(VIANEWS) – Primoris Services Corporation (PRIM), Comfort Systems USA (FIX), Apollo Medical Holdings (AMEH) 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. Primoris Services Corporation (PRIM)
29.5% sales growth and 11.48% return on equity
Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation. The Pipeline Services segment offers a range of services comprising pipeline construction, maintenance, facility, and integrity services; installation of compressor and pump stations; and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities. The company was founded in 1960 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Primoris Services Corporation has a trailing twelve months EPS of $2.4.
PE Ratio
Primoris Services Corporation has a trailing twelve months price to earnings ratio of 16.22. Meaning, the purchaser of the share is investing $16.22 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 11.48%.
2. Comfort Systems USA (FIX)
25.1% sales growth and 26.62% return on equity
Comfort Systems USA, Inc. provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and renovation, expansion, maintenance, monitoring, repair, and replacement of existing buildings. The company offers its services for heating, ventilation, and air conditioning (HVAC) systems, as well as plumbing, piping and controls, off-site construction, electrical, monitoring, and fire protection. It serves building owners and developers, general contractors, architects, consulting engineers, and property managers in the commercial, industrial, and institutional MEP markets. Comfort Systems USA, Inc. was founded in 1917 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Comfort Systems USA has a trailing twelve months EPS of $8.01.
PE Ratio
Comfort Systems USA has a trailing twelve months price to earnings ratio of 30.02. Meaning, the purchaser of the share is investing $30.02 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 26.62%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Comfort Systems USA’s EBITDA is 42.64.
Moving Average
Comfort Systems USA’s value is way above its 50-day moving average of $206.08 and way above its 200-day moving average of $178.43.
Yearly Top and Bottom Value
Comfort Systems USA’s stock is valued at $240.50 at 15:22 EST, below its 52-week high of $241.37 and way above its 52-week low of $119.76.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23%, now sitting on 4.97B for the twelve trailing months.
3. Apollo Medical Holdings (AMEH)
22.4% sales growth and 9.76% return on equity
Apollo Medical Holdings, Inc., a physician-centric technology-powered healthcare management company, provides medical care services. The company is leveraging its proprietary population health management and healthcare delivery platform, operates an integrated, value-based healthcare model which empowers the providers in its network to deliver care to its patients. It offers care coordination services to patients, families, primary care physicians, specialists, acute care hospitals, alternative sites of inpatient care, physician groups, and health plans. The company's physician network consists of primary care physicians, specialist physicians, and hospitalists. It serves patients, primarily covered by private or public insurance, such as Medicare, Medicaid, and health maintenance organization plans; and non-insured patients in California. The company was founded in 1994 and is headquartered in Alhambra, California.
Earnings Per Share
As for profitability, Apollo Medical Holdings has a trailing twelve months EPS of $1.04.
PE Ratio
Apollo Medical Holdings has a trailing twelve months price to earnings ratio of 37.75. Meaning, the purchaser of the share is investing $37.75 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 9.76%.
Yearly Top and Bottom Value
Apollo Medical Holdings’s stock is valued at $39.26 at 15:22 EST, under its 52-week high of $40.81 and way above its 52-week low of $28.87.
Volume
Today’s last reported volume for Apollo Medical Holdings is 179669 which is 2.93% below its average volume of 185098.
4. UNIVERSAL INSURANCE HOLDINGS (UVE)
13.2% sales growth and 25.59% return on equity
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. It develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. The company also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, a digital agency for carrier partners and utilization of digital applications for adjusting claims. It offers its products through a network of independent agents, as well as direct-to-consumer online solutions, including digital insurance agency. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.
Earnings Per Share
As for profitability, UNIVERSAL INSURANCE HOLDINGS has a trailing twelve months EPS of $2.36.
PE Ratio
UNIVERSAL INSURANCE HOLDINGS 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 25.59%.
Sales Growth
UNIVERSAL INSURANCE HOLDINGS’s sales growth is 12.4% for the present quarter and 13.2% for the next.
5. Watts Water Technologies (WTS)
11% sales growth and 18.63% return on equity
Some better-ranked stocks worth consideration in the broader technology space are Manhattan Associates (MANH Quick QuoteMANH – Free Report) , Watts Water Technologies (WTS Quick QuoteWTS – Free Report) and Microsoft (MSFT Quick QuoteMSFT – Free Report) .
Watts Water Technologies, Inc. supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, and leak detection and protection products for plumbing and hot water applications. It also provides heating, ventilation, and air conditioning and gas products comprising commercial boilers, and water heaters and heating solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products, such as drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial, marine, and residential applications. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, and do-it-yourself and retail chains; and wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.
Earnings Per Share
As for profitability, Watts Water Technologies has a trailing twelve months EPS of $7.82.
