(VIANEWS) – CleanSpark (CLSK), Golden Ocean Group Limited (GOGL), Ship Finance International Limited (SFL) 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)
117.4% 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 125.71. Meaning, the purchaser of the share is investing $125.71 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 value is below its 50-day moving average of $17.02 and way higher than its 200-day moving average of $11.59.
Volume
Today’s last reported volume for CleanSpark is 16095000 which is 47.13% below its average volume of 30445100.
Revenue Growth
Year-on-year quarterly revenue growth grew by 162.8%, now sitting on 283.63M for the twelve trailing months.
Yearly Top and Bottom Value
CleanSpark’s stock is valued at $16.34 at 11:22 EST, way under its 52-week high of $24.72 and way above its 52-week low of $3.38.
2. Golden Ocean Group Limited (GOGL)
43.5% sales growth and 9.83% return on equity
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Golden Ocean Group Limited has a trailing twelve months EPS of $0.93.
PE Ratio
Golden Ocean Group Limited has a trailing twelve months price to earnings ratio of 14.94. Meaning, the purchaser of the share is investing $14.94 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 9.83%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 82.4% and 221.4%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 7, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 5.83%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 25.6%, now sitting on 935.99M for the twelve trailing months.
Sales Growth
Golden Ocean Group Limited’s sales growth is negative 7.5% for the current quarter and 43.5% for the next.
3. Ship Finance International Limited (SFL)
24.4% sales growth and 11.6% return on equity
SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, chemical transportation, oil products transportation, container transportation, car transportation, and drilling rigs. As of December 31, 2023, the company owned seven crude oil carriers, six oil product tankers, 15 dry bulk carriers, 32 container vessels, one jack-up drilling rig, one ultra-deepwater drilling rig, and five car carriers. It primarily operates in Bermuda, Canada, Cyprus, Liberia, Namibia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. SFL Corporation Ltd. was founded in 2003 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Ship Finance International Limited has a trailing twelve months EPS of $0.97.
PE Ratio
Ship Finance International Limited has a trailing twelve months price to earnings ratio of 13.57. Meaning, the purchaser of the share is investing $13.57 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 11.6%.
Moving Average
Ship Finance International Limited’s worth is below its 50-day moving average of $13.56 and above its 200-day moving average of $12.22.
Volume
Today’s last reported volume for Ship Finance International Limited is 444019 which is 24.28% below its average volume of 586419.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 24, 2024, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 8.24%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 107.7% and positive 117.4% for the next.
4. NICE Ltd (NICE)
14.5% sales growth and 11.16% return on equity
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing. The company provides smart self service solutions that empower organizations to build intelligent automated conversations based on data; and prepared agent solutions and tools enable contact center agents to guide and alert them in real time; provides solutions that help organizations to record structured and unstructured customer interaction and transaction data; and NICE Evidencentral, an digital evidence management platform for public safety emergency communications, law enforcement, and criminal justice helps agencies. In addition, it offers X-Sight, is an open and flexible AI-cloud platform for financial crime and compliance; Xceed, a cloud platform for comprehensive AML and fraud prevention for small and mid-sized organizations; data intelligence solutions that enable organizations to turn raw data into comprehensive actionable intelligence to prevent and detect financial crimes; AI and analytics technologies to detect and prevent financial crimes in real-time; money laundering and fraud prevention solutions that help organizations adhere to capital markets compliance and anti-money laundering compliance regulations; intelligent investigations solutions; and self-service solutions that provide organizations with customization and self-development capabilities. The company was formerly known as NICE-Systems Ltd. and changed its name to NICE Ltd. in June 2016. NICE Ltd. was founded in 1986 and is headquartered in Ra'anana, Israel.
Earnings Per Share
As for profitability, NICE Ltd has a trailing twelve months EPS of $5.11.
PE Ratio
NICE Ltd has a trailing twelve months price to earnings ratio of 45.4. Meaning, the purchaser of the share is investing $45.4 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 11.16%.
