(VIANEWS) – JinkoSolar Holding Company Limited (JKS), Live Nation Entertainment (LYV), Republic Bancorp (RBCAA) 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. JinkoSolar Holding Company Limited (JKS)
57.1% sales growth and 10.71% return on equity
JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; and develops commercial solar power projects. The company sells its products to distributors, project developers, and system integrators; and utility, commercial, and residential customers under the JinkoSolar brand, as well as on an original equipment manufacturer basis. As of December 31, 2019, it had an integrated annual capacity of 15.0 gigawatt (GW) for silicon wafers, including 11.5 GW for mono wafers; 10.6 GW for solar cells; and 16.0 GW for solar modules. The company has operations in the People's Republic of China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and internationally. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the People's Republic of China.
Earnings Per Share
As for profitability, JinkoSolar Holding Company Limited has a trailing twelve months EPS of $3.94.
PE Ratio
JinkoSolar Holding Company Limited has a trailing twelve months price to earnings ratio of 11.11. Meaning, the purchaser of the share is investing $11.11 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 10.71%.
Sales Growth
JinkoSolar Holding Company Limited’s sales growth is 43% for the present quarter and 57.1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 250.5% and 79.1%, respectively.
Volume
Today’s last reported volume for JinkoSolar Holding Company Limited is 1094580 which is 39.52% above its average volume of 784520.
Earnings Before Interest, Taxes, Depreciation, and Amortization
JinkoSolar Holding Company Limited’s EBITDA is 0.09.
2. Live Nation Entertainment (LYV)
28.2% sales growth and 81.98% return on equity
Live Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues; operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients for tickets and event information through its primary websites livenation.com and ticketmaster.com, as well as through other websites, mobile apps, retail outlets, and call centers; and provides ticket resale services. This segment sells tickets for its events and third-party clients in various live event categories; offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage and promotional programs; rich media offering that comprise advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. It owns, operates, or leases entertainment venues in North America and internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.
Earnings Per Share
As for profitability, Live Nation Entertainment has a trailing twelve months EPS of $0.78.
PE Ratio
Live Nation Entertainment has a trailing twelve months price to earnings ratio of 104.53. Meaning, the purchaser of the share is investing $104.53 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 81.98%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 3% and a negative 18.7%, respectively.
Yearly Top and Bottom Value
Live Nation Entertainment’s stock is valued at $81.53 at 06:22 EST, way under its 52-week high of $99.66 and way above its 52-week low of $64.25.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Live Nation Entertainment’s EBITDA is 1.07.
3. Republic Bancorp (RBCAA)
27% sales growth and 10.55% return on equity
Republic Bancorp, Inc., a financial holding company, provides various banking products and services in the United States. It operates in five segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The company accepts demand, money market accounts, savings, individual retirement accounts, time, brokered, and other certificates of deposit. Its loan products include residential real estate, commercial real estate, construction and land development, home improvement and home equity, secured and unsecured personal, and aircraft loans. The company also offers credit cards; title insurance and other financial products and services; and memory banking, private banking, lockbox processing, remote deposit capture, business online banking, account reconciliation, automated clearing house processing, and internet and mobile banking services. In addition, it provides short-term and revolving credit facilities to mortgage bankers; tax refund solutions, which facilitate the receipt and payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers; and general purpose reloadable prepaid cards through third party service providers. Further, the company offers consumer credit products; and property and casualty insurance products. As of January 28, 2022, it operated 42 full-service banking centers. Republic Bancorp, Inc. was incorporated in 1974 and is headquartered in Louisville, Kentucky.
Earnings Per Share
As for profitability, Republic Bancorp has a trailing twelve months EPS of $4.61.
PE Ratio
Republic Bancorp has a trailing twelve months price to earnings ratio of 8.72. Meaning, the purchaser of the share is investing $8.72 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%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 15, 2023, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 3.75%.
4. Ciena Corporation (CIEN)
26.4% sales growth and 6.49% return on equity
Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.
Earnings Per Share
As for profitability, Ciena Corporation has a trailing twelve months EPS of $1.22.
