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CleanSpark And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – CleanSpark (CLSK), Li Auto (LI), STAAR Surgical Company (STAA) 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. CleanSpark (CLSK)

105.8% sales growth and 7.14% return on equity

CleanSpark, Inc. engages in bitcoin mining operations. It develops sustainable infrastructure for Bitcoin, a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.

Earnings Per Share

As for profitability, CleanSpark has a trailing twelve months EPS of $0.13.

PE Ratio

CleanSpark has a trailing twelve months price to earnings ratio of 141.69. Meaning, the purchaser of the share is investing $141.69 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 7.14%.

Moving Average

CleanSpark’s worth is above its 50-day moving average of $17.36 and way higher than its 200-day moving average of $10.15.

Yearly Top and Bottom Value

CleanSpark’s stock is valued at $18.42 at 20:22 EST, way under its 52-week high of $24.72 and way above its 52-week low of $3.38.

2. Li Auto (LI)

23.1% sales growth and 21.15% return on equity

Li Auto Inc. operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company offers its products through online and offline channels. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, the People's Republic of China.

Earnings Per Share

As for profitability, Li Auto has a trailing twelve months EPS of $1.54.

PE Ratio

Li Auto has a trailing twelve months price to earnings ratio of 19.08. Meaning, the purchaser of the share is investing $19.08 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 21.15%.

Sales Growth

Li Auto’s sales growth is 20.7% for the present quarter and 23.1% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 16.7% and 84.2%, respectively.

Previous days news about Li Auto(LI)

  • According to Zacks on Tuesday, 28 May, "Last week, China-based electric vehicle makers XPeng Inc. (XPEV Quick QuoteXPEV – Free Report) and Li Auto (LI Quick QuoteLI – Free Report) released their first-quarter 2024 results. "

3. STAAR Surgical Company (STAA)

8.8% sales growth and 4.18% return on equity

STAAR Surgical Company, together with its subsidiaries, designs, develops, manufactures, markets, and sells implantable lenses for the eye, and companion delivery systems to deliver the lenses into the eye. The company provides Visian implantable Collamer lens product family (ICLs) to treat visual disorders, such as myopia, hyperopia, astigmatism, and presbyopia; and Hyperopic ICL, which treats far-sightedness. It also offers preloaded silicone intraocular lenses, as well as preloaded injectors for use in cataract surgery. In addition, the company sells injector parts, and other related instruments and devices. STAAR Surgical Company markets its products to health care providers, including ophthalmic surgeons, vision and surgical centers, hospitals, government facilities, and distributors. The company sells its products directly through its sales representatives in the United States, Japan, Germany, Spain, Canada, the United Kingdom, and Singapore, as well as through own representatives and independent distributors in China, Korea, India, France, Benelux, and Italy. STAAR Surgical Company was incorporated in 1982 and is headquartered in Lake Forest, California.

Earnings Per Share

As for profitability, STAAR Surgical Company has a trailing twelve months EPS of $0.31.

PE Ratio

STAAR Surgical Company has a trailing twelve months price to earnings ratio of 137.74. Meaning, the purchaser of the share is investing $137.74 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 4.18%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.2%, now sitting on 326.24M for the twelve trailing months.

Volume

Today’s last reported volume for STAAR Surgical Company is 333177 which is 51.44% below its average volume of 686179.

4. H&E Equipment Services (HEES)

8.3% sales growth and 35.04% return on equity

H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis. The Used Equipment Sales segment sells used equipment from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment provides maintenance and repair services to its rental fleet and equipment customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of aerial work platforms, cranes, earthmoving and material handling equipment, and other general and specialty lines. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.

Earnings Per Share

As for profitability, H&E Equipment Services has a trailing twelve months EPS of $4.66.

PE Ratio

H&E Equipment Services has a trailing twelve months price to earnings ratio of 10.32. Meaning, the purchaser of the share is investing $10.32 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 35.04%.

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