(VIANEWS) – Open Text Corporation (OTEX), Arista Networks (ANET), Cathay General Bancorp (CATY) 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)
66.2% 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 $1.21.
PE Ratio
Open Text Corporation has a trailing twelve months price to earnings ratio of 30.31. Meaning, the purchaser of the share is investing $30.31 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%.
2. Arista Networks (ANET)
38.1% sales growth and 28.23% return on equity
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.
Earnings Per Share
As for profitability, Arista Networks has a trailing twelve months EPS of $7.99.
PE Ratio
Arista Networks has a trailing twelve months price to earnings ratio of 20.89. Meaning, the purchaser of the share is investing $20.89 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 28.23%.
Previous days news about Arista Networks(ANET)
- According to Zacks on Tuesday, 4 April, "Some better-ranked stocks in the broader technology space are Arista Networks (ANET Quick QuoteANET – Free Report) , Perion Network (PERI Quick QuotePERI – Free Report) and Pegasystems (PEGA Quick QuotePEGA – Free Report) , each presently sporting a Zacks Rank #1 (Strong Buy). "
- According to Zacks on Tuesday, 4 April, "Some other top-ranked stocks in the broader technology space are Arista Networks (ANET Quick QuoteANET – Free Report) , Perion Network (PERI Quick QuotePERI – Free Report) and Pegasystems (PEGA Quick QuotePEGA – Free Report) , each presently sporting a Zacks Rank #1."
- Zacks investment ideas feature highlights: credit suisse, arista networks, docusign and infineon. According to Zacks on Monday, 3 April, "Chicago, IL - April 3, 2023 - Today, Zacks Investment Ideas feature highlights Credit Suisse (CS Quick QuoteCS – Free Report) , Arista Networks (ANET Quick QuoteANET – Free Report) , DocuSign (DOCU Quick QuoteDOCU – Free Report) and Infineon Technologies (IFNNY Quick QuoteIFNNY – Free Report) .", "Sporting a Zacks Rank #1 (Strong Buy), Arista Networks is a cloud networking solutions provider for data centers and cloud computing environments."
- According to Zacks on Tuesday, 4 April, "Some better-ranked stocks in the broader technology space are Arista Networks (ANET Quick QuoteANET – Free Report) , Perion Network (PERI Quick QuotePERI – Free Report) and Pegasystems (PEGA Quick QuotePEGA – Free Report) , each presently sporting a Zacks Rank #1 (Strong Buy). "
- According to Zacks on Tuesday, 4 April, "Some better-ranked stocks in the broader technology sector are Arista Networks (ANET Quick QuoteANET – Free Report) and Salesforce (CRM Quick QuoteCRM – Free Report) . ", "Both Arista Networks and Salesforce sport a Zacks Rank #1 (Strong Buy), at present. "
3. Cathay General Bancorp (CATY)
10.5% sales growth and 14.66% return on equity
Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. As of March 1, 2022, it operated 31 branches in Southern California, 16 branches in Northern California, 10 branches in New York, four branches in Washington, two branches in Illinois, and two branches in Texas, as well as one branch each in Maryland, Massachusetts, Nevada, and New Jersey, and Hong Kong; and a representative office each in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, Cathay General Bancorp has a trailing twelve months EPS of $4.9.
PE Ratio
Cathay General Bancorp has a trailing twelve months price to earnings ratio of 7.04. Meaning, the purchaser of the share is investing $7.04 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 14.66%.
Volume
Today’s last reported volume for Cathay General Bancorp is 485326 which is 27.78% above its average volume of 379795.
Moving Average
Cathay General Bancorp’s worth is way below its 50-day moving average of $40.92 and way below its 200-day moving average of $41.84.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 23, 2023, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 3.99%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.7%, now sitting on 775.97M for the twelve trailing months.
