(VIANEWS) – SolarEdge Technologies (SEDG), Opera Limited (OPRA), Cummins (CMI) 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. SolarEdge Technologies (SEDG)
27% sales growth and 9.13% return on equity
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. It operates through five segments: Solar, Energy Storage, e-Mobility, Critical Power, and Automation Machines. The company offers inverters, power optimizers, communication devices, and smart energy management solutions used in residential, commercial, and small utility-scale solar installations; and a cloud-based monitoring platform that collects and processes information from the power optimizers and inverters, as well as monitors and manages the solar PV system. It also provides residential, commercial, and large scale PV, energy storage and backup, electric vehicle charging, and home energy management solutions, as well as grid services; and e-Mobility, automation machines, lithium-ion cells and battery packs, and uninterrupted power supply solutions, as well as virtual power plants, which helps to manage the load on the grid and grid stability. In addition, the company offers pre-sales support, ongoing trainings, and technical support and after installation services. The company sells its products to the providers of solar PV systems; and solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. was founded in 2006 and is headquartered in Herzliya, Israel.
Earnings Per Share
As for profitability, SolarEdge Technologies has a trailing twelve months EPS of $3.36.
PE Ratio
SolarEdge Technologies has a trailing twelve months price to earnings ratio of 72.7. Meaning, the purchaser of the share is investing $72.7 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 9.13%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 44.1%, now sitting on 3.4B for the twelve trailing months.
Sales Growth
SolarEdge Technologies’s sales growth is 36.1% for the current quarter and 27% for the next.
Yearly Top and Bottom Value
SolarEdge Technologies’s stock is valued at $244.26 at 20:23 EST, way below its 52-week high of $375.90 and way above its 52-week low of $190.15.
2. Opera Limited (OPRA)
21.2% sales growth and 4.35% return on equity
Opera Limited, together with its subsidiaries, provides mobile and PC web browsers. The company offers mobile browser products, such as Opera Mini, Opera for Android, and Opera Touch; PC browsers, including Opera for Computers and Opera GX; Opera News, a personalized news aggregation app; and Okash, a microfinance app. It operates in India, Ireland, Kenya, Russia, and internationally. The company was founded in 1996 and is headquartered in Oslo, Norway. As of January 13, 2021, Opera Limited (NasdaqGS : OPRA) operates as subsidiary of Kunlun Tech Limited.
Earnings Per Share
As for profitability, Opera Limited has a trailing twelve months EPS of $0.4.
PE Ratio
Opera Limited has a trailing twelve months price to earnings ratio of 45.62. Meaning, the purchaser of the share is investing $45.62 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 4.35%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 633.3% and 80%, respectively.
3. Cummins (CMI)
19.7% sales growth and 25.35% return on equity
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Earnings Per Share
As for profitability, Cummins has a trailing twelve months EPS of $17.74.
PE Ratio
Cummins has a trailing twelve months price to earnings ratio of 13.47. Meaning, the purchaser of the share is investing $13.47 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 25.35%.
Volume
Today’s last reported volume for Cummins is 166572 which is 82.96% below its average volume of 977658.
Yearly Top and Bottom Value
Cummins’s stock is valued at $239.04 at 20:23 EST, below its 52-week high of $261.91 and way above its 52-week low of $200.40.
Moving Average
Cummins’s worth is above its 50-day moving average of $236.28 and higher than its 200-day moving average of $238.41.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 23, 2023, the estimated forward annual dividend rate is 6.72 and the estimated forward annual dividend yield is 2.6%.
4. Progressive Corporation (PGR)
16.5% sales growth and 10.78% return on equity
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance. The company offers policy issuance and claims adjusting services; and acts as an agent to homeowners, general liability, workers' compensation insurance, and other products. It also provides reinsurance services. The company sells its products through independent insurance agencies, as well as through mobile applications and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.
Earnings Per Share
As for profitability, Progressive Corporation has a trailing twelve months EPS of $2.92.
PE Ratio
Progressive Corporation has a trailing twelve months price to earnings ratio of 43.82. Meaning, the purchaser of the share is investing $43.82 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 10.78%.
Moving Average
Progressive Corporation’s value is below its 50-day moving average of $129.03 and below its 200-day moving average of $132.49.
Revenue Growth
Year-on-year quarterly revenue growth grew by 33.3%, now sitting on 55.88B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 5, 2023, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 0.32%.
5. America Movil (AMX)
14.2% sales growth and 23.01% return on equity
América Móvil, S.A.B. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including Internet access, messaging and other wireless entertainment, and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services. In addition, the company offers residential broadband services; IT solutions to small businesses and large corporations; and cable and satellite television subscriptions. Further, it sells equipment, accessories, and computers; and offers telephone directories, wireless security, call center, advertising, media, and software development services. Additionally, the company provides video, audio, and other media content through the Internet directly from the content provider to the end user. It sells its products and services under the Telcel, Telmex Infinitum, and A1 brands through a network of retailers and service centers to retail customers; and through sales force to corporate customers. América Móvil, S.A.B. de C.V. was incorporated in 2000 and is based in Mexico City, Mexico.
Earnings Per Share
As for profitability, America Movil has a trailing twelve months EPS of $1.77.
PE Ratio
America Movil has a trailing twelve months price to earnings ratio of 10.87. Meaning, the purchaser of the share is investing $10.87 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 23.01%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 12, 2023, the estimated forward annual dividend rate is 0.71 and the estimated forward annual dividend yield is 3.32%.
Yearly Top and Bottom Value
America Movil’s stock is valued at $19.25 at 20:23 EST, way below its 52-week high of $23.07 and way above its 52-week low of $16.13.
Volume
Today’s last reported volume for America Movil is 885286 which is 32.42% below its average volume of 1310070.
Previous days news about America Movil(AMX)
- Zacks.com featured highlights autonation, suzano, kla, nexstar media and america movil. According to Zacks on Wednesday, 9 August, "América Móvil: Based in Mexico City, America Movil is the leading provider of integrated telecommunications services in Latin America. "
6. Jack Henry & Associates (JKHY)
6% sales growth and 24.37% return on equity
Jack Henry & Associates, Inc. provides technology solutions and payment processing services primarily for financial services organizations in the United States. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions under the Jack Henry Banking brand; core data processing solutions for various credit unions under the Symitar brand; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial institutions and corporate entities under the ProfitStars brand. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary products and services that enable core bank and credit union clients to respond to evolving customer/member demands. The company's Jack Henry Banking business brand offers SilverLake, a robust primarily designed for commercial-focused banks; CIF 20/20, a parameter-driven, easy-to-use system for banks; and Core Director, a cost-efficient system with point-and-click operation. Its Symitar business brand provides Episys, a robust designed for credit unions; and CruiseNet, a cost-efficient system designed primarily for credit unions. In addition, the company offers electronic payment solutions; purchases and resells hardware systems, including servers, workstations, scanners, and other devices; and provides implementation, training, and support services. Jack Henry & Associates, Inc. was founded in 1976 and is headquartered in Monett, Missouri.
Earnings Per Share
As for profitability, Jack Henry & Associates has a trailing twelve months EPS of $4.78.
PE Ratio
Jack Henry & Associates has a trailing twelve months price to earnings ratio of 35.36. Meaning, the purchaser of the share is investing $35.36 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 24.37%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 7.3% and 4.8%, respectively.
Yearly Top and Bottom Value
Jack Henry & Associates’s stock is valued at $169.04 at 20:23 EST, way below its 52-week high of $212.62 and way higher than its 52-week low of $139.28.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 24, 2023, the estimated forward annual dividend rate is 2.08 and the estimated forward annual dividend yield is 1.22%.
