First Solar And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – First Solar (FSLR), Eagle Point Credit Company (ECC), Clearwater Paper Corporation (CLW) 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. First Solar (FSLR)

38.8% sales growth and 16.05% return on equity

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.

Earnings Per Share

As for profitability, First Solar has a trailing twelve months EPS of $9.55.

PE Ratio

First Solar has a trailing twelve months price to earnings ratio of 23.74. Meaning, the purchaser of the share is investing $23.74 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 16.05%.

2. Eagle Point Credit Company (ECC)

28.9% sales growth and 19.19% 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 $1.74.

PE Ratio

Eagle Point Credit Company has a trailing twelve months price to earnings ratio of 5.7. Meaning, the purchaser of the share is investing $5.7 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 19.19%.

Yearly Top and Bottom Value

Eagle Point Credit Company’s stock is valued at $9.92 at 06:22 EST, under its 52-week high of $10.58 and way higher than its 52-week low of $8.60.

Sales Growth

Eagle Point Credit Company’s sales growth for the next quarter is 28.9%.

Volume

Today’s last reported volume for Eagle Point Credit Company is 2759360 which is 205.73% above its average volume of 902530.

3. Clearwater Paper Corporation (CLW)

22.9% sales growth and 15.84% return on equity

Clearwater Paper Corporation produces and sells private label tissue and bleached paperboard products in the United States and internationally. The company operates through two segments, Consumer Products, and Pulp and Paperboard. The Consumer Products segment manufactures and sells a line of at-home tissue products, including bath tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home products and parent rolls. This segment sells its products to retailers and wholesale distributors, including grocery, drug, mass merchants, and discount stores. The Pulp and Paperboard segment manufactures and markets bleached paperboard, folding cartons, liquid packaging, cups and plates, blister and carded packaging, top sheet and commercial printing grades and softwood pulp products, as well as offers custom sheeting, slitting and cutting of paperboard. It sells its products to packaging converters, folding carton converters, merchants, and commercial printers. Clearwater Paper Corporation was incorporated in 2005 and is headquartered in Spokane, Washington.

Earnings Per Share

As for profitability, Clearwater Paper Corporation has a trailing twelve months EPS of $5.92.

PE Ratio

Clearwater Paper Corporation has a trailing twelve months price to earnings ratio of 8.26. Meaning, the purchaser of the share is investing $8.26 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 15.84%.

Sales Growth

Clearwater Paper Corporation’s sales growth is 11.5% for the ongoing quarter and 22.9% for the next.

4. Brown & Brown (BRO)

11.2% sales growth and 17.45% return on equity

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Cayman Islands, Ireland, and the United Kingdom. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The company offers builders risk, group medical and pharmaceutical, property, commercial auto, homeowners, reinsurance, crop and hail, inland marine, retirement benefit, cyber, disability, risk mitigating warranty products, directors and officers, management liability, errors and omissions, medical stop loss, term life, excess liability, personal auto, umbrella, general liability, prescription drug, workers compensation, and group dental insurance products. It also provides professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, and real estate title professionals, as well as supplementary insurance-related products for weddings, events, medical facilities, and cyber liability; homeowners and personal property policies, residential earthquake, and private passenger automobile and motorcycle coverage; commercial and public entity-related programs; and flood insurance, commercial difference-in-conditions, all-risk commercial property, coastal property programs, lender-placed solutions, sovereign Indian nations, and parcel insurance. In addition, it provides markets and sells excess and surplus commercial insurance products, such as personal lines, homeowners, yachts, jewelry, commercial property and casualty, commercial automobile, garage, restaurant, builder's risk, and inland marine lines; and third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, as well as Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.

Earnings Per Share

As for profitability, Brown & Brown has a trailing twelve months EPS of $3.24.

PE Ratio

Brown & Brown has a trailing twelve months price to earnings ratio of 28.54. Meaning, the purchaser of the share is investing $28.54 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 17.45%.

5. PriceSmart (PSMT)

8.8% sales growth and 11.46% return on equity

PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. Its warehouse clubs sell brand name and private label consumer products, essential goods, fresh produce, prepared foods, and fresh-baked goods, as well as provides services, such as optical, tire center, and other ancillary services. The company also operates Click & Go, an e-commerce platform for online ordering, curbside pickup, and delivery services. As of March 29, 2022, it operated 49 warehouse clubs in 12 countries and one U.S. territory. PriceSmart, Inc. was incorporated in 1994 and is headquartered in San Diego, California.

Earnings Per Share

As for profitability, PriceSmart has a trailing twelve months EPS of $4.11.

PE Ratio

PriceSmart has a trailing twelve months price to earnings ratio of 21.53. Meaning, the purchaser of the share is investing $21.53 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 11.46%.

Moving Average

PriceSmart’s value is above its 50-day moving average of $83.04 and way above its 200-day moving average of $78.23.

Sales Growth

PriceSmart’s sales growth is 8.9% for the present quarter and 8.8% for the next.

Yearly Top and Bottom Value

PriceSmart’s stock is valued at $88.50 at 06:22 EST, under its 52-week high of $91.28 and way above its 52-week low of $61.82.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 58.5% and a drop 6.5% for the next.

Leave a Reply

Your email address will not be published. Required fields are marked *