For Immediate Release
Chicago, IL – September 30, 2022 – Stocks in this week’s article are Brigham Minerals MNRL, Hudson Technologies HDSN and Civitas Resources CIVI.
Buy These Top-Ranked Profitable Stocks Using Net Income Ratio
It's sensible to search for companies that offer sturdy returns even after meeting all operating and non-operating costs. In other words, investors should seek a profitable company over a loss-making one. Thus, we have used the concept of accounting ratios to evaluate a company's profitability. There are several profitability ratios, from which we have chosen the most successful and frequently used profitability metric to determine the bottom-line performance of a company.
To that end, Brigham Minerals, Hudson Technologies and Civitas Resources have been selected as the top picks with a high net income ratio.
Net Income Ratio
Net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenues. Using net income ratio, one can determine a company's effectiveness to meet operating and non-operating expenses from revenues. A higher net income ratio usually implies a company's ability to generate ample revenues and successfully manage all business functions.
Here are three of the 21 stocks that qualified the screening:
Brigham Minerals is a mineral acquisition company. It is focused on acquiring oil and gas mineral rights in unconventional shale plays throughout the United States. The 12-month net profit margin of MNRL is 41.2%.
Hudson Technologies is a leading provider of innovative solutions to recurring problems within the refrigeration industry. The 12-month net profit margin of HDSN is 31.9%.
Civitas Resources is a carbon-neutral oil & gas producer and is focused on developing and producing crude oil, natural gas and natural gas liquids principally in Colorado's Denver-Julesburg Basin. The 12-month net profit margin of CIVI is 28.7%.
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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1986389/buy-these-3-top-ranked-profitable-stocks-using-net-income-ratio
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
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Hudson Technologies, Inc. (HDSN) : Free Stock Analysis Report
Civitas Resources, Inc. (CIVI) : Free Stock Analysis Report
Brigham Minerals, Inc. (MNRL) : Free Stock Analysis Report
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