First Solar And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – First Solar (FSLR), QuickLogic Corporation (QUIK), Kimco Realty Corporation (KIM) 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)

36.3% sales growth and 18.11% 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 $11.2.

PE Ratio

First Solar has a trailing twelve months price to earnings ratio of 20.56. Meaning, the purchaser of the share is investing $20.56 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 18.11%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 24.6%, now sitting on 3.76B for the twelve trailing months.

Yearly Top and Bottom Value

First Solar’s stock is valued at $230.27 at 11:22 EST, way under its 52-week high of $306.77 and way above its 52-week low of $129.22.

Volume

Today’s last reported volume for First Solar is 2363740 which is 25.58% below its average volume of 3176310.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 29.2% and 50.2%, respectively.

Previous days news about First Solar(FSLR)

  • According to Zacks on Wednesday, 28 August, "The Biden-Harris administration passed the Clean Energy for America Act and the Inflation Reduction Act, providing incentives for clean energy companies like First Solar ((FSLR Quick QuoteFSLR – Free Report) ) and Tesla ((TSLA Quick QuoteTSLA – Free Report) ). "

2. QuickLogic Corporation (QUIK)

34.4% sales growth and 10.55% return on equity

QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable, hearable, tablets, and the Internet-of-Things devices. It also provides flexible sensor processing solutions, ultra-low power display bridges, ultra-low power field programmable gate arrays (FPGAs); and analytics toolkit, an end-to-end software suite that offers processes for developing pattern matching sensor algorithms using machine learning technology, as well as programming hardware and design software solutions. The company's products include pASIC 3, QuickRAM, QuickPCI, EOS, QuickAI, SensiML Analytics Studio, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II, as well as silicon platforms, IP cores, software drivers, firmware, and application software. It delivers its solutions through ultra-low power customer programmable System on Chip (SoC) semiconductor solutions, embedded software, and algorithm solutions for always-on voice and sensor processing, and enhanced visual experiences. In addition, the company licenses FPGA technology for use in other semiconductor companies SoCs. It markets and sells its products to original equipment manufacturers and original design manufacturers through a network of sales managers and distributors in North America, Europe, and the Asia Pacific. QuickLogic Corporation was founded in 1988 and is headquartered in San Jose, California.

Earnings Per Share

As for profitability, QuickLogic Corporation has a trailing twelve months EPS of $0.14.

PE Ratio

QuickLogic Corporation has a trailing twelve months price to earnings ratio of 63.86. Meaning, the purchaser of the share is investing $63.86 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 10.55%.

3. Kimco Realty Corporation (KIM)

12.3% sales growth and 3.64% return on equity

Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of June 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.

Earnings Per Share

As for profitability, Kimco Realty Corporation has a trailing twelve months EPS of $0.54.

PE Ratio

Kimco Realty Corporation has a trailing twelve months price to earnings ratio of 43.31. Meaning, the purchaser of the share is investing $43.31 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 3.64%.

4. Tyler Technologies (TYL)

11.9% sales growth and 7.04% return on equity

Earnings Per Share

As for profitability, Tyler Technologies has a trailing twelve months EPS of $3.88.

PE Ratio

Tyler Technologies has a trailing twelve months price to earnings ratio of 106.54. Meaning, the purchaser of the share is investing $106.54 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 7.04%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 2.03B for the twelve trailing months.

Moving Average

Tyler Technologies’s worth is way under its 50-day moving average of $535.81 and under its 200-day moving average of $459.02.

5. Hexcel Corporation (HXL)

10% sales growth and 6.61% 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 $1.27.

PE Ratio

Hexcel Corporation has a trailing twelve months price to earnings ratio of 50.37. Meaning, the purchaser of the share is investing $50.37 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 6.61%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 2, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 0.94%.

Volume

Today’s last reported volume for Hexcel Corporation is 1348340 which is 53.98% above its average volume of 875606.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 26.3% and 37.2%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.1%, now sitting on 1.85B for the twelve trailing months.

