(VIANEWS) – Sierra Bancorp (BSRR), Aon plc (AON), Fortinet (FTNT) 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. Sierra Bancorp (BSRR)
97.4% sales growth and 10.85% return on equity
Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. The company accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. Its loan products include agricultural, commercial, consumer, real estate, construction, and mortgage loans. The company also offers automated teller machines; electronic point-of-sale payment alternatives; online and automated telephone banking services; and remote deposit capture and automated payroll services for business customers. As of December 31, 2021, it operated 35 full-service branches, an online branch, a loan production office, an agricultural credit center, and an SBA center. Sierra Bancorp was founded in 1977 and is headquartered in Porterville, California.
Earnings Per Share
As for profitability, Sierra Bancorp has a trailing twelve months EPS of $2.45.
PE Ratio
Sierra Bancorp has a trailing twelve months price to earnings ratio of 11.96. Meaning, the purchaser of the share is investing $11.96 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 10.85%.
Previous days news about Sierra Bancorp(BSRR)
- According to Zacks on Friday, 30 August, "Some better-ranked stocks in the banking space are Northrim BanCorp, Inc. (NRIM Quick QuoteNRIM – Free Report) and Sierra Bancorp (BSRR Quick QuoteBSRR – Free Report) . "
2. Aon plc (AON)
24.2% sales growth and 82.44% return on equity
Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges. The company also provides treaty and facultative reinsurance, as well as insurance-linked securities, capital raising, strategic advice, restructuring, and mergers and acquisitions services; and corporate finance advisory services. In addition, it offers strategic design consulting services on their retirement programs, actuarial services, and risk management services; and advice services on developing and maintaining investment programs across various plan types, including defined benefit plans, defined contribution plans, endowments, and foundations for public and private companies, and other institutions. Aon plc was founded in 1919 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, Aon plc has a trailing twelve months EPS of $12.5.
PE Ratio
Aon plc has a trailing twelve months price to earnings ratio of 24.64. Meaning, the purchaser of the share is investing $24.64 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 82.44%.
Volume
Today’s last reported volume for Aon plc is 584422 which is 41.35% below its average volume of 996518.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 1, 2024, the estimated forward annual dividend rate is 2.7 and the estimated forward annual dividend yield is 0.79%.
Sales Growth
Aon plc’s sales growth for the next quarter is 24.2%.
Yearly Top and Bottom Value
Aon plc’s stock is valued at $308.00 at 11:22 EST, way under its 52-week high of $345.56 and way higher than its 52-week low of $268.06.
3. Fortinet (FTNT)
12.2% sales growth and 430.88% return on equity
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products. The company also provides the Fortinet Unified SASE solutions that include firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security, including web application firewalls, virtualized firewalls, and cloud-native firewalls. In addition, it offers security operations solutions comprising FortiAI generative AI assistant, FortiSIEM security information and event management, FortiSOAR security orchestration, automation and response, FortiEDR endpoint detection and response, FortiXDR extended detection and response, FortiMDR managed detection and response service, FortiNDR network detection and response, FortiRecon digital risk protection, FortiDeceptor deception technology, FortiGuard SoCaaS, FortiSandbox sandboxing, FortiGuard incident response, and other products. Further, the company offers FortiGuard security services consisting of FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training services to customers and channel partners, as well as operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization. It serves enterprise, communication and security service providers, government organizations, and small and medium-sized businesses. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.
Earnings Per Share
As for profitability, Fortinet has a trailing twelve months EPS of $1.46.
PE Ratio
Fortinet has a trailing twelve months price to earnings ratio of 45.51. Meaning, the purchaser of the share is investing $45.51 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 430.88%.
Sales Growth
Fortinet’s sales growth is 10.8% for the ongoing quarter and 12.2% for the next.
Volume
Today’s last reported volume for Fortinet is 4802120 which is 21.25% below its average volume of 6098260.
Moving Average
Fortinet’s value is higher than its 50-day moving average of $64.02 and above its 200-day moving average of $62.85.
Previous days news about Fortinet(FTNT)
- Fortinet stock up 30.3% ytd: can cybersecurity boom fuel more growth?. According to Zacks on Friday, 30 August, "In the second quarter of 2024, Fortinet reported revenues of $1.43 billion, a 10.9% year-over-year increase driven by strong growth in services revenues. "
- All you need to know about fortinet (ftnt) rating upgrade to buy. According to Zacks on Friday, 30 August, "Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Fortinet imply an improvement in the company’s underlying business. ", "The upgrade of Fortinet to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term."
4. United Fire Group (UFCS)
9% sales growth and 5.24% return on equity
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance; and commercial multiple peril and inland marine insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and fidelity and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners. The company sells its products through a network of independent agencies. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa.
Earnings Per Share
As for profitability, United Fire Group has a trailing twelve months EPS of $1.45.
PE Ratio
United Fire Group has a trailing twelve months price to earnings ratio of 13.54. Meaning, the purchaser of the share is investing $13.54 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 5.24%.
Moving Average
United Fire Group’s value is under its 50-day moving average of $20.98 and below its 200-day moving average of $21.59.
