(VIANEWS) – First Solar (FSLR), California Resources Corporation (CRC), Hexcel Corporation (HXL) 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)
37.5% sales growth and 13.27% 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 $7.74.
PE Ratio
First Solar has a trailing twelve months price to earnings ratio of 19.81. Meaning, the purchaser of the share is investing $19.81 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 13.27%.
Volume
Today’s last reported volume for First Solar is 987804 which is 51.19% below its average volume of 2023990.
Previous days news about First Solar(FSLR)
- According to Zacks on Monday, 1 April, "Other prominent players like Canadian Solar (CSIQ Quick QuoteCSIQ – Free Report) , First Solar (FSLR Quick QuoteFSLR – Free Report) and Emeren Group (SOL Quick QuoteSOL – Free Report) are also expanding their footprint to reap the benefits of expanding Asia’s solar energy market."
2. California Resources Corporation (CRC)
22.4% sales growth and 27.63% return on equity
California Resources Corporation operates as an independent oil and natural gas company committed to energy transition in the sector. It has carbon intensity production in the United States, as well as focuses on developing carbon capture and storage (CCS) and other emissions reducing projects. The company explores for, produces, gathers, processes, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It holds interests in approximately 2.1 million net mineral acres covering four oil and gas basins. As of December 31, 2020, the company had proved reserves of 442 million barrels of oil equivalent. It also engages in the generation and sale of electricity to the local utility, other third parties, and the grid. The company was incorporated in 2014 and is based in Santa Clarita, California.
Earnings Per Share
As for profitability, California Resources Corporation has a trailing twelve months EPS of $7.78.
PE Ratio
California Resources Corporation has a trailing twelve months price to earnings ratio of 6.94. Meaning, the purchaser of the share is investing $6.94 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 27.63%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 5, 2024, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 2.3%.
Volume
Today’s last reported volume for California Resources Corporation is 5157970 which is 436.71% above its average volume of 961021.
Yearly Top and Bottom Value
California Resources Corporation’s stock is valued at $53.98 at 06:22 EST, below its 52-week high of $58.44 and way higher than its 52-week low of $35.19.
3. Hexcel Corporation (HXL)
9.1% sales growth and 6.46% return on equity
Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. It operates through two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in automotive, marine, and trains. The Engineered Products segment manufactures and markets aircraft structures and finished aircraft components, including wing to body fairings, wing panels, flight deck panels, door liners, rotorcraft blades, spars, and tip caps; and aircraft structural sub-components and semi-finished components used in rotorcraft blades, engine nacelles, and aircraft surfaces, such as flaps, wings, elevators, and fairings. The company sells its products directly through its managers, product managers, and sales personnel, as well as through independent distributors and manufacturer representatives in the Americas, Europe, the Asia Pacific, India, and Africa. Hexcel Corporation was founded in 1946 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, Hexcel Corporation has a trailing twelve months EPS of $1.24.
PE Ratio
Hexcel Corporation has a trailing twelve months price to earnings ratio of 57.25. Meaning, the purchaser of the share is investing $57.25 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 6.46%.
Sales Growth
Hexcel Corporation’s sales growth is 11% for the ongoing quarter and 9.1% for the next.
Volume
Today’s last reported volume for Hexcel Corporation is 1726030 which is 141.6% above its average volume of 714391.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 8, 2024, the estimated forward annual dividend rate is 0.53 and the estimated forward annual dividend yield is 0.74%.
4. Verra Mobility Corporation (VRRM)
7% sales growth and 17.48% return on equity
Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Canada, and Europe. It operates through two segments, Government Solutions and Commercial Services. The Government Solutions segment offers automated safety solutions, including services and technologies that enable photo enforcement through road safety camera programs, which detects and process traffic violations related to red light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Commercial Services segment provides automated toll and violations management, and title and registration solutions to rental car companies, fleet management companies, and other large fleet owners. The company is headquartered in Mesa, Arizona.
Earnings Per Share
As for profitability, Verra Mobility Corporation has a trailing twelve months EPS of $0.36.
PE Ratio
Verra Mobility Corporation has a trailing twelve months price to earnings ratio of 67.43. Meaning, the purchaser of the share is investing $67.43 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 17.48%.
Yearly Top and Bottom Value
Verra Mobility Corporation’s stock is valued at $24.27 at 06:22 EST, below its 52-week high of $25.57 and way higher than its 52-week low of $16.22.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Verra Mobility Corporation’s EBITDA is 99.37.
Moving Average
Verra Mobility Corporation’s worth is higher than its 50-day moving average of $23.05 and way higher than its 200-day moving average of $20.88.
5. Verisk Analytics (VRSK)
6.8% sales growth and 73.54% return on equity
Verisk Analytics, Inc. provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments. The company also provides life insurance solutions for transforming current workflows in life insurance underwriting, claim insights, policy administration, unclaimed property/equity, compliance and fraud detection, and actuarial and portfolio modeling; Marketing Solutions, such as compliant, real-time decisioning, profitability, and risk assessment for inbound consumer interactions; and international underwriting and claims solutions. In addition, it offers claims insurance solutions, which provides analytics in fraud detection, compliance reporting, subrogation liability assessment, litigation, and repair cost estimation and valuation solutions; and casualty solutions, such as compliance, casualty claims decision support, and workflow automation solutions. Further, the company supplies software to the specialty insurance market. The company was founded in 1971 and is headquartered in Jersey City, New Jersey.
Earnings Per Share
As for profitability, Verisk Analytics has a trailing twelve months EPS of $5.22.
PE Ratio
Verisk Analytics has a trailing twelve months price to earnings ratio of 44.44. Meaning, the purchaser of the share is investing $44.44 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 73.54%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.4%, now sitting on 2.68B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Verisk Analytics’s EBITDA is 13.69.
