Zacks.com featured highlights e.l.f. Beauty, Virco, Stride and Camtek
For Immediate Release
Chicago, IL – January 17, 2024 – Stocks in this week’s article are e.l.f. Beauty ELF, Virco Manufacturing VIRC, Stride LRN and Camtek CAMT.
4 Solid Profitable Stocks to Buy Using Net Income Ratio
Investors should look for companies that offer sturdy returns even after meeting all operating and non-operating costs. After all, they always seek a profitable company over a loss-making one. Hence, to evaluate a company’s profitability, the concept of accounting ratios should be used by investors.
There are a variety of profitability ratios, from which we have chosen the most successful and frequently used profitability metric to determine a company's bottom-line performance.
To that end, e.l.f. Beauty,Virco Manufacturing, Stride and Camtek have been selected as the top picks with a high net income ratio.
Net Income Ratio
The net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenues. Using the net income ratio, one can determine a company’s effectiveness in meeting 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 four of the 16 stocks that qualified for the screening:
e.l.f. Beauty operates as a cosmetic company. The 12-month net profit margin of ELF is 15.9%.
Virco Manufacturing designs and distributes quality furniture for the contract and education markets worldwide. The 12-month net profit margin of VIRC is 10.7%.
Stride is a premier provider of K-12 education for students, schools and districts. The 12-month net profit margin of LRN is 8.2%.
Camtek manufactures and markets automatic optical inspection systems and related products. The 12-month net profit margin of CAMT is 25.8%.
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Camtek Ltd. (CAMT) : Free Stock Analysis Report
Virco Manufacturing Corporation (VIRC) : Free Stock Analysis Report
Stride, Inc. (LRN) : Free Stock Analysis Report
e.l.f. Beauty (ELF) : Free Stock Analysis Report
