(VIANEWS) – Columbia Banking System (COLB), Canadian Solar (CSIQ), H&E Equipment Services (HEES) 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. Columbia Banking System (COLB)
178.1% sales growth and 10.1% return on equity
Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. It offers personal banking products and services, including non-interest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder and other commercial real estate loans, as well as loans guaranteed by the small business administration; debit and credit cards; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; insurance solutions, which include long-term care, and life and disability insurance; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement services, and investment agency and charitable management services. As of December 31, 2020, it operated approximately 145 branches. The company was founded in 1993 and is headquartered in Tacoma, Washington.
Earnings Per Share
As for profitability, Columbia Banking System has a trailing twelve months EPS of $2.86.
PE Ratio
Columbia Banking System has a trailing twelve months price to earnings ratio of 9.91. Meaning,
the purchaser of the share is investing $9.91 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 10.1%.
Moving Average
Columbia Banking System’s worth is way below its 50-day moving average of $31.64 and below its 200-day moving average of $30.41.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.5%, now sitting on 691.07M for the twelve trailing months.
Sales Growth
Columbia Banking System’s sales growth is 16.6% for the current quarter and 178.1% for the next.
2. Canadian Solar (CSIQ)
38% sales growth and 8.6% 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 $2.38.
PE Ratio
Canadian Solar has a trailing twelve months price to earnings ratio of 17.27. Meaning,
the purchaser of the share is investing $17.27 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 8.6%.
3. H&E Equipment Services (HEES)
18.1% sales growth and 31.84% 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 through a fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment sells used equipment through retail sales force primarily 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 in-house retail 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 serves its rental fleet and equipment owned 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 hi-lift or aerial work platforms, cranes, earthmoving and material handling equipment, and others. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of December 31, 2021, the company had a network of 102 service facilities in the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. 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 $0.23.
PE Ratio
H&E Equipment Services has a trailing twelve months price to earnings ratio of 209.03. Meaning,
the purchaser of the share is investing $209.03 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 31.84%.
Moving Average
H&E Equipment Services’s worth is higher than its 50-day moving average of $43.86 and way higher than its 200-day moving average of $35.76.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 24, 2022, the estimated forward annual dividend rate is 1.1 and the estimated forward annual dividend yield is 3.47%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.9%, now sitting on 1.12B for the twelve trailing months.
Volume
Today’s last reported volume for H&E Equipment Services is 317918 which is 39.96% above its average volume of 227136.
4. Diana Shipping (DSX)
11.2% sales growth and 31.87% return on equity
Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of December 3, 2021, it operated a fleet of 33 dry bulk vessels, including 4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 5 Kamsarmax, and 8 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.
Earnings Per Share
As for profitability, Diana Shipping has a trailing twelve months EPS of $1.6.
PE Ratio
Diana Shipping has a trailing twelve months price to earnings ratio of 2.45. Meaning,
the purchaser of the share is investing $2.45 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 31.87%.
Volume
Today’s last reported volume for Diana Shipping is 988323 which is 28.94% above its average volume of 766495.
Yearly Top and Bottom Value
Diana Shipping’s stock is valued at $3.92 at 05:22 EST, way below its 52-week high of $6.89 and way higher than its 52-week low of $3.36.
Moving Average
Diana Shipping’s value is higher than its 50-day moving average of $3.78 and way below its 200-day moving average of $4.66.
