(VIANEWS) – RadNet (RDNT), The Hershey Company (HSY), Alphabet (GOOG) 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. RadNet (RDNT)
11% sales growth and 8.02% return on equity
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems for the diagnostic imaging industry, including picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretation of images in the field of mammography, as well as AI solutions for lung and prostate cancer. As of December 31, 2021, it owned and managed 347 centers in Arizona, California, Delaware, Florida, Maryland, New Jersey, and New York. The company was founded in 1981 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, RadNet has a trailing twelve months EPS of $0.17.
PE Ratio
RadNet has a trailing twelve months price to earnings ratio of 166.24. Meaning, the purchaser of the share is investing $166.24 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 8.02%.
Moving Average
RadNet’s value is above its 50-day moving average of $25.77 and way above its 200-day moving average of $21.28.
2. The Hershey Company (HSY)
8.6% sales growth and 53.3% return on equity
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.
Earnings Per Share
As for profitability, The Hershey Company has a trailing twelve months EPS of $8.23.
PE Ratio
The Hershey Company has a trailing twelve months price to earnings ratio of 31.31. Meaning, the purchaser of the share is investing $31.31 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 53.3%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.1%, now sitting on 10.74B for the twelve trailing months.
3. Alphabet (GOOG)
7.4% sales growth and 22.76% return on equity
Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment offers products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, platform, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded in 1998 and is headquartered in Mountain View, California.
Earnings Per Share
As for profitability, Alphabet has a trailing twelve months EPS of $4.59.
PE Ratio
Alphabet has a trailing twelve months price to earnings ratio of 27.33. Meaning, the purchaser of the share is investing $27.33 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 22.76%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 10.7% and 26.4%, respectively.
Volume
Today’s last reported volume for Alphabet is 24388100 which is 13.03% below its average volume of 28044300.
Moving Average
Alphabet’s worth is way above its 50-day moving average of $109.10 and way above its 200-day moving average of $101.36.
Previous days news about Alphabet(GOOG)
- The zacks analyst blog highlights Alphabet, raytheon, blackstone, SAP SE and CVS health. According to Zacks on Wednesday, 24 May, "Today’s Research Daily features new research reports on 16 major stocks, including Alphabet Inc., Raytheon Technologies Corp. and Blackstone Inc. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.", "Also, its growing litigation issues and increasing expenses are concerns.(You can read the full research report on Alphabet here >>>)Shares of Raytheon Technologies have gained +5.0% over the past year against the Zacks Aerospace – Defense Equipment industry’s gain of +8.6%. "
- According to Business Insider on Wednesday, 24 May, "However, Alphabet is well positioned with Cloud, YouTube, and 14 different products that serve over 500 million people, placing Alphabet well across nearly all digital tailwinds. "
- According to Zacks on Wednesday, 24 May, "In fact, the five biggest stocks on the S&P 500 - Nvidia, Microsoft, Amazon (AMZN), Alphabet (GOOGL) and Apple (AAPL) - are from the tech sector and now worth nearly $9 trillion. "
4. First Bancorp (FBNC)
6.9% sales growth and 10.6% return on equity
First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, it provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, the company offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina.
Earnings Per Share
As for profitability, First Bancorp has a trailing twelve months EPS of $3.54.
PE Ratio
First Bancorp has a trailing twelve months price to earnings ratio of 8.84. Meaning, the purchaser of the share is investing $8.84 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 10.6%.
5. MYR Group (MYRG)
6.3% sales growth and 15.42% return on equity
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates through two segments, Transmission and Distribution, and Commercial and Industrial. The company's Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry. Its services include construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, and renewable power facilities; and limited gas construction services, as well as emergency restoration services in response to hurricane, ice, or other storm related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. Its Commercial and Industrial segment provides services, such as design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting. This segment offers its services for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. It serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Henderson, Colorado.
Earnings Per Share
As for profitability, MYR Group has a trailing twelve months EPS of $5.
PE Ratio
MYR Group has a trailing twelve months price to earnings ratio of 26.85. Meaning, the purchaser of the share is investing $26.85 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 15.42%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MYR Group’s EBITDA is 0.67.
Volume
Today’s last reported volume for MYR Group is 60077 which is 59.02% below its average volume of 146626.
Moving Average
MYR Group’s worth is above its 50-day moving average of $123.57 and way higher than its 200-day moving average of $101.07.
Previous days news about MYR Group(MYRG)
- According to Zacks on Thursday, 25 May, "Some better-ranked stocks for investors interested in the utilitysector are Pampa Energia (PAM Quick QuotePAM – Free Report) , sporting a Zacks Rank #1 (Strong Buy), and E.ON (EONGY Quick QuoteEONGY – Free Report) and MYR Group (MYRG Quick QuoteMYRG – Free Report) , both holding a Zacks Rank #2 (Buy) at present. "
- Here's why you should add MYR group (myrg) to your portfolio. According to Zacks on Friday, 26 May, "This indicates that MYR Group has been utilizing the funds more constructively than its peers in the sector."
