(VIANEWS) – First Solar (FSLR), Evertec (EVTC), RLI Corp. (RLI) 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)
36.8% 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 $7.86.
PE Ratio
First Solar has a trailing twelve months price to earnings ratio of 20.24. Meaning, the purchaser of the share is investing $20.24 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.6%, now sitting on 3.32B for the twelve trailing months.
Volume
Today’s last reported volume for First Solar is 2762920 which is 17.7% above its average volume of 2347390.
Moving Average
First Solar’s worth is above its 50-day moving average of $155.18 and under its 200-day moving average of $170.02.
2. Evertec (EVTC)
21.3% sales growth and 19.52% return on equity
EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean. The company operates through Payment Services – Puerto Rico & Caribbean; Payment Services – Latin America; Merchant Acquiring; Business Solutions, and Corporate and Other segments. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The company also offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; and EBT services. In addition, it provides business process management solutions comprising core bank processing, network hosting and management, IT consulting, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. Further, the company owns and operates the ATH network, an automated teller machine and personal identification number debit networks. It manages a system of electronic payment networks that process approximately three billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.
Earnings Per Share
As for profitability, Evertec has a trailing twelve months EPS of $1.51.
PE Ratio
Evertec has a trailing twelve months price to earnings ratio of 26.77. Meaning, the purchaser of the share is investing $26.77 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 19.52%.
3. RLI Corp. (RLI)
20.4% sales growth and 23.51% return on equity
RLI Corp., an insurance holding company, underwrites property and casualty insurance in the United States and internationally. Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, and mercantile. It also offers coverages for security guards and in the areas of onshore energy-related businesses and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages focuses on providing errors and omission coverage to small to medium-sized design, technical, computer, and miscellaneous professionals. This segment provides commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other types of specialty commercial automobile risks; incidental and related insurance coverages; inland marine coverages; management liability coverages, such as directors and officers liability insurance, fiduciary liability and coverages, employment practice liability, and for various classes of risks, including public and private businesses; and healthcare liability and home business insurance products. The company's Property segment offers commercial property, cargo, hull, protection and indemnity, marine liability, inland marine, homeowners' and dwelling fire, and other property insurance products. Its Surety segment offers commercial surety bonds for medium to large-sized businesses; small bonds for businesses and individuals; and bonds for small to medium-sized contractors. The company also underwrites various reinsurance coverages. It markets its products through branch offices, brokers, carrier partners, and underwriting and independent agents. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.
Earnings Per Share
As for profitability, RLI Corp. has a trailing twelve months EPS of $6.61.
PE Ratio
RLI Corp. has a trailing twelve months price to earnings ratio of 22.12. Meaning, the purchaser of the share is investing $22.12 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 23.51%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 28, 2024, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 0.74%.
4. Afya (AFYA)
14.6% sales growth and 11.15% return on equity
Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. The company operates through three segments: Undergrad, Continuing Education, and Digital Services. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools. The company also provides digital health services, such as subscription-based mobile app and website portal that focuses on assisting health professionals and students with clinical decision-making through tools, such as medical calculators, charts, and updated content, as well as prescriptions, clinical scores, medical procedures and laboratory exams, and others. It offers health sciences courses, which comprise medicine, dentistry, nursing, radiology, psychology, pharmacy, physical education, physiotherapy, nutrition, and biomedicine; and degree programs and courses in other subjects and disciplines, including undergraduate and post graduate courses in business administration, accounting, law, civil engineering, industrial engineering, and pedagogy. In addition, the company provides medical postgraduate specialization programs; printed and digital content; and an online medical education platform and practical medical training services. The company was founded in 1999 and is headquartered in Nova Lima, Brazil.
Earnings Per Share
As for profitability, Afya has a trailing twelve months EPS of $0.79.
PE Ratio
Afya has a trailing twelve months price to earnings ratio of 26.46. Meaning, the purchaser of the share is investing $26.46 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 11.15%.
Moving Average
Afya’s value is above its 50-day moving average of $20.65 and way above its 200-day moving average of $17.23.
Sales Growth
Afya’s sales growth is 21.9% for the current quarter and 14.6% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 10.7% and 23.7%, respectively.
Yearly Top and Bottom Value
Afya’s stock is valued at $20.90 at 11:22 EST, below its 52-week high of $22.48 and way higher than its 52-week low of $9.66.
Previous days news about Afya(AFYA)
- According to Zacks on Thursday, 7 March, "Another stock from the broader Zacks Consumer Discretionary sector, Afya (AFYA Quick QuoteAFYA – Free Report) , has yet to report results for the quarter ended December 2023."
