(VIANEWS) – Nexstar Media Group (NXST), Pinterest (PINS), California Water Service Group (CWT) 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. Nexstar Media Group (NXST)
22.3% sales growth and 13.96% return on equity
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Nexstar Media Group has a trailing twelve months EPS of $11.84.
PE Ratio
Nexstar Media Group has a trailing twelve months price to earnings ratio of 14.32. Meaning, the purchaser of the share is investing $14.32 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 13.96%.
2. Pinterest (PINS)
21.9% sales growth and 4.78% return on equity
Pinterest, Inc. operates as a visual search and discovery platform in the United States and internationally. Its platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Pinterest has a trailing twelve months EPS of $-0.05.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.78%.
Volume
Today’s last reported volume for Pinterest is 5490120 which is 46.17% below its average volume of 10200500.
Revenue Growth
Year-on-year quarterly revenue growth grew by 22.8%, now sitting on 3.19B for the twelve trailing months.
Sales Growth
Pinterest’s sales growth is 19.7% for the ongoing quarter and 21.9% for the next.
3. California Water Service Group (CWT)
13.5% sales growth and 10.34% return on equity
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 492,600 customer connections in 100 California communities; approximately 5,300 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,600 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,500 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, the company offers wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, California Water Service Group has a trailing twelve months EPS of $2.52.
PE Ratio
California Water Service Group has a trailing twelve months price to earnings ratio of 19.96. Meaning, the purchaser of the share is investing $19.96 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 10.34%.
Volume
Today’s last reported volume for California Water Service Group is 272854 which is 30.65% below its average volume of 393451.
Revenue Growth
Year-on-year quarterly revenue growth grew by 106.5%, now sitting on 934.28M for the twelve trailing months.
Moving Average
California Water Service Group’s worth is above its 50-day moving average of $48.18 and higher than its 200-day moving average of $48.86.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 3, 2024, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 2.23%.
4. Visa (V)
13% sales growth and 46.53% return on equity
Visa Inc. operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services. The company also provides acceptance solutions, which include Cybersource that provides modular and value-added services for connecting merchants to payment processing; risk and identity solutions, such as Visa Advanced Authorization, Visa Secure, Visa Risk and Decision Manager, Visa Consumer Authentication Service, and payment-decisioning solutions for fraud prevention; and Visa Consulting and Analytics, a payment consulting advisory services. It provides its services under the Visa, Visa Electron, Interlink, V PAY, and PLUS brand names. The company serves merchants, financial institutions, and government entities. Visa Inc. was founded in 1958 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Visa has a trailing twelve months EPS of $8.68.
PE Ratio
Visa has a trailing twelve months price to earnings ratio of 31.79. Meaning, the purchaser of the share is investing $31.79 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 46.53%.
Moving Average
Visa’s worth is under its 50-day moving average of $278.55 and above its 200-day moving average of $257.18.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 2.08 and the estimated forward annual dividend yield is 0.77%.
Sales Growth
Visa’s sales growth for the next quarter is 13%.
Previous days news about Visa(V)
- According to CNBC on Sunday, 26 May, "Credit card-processing companies like Visa and Mastercard generally charge merchants 2% to 4% for each transaction, according to the National Retail Federation. "
5. Amphastar Pharmaceuticals (AMPH)
11.6% sales growth and 25.34% return on equity
Amphastar Pharmaceuticals, Inc., a bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France. The company operates through two segments, Finished Pharmaceutical Products and API. It offers Primatene Mist, an over-the-counter epinephrine inhalation product for the temporary relief of mild symptoms of intermittent asthma; Enoxaparin, a low molecular weight heparin to prevent and treat deep vein thrombosis; Naloxone for opioid overdose; Glucagon for injection emergency kit; and Cortrosyn, a lyophilized powder for use as a diagnostic agent in the screening of patients with adrenocortical insufficiency. The company also provides Amphadase, a bovine-sourced hyaluronidase injection to absorb and disperse other injected drugs; Epinephrine injection for the emergency treatment of allergic reactions; lidocaine jelly, an anesthetic product for urological procedures; lidocaine topical solution for various procedures; phytonadione injection, a vitamin K1 injection for newborn babies; emergency syringe products for emergency use in hospital settings; morphine injection for use with patient controlled analgesia pumps; and lorazepam injection for surgery and medical procedures. In addition, it offers neostigmine methylsulfate injection to treat myasthenia gravis and to reverse the effects of muscle relaxants; and Isoproterenol hydrochloride injection for mild or transient episodes of heart block. Further, the company distributes recombinant human insulin active pharmaceutical ingredients (API) and porcine insulin API. It serves hospitals, care facilities, alternate care sites, clinics, and doctors' offices. The company was founded in 1996 and is headquartered in Rancho Cucamonga, California.
Earnings Per Share
As for profitability, Amphastar Pharmaceuticals has a trailing twelve months EPS of $2.91.
PE Ratio
Amphastar Pharmaceuticals has a trailing twelve months price to earnings ratio of 14.6. Meaning, the purchaser of the share is investing $14.6 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 25.34%.
Sales Growth
Amphastar Pharmaceuticals’s sales growth is 19.8% for the ongoing quarter and 11.6% for the next.
Yearly Top and Bottom Value
Amphastar Pharmaceuticals’s stock is valued at $42.50 at 11:22 EST, way under its 52-week high of $67.66 and way higher than its 52-week low of $38.43.
Volume
Today’s last reported volume for Amphastar Pharmaceuticals is 91681 which is 78.18% below its average volume of 420322.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 23.1% and a drop 13.9% for the next.
