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Nordic American Tankers Limited And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Nordic American Tankers Limited (NAT), DHT Holdings (DHT), ANI Pharmaceuticals (ANIP) 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 11.41. Meaning, the purchaser of the share is investing $11.41 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 12.33%.

Volume

Today’s last reported volume for Nordic American Tankers Limited is 1830540 which is 19.15% below its average volume of 2264330.

Sales Growth

Nordic American Tankers Limited’s sales growth is negative 19.8% for the current quarter and 43.1% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 13.15%.

2. DHT Holdings (DHT)

39.3% sales growth and 15% return on equity

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Oslo, and Norway. As of March 17, 2021, it had a fleet of 28 very large crude carriers with a capacity of 8,660,835 deadweight tons. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.

Earnings Per Share

As for profitability, DHT Holdings has a trailing twelve months EPS of $0.98.

PE Ratio

DHT Holdings has a trailing twelve months price to earnings ratio of 10.89. Meaning, the purchaser of the share is investing $10.89 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 15%.

Moving Average

DHT Holdings’s worth is below its 50-day moving average of $11.28 and under its 200-day moving average of $11.09.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.2%, now sitting on 573.22M for the twelve trailing months.

3. ANI Pharmaceuticals (ANIP)

19.9% sales growth and 5.9% return on equity

ANI Pharmaceuticals, Inc., a biopharmaceutical company, develops, manufactures, and markets branded and generic prescription pharmaceuticals in the United States and Canada. It focuses on producing controlled substances, oncology products, hormones and steroids, injectables, and other formulations. The company manufactures oral solid dose products; semi-solids, liquids, and topicals; and potent products, as well as performs contract development and manufacturing of pharmaceutical products for other companies. It markets its products through retail pharmacy chains, wholesalers, distributors and mail order pharmacies, and group purchasing organizations. The company was incorporated in 2001 and is headquartered in Baudette, Minnesota.

Earnings Per Share

As for profitability, ANI Pharmaceuticals has a trailing twelve months EPS of $1.19.

PE Ratio

ANI Pharmaceuticals has a trailing twelve months price to earnings ratio of 52.48. Meaning, the purchaser of the share is investing $52.48 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 5.9%.

Volume

Today’s last reported volume for ANI Pharmaceuticals is 460452 which is 76.42% above its average volume of 260984.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 14.2% and positive 31% for the next.

Moving Average

ANI Pharmaceuticals’s worth is above its 50-day moving average of $61.92 and above its 200-day moving average of $60.66.

Yearly Top and Bottom Value

ANI Pharmaceuticals’s stock is valued at $62.45 at 20:22 EST, way under its 52-week high of $70.81 and way above its 52-week low of $48.20.

4. Alphabet (GOOG)

11% sales growth and 30.87% 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 $6.97.

PE Ratio

Alphabet has a trailing twelve months price to earnings ratio of 23.69. Meaning, the purchaser of the share is investing $23.69 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 30.87%.

Yearly Top and Bottom Value

Alphabet’s stock is valued at $165.11 at 20:22 EST, way under its 52-week high of $193.31 and way above its 52-week low of $121.46.

Sales Growth

Alphabet’s sales growth is 23.4% for the current quarter and 11% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 9, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 0.48%.

Previous days news about Alphabet(GOOG)

  • The zacks analyst blog highlights Microsoft, Alphabet, Amazon, and meta platforms. According to Zacks on Thursday, 5 September, "Stocks recently featured in the blog include: Microsoft (MSFT Quick QuoteMSFT – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) , Amazon (AMZN Quick QuoteAMZN – Free Report) and Meta Platforms (META Quick QuoteMETA – Free Report) ."
  • The zacks analyst blog highlights NVIDIA, Apple and Alphabet. According to Zacks on Thursday, 5 September, "Stocks recently featured in the blog include: NVIDIA Corp. (NVDA Quick QuoteNVDA – Free Report) , Apple Inc. (AAPL Quick QuoteAAPL – Free Report) and Alphabet Inc. (GOOGL Quick QuoteGOOGL – Free Report) .", "Apple Inc. has repurchased shares worth around $91 billion over the past year, while Alphabet Inc. has repurchased some $63 billion in shares, per FactSet."
  • According to Zacks on Wednesday, 4 September, "Apple Inc. (AAPL Quick QuoteAAPL – Free Report) has repurchased shares worth around $91 billion over the past year, while Alphabet Inc. (GOOGL Quick QuoteGOOGL – Free Report) has repurchased some $63 billion in shares, per FactSet."