5. EMCOR Group (EME)
10.5% sales growth and 26.59% return on equity
EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services primarily in the United States and the United Kingdom. It offers design, integration, installation, starts-up, operation, and maintenance services related to electrical power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation in the refining, chemical processing, and food processing industries; low-voltage systems, such as fire alarm, security, and process control systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services. The company also provides building services that cover commercial and government site-based operations and maintenance; facility management, maintenance, and services; outage services to utilities and industrial plants; military base operations support services; mobile mechanical maintenance and services; services for indoor air quality; floor care and janitorial services; landscaping, lot sweeping, and snow removal services; vendor management and call center services; installation and support for building systems; program development, management, and maintenance for energy systems; technical consulting and diagnostic services; infrastructure and building projects; small modification and retrofit projects; and other building services. It offers industrial services to oil, gas, and petrochemical industries. EMCOR Group, Inc. was incorporated in 1987 and is headquartered in Norwalk, Connecticut.
Earnings Per Share
As for profitability, EMCOR Group has a trailing twelve months EPS of $11.46.
PE Ratio
EMCOR Group has a trailing twelve months price to earnings ratio of 26.65. Meaning, the purchaser of the share is investing $26.65 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 26.59%.
Previous days news about EMCOR Group(EME)
- Zacks.com featured highlights arm holdings, emcor group, golden ocean group, interface and acuity brands. According to Zacks on Thursday, 7 March, "Chicago, IL - March 7, 2024 - Stocks in this week’s article are Arm Holdings plc (ARM Quick QuoteARM – Free Report) , EMCOR Group Inc. (EME Quick QuoteEME – Free Report) , Golden Ocean Group Ltd. ", "These companies are - Arm Holdings plc, EMCOR Group Inc., Golden Ocean Group Ltd., Interface Inc. and Acuity Brands Inc."
6. Vipshop Holdings Limited (VIPS)
6.3% sales growth and 22.58% return on equity
Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products. It also provides internet finance services, including consumer and supplier financing. In addition, the company engages in warehousing services, retail business, product procurement, and software development and information technology support activities. The company provides its branded products through its vip.com and vipshop.com online platforms, as well as through retail stores. Vipshop Holdings Limited was founded in 2008 and is headquartered in Guangzhou, the People's Republic of China.
Earnings Per Share
As for profitability, Vipshop Holdings Limited has a trailing twelve months EPS of $1.83.
PE Ratio
Vipshop Holdings Limited has a trailing twelve months price to earnings ratio of 10.58. Meaning, the purchaser of the share is investing $10.58 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 22.58%.
Moving Average
Vipshop Holdings Limited’s worth is way higher than its 50-day moving average of $16.71 and way above its 200-day moving average of $16.12.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 0.43 and the estimated forward annual dividend yield is 2.22%.
Volume
Today’s last reported volume for Vipshop Holdings Limited is 4943510 which is 59.94% above its average volume of 3090670.
Sales Growth
Vipshop Holdings Limited’s sales growth is 3.8% for the present quarter and 6.3% for the next.
7. Lakeland Industries (LAKE)
5.7% sales growth and 5.43% return on equity
Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks. The company also provides durable woven garments, including electrostatic dissipative apparel used in electronics clean rooms; flame resistant meta aramid, para aramid, and FR cotton coveralls/pants/jackets used in petrochemical, refining operations, and electrical utilities; FR fabrics; and cotton and polycotton coveralls, lab coats, pants, and shirts. In addition, it provides high visibility clothing comprising reflective apparel, including vests, T-shirts, sweatshirts, jackets, coats, raingear, jumpsuits, hats, and gloves; and gloves and sleeves that are used in the automotive, glass, and metal fabrication industries. The company sells its products to a network of approximately 1,600 safety and industrial supply distributors through in-house sales teams, customer service group, and independent sales representatives. It serves end users, such as integrated oil, chemical/petrochemical, automobile, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry; and federal, state, and local governmental agencies and departments. The company was incorporated in 1982 and is headquartered in Huntsville, Alabama.
Earnings Per Share
As for profitability, Lakeland Industries has a trailing twelve months EPS of $0.87.
PE Ratio
Lakeland Industries has a trailing twelve months price to earnings ratio of 18.91. Meaning, the purchaser of the share is investing $18.91 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 5.43%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 14, 2024, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 0.73%.
Moving Average
Lakeland Industries’s value is under its 50-day moving average of $17.76 and above its 200-day moving average of $15.30.
Volume
Today’s last reported volume for Lakeland Industries is 16889 which is 33.79% below its average volume of 25511.
8. Northeast Bank (NBN)
5.3% sales growth and 18.22% return on equity
Northeast Bank provides personal and business banking services in Maine, the United States. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, cash management, and remote deposit capture services, as well as debit and credit card, ATM, electronic transfer, and check services. It operates a network of nine branches in Western, Central, and Southern Maine. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine.
Earnings Per Share
As for profitability, Northeast Bank has a trailing twelve months EPS of $7.17.
PE Ratio
Northeast Bank has a trailing twelve months price to earnings ratio of 7.56. Meaning, the purchaser of the share is investing $7.56 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 18.22%.
Sales Growth
Northeast Bank’s sales growth for the next quarter is 5.3%.
Volume
Today’s last reported volume for Northeast Bank is 11126 which is 43.3% below its average volume of 19623.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.9%, now sitting on 143.21M for the twelve trailing months.
