For Immediate Release
Chicago, IL – June 5, 2023 – Stocks in this week’s article are Tecnoglass (
TGLS Quick Quote TGLS - Free Report) , Amphastar Pharmaceuticals ( AMPH Quick Quote AMPH - Free Report) , Turkcell Iletisim Hizmetleri ( TKC Quick Quote TKC - Free Report) , and Copa Holdings ( CPA Quick Quote CPA - Free Report) . 4 Solid Profitable Stocks to Invest in Using Net Income Ratio
Investors should look for companies that offer sturdy returns even after meeting all operating and non-operating costs. Hence, we have used the concept of accounting ratios to evaluate a company’s profitability. There are various 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,
Tecnoglass, Amphastar Pharmaceuticals, Turkcell Iletisim Hizmetleri, and Copa Holdings 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 four of the 17 stocks that qualified for the screening:
Tecnoglass manufactures and sells architectural glass, windows and aluminum products for the residential and commercial construction industries. The 12-month net profit margin of TGLS is 23.8%. Amphastar Pharmaceuticals is a specialty pharmaceutical company. The 12-month net profit margin of AMPH is 20.8%. Turkcell Iletisim Hizmetleri is the leading provider of mobile communications services in Turkey. The 12-month net profit margin of TKC is 42.3%. Copa Holdings offers airline passenger and cargo services. The 12-month net profit margin of CPA is 75.4%.
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Click here to sign up for a free trial to the Research Wizard today. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2103025/4-solid-profitable-stocks-to-invest-in-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. About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
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Contact: Jim Giaquinto
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