(VIANEWS) – Nova Measuring Instruments Ltd. (NVMI), First Internet Bancorp (INBK), NICE Ltd (NICE) 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. Nova Measuring Instruments Ltd. (NVMI)
32.5% sales growth and 20.43% return on equity
Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and material metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, and deposition. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. The company was founded in 1993 and is headquartered in Rehovot, Israel.
Earnings Per Share
As for profitability, Nova Measuring Instruments Ltd. has a trailing twelve months EPS of $4.79.
PE Ratio
Nova Measuring Instruments Ltd. has a trailing twelve months price to earnings ratio of 41.87. Meaning, the purchaser of the share is investing $41.87 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 20.43%.
Volume
Today’s last reported volume for Nova Measuring Instruments Ltd. is 63664 which is 68.94% below its average volume of 204976.
2. First Internet Bancorp (INBK)
20.9% sales growth and 5.1% return on equity
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial, small business, consumer, and municipal products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, savings, money market, commercial and brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity line of credit and home improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of municipal finance lending and leasing products to government entities In addition, it offers corporate credit card and treasury management services. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana.
Earnings Per Share
As for profitability, First Internet Bancorp has a trailing twelve months EPS of $2.1.
PE Ratio
First Internet Bancorp has a trailing twelve months price to earnings ratio of 16.11. Meaning, the purchaser of the share is investing $16.11 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 5.1%.
Volume
Today’s last reported volume for First Internet Bancorp is 43968 which is 5.95% above its average volume of 41495.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 30, 2024, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 0.71%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 26.9%, now sitting on 101.42M for the twelve trailing months.
3. NICE Ltd (NICE)
15.7% sales growth and 11.89% return on equity
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing. The company provides smart self service solutions that empower organizations to build intelligent automated conversations based on data; and prepared agent solutions and tools enable contact center agents to guide and alert them in real time; provides solutions that help organizations to record structured and unstructured customer interaction and transaction data; and NICE Evidencentral, an digital evidence management platform for public safety emergency communications, law enforcement, and criminal justice helps agencies. In addition, it offers X-Sight, is an open and flexible AI-cloud platform for financial crime and compliance; Xceed, a cloud platform for comprehensive AML and fraud prevention for small and mid-sized organizations; data intelligence solutions that enable organizations to turn raw data into comprehensive actionable intelligence to prevent and detect financial crimes; AI and analytics technologies to detect and prevent financial crimes in real-time; money laundering and fraud prevention solutions that help organizations adhere to capital markets compliance and anti-money laundering compliance regulations; intelligent investigations solutions; and self-service solutions that provide organizations with customization and self-development capabilities. The company was formerly known as NICE-Systems Ltd. and changed its name to NICE Ltd. in June 2016. NICE Ltd. was founded in 1986 and is headquartered in Ra'anana, Israel.
Earnings Per Share
As for profitability, NICE Ltd has a trailing twelve months EPS of $5.11.
PE Ratio
NICE Ltd has a trailing twelve months price to earnings ratio of 45.4. Meaning, the purchaser of the share is investing $45.4 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 11.89%.
Yearly Top and Bottom Value
NICE Ltd’s stock is valued at $231.98 at 06:22 EST, way below its 52-week high of $270.73 and way higher than its 52-week low of $149.54.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 18.1% and 19.9%, respectively.
Moving Average
NICE Ltd’s value is way higher than its 50-day moving average of $168.64 and way above its 200-day moving average of $199.51.
Sales Growth
NICE Ltd’s sales growth is 13.7% for the ongoing quarter and 15.7% for the next.
4. Atlanticus Holdings Corporation (ATLC)
10.6% sales growth and 18.86% return on equity
Atlanticus Holdings Corporation provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, educational services, and home-improvements by partnering with retailers and service providers. In addition, it offers loan servicing, such as risk management and customer service outsourcing for third parties; and engages in testing and investment activities in consumer finance technology platforms. The Auto Finance segment purchases and/or services loans secured by automobiles from or for a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here, pay-here, and used car business. This segment also provides floor plan financing and installment lending products. Further, the company invests in and services portfolios of credit card receivables. Atlanticus Holdings Corporation was founded in 1996 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, Atlanticus Holdings Corporation has a trailing twelve months EPS of $4.21.
PE Ratio
Atlanticus Holdings Corporation has a trailing twelve months price to earnings ratio of 8.29. Meaning, the purchaser of the share is investing $8.29 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 18.86%.
5. Ship Finance International Limited (SFL)
8.7% sales growth and 12.13% return on equity
SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, chemical transportation, oil products transportation, container transportation, car transportation, and drilling rigs. As of December 31, 2023, the company owned seven crude oil carriers, six oil product tankers, 15 dry bulk carriers, 32 container vessels, one jack-up drilling rig, one ultra-deepwater drilling rig, and five car carriers. It primarily operates in Bermuda, Canada, Cyprus, Liberia, Namibia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. SFL Corporation Ltd. was founded in 2003 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Ship Finance International Limited has a trailing twelve months EPS of $1.
PE Ratio
Ship Finance International Limited has a trailing twelve months price to earnings ratio of 11.76. Meaning, the purchaser of the share is investing $11.76 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 12.13%.
Sales Growth
Ship Finance International Limited’s sales growth is 19.1% for the current quarter and 8.7% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 11, 2024, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 9.18%.
Volume
Today’s last reported volume for Ship Finance International Limited is 538450 which is 55.54% below its average volume of 1211220.
6. Covenant Logistics Group (CVLG)
7.8% sales growth and 10.48% return on equity
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers. This segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
Earnings Per Share
As for profitability, Covenant Logistics Group has a trailing twelve months EPS of $3.11.
PE Ratio
Covenant Logistics Group has a trailing twelve months price to earnings ratio of 17.02. Meaning, the purchaser of the share is investing $17.02 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 10.48%.
7. Lincoln Educational Services Corporation (LINC)
7.8% sales growth and 4.99% return on equity
Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in two segments: Transportation and Skilled Trades, and Healthcare and Other Professions. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computerized numerical control, and electrical and electronic systems technology; health science programs comprising s licensed practical nurse, registered nurse, dental assistant, medical assistant, medical administrative assistant, and claims examiner; hospitality service programs, such as culinary, therapeutic massage, cosmetology, and aesthetics; and information technology programs. The company operates schools under the Lincoln Technical Institute, Lincoln College of Technology, Lincoln Culinary Institute, Euphoria Institute of Beauty Arts and Sciences, and other brand names. Lincoln Educational Services Corporation was founded in 1946 and is based in Parsippany, New Jersey.
Earnings Per Share
As for profitability, Lincoln Educational Services Corporation has a trailing twelve months EPS of $0.25.
PE Ratio
Lincoln Educational Services Corporation has a trailing twelve months price to earnings ratio of 47.28. Meaning, the purchaser of the share is investing $47.28 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 4.99%.
Yearly Top and Bottom Value
Lincoln Educational Services Corporation’s stock is valued at $11.82 at 06:22 EST, way below its 52-week high of $14.52 and way above its 52-week low of $7.88.