6. Criteo (CRTO)

6.6% sales growth and 9.95% return on equity

Criteo S.A., a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties. It also offers Criteo AI Engine solutions, including lookalike finder, recommendation, and predictive bidding algorithms; recommendation algorithms, dynamic creative optimization+, sponsored product placement algorithms, and other product placement algorithms. The company's technology comprises data synchronization, storage, and analysis of distributed computing infrastructure in various geographies, as well as fast data collection and retrieval using multi-layered caching infrastructure; and experimentation platform, an offline/online testing platform to enhance the capabilities and effectiveness of prediction models. In addition, it provides Criteo Marketing Solutions that allow commerce companies to address various marketing goals by engaging their consumers with personalized ads across the web, mobile, and offline store environments; and Criteo Retail Media solutions, which allows retailers to generate advertising revenues from consumer brands, and/or to drive sales for themselves, by monetizing their data and audiences through personalized ads, either on their own digital property or on the open Internet. Further, the company offers real-time advertising technology and trading infrastructure, delivering advanced media buying, selling, and packaging capabilities for media owners, agencies, performance advertisers, and third-party AdTech platforms. It serves companies in digital retail, travel, and classifieds sectors. Criteo S.A. was incorporated in 2005 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, Criteo has a trailing twelve months EPS of $0.88.

PE Ratio

Criteo has a trailing twelve months price to earnings ratio of 39.16. Meaning, the purchaser of the share is investing $39.16 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 9.95%.

7. Elbit Systems Ltd. (ESLT)

6.5% sales growth and 7.85% return on equity

Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company offers military aircraft and helicopter systems; commercial aviation systems and aerostructures; unmanned aircraft systems; electro-optic, night vision, and countermeasures systems; naval systems; land vehicle systems; munitions, such as precision munitions for land, air, and sea applications; command, control, communications, computer, intelligence, surveillance and reconnaissance, and cyber systems; electronic warfare and signal intelligence systems; and other commercial activities. It also manufactures and sells data links and radio communication systems and equipment, and cyber intelligence, autonomous, and homeland security solutions; laser systems and products; guided rocket systems; and armored vehicle and other platforms survivability and protection systems, as well as provides various training and support services. The company markets its systems and products as a prime contractor or subcontractor to various governments and companies. It also has operations in the United States, Europe, Latin America, the Asia-Pacific, and internationally. The company was incorporated in 1966 and is based in Haifa, Israel.

Earnings Per Share

As for profitability, Elbit Systems Ltd. has a trailing twelve months EPS of $5.07.

PE Ratio

Elbit Systems Ltd. has a trailing twelve months price to earnings ratio of 37.58. Meaning, the purchaser of the share is investing $37.58 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 7.85%.

Moving Average

Elbit Systems Ltd.’s value is higher than its 50-day moving average of $184.49 and under its 200-day moving average of $199.22.

Yearly Top and Bottom Value

Elbit Systems Ltd.’s stock is valued at $190.51 at 11:22 EST, way under its 52-week high of $225.64 and above its 52-week low of $175.30.

8. Stag Industrial (STAG)

5.6% sales growth and 5.61% return on equity

We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, and (iii) capitalize our business appropriately given the characteristics of our assets. We are organized and conduct our operations to maintain our qualification as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”), and generally are not subject to federal income tax to the extent we currently distribute our income to our stockholders and maintain our qualification as a REIT. We remain subject to state and local taxes on our income and property and to U.S. federal income and excise taxes on our undistributed income. As of December 31, 2023, we owned 569 buildings in 41 states with approximately 112.3 million rentable square feet, consisting of 493 warehouse/distribution buildings, 70 light manufacturing buildings, one flex/office building, and five Value Add Portfolio buildings. In addition, as of December 31, 2023, we had six development projects (which are not included in the building count noted above). While the majority of our portfolio consists of single-tenant properties, we also own a growing number of multi-tenant properties. As of December 31, 2023, our buildings were approximately 98.2% leased, with no single tenant accounting for more than approximately 2.9% of our total annualized base rental revenue and no single industry accounting for more than approximately 11.0% of our total annualized base rental revenue. We intend to maintain a diversified mix of tenants to limit our exposure to any single tenant or industry. As of December 31, 2023, our Operating Portfolio was approximately 98.4% leased. SL Rent Change on new and renewal leases together grew approximately 44.0% and 24.3% during the years ended December 31, 2023 and 2022, respectively, and our Cash Rent Change on new and renewal leases together grew approximately 31.0% and 14.3% during the years ended December 31, 2023 and 2022, respectively. We have fully integrated acquisition, leasing and operations platforms led by a senior management team with decades of industrial real estate experience. Our mission is to deliver attractive long-term stockholder returns in all market environments by growing cash flow through disciplined investment in high-quality real estate while maintaining a strong balance sheet.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.61%.

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