(VIANEWS) – Tidewater (TDW), UNIVERSAL INSURANCE HOLDINGS (UVE), NICE Ltd (NICE) 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)
69.5% sales growth and 7.29% 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 crude oil and natural 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 oil and natural 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; 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 $1.4.
PE Ratio
Tidewater has a trailing twelve months price to earnings ratio of 47.43. Meaning, the purchaser of the share is investing $47.43 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 7.29%.
Yearly Top and Bottom Value
Tidewater’s stock is valued at $66.40 at 10:22 EST, way under its 52-week high of $77.53 and way above its 52-week low of $36.74.
2. UNIVERSAL INSURANCE HOLDINGS (UVE)
13.2% sales growth and 25.59% return on equity
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. It develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. The company also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, a digital agency for carrier partners and utilization of digital applications for adjusting claims. It offers its products through a network of independent agents, as well as direct-to-consumer online solutions, including digital insurance agency. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.
Earnings Per Share
As for profitability, UNIVERSAL INSURANCE HOLDINGS has a trailing twelve months EPS of $2.36.
PE Ratio
UNIVERSAL INSURANCE HOLDINGS has a trailing twelve months price to earnings ratio of 6.95. Meaning, the purchaser of the share is investing $6.95 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 25.59%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.1%, now sitting on 1.35B for the twelve trailing months.
Moving Average
UNIVERSAL INSURANCE HOLDINGS’s worth is higher than its 50-day moving average of $16.30 and higher than its 200-day moving average of $15.53.
Volume
Today’s last reported volume for UNIVERSAL INSURANCE HOLDINGS is 190598 which is 14.8% below its average volume of 223718.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 65.3% and positive 30.4% for the next.
3. NICE Ltd (NICE)
12.4% sales growth and 10.65% return on equity
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for CX that discovers automation opportunities for self-service; digital-entry points solutions that enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing. The company also provides smart self service solutions that empower organizations to build intelligent automated conversations based on data; and prepared agent solutions and tools enable contact center agents to guide and alert them in real time; complete performance solutions that help organizations to record structured and unstructured customer interaction and transaction data; and NICE Evidencentral, an digital evidence management platform for public safety emergency communications, law enforcement, and criminal justice helps agencies. In addition, it offers X-Sight, is an open and flexible AI-cloud platform for financial crime and compliance; Xceed, a cloud platform for comprehensive AML and fraud prevention for small and mid-sized organizations; data intelligence solutions that enable organizations to turn raw data into comprehensive actionable intelligence to prevent and detect financial crimes; AI and analytics technologies to detect and prevent financial crimes in real-time; money laundering and fraud prevention solutions that help organizations adhere to capital markets compliance and anti-money laundering compliance regulations; intelligent investigations solutions; and self-service solutions that provide organizations with customization and self-development capabilities. The company was formerly known as NICE-Systems Ltd. and changed its name to NICE Ltd. in June 2016. NICE Ltd. was founded in 1986 and is based in Ra'anana, Israel.
Earnings Per Share
As for profitability, NICE Ltd has a trailing twelve months EPS of $4.94.
PE Ratio
NICE Ltd has a trailing twelve months price to earnings ratio of 43.79. Meaning, the purchaser of the share is investing $43.79 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 10.65%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
NICE Ltd’s EBITDA is 62.55.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 10.8% and 11.3%, respectively.
Moving Average
NICE Ltd’s worth is way above its 50-day moving average of $195.66 and way above its 200-day moving average of $195.39.
4. Stryker Corp (SYK)
12.2% sales growth and 15.04% return on equity
Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in hip and knee joint replacements, and trauma and extremities surgeries. This segment also offers spinal implant products comprising cervical, thoracolumbar, and interbody systems that are used in spinal injury, deformity, and degenerative therapies. The MedSurg and Neurotechnology segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical device products that are used in various medical specialties. This segment also provides neurotechnology products, which include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke; and craniomaxillofacial implant products, including cranial, maxillofacial, and chest wall devices, as well as dural substitutes and sealants. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.
Earnings Per Share
As for profitability, Stryker Corp has a trailing twelve months EPS of $6.74.
PE Ratio
Stryker Corp has a trailing twelve months price to earnings ratio of 45.62. Meaning, the purchaser of the share is investing $45.62 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 15.04%.
5. Coca-Cola Consolidated (COKE)
11.7% sales growth and 35.46% return on equity
Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages, such as sparling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks. It also sells its products to other Coca-Cola bottlers; and post-mix products that are dispensed through equipment, which mixes the fountain syrup with carbonated or still water enabling fountain retailers to sell finished products to consumers in cups or glasses. In addition, the company distributes products for various other beverage brands that include Dr Pepper and Monster Energy. It sells and distributes its products directly to grocery stores, mass merchandise stores, club stores, convenience stores, and drug stores; and restaurants, schools, amusement parks, and recreational facilities, as well as through vending machine outlets. The company was formerly known as Coca-Cola Bottling Co. Consolidated and changed its name to Coca-Cola Consolidated, Inc. in January 2019. Coca-Cola Consolidated, Inc. was incorporated in 1980 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Coca-Cola Consolidated has a trailing twelve months EPS of $48.03.
PE Ratio
Coca-Cola Consolidated has a trailing twelve months price to earnings ratio of 17.94. Meaning, the purchaser of the share is investing $17.94 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 35.46%.
Volume
Today’s last reported volume for Coca-Cola Consolidated is 6712 which is 85.45% below its average volume of 46147.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 24, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 0.23%.
6. ITT Corporation (ITT)
9.8% sales growth and 19.51% return on equity
ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, light- and heavy-duty commercial and military vehicles, buses, and rail. The Industrial Process segment designs and manufactures industrial pumps, valves, and plant optimization systems; and centrifugal process pumps, twin screw, axials, and positive displacement pumps, and water systems, as well as aftermarket solutions, such as repairs and upgrades services. It serves various customers in industries, such as chemical, oil and gas, mining, and other industrial process markets. The Connect & Control Technologies segment designs and manufactures a range of engineered connectors and specialized control components for critical applications supporting various markets, including aerospace and defense, industrial, transportation, medical, and oil and gas. The connector product portfolio includes electrical connectors, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniature, and cable assemblies; and control products consist of fuel and water pumps, valves, electro-mechanical rotary and linear actuators, and pressure, temperature, limit, and flow switches for various aircraft systems. ITT Inc. was founded in 1920 and is headquartered in White Plains, New York.
Earnings Per Share
As for profitability, ITT Corporation has a trailing twelve months EPS of $5.23.
PE Ratio
ITT Corporation has a trailing twelve months price to earnings ratio of 22.8. Meaning, the purchaser of the share is investing $22.8 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 19.51%.
Yearly Top and Bottom Value
ITT Corporation’s stock is valued at $119.23 at 10:22 EST, under its 52-week high of $121.89 and way above its 52-week low of $75.82.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 3.9% and 18.8%, respectively.
Moving Average
ITT Corporation’s worth is higher than its 50-day moving average of $113.75 and way higher than its 200-day moving average of $97.81.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 29, 2023, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 0.97%.