5. Sterling Construction Company (STRL)

9.8% sales growth and 27.95% return on equity

Sterling Construction Company, Inc., a construction company, engages in the heavy civil, specialty services, and residential construction activities primarily in the southern United States, the Rocky Mountain states, California, and Hawaii. The company undertakes various heavy civil construction projects, including highways, roads, bridges, airfields, ports, light rail, water, wastewater and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities, and railroads. It offers specialty services such as foundations for multi-family homes, parking structures, and other commercial concrete projects for blue-chip end users in the e-commerce, data center, distribution center and warehousing, energy, mixed use, and multi-family sectors. The company also undertakes concrete foundations for single-family homes. In addition, it provides surveying, clearing and grubbing, erosion control, grading, grassing, site excavation, storm drainage, sanitary sewer and water main installation, drilling and blasting, curb and gutter, paving, concrete work, and landfill services. The company was formerly known as Oakhurst Company, Inc. and changed its name to Sterling Construction Company, Inc. in November 2001. Sterling Construction Company, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.

Earnings Per Share

As for profitability, Sterling Construction Company has a trailing twelve months EPS of $5.19.

PE Ratio

Sterling Construction Company has a trailing twelve months price to earnings ratio of 20.63. Meaning, the purchaser of the share is investing $20.63 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 27.95%.

Moving Average

Sterling Construction Company’s value is under its 50-day moving average of $114.45 and higher than its 200-day moving average of $100.27.

6. Getty Realty Corporation (GTY)

6.4% sales growth and 7.29% return on equity

Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. As of September 30, 2020, the Company owned 896 properties and leased 58 properties from third-party landlords in 35 states across the United States and Washington, D.C.

Earnings Per Share

As for profitability, Getty Realty Corporation has a trailing twelve months EPS of $1.19.

PE Ratio

Getty Realty Corporation has a trailing twelve months price to earnings ratio of 26.51. Meaning, the purchaser of the share is investing $26.51 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 7.29%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 26, 2024, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 5.71%.

Volume

Today’s last reported volume for Getty Realty Corporation is 373328 which is 3.3% above its average volume of 361396.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.7%, now sitting on 197.04M for the twelve trailing months.

7. Universal Stainless & Alloy Products (USAP)

6.3% sales growth and 7.6% return on equity

Universal Stainless & Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. Its products include stainless steel, nickel alloys, tool steel, and various other alloyed steels. The company offers semi-finished and finished long products in the form of ingots, blooms, billets, and bars; flat rolled products, such as slabs and plates; and customized shapes primarily for original equipment manufacturers (OEMs), which are cold rolled from purchased coiled strip, flat bar, or extruded bar. Its semi-finished long products are primarily used to produce rods; and finished bar products that are principally used by OEMs and by service center customers for distribution to various end users. The company also offers conversion services on materials supplied by its customers. Its products are used in aerospace, power generation, oil and gas, heavy equipment, general, and automotive industries, as well as in the manufacturing of equipment for food handling, health and medical, chemical processing, and pollution control; and manufacturing of metals, plastics, paper and aluminum extrusions, pharmaceuticals, electronics, and optics. The company sells its products to service centers, forgers, rerollers, and OEMs. Universal Stainless & Alloy Products, Inc. was founded in 1994 and is headquartered in Bridgeville, Pennsylvania.

Earnings Per Share

As for profitability, Universal Stainless & Alloy Products has a trailing twelve months EPS of $1.82.

PE Ratio

Universal Stainless & Alloy Products has a trailing twelve months price to earnings ratio of 20.93. Meaning, the purchaser of the share is investing $20.93 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 7.6%.

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