(VIANEWS) – Precision Drilling Corporation (PDS), Tesla (TSLA), Lincoln Electric Holdings (LECO) 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. Precision Drilling Corporation (