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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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2210585/4-solid-profitable-stocks-to-buy-using-net-income-ratio

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