(VIANEWS) - CorEnergy Infrastructure Trust (CORR), Eagle Bancorp Montana (EBMT), East West Bancorp (EWBC) 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. CorEnergy Infrastructure Trust (CORR)
5277.6% sales growth and 4.77% return on equity
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA), is a real estate investment trust (REIT) that owns critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets. We receive long-term contracted revenue from customers and operators of our assets, including triple-net participating leases and from long term customer contracts.
Earnings Per Share
As for profitability, CorEnergy Infrastructure Trust has a trailing twelve months EPS of $-23.095.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 4.77%.Revenue growth
The year-on-year revenue growth for quarterly declined 2.4%. We now have 137.19M in the 12 trailing months.
2. Eagle Bancorp Montana (EBMT)
55.8% sales growth and 5.72% return on equity
Eagle Bancorp Montana, Inc. operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services to small businesses and individuals in Montana. It accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts. The company also provides 1-4 family residential mortgage loans, such as residential mortgages and construction of residential properties; commercial real estate loans, including multi-family dwellings, nonresidential property, commercial construction and development, and farmland loans; and second mortgage/home equity loans. In addition, it offers consumer loans, such as loans secured by collateral other than real estate, such as automobiles, recreational vehicles, and boats; personal loans and lines of credit; commercial business loans consisting of business loans and lines of credit on a secured and unsecured basis; construction loans; agricultural loans; and mortgage loan services. The company operates 23 full-service branches, 1 community banking office, and 25 automated teller machines. Eagle Bancorp Montana, Inc. was founded in 1922 and is headquartered in Helena, Montana.
Earnings per Share
Eagle Bancorp Montana's trailing twelve-month EPS is $1.25.
PE Ratio
Eagle Bancorp Montana's trailing 12-month price-to-earnings ratio is 13.13. The purchaser of the shares is investing $13.13 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 5.72%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 8, 2022, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 3.19%.
3. East West Bancorp (EWBC)
42.2% sales growth and 17.78% return on equity
East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals. It operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. The company accepts various deposit products, such as personal and business checking and savings accounts, money market, and time deposits. Its loan products include mortgage and home equity, commercial and residential real estate, working capital lines of credit, construction, trade finance, letters of credit, commercial business, affordable housing loans, asset-based lending, asset-backed finance, project finance, and equipment financing, as well as financing services to clients needing a financial bridge to facilitate their business transactions between the United States and China. The company also provides various wealth management, treasury management, foreign exchange, and interest rate and commodity risk hedging services; and mobile and online banking services. As of January 27, 2022, it operated approximately 120 locations in the United States and China; full-service branches in Hong Kong, Shanghai, Shantou, and Shenzhen; and representative offices in Beijing, Chongqing, Guangzhou, Taipei, and Xiamen. East West Bancorp, Inc. was incorporated in 1998 and is headquartered in Pasadena, California.
Earnings per Share
East West Bancorp's trailing twelve-month EPS is $4.41.
PE Ratio
East West Bancorp's trailing 12-month price-to-earnings ratio is 14.94. The purchaser of the shares is therefore investing $14.94 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 17.78%.Yearly Top and Bottom Value
East West Bancorp's stock is valued at $65.88 at 15:22 EST, way under its 52-week high of $93.51 and above its 52-week low of $61.65.
4. Canadian Solar (CSIQ)
38% sales growth and 8.6% return on equity
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products. The company operates through two segments, Module and System Solutions (MSS), and Energy. The MSS segment engages in the design, development, manufacture, and sale of a range of solar power products, including standard solar modules, specialty solar products, and solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories. It also provides engineering, procurement, and construction; and operation and maintenance (O&M) services. This segment's energy solution products include solar inverters and energy storage systems for utility, commercial, residential, and specialty product applications. Its O&M services include inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar power projects. The Energy segment engages in the development and sale of solar power projects; and operation of solar power plants and sale of electricity. As of January 31, 2020, this segment had a fleet of solar power plants in operation with an aggregate capacity of approximately 880.2 MWp. The company's primary customers include distributors, system integrators, project developers, and installers/EPC companies. Canadian Solar Inc. sells its products primarily under its Canadian Solar brand name; and on an OEM basis. It has operations in North America, South America, Europe, South Africa, the Middle East, Australia, Asia, and internationally. The company was founded in 2001 and is headquartered in Guelph, Canada.
Earnings Per Share
As for profitability, Canadian Solar has a trailing twelve months EPS of $2.38.
PE Ratio
Canadian Solar has a trailing twelve months price to earnings ratio of 17.27. Meaning, the purchaser of the share is investing $17.27 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 8.6%.Annual Top and Bottom Value
Canadian Solar stock was valued at $41.08 as of 15:22 EST. This is way below its 52 week high of $47.69, and far above its 52 week low of $22.15.
Moving Average
Canadian Solar's value has risen to a lot more than its $50-day moving mean of $35.04, and a lot higher than its $200-day moving median of $34.38.Volume
Today's last reported volume for Canadian Solar is 769325 which is 23.47% below its average volume of 1005360.
Revenue Growth
Year-on-year quarterly revenue growth grew by 61.9%, now sitting on 6.32B for the twelve trailing months.
5. EnLink Midstream, LLC (ENLC)
23.2% sales growth and 13.33% return on equity
EnLink Midstream, LLC is a company that provides midstream services to the United States. The company operates in the Permian region of North Texas and Oklahoma Texas. It also has corporate segments. It is engaged in the following activities: gathering, compressing and treating, transporting and storing natural gas, fractionating, transporting and storing natural gas liquids, storage, transporting and selling them, and storing crude oil and condensate. The company's midstream assets network includes 12,000 miles worth of pipelines, 21 natural gas processing facilities, 7 fractionators, barge and railroad terminals, product storage facilities and brine disposal wells. Dallas is the headquarters of this company, which was established in 2013.
Earnings Per Share
As for profitability, EnLink Midstream, LLC has a trailing twelve months EPS of $0.53.
PE Ratio
EnLink Midstream, LLC has a trailing twelve months price to earnings ratio of 24.87. Meaning, the purchaser of the share is investing $24.87 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 13.33%.6. Surgery Partners (SGRY)
11.8% sales growth and 4.95% return on equity
Surgery Partners, Inc., through its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. The company operates through two segments, Surgical Facility Services and Ancillary Services. Its surgical facilities comprise ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including gastroenterology, general surgery, ophthalmology, orthopedics, and pain management. The company's surgical hospitals also provide ancillary services, such as diagnostic imaging, pharmacy, laboratory, obstetrics, oncology, physical therapy, and wound care; and ancillary services, which consist of multi-specialty physician practices, urgent care facilities, and anesthesia services. As of December 31, 2021, it owned or operated a portfolio of 126 surgical facilities, including 108 ambulatory surgical centers and 18 surgical hospitals in 31 states. Surgery Partners, Inc. was founded in 2004 and is headquartered in Brentwood, Tennessee.
Earnings Per Share
As for profitability, Surgery Partners has a trailing twelve months EPS of $-0.47.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 4.95%.