(VIANEWS) - Washington Federal (WAFD), ConnectOne Bancorp (CNOB), Autodesk (ADSK) 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. Washington Federal (WAFD)
32.6% sales growth and 10.74% return on equity
Washington Federal, Inc. operates as the bank holding company for Washington Federal Bank, National Association that provides lending, depository, insurance, and other banking services in the United States. The company accepts deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It also provides single-family residential, construction, land acquisition and development, consumer lot, multi-family residential, commercial and industrial, commercial real estate, home equity, and consumer loans. In addition, the company offers insurance brokerage services, such as individual and business insurance policies to customers and general public; holds and markets real estate properties; mobile and internet banking services; debit and credit cards; and acts as trustee. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. As of September 30, 2020, the company had 234 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, and Texas. Washington Federal, Inc. was founded in 1917 and is headquartered in Seattle, Washington.
Earnings per Share
Washington Federal's trailing twelve-month EPS is $3.39.
PE Ratio
Washington Federal's trailing 12-month price-to-earnings ratio is 11.25. The purchaser of the shares is therefore investing $11.25 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 10.74%.Moving Average
Washington Federal is worth more than its moving average for 50 days of $33.93, and much higher than its moving average for 200 days of $33.13.Volume
Washington Federal's current reported volume is currently 265150, which is 25.76% less than its average volume (357811).
2. ConnectOne Bancorp (CNOB)
13.6% sales growth and 11.19% return on equity
ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank, a chartered commercial bank that provides various commercial banking products and services. The company's deposit products include personal and business checking accounts, retirement accounts, money market accounts, and time and savings accounts. It also provides consumer and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; other personal purpose loans; and commercial construction and real estate loans. In addition, the company offers insurance, credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, ACH origination, mobile banking by phone, safe deposit box, and remote deposit capture services. It operates through a network of nine banking offices in Bergen County, five banking offices in Union County, two banking offices in Morris County, one office Essex County, one office in Hudson County, one office in Mercer County, one office in Monmouth County, one office in the borough of Manhattan, one office in Nassau County, and one office in Astoria, as well as six branches in the Hudson Valley. ConnectOne Bancorp, Inc. serves small-to-medium sized businesses, high net worth individuals, professional practices, and consumer and retail customers. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.
Earnings Per Share
As for profitability, ConnectOne Bancorp has a trailing twelve months EPS of $3.02.
PE Ratio
ConnectOne Bancorp has a trailing twelve months price to earnings ratio of 8.1. Meaning, the purchaser of the share is investing $8.1 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 11.19%.Yearly Top and Bottom Value
ConnectOne Bancorp's stock is valued at $24.46 at 19:22 EST, way below its 52-week high of $37.00 and above its 52-week low of $22.55.
3. Autodesk (ADSK)
9.7% sales growth and 53.97% return on equity
Autodesk, Inc. offers 3D engineering, entertainment, and design software worldwide. AutoCAD Civil 3D is a 3D design, analysis and documentation tool for civil engineering. It offers Inventor software that allows for 3D mechanical designs, simulations, analysis, tooling visualization and documentation. Vault is a data management program to store data centrally, speed up design processes and reduce collaboration. Maya and 3ds Max products offer 3D modeling and animation. ShotGrid can be used for production monitoring and review in media and entertainment. The company sells products and services directly to its customers as well as via a network distributors and resellers. Autodesk, Inc., was founded in 1982. It is located in San Rafael, California.
Earnings Per Share
As for profitability, Autodesk has a trailing twelve months EPS of $5.44.
PE Ratio
Autodesk has a trailing twelve months price to earnings ratio of 39.42. Meaning, the purchaser of the share is investing $39.42 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 53.97%.Revenue Growth
Year-on-year quarterly revenue growth grew by 16.7%, now sitting on 4.74B for the twelve trailing months.
Moving Average
Autodesk's value exceeds its $50-day moving mean of $200.41, and is much higher than that of its 200-day moving mean of $202.98.Annual Top and Bottom Value
Autodesk stock was valued at $214.47 as of 19:22 EST. This is way lower than the 52-week high at $335.48, and much higher than its 52 week low at $163.20.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 27.8% and 22.7%, respectively.4. Harbor Custom Development (HCDI)
9.7% sales growth and 8.46% return on equity
Harbor Custom Development, Inc. engages in the real estate development business in Western Washington's Puget Sound region. The company undertakes projects, such as residential lots, home communities, and single family and multi-family properties. It is involved in the land development cycle activities, including land acquisition, entitlements, construction of project infrastructure, home building, marketing, sales, and management of various residential projects. The company was formerly known as Harbor Custom Homes, Inc. and changed its name to Harbor Custom Development, Inc. in August 2019. Harbor Custom Development, Inc. was founded in 2014 and is headquartered in Gig Harbor, Washington.
