(VIANEWS) – First Solar (FSLR), The Pennant Group (PNTG), EnLink Midstream, LLC (ENLC) 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 $11.21.
PE Ratio
First Solar has a trailing twelve months price to earnings ratio of 21.57. Meaning, the purchaser of the share is investing $21.57 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%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 27.2% and 51.1%, respectively.
Yearly Top and Bottom Value
First Solar’s stock is valued at $241.81 at 20:22 EST, way below its 52-week high of $306.77 and way above its 52-week low of $129.22.
2. The Pennant Group (PNTG)
24.2% sales growth and 13.14% return on equity
The Pennant Group, Inc. provides healthcare services in the United States. It operates in two segments, Home Health and Hospice Services, and Senior Living Services. The company offers home health services, including clinical services, such as nursing, speech, occupational and physical therapy, medical social work, and home health aide services; and hospice services comprising clinical care, education, and counseling services for the physical, spiritual, and psychosocial needs of terminally ill patients and their families. It also provides senior living services, such as residential accommodations, activities, meals, housekeeping, and assistance in the activities of daily living to seniors, who are independent or who require some support. As of December 31, 2021, the company operated 88 home health and hospice agencies, and 54 senior living communities with 4127 Senior Living units in Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The Pennant Group, Inc. was incorporated in 2019 and is headquartered in Eagle, Idaho.
Earnings Per Share
As for profitability, The Pennant Group has a trailing twelve months EPS of $0.64.
PE Ratio
The Pennant Group has a trailing twelve months price to earnings ratio of 54.19. Meaning, the purchaser of the share is investing $54.19 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 13.14%.
3. EnLink Midstream, LLC (ENLC)
14.2% sales growth and 10.81% return on equity
EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 22 natural gas processing plants;7 fractionators with approximately 320,000 barrels per day; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, EnLink Midstream, LLC has a trailing twelve months EPS of $0.3.
PE Ratio
EnLink Midstream, LLC has a trailing twelve months price to earnings ratio of 48.37. Meaning, the purchaser of the share is investing $48.37 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 10.81%.
4. OFS Credit Company (OCCI)
12.2% sales growth and 10.34% return on equity
OFS Credit Company, Inc. is a fund of OFS Advisor.
Earnings Per Share
As for profitability, OFS Credit Company has a trailing twelve months EPS of $0.68.
PE Ratio
OFS Credit Company has a trailing twelve months price to earnings ratio of 11.07. Meaning, the purchaser of the share is investing $11.07 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 10.34%.
5. UMB Financial Corporation (UMBF)
8.5% sales growth and 12.51% return on equity
UMB Financial Corporation operates as the bank holding company for the UMB Bank that provides various banking and other financial services. The Commercial Banking segment provides commercial loans and credit cards; commercial real estate financing; letters of credit; loan syndication, and consultative services; various business solutions including asset-based lending, accounts receivable financing, mezzanine debt, and minority equity investments; and treasury management services, such as depository services, account reconciliation, cash management tools, accounts payable and receivable solutions, electronic fund transfer and automated payments, controlled disbursements, lockbox services, and remote deposit capture services. The Institutional Banking segment offers fund administration and accounting, investor services and transfer agency, marketing and distribution, custody, alternative investment services, fixed income sales, trading and underwriting, and corporate trust and escrow services, as well as institutional custody services. This segment also provides healthcare payment solutions comprising custodial services for health savings accounts and private label, multipurpose debit cards to insurance carriers, third-party administrators, software companies, employers, and financial institutions. The Personal Banking segment offers deposit accounts, retail credit cards, private banking, installment loans, home equity lines of credit, residential mortgages, and small business loans, as well as internet banking, ATM network, private banking, brokerage and insurance services, and advisory and trust services. It operates through a network of branches and offices in the states of Missouri, Kansas, Colorado, Illinois, Oklahoma, Texas, Arizona, Nebraska, Iowa, Pennsylvania, South Dakota, Indiana, Utah, Minnesota, California, and Wisconsin. UMB Financial Corporation was founded in 1913 and is headquartered in Kansas City, Missouri.
Earnings Per Share
As for profitability, UMB Financial Corporation has a trailing twelve months EPS of $7.75.
PE Ratio
UMB Financial Corporation has a trailing twelve months price to earnings ratio of 13.77. Meaning, the purchaser of the share is investing $13.77 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 12.51%.
Sales Growth
UMB Financial Corporation’s sales growth is 9% for the current quarter and 8.5% for the next.
Previous days news about UMB Financial Corporation(UMBF)
- According to Zacks on Friday, 4 October, "Some better-ranked stocks from the banking space are The Bank of New York Mellon Corporation (BK Quick QuoteBK – Free Report) and UMB Financial Corporation (UMBF Quick QuoteUMBF – Free Report) ."
6. PulteGroup (PHM)
5.9% sales growth and 26.97% return on equity
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods brand names. As of December 31, 2022, it controlled 211,112 lots, of which 108,848 were owned and 102,264 were under land option agreements. In addition, the company arranges financing through the origination of mortgage loans primarily for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was founded in 1950 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, PulteGroup has a trailing twelve months EPS of $13.1.
PE Ratio
PulteGroup has a trailing twelve months price to earnings ratio of 10.94. Meaning, the purchaser of the share is investing $10.94 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 26.97%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 17, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 0.55%.
Sales Growth
PulteGroup’s sales growth is 6.6% for the current quarter and 5.9% for the next.
Yearly Top and Bottom Value
PulteGroup’s stock is valued at $143.30 at 20:22 EST, under its 52-week high of $145.84 and way above its 52-week low of $68.80.
Previous days news about PulteGroup(PHM)
- According to Zacks on Friday, 4 October, "PulteGroup: Based in Atlanta, GA, PulteGroup engages in homebuilding and financial services businesses, primarily in the United States. "
- According to Zacks on Friday, 4 October, "By balancing spec and build-to-order homes, PulteGroup is able to address diverse buyer needs, remain flexible in response to market conditions and leverage operational efficiencies to drive growth. "
