(VIANEWS) – NVIDIA (NVDA), Noah Holdings Limited (NOAH), Selective Insurance Group (SIGI) 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. NVIDIA (NVDA)
175.3% sales growth and 40.22% return on equity
NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company's Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds. Its Compute & Networking segment provides Data Center platforms and systems for AI, HPC, and accelerated computing; Mellanox networking and interconnect solutions; automotive AI Cockpit, autonomous driving development agreements, and autonomous vehicle solutions; cryptocurrency mining processors; Jetson for robotics and other embedded platforms; and NVIDIA AI Enterprise and other software. The company's products are used in gaming, professional visualization, datacenter, and automotive markets. NVIDIA Corporation sells its products to original equipment manufacturers, original device manufacturers, system builders, add-in board manufacturers, retailers/distributors, independent software vendors, Internet and cloud service providers, automotive manufacturers and tier-1 automotive suppliers, mapping companies, start-ups, and other ecosystem participants. It has a strategic collaboration with Kroger Co. NVIDIA Corporation was incorporated in 1993 and is headquartered in Santa Clara, California.
Earnings Per Share
As for profitability, NVIDIA has a trailing twelve months EPS of $4.15.
PE Ratio
NVIDIA has a trailing twelve months price to earnings ratio of 101.68. Meaning, the purchaser of the share is investing $101.68 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 40.22%.
Yearly Top and Bottom Value
NVIDIA’s stock is valued at $421.98 at 01:22 EST, way below its 52-week high of $502.66 and way higher than its 52-week low of $120.64.
Previous days news about NVIDIA(NVDA)
- According to Zacks on Monday, 23 October, "Most of the fund’s holdings were in companies like Apple Inc. (8.9%), Microsoft Corp (7.8%) and NVIDIA Corp. (6.4%) as of Jun 30, 2023.DREVX’s 3-year and 5-year returns are 10.9% and 11.9%, respectively. "
- Zacks.com featured highlights Uber, NVIDIA and carvana. According to Zacks on Monday, 23 October, "Chicago, IL - October 23, 2023 - Stocks in this week’s article are Uber Technologies, Inc. (UBER Quick QuoteUBER – Free Report) , NVIDIA Corp. (NVDA Quick QuoteNVDA – Free Report) and Carvana Co. (CVNA Quick QuoteCVNA – Free Report) .", "Santa Clara, CA-based NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. "
- Oracle (orcl) offers NVIDIA AI enterprise in cloud marketplace. According to Zacks on Monday, 23 October, "For instance, Gemelo.ai utilizes NVIDIA Maxine GPU-accelerated AI software development kits and cloud-native microservices on OCI AI Infrastructure to power its advanced text-to-speech, voice-to-voice and voice-cloning systems.", "Earlier this year, OCI became the first hyperscale cloud provider to offer NVIDIA DGX Cloud. "
2. Noah Holdings Limited (NOAH)
32.1% sales growth and 9.23% return on equity
Noah Holdings Limited, together with its subsidiaries, operates as a wealth and asset management service provider with the focus on investment and asset allocation services for high net worth individuals and enterprises in Mainland of China, Hong Kong, and internationally. It operates through three segments: Wealth Management, Asset Management, and Other Businesses. The company offers investment products, including domestic and overseas publicly raised and public securities investment funds, privately-raised investment funds, and private equity products; customized value-added financial services, such as investor education and trust services, as well as insurance brokerage services; and insurance products. It also provides onshore and offshore private equity, real estate, public securities, multi-strategy, and other investment products, as well as lending services. The company was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.
Earnings Per Share
As for profitability, Noah Holdings Limited has a trailing twelve months EPS of $1.85.
PE Ratio
Noah Holdings Limited has a trailing twelve months price to earnings ratio of 6.7. Meaning, the purchaser of the share is investing $6.7 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 9.23%.
Sales Growth
Noah Holdings Limited’s sales growth for the next quarter is 32.1%.
Moving Average
Noah Holdings Limited’s worth is under its 50-day moving average of $13.00 and way below its 200-day moving average of $15.77.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 25, 2023, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 3.05%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Noah Holdings Limited’s EBITDA is 1.22.
3. Selective Insurance Group (SIGI)
11.9% sales growth and 10.64% return on equity
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, as well as equity securities and alternative investment portfolio. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
Earnings Per Share
As for profitability, Selective Insurance Group has a trailing twelve months EPS of $4.45.
PE Ratio
Selective Insurance Group has a trailing twelve months price to earnings ratio of 23.92. Meaning, the purchaser of the share is investing $23.92 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 10.64%.
4. Alamo Group (ALG)
5.6% sales growth and 15.56% return on equity
Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use worldwide. The company offers hydraulically-powered and tractor-mounted mowers, including boom-mounted mowers; other cutters and replacement parts for heavy-duty and intensive uses; and heavy duty, tractor- and truck-mounted mowing, and vegetation maintenance equipment and replacement parts. It also provides truck-mounted air vacuum, mechanical broom, and regenerative air sweepers; pothole patchers; leaf collection equipment and replacement brooms; parking lot and street sweepers; excavators; catch basin cleaners and roadway debris vacuum systems; truck-mounted vacuum trucks, combination sewer cleaners, and hydro excavators; ice control products; snow plows and heavy duty snow removal equipment, hitches, attachments, and graders; landscape and vegetation maintenance equipment; and public works and runway maintenance products, parts, and services. In addition, the company offers rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades, and replacement parts, as well as zero turn radius mowers; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts; and heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, and replacement parts. Further, it provides tractor attachments; agricultural implements; hydraulic and boom-mounted hedge and grass cutters, and other tractor attachments and implements; hedgerow cutters, industrial grass mowers, and agricultural seedbed preparation cultivators; self-propelled sprayers and multi-drive load-carrying vehicles; cutting blades; hydraulic and mechanical boom mowers; and high pressure cleaning systems and trenchers. The company was founded in 1955 and is headquartered in Seguin, Texas.
Earnings Per Share
As for profitability, Alamo Group has a trailing twelve months EPS of $10.43.
PE Ratio
Alamo Group has a trailing twelve months price to earnings ratio of 16.66. Meaning, the purchaser of the share is investing $16.66 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 15.56%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Alamo Group’s EBITDA is 42.79.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 23.6% and 7.8%, respectively.
Moving Average
Alamo Group’s value is under its 50-day moving average of $174.43 and higher than its 200-day moving average of $172.73.
Yearly Top and Bottom Value
Alamo Group’s stock is valued at $173.77 at 01:22 EST, way under its 52-week high of $200.81 and way above its 52-week low of $131.86.
