(VIANEWS) – Tenet Healthcare (THC), Royal Caribbean Cruises (RCL), Globus Maritime Limited (GLBS) 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 53.69% 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 17.59. Meaning, the purchaser of the share is investing $17.59 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 53.69%.
Sales Growth
Tenet Healthcare’s sales growth is 173.1% for the present quarter and 173.1% for the next.
Yearly Top and Bottom Value
Tenet Healthcare’s stock is valued at $100.44 at 06:22 EST, way below its 52-week high of $121.72 and way above its 52-week low of $51.04.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.8%, now sitting on 20.89B for the twelve trailing months.
Volume
Today’s last reported volume for Tenet Healthcare is 880753 which is 23.61% below its average volume of 1153030.
Previous days news about Tenet Healthcare(THC)
- According to Zacks on Wednesday, 29 May, "Let’s take a look at what these Wall Street heavyweights have to say about Tenet Healthcare (THC Quick QuoteTHC – Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage."
- According to Zacks on Wednesday, 29 May, "Chicago, IL - May 29, 2024 - Today, Zacks Equity Research discusses HCA Healthcare, Inc. (HCA Quick QuoteHCA – Free Report) , Tenet Healthcare Corp. (THC Quick QuoteTHC – Free Report) , Universal Health Services, Inc. (UHS Quick QuoteUHS – Free Report) , Acadia Healthcare Co., Inc. (ACHC Quick QuoteACHC – Free Report) and Community Health Systems, Inc. (CYH Quick QuoteCYH – Free Report) .", "Companies like HCA Healthcare, Inc., Tenet Healthcare Corp., Universal Health Services, Inc., Acadia Healthcare Co., Inc. and Community Health Systems, Inc. will capitalize on these trends."
2. Royal Caribbean Cruises (RCL)
17.9% sales growth and 50.68% return on equity
Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.
Earnings Per Share
As for profitability, Royal Caribbean Cruises has a trailing twelve months EPS of $6.31.
PE Ratio
Royal Caribbean Cruises has a trailing twelve months price to earnings ratio of 20.23. Meaning, the purchaser of the share is investing $20.23 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 50.68%.
Yearly Top and Bottom Value
Royal Caribbean Cruises’s stock is valued at $127.67 at 06:22 EST, way below its 52-week high of $150.90 and way higher than its 52-week low of $78.35.
Volume
Today’s last reported volume for Royal Caribbean Cruises is 2760970 which is 0.36% below its average volume of 2771210.
Sales Growth
Royal Caribbean Cruises’s sales growth is 18.2% for the ongoing quarter and 17.9% for the next.
Previous days news about Royal Caribbean Cruises(RCL)
- According to Zacks on Wednesday, 29 May, "This calls for investing in solid consumer discretionary stocks such as PlayAGS, Inc. (AGS Quick QuoteAGS – Free Report) , Hasbro, Inc. (HAS Quick QuoteHAS – Free Report) , Lifetime Brands, Inc. (LCUT Quick QuoteLCUT – Free Report) , Royal Caribbean Cruises Ltd. "
- Zacks.com featured highlights include NVIDIA, Alphabet and royal caribbean cruises. According to Zacks on Wednesday, 29 May, "Chicago, IL - May 29, 2024 - Stocks in this week’s article are NVIDIA (NVDA Quick QuoteNVDA – Free Report) , Alphabet (GOOGL Quick QuoteGOOGL – Free Report) and Royal Caribbean Cruises (RCL Quick QuoteRCL – Free Report) .", "To that end, NVIDIA, Alphabet and Royal Caribbean Cruises have been selected as the top picks with a high net income ratio."
3. Globus Maritime Limited (GLBS)
13.6% sales growth and 3.04% return on equity
Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of March 31, 2022, the company's fleet included nine vessels with a total carrying capacity of 626,257 deadweight tonnage. It charters its vessels to operators, trading houses, shipping companies and producers, and government-owned entities. The company was incorporated in 2006 and is based in Athens, Greece. Globus Maritime Limited is a subsidiary of Firment Trading Limited.
