(VIANEWS) – Nova Measuring Instruments Ltd. (NVMI), InterDigital (IDCC), Apple (AAPL) 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.8%, now sitting on 561.68M for the twelve trailing months.
Volume
Today’s last reported volume for Nova Measuring Instruments Ltd. is 63664 which is 68.94% below its average volume of 204976.
2. InterDigital (IDCC)
26.7% sales growth and 42.79% return on equity
InterDigital, Inc. operates as a global research and development company with focus primarily on wireless, visual, and related technologies. It designs and develops technologies that enable connected in a range of communications and entertainment products and services. It licenses or intend to license its innovations to companies providing products and services, including wireless communications, consumer electronics, personal computer, and automotive, as well as cloud-based services, such as video streaming. It designs and develops a range of innovations for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, 5G, and IEEE 802-related products and networks. The company also develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G, 5G, advanced and 6G, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. In addition, it provides video coding and transmission technologies; and engages in the research and development of artificial intelligence. Further, the company's patented technologies are used in various products that include smartphones, tablets, consumer electronics, and base stations; televisions, laptops, gaming consoles, set-top boxes, streaming devices, and connected automobiles. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.
Earnings Per Share
As for profitability, InterDigital has a trailing twelve months EPS of $9.96.
PE Ratio
InterDigital has a trailing twelve months price to earnings ratio of 14.4. Meaning, the purchaser of the share is investing $14.4 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 42.79%.
Volume
Today’s last reported volume for InterDigital is 220931 which is 46.01% below its average volume of 409273.
Yearly Top and Bottom Value
InterDigital’s stock is valued at $143.38 at 11:22 EST, below its 52-week high of $145.49 and way higher than its 52-week low of $74.65.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 9, 2024, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 1.26%.
3. Apple (AAPL)
14.8% sales growth and 160.58% return on equity
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.
Earnings Per Share
As for profitability, Apple has a trailing twelve months EPS of $6.42.
PE Ratio
Apple has a trailing twelve months price to earnings ratio of 27.5. Meaning, the purchaser of the share is investing $27.5 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 160.58%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 14% and 9.2%, respectively.
Volume
Today’s last reported volume for Apple is 98703700 which is 61.52% above its average volume of 61107600.
Previous days news about Apple(AAPL)
- According to Zacks on Friday, 11 October, "Logitech’s strategy to tap into the Apple Inc. (AAPL Quick QuoteAAPL – Free Report) ecosystem has also paid off. ", "By enhancing its products to work seamlessly with Apple devices, Logitech is positioning itself to capture a larger market share among Apple’s loyal customer base."
- According to Zacks on Friday, 11 October, "Most of the fund’s holdings were in companies like Microsoft Corp. (9%), NVIDIA Corp (8.7%) and Apple Inc. (5.9%) as of June 30, 2024.", "Most of the fund’s holdings were in companies like Microsoft Corp. (7.5%), NVIDIA Corp (7.5%) and Apple Inc. (6%) as of June 30, 2023."
- According to Zacks on Friday, 11 October, "The company, which supplies tech heavyweights such as Apple AAPL and NVIDIA NVDA, reported September sales of 251.87 billionNew Taiwan dollars($7.82 billion), up just under 40% from the year-ago period."
- According to Zacks on Friday, 11 October, "Members also enjoy instant savings on Apple products and a third night complimentary at The LaLiT. "
4. Kimco Realty Corporation (KIM)
12.3% sales growth and 3.64% return on equity
Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of June 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.
Earnings Per Share
As for profitability, Kimco Realty Corporation has a trailing twelve months EPS of $0.54.
PE Ratio
Kimco Realty Corporation has a trailing twelve months price to earnings ratio of 42.79. Meaning, the purchaser of the share is investing $42.79 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 3.64%.
Moving Average
Kimco Realty Corporation’s worth is higher than its 50-day moving average of $22.61 and way above its 200-day moving average of $20.34.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 10.5% and a negative 22.7%, respectively.