Earnings Per Share
As for profitability, Harbor Custom Development has a trailing twelve months EPS of $0.33.
PE Ratio
Harbor Custom Development has a trailing twelve months price to earnings ratio of 2.03. Meaning, the purchaser of the share is investing $2.03 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 8.46%.Moving Average
Harbor Custom Development's value falls way below its moving average for 50 days of $0.99, and far beneath its moving average for 200 days of $1.65.Volume
Today's last reported volume for Harbor Custom Development is 134776 which is 124.8% above its average volume of 59952.
5. Microsoft (MSFT)
6.2% sales growth and 42.88% return on equity
Microsoft Corporation is a global software and services company that develops, licenses and supports software and devices. It operates three main segments, Productivity and business Processes and Intelligent Cloud. Productivity and Business Processes offers Office, Exchange and SharePoint as well as Microsoft Teams and Office 365 Security and Compliance. It also includes Skype for Business, Microsoft Viva and Skype for Business. Dynamics 365 is a suite of on-premises and cloud-based business solutions for enterprises and organizations. Intelligent Cloud licenses SQL and Windows Servers and Visual Studio and System Center and the related Client Access Licences. GitHub provides a code hosting and collaboration service, while Nuance offers enterprise AI and healthcare solutions. Azure is a cloud platform. The company also provides Microsoft consulting and enterprise support to customers. It can help them develop, deploy, manage, and maintain Microsoft desktop and server solutions. They also offer training and certification for Microsoft products. Windows Original Equipment Manufacturer (OEM), licensing, and non-volume licensing of Windows Operating System; Windows Commercial, including volume licensing of Windows operating systems, Windows cloud services and other Windows commercial offerings; Patent licensing; and Windows Internet of Things. Surface, accessories for PCs and tablets; Gaming (including Xbox hardware and Xbox content and service); video games; third-party royalties; Search; including Bing, Microsoft advertising; and Search. It sells products via OEMs and distributors as well as resellers and direct through online shops, digital marketplaces and retail outlets. Microsoft Corporation was established in 1975. Its headquarters are in Redmond Washington.
Earnings per Share
Microsoft's trailing 12-month EPS is $7.34.
PE Ratio
Microsoft's trailing 12-month price-earnings ratio is 32.92. The purchaser of the shares is therefore investing $32.92 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 42.88%.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 15, 2022, the estimated forward annual dividend rate is 2.72 and the estimated forward annual dividend yield is 1.1%.
Moving Average
Microsoft's worth is higher than its 50-day moving average of $239.49 and way below its 200-day moving average of $269.28.Earnings Before Interest, Taxes, Depreciation, and Amortization
Microsoft's EBITDA is 8.84.
Previous days news about Microsoft(MSFT)
- According to VentureBeat on Tuesday, 15 November, "Amazon Web Services (AWS) for the Edge, Microsoft Azure Stack Edge and Google Cloud Platform (GCP) Distributed Cloud are each focusing R&D on helping enterprises solve edge computing, IoT and cybersecurity challenges. "
- According to VentureBeat on Tuesday, 15 November, "In addition, Microsoft notes that while (according to another report) 76% of organizations have started implementing a zero-trust strategy, and 35% claim to have it fully implemented, those claiming to have achieved full implementation admit they haven't finished implementing zero trust steadily across all security risk areas and components."
- New Microsoft partnership accelerates generative AI development. According to VentureBeat on Tuesday, 15 November, "At the end of a training loop, the result is a trained reinforcement learning (RL) agent, which Microsoft refers to as "brains." The brains, when deployed, can take meaningful actions to complete the task at hand.", "Part of the technology is a capability to train models using a high-level language developed at Microsoft Project Bonsai called Inkling to train deep reinforcement agents to do control tasks."
- According to VentureBeat on Tuesday, 15 November, "Absolute Software, Akamai, CrowdStrike, Ivanti, McAfee, Microsoft 365, Qualys, SentinelOne, Tanium, Trend Micro and Webroot have delivered self-healing endpoints to enterprises today."
- According to MarketWatch on Tuesday, 15 November, "The rally comes after reports the company plans to with a $2.395 trillion market cap, Microsoft Corp. with a $1.814 trillion market cap and $1.270 trillion-valued Alphabet Inc. . "