(VIANEWS) – NVIDIA (NVDA), Columbia Banking System (COLB), Cigna (CI) 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)
223.7% sales growth and 69.17% return on equity
Robust performances from the Magnificent Seven - a term coined by Bank of America analyst Michael Hartnett - comprising Apple, Alphabet, Amazon, Meta Platforms, Microsoft, NVIDIA (NVDA Quick QuoteNVDA – Free Report) and Tesla, helped the index to soar last year.
Lastly, NVIDIA (NVDA Quick QuoteNVDA – Free Report) appears to be an attractive company at the moment.
The far-and-away top performer in 2023 was semiconductor stock NVIDIA (NASDAQ: NVDA), which returned around 237%, followed by Meta Platforms (NASDAQ: META), which was up roughly 195%.
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 $7.58.
PE Ratio
NVIDIA has a trailing twelve months price to earnings ratio of 63.57. Meaning, the purchaser of the share is investing $63.57 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 69.17%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 4, 2023, the estimated forward annual dividend rate is 0.16 and the estimated forward annual dividend yield is 0.03%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 205.5%, now sitting on 44.87B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
NVIDIA’s EBITDA is 26.72.
Previous days news about NVIDIA(NVDA)
- The zacks analyst blog highlights sunoco, new gold, hooker furniture corp., molson coors and NVIDIA. According to Zacks on Tuesday, 2 January, "Stocks recently featured in the blog include: Sunoco (SUN Quick QuoteSUN – Free Report) , New Gold (NGD Quick QuoteNGD – Free Report) , Hooker Furniture Corp. (HOFT Quick QuoteHOFT – Free Report) , Molson Coors (TAP Quick QuoteTAP – Free Report) and NVIDIA (NVDA Quick QuoteNVDA – Free Report) ."
2. Columbia Banking System (COLB)
21.7% sales growth and 9.59% return on equity
Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. It offers personal banking products and services, including non-interest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder and other commercial real estate loans, as well as loans guaranteed by the small business administration; debit and credit cards; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; insurance solutions, which include long-term care, and life and disability insurance; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement services, and investment agency and charitable management services. As of December 31, 2020, it operated approximately 145 branches. The company was founded in 1993 and is headquartered in Tacoma, Washington.
Earnings Per Share
As for profitability, Columbia Banking System has a trailing twelve months EPS of $0.92.
PE Ratio
Columbia Banking System has a trailing twelve months price to earnings ratio of 28.96. Meaning, the purchaser of the share is investing $28.96 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 9.59%.
3. Cigna (CI)
19.3% sales growth and 11.99% return on equity
The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. The company also offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. It distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was formerly known as Cigna Corporation and changed its name to The Cigna Group in February 2023. The Cigna Group was founded in 1792 and is headquartered in Bloomfield, Connecticut.
Earnings Per Share
As for profitability, Cigna has a trailing twelve months EPS of $17.73.
PE Ratio
Cigna has a trailing twelve months price to earnings ratio of 17.38. Meaning, the purchaser of the share is investing $17.38 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 11.99%.
4. AvalonBay Communities (AVB)
13.5% sales growth and 8.07% return on equity
As of September 30, 2023, the Company owned or held a direct or indirect ownership interest in 296 apartment communities containing 89,240 apartment homes in 12 states and the District of Columbia, of which 17 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.
Earnings Per Share
As for profitability, AvalonBay Communities has a trailing twelve months EPS of $6.57.
PE Ratio
AvalonBay Communities has a trailing twelve months price to earnings ratio of 28.58. Meaning, the purchaser of the share is investing $28.58 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 8.07%.
Sales Growth
AvalonBay Communities’s sales growth is 22.6% for the current quarter and 13.5% for the next.
