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Nordic American Tankers Limited And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Nordic American Tankers Limited (NAT), Alexandria Real Estate Equities (ARE), Southwest Airlines (LUV) 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. Nordic American Tankers Limited (NAT)

16% sales growth and 16.99% return on equity

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 19 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Nordic American Tankers Limited has a trailing twelve months EPS of $0.43.

PE Ratio

Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 9.72. Meaning, the purchaser of the share is investing $9.72 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 16.99%.

2. Alexandria Real Estate Equities (ARE)

11.9% sales growth and 3.4% return on equity

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since its founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. The trusted partner to approximately 825 tenants, Alexandria has a total market capitalization of $30.6 billion and an asset base in North America of 74.9 million SF as of June 30, 2023, which includes 41.1 million RSF of operating properties and 5.3 million RSF of Class A/A+ properties undergoing construction, 9.4 million RSF of near-term and intermediate-term development and redevelopment projects, and 19.1 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science, agtech, and advanced technology campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, agrifoodtech, climate innovation, and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

Earnings Per Share

As for profitability, Alexandria Real Estate Equities has a trailing twelve months EPS of $3.39.

PE Ratio

Alexandria Real Estate Equities has a trailing twelve months price to earnings ratio of 35.94. Meaning, the purchaser of the share is investing $35.94 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 3.4%.

Sales Growth

Alexandria Real Estate Equities’s sales growth is 46.6% for the ongoing quarter and 11.9% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.9%, now sitting on 2.75B for the twelve trailing months.

3. Southwest Airlines (LUV)

11.3% sales growth and 5.3% return on equity

Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2022, the company operated a total fleet of 770 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment portal and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Southwest Airlines has a trailing twelve months EPS of $1.09.

PE Ratio

Southwest Airlines has a trailing twelve months price to earnings ratio of 30.91. Meaning, the purchaser of the share is investing $30.91 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 5.3%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Southwest Airlines’s EBITDA is 0.69.

Previous days news about Southwest Airlines(LUV)

  • Southwest airlines (luv) & TWU 555 ink tentative agreement. According to Zacks on Wednesday, 16 August, "Per vice president Labor Relations at Southwest Airlines, Adam Carlisle, "Our hardworking Ramp, Operations, Provisioning, and Cargo Agents serve a valuable role in helping Southwest Airlines by providing a great experience for our customers. "
  • According to Zacks on Thursday, 17 August, "In the past week, Southwest Airlines (LUV Quick QuoteLUV – Free Report) received encouraging news on the labor front when it reached a provisional agreement with the union that represents more than 17,000 of its ramp, operations, provisioning and cargo employees."
  • The zacks analyst blog highlights southwest airlines, copa holdings, Ryanair holdings, delta air lines and American Airlines. According to Zacks on Friday, 18 August, "Stocks recently featured in the blog include: Southwest Airlines (LUV Quick QuoteLUV – Free Report) , Copa Holdings’ (CPA Quick QuoteCPA – Free Report) , Ryanair Holdings (RYAAY Quick QuoteRYAAY – Free Report) , Delta Air Lines (DAL Quick QuoteDAL – Free Report) and American Airlines (AAL Quick QuoteAAL – Free Report) .", "In the past week, Southwest Airlines received encouraging news on the labor front when it reached a provisional agreement with the union that represents more than 17,000 of its ramp, operations, provisioning and cargo employees."

4. Selective Insurance Group (SIGI)

11.3% sales growth and 10.64% return on equity

Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, as well as equity securities and alternative investment portfolio. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.

Earnings Per Share

As for profitability, Selective Insurance Group has a trailing twelve months EPS of $4.13.

PE Ratio

Selective Insurance Group has a trailing twelve months price to earnings ratio of 24.78. Meaning, the purchaser of the share is investing $24.78 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 10.64%.

5. Ambev (ABEV)

10.3% sales growth and 16.92% return on equity

Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands. The company also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, coconut water, powdered and natural juices, and ready-to-drink teas under the Guaraná Antarctica, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Do Bem, Pepsi-Cola, Canada Dry, Squirt, Red Rock, Red Bull, Seven Up, Nutrl, Bud Light Seltzer, Palm Bay, and Mike's brands. It offers its products through a network of third-party distributors and a direct distribution system. The company was founded in 1885 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.

Earnings Per Share

As for profitability, Ambev has a trailing twelve months EPS of $0.19.

PE Ratio

Ambev has a trailing twelve months price to earnings ratio of 15.32. Meaning, the purchaser of the share is investing $15.32 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 16.92%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Ambev’s EBITDA is 0.54.

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