(VIANEWS) – USA Compression Partners, LP (USAC), Alphabet (GOOGL), Erie Indemnity Company (ERIE) 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. USA Compression Partners, LP (USAC)
13.8% sales growth and 19.97% return on equity
USA Compression Partners, LP provides natural gas compression services. The company offers compression services to oil companies and independent producers, processors, gatherers, and transporters of natural gas and crude oil, as well as operates stations. It primarily focuses on providing natural gas compression services to infrastructure applications, including centralized natural gas gathering systems and processing facilities, as well as gas lift applications for crude oil wells. As of December 31, 2022, the company had 3,716,854 horsepower in its fleet. USA Compression Partners, LP was founded in 1998 and is headquartered in Austin, Texas.
Earnings Per Share
As for profitability, USA Compression Partners, LP has a trailing twelve months EPS of $0.15.
PE Ratio
USA Compression Partners, LP has a trailing twelve months price to earnings ratio of 171.47. Meaning, the purchaser of the share is investing $171.47 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 19.97%.
2. Alphabet (GOOGL)
12.3% sales growth and 25.33% return on equity
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, cybersecurity, data, analytics, AI, and machine learning, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded in 1998 and is headquartered in Mountain View, California.
Earnings Per Share
As for profitability, Alphabet has a trailing twelve months EPS of $5.22.
PE Ratio
Alphabet has a trailing twelve months price to earnings ratio of 25.16. Meaning, the purchaser of the share is investing $25.16 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 25.33%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 51.4% and 28.2%, respectively.
Moving Average
Alphabet’s value is under its 50-day moving average of $133.47 and above its 200-day moving average of $119.81.
Sales Growth
Alphabet’s sales growth is 12% for the present quarter and 12.3% for the next.
Previous days news about Alphabet(GOOGL)
- According to Zacks on Thursday, 30 November, "The three top holdings for APGCX are 9.6% in Microsoft, 5% in Alphabet and 4.9% in Visa."
- According to Zacks on Thursday, 30 November, "We note that the latest move will allow this Zacks Rank #2 (Buy) company to compete well with some notable industry players like Microsoft (MSFT Quick QuoteMSFT – Free Report) and Alphabet (GOOGL Quick QuoteGOOGL – Free Report) , which are also making concerted efforts to bolster their generative AI efforts."
- According to Zacks on Friday, 1 December, "Most of the fund’s holdings were in companies like Alphabet Inc. (7.4%), Apple Inc. (6.8%) and KLA Corp (6.4%) as of Jul 31, 2023."
3. Erie Indemnity Company (ERIE)
11% sales growth and 26.99% return on equity
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
Earnings Per Share
As for profitability, Erie Indemnity Company has a trailing twelve months EPS of $7.67.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 36.86. Meaning, the purchaser of the share is investing $36.86 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 26.99%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 4, 2023, the estimated forward annual dividend rate is 4.76 and the estimated forward annual dividend yield is 1.7%.
Volume
Today’s last reported volume for Erie Indemnity Company is 7336 which is 93.51% below its average volume of 113039.
Moving Average
Erie Indemnity Company’s worth is under its 50-day moving average of $291.41 and way above its 200-day moving average of $248.58.
