(VIANEWS) – Enphase Energy (ENPH), The Bank of Princeton (BPRN), Southwest Gas Corporation (SWX) 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. Enphase Energy (ENPH)
44% sales growth and 63.29% return on equity
The top line soared 75.6% from the year-ago quarter’s $412.7 million, driven by the strong demand for its Enphase Energy Systems.
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
Earnings Per Share
As for profitability, Enphase Energy has a trailing twelve months EPS of $0.67.
PE Ratio
Enphase Energy has a trailing twelve months price to earnings ratio of 292.48. Meaning, the purchaser of the share is investing $292.48 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 63.29%.
Yearly Top and Bottom Value
Enphase Energy’s stock is valued at $196.84 at 11:22 EST, way below its 52-week high of $339.92 and way above its 52-week low of $128.67.
Revenue Growth
Year-on-year quarterly revenue growth grew by 75.6%, now sitting on 2.33B for the twelve trailing months.
2. The Bank of Princeton (BPRN)
20.6% sales growth and 12.15% return on equity
The Bank of Princeton provides various banking products and services. The company accepts checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. Its loan products include commercial real estate and multi-family, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit. The company also provides debit and credit cards; and money orders, direct deposit, automated teller machines, cashier's checks, safe deposit boxes, wire transfers, night depository, remote deposit capture, savings bonds redemption, bank-by-mail, online and automated telephone banking, Internet banking, payroll-related services, and merchant credit card processing services. It operates 21 branches in Princeton, including parts of Mercer, Somerset, Hunterdon, Monmouth, Middlesex, Ocean, Gloucester, Camden, and Burlington counties in New Jersey, and additional areas in portions of Philadelphia, Montgomery, and Bucks counties in Pennsylvania. The Bank of Princeton was founded in 2007 and is headquartered in Princeton, New Jersey.
Earnings Per Share
As for profitability, The Bank of Princeton has a trailing twelve months EPS of $4.11.
PE Ratio
The Bank of Princeton has a trailing twelve months price to earnings ratio of 7.64. Meaning, the purchaser of the share is investing $7.64 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 12.15%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.9%, now sitting on 72.55M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 3.3% and a drop 36.7% for the next.
Yearly Top and Bottom Value
The Bank of Princeton’s stock is valued at $31.41 at 11:22 EST, way below its 52-week high of $37.60 and way higher than its 52-week low of $26.57.
3. Southwest Gas Corporation (SWX)
15.1% sales growth and 4.56% return on equity
Southwest Gas Holdings, Inc., through its subsidiaries, purchases, distributes, and transports natural gas in Arizona, Nevada, and California. The company operates in two segments, Natural Gas Operations and Utility Infrastructure Services. As of December 31, 2020, it had 2,123,000 residential, commercial, industrial, and other natural gas customers. The company also provides trenching and installation, replacement, and maintenance services for energy distribution systems; and industrial construction solutions. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Southwest Gas Corporation has a trailing twelve months EPS of $4.14.
PE Ratio
Southwest Gas Corporation has a trailing twelve months price to earnings ratio of 14.82. Meaning, the purchaser of the share is investing $14.82 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 4.56%.
Yearly Top and Bottom Value
Southwest Gas Corporation’s stock is valued at $61.38 at 11:22 EST, way under its 52-week high of $95.62 and above its 52-week low of $57.75.
Moving Average
Southwest Gas Corporation’s value is below its 50-day moving average of $64.43 and way under its 200-day moving average of $74.22.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 13, 2023, the estimated forward annual dividend rate is 2.48 and the estimated forward annual dividend yield is 3.77%.
4. Harley (HOG)
14.9% sales growth and 27.08% return on equity
Harley-Davidson, Inc. manufactures and sells motorcycles. The company operates in two segments, Motorcycles and Related Products and Financial Services. The Motorcycles and Related Products segment designs, manufactures, and sells Harley-Davidson motorcycles, including cruiser, touring, standard, sportbike, and dual models, as well as motorcycle parts, accessories, apparel, and related services. This segment sells its products to retail customers through a network of independent dealers, as well as e-commerce channels in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific. The Financial Services segment provides wholesale financing services, such as floorplan and open account financing of motorcycles, and parts and accessories; and retail financing services, including installment lending for the purchase of new and used Harley-Davidson motorcycles, as well as point-of-sale protection products comprising motorcycle insurance, extended service contracts, and motorcycle maintenance protection. This segment also licenses third-party financial institutions that issue credit cards bearing the Harley-Davidson brand. Harley-Davidson, Inc. was founded in 1903 and is based in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Harley has a trailing twelve months EPS of $1.24.
PE Ratio
Harley has a trailing twelve months price to earnings ratio of 29.3. Meaning, the purchaser of the share is investing $29.3 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 27.08%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 4.1% and positive 13% for the next.
Yearly Top and Bottom Value
Harley’s stock is valued at $36.45 at 11:22 EST, way below its 52-week high of $51.77 and way above its 52-week low of $29.80.
Sales Growth
Harley’s sales growth is 4.6% for the ongoing quarter and 14.9% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 7, 2022, the estimated forward annual dividend rate is 0.63 and the estimated forward annual dividend yield is 1.32%.
5. WESCO (WCC)
6.2% sales growth and 20.86% return on equity
WESCO International, Inc. provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS). The EES segment supplies products and supply chain solutions, including electrical equipment and supplies, automation and connected devices, security, lighting, wire and cable, and safety, as well as maintenance, repair, and operating (MRO) products. This segment also offers contractor solutions, direct and indirect manufacturing supply chain optimization programs, lighting and renewables advisory services, and digital and automation solutions. The CSS segment operates in the network infrastructure and security markets. This segment sells products directly to end-users or through various channels, including data communications contractors, security, network, professional audio/visual, and systems integrators. It also provides safety and energy management solutions. The UBS segment offers products and services to investor-owned utilities; public power companies; and service and wireless providers, broadband operators, and contractors. This segment's products include wire and cable, transformers, transmission and distribution hardware, switches, protective devices, connectors, conduits, pole line hardware, racks, cabinets, safety and MRO products, and point-to-point wireless devices. This segment also offers various service solutions, including fiber project management, high and medium voltage project design and support, pre-wired meters and capacitor banks, meter testing and metering infrastructure installation, personal protective equipment dielectric testing, and tool repair, as well as emergency response, storage yard, materials, and logistics management. The company was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, WESCO has a trailing twelve months EPS of $1.51.
PE Ratio
WESCO has a trailing twelve months price to earnings ratio of 96.56. Meaning, the purchaser of the share is investing $96.56 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 20.86%.