4. Amphastar Pharmaceuticals (AMPH)
9.3% sales growth and 18.76% return on equity
Amphastar Pharmaceuticals, Inc., a bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France. The company operates through two segments, Finished Pharmaceutical Products and API. It offers Primatene Mist, an over-the-counter epinephrine inhalation product for the temporary relief of mild symptoms of intermittent asthma; Enoxaparin, a low molecular weight heparin to prevent and treat deep vein thrombosis; Naloxone for opioid overdose; Glucagon for injection emergency kit; and Cortrosyn, a lyophilized powder for use as a diagnostic agent in the screening of patients with adrenocortical insufficiency. The company also provides Amphadase, a bovine-sourced hyaluronidase injection to absorb and disperse other injected drugs; Epinephrine injection for the emergency treatment of allergic reactions; lidocaine jelly, an anesthetic product for urological procedures; lidocaine topical solution for various procedures; phytonadione injection, a vitamin K1 injection for newborn babies; emergency syringe products for emergency use in hospital settings; morphine injection for use with patient controlled analgesia pumps; and lorazepam injection for surgery and medical procedures. In addition, it offers neostigmine methylsulfate injection to treat myasthenia gravis and to reverse the effects of muscle relaxants; and Isoproterenol hydrochloride injection for mild or transient episodes of heart block. Further, the company distributes recombinant human insulin active pharmaceutical ingredients (API) and porcine insulin API. It serves hospitals, care facilities, alternate care sites, clinics, and doctors' offices. The company was founded in 1996 and is headquartered in Rancho Cucamonga, California.
Earnings Per Share
As for profitability, Amphastar Pharmaceuticals has a trailing twelve months EPS of $1.72.
PE Ratio
Amphastar Pharmaceuticals has a trailing twelve months price to earnings ratio of 21.8. Meaning, the purchaser of the share is investing $21.8 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 18.76%.
Yearly Top and Bottom Value
Amphastar Pharmaceuticals’s stock is valued at $37.50 at 01:22 EST, way below its 52-week high of $44.46 and way above its 52-week low of $26.76.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.7%, now sitting on 498.99M for the twelve trailing months.
Moving Average
Amphastar Pharmaceuticals’s value is way above its 50-day moving average of $33.82 and way above its 200-day moving average of $31.55.
Volume
Today’s last reported volume for Amphastar Pharmaceuticals is 307606 which is 13.21% above its average volume of 271691.
5. Simmons First National Corporation (SFNC)
6.6% sales growth and 7.87% return on equity
Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. It offers checking, savings, and time deposits; consumer, real estate, and commercial loans; agricultural finance, equipment, and small business administration lending; trust and fiduciary services; credit cards; investment management products; insurance products; and securities and investment services. The company also provides ATM services; Internet and mobile banking platforms; overdraft facilities; and safe deposit boxes. As of January 27, 2022, the company operated through 199 financial centers in Arkansas, Missouri, Tennessee, Texas, Oklahoma, and Kansas. Simmons First National Corporation was founded in 1903 and is headquartered in Pine Bluff, Arkansas.
Earnings Per Share
As for profitability, Simmons First National Corporation has a trailing twelve months EPS of $1.98.
PE Ratio
Simmons First National Corporation has a trailing twelve months price to earnings ratio of 9.14. Meaning, the purchaser of the share is investing $9.14 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 7.87%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 13, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 4.26%.
Sales Growth
Simmons First National Corporation’s sales growth is 25.5% for the current quarter and 6.6% for the next.
Volume
Today’s last reported volume for Simmons First National Corporation is 2541280 which is 348.54% above its average volume of 566558.
6. Camden Property Trust (CPT)
6.1% sales growth and 14.19% return on equity
Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 167 properties containing 56,850 apartment homes across the United States. Upon completion of 7 properties currently under development, the Company's portfolio will increase to 59,104 apartment homes in 174 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 13 consecutive years, most recently ranking #18. The Company also received a Glassdoor Employees' Choice Award in 2020, ranking #25 for large U.S. companies.
Earnings Per Share
As for profitability, Camden Property Trust has a trailing twelve months EPS of $1.12.
PE Ratio
Camden Property Trust has a trailing twelve months price to earnings ratio of 89.29. Meaning, the purchaser of the share is investing $89.29 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 14.19%.
7. REX American Resources Corporation (REX)
5.6% sales growth and 10.9% return on equity
REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, non-food grade corn oil, gasoline, and natural gas. In addition, the company provides dry distillers grains with solubles, which is used as a protein in animal feed. The company was formerly known as REX Stores Corporation and changed its name to REX American Resources Corporation in 2010. REX American Resources Corporation was founded in 1980 and is headquartered in Dayton, Ohio.
Earnings Per Share
As for profitability, REX American Resources Corporation has a trailing twelve months EPS of $0.49.
PE Ratio
REX American Resources Corporation has a trailing twelve months price to earnings ratio of 59.03. Meaning, the purchaser of the share is investing $59.03 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 10.9%.
Sales Growth
REX American Resources Corporation’s sales growth is 1.5% for the ongoing quarter and 5.6% for the next.
