(VIANEWS) - Texas Pacific Land (TPL), Westport Fuel Systems (WPRT), Magna International (MGA) 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. Texas Pacific Land (TPL)
88.4% sales growth and 35.17% return on equity
Texas Pacific Land Trust holds title to tracts of land in the state of Texas.
Texas Pacific Land's sales growth this year is expected to be 28.9% and 39.9% for next year.
Year-on-year quarterly revenue growth declined by 12.9%, now sitting on 289.82M for the twelve trailing months.
Volume
Today's last reported volume for Texas Pacific Land is 14388 which is 71.23% below its average volume of 50015.
Texas Pacific Land's sales growth for the next quarter is 88.4%. The company's growth estimates for the present quarter and the next is 105.9% and 49.4%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 35.17%.
Volatility
Texas Pacific Land's last day, last week, and last month's current volatility was 2.37%, 2.93%, and 1.94%, respectively.
Texas Pacific Land's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.79% (day), 3.70% (last week), and 3.49% (last month), respectively.
Texas Pacific Land's Stock Yearly Top and Bottom Value
Texas Pacific Land's stock is valued at $1,479.81 at 16:22 EST, way under its 52-week high of $1,773.95 and way above its 52-week low of $427.69.
Texas Pacific Land's Moving Average
Texas Pacific Land's worth is under its 50-day moving average of $1,519.50 and higher than its 200-day moving average of $1,410.60.2. Westport Fuel Systems (WPRT)
35% sales growth and 5.07% return on equity
Westport Fuel Systems Inc. engineers, manufactures, and supplies alternative fuel systems and components for use in transportation applications worldwide.
Westport Fuel Systems's sales growth this year is anticipated to be 36.7% and 20.7% for next year.
Year-on-year quarterly revenue growth grew by 13.7%, now sitting on 261.72M for the twelve trailing months.
Volume
Today's last reported volume for Westport Fuel Systems is 1515950 which is 29.18% below its average volume of 2140700.
Westport Fuel Systems's sales growth for the next quarter is 35%. The company's growth estimates for the current quarter and the next is a negative 200% and 100%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 5.07%.
Volatility
Westport Fuel Systems's last day, last week, and last month's current volatility was 4.15%, 2.39%, and 3.43%, respectively.
Westport Fuel Systems's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 8.85% (day), 5.41% (last week), and 5.87% (last month), respectively.
Westport Fuel Systems's Stock Yearly Top and Bottom Value
Westport Fuel Systems's stock is valued at $3.91 at 16:22 EST, way below its 52-week high of $12.95 and way higher than its 52-week low of $1.51.
Westport Fuel Systems's Moving Average
Westport Fuel Systems's worth is way under its 50-day moving average of $4.60 and way under its 200-day moving average of $6.81.3. Magna International (MGA)
12.2% sales growth and 9.27% return on equity
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers (OEMs) of vehicles and light trucks worldwide.
Magna International's sales growth this year is expected to be 25.5% and 8% for next year.
Year-on-year quarterly revenue growth grew by 17.6%, now sitting on 34.17B for the twelve trailing months.
Volume
Today's last reported volume for Magna International is 2061140 which is 55.14% above its average volume of 1328520.
Magna International's sales growth for the next quarter is 12.2%. The company's growth estimates for the present quarter and the next is 184.8% and 0.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 9.27%.
Volatility
Magna International's last day, last week, and last month's current volatility was 0.41%, 0.89%, and 1.75%, respectively.
Magna International's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.60% (day), 2.03% (last week), and 2.45% (last month), respectively.
Magna International's Stock Yearly Top and Bottom Value
Magna International's stock is valued at $83.66 at 16:22 EST, way below its 52-week high of $104.28 and way above its 52-week low of $43.08.
Magna International's Moving Average
Magna International's value is under its 50-day moving average of $91.31 and under its 200-day moving average of $88.72.Previous days news about Magna International(MGA)
According to Bloomberg Quint on Thursday, 5 August, "Qualcomm Inc. has offered to buy automotive technology company Veoneer Inc. for $4.6 billion, muscling in on a rival bid from Magna International Inc."
According to Benzinga on Friday, 6 August, "• Magna International (NYSE:MGA) is projected to report quarterly earnings at $1.47 per share on revenue of $9.37 billion."
According to Benzinga on Wednesday, 4 August, "Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of VNE to Magna International Inc. for $31.25 in cash per shares VNE owned."
4. Oaktree Specialty Lending Corporation (OCSL)
12% sales growth and 33.92% return on equity
Oaktree Specialty Lending Corporation is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, and management buyouts in small and mid-sized companies.
Oaktree Specialty Lending Corporation's sales growth this year is expected to be 23.2% and 15.6% for next year.
Year-on-year quarterly revenue growth grew by 22.7%, now sitting on 158.15M for the twelve trailing months.
Volume
Today's last reported volume for Oaktree Specialty Lending Corporation is 964440 which is 32.44% above its average volume of 728174.
Oaktree Specialty Lending Corporation's sales growth is a negative 0% for the ongoing quarter and 12% for the next. The company's growth estimates for the present quarter and the next is 16.7% and negative -17.6%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 33.92%.
Volatility
Oaktree Specialty Lending Corporation's last day, last week, and last month's current volatility was 0.99%, 1.10%, and 0.95%, respectively.
Oaktree Specialty Lending Corporation's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.83% (day), 1.71% (last week), and 1.55% (last month), respectively.
Oaktree Specialty Lending Corporation's Stock Yearly Top and Bottom Value
Oaktree Specialty Lending Corporation's stock is valued at $7.16 at 16:22 EST, below its 52-week high of $7.24 and way higher than its 52-week low of $4.52.
Oaktree Specialty Lending Corporation's Moving Average
Oaktree Specialty Lending Corporation's worth is higher than its 50-day moving average of $6.75 and way above its 200-day moving average of $6.46.5. Progressive Corporation (PGR)
11.2% sales growth and 31.04% return on equity
The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States.
Progressive Corporation's sales growth this year is expected to be 13.6% and 9.9% for next year.
Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 45.69B for the twelve trailing months.
Volume
Today's last reported volume for Progressive Corporation is 3018020 which is 0.72% below its average volume of 3040070.
Progressive Corporation's sales growth for the next quarter is 11.2%. The company's growth estimates for the present quarter and the next is a negative 40.8% and negative -36.5%. The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 31.04%.
Volatility
Progressive Corporation's last day, last week, and last month's current volatility was 0.07%, 0.97%, and 1.04%, respectively.
Progressive Corporation's current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.51% (day), 1.45% (last week), and 2.00% (last month), respectively.
Progressive Corporation's Stock Yearly Top and Bottom Value
Progressive Corporation's stock is valued at $96.92 at 16:22 EST, below its 52-week high of $107.59 and way above its 52-week low of $84.89.