(VIANEWS) – Casella Waste Systems (CWST), Ares Management L.P. (ARES), Lincoln Electric Holdings (LECO) 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. Casella Waste Systems (CWST)
26.4% sales growth and 5.47% return on equity
Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, and industrial customers. The company provides a range of non-hazardous solid waste services, including collections, transfer stations, and disposal facilities. It also markets recyclable metals, aluminum, plastics, and paper and corrugated cardboard that are processed at its facilities, as well as recyclables purchased from third parties. In addition, the company is involved in commodity brokerage operations. As of April 15, 2021, it owned and/or operated 46 solid waste collection operations, 58 transfer stations, 20 recycling facilities, 8 Subtitle D landfills, 4 landfill gas-to-energy facilities, and 1 landfill permitted to accept construction and demolition materials. The company was founded in 1975 and is headquartered in Rutland, Vermont.
Earnings Per Share
As for profitability, Casella Waste Systems has a trailing twelve months EPS of $0.78.
PE Ratio
Casella Waste Systems has a trailing twelve months price to earnings ratio of 99.99. Meaning, the purchaser of the share is investing $99.99 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 5.47%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 15.6% and positive 11.1% for the next.
Volume
Today’s last reported volume for Casella Waste Systems is 124207 which is 58.72% below its average volume of 300936.
Sales Growth
Casella Waste Systems’s sales growth is 34.9% for the ongoing quarter and 26.4% for the next.
2. Ares Management L.P. (ARES)
16.2% sales growth and 16.04% return on equity
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.
Earnings Per Share
As for profitability, Ares Management L.P. has a trailing twelve months EPS of $1.66.
PE Ratio
Ares Management L.P. has a trailing twelve months price to earnings ratio of 64.01. Meaning, the purchaser of the share is investing $64.01 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 16.04%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 17.3% and 0.8%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Ares Management L.P.’s EBITDA is 10.24.
Moving Average
Ares Management L.P.’s worth is higher than its 50-day moving average of $101.22 and way higher than its 200-day moving average of $86.48.
Volume
Today’s last reported volume for Ares Management L.P. is 982603 which is 10.97% above its average volume of 885436.
3. Lincoln Electric Holdings (LECO)
14.2% sales growth and 45.18% return on equity
Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. The company's product offering also includes computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, it is involved in the retail business in the United States. Lincoln Electric Holdings, Inc. serves general fabrication, energy and process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. The company sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Lincoln Electric Holdings has a trailing twelve months EPS of $8.18.
PE Ratio
Lincoln Electric Holdings has a trailing twelve months price to earnings ratio of 22.52. Meaning, the purchaser of the share is investing $22.52 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 45.18%.
4. Beacon Roofing Supply (BECN)
6% sales growth and 18.09% return on equity
Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers. It offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment. The company also provides above grade and below grade membranes and coatings, deck and floor coatings, plaza deck waterproofing products, damp proofing coatings, and air and vapor barriers; tools and equipment, including power and hand tools, ladders and scaffolding, air tools and compressors, nails, screws and fasteners, generators, work wear and safety gear, job site supplies, tool bags and belts, welding and soldering, cleaning supplies, drill bits, and saw blades; and solar panels, mounting hardware, inverters, and storage and batteries. As of December 21, 2022, it operated approximately 470 branches in 50 states of the United States and 6 provinces in Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.
Earnings Per Share
As for profitability, Beacon Roofing Supply has a trailing twelve months EPS of $4.97.
PE Ratio
Beacon Roofing Supply has a trailing twelve months price to earnings ratio of 15.39. Meaning, the purchaser of the share is investing $15.39 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 18.09%.
Sales Growth
Beacon Roofing Supply’s sales growth is 10.4% for the present quarter and 6% for the next.
Yearly Top and Bottom Value
Beacon Roofing Supply’s stock is valued at $76.49 at 16:22 EST, way under its 52-week high of $87.46 and way above its 52-week low of $50.42.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Beacon Roofing Supply’s EBITDA is 0.86.
