(VIANEWS) – Costamare (CMRE), Tetra Tech (TTEK), JinkoSolar Holding Company Limited (JKS) 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. Costamare (CMRE)
38.3% sales growth and 21.64% return on equity
Costamare Inc. owns and charters containerships to liner companies worldwide. As of June 14, 2021, it had a fleet of 81 containerships with a total capacity of approximately 581,000 twenty foot equivalent units and 16 dry bulk vessels with a total capacity of approximately 932,000 DWT. The company was founded in 1974 and is based in Monaco.
Earnings Per Share
As for profitability, Costamare has a trailing twelve months EPS of $3.65.
PE Ratio
Costamare has a trailing twelve months price to earnings ratio of 2.79. Meaning, the purchaser of the share is investing $2.79 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 21.64%.
Sales Growth
Costamare’s sales growth is 28.9% for the ongoing quarter and 38.3% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 38.3%, now sitting on 1.28B for the twelve trailing months.
2. Tetra Tech (TTEK)
25.6% sales growth and 21.14% return on equity
Tetra Tech, Inc. provides consulting and engineering services worldwide. The company operates through Government Services Group (GSG) and Commercial/International Services Group (CIG) segments. The GSG segment offers early data collection and monitoring, data analysis and information technology, science and engineering applied research, engineering design, construction management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services. This segment serves federal, state, and local governments, and development agencies in water resources analysis and water management, environmental monitoring, data analytics, government consulting, waste management, and a range of civil infrastructure master planning and engineering design markets. The CIG segment provides early data collection and monitoring, data analysis and information management, feasibility studies and assessments, science and engineering applied research, engineering design, construction management, and operations and maintenance services. This segment serves natural resources, energy, and utilities markets, as well as civil infrastructure master planning and engineering design markets. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California.
Earnings Per Share
As for profitability, Tetra Tech has a trailing twelve months EPS of $5.1.
PE Ratio
Tetra Tech has a trailing twelve months price to earnings ratio of 32.43. Meaning, the purchaser of the share is investing $32.43 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 21.14%.
Volume
Today’s last reported volume for Tetra Tech is 225376 which is 30.69% below its average volume of 325179.
3. JinkoSolar Holding Company Limited (JKS)
11.9% sales growth and 24.23% return on equity
JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; and develops commercial solar power projects. The company sells its products to distributors, project developers, and system integrators; and utility, commercial, and residential customers under the JinkoSolar brand, as well as on an original equipment manufacturer basis. As of December 31, 2019, it had an integrated annual capacity of 15.0 gigawatt (GW) for silicon wafers, including 11.5 GW for mono wafers; 10.6 GW for solar cells; and 16.0 GW for solar modules. The company has operations in the People's Republic of China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and internationally. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the People's Republic of China.
Earnings Per Share
As for profitability, JinkoSolar Holding Company Limited has a trailing twelve months EPS of $10.25.
PE Ratio
JinkoSolar Holding Company Limited has a trailing twelve months price to earnings ratio of 3.25. Meaning, the purchaser of the share is investing $3.25 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 24.23%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 63.1%, now sitting on 115.85B for the twelve trailing months.
Moving Average
JinkoSolar Holding Company Limited’s worth is higher than its 50-day moving average of $31.23 and way under its 200-day moving average of $40.20.
4. Terex Corporation (TEX)
11.1% sales growth and 37.99% return on equity
Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products comprise portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, and scissor lifts, as well as related components and replacement parts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, utility and telecommunication lines, construction and foundation drilling applications, and other commercial operations, as well as in tree trimming and various infrastructure projects. The MP segment's materials processing and specialty equipment includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brand names and business lines. Its products are used in construction, infrastructure, and recycling projects; quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries. The company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products.Terex Corporation is based in Norwalk, Connecticut.
Earnings Per Share
As for profitability, Terex Corporation has a trailing twelve months EPS of $7.02.
PE Ratio
Terex Corporation has a trailing twelve months price to earnings ratio of 7.4. Meaning, the purchaser of the share is investing $7.4 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 37.99%.
Yearly Top and Bottom Value
Terex Corporation’s stock is valued at $51.92 at 04:22 EST, way below its 52-week high of $65.64 and way above its 52-week low of $40.50.
5. Tecnoglass (TGLS)
11.1% sales growth and 48.55% return on equity
Tecnoglass Inc., through its subsidiaries, manufactures, supplies, and installs architectural glass, windows, and associated aluminum products for the commercial and residential construction industries in North, Central, and South America. The company offers low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products. It also produces, exports, imports, and markets aluminum products, including bars, plates, profiles, rods, tubes, and other hardware that are used in the manufacture of architectural glass settings, such as windows, doors, spatial separators, and related products. In addition, the company provides curtain wall/floating facades, windows and doors, interior dividers and commercial display windows, hurricane-proof windows, stick facade systems, and other products, such as awnings, structures, automatic doors, and other components of architectural systems. It markets and sells its products primarily under the Tecnoglass, ES Windows, and Alutions brands through internal and independent sales representatives, as wells as directly to distributors. The company was founded in 1984 and is headquartered in Barranquilla, Colombia. Tecnoglass Inc. is a subsidiary of Energy Holding Corporation.
Earnings Per Share
As for profitability, Tecnoglass has a trailing twelve months EPS of $4.23.
PE Ratio
Tecnoglass has a trailing twelve months price to earnings ratio of 9.39. Meaning, the purchaser of the share is investing $9.39 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 48.55%.
Moving Average
Tecnoglass’s worth is way above its 50-day moving average of $33.98 and under its 200-day moving average of $40.07.
Volume
Today’s last reported volume for Tecnoglass is 112933 which is 70.13% below its average volume of 378111.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 27, 2023, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 0.91%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.4%, now sitting on 849.78M for the twelve trailing months.
6. Erie Indemnity Company (ERIE)
11% sales growth and 26.99% return on equity
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
Earnings Per Share
As for profitability, Erie Indemnity Company has a trailing twelve months EPS of $7.65.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 40. Meaning, the purchaser of the share is investing $40 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 26.99%.
Sales Growth
Erie Indemnity Company’s sales growth is 10.3% for the ongoing quarter and 11% for the next.
Yearly Top and Bottom Value
Erie Indemnity Company’s stock is valued at $306.02 at 04:22 EST, under its 52-week high of $313.87 and way higher than its 52-week low of $199.49.
