(VIANEWS) – Ormat Technologies (ORA), Kimball Electronics (KE), Martin Marietta Materials (MLM) 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. Ormat Technologies (ORA)
25% sales growth and 4.05% return on equity
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, New Zealand, Honduras, and internationally. The company operates through three segments: Electricity, Product, and Energy Storage and Management Services. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic (PV), and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal, recovered energy-based electricity generation, and remote power units, such as fossil fuel powered turbo-generators and heavy duty direct-current generators. This segment also provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal, solar PV, and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage and Management Services segment offers energy storage, demand response, and energy management related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.
Earnings Per Share
As for profitability, Ormat Technologies has a trailing twelve months EPS of $1.35.
PE Ratio
Ormat Technologies has a trailing twelve months price to earnings ratio of 62.1. Meaning, the purchaser of the share is investing $62.1 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 4.05%.
Yearly Top and Bottom Value
Ormat Technologies’s stock is valued at $83.84 at 01:22 EST, way below its 52-week high of $101.81 and way higher than its 52-week low of $75.62.
Moving Average
Ormat Technologies’s worth is above its 50-day moving average of $83.72 and under its 200-day moving average of $87.18.
2. Kimball Electronics (KE)
21.7% sales growth and 9.73% return on equity
Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets. The company's manufacturing services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services. Its manufacturing services also comprise industrialization and automation of manufacturing processes; reliability testing, including testing of products under a series of environmental conditions; production and testing of printed circuit board assemblies; assembly, production, and packaging of medical disposables and other non-electronic products; design engineering and manufacturing of automation equipment, test and inspection equipment, and precision molded plastics; software design services; and product life cycle management services. The company has operations in the United States, China, Mexico, Poland, Romania, Thailand, and Vietnam. Kimball Electronics, Inc. was founded in 1961 and is headquartered in Jasper, Indiana.
Earnings Per Share
As for profitability, Kimball Electronics has a trailing twelve months EPS of $1.86.
PE Ratio
Kimball Electronics has a trailing twelve months price to earnings ratio of 16.02. Meaning, the purchaser of the share is investing $16.02 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 9.73%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Kimball Electronics’s EBITDA is 33.43.
3. Martin Marietta Materials (MLM)
18% sales growth and 14.2% return on equity
Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials, Inc. was founded in 1939 and is headquartered in Raleigh, North Carolina.
Earnings Per Share
As for profitability, Martin Marietta Materials has a trailing twelve months EPS of $15.22.
PE Ratio
Martin Marietta Materials has a trailing twelve months price to earnings ratio of 30.09. Meaning, the purchaser of the share is investing $30.09 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 14.2%.
Yearly Top and Bottom Value
Martin Marietta Materials’s stock is valued at $457.91 at 01:22 EST, below its 52-week high of $462.70 and way higher than its 52-week low of $298.32.
Sales Growth
Martin Marietta Materials’s sales growth is 19.9% for the current quarter and 18% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10%, now sitting on 5.85B for the twelve trailing months.
4. Merit Medical Systems (MMSI)
12.4% sales growth and 7.6% return on equity
Merit Medical Systems, Inc. manufactures and markets disposable medical devices for interventional, diagnostic, and therapeutic procedures in cardiology, radiology, oncology, critical care, and endoscopy. The company operates in two segments, Cardiovascular and Endoscopy. It provides peripheral intervention products for the diagnosis and treatment of diseases in peripheral vessels and organs; and cardiac intervention products, such as access, angiography, hemostasis, intervention, fluid management, electrophysiology and cardiac rhythm management, and hemodynamic monitoring to treat various heart conditions. The company also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, swab and collection systems, manifold kits, and trays and packs; coated tubes and wires; and sensor components for microelectromechanical systems. In addition, it provides pulmonary products that consist of laser-cut tracheobronchial stents, advanced over-the-wire and direct visualization delivery systems, and dilation balloons; gastroenterology products; and kits and accessories for endoscopy and bronchoscopy procedures. The company sells its products to hospitals and alternate site-based physicians, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, or custom procedure tray manufacturers in the United States and internationally. The company was incorporated in 1987 and is headquartered in South Jordan, Utah.
Earnings Per Share
As for profitability, Merit Medical Systems has a trailing twelve months EPS of $1.46.
PE Ratio
Merit Medical Systems has a trailing twelve months price to earnings ratio of 57.32. Meaning, the purchaser of the share is investing $57.32 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 7.6%.
Moving Average
Merit Medical Systems’s worth is above its 50-day moving average of $83.09 and way higher than its 200-day moving average of $73.09.
5. Cisco (CSCO)
9.7% sales growth and 27.74% return on equity
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points that are standalone, controller appliance-based, switch-converged, and Meraki cloud-managed offerings; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization. In addition, it provides Internet for the future product consists of routed optical networking, 5G, silicon, and optics solutions; collaboration products, such as meetings, collaboration devices, calling, contact center, and communication platform as a service; end-to-end security product consists of network security, cloud security, security endpoints, unified threat management, and zero trust; and optimized application experiences products including full stack observability and cloud-native platform. Further, the company offers a range of service and support options for its customers, including technical support and advanced services and advisory services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products and services directly, as well as through systems integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. has strategic alliances with other companies. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Cisco has a trailing twelve months EPS of $2.79.
PE Ratio
Cisco has a trailing twelve months price to earnings ratio of 18.86. Meaning, the purchaser of the share is investing $18.86 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 27.74%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 4, 2023, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 3.06%.
Previous days news about Cisco(CSCO)
- Cisco systems (csco) stock moves -0.11%: what you should know. According to Zacks on Thursday, 20 July, "In terms of valuation, Cisco Systems is currently trading at a Forward P/E ratio of 13.78. ", "For comparison, its industry has an average Forward P/E of 19.86, which means Cisco Systems is trading at a discount to the group."
6. Raymond James Financial (RJF)
7.6% sales growth and 18.04% return on equity
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party product partners, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, including equity underwriting, debt underwriting, and merger and acquisition advisory services; and fixed income and equity brokerage services. The Asset Management segment offers asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Raymond James Bank segment provides insured deposit accounts; commercial and industrial, commercial real estate (CRE) and CRE construction, tax-exempt, residential mortgage, securities-based, and other loans; loan syndication services; and liquidity management products and services. The Other segment engages in the private equity investments, including invests in third-party funds. The company was founded in 1962 and is headquartered in St. Petersburg, Florida.
Earnings Per Share
As for profitability, Raymond James Financial has a trailing twelve months EPS of $7.69.
PE Ratio
Raymond James Financial has a trailing twelve months price to earnings ratio of 14.32. Meaning, the purchaser of the share is investing $14.32 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 18.04%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 29, 2023, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 1.6%.
Yearly Top and Bottom Value
Raymond James Financial’s stock is valued at $110.13 at 01:22 EST, way below its 52-week high of $126.00 and way higher than its 52-week low of $82.00.
Sales Growth
Raymond James Financial’s sales growth is 7.1% for the present quarter and 7.6% for the next.
