(VIANEWS) – Open Text Corporation (OTEX), Calix (CALX), Bank of America (BAC) 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. Open Text Corporation (OTEX)
64.5% sales growth and 7.72% return on equity
Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.
Earnings Per Share
As for profitability, Open Text Corporation has a trailing twelve months EPS of $1.17.
PE Ratio
Open Text Corporation has a trailing twelve months price to earnings ratio of 29.3. Meaning, the purchaser of the share is investing $29.3 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 7.72%.
Moving Average
Open Text Corporation’s value is above its 50-day moving average of $32.44 and above its 200-day moving average of $33.34.
Yearly Top and Bottom Value
Open Text Corporation’s stock is valued at $34.28 at 15:22 EST, way below its 52-week high of $44.10 and way above its 52-week low of $24.91.
2. Calix (CALX)
23.4% sales growth and 6.57% return on equity
Calix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services in the United States, the Middle East, Canada, Europe, the Caribbean, and internationally. The company's cloud and software platforms, and systems and services enable communication service providers (CSPs) to provide a range of services. It provides Calix Cloud platform, a role-based analytics platform comprising Calix Marketing Cloud, Calix Support Cloud, and Calix Operations Cloud, which are configurable to display role-based insights and enable CSPs to anticipate and target new revenue-generating services and applications through mobile application. The company also offers EXOS, a carrier class smart home and business operating system that supports residential, business, and mobile subscribers; and AXOS, an operating system for access networks that allows a service provider to deliver all services on a single, elastic, converged access network that is always on, simple to operate, and quick to deploy. It offers its products through its direct sales force and resellers. Calix, Inc. was incorporated in 1999 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Calix has a trailing twelve months EPS of $0.59.
PE Ratio
Calix has a trailing twelve months price to earnings ratio of 88.8. Meaning, the purchaser of the share is investing $88.8 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 6.57%.
Volume
Today’s last reported volume for Calix is 574195 which is 21.32% below its average volume of 729832.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Calix’s EBITDA is 3.74.
Sales Growth
Calix’s sales growth is 32.8% for the current quarter and 23.4% for the next.
3. Bank of America (BAC)
11.8% sales growth and 10.13% return on equity
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Bank of America has a trailing twelve months EPS of $2.33.
PE Ratio
Bank of America has a trailing twelve months price to earnings ratio of 14.15. Meaning, the purchaser of the share is investing $14.15 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 10.13%.
Moving Average
Bank of America’s value is under its 50-day moving average of $34.49 and under its 200-day moving average of $34.16.
Previous days news about Bank of America(BAC)
- According to DailyForex on Monday, 6 March, "For their part, economists at Bank of America Corp., led by Michael Gapin, said in a report: "If the data shows that the re-acceleration at the beginning of the year did not last long, the US Federal Reserve’s narrative will become a lot easier." and "A little bit of bad news will be good news for the Fed."
4. Netflix (NFLX)
6.6% sales growth and 24.53% return on equity
This makes HBO the second most expensive OTT platform after its rival Netflix (NFLX Quick QuoteNFLX – Free Report) , whose monthly plans are at $19.99.
Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. The company has approximately 231 million paid members in 190 countries. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.
Earnings Per Share
As for profitability, Netflix has a trailing twelve months EPS of $8.26.
PE Ratio
Netflix has a trailing twelve months price to earnings ratio of 37.41. Meaning, the purchaser of the share is investing $37.41 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 24.53%.
Yearly Top and Bottom Value
Netflix’s stock is valued at $309.11 at 15:22 EST, way under its 52-week high of $396.50 and way higher than its 52-week low of $162.71.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 19.3% and a negative 4.4%, respectively.
Moving Average
Netflix’s value is under its 50-day moving average of $331.89 and way higher than its 200-day moving average of $259.57.
