(VIANEWS) – Eagle Point Credit Company (ECC), CBAK Energy Technology (CBAT), Northern Trust (NTRS) 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. Eagle Point Credit Company (ECC)
28.5% sales growth and 16.45% return on equity
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eagle Point Credit Company has a trailing twelve months EPS of $1.71.
PE Ratio
Eagle Point Credit Company has a trailing twelve months price to earnings ratio of 5.85. Meaning, the purchaser of the share is investing $5.85 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 16.45%.
Sales Growth
Eagle Point Credit Company’s sales growth for the next quarter is 28.5%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 15.2% and a negative 11.4%, respectively.
2. CBAK Energy Technology (CBAT)
25.2% sales growth and 10.14% return on equity
CBAK Energy Technology, Inc., together with its subsidiaries, manufactures and sells lithium batteries in Mainland China, the United States, Europe, and internationally. Its products are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles that include electric bicycles, electric motors, and sight-seeing cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools. The company was formerly known as China BAK Battery, Inc. and changed its name to CBAK Energy Technology, Inc. in January 2017. CBAK Energy Technology, Inc. was incorporated in 1999 and is based in Dalian, China.
Earnings Per Share
As for profitability, CBAK Energy Technology has a trailing twelve months EPS of $0.2.
PE Ratio
CBAK Energy Technology has a trailing twelve months price to earnings ratio of 5.45. Meaning, the purchaser of the share is investing $5.45 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 10.14%.
Sales Growth
CBAK Energy Technology’s sales growth is 16.9% for the current quarter and 25.2% for the next.
3. Northern Trust (NTRS)
19.9% sales growth and 12.78% return on equity
Earnings Per Share
As for profitability, Northern Trust has a trailing twelve months EPS of $5.08.
PE Ratio
Northern Trust has a trailing twelve months price to earnings ratio of 16.5. Meaning, the purchaser of the share is investing $16.5 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 12.78%.
Moving Average
Northern Trust’s worth is under its 50-day moving average of $85.27 and above its 200-day moving average of $82.85.
Sales Growth
Northern Trust’s sales growth for the next quarter is 19.9%.
4. Clean Harbors (CLH)
9.8% sales growth and 17.26% return on equity
Clean Harbors, Inc. provides environmental and industrial services in North America. The company operates through two segments, Environmental Services and Safety-Kleen. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and CleanPack services, which comprise collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste. This segment also provides industrial maintenance and specialty industrial services, and utilizes specialty equipment and resources that performs field services. The Safety-Kleen segment offers specially designed parts washers; automotive and industrial cleaning products, such as antifreeze, windshield washer fluid, degreasers, glass and floor cleaners, hand cleaners, absorbents, mats, and spill kits; pickup and transportation services for hazardous and non-hazardous containerized waste for recycling or disposal; and vacuum services to remove solids, residual oily water and sludge, and other fluids from customers oil/water separators, sumps, and collection tanks, as well as remove and collect waste fluids found at metal fabricators, auto maintenance providers, and general manufacturers. This segment also manufactures, formulates, packages, distributes, and markets lubricants; and provides containerized waste, vac services, used motor oil collection, and contract blending and packaging services. Clean Harbors, Inc. was founded in 1980 and is headquartered in Norwell, Massachusetts.
Earnings Per Share
As for profitability, Clean Harbors has a trailing twelve months EPS of $7.25.
PE Ratio
Clean Harbors has a trailing twelve months price to earnings ratio of 33.78. Meaning, the purchaser of the share is investing $33.78 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 17.26%.
Sales Growth
Clean Harbors’s sales growth is 10.7% for the present quarter and 9.8% for the next.
Moving Average
Clean Harbors’s value is above its 50-day moving average of $229.77 and way above its 200-day moving average of $196.98.
5. First Business Financial Services (FBIZ)
7.8% sales growth and 13.5% return on equity
First Business Financial Services, Inc. operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals. The company offers deposit products, such as non-interest-bearing transaction accounts, interest-bearing transaction accounts, money market accounts, time deposits, and certificates of deposit, as well as credit cards. It also provides loan products, including commercial real estate loans, commercial and industrial loans, small business administration loans, and direct financing leases, as well as consumer and other loans comprising home equity, first and second mortgage, and other personal loans for professional and executive clients. The company offers commercial lending, asset-based lending, equipment financing, accounts receivable financing, vendor financing, floorplan financing, treasury management services, and company retirement plans; trust and estate administration, financial planning, investment management, and private banking services; and investment portfolio administrative, asset-liability management, and asset-liability management process validation services for other financial institutions. First Business Financial Services, Inc. was founded in 1909 and is headquartered in Madison, Wisconsin.
Earnings Per Share
As for profitability, First Business Financial Services has a trailing twelve months EPS of $4.57.
PE Ratio
First Business Financial Services has a trailing twelve months price to earnings ratio of 8.84. Meaning, the purchaser of the share is investing $8.84 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 13.5%.
Sales Growth
First Business Financial Services’s sales growth is 6.9% for the present quarter and 7.8% for the next.
6. Saia (SAIA)
6% sales growth and 19.61% return on equity
Saia, Inc., through its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 400 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. As of December 31, 2021, it operated 176 owned and leased facilities; and owned approximately 5,600 tractors and 19,300 trailers. The company was formerly known as SCS Transportation, Inc. and changed its name to Saia, Inc. in July 2006. Saia, Inc. was founded in 1924 and is headquartered in Johns Creek, Georgia.
Earnings Per Share
As for profitability, Saia has a trailing twelve months EPS of $14.19.
PE Ratio
Saia has a trailing twelve months price to earnings ratio of 27.63. Meaning, the purchaser of the share is investing $27.63 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 19.61%.
Volume
Today’s last reported volume for Saia is 79323 which is 84% below its average volume of 495932.
7. Immersion Corporation (IMMR)
5.8% sales growth and 24.16% return on equity
Immersion Corporation, together with its subsidiaries, creates, designs, develop, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. It serves mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.
Earnings Per Share
As for profitability, Immersion Corporation has a trailing twelve months EPS of $1.38.
PE Ratio
Immersion Corporation has a trailing twelve months price to earnings ratio of 7.37. Meaning, the purchaser of the share is investing $7.37 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 24.16%.
Volume
Today’s last reported volume for Immersion Corporation is 283011 which is 62.59% below its average volume of 756564.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 8, 2024, the estimated forward annual dividend rate is 0.18 and the estimated forward annual dividend yield is 1.72%.
Yearly Top and Bottom Value
Immersion Corporation’s stock is valued at $10.18 at 11:22 EST, way under its 52-week high of $13.94 and way above its 52-week low of $5.94.
Sales Growth
Immersion Corporation’s sales growth is 519.8% for the ongoing quarter and 5.8% for the next.
