(VIANEWS) – First Solar (FSLR), Coastal Financial Corporation (CCB), Ceragon Networks Ltd. (CRNT) 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. First Solar (FSLR)
36.8% sales growth and 18.11% return on equity
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.
Earnings Per Share
As for profitability, First Solar has a trailing twelve months EPS of $11.2.
PE Ratio
First Solar has a trailing twelve months price to earnings ratio of 20.3. Meaning, the purchaser of the share is investing $20.3 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 18.11%.
Volume
Today’s last reported volume for First Solar is 1234930 which is 50.65% below its average volume of 2502680.
Yearly Top and Bottom Value
First Solar’s stock is valued at $227.37 at 11:22 EST, way below its 52-week high of $306.77 and way higher than its 52-week low of $129.22.
Previous days news about First Solar(FSLR)
- First solar (fslr) stock moves -0.3%: what you should know. According to Zacks on Thursday, 5 September, "The investment community will be paying close attention to the earnings performance of First Solar in its upcoming release. ", "In terms of valuation, First Solar is currently trading at a Forward P/E ratio of 15.81. "
2. Coastal Financial Corporation (CCB)
35.2% sales growth and 12.79% return on equity
Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts. The company also offers commercial and industrial loans, such as term loans, small business administration loans, commercial lines of credit, capital call lines working capital loans, equipment financing, borrowing base loans, and other loan products; owner-occupied and non-owner-occupied real estate loans, and multi-family residential loans; construction and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as overdraft protection. In addition, it provides remote deposit capture, online and mobile banking, and direct and reciprocal deposit services, as well as debit cards. Further, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services, as well as banking as a service, a platform that allows broker dealers and digital financial service providers to offer their customers banking services. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.
Earnings Per Share
As for profitability, Coastal Financial Corporation has a trailing twelve months EPS of $2.75.
PE Ratio
Coastal Financial Corporation has a trailing twelve months price to earnings ratio of 18.55. Meaning, the purchaser of the share is investing $18.55 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 12.79%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 26.7% and 69.7%, respectively.
3. Ceragon Networks Ltd. (CRNT)
19% sales growth and 7.71% return on equity
Ceragon Networks Ltd., together with its subsidiaries, provides wireless transport solutions for cellular operators and other wireless service providers in North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America. The company's solutions use microwave and millimeter wave radio technology to transfer telecommunication traffic between base stations, small/distributed cells, and the service provider's network. It also provides IP-20 all-outdoor solutions, such as IP-20C, IP-20C-HP, IP-20S, IP-20E, and IP-20V; IP-20 split-mount, all-indoor solutions comprising IP-20N/IP-20A, IP-20F, and IP-20G; and IP-50 disaggregated solutions, including IP-50E, IP-50EX, IP-50C, IP-50CX, and IP-50FX for various short-haul, long-haul, fronthaul, small cells, routing, and enterprise access applications. In addition, the company offers network and radio planning, site surveys, solutions development, installation, network rollout, wireless transport network auditing and optimization, maintenance, training, and other services. It serves internet service providers, municipalities, government, utilities, and maritime communications broadcasters and defense, as well as oil and gas companies, public safety organizations, business and public institutions, broadcasters, energy utilities, and private communications networks. The company sells its products through direct sales, original equipment manufacturers, resellers, distributors, and system integrators. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was incorporated in 1996 and is headquartered in Rosh Ha'Ayin, Israel.
Earnings Per Share
As for profitability, Ceragon Networks Ltd. has a trailing twelve months EPS of $0.11.
PE Ratio
Ceragon Networks Ltd. has a trailing twelve months price to earnings ratio of 27.09. Meaning, the purchaser of the share is investing $27.09 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 7.71%.
4. Credicorp Ltd. (BAP)
13.1% sales growth and 15.79% return on equity
Credicorp Ltd., a financial services holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. The company's Universal Banking segment offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities. Its Insurance and Pensions segment issues insurance policies to cover losses in commercial property, transportation, marine vessels, automobile, life, health, and pensions, as well as provides private pension fund management services. The company's Microfinance segment manages loans, credits, deposits, and current accounts of the small and microenterprises. Its Investment Banking and Wealth Management segment offers its services to corporations, institutional investors, governments, and foundations; engages in structuring and placement of issues in the primary market, as well as the execution and negotiation of operations in the secondary market; and structures securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.
Earnings Per Share
As for profitability, Credicorp Ltd. has a trailing twelve months EPS of $16.2.
PE Ratio
Credicorp Ltd. has a trailing twelve months price to earnings ratio of 10.47. Meaning, the purchaser of the share is investing $10.47 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 15.79%.
5. Stifel Financial Corporation (SF)
12.1% sales growth and 10.42% return on equity
Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other. The company provides private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading and research, and municipal finance services; investment banking services, such as mergers and acquisitions, public offerings, and private placements; and retail and commercial banking services comprising personal and commercial lending programs, as well as deposit accounts. It participates in and manages underwritings for corporate and public finance; and offers financial advisory and securities brokerage services. The company was founded in 1890 and is headquartered in Saint Louis, Missouri.
Earnings Per Share
As for profitability, Stifel Financial Corporation has a trailing twelve months EPS of $4.72.
PE Ratio
Stifel Financial Corporation has a trailing twelve months price to earnings ratio of 18.52. Meaning, the purchaser of the share is investing $18.52 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 10.42%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 4.55B for the twelve trailing months.
Volume
Today’s last reported volume for Stifel Financial Corporation is 4425 which is 99.29% below its average volume of 626792.
Sales Growth
Stifel Financial Corporation’s sales growth is 15.4% for the present quarter and 12.1% for the next.
Yearly Top and Bottom Value
Stifel Financial Corporation’s stock is valued at $87.40 at 11:22 EST, under its 52-week high of $90.00 and way higher than its 52-week low of $54.81.
6. Gentex Corporation (GNTX)
8.1% sales growth and 18.1% return on equity
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. The company sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
Earnings Per Share
As for profitability, Gentex Corporation has a trailing twelve months EPS of $1.8.
PE Ratio
Gentex Corporation has a trailing twelve months price to earnings ratio of 17.41. Meaning, the purchaser of the share is investing $17.41 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 18.1%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.8%, now sitting on 2.33B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 13.3% and 10%, respectively.
Moving Average
Gentex Corporation’s worth is under its 50-day moving average of $31.85 and under its 200-day moving average of $33.39.
Sales Growth
Gentex Corporation’s sales growth is 8.9% for the ongoing quarter and 8.1% for the next.
7. Gartner (IT)
6.6% sales growth and 134.41% return on equity
Earnings Per Share
As for profitability, Gartner has a trailing twelve months EPS of $11.06.
PE Ratio
Gartner has a trailing twelve months price to earnings ratio of 42.08. Meaning, the purchaser of the share is investing $42.08 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 134.41%.
Volume
Today’s last reported volume for Gartner is 236102 which is 39.37% below its average volume of 389462.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.1%, now sitting on 6.06B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 6.6% and positive 3.6% for the next.
