Tidewater And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Tidewater (TDW), Extra Space Storage (EXR), Summit Financial Group (SMMF) 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)

68.1% sales growth and 5.52% 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 $1.1.

PE Ratio

Tidewater has a trailing twelve months price to earnings ratio of 61.68. Meaning, the purchaser of the share is investing $61.68 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 5.52%.

2. Extra Space Storage (EXR)

29.9% sales growth and 22.19% return on equity

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2023, the Company owned and/or operated 2,438 self-storage stores in 41 states and Washington, D.C. The Company's stores comprise approximately 1.7 million units and approximately 184.0 million square feet of rentable space. With the completed Life Storage Merger on July 20, 2023, Extra Space currently has over 3,500 locations under the Extra Space, Life Storage and Storage Express brands, and it is the largest operator of self-storage properties in the United States. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage.

Earnings Per Share

As for profitability, Extra Space Storage has a trailing twelve months EPS of $6.12.

PE Ratio

Extra Space Storage has a trailing twelve months price to earnings ratio of 20.32. Meaning, the purchaser of the share is investing $20.32 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 22.19%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Extra Space Storage’s EBITDA is 17.18.

3. Summit Financial Group (SMMF)

19.6% sales growth and 13.87% return on equity

Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, and Shenandoah Valley and Southwestern regions of Virginia, and the Central region of Kentucky. The company's community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insurance brokerage services. As of December 31, 2020, it operated through 43 banking offices. The company was incorporated in 1987 and is headquartered in Moorefield, West Virginia.

Earnings Per Share

As for profitability, Summit Financial Group has a trailing twelve months EPS of $3.85.

PE Ratio

Summit Financial Group has a trailing twelve months price to earnings ratio of 6.32. Meaning, the purchaser of the share is investing $6.32 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 13.87%.

Volume

Today’s last reported volume for Summit Financial Group is 23884 which is 26.49% below its average volume of 32495.

Moving Average

Summit Financial Group’s value is higher than its 50-day moving average of $23.01 and above its 200-day moving average of $22.86.

Yearly Top and Bottom Value

Summit Financial Group’s stock is valued at $24.34 at 16:22 EST, way below its 52-week high of $29.73 and way higher than its 52-week low of $17.06.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 3.67%.

4. Nordic American Tankers Limited (NAT)

19.1% sales growth and 22.86% return on equity

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 19 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Nordic American Tankers Limited has a trailing twelve months EPS of $0.58.

PE Ratio

Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 6.81. Meaning, the purchaser of the share is investing $6.81 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 22.86%.

Sales Growth

Nordic American Tankers Limited’s sales growth is 29.3% for the current quarter and 19.1% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 37.6%, now sitting on 443.96M for the twelve trailing months.

Moving Average

Nordic American Tankers Limited’s value is below its 50-day moving average of $4.03 and above its 200-day moving average of $3.68.

5. Imax Corporation (IMAX)

15.5% sales growth and 3.18% return on equity

IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company that specializes in digital and film-based motion picture technologies worldwide. It offers cinematic solution comprising proprietary software, theater architecture, intellectual property, and equipment. The company offers Digital Re-Mastering (DMR), a proprietary technology that digitally enhances the image resolution, visual clarity, and sound quality of motion picture films for projection on IMAX screens; IMAX premium theater systems to exhibitor customers through sales, long-term leases, and joint revenue sharing arrangements; film post-production services; and camera and other miscellaneous items rental services, as well as distributes documentary films; and owns and operates IMAX theaters. It also designs, manufactures, installs, sells, and leases IMAX theater projection system equipment; maintains IMAX theater projection system equipment in the IMAX theater network; distributes and licenses original content, virtual reality, IMAX home entertainment, and others; and sells or leases its theater systems to theme parks, private home theaters, tourist destination sites, fairs, and expositions, as well as engages in the after-market sale of projection system parts and 3D glasses. The company markets its theater systems through a direct sales force and marketing staff. It owns or otherwise has rights to trademarks and trade names, which include IMAX, IMAX Dome, IMAX 3D, IMAX 3D Dome, Experience It in IMAX, The IMAX Experience, An IMAX Experience, An IMAX 3D Experience, IMAX DMR, DMR, IMAX nXos, and Films To The Fullest. As of March 31, 2020, the company had a network of 1,616 IMAX theater systems comprising 1,526 commercial multiplexes, 14 commercial destinations, and 76 institutional facilities operating in 81 countries and territories. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.

Earnings Per Share

As for profitability, Imax Corporation has a trailing twelve months EPS of $0.08.

PE Ratio

Imax Corporation has a trailing twelve months price to earnings ratio of 238.25. Meaning, the purchaser of the share is investing $238.25 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 3.18%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 420% and 52.6%, respectively.

Volume

Today’s last reported volume for Imax Corporation is 304604 which is 44.81% below its average volume of 551920.

Sales Growth

Imax Corporation’s sales growth is 33.6% for the present quarter and 15.5% for the next.

Yearly Top and Bottom Value

Imax Corporation’s stock is valued at $19.06 at 16:22 EST, way below its 52-week high of $21.82 and way higher than its 52-week low of $12.13.