Earnings Per Share
As for profitability, Globus Maritime Limited has a trailing twelve months EPS of $0.26.
PE Ratio
Globus Maritime Limited has a trailing twelve months price to earnings ratio of 8.15. Meaning, the purchaser of the share is investing $8.15 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 3.04%.
Moving Average
Globus Maritime Limited’s worth is above its 50-day moving average of $2.09 and way above its 200-day moving average of $1.92.
Revenue Growth
Year-on-year quarterly revenue growth declined by 14.4%, now sitting on 31.2M for the twelve trailing months.
4. Agree Realty Corporation (ADC)
13.5% sales growth and 3.48% return on equity
Earnings Per Share
As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.69.
PE Ratio
Agree Realty Corporation has a trailing twelve months price to earnings ratio of 35.09. Meaning, the purchaser of the share is investing $35.09 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 3.48%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 31, 2024, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 5.06%.
5. Unifirst Corporation (UNF)
11.4% sales growth and 5.73% return on equity
UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments. The company also rents and sells industrial wiping products, floor mats, facility service products, and dry and wet mops; restroom and cleaning supplies comprising air fresheners, paper products, gloves, masks, sanitizers, and hand soaps; and other textile products. In addition, it provides first aid cabinet services and other safety supplies; decontaminates and cleans work clothes, and other items that is exposed to radioactive materials; and services special cleanroom protective wear and facilities. Further, it offers a range of garment service options, including full-service rental programs in which garments are cleaned and serviced; lease programs in which garments are cleaned and maintained by individual employees; and purchase programs to buy garments and related items directly. The company serves automobile service centers and dealers, delivery services, food and general merchandise retailers, food processors and service operations, light manufacturers, maintenance facilities, restaurants, service companies, soft and durable goods wholesalers, transportation companies, healthcare providers, government agencies, research and development laboratories, high technology companies, and utilities operating nuclear reactors, as well as others who require employee clothing for image, identification, protection, or utility purposes. UniFirst Corporation was founded in 1936 and is headquartered in Wilmington, Massachusetts.
Earnings Per Share
As for profitability, Unifirst Corporation has a trailing twelve months EPS of $6.12.
PE Ratio
Unifirst Corporation has a trailing twelve months price to earnings ratio of 27.05. Meaning, the purchaser of the share is investing $27.05 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 5.73%.
6. Principal Financial Group (PFG)
6.4% sales growth and 12.08% return on equity
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection segments. The Retirement and Income Solutions segment provides retirement, and related financial products and services. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, registered index-linked annuities, and bank products, as well as trust and custody services. The Principal Asset Management segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. It also offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, Asia, China, Hong Kong Special Administrative Region, and Southeast Asia. The Benefits and Protection segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as employees. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
Earnings Per Share
As for profitability, Principal Financial Group has a trailing twelve months EPS of $2.55.
PE Ratio
Principal Financial Group has a trailing twelve months price to earnings ratio of 31.3. Meaning, the purchaser of the share is investing $31.3 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 12.08%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 43.8%, now sitting on 14.9B for the twelve trailing months.
7. Laureate Education (LAUR)
5.6% sales growth and 15.16% return on equity
Laureate Education, Inc., together with its subsidiaries, offers higher education programs and services to students through a network of universities and higher education institutions. The company provides a range of undergraduate and graduate degree programs in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs. It also offers specialized courses for technical and vocational training; and senior high school. Its services are provides in Mexico, Peru, and the United States. The company was formerly known as Sylvan Learning Systems, Inc. and changed its name to Laureate Education, Inc. in May 2004. Laureate Education, Inc. was founded in 1989 and is headquartered in Miami, Florida.
Earnings Per Share
As for profitability, Laureate Education has a trailing twelve months EPS of $0.84.
PE Ratio
Laureate Education has a trailing twelve months price to earnings ratio of 19.08. Meaning, the purchaser of the share is investing $19.08 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 15.16%.
Volume
Today’s last reported volume for Laureate Education is 600148 which is 19.85% below its average volume of 748862.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 80% and 17.4%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.6%, now sitting on 1.51B for the twelve trailing months.
