(VIANEWS) – Frontline Ltd. Ordinary Shares (FRO), Mercantile Bank Corporation (MBWM), SunPower Corporation (SPWR) are the highest sales growth and return on equity stocks on this list.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?
1. Frontline Ltd. Ordinary Shares (FRO)
245% sales growth and 13.99% return on equity
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Frontline Ltd. Ordinary Shares has a trailing twelve months EPS of $2.09.
PE Ratio
Frontline Ltd. Ordinary Shares has a trailing twelve months price to earnings ratio of 8.04. Meaning, the purchaser of the share is investing $8.04 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.99%.
Yearly Top and Bottom Value
Frontline Ltd. Ordinary Shares’s stock is valued at $16.80 at 11:22 EST, way below its 52-week high of $19.29 and way higher than its 52-week low of $7.48.
Volume
Today’s last reported volume for Frontline Ltd. Ordinary Shares is 795636 which is 81.55% below its average volume of 4313490.
2. Mercantile Bank Corporation (MBWM)
30% sales growth and 13.6% return on equity
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial, residential mortgage, and instalment loans; vacant land, land development, and residential construction loans; owner and non-owner occupied, and multi-family and residential rental property real estate loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as loans for new and used automobiles, boats, and credit cards, as well as overdraft protection services. In addition, it provides courier services and safe deposit facilities; repurchase agreements; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 27 automated teller machines and 13 video banking machines. The company operates 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Mercantile Bank Corporation has a trailing twelve months EPS of $2.93.
PE Ratio
Mercantile Bank Corporation has a trailing twelve months price to earnings ratio of 10.07. Meaning, the purchaser of the share is investing $10.07 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.6%.
Volume
Today’s last reported volume for Mercantile Bank Corporation is 34994 which is 20.96% below its average volume of 44278.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 68.6% and 59.5%, respectively.
3. SunPower Corporation (SPWR)
27.3% sales growth and 22.17% return on equity
SunPower Corporation delivers solar solutions worldwide. It operates through Residential, Light Commercial; Commercial and Industrial Solutions; and Others segments. The company provides solar energy solutions, including sales to its third-party dealer network and resellers, storage solutions, cash and loan sales, and long-term leases directly to end customers; and sells turn-key engineering, procurement, and construction services, as well as sells energy under power purchase agreements. It also offers commercial roof, carport, and ground mounted systems; and post-installation operations and maintenance services. In addition, the company provides residential leasing program services, as well as sells inverters manufactured by third parties. The company also serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of Total Energies Nouvelles Activités USA.
Earnings Per Share
As for profitability, SunPower Corporation has a trailing twelve months EPS of $2.48.
PE Ratio
SunPower Corporation has a trailing twelve months price to earnings ratio of 5.07. Meaning, the purchaser of the share is investing $5.07 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 22.17%.
Volume
Today’s last reported volume for SunPower Corporation is 1433110 which is 67.82% below its average volume of 4453970.
4. PayPal (PYPL)
8.5% sales growth and 10.86% return on equity
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, PayPal has a trailing twelve months EPS of $2.12.
PE Ratio
PayPal has a trailing twelve months price to earnings ratio of 35. Meaning, the purchaser of the share is investing $35 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.86%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 21.6% and 22.6%, respectively.
Moving Average
PayPal’s value is under its 50-day moving average of $77.32 and below its 200-day moving average of $81.63.
5. Myers Industries (MYE)
7.2% sales growth and 24.01% return on equity
Myers Industries, Inc. manufactures and sells polymer products for industrial, agricultural, automotive, commercial, and consumer markets in the United States and internationally. It operates through two segments, Material Handling and Distribution. The Material Handling segment designs, manufactures, and markets various plastic and metal products, including plastic reusable material handling containers and small parts storage bins, plastic recreational vehicle tanks and parts, marine tanks and parts, portable plastic fuel tanks and water containers, portable marine fuel containers, ammunition containers, storage totes, bulk shipping containers, and metal carts and cabinets. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational vehicles, marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer, and other markets under the Buckhorn, Akro-Mils, Jamco, Ameri-Kart, and Scepter brands directly, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and undervehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as highway marking tapes. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire retreaders, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.
Earnings Per Share
As for profitability, Myers Industries has a trailing twelve months EPS of $1.02.
PE Ratio
Myers Industries has a trailing twelve months price to earnings ratio of 20.84. Meaning, the purchaser of the share is investing $20.84 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.01%.
Moving Average
Myers Industries’s worth is under its 50-day moving average of $22.66 and under its 200-day moving average of $21.44.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 1, 2022, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 2.31%.
Yearly Top and Bottom Value
Myers Industries’s stock is valued at $21.26 at 11:22 EST, way under its 52-week high of $26.49 and way higher than its 52-week low of $16.08.
