(VIANEWS) – Canadian Solar (CSIQ), AvalonBay Communities (AVB), Rambus (RMBS) 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. Canadian Solar (CSIQ)
34.5% sales growth and 18.21% 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 $5.67.
PE Ratio
Canadian Solar has a trailing twelve months price to earnings ratio of 4.43. Meaning, the purchaser of the share is investing $4.43 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 18.21%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 27.7% and positive 32.4% for the next.
Moving Average
Canadian Solar’s value is way below its 50-day moving average of $30.82 and way below its 200-day moving average of $36.52.
Volume
Today’s last reported volume for Canadian Solar is 778759 which is 30.51% below its average volume of 1120780.
2. AvalonBay Communities (AVB)
22.6% sales growth and 11% return on equity
As of June 30, 2023, the Company owned or held a direct or indirect ownership interest in 294 apartment communities containing 88,659 apartment homes in 12 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.
Earnings Per Share
As for profitability, AvalonBay Communities has a trailing twelve months EPS of $8.91.
PE Ratio
AvalonBay Communities has a trailing twelve months price to earnings ratio of 19.47. Meaning, the purchaser of the share is investing $19.47 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 11%.
Volume
Today’s last reported volume for AvalonBay Communities is 122901 which is 81.2% below its average volume of 653965.
Sales Growth
AvalonBay Communities’s sales growth is 4.3% for the current quarter and 22.6% for the next.
3. Rambus (RMBS)
11.5% sales growth and 21.2% return on equity
Rambus Inc. provides semiconductor products in the United States, Taiwan, South Korea, Japan, Europe, Canada, Singapore, China, and internationally. The company offers DDR memory interface chips, including DDR5, DDR4 and DDR3 memory interface chips to module manufacturers and OEMs; silicon IP comprising, interface and security IP solutions that move and protect data in advanced applications; and physical interface and digital controller IP to offer industry-leading, integrated memory and interconnect subsystems. It also provides a portfolio of patents that covers memory architecture, high-speed serial links, and security products. The company markets its products and services through its direct sales force and distributors. Rambus Inc. was incorporated in 1990 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Rambus has a trailing twelve months EPS of $1.76.
PE Ratio
Rambus has a trailing twelve months price to earnings ratio of 31.7. Meaning, the purchaser of the share is investing $31.7 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 21.2%.
Yearly Top and Bottom Value
Rambus’s stock is valued at $55.79 at 20:22 EST, way below its 52-week high of $68.54 and way above its 52-week low of $24.81.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.1%, now sitting on 468.2M for the twelve trailing months.
4. Qualys (QLYS)
10.9% sales growth and 35.76% return on equity
Qualys, Inc. provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management; Vulnerability Management, Detection and Response; Threat Protection; Continuous Monitoring; Patch Management; Multi-Vector Endpoint Detection and Response; Certificate Assessment; SaaS Detection and Response; Secure Enterprise Mobility; Policy Compliance; Security Configuration Assessment; PCI Compliance; File Integrity Monitoring; Security Assessment Questionnaire; Out of-Band Configuration Assessment; Web Application Scanning; Web Application Firewall; Global Asset Inventory; Cybersecurity Asset Management; Certificate Inventory; Cloud Inventory; Cloud Security Assessment; and Container Security. Its integrated suite of IT, security, and compliance solutions delivered on its Qualys Cloud Platform enables customers to identify and manage IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend and implement remediation actions, and verify the implementation of such actions. The company also provides asset tagging and management, reporting and dashboards, questionnaires and collaboration, remediation and workflow, big data correlation and analytics engine, and alerts and notifications, which enable integrated workflows, management and real-time analysis, and reporting across IT, security, and compliance solutions. The company offers its solutions through its sales teams, as well as through its network of channel partners, such as security consulting organizations, managed service providers, resellers, and consulting firms. It serves enterprises, government entities, and small and medium-sized businesses in various industries, including education, financial services, government, healthcare, insurance, manufacturing, media, retail, technology, and utilities. The company was incorporated in 1999 and is headquartered in Foster City, California.
Earnings Per Share
As for profitability, Qualys has a trailing twelve months EPS of $3.14.
PE Ratio
Qualys has a trailing twelve months price to earnings ratio of 48.58. Meaning, the purchaser of the share is investing $48.58 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 35.76%.
5. Allianceberstein Holding L.P. Units (AB)
10.4% sales growth and 14.16% return on equity
AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.
Earnings Per Share
As for profitability, Allianceberstein Holding L.P. Units has a trailing twelve months EPS of $2.26.
PE Ratio
Allianceberstein Holding L.P. Units has a trailing twelve months price to earnings ratio of 13.68. Meaning, the purchaser of the share is investing $13.68 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 14.16%.
Moving Average
Allianceberstein Holding L.P. Units’s worth is under its 50-day moving average of $31.16 and way below its 200-day moving average of $34.44.
Yearly Top and Bottom Value
Allianceberstein Holding L.P. Units’s stock is valued at $30.92 at 20:22 EST, way under its 52-week high of $42.00 and higher than its 52-week low of $29.05.
