Elevate Credit and Bob Evans Farms can add profound upside to your portfolio. This is because the optimistic growth outlook for their profitability and returns make their high-growth potential appealing relative to their peers. If a buoyant growth prospect is what you’re after in your next investment, I’ve put together a list of high-growth stocks you may be interested in, based on the latest financial data from each company.
Elevate Credit, Inc. (NYSE:ELVT)
Elevate Credit, Inc. design and provides online credit solutions to non-prime consumers in the United States and the United Kingdom. Established in 2014, and currently run by Kenneth Rees, the company size now stands at 540 people and with the company’s market capitalisation at USD $341.89M, we can put it in the small-cap group.
Extreme optimism for ELVT, as market analysts projected an outstanding earnings growth, which is expected to more than double, supported by a double-digit sales growth of 49.13%. Although reduction in cost is not the most sustainable operational activity, the expanding top-line growth, on the other hand, is encouraging. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 34.36%. ELVT’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. A potential addition to your portfolio? I recommend researching its fundamentals here.
Bob Evans Farms, Inc. (NASDAQ:BOBE)
Bob Evans Farms, Inc. produces and distributes food products for grocery retailers in the United States. Formed in 1948, and currently run by J. Townsley, the company now has 1,021 employees and with the company’s market cap sitting at USD $1.54B, it falls under the small-cap group.
BOBE’s projected future profit growth is an exceptional triple-digit, with an underlying 28.70% growth from its revenues expected over the upcoming years. An affirming signal is when net income increase also comes with top-line growth. Even though some cost-reduction initiatives may have also pushed up margins, in the case of BOBE, it does not appear extreme. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 32.81%. BOBE ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Interested to learn more about BOBE? Check out its fundamental factors here.
Restaurant Brands International Inc. (NYSE:QSR)
Restaurant Brands International Inc. owns, operates, and franchises quick service restaurants under the Tim Hortons and Burger King brand names. Established in 1954, and run by CEO Daniel Schwartz, the company employs 4,300 people and has a market cap of USD $30.00B, putting it in the large-cap category.
An outstanding doubling of earnings is forecasted for QSR, driven by an underlying sales growth of 16.91% over the next few years. Though some cost-cutting activities may artificially inflate margins, it appears that this isn’t solely the case here, as profit growth is also coupled with high top-line expansion. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 37.87%. QSR ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Want to know more about QSR? I recommend researching its fundamentals here.For more financially robust companies with high growth potential to enhance your portfolio, use our free platform to explore our interactive list of these stocks.