(VIANEWS) – Novo Nordisk A/S (NVO), Regency Centers Corporation (REG), Heritage Insurance Holdings (HRTG) 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. Novo Nordisk A/S (NVO)
24.4% sales growth and 88.07% return on equity
Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease. The Diabetes and Obesity care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company also provides insulin pens, growth hormone pens, and injection needles. In addition, it offers smart solutions for diabetes treatment, such as smart insulin pens and Dose Check, an insulin dose guidance application. The company has a collaboration agreement with Aspen Pharmaceuticals to produce insulin products. Novo Nordisk A/S was founded in 1923 and is headquartered in Bagsvaerd, Denmark.
Earnings Per Share
As for profitability, Novo Nordisk A/S has a trailing twelve months EPS of $2.7.
PE Ratio
Novo Nordisk A/S has a trailing twelve months price to earnings ratio of 45.81. Meaning, the purchaser of the share is investing $45.81 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 88.07%.
Sales Growth
Novo Nordisk A/S’s sales growth is 26.9% for the ongoing quarter and 24.4% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 18, 2023, the estimated forward annual dividend rate is 1.03 and the estimated forward annual dividend yield is 0.83%.
2. Regency Centers Corporation (REG)
15.8% sales growth and 5.59% return on equity
Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.
Earnings Per Share
As for profitability, Regency Centers Corporation has a trailing twelve months EPS of $2.12.
PE Ratio
Regency Centers Corporation has a trailing twelve months price to earnings ratio of 29.22. Meaning, the purchaser of the share is investing $29.22 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 5.59%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 12, 2023, the estimated forward annual dividend rate is 2.68 and the estimated forward annual dividend yield is 4.33%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.9%, now sitting on 1.31B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 10.7% and a negative 8.8%, respectively.
Sales Growth
Regency Centers Corporation’s sales growth is 9.9% for the current quarter and 15.8% for the next.
3. Heritage Insurance Holdings (HRTG)
14.3% sales growth and 19.97% return on equity
Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential property insurance for single-family homeowners and condominium owners, and rental property insurance in the states of Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; commercial residential insurance for properties in Florida, New Jersey, and New York; and licensed in the state of Pennsylvania, as well as personal residential and wind-only property insurance. It also provides restoration, and emergency and recovery services; and property management, and reinsurance services. The company writes personal line policies through a network of retail independent agents, wholesale agents, and a partnership with a direct agency, as well as indirectly to approximately 1,500 retail locations through eight wholesale agency relationships; and personal and commercial insurance policies through a network of approximately 70 independent agencies. Heritage Insurance Holdings, Inc. was founded in 2012 and is headquartered in Tampa, Florida.
Earnings Per Share
As for profitability, Heritage Insurance Holdings has a trailing twelve months EPS of $0.98.
PE Ratio
Heritage Insurance Holdings has a trailing twelve months price to earnings ratio of 5.93. Meaning, the purchaser of the share is investing $5.93 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 19.97%.
Volume
Today’s last reported volume for Heritage Insurance Holdings is 235940 which is 49.33% below its average volume of 465673.
Sales Growth
Heritage Insurance Holdings’s sales growth is 6% for the ongoing quarter and 14.3% for the next.
4. Intuitive Surgical (ISRG)
13.7% sales growth and 14.83% return on equity
Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally. The company offers the da Vinci Surgical System that enables complex surgery using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic procedures enabling minimally invasive biopsies in the lung. It also provides a suite of stapling, energy, and core instrumentation for its multi-port da Vinci surgical systems; progressive learning pathways to support the use of its technology; infrastructure of service and support specialists, a complement of services to its customers, including installation, repair, maintenance, 24/7 technical support, and proactive system health monitoring; and integrated digital capabilities providing connected offerings, streamlining performance for hospitals with program-enhancing insights. The company sells its products through direct sales organizations, such as capital and clinical sales teams. The company was incorporated in 1995 and is headquartered in Sunnyvale, California.
Earnings Per Share
As for profitability, Intuitive Surgical has a trailing twelve months EPS of $5.02.
PE Ratio
Intuitive Surgical has a trailing twelve months price to earnings ratio of 76.79. Meaning, the purchaser of the share is investing $76.79 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 14.83%.
Yearly Top and Bottom Value
Intuitive Surgical’s stock is valued at $385.49 at 10:22 EST, below its 52-week high of $392.00 and way higher than its 52-week low of $222.65.
5. Cass Information Systems (CASS)
5.9% sales growth and 13.78% return on equity
Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. It operates through two segments, Information Services and Banking Services. The company's services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. It also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of banking products and services, such as checking, savings, and time deposit accounts; commercial, industrial, and real estate loans; and cash management services to privately-owned businesses and faith-related ministries. Further, it provides B2B payment platform for clients that require an agile fintech partner. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and leased facilities in Fenton, Missouri and Colorado Springs, Colorado. The company was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001. Cass Information Systems, Inc. was founded in 1906 and is headquartered in St. Louis, Missouri.
Earnings Per Share
As for profitability, Cass Information Systems has a trailing twelve months EPS of $2.18.
PE Ratio
Cass Information Systems has a trailing twelve months price to earnings ratio of 22.22. Meaning, the purchaser of the share is investing $22.22 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 13.78%.