6. Kiniksa Pharmaceuticals, Ltd. (KNSA)

15.5% sales growth and 81.84% return on equity

Kiniksa Pharmaceuticals, Ltd., a clinical-stage biopharmaceutical company, focuses on discovering, acquiring, developing, and commercializing therapeutic medicines for patients suffering from debilitating diseases with significant unmet medical need worldwide. Its product candidates include Rilonacept, which is in Phase III clinical trials for the treatment of recurrent pericarditis, an inflammatory cardiovascular disease; Mavrilimumab, a monoclonal antibody that is in Phase II clinical trials for the treatment of giant cell arteritis; and Vixarelimab, a monoclonal antibody, which is in Phase 2a clinical trial for the treatment of prurigo nodularis, a chronic inflammatory skin condition. The company's preclinical product candidates comprise KPL-404, a monoclonal antibody inhibitor of the CD40/CD40L interaction, a central control node of T-cell-dependent, and B-cell-mediated humoral adaptive immunity. The company has a clinical collaboration with Kite Pharma, Inc. to evaluate the combination of Yescarta and Mavrilimumab in patients with relapsed or refractory Large B-Cell lymphoma. Kiniksa Pharmaceuticals, Ltd. was founded in 2015 and is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Kiniksa Pharmaceuticals, Ltd. has a trailing twelve months EPS of $3.36.

PE Ratio

Kiniksa Pharmaceuticals, Ltd. has a trailing twelve months price to earnings ratio of 5.1. Meaning, the purchaser of the share is investing $5.1 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 81.84%.

Moving Average

Kiniksa Pharmaceuticals, Ltd.’s worth is higher than its 50-day moving average of $16.97 and way higher than its 200-day moving average of $14.48.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 105.3% and a negative 366.7%, respectively.

Sales Growth

Kiniksa Pharmaceuticals, Ltd.’s sales growth is negative 13.4% for the present quarter and 15.5% for the next.

7. Berkshire Hathaway (BRK-A)

14.6% sales growth and 17.12% return on equity

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. It provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. The company also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. In addition, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; flooring products; insulation, roofing, and engineered products; building and engineered components; paints and coatings; and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services. Further, it provides recreational vehicles, apparel and footwear products, jewelry, and custom picture framing products, as well as alkaline batteries; castings, forgings, fasteners/fastener systems, aerostructures, and precision components; and cobalt, nickel, and titanium alloys. Additionally, the company distributes televisions and information; franchises and services quick service restaurants; distributes electronic components; and offers logistics services, grocery and foodservice distribution services, and professional aviation training and shared aircraft ownership programs. It also retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchenware; and motorcycle clothing and equipment. The company was incorporated in 1998 and is headquartered in Omaha, Nebraska.

Earnings Per Share

As for profitability, Berkshire Hathaway has a trailing twelve months EPS of $58774.9.

PE Ratio

Berkshire Hathaway has a trailing twelve months price to earnings ratio of 9.32. Meaning, the purchaser of the share is investing $9.32 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 17.12%.

Previous days news about Berkshire Hathaway(BRK-A)

  • Berkshire Hathaway B (brk.b) stock moves -0.97%: what you should know. According to Zacks on Thursday, 21 September, "Looking at its valuation, Berkshire Hathaway B is holding a Forward P/E ratio of 23.19. ", "It is also important to note the recent changes to analyst estimates for Berkshire Hathaway B. These revisions help to show the ever-changing nature of near-term business trends. "
  • According to FXStreet on Thursday, 21 September, "Video Chapter 00:00 NASDAQ 100 (NDX) / QQQ / Berkshire Hathaway 06:27 Apple (AAPL) 07:34 Amazon (AMZN) 08:54 NVIDIA (NVDA) 10:08 Meta Platforms (META) 14:07 Netflix (NFLX) 15:37 Alphabet (GOOGL) 17:26 Microsoft MSFT 21:27 Tesla (TSLA) 24:45 End"

8. Ryman Hospitality Properties (RHP)

8.8% sales growth and 42.51% return on equity

Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. The Company's core holdings* include a network of five of the top 10 largest non-gaming convention center hotels in the United States based on total indoor meeting space. These convention center resorts operate under the Gaylord Hotels brand and are managed by Marriott International. The Company also owns two adjacent ancillary hotels and a small number of attractions managed by Marriott International for a combined total of 10,110 rooms and more than 2.7 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. The Company's Entertainment segment includes a growing collection of iconic and emerging country music brands, including the Grand Ole Opry; Ryman Auditorium, WSM 650 AM; Ole Red and Circle, a country lifestyle media network the Company owns in a joint-venture with Gray Television. The Company operates its Entertainment segment as part of a taxable REIT subsidiary. * The Company is the sole owner of Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; and Gaylord National Resort & Convention Center. It is the majority owner and managing member of the joint venture that owns the Gaylord Rockies Resort & Convention Center.

Earnings Per Share

As for profitability, Ryman Hospitality Properties has a trailing twelve months EPS of $4.05.

PE Ratio

Ryman Hospitality Properties has a trailing twelve months price to earnings ratio of 20.18. Meaning, the purchaser of the share is investing $20.18 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 42.51%.

Leave a Reply

Your email address will not be published. Required fields are marked *