27.36% 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 $5.81.

PE Ratio

Alphabet has a trailing twelve months price to earnings ratio of 23.03. Meaning, the purchaser of the share is investing $23.03 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 27.36%.

Volume

Today’s last reported volume for Alphabet is 28308600 which is 21.54% above its average volume of 23291300.

Previous days news about Alphabet(GOOG)

  • According to CNBC on Saturday, 9 March, "Its top holdings include Nvidia, Amazon, Microsoft, Apple, Meta Platforms and Google’s parent company Alphabet – six of the "Magnificent Seven" mega-cap tech stocks that also lead ETFs that track the S&P 500."

5. 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 17.32. Meaning, the purchaser of the share is investing $17.32 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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Patrick Industries’s EBITDA is 1.06.

Sales Growth

Patrick Industries’s sales growth is negative 7.1% for the current quarter and 8.4% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 3% and positive 13.4% for the next.

6. Grand Canyon Education (LOPE)

6% sales growth and 30.24% return on equity

Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. The company's technology services include learning management system, internal administration, infrastructure, and support services; academic services comprises program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support include admission, financial aid, and field experience and other counseling services. It also offers marketing and communication services, such as lead acquisition, digital communications strategy, brand identity, market research, media planning and strategy, video, and business intelligence and data science; and back-office services comprising finance and accounting, human resources, audit, and procurement services. The company supports healthcare education programs for 27 universities. Grand Canyon Education, Inc. was founded in 1949 and is based in Phoenix, Arizona.

Earnings Per Share

As for profitability, Grand Canyon Education has a trailing twelve months EPS of $6.8.

PE Ratio

Grand Canyon Education has a trailing twelve months price to earnings ratio of 19.66. Meaning, the purchaser of the share is investing $19.66 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 30.24%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 11% and 5.9%, respectively.

7. Global Payments (GPN)

5.5% sales growth and 4.44% return on equity

Global Payments Inc. provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services. This segment also provides an array of enterprise software solutions that streamline business operations of its customers in various vertical markets; and value-added solutions and services, such as point-of-sale software, analytics and customer engagement, payroll and reporting, and human capital management. The Issuer Solutions segment offers solutions that enable financial institutions and retailers to manage their card portfolios through a platform; and commercial payments, account payables, and electronic payment alternatives solutions for businesses and governments. It markets its products and services through direct sales force, trade associations, agent and enterprise software providers, referral arrangements with value-added resellers, and independent sales organizations. The company was founded in 1967 and is headquartered in Atlanta, Georgia.

Earnings Per Share

As for profitability, Global Payments has a trailing twelve months EPS of $3.77.

PE Ratio

Global Payments has a trailing twelve months price to earnings ratio of 34.37. Meaning, the purchaser of the share is investing $34.37 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 4.44%.

8. General Electric (GE)

5.2% sales growth and 28.44% return on equity

General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. It offers gas and steam turbines, full balance of plant, upgrade, and service solutions, as well as data-leveraging software for power generation, industrial, government, and other customers. The company also provides various solutions for its customers through combining onshore and offshore wind, blade manufacturing, grid solutions, hydro, storage, hybrid renewables, and digital services offerings. In addition, it designs and produces commercial and military aircraft engines, integrated engine components, electric power, and mechanical aircraft systems; and provides aftermarket services. Further, the company engages in the provision of various financial solutions; and management of run-off insurance operations, which provides life and health insurance and reinsurance products, as well as grid management software. General Electric Company was incorporated in 1892 and is headquartered in Boston, Massachusetts.

Earnings Per Share

As for profitability, General Electric has a trailing twelve months EPS of $7.98.

PE Ratio

General Electric has a trailing twelve months price to earnings ratio of 21.03. Meaning, the purchaser of the share is investing $21.03 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 28.44%.

Moving Average

General Electric’s worth is way above its 50-day moving average of $139.60 and way higher than its 200-day moving average of $119.17.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15.4%, now sitting on 67.95B for the twelve trailing months.

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