ONEOK And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – ONEOK (OKE), Microsoft (MSFT), Chemed Corp (CHE) 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. ONEOK (OKE)

26.5% sales growth and 23.14% return on equity

ONEOK, Inc. engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Nebraska, Iowa, and Illinois; NGL distribution pipelines in Kansas, Nebraska, Iowa, Illinois, and Indiana; transports refined petroleum products, including unleaded gasoline and diesel; and owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, the company transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities. Further, it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space and rail cars. Additionally, the company transports, stores, and distributes refined products, NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending and marketing activities. It serves integrated and independent exploration and production companies; other NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; natural gasoline distributors; propane distributors; municipalities; ethanol producers; petrochemical, refining, and marketing companies; and heating fuel users, refineries, and exporters. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, ONEOK has a trailing twelve months EPS of $5.48.

PE Ratio

ONEOK has a trailing twelve months price to earnings ratio of 14.57. Meaning, the purchaser of the share is investing $14.57 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 23.14%.

2. Microsoft (MSFT)

14.9% sales growth and 39.17% return on equity

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services. This segment also provides LinkedIn; and dynamics business solutions, including Dynamics 365, a set of intelligent, cloud-based applications across ERP, CRM, power apps, and power automate; and on-premises ERP and CRM applications. The Intelligent Cloud segment offers server products and cloud services, such as azure and other cloud services; SQL and windows server, visual studio, system center, and related client access licenses, as well as nuance and GitHub; and enterprise services including enterprise support services, industry solutions, and nuance professional services. The More Personal Computing segment offers Windows, including windows OEM licensing and other non-volume licensing of the Windows operating system; Windows commercial comprising volume licensing of the Windows operating system, windows cloud services, and other Windows commercial offerings; patent licensing; and windows Internet of Things; and devices, such as surface, HoloLens, and PC accessories. Additionally, this segment provides gaming, which includes Xbox hardware and content, and first- and third-party content; Xbox game pass and other subscriptions, cloud gaming, advertising, third-party disc royalties, and other cloud services; and search and news advertising, which includes Bing, Microsoft News and Edge, and third-party affiliates. The company sells its products through OEMs, distributors, and resellers; and directly through digital marketplaces, online, and retail stores. The company was founded in 1975 and is headquartered in Redmond, Washington.

Earnings Per Share

As for profitability, Microsoft has a trailing twelve months EPS of $11.04.

PE Ratio

Microsoft has a trailing twelve months price to earnings ratio of 38.61. Meaning, the purchaser of the share is investing $38.61 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 39.17%.

Moving Average

Microsoft’s value is higher than its 50-day moving average of $398.68 and way above its 200-day moving average of $355.13.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17.6%, now sitting on 227.58B for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Microsoft’s EBITDA is 13.29.

Previous days news about Microsoft(MSFT)

  • According to FXStreet on Monday, 8 April, "Analysis and Trading Strategies Using Elliott Wave Theory on NASDAQ Stock Market: Focusing on NASDAQ 100, S&P 500, and Key Stocks Including Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), and Alphabet (GOOGL)."
  • According to FXStreet on Tuesday, 9 April, "Both Amazon (AMZN) and Microsoft (MSFT) have previously designed their own CPUs in order to differentiate each of their cloud platforms."

3. Chemed Corp (CHE)

7.9% sales growth and 28.59% return on equity

Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers in the United States. It operates in two segments, VITAS and Roto-Rooter. The company also offers plumbing, drain cleaning, water restoration, and other related services to residential and commercial customers through company-owned branches and independent contractors, and franchised locations. Chemed Corporation was incorporated in 1970 and is headquartered in Cincinnati, Ohio.

Earnings Per Share

As for profitability, Chemed Corp has a trailing twelve months EPS of $17.91.

PE Ratio

Chemed Corp has a trailing twelve months price to earnings ratio of 35.39. Meaning, the purchaser of the share is investing $35.39 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 28.59%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.2%, now sitting on 2.26B for the twelve trailing months.

Volume

Today’s last reported volume for Chemed Corp is 43621 which is 46.43% below its average volume of 81440.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Chemed Corp’s EBITDA is 66.47.

Yearly Top and Bottom Value

Chemed Corp’s stock is valued at $633.81 at 01:22 EST, below its 52-week high of $654.62 and way higher than its 52-week low of $492.84.

4. Allianceberstein Holding L.P. Units (AB)

6.7% sales growth and 12.73% return on equity

AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.

Earnings Per Share

As for profitability, Allianceberstein Holding L.P. Units has a trailing twelve months EPS of $2.34.

PE Ratio

Allianceberstein Holding L.P. Units has a trailing twelve months price to earnings ratio of 14.79. Meaning, the purchaser of the share is investing $14.79 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 12.73%.

Volume

Today’s last reported volume for Allianceberstein Holding L.P. Units is 387017 which is 11.66% above its average volume of 346586.

Moving Average

Allianceberstein Holding L.P. Units’s value is higher than its 50-day moving average of $33.59 and higher than its 200-day moving average of $31.52.

5. Fastenal Company (FAST)

5.7% sales growth and 35.47% return on equity

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Earnings Per Share

As for profitability, Fastenal Company has a trailing twelve months EPS of $2.02.

PE Ratio

Fastenal Company has a trailing twelve months price to earnings ratio of 37.57. Meaning, the purchaser of the share is investing $37.57 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 35.47%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 1.9% and 7.7%, respectively.

6. Ritchie Bros. Auctioneers Incorporated (RBA)

5.6% sales growth and 6.06% return on equity

Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.

Earnings Per Share

As for profitability, Ritchie Bros. Auctioneers Incorporated has a trailing twelve months EPS of $1.04.

PE Ratio

Ritchie Bros. Auctioneers Incorporated has a trailing twelve months price to earnings ratio of 71.82. Meaning, the purchaser of the share is investing $71.82 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 6.06%.

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