Monmouth Real Estate Investment Corporation And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Monmouth Real Estate Investment Corporation (MNR), Reinsurance Group of America (RGA), Vertex (VERX) 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. Monmouth Real Estate Investment Corporation (MNR)

22.3% sales growth and 34.15% return on equity

Mach Natural Resources LP, an independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas. The company was incorporated in 2023 and is headquartered in Oklahoma City, Oklahoma.

Earnings Per Share

As for profitability, Monmouth Real Estate Investment Corporation has a trailing twelve months EPS of $-2.73.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 34.15%.

Yearly Top and Bottom Value

Monmouth Real Estate Investment Corporation’s stock is valued at $20.00 at 06:22 EST, under its 52-week high of $21.19 and way above its 52-week low of $14.40.

Volume

Today’s last reported volume for Monmouth Real Estate Investment Corporation is 45522 which is 63% below its average volume of 123051.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 28, 2024, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 15%.

Sales Growth

Monmouth Real Estate Investment Corporation’s sales growth for the next quarter is 22.3%.

2. Reinsurance Group of America (RGA)

17.6% sales growth and 10.05% return on equity

Reinsurance Group of America, Incorporated engages in reinsurance business. The company offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. It also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, the company develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. It operates in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1973 and is headquartered in Chesterfield, Missouri.

Earnings Per Share

As for profitability, Reinsurance Group of America has a trailing twelve months EPS of $12.89.

PE Ratio

Reinsurance Group of America has a trailing twelve months price to earnings ratio of 15.82. Meaning, the purchaser of the share is investing $15.82 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 10.05%.

Previous days news about Reinsurance Group of America(RGA)

  • According to Zacks on Tuesday, 2 July, "Some better-ranked stocks from the insurance industry are Reinsurance Group of America (RGA Quick QuoteRGA – Free Report) , Palomar Holdings (PLMR Quick QuotePLMR – Free Report) and ProAssurance (PRA Quick QuotePRA – Free Report) ."
  • According to Zacks on Wednesday, 3 July, "The bottom line of Reinsurance Group of America outpaced the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 19.5%. "

3. Vertex (VERX)

13.9% sales growth and 3.26% return on equity

Vertex, Inc. provides tax technology solutions for corporations in retail, leasing, communication, and manufacturing industries in the United States and internationally. It offers tax determination, compliance and reporting, tax data management, document management, pre-built integration, and industry-specific solutions. The company sells its software products through software license and software as a service subscriptions. It also offers implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.

Earnings Per Share

As for profitability, Vertex has a trailing twelve months EPS of $0.05.

PE Ratio

Vertex has a trailing twelve months price to earnings ratio of 721. Meaning, the purchaser of the share is investing $721 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 3.26%.

Volume

Today’s last reported volume for Vertex is 8767740 which is 740.67% above its average volume of 1042940.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 62.5% and 20%, respectively.

Yearly Top and Bottom Value

Vertex’s stock is valued at $36.05 at 06:22 EST, under its 52-week high of $36.36 and way higher than its 52-week low of $17.59.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.1%, now sitting on 596.42M for the twelve trailing months.

Previous days news about Vertex(VERX)

  • According to Zacks on Tuesday, 2 July, "Apart from Gemma 2 availability, Google recently added Anthropic’s newly released model, called Claude 3.5 Sonnet, to Vertex AI.", "It launched the latest image generation model, namely Imagen 3, in preview for Vertex AI customers with early access."
  • Vertex (vrtx) NDA for vanza triple therapy accepted by FDA. According to Zacks on Wednesday, 3 July, "Vanza triple is a new once-a-day oral combination medicine that has the potential for enhanced patient benefit than Trikafta patients and can potentially treat CF patients who have discontinued Trikafta or other Vertex CF medicines. ", "Shares of Vertex have rallied 16.5% so far this year against the industry’s decline of 6.3%."
  • According to Zacks on Thursday, 4 July, "Solid momentum in Google’s Vertex AI, which enables developers to train, tune, augment and deploy applications using generative AI models, is another positive."

4. The Pennant Group (PNTG)

13.2% sales growth and 11.57% return on equity

The Pennant Group, Inc. provides healthcare services in the United States. It operates in two segments, Home Health and Hospice Services, and Senior Living Services. The company offers home health services, including clinical services, such as nursing, speech, occupational and physical therapy, medical social work, and home health aide services; and hospice services comprising clinical care, education, and counseling services for the physical, spiritual, and psychosocial needs of terminally ill patients and their families. It also provides senior living services, such as residential accommodations, activities, meals, housekeeping, and assistance in the activities of daily living to seniors, who are independent or who require some support. As of December 31, 2021, the company operated 88 home health and hospice agencies, and 54 senior living communities with 4127 Senior Living units in Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The Pennant Group, Inc. was incorporated in 2019 and is headquartered in Eagle, Idaho.

Earnings Per Share

As for profitability, The Pennant Group has a trailing twelve months EPS of $0.54.

PE Ratio

The Pennant Group has a trailing twelve months price to earnings ratio of 42.94. Meaning, the purchaser of the share is investing $42.94 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 11.57%.

5. Agree Realty Corporation (ADC)

12.9% sales growth and 3.48% return on equity

Earnings Per Share

As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.69.

PE Ratio

Agree Realty Corporation has a trailing twelve months price to earnings ratio of 36.12. Meaning, the purchaser of the share is investing $36.12 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 3.48%.

6. Hexcel Corporation (HXL)

11.5% sales growth and 6.11% return on equity

Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. It operates through two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in automotive, marine, and trains. The Engineered Products segment manufactures and markets aircraft structures and finished aircraft components, including wing to body fairings, wing panels, flight deck panels, door liners, rotorcraft blades, spars, and tip caps; and aircraft structural sub-components and semi-finished components used in rotorcraft blades, engine nacelles, and aircraft surfaces, such as flaps, wings, elevators, and fairings. The company sells its products directly through its managers, product managers, and sales personnel, as well as through independent distributors and manufacturer representatives in the Americas, Europe, the Asia Pacific, India, and Africa. Hexcel Corporation was founded in 1946 and is headquartered in Stamford, Connecticut.

Earnings Per Share

As for profitability, Hexcel Corporation has a trailing twelve months EPS of $1.17.

PE Ratio

Hexcel Corporation has a trailing twelve months price to earnings ratio of 55.33. Meaning, the purchaser of the share is investing $55.33 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 6.11%.

Moving Average

Hexcel Corporation’s value is under its 50-day moving average of $67.13 and below its 200-day moving average of $68.63.

7. RadNet (RDNT)

8.6% sales growth and 6.37% return on equity

RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems for the diagnostic imaging industry, including picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretation of images in the field of mammography, as well as AI solutions for lung and prostate cancer. As of December 31, 2021, it owned and managed 347 centers in Arizona, California, Delaware, Florida, Maryland, New Jersey, and New York. The company was founded in 1981 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, RadNet has a trailing twelve months EPS of $0.37.

PE Ratio

RadNet has a trailing twelve months price to earnings ratio of 158.76. Meaning, the purchaser of the share is investing $158.76 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 6.37%.

Sales Growth

RadNet’s sales growth is 12.2% for the present quarter and 8.6% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 25% and positive 21.4% for the next.

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