(VIANEWS) – Tenet Healthcare (THC), Magna International (MGA), Cinemark Holdings (CNK) 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. Tenet Healthcare (THC)
173.1% sales growth and 23.15% return on equity
Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates through three segments: Hospital Operations, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and/or coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb-salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, and telemedicine access services. In addition, it operates ambulatory surgery centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals. Further, the company offers end-to-end and focused-point business process services in the areas of hospital and physician revenue cycle management, patient communications and engagement support, and value-based care solutions to hospitals, health systems, physician practices, employers, and other customers. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Tenet Healthcare has a trailing twelve months EPS of $4.38.
PE Ratio
Tenet Healthcare has a trailing twelve months price to earnings ratio of 17.97. Meaning, the purchaser of the share is investing $17.97 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 23.15%.
2. Magna International (MGA)
13.2% sales growth and 9.73% return on equity
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, quarter windows, encapsulated glasses, and side doors. The Power & Vision segment offers ?electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; engineering services; advanced driver assistance systems sensors and, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Earnings Per Share
As for profitability, Magna International has a trailing twelve months EPS of $3.62.
PE Ratio
Magna International has a trailing twelve months price to earnings ratio of 15.78. Meaning, the purchaser of the share is investing $15.78 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 9.73%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Magna International’s EBITDA is 21.95.
Yearly Top and Bottom Value
Magna International’s stock is valued at $57.11 at 15:22 EST, way under its 52-week high of $68.92 and way above its 52-week low of $46.71.
Sales Growth
Magna International’s sales growth is 8.6% for the ongoing quarter and 13.2% for the next.
3. Cinemark Holdings (CNK)
9.8% sales growth and 40.81% return on equity
Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of October 8, 2021, it operated 521 theatres with 5,864 screens in the United States, and South and Central America. The company was founded in 1984 and is headquartered in Plano, Texas.
Earnings Per Share
As for profitability, Cinemark Holdings has a trailing twelve months EPS of $0.6.
PE Ratio
Cinemark Holdings has a trailing twelve months price to earnings ratio of 22.97. Meaning, the purchaser of the share is investing $22.97 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 40.81%.
Volume
Today’s last reported volume for Cinemark Holdings is 1797470 which is 40.96% below its average volume of 3044520.
4. Arcos Dorados Holdings (ARCO)
7% sales growth and 52.84% return on equity
Arcos Dorados Holdings Inc. operates as a franchisee of McDonald's restaurants. It has the exclusive right to own, operate, and grant franchises of McDonald's restaurants in 20 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay, the U.S. Virgin Islands of St. Croix and St. Thomas, and Venezuela. As of December 31, 2019, it operated or franchised 2,293 restaurants. Arcos Dorados Holdings Inc. was founded in 2007 and is based in Montevideo, Uruguay.
Earnings Per Share
As for profitability, Arcos Dorados Holdings has a trailing twelve months EPS of $0.86.
PE Ratio
Arcos Dorados Holdings has a trailing twelve months price to earnings ratio of 13.99. Meaning, the purchaser of the share is investing $13.99 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 52.84%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Arcos Dorados Holdings’s EBITDA is 36.87.
Previous days news about Arcos Dorados Holdings(ARCO)
- According to Zacks on Friday, 5 January, "Chicago, IL - January 5, 2024 - Stocks in this week’s article are Arcos Dorados Holdings Inc. (ARCO Quick QuoteARCO – Free Report) , Cboe Global Markets (CBOE Quick QuoteCBOE – Free Report) , Microsoft Corp. (MSFT Quick QuoteMSFT – Free Report) , Parker-Hannifin Corp. (PH Quick QuotePH – Free Report) and PACCAR Inc. (PCAR Quick QuotePCAR – Free Report) .", "We have selected five dividend growth stocks - Arcos Dorados Holdings Inc., Cboe Global Markets, Microsoft Corp., Parker-Hannifin Corp. and PACCAR Inc. - that could outperform the market in 2024."
