Analysts are bullish on these following companies: rhipe, AMA Group, Sky andce Global. These companies are relatively strong financially, and have a great outlook in terms of profits and cash flow. 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.
rhipe Limited (ASX:RHP)
rhipe Limited, through its subsidiaries, provides cloud licensing, subscription management tools, and value-added services to IT service providers across the Asia Pacific. Established in 2003, and currently lead by Dominic O’Hanlon, the company provides employment to 136 people and with the market cap of AUD A$117.57M, it falls under the small-cap category.
RHP’s projected future profit growth is an exceptional triple-digit, with an underlying 24.39% 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 RHP, it does not appear extreme. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 13.65%. RHP ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Thinking of investing in RHP? I recommend researching its fundamentals here.
AMA Group Limited (ASX:AMA)
AMA Group Limited operates in the wholesale vehicle aftercare and accessories market in Australia. AMA Group is run by CEO Raymond Malone. With a current market cap of AUD A$504.02M, we can put AMA in the small-cap group
AMA is expected to deliver a buoyant earnings growth over the next couple of years of 49.54%, driven by a positive double-digit revenue growth of 42.47% and cost-cutting initiatives. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 18.15%. AMA’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Should you add AMA to your portfolio? Other fundamental factors you should also consider can be found here.
Sky and Space Global Limited (ASX:SAS)
Sky and Space Global Limited operates as a nano-satellite technology company. Sky andce Global is currently led by CEO Meir Moalem. With the stock’s market cap sitting at AUD A$262.79M, it falls under the small-cap stocks category