5. The Descartes Systems Group (DSGX)
12.1% sales growth and 10.28% return on equity
The Descartes Systems Group Inc. provides cloud-based logistics and supply chain management solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services. It also offers its customers to use its modular, software-as-a-service, and data solutions to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. In addition, the company provides consulting, implementation, and training services, as well as maintenance and support services. It serves transportation providers, such as air, ocean, and truck modes; logistics service providers, including third-party logistics providers, freight forwarders, and customs brokers; and distribution-intensive companies, such as manufacturers, retailers, distributors, and mobile business service providers through subscription, transactional or perpetual license basis. The Descartes Systems Group Inc. was incorporated in 1981 and is headquartered in Waterloo, Canada.
Earnings Per Share
As for profitability, The Descartes Systems Group has a trailing twelve months EPS of $1.48.
PE Ratio
The Descartes Systems Group has a trailing twelve months price to earnings ratio of 68.83. Meaning, the purchaser of the share is investing $68.83 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 10.28%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14%, now sitting on 607.7M for the twelve trailing months.
Yearly Top and Bottom Value
The Descartes Systems Group’s stock is valued at $101.87 at 11:22 EST, below its 52-week high of $105.12 and way above its 52-week low of $69.59.
Sales Growth
The Descartes Systems Group’s sales growth for the next quarter is 12.1%.
Moving Average
The Descartes Systems Group’s worth is higher than its 50-day moving average of $99.35 and above its 200-day moving average of $93.60.
6. Universal Logistics Holdings (ULH)
11.5% sales growth and 23.25% return on equity
Universal Logistics Holdings, Inc. provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services; and final mile and ground expedite services. The company transports various commodities comprising automotive parts, machinery, building materials, paper, food, consumer goods, furniture, steel, and other metals. It also provides value-added services for individual customer requirements, including material handling, consolidation, sequencing, sub-assembly, cross-dock, kitting, repacking, warehousing, and returnable container management; and intermodal support services comprising short-to-medium distance delivery of steamship and rail truck containers between the port or railhead, and the customer and drayage services. Universal Logistics Holdings, Inc. serves automotive, steel, oil and gas, alternative energy, and manufacturing industries, as well as other transportation companies who aggregate loads from various shippers. The company was formerly known as Universal Truckload Services, Inc. and changed its name to Universal Logistics Holdings, Inc. in April 2016. Universal Logistics Holdings, Inc. was founded in 1932 and is headquartered in Warren, Michigan.
Earnings Per Share
As for profitability, Universal Logistics Holdings has a trailing twelve months EPS of $4.85.
PE Ratio
Universal Logistics Holdings has a trailing twelve months price to earnings ratio of 8.82. Meaning, the purchaser of the share is investing $8.82 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 23.25%.
Yearly Top and Bottom Value
Universal Logistics Holdings’s stock is valued at $42.80 at 11:22 EST, way below its 52-week high of $50.52 and way above its 52-week low of $20.85.
Volume
Today’s last reported volume for Universal Logistics Holdings is 37687 which is 22.16% above its average volume of 30849.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 34.1% and 13.6%, respectively.
7. Independent Bank Corporation (IBCP)
6.7% sales growth and 16.34% return on equity
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities across Lower Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $3.12.
PE Ratio
Independent Bank Corporation has a trailing twelve months price to earnings ratio of 10.37. Meaning, the purchaser of the share is investing $10.37 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 16.34%.
Yearly Top and Bottom Value
Independent Bank Corporation’s stock is valued at $32.36 at 11:22 EST, way under its 52-week high of $35.97 and way higher than its 52-week low of $16.90.
8. Federal Realty Investment Trust (FRT)
5.6% sales growth and 9.33% return on equity
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 106 properties include approximately 3,100 tenants, in 25 million square feet, and approximately 3,200 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 54 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.
Earnings Per Share
As for profitability, Federal Realty Investment Trust has a trailing twelve months EPS of $3.41.
PE Ratio
Federal Realty Investment Trust has a trailing twelve months price to earnings ratio of 33.72. Meaning, the purchaser of the share is investing $33.72 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 9.33%.
