Tenet Healthcare And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Tenet Healthcare (THC), Mastercard (MA), Arista Networks (ANET) 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 25.92% return on equity

Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. 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; tertiary care services, such as 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, surgical robotic, and telemedicine access services. In addition, it offers a range of procedures and services, such as orthopedics, total joint replacement, and spinal and other musculoskeletal procedures; gastroenterology; pain management; otolaryngology; ophthalmology; and urology. It operates hospitals, ambulatory surgery centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals. 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 $5.71.

PE Ratio

Tenet Healthcare has a trailing twelve months price to earnings ratio of 18.27. Meaning, the purchaser of the share is investing $18.27 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 25.92%.

Volume

Today’s last reported volume for Tenet Healthcare is 610534 which is 47.88% below its average volume of 1171600.

Sales Growth

Tenet Healthcare’s sales growth is 173.1% for the ongoing quarter and 173.1% for the next.

Moving Average

Tenet Healthcare’s worth is way above its 50-day moving average of $83.63 and way higher than its 200-day moving average of $73.39.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Tenet Healthcare’s EBITDA is 1.13.

2. Mastercard (MA)

11.3% sales growth and 167.41% return on equity

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions. It also provides solutions that enable businesses or governments to make payments to businesses, including Virtual Card Number, which is generated dynamically from a physical card and leverages the credit limit of the funding account; a platform to optimize supplier payment enablement campaigns for financial institutions; and treasury intelligence platform that offers corporations with recommendations to enhance working capital performance and accelerate spend on cards. In addition, the company offers Mastercard Send, which partners with digital messaging and payment platforms to enable consumers to send money directly within applications to other consumers; and Mastercard Cross-Border Services enables a range of payment flows through a distribution network with a single point of access to send and receive money globally through various channels, including bank accounts, mobile wallets, cards, and cash payouts. Further, it provides cyber and intelligence solutions; insights and analytics, consulting, marketing, loyalty, processing, and payment gateway solutions for e-commerce merchants; and open banking and digital identity services. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus name. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

Earnings Per Share

As for profitability, Mastercard has a trailing twelve months EPS of $11.85.

PE Ratio

Mastercard has a trailing twelve months price to earnings ratio of 40.37. Meaning, the purchaser of the share is investing $40.37 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 167.41%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 8, 2024, the estimated forward annual dividend rate is 2.64 and the estimated forward annual dividend yield is 0.56%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Mastercard’s EBITDA is 17.7.

Volume

Today’s last reported volume for Mastercard is 1186960 which is 51.41% below its average volume of 2443060.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 15.4% and 24.2%, respectively.

Previous days news about Mastercard(MA)

  • Mastercard (ma) unveils two credit cards infused with rewards. According to Zacks on Monday, 1 April, "Increased usage of the card, which carries the Mastercard brand as well, may boost the net revenues of the tech giant from its payment network. ", "Shares of Mastercard have gained 31.4% in the past year compared with the industry’s 23.2% growth. "

3. Arista Networks (ANET)

10.9% sales growth and 34.49% return on equity

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center and cloud networking systems, including newer artificial intelligence (AI) ethernet switching platforms; campus wired and wireless products, and routing systems addressing Core Routing, Edge Routing, Data Center Interconnect (DCI), Multi-cloud and Wide Area Networking (WAN) use cases; and a suite of value-add software solutions that leverage EOS to provide end-to-end orchestration, automation, analytics, network monitoring, and security. It also provides post contract customer support services, such as technical support, hardware repair and replacement parts beyond standard warranty, bug fixes, patches, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, telecommunication service providers, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.

Earnings Per Share

As for profitability, Arista Networks has a trailing twelve months EPS of $6.58.

PE Ratio

Arista Networks has a trailing twelve months price to earnings ratio of 45.55. Meaning, the purchaser of the share is investing $45.55 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 34.49%.

Yearly Top and Bottom Value

Arista Networks’s stock is valued at $299.75 at 20:22 EST, above its 52-week high of $292.66.

4. Darden Restaurants (DRI)

9.1% sales growth and 49.72% return on equity

Darden Restaurants, Inc., together with its subsidiaries, owns and operates full-service restaurants in the United States and Canada. It operates under Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V's Prime Seafood, and Capital Burger brand names. Darden Restaurants, Inc. was incorporated in 1995 and is based in Orlando, Florida.

Earnings Per Share

As for profitability, Darden Restaurants has a trailing twelve months EPS of $8.52.

PE Ratio

Darden Restaurants has a trailing twelve months price to earnings ratio of 19.63. Meaning, the purchaser of the share is investing $19.63 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 49.72%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Darden Restaurants’s EBITDA is 60.12.

Revenue Growth

Year-on-year quarterly revenue growth grew by 9.7%, now sitting on 11.01B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 13.2% and 1.6%, respectively.

5. Western Alliance Bancorporation (WAL)

9% sales growth and 12.64% return on equity

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, funds transfer and other digital payment offerings, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Western Alliance Bancorporation has a trailing twelve months EPS of $6.54.

PE Ratio

Western Alliance Bancorporation has a trailing twelve months price to earnings ratio of 9.43. Meaning, the purchaser of the share is investing $9.43 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 12.64%.

Volume

Today’s last reported volume for Western Alliance Bancorporation is 1416310 which is 8.13% below its average volume of 1541680.

6. Southwest Airlines (LUV)

8.4% sales growth and 4.39% return on equity

Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircraft; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Southwest Airlines has a trailing twelve months EPS of $0.76.

PE Ratio

Southwest Airlines has a trailing twelve months price to earnings ratio of 38.39. Meaning, the purchaser of the share is investing $38.39 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 4.39%.

Sales Growth

Southwest Airlines’s sales growth is 13.3% for the present quarter and 8.4% for the next.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 5, 2024, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 2.1%.

7. Henry Schein (HSIC)

6.6% sales growth and 8.88% return on equity

Henry Schein, Inc. provides health care products and services to dental practitioners and laboratories, physician practices, ambulatory surgery centers, government, institutional health care clinics, and other alternate care clinics worldwide. It operates through two segments, Health Care Distribution, and Technology and Value-Added Services. The Health Care Distribution segment offers dental products, including infection-control products, handpieces, preventatives, impression materials, composites, anesthetics, teeth, dental implants, gypsum, acrylics, articulators, abrasives, dental chairs, delivery units and lights, X-ray supplies and equipment, personal protective equipment, and high-tech and digital restoration equipment, as well as equipment repair services. This segment also provides medical products comprising branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products, X-ray products, equipment, and vitamins. The Technology and Value-Added Services segment offers software, technology, and other value-added services that include practice management software systems for dental and medical practitioners. This segment also provides value-added practice solutions, which comprise financial services on a non-recourse basis, e-services, practice technology, network, and hardware services, as well as continuing education services for practitioners, and consulting and other services. Henry Schein, Inc. was founded in 1932 and is headquartered in Melville, New York.

Earnings Per Share

As for profitability, Henry Schein has a trailing twelve months EPS of $3.16.

PE Ratio

Henry Schein has a trailing twelve months price to earnings ratio of 23.14. Meaning, the purchaser of the share is investing $23.14 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 8.88%.

Sales Growth

Henry Schein’s sales growth for the next quarter is 6.6%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 10.5%, now sitting on 12.34B for the twelve trailing months.

Yearly Top and Bottom Value

Henry Schein’s stock is valued at $73.12 at 20:22 EST, way below its 52-week high of $85.75 and way higher than its 52-week low of $60.01.

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