PE Ratio
Ciena Corporation has a trailing twelve months price to earnings ratio of 36.83. Meaning, the purchaser of the share is investing $36.83 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 6.49%.
Sales Growth
Ciena Corporation’s sales growth is 14.7% for the ongoing quarter and 26.4% for the next.
Yearly Top and Bottom Value
Ciena Corporation’s stock is valued at $44.93 at 06:22 EST, way under its 52-week high of $56.38 and way higher than its 52-week low of $38.33.
Revenue Growth
Year-on-year quarterly revenue growth grew by 25.1%, now sitting on 3.84B for the twelve trailing months.
5. Banco Latinoamericano de Comercio Exterior, S.A. (BLX)
21% sales growth and 11.23% return on equity
Banco Latinoamericano de Comercio Exterior, S.A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates through two segments, Commercial and Treasury. It offers short and medium-term bilateral, structured and syndicated credits, and loan commitments; financial guarantee contracts, such as issued and confirmed letters of credit, and stand-by letters of credit; and guarantees covering commercial risk and other assets, as well as co-financing arrangements, underwriting of syndicated credit facilities, structured trade financing in the form of factoring and vendor financing, and financial leasing. The company also provides treasury solutions, which include term deposits and private placements. It primarily serves financial institutions, corporations, and sovereigns and state-owned entities. The company was formerly known as Banco Latinoamericano de Exportaciones, S.A. and changed its name to Banco Latinoamericano de Comercio Exterior, S.A. in June 2009. Banco Latinoamericano de Comercio Exterior, S.A. was founded in 1977 and is headquartered in Panama City, the Republic of Panama.
Earnings Per Share
As for profitability, Banco Latinoamericano de Comercio Exterior, S.A. has a trailing twelve months EPS of $3.25.
PE Ratio
Banco Latinoamericano de Comercio Exterior, S.A. has a trailing twelve months price to earnings ratio of 6.02. Meaning, the purchaser of the share is investing $6.02 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 11.23%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 138.7%, now sitting on 177.85M for the twelve trailing months.
Yearly Top and Bottom Value
Banco Latinoamericano de Comercio Exterior, S.A.’s stock is valued at $19.55 at 06:22 EST, below its 52-week high of $19.69 and way higher than its 52-week low of $12.58.
6. Avid Bioservices (CDMO)
19.9% sales growth and 96.27% return on equity
Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices (CGMP) clinical and commercial manufacturing services focused on biopharmaceutical drug substances derived from mammalian cell culture. It produces monoclonal antibodies and recombinant proteins; and offers services, including CGMP clinical and commercial drug substance manufacturing, purification, bulk packaging, release and stability testing, and regulatory submission and support. The company also provides various process development services, such as upstream and downstream development and optimization, analytical methods development, testing, and characterization. It serves biotechnology and pharmaceutical companies. Avid Bioservices, Inc. has a process development and manufacturing agreement with Oragenics, Inc. to develop coronavirus vaccine. The company was formerly known as Peregrine Pharmaceuticals, Inc. and changed its name to Avid Bioservices, Inc. in January 2018. Avid Bioservices, Inc. was founded in 1981 and is headquartered in Tustin, California.
Earnings Per Share
As for profitability, Avid Bioservices has a trailing twelve months EPS of $1.6.
PE Ratio
Avid Bioservices has a trailing twelve months price to earnings ratio of 10.84. Meaning, the purchaser of the share is investing $10.84 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 96.27%.
Volume
Today’s last reported volume for Avid Bioservices is 254657 which is 55.86% below its average volume of 576990.
Moving Average
Avid Bioservices’s worth is below its 50-day moving average of $18.12 and higher than its 200-day moving average of $16.87.
7. Erie Indemnity Company (ERIE)
9.9% sales growth and 22.42% return on equity
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
Earnings Per Share
As for profitability, Erie Indemnity Company has a trailing twelve months EPS of $6.04.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 35.84. Meaning, the purchaser of the share is investing $35.84 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 22.42%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 24.2% and 25.5%, respectively.
Moving Average
Erie Indemnity Company’s worth is under its 50-day moving average of $228.70 and under its 200-day moving average of $239.23.