5. Ryman Hospitality Properties (RHP)
12.3% sales growth and 40.01% return on equity
Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. The Company's core holdings* include a network of five of the top 10 largest non-gaming convention center hotels in the United States based on total indoor meeting space. These convention center resorts operate under the Gaylord Hotels brand and are managed by Marriott International. The Company also owns two adjacent ancillary hotels and a small number of attractions managed by Marriott International for a combined total of 10,110 rooms and more than 2.7 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. The Company's Entertainment segment includes a growing collection of iconic and emerging country music brands, including the Grand Ole Opry; Ryman Auditorium, WSM 650 AM; Ole Red and Circle, a country lifestyle media network the Company owns in a joint-venture with Gray Television. The Company operates its Entertainment segment as part of a taxable REIT subsidiary. * The Company is the sole owner of Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; and Gaylord National Resort & Convention Center. It is the majority owner and managing member of the joint venture that owns the Gaylord Rockies Resort & Convention Center.
Earnings Per Share
As for profitability, Ryman Hospitality Properties has a trailing twelve months EPS of $3.84.
PE Ratio
Ryman Hospitality Properties has a trailing twelve months price to earnings ratio of 28.74. Meaning, the purchaser of the share is investing $28.74 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 40.01%.
Volume
Today’s last reported volume for Ryman Hospitality Properties is 281680 which is 41.66% below its average volume of 482888.
Yearly Top and Bottom Value
Ryman Hospitality Properties’s stock is valued at $110.38 at 10:22 EST, under its 52-week high of $112.26 and way above its 52-week low of $77.18.
6. Roper Industries (ROP)
11.2% sales growth and 8.02% return on equity
Roper Technologies, Inc. designs and develops software, and technology enabled products and solutions. The company offers management, campus solutions, diagnostic and laboratory information management, enterprise management, information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations. It also provides cloud-based data, collaboration, and estimating automation software; electronic marketplace; visual effects and 3D content software; wireless sensor network and solutions; cloud-based software for the life insurance and financial services industries; supply chain software; health care service and software; RFID card readers; data analytics and information; and pharmacy software solutions. In addition, the company offers ultrasound accessories; dispensers and metering pumps; automated surgical scrub and linen dispensing equipment; water meters; optical and electromagnetic measurement systems; and medical devices. It distributes and sells its products through direct sales, manufacturers' representatives, resellers, and distributors. The company was formerly known as Roper Industries, Inc. and changed its name to Roper Technologies, Inc. in April 2015. The company was incorporated in 1981 and is based in Sarasota, Florida.
Earnings Per Share
As for profitability, Roper Industries has a trailing twelve months EPS of $11.56.
PE Ratio
Roper Industries has a trailing twelve months price to earnings ratio of 46. Meaning, the purchaser of the share is investing $46 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 8.02%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 7, 2024, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 0.55%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Roper Industries’s EBITDA is 10.77.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.8%, now sitting on 6B for the twelve trailing months.
7. Middlesex Water Company (MSEX)
7.5% sales growth and 8.01% return on equity
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
Earnings Per Share
As for profitability, Middlesex Water Company has a trailing twelve months EPS of $1.84.
PE Ratio
Middlesex Water Company has a trailing twelve months price to earnings ratio of 36.53. Meaning, the purchaser of the share is investing $36.53 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 8.01%.
8. Grand Canyon Education (LOPE)
6.9% sales growth and 31.45% return on equity
Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. The company's technology services include learning management system, internal administration, infrastructure, and support services; academic services comprises program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support include admission, financial aid, and field experience counseling services. It also offers marketing and communication services, such as lead acquisition, digital communications strategy, brand identity, media planning and strategy, video, and data science and analysis services; and back office services comprising finance and accounting, human resources, audit, procurement services. The company, through its subsidiary, Orbis Education Services, LLC, supports healthcare education programs for 22 universities. Grand Canyon Education, Inc. was founded in 1949 and is based in Phoenix, Arizona.
Earnings Per Share
As for profitability, Grand Canyon Education has a trailing twelve months EPS of $6.36.
PE Ratio
Grand Canyon Education has a trailing twelve months price to earnings ratio of 22.42. Meaning, the purchaser of the share is investing $22.42 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 31.45%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Grand Canyon Education’s EBITDA is 4.49.
Moving Average
Grand Canyon Education’s worth is higher than its 50-day moving average of $132.50 and way higher than its 200-day moving average of $116.23.
Volume
Today’s last reported volume for Grand Canyon Education is 83519 which is 63.9% below its average volume of 231396.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 15.3% and 11%, respectively.
