(VIANEWS) – Nordic American Tankers Limited (NAT), PNM Resources (PNM), Targa Resources (TRGP) 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)
43.1% sales growth and 12.33% 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 $0.32.
PE Ratio
Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 10.97. Meaning, the purchaser of the share is investing $10.97 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 12.33%.
2. PNM Resources (PNM)
33.1% sales growth and 4.13% return on equity
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment owns and leases communication, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1882 and is headquartered in Albuquerque, New Mexico.
Earnings Per Share
As for profitability, PNM Resources has a trailing twelve months EPS of $0.9.
PE Ratio
PNM Resources has a trailing twelve months price to earnings ratio of 46.41. Meaning, the purchaser of the share is investing $46.41 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 4.13%.
Yearly Top and Bottom Value
PNM Resources’s stock is valued at $41.77 at 11:22 EST, under its 52-week high of $45.10 and way above its 52-week low of $34.63.
Volume
Today’s last reported volume for PNM Resources is 364739 which is 45.83% below its average volume of 673396.
3. Targa Resources (TRGP)
19.5% sales growth and 29.88% return on equity
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Targa Resources has a trailing twelve months EPS of $4.75.
PE Ratio
Targa Resources has a trailing twelve months price to earnings ratio of 28.57. Meaning, the purchaser of the share is investing $28.57 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 29.88%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 49.5% and 32.5%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 31, 2024, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 2.21%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.7%, now sitting on 16.26B for the twelve trailing months.
Previous days news about Targa Resources(TRGP)
- According to Zacks on Thursday, 8 August, "2024 Guidance: Targa Resources anticipates a strong year with adjusted EBITDA expected to reach between $3.95 billion and $4.05 billion, representing a 5% increase from the previous estimate. "
4. Newmark Group (NMRK)
11.2% sales growth and 4.24% return on equity
Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company offers its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. The company was formerly known as Newmark Grubb Knight Frank Capital Group and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc. is a subsidiary of Cantor Fitzgerald, L.P.
Earnings Per Share
As for profitability, Newmark Group has a trailing twelve months EPS of $0.25.
PE Ratio
Newmark Group has a trailing twelve months price to earnings ratio of 48.28. Meaning, the purchaser of the share is investing $48.28 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 4.24%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 2.54B for the twelve trailing months.
5. Grand Canyon Education (LOPE)
9.7% sales growth and 30.09% 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 $7.15.
PE Ratio
Grand Canyon Education has a trailing twelve months price to earnings ratio of 21.51. Meaning, the purchaser of the share is investing $21.51 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 30.09%.
Moving Average
Grand Canyon Education’s value is higher than its 50-day moving average of $143.17 and way higher than its 200-day moving average of $134.62.
6. OneSpaWorld Holdings Limited (OSW)
8.6% sales growth and 11.1% return on equity
OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services. The company also provides its guests access to beauty and wellness brands, including ELEMIS, Kérastase, Restylane, BOTOX Cosmetic, Perlane, Thermage, CoolSculpting, truSculpt 3D, truSculpt iD, and Dysport with various brands offered in the cruise market. The company is based in Nassau, Bahamas.
Earnings Per Share
As for profitability, OneSpaWorld Holdings Limited has a trailing twelve months EPS of $0.52.
PE Ratio
OneSpaWorld Holdings Limited has a trailing twelve months price to earnings ratio of 29.81. Meaning, the purchaser of the share is investing $29.81 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 11.1%.
Sales Growth
OneSpaWorld Holdings Limited’s sales growth for the next quarter is 8.6%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 21, 2024, the estimated forward annual dividend rate is 0.16 and the estimated forward annual dividend yield is 1.03%.
