(VIANEWS) – Casella Waste Systems (CWST), Edwards Lifesciences (EW), Diamondback Energy (FANG) 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. Casella Waste Systems (CWST)
29.6% sales growth and 3.34% return on equity
Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, and industrial customers. The company provides a range of non-hazardous solid waste services, including collections, transfer stations, and disposal facilities. It also markets recyclable metals, aluminum, plastics, and paper and corrugated cardboard that are processed at its facilities, as well as recyclables purchased from third parties. In addition, the company is involved in commodity brokerage operations. As of April 15, 2021, it owned and/or operated 46 solid waste collection operations, 58 transfer stations, 20 recycling facilities, 8 Subtitle D landfills, 4 landfill gas-to-energy facilities, and 1 landfill permitted to accept construction and demolition materials. The company was founded in 1975 and is headquartered in Rutland, Vermont.
Earnings Per Share
As for profitability, Casella Waste Systems has a trailing twelve months EPS of $0.46.
PE Ratio
Casella Waste Systems has a trailing twelve months price to earnings ratio of 211.09. Meaning, the purchaser of the share is investing $211.09 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 3.34%.
Volume
Today’s last reported volume for Casella Waste Systems is 219297 which is 25.65% below its average volume of 294983.
Sales Growth
Casella Waste Systems’s sales growth is 34.7% for the ongoing quarter and 29.6% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Casella Waste Systems’s EBITDA is 5.16.
Moving Average
Casella Waste Systems’s worth is higher than its 50-day moving average of $90.00 and way above its 200-day moving average of $84.04.
2. Edwards Lifesciences (EW)
9.4% sales growth and 22.34% return on equity
Edwards Lifesciences Corporation provides products and technologies for structural heart disease and critical care monitoring in the United States, Europe, Japan, and internationally. It offers transcatheter heart valve replacement products for the minimally invasive replacement of aortic heart valves under the Edwards SAPIEN family of valves system; and transcatheter heart valve repair and replacement products to treat mitral and tricuspid valve diseases under the PASCAL PRECISION and Cardioband names. The company also provides surgical structural heart solutions, such as aortic surgical valve under the INSPIRIS name; INSPIRIS RESILLA aortic valve, which offers RESILIA tissue and VFit technology; KONECT RESILIA, a pre-assembled tissue valves conduit for complex combined procedures; and MITRIS RESILIA valve. In addition, it offers critical care solutions, including hemodynamic monitoring systems to measure a patient's heart function and fluid status in surgical and intensive care settings under the FloTrac, Acumen IQ sensors, ClearSight, Acumen IQ cuffs, and ForeSight names; HemoSphere, a monitoring platform that displays physiological information; and Acumen Hypotension Prediction Index software that alerts clinicians in advance of a patient developing dangerously low blood pressure. The company distributes its products through a direct sales force and independent distributors. Edwards Lifesciences Corporation was founded in 1958 and is headquartered in Irvine, California.
Earnings Per Share
As for profitability, Edwards Lifesciences has a trailing twelve months EPS of $2.3.
PE Ratio
Edwards Lifesciences has a trailing twelve months price to earnings ratio of 41.55. Meaning, the purchaser of the share is investing $41.55 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 22.34%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 3.2% and 6.1%, respectively.
Sales Growth
Edwards Lifesciences’s sales growth is 7.9% for the current quarter and 9.4% for the next.
Volume
Today’s last reported volume for Edwards Lifesciences is 3229880 which is 20.11% below its average volume of 4043040.
3. Diamondback Energy (FANG)
8.1% sales growth and 20.15% return on equity
Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns and operates midstream infrastructure assets, in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Earnings Per Share
As for profitability, Diamondback Energy has a trailing twelve months EPS of $17.33.
PE Ratio
Diamondback Energy has a trailing twelve months price to earnings ratio of 11.44. Meaning, the purchaser of the share is investing $11.44 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 20.15%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.3%, now sitting on 7.96B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Diamondback Energy’s EBITDA is 4.67.
Volume
Today’s last reported volume for Diamondback Energy is 954245 which is 48.58% below its average volume of 1855960.
Sales Growth
Diamondback Energy’s sales growth is 6.2% for the ongoing quarter and 8.1% for the next.
4. Canadian Pacific Railway (CP)
7.9% sales growth and 9.65% return on equity
Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers. It also provides rail and intermodal transportation services over a network of approximately 20,000 miles serving business centres. The company was formerly known as Canadian Pacific Railway Limited and changed its name to Canadian Pacific Kansas City Limited in April 2023. Canadian Pacific Kansas City Limited was incorporated in 1881 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Canadian Pacific Railway has a trailing twelve months EPS of $3.1.
PE Ratio
Canadian Pacific Railway has a trailing twelve months price to earnings ratio of 28.44. Meaning, the purchaser of the share is investing $28.44 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 9.65%.
Volume
Today’s last reported volume for Canadian Pacific Railway is 1226010 which is 43.52% below its average volume of 2170920.
Moving Average
Canadian Pacific Railway’s value is higher than its 50-day moving average of $82.19 and way above its 200-day moving average of $77.96.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 4.4% and 17.7%, respectively.
5. Alliant Energy Corporation (LNT)
6.6% sales growth and 10.77% return on equity
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, packaging, and food industries, as well as wholesale customers comprising municipalities and rural electric cooperatives. In addition, the company owns and operates a short-line rail freight service in Iowa; a Mississippi River barge, rail, and truck freight terminal in Illinois; freight brokerage services; wind turbine blade recycling services; and a rail-served warehouse in Iowa. Further, it holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a wind farm located in Oklahoma. The company was formerly known as Interstate Energy Corp. and changed its name to Alliant Energy Corporation in May 1999. Alliant Energy Corporation was incorporated in 1981 and is headquartered in Madison, Wisconsin.
Earnings Per Share
As for profitability, Alliant Energy Corporation has a trailing twelve months EPS of $2.78.
PE Ratio
Alliant Energy Corporation has a trailing twelve months price to earnings ratio of 18.13. Meaning, the purchaser of the share is investing $18.13 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 10.77%.
Sales Growth
Alliant Energy Corporation’s sales growth is negative 2.8% for the present quarter and 6.6% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Alliant Energy Corporation’s EBITDA is 55.56.
Volume
Today’s last reported volume for Alliant Energy Corporation is 2360010 which is 15.43% above its average volume of 2044490.
