(VIANEWS) – Tidewater (TDW), Nexstar Media Group (NXST), Monmouth Real Estate Investment Corporation (MNR) 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. Tidewater (TDW)
27.7% sales growth and 13.64% return on equity
Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates anchor handling towing supply vessels, platform supply vessels, crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; offshore drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Tidewater has a trailing twelve months EPS of $2.52.
PE Ratio
Tidewater has a trailing twelve months price to earnings ratio of 38.25. Meaning, the purchaser of the share is investing $38.25 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 13.64%.
Volume
Today’s last reported volume for Tidewater is 1050400 which is 30.09% above its average volume of 807393.
Sales Growth
Tidewater’s sales growth is 53.6% for the ongoing quarter and 27.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 66.3%, now sitting on 1.14B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 111.6% and 222.4%, respectively.
2. Nexstar Media Group (NXST)
25% sales growth and 13.96% return on equity
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Nexstar Media Group has a trailing twelve months EPS of $11.83.
PE Ratio
Nexstar Media Group has a trailing twelve months price to earnings ratio of 13.27. Meaning, the purchaser of the share is investing $13.27 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 13.96%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 9, 2024, the estimated forward annual dividend rate is 6.76 and the estimated forward annual dividend yield is 4.31%.
Volume
Today’s last reported volume for Nexstar Media Group is 1638820 which is 404.26% above its average volume of 324991.
Sales Growth
Nexstar Media Group’s sales growth for the next quarter is 25%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.1%, now sitting on 4.96B for the twelve trailing months.
3. Monmouth Real Estate Investment Corporation (MNR)
22.3% sales growth and 34.15% return on equity
Mach Natural Resources LP, an independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas. The company was incorporated in 2023 and is headquartered in Oklahoma City, Oklahoma.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 34.15%.
Sales Growth
Monmouth Real Estate Investment Corporation’s sales growth for the next quarter is 22.3%.
4. Meta Platforms (META)
16.3% sales growth and 33.36% return on equity
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California
Earnings Per Share
As for profitability, Meta Platforms has a trailing twelve months EPS of $14.86.
PE Ratio
Meta Platforms has a trailing twelve months price to earnings ratio of 34.45. Meaning, the purchaser of the share is investing $34.45 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 33.36%.
Yearly Top and Bottom Value
Meta Platforms’s stock is valued at $511.90 at 06:22 EST, below its 52-week high of $531.49 and way above its 52-week low of $274.38.
Volume
Today’s last reported volume for Meta Platforms is 10799200 which is 38.45% below its average volume of 17545500.
5. Automatic Data Processing (ADP)
5.9% sales growth and 88.92% return on equity
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.
Earnings Per Share
As for profitability, Automatic Data Processing has a trailing twelve months EPS of $8.58.
PE Ratio
Automatic Data Processing has a trailing twelve months price to earnings ratio of 28.42. Meaning, the purchaser of the share is investing $28.42 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 88.92%.