PE Ratio
Watts Water Technologies has a trailing twelve months price to earnings ratio of 25.67. Meaning, the purchaser of the share is investing $25.67 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 18.63%.
Moving Average
Watts Water Technologies’s worth is under its 50-day moving average of $202.19 and higher than its 200-day moving average of $184.70.
Sales Growth
Watts Water Technologies’s sales growth is 14.4% for the ongoing quarter and 11% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.1%, now sitting on 2.06B for the twelve trailing months.
Previous days news about Watts Water Technologies(WTS)
- According to Zacks on Tuesday, 20 February, "Some better-ranked stocks worth considering in the broader technology space are Cadence Design Systems (CDNS Quick QuoteCDNS – Free Report) , Woodward (WWD Quick QuoteWWD – Free Report) and Watts Water Technologies (WTS Quick QuoteWTS – Free Report) . ", "Cadence sports a Zacks Rank #1 (Strong Buy), while Watts Water Technologies and Woodward carry a Zacks Rank #2 (Buy). "
- According to Zacks on Thursday, 22 February, "Cadence and Woodward sport a Zacks Rank #1 (Strong Buy), while Watts Water Technologies carries a Zacks Rank #2 (Buy). ", "Some better-ranked stocks worth considering in the broader technology space are Cadence Design Systems (CDNS Quick QuoteCDNS – Free Report) , Woodward (WWD Quick QuoteWWD – Free Report) and Watts Water Technologies (WTS Quick QuoteWTS – Free Report) . "
- According to Zacks on Thursday, 22 February, "Cadence and Woodward sport a Zacks Rank #1 (Strong Buy), while Watts Water Technologies carries a Zacks Rank #2 (Buy). ", "The Zacks Consensus Estimate for Watts Water Technologies fiscal 2024 EPS has improved 0.4% in the past 60 days to $8.35. "
6. Beacon Roofing Supply (BECN)
7.4% sales growth and 20.76% return on equity
Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers. It offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment. The company also provides above grade and below grade membranes and coatings, deck and floor coatings, plaza deck waterproofing products, damp proofing coatings, and air and vapor barriers; tools and equipment, including power and hand tools, ladders and scaffolding, air tools and compressors, nails, screws and fasteners, generators, work wear and safety gear, job site supplies, tool bags and belts, welding and soldering, cleaning supplies, drill bits, and saw blades; and solar panels, mounting hardware, inverters, and storage and batteries. As of December 21, 2022, it operated approximately 470 branches in 50 states of the United States and 6 provinces in Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.
Earnings Per Share
As for profitability, Beacon Roofing Supply has a trailing twelve months EPS of $-1.03.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.76%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Beacon Roofing Supply’s EBITDA is 25.02.
Previous days news about Beacon Roofing Supply(BECN)
- According to Zacks on Thursday, 22 February, "Wall Street analysts expect Beacon Roofing Supply (BECN Quick QuoteBECN – Free Report) to post quarterly earnings of $1.69 per share in its upcoming report, which indicates a year-over-year increase of 38.5%. "
7. Independent Bank Corporation (IBCP)
7.3% sales growth and 15.71% return on equity
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities across Lower Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $2.79.
PE Ratio
Independent Bank Corporation has a trailing twelve months price to earnings ratio of 8.96. Meaning, the purchaser of the share is investing $8.96 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 15.71%.
8. ICON plc (ICLR)
6.3% sales growth and 5.97% return on equity
ICON Public Limited Company, a clinical research organization, provides outsourced development and commercialization services in Ireland, rest of Europe, the United States, and internationally. The company specializes in the strategic development, management, and analysis of programs that support various stages of the clinical development process from compound selection to Phase I-IV clinical studies. It offers clinical development services, including all phases of development, peri and post approval, data solutions, and site and patient access services; and clinical research services, including biostatistics, clinical operations, clinical supplies management, covid-19, data management, decentralized & hybrid clinical solutions, endpoint adjudication services, interactive response technologies, investigator payments, medical affairs, medical writing and publishing, pharmacovigilance, and site and patient solutions. The company also provides laboratory services, including bionanalytical, biomarker, vaccine, good manufacturing practice, and central laboratory services, as well as full-service and functional service partnerships to customers. In addition, it offers commercial positioning, early phase, language, medical imaging, and strategic solutions, as well as clinical trial management, consulting, and contract staffing services. The company serves pharmaceutical, biotechnology, and medical device industries, as well as government and public health organizations. ICON Public Limited Company was incorporated in 1990 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, ICON plc has a trailing twelve months EPS of $6.21.
PE Ratio
ICON plc has a trailing twelve months price to earnings ratio of 46.54. Meaning, the purchaser of the share is investing $46.54 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 5.97%.
Volume
Today’s last reported volume for ICON plc is 575518 which is 9.12% above its average volume of 527404.
Sales Growth
ICON plc’s sales growth is 6.6% for the current quarter and 6.3% for the next.
