(VIANEWS) – CleanSpark (CLSK), Pinduoduo (PDD), Garmin (GRMN) 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)
108% 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 119.85. Meaning, the purchaser of the share is investing $119.85 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%.
Sales Growth
CleanSpark’s sales growth for the next quarter is 108%.
2. Pinduoduo (PDD)
58.5% sales growth and 46.3% return on equity
PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. The company was incorporated in 2015 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, Pinduoduo has a trailing twelve months EPS of $5.69.
PE Ratio
Pinduoduo has a trailing twelve months price to earnings ratio of 20.3. Meaning, the purchaser of the share is investing $20.3 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 46.3%.
Moving Average
Pinduoduo’s value is way under its 50-day moving average of $130.29 and under its 200-day moving average of $121.89.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 89% and 82.8%, respectively.
3. Garmin (GRMN)
10.2% sales growth and 19.97% return on equity
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds and satellite communicators, golf devices, consumer automotive devices, and dog devices, as well as InReach and Gramin response communication device. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and various services. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, audio products and accessories, digital switching products, and trolling motors. Its Auto segment offers embedded domain controllers and infotainment units; and software, map database, cameras, wearables, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
Earnings Per Share
As for profitability, Garmin has a trailing twelve months EPS of $6.71.
PE Ratio
Garmin has a trailing twelve months price to earnings ratio of 21.33. Meaning, the purchaser of the share is investing $21.33 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 19.97%.
Sales Growth
Garmin’s sales growth is 7.1% for the present quarter and 10.2% for the next.
4. Credicorp Ltd. (BAP)
7.4% sales growth and 15.57% return on equity
Credicorp Ltd., a financial services holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. The company's Universal Banking segment offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities. Its Insurance and Pensions segment issues insurance policies to cover losses in commercial property, transportation, marine vessels, automobile, life, health, and pensions, as well as provides private pension fund management services. The company's Microfinance segment manages loans, credits, deposits, and current accounts of the small and microenterprises. Its Investment Banking and Wealth Management segment offers its services to corporations, institutional investors, governments, and foundations; engages in structuring and placement of issues in the primary market, as well as the execution and negotiation of operations in the secondary market; and structures securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.
Earnings Per Share
As for profitability, Credicorp Ltd. has a trailing twelve months EPS of $16.23.
PE Ratio
Credicorp Ltd. has a trailing twelve months price to earnings ratio of 9.79. Meaning, the purchaser of the share is investing $9.79 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 15.57%.
Sales Growth
Credicorp Ltd.’s sales growth is 8.4% for the ongoing quarter and 7.4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.8%, now sitting on 16.5B for the twelve trailing months.
Moving Average
Credicorp Ltd.’s worth is under its 50-day moving average of $166.39 and higher than its 200-day moving average of $149.70.
Yearly Top and Bottom Value
Credicorp Ltd.’s stock is valued at $158.92 at 06:22 EST, way under its 52-week high of $180.21 and way above its 52-week low of $116.42.
