Canadian Solar And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Canadian Solar (CSIQ), MercadoLibre (MELI), Oceaneering International (OII) 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 $5.72.

PE Ratio

Canadian Solar has a trailing twelve months price to earnings ratio of 3.9. Meaning, the purchaser of the share is investing $3.9 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%.

Volume

Today’s last reported volume for Canadian Solar is 892674 which is 21.33% below its average volume of 1134840.

2. MercadoLibre (MELI)

31.2% sales growth and 39.51% return on equity

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the web; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. The company was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

Earnings Per Share

As for profitability, MercadoLibre has a trailing twelve months EPS of $14.89.

PE Ratio

MercadoLibre has a trailing twelve months price to earnings ratio of 81.95. Meaning, the purchaser of the share is investing $81.95 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 39.51%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 132.4% and 94.5%, respectively.

3. Oceaneering International (OII)

17.6% sales growth and 12.55% return on equity

Oceaneering International, Inc. provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. The company's Subsea Robotics segment provides remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair. This segment also offers ROV tooling, and survey services, such as hydrographic survey and positioning services, as well as autonomous underwater vehicles for geoscience. Its Manufactured Products segment provides distribution and connection systems, including production control umbilicals and field development hardware, pipeline connection, and repair systems to the energy industry; and autonomous mobile robots technology and entertainment systems to various industries. The company's Offshore Projects Group segment offers subsea installation and intervention, including riserless light well intervention services and inspection, and maintenance and repair services; installation and workover control systems, and ROV workover control systems; diving services; project management and engineering; and drill pipe riser services and systems, and wellhead load relief solutions. Its Integrity Management & Digital Solutions segment provides asset integrity management; software and analytical solutions for the bulk cargo maritime industry; and software, digital, and connectivity solutions for the energy industry. The company's Aerospace and Defense Technologies segment offers government services and products, including engineering and related manufacturing in defense and space exploration activities to U.S. government agencies and their prime contractors. Oceaneering International, Inc. was founded in 1964 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Oceaneering International has a trailing twelve months EPS of $0.64.

PE Ratio

Oceaneering International has a trailing twelve months price to earnings ratio of 39.13. Meaning, the purchaser of the share is investing $39.13 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 12.55%.

Volume

Today’s last reported volume for Oceaneering International is 937542 which is 8.59% below its average volume of 1025660.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 34.8% and 466.7%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 14.1%, now sitting on 2.23B for the twelve trailing months.

Previous days news about Oceaneering International(OII)

  • According to Zacks on Tuesday, 17 October, "For 2023, Oceaneering International has a projected earnings growth rate of 167.7%. "

4. Celanese (CE)

17.3% sales growth and 22.63% return on equity

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It also offers acesulfame potassium for the food and beverage industry, and food protection ingredients, such as potassium sorbate and sorbic acid. The Acetyl Chain segment produces and supplies acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, and acetate esters that are used as starting materials for colorants, paints, adhesives, coatings, and pharmaceuticals; and organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. It also offers vinyl acetate-based emulsions for use in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and ethylene vinyl acetate resins and compounds, as well as low-density polyethylene for use in flexible packaging films, lamination film products, hot melt adhesives, automotive parts, and carpeting applications. In addition, it provides redispersible powders (RDP) for use in construction applications, including flooring, plasters, insulation, tiling, and waterproofing. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas.

Earnings Per Share

As for profitability, Celanese has a trailing twelve months EPS of $11.64.

PE Ratio

Celanese has a trailing twelve months price to earnings ratio of 10.27. Meaning, the purchaser of the share is investing $10.27 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 22.63%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Celanese’s EBITDA is 60.66.

Yearly Top and Bottom Value

Celanese’s stock is valued at $119.53 at 06:22 EST, below its 52-week high of $131.05 and way above its 52-week low of $90.07.

5. Tetra Technologies (TTI)

11.2% sales growth and 18.43% return on equity

TETRA Technologies, Inc., together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa. This segment also markets liquid and dry calcium chloride products; and TETRA PureFlow ultra-pure zinc bromide to battery technology companies. The Water & Flowback Services segment provides water management services for onshore oil and gas operators. This segment also offers frac flowback, production well testing, and other associated services in oil and gas producing regions in the United States and Mexico, as well as in various basins in Latin America, Africa, Europe, and the Middle East. The company was incorporated in 1981 and is headquartered in The Woodlands, Texas.

Earnings Per Share

As for profitability, Tetra Technologies has a trailing twelve months EPS of $0.17.

PE Ratio

Tetra Technologies has a trailing twelve months price to earnings ratio of 35.29. Meaning, the purchaser of the share is investing $35.29 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 18.43%.

Yearly Top and Bottom Value

Tetra Technologies’s stock is valued at $6.00 at 06:22 EST, under its 52-week high of $6.64 and way higher than its 52-week low of $2.43.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Tetra Technologies’s EBITDA is 17.47.

Revenue Growth

Year-on-year quarterly revenue growth grew by 24.7%, now sitting on 604.13M for the twelve trailing months.

Volume

Today’s last reported volume for Tetra Technologies is 1278830 which is 33.39% below its average volume of 1920060.

Previous days news about Tetra Technologies(TTI)

  • Recent price trend in tetra technologies (tti) is your friend, here's why. According to Zacks on Tuesday, 17 October, "There are several stocks that passed through the screen and Tetra Technologies (TTI Quick QuoteTTI – Free Report) is one of them. "

6. Stryker Corp (SYK)

8.1% sales growth and 16.4% return on equity

Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in hip and knee joint replacements, and trauma and extremities surgeries. This segment also offers spinal implant products comprising cervical, thoracolumbar, and interbody systems that are used in spinal injury, deformity, and degenerative therapies. The MedSurg and Neurotechnology segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical device products that are used in various medical specialties. This segment also provides neurotechnology products, which include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke; and craniomaxillofacial implant products, including cranial, maxillofacial, and chest wall devices, as well as dural substitutes and sealants. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.

Earnings Per Share

As for profitability, Stryker Corp has a trailing twelve months EPS of $7.07.

PE Ratio

Stryker Corp has a trailing twelve months price to earnings ratio of 38.39. Meaning, the purchaser of the share is investing $38.39 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 16.4%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 15.1% and 8.3%, respectively.

7. Ambev (ABEV)

5.9% sales growth and 16.92% return on equity

Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands. The company also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, coconut water, powdered and natural juices, and ready-to-drink teas under the Guaraná Antarctica, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Do Bem, Pepsi-Cola, Canada Dry, Squirt, Red Rock, Red Bull, Seven Up, Nutrl, Bud Light Seltzer, Palm Bay, and Mike's brands. It offers its products through a network of third-party distributors and a direct distribution system. The company was founded in 1885 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.

Earnings Per Share

As for profitability, Ambev has a trailing twelve months EPS of $0.18.

PE Ratio

Ambev has a trailing twelve months price to earnings ratio of 13.75. Meaning, the purchaser of the share is investing $13.75 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 16.92%.

Volume

Today’s last reported volume for Ambev is 6229670 which is 52.21% below its average volume of 13035800.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Dec 19, 2022, the estimated forward annual dividend rate is 0.14 and the estimated forward annual dividend yield is 5.66%.

Moving Average

Ambev’s value is below its 50-day moving average of $2.74 and way below its 200-day moving average of $2.80.

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