(VIANEWS) - Primoris Services Corporation (PRIM), Fortinet (FTNT), Novanta (NOVT) 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. Primoris Services Corporation (PRIM)
38.9% sales growth and 11.84% return on equity
Primoris Service Corporation is a specialist contractor that provides various construction, fabrication maintenance, replacement and engineering services throughout the United States. The company operates in three main segments, Utilities and Energy/Renewables. Utilities provides installation and maintenance of new or existing natural gas distribution system, electric utility distribution, transmission systems, as well as communications systems. Energy/Renewables offers a variety of services including engineering, procurement and construction as well retrofits and site work. Pipeline services include pipeline construction, maintenance and facility services, installation of pump stations and compressors, and billing facilities for entities involved in petroleum and petrochemical, gas, water and sewer utilities. Dallas is the headquarters of this company, which was established in 1960.
Earnings per Share
Primoris Services Corporation's trailing twelve-month EPS is $2.16.
PE Ratio
Primoris Service Corporation's trailing 12-month price-earnings ratio is 9.64. The purchaser of the shares is therefore investing $9.64 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 11.84%.2. Fortinet (FTNT)
24.2% sales growth and 289.24% return on equity
Fortinet, Inc. offers broad, automated, and integrated cybersecurity solutions throughout the Americas, Europe, Middle East, Africa, Asia Pacific, and Europe. FortiGate software and hardware licenses are available. They provide numerous security and networking functions including firewall, intrusion prevention and anti-malware. FortiSwitch is a product line that offers customers secure networking options. FortiAP provides wireless network solutions. FortiExtender provides hardware appliances. FortiAnalyzer provides centralized network monitoring, analysis, and reporting. FortiManager provides a central, flexible management system for FortiGate products. FortiWeb is a web application firewall solution; FortiMail provides secure email gateway solutions. FortiClient provides endpoint security with behavior-based and pattern-based antimalware. FortiClient also provides proactive detection and mitigation. FortiToken, FortiAuthenticator, FortiEDR/XDR are endpoint protection solutions that provide comprehensive machine-learning antimalware execution as well as real-time post infection protection. Security subscriptions, technical support and professional training are available. It offers its security solutions through channel partners as well to customers directly in the telecommunications and technology industries. Linksys is its strategic partner. Fortinet, Inc., was founded in 2000. It is located in Sunnyvale, California.
Earnings Per Share
As for profitability, Fortinet has a trailing twelve months EPS of $2.96.
PE Ratio
Fortinet has a trailing twelve months price to earnings ratio of 17.43. Meaning, the purchaser of the share is investing $17.43 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 289.24%.Yearly Top and Bottom Value
Fortinet's stock is valued at $51.51 at 05:25 EST, way below its 52-week high of $74.35 and way higher than its 52-week low of $42.61.
Growth Estimates Quarters
For the current quarter, the company expects to grow by 56% and 47% respectively.Volume
The current reported Fortinet volume is 2230500, which is 59.65% less than its average volume (5527980).
3. Novanta (NOVT)
9% sales growth and 12.42% return on equity
Novanta Inc. and its subsidiaries design, manufacture, market, and sell photonics and vision components to original equipment makers in the industrial and medical markets around the world. The company's Photonics division offers photonics solutions including beam delivery and laser scanning, laser scanning, laser marking, laser solid state, lasers, lasers with high speed, lasers that can be used for laser-based industrial processes, as well as products to power optical light engines. These include medical, life-science imaging, laser sequencing and metrology. Vision provides medical-grade technologies such as medical insufflators and pumps and associated disposables. It also offers wireless recorder and video integration technology for operating room integrations. The Precision Motion segment includes optical and inductive encoders as well as precision motors and motion control sub-assemblies. It also offers servo drives and air bearings. It sells products via its direct sales force as well as through resellers and distributors. The original name of the company was GSI Group, Inc., but it changed its name in May 2016 to Novanta Inc. Novanta Inc. was established in 1968. It is located in Bedford, Massachusetts.
Earnings per Share
Novanta's trailing twelve-month EPS is $1.25.
PE Ratio
Novanta's trailing 12-month price-earnings ratio is 127.43. The purchaser of the shares is therefore investing $127.43 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability and shareholder equity for a company, was 12.42%.4. Five Below (FIVE)
8.1% sales growth and 22.03% return on equity
Five Below, Inc. operates as a specialty value retailer in the United States. It offers accessories, including socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, such as glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options for the customers room. The company also provides sport balls; team sports merchandise and fitness accessories, such as hand weights, jump ropes, and gym balls; games, including name brand board games, puzzles, collectibles, and toys covering remote control; and pool, beach, and outdoor toys, as well as games and accessories. In addition, it offers accessories for cell phones, tablets, audio, and computers, such as cases, chargers, headphones, and other items; books, video games, and DVDs; craft activity kits; arts and crafts supplies, such as crayons, markers, and stickers; and trend-right items for school comprising backpacks, fashion notebooks and journals, novelty pens and pencils, locker accessories, and everyday name brand items. Further, the company provides party goods, decorations, gag gifts, and greeting cards, as well as every day and special occasion merchandise products; assortment of classic and novelty candy bars, movie-size box candy, seasonal-related candy, and gum and snack food; chilled drinks through coolers; and seasonally-specific items used to celebrate and decorate for events. It primarily serves tween and teen customers. As of January 29, 2022, the company operated approximately 1,190 stores in 40 states. The company was formerly known as Cheap Holdings, Inc. and changed its name to Five Below, Inc. in August 2002. Five Below, Inc. was incorporated in 2002 and is headquartered in Philadelphia, Pennsylvania.
Earnings Per Share
As for profitability, Five Below has a trailing twelve months EPS of $4.43.
PE Ratio
Five Below has a trailing twelve months price to earnings ratio of 36.49. Meaning, the purchaser of the share is investing $36.49 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 22.03%.Revenue growth
The year-over-year revenue growth was 3.5%. We now have 2.91B in the 12 trailing months.
Volume
The last Five Below volume reported today is 362315, which is 59.65% less than its average volume (898031).
Earnings Before Interest, Taxes, Depreciation, and Amortization
Five Below's EBITDA is 100.13.