Moving Average
NICE Ltd’s value is way higher than its 50-day moving average of $196.31 and way higher than its 200-day moving average of $201.93.
5. Safe Bulkers (SB)
12.9% sales growth and 10.69% return on equity
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. The company has a fleet of 47 drybulk vessels having an aggregate carrying capacity of 4,719,600 deadweight tons. Its fleet consists of 10 Panamax class vessels, 11 Kamsarmax class vessels, 18 post-Panamax class vessels, and 8 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
Earnings Per Share
As for profitability, Safe Bulkers has a trailing twelve months EPS of $0.67.
PE Ratio
Safe Bulkers has a trailing twelve months price to earnings ratio of 8.48. Meaning, the purchaser of the share is investing $8.48 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 10.69%.
6. Group 1 Automotive (GPI)
12.7% sales growth and 23.05% return on equity
Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services. It operates primarily in 17 states in the United States; and 35 towns in the United Kingdom. As of July 11, 2022, the company owned and operated 204 automotive dealerships, 273 franchises, and 47 collision centers that offer 35 brands of automobiles. Group 1 Automotive, Inc. was incorporated in 1995 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Group 1 Automotive has a trailing twelve months EPS of $42.39.
PE Ratio
Group 1 Automotive has a trailing twelve months price to earnings ratio of 6.91. Meaning, the purchaser of the share is investing $6.91 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 23.05%.
Previous days news about Group 1 Automotive(GPI)
- According to Zacks on Wednesday, 3 July, "Those dealership groups include Asbury Automotive Group, AutoNation Inc., Group 1 Automotive Inc., Lithia Motors Inc. and Sonic Automotive Inc."
7. UFP Technologies (UFPT)
11.2% sales growth and 17.68% return on equity
UFP Technologies, Inc. designs and converts foams, films, and plastics materials for the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets in the United States. It offers single patient use surfaces, advanced wound care, infection prevention, and disposables for surgical procedures, endoscopic procedures, orthopedic implants, orthopedic appliances, biopharma drug manufacturing, etc.; molded components for automotive, aerospace, and defense markets; recycled protective packaging for B2C brands; and reusable cases and custom inserts. The company markets and sells its products through direct sales forces and independent manufacturer representatives. UFP Technologies, Inc. was founded in 1963 and is headquartered in Newburyport, Massachusetts.
Earnings Per Share
As for profitability, UFP Technologies has a trailing twelve months EPS of $6.21.
PE Ratio
UFP Technologies has a trailing twelve months price to earnings ratio of 41.97. Meaning, the purchaser of the share is investing $41.97 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 17.68%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 1.3% and positive 11.2% for the next.
Volume
Today’s last reported volume for UFP Technologies is 49806 which is 12.05% below its average volume of 56632.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.4%, now sitting on 407.33M for the twelve trailing months.
Sales Growth
UFP Technologies’s sales growth for the next quarter is 11.2%.
8. QCR Holdings (QCRH)
9.6% sales growth and 13.24% return on equity
QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. Its deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. The company also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies. Its loan portfolio comprises loans to small and mid-sized businesses; business loans, including lines of credit for working capital and operational purposes; term loans for the acquisition of facilities, equipment, and other purposes; commercial and residential real estate loans; and installment and other consumer loans, such as home improvement, home equity, motor vehicle, and signature loans, as well as small personal credit lines. In addition, the company engages in leasing of machinery and equipment to commercial and industrial businesses under direct financing lease contracts; and issuance of trust preferred securities. It serves the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield communities. The company was founded in 1993 and is headquartered in Moline, Illinois.
Earnings Per Share
As for profitability, QCR Holdings has a trailing twelve months EPS of $6.71.
PE Ratio
QCR Holdings has a trailing twelve months price to earnings ratio of 8.29. Meaning, the purchaser of the share is investing $8.29 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 13.24%.
