NextEra Energy Partners, LP And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – NextEra Energy Partners, LP (NEP), StoneCastle Financial Corp (BANX), Albemarle (ALB) 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. NextEra Energy Partners, LP (NEP)

36.8% sales growth and 4.91% return on equity

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. The company was founded in 2014 and is headquartered in Juno Beach, Florida.

Earnings Per Share

As for profitability, NextEra Energy Partners, LP has a trailing twelve months EPS of $3.73.

PE Ratio

NextEra Energy Partners, LP has a trailing twelve months price to earnings ratio of 15.71. Meaning, the purchaser of the share is investing $15.71 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 4.91%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

NextEra Energy Partners, LP’s EBITDA is 59.06.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 73.9% and a negative 49.5%, respectively.

Volume

Today’s last reported volume for NextEra Energy Partners, LP is 583829 which is 41.65% below its average volume of 1000580.

Sales Growth

NextEra Energy Partners, LP’s sales growth is 16.8% for the ongoing quarter and 36.8% for the next.

2. StoneCastle Financial Corp (BANX)

29.5% sales growth and 3.56% return on equity

ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in debt and subordinated debt, structured notes and securities, regulatory capital securities which are rated below investment grade. ArrowMark Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.

Earnings Per Share

As for profitability, StoneCastle Financial Corp has a trailing twelve months EPS of $0.75.

PE Ratio

StoneCastle Financial Corp has a trailing twelve months price to earnings ratio of 21.96. Meaning, the purchaser of the share is investing $21.96 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 3.56%.

Yearly Top and Bottom Value

StoneCastle Financial Corp’s stock is valued at $16.47 at 16:22 EST, way under its 52-week high of $20.23 and way above its 52-week low of $13.80.

Volume

Today’s last reported volume for StoneCastle Financial Corp is 7552 which is 58.51% below its average volume of 18203.

Moving Average

StoneCastle Financial Corp’s value is above its 50-day moving average of $16.40 and below its 200-day moving average of $17.39.

3. Albemarle (ALB)

12.4% sales growth and 49.18% return on equity

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based products used in fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, disinfectants, and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Albemarle has a trailing twelve months EPS of $31.2.

PE Ratio

Albemarle has a trailing twelve months price to earnings ratio of 6.77. Meaning, the purchaser of the share is investing $6.77 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 49.18%.

Yearly Top and Bottom Value

Albemarle’s stock is valued at $211.18 at 16:22 EST, way under its 52-week high of $334.55 and way higher than its 52-week low of $171.82.

Moving Average

Albemarle’s worth is under its 50-day moving average of $219.28 and way below its 200-day moving average of $238.72.

Sales Growth

Albemarle’s sales growth is 65.8% for the present quarter and 12.4% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2023, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 0.67%.

4. Tyler Technologies (TYL)

5.8% sales growth and 6.11% return on equity

Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software, and Platform Technologies. The company offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; student information and transportation solutions for K-12 schools; and financial management systems. It also provides a suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, and single county systems; public safety software solutions; systems and software to automate the appraisal and assessment of real and personal property, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; software applications to enhance and automate operations involving records and document management; and data and insights solutions. In addition, the company offers software as a service arrangements and electronic document filing solutions for courts and law offices; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. It has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. Tyler Technologies, Inc. was founded in 1966 and is headquartered in Plano, Texas.

Earnings Per Share

As for profitability, Tyler Technologies has a trailing twelve months EPS of $3.52.

PE Ratio

Tyler Technologies has a trailing twelve months price to earnings ratio of 113.71. Meaning, the purchaser of the share is investing $113.71 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 6.11%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 0.5% and a drop 3.9% for the next.

Yearly Top and Bottom Value

Tyler Technologies’s stock is valued at $400.26 at 16:22 EST, under its 52-week high of $426.83 and way higher than its 52-week low of $281.11.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.5%, now sitting on 1.87B for the twelve trailing months.

Sales Growth

Tyler Technologies’s sales growth is 4.8% for the ongoing quarter and 5.8% for the next.

Previous days news about Tyler Technologies(TYL)

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