(VIANEWS) – Star Bulk Carriers Corp. (SBLK), InterDigital (IDCC), ANI Pharmaceuticals (ANIP) 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. Star Bulk Carriers Corp. (SBLK)
34.8% sales growth and 11.87% return on equity
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of December 31, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 24 Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.
Earnings Per Share
As for profitability, Star Bulk Carriers Corp. has a trailing twelve months EPS of $2.7.
PE Ratio
Star Bulk Carriers Corp. has a trailing twelve months price to earnings ratio of 7.67. Meaning, the purchaser of the share is investing $7.67 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 11.87%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 47.8%, now sitting on 1.1B for the twelve trailing months.
Moving Average
Star Bulk Carriers Corp.’s value is under its 50-day moving average of $22.74 and under its 200-day moving average of $22.96.
2. InterDigital (IDCC)
20.1% sales growth and 42.79% return on equity
InterDigital, Inc. operates as a global research and development company with focus primarily on wireless, visual, and related technologies. It designs and develops technologies that enable connected in a range of communications and entertainment products and services. It licenses or intend to license its innovations to companies providing products and services, including wireless communications, consumer electronics, personal computer, and automotive, as well as cloud-based services, such as video streaming. It designs and develops a range of innovations for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, 5G, and IEEE 802-related products and networks. The company also develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G, 5G, advanced and 6G, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. In addition, it provides video coding and transmission technologies; and engages in the research and development of artificial intelligence. Further, the company's patented technologies are used in various products that include smartphones, tablets, consumer electronics, and base stations; televisions, laptops, gaming consoles, set-top boxes, streaming devices, and connected automobiles. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.
Earnings Per Share
As for profitability, InterDigital has a trailing twelve months EPS of $9.96.
PE Ratio
InterDigital has a trailing twelve months price to earnings ratio of 13.91. Meaning, the purchaser of the share is investing $13.91 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 42.79%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 85.5% and a negative 35.5%, respectively.
Yearly Top and Bottom Value
InterDigital’s stock is valued at $138.56 at 01:22 EST, below its 52-week high of $140.60 and way above its 52-week low of $74.65.
3. ANI Pharmaceuticals (ANIP)
19.9% sales growth and 5.9% return on equity
ANI Pharmaceuticals, Inc., a biopharmaceutical company, develops, manufactures, and markets branded and generic prescription pharmaceuticals in the United States and Canada. It focuses on producing controlled substances, oncology products, hormones and steroids, injectables, and other formulations. The company manufactures oral solid dose products; semi-solids, liquids, and topicals; and potent products, as well as performs contract development and manufacturing of pharmaceutical products for other companies. It markets its products through retail pharmacy chains, wholesalers, distributors and mail order pharmacies, and group purchasing organizations. The company was incorporated in 2001 and is headquartered in Baudette, Minnesota.
Earnings Per Share
As for profitability, ANI Pharmaceuticals has a trailing twelve months EPS of $1.19.
PE Ratio
ANI Pharmaceuticals has a trailing twelve months price to earnings ratio of 52.48. Meaning, the purchaser of the share is investing $52.48 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 5.9%.
Sales Growth
ANI Pharmaceuticals’s sales growth is 6.5% for the ongoing quarter and 19.9% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 14.2% and positive 31% for the next.
4. Range Resources Corporation (RRC)
17.1% sales growth and 13.25% return on equity
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), crude oil, and condensate company in the United States. The company engages in the exploration, development, and acquisition of natural gas and crude oil properties located in the Appalachian region. It sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum Inc. and changed its name to Range Resources Corporation in August 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.
Earnings Per Share
As for profitability, Range Resources Corporation has a trailing twelve months EPS of $1.99.
PE Ratio
Range Resources Corporation has a trailing twelve months price to earnings ratio of 14.95. Meaning, the purchaser of the share is investing $14.95 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 13.25%.
Sales Growth
Range Resources Corporation’s sales growth is 23.5% for the current quarter and 17.1% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 1.08%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 8.7% and 4.8%, respectively.
5. Myers Industries (MYE)
12.8% sales growth and 13.73% return on equity
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy Manufacturing, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.
Earnings Per Share
As for profitability, Myers Industries has a trailing twelve months EPS of $1.05.
PE Ratio
Myers Industries has a trailing twelve months price to earnings ratio of 14.48. Meaning, the purchaser of the share is investing $14.48 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 13.73%.
Moving Average
Myers Industries’s worth is higher than its 50-day moving average of $14.08 and way below its 200-day moving average of $17.87.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 23.7% and a negative 17.2%, respectively.
Volume
Today’s last reported volume for Myers Industries is 201325 which is 24.56% below its average volume of 266900.
6. Iron Mountain Incorporated (IRM)
10.5% sales growth and 81.13% return on equity
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,480 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
Earnings Per Share
As for profitability, Iron Mountain Incorporated has a trailing twelve months EPS of $0.78.
PE Ratio
Iron Mountain Incorporated has a trailing twelve months price to earnings ratio of 145.24. Meaning, the purchaser of the share is investing $145.24 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 81.13%.
Moving Average
Iron Mountain Incorporated’s value is way above its 50-day moving average of $98.97 and way above its 200-day moving average of $79.47.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13%, now sitting on 5.82B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 16, 2024, the estimated forward annual dividend rate is 2.86 and the estimated forward annual dividend yield is 2.52%.
Yearly Top and Bottom Value
Iron Mountain Incorporated’s stock is valued at $113.29 at 01:22 EST, under its 52-week high of $114.79 and way higher than its 52-week low of $56.51.
7. Plains All American Pipeline, L.P. (PAA)
7.7% sales growth and 10% return on equity
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGL). The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminalling, storage, and other facilities-related services, as well as merchant activities. The Natural Gas Liquids segment provides gathering, fractionation, storage, transportation, and terminalling activities. This segment also involved in ethane, propane, normal butane, iso-butane, and natural gasoline, as well as crude oil refining processes. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.
Earnings Per Share
As for profitability, Plains All American Pipeline, L.P. has a trailing twelve months EPS of $1.11.
PE Ratio
Plains All American Pipeline, L.P. has a trailing twelve months price to earnings ratio of 15.91. Meaning, the purchaser of the share is investing $15.91 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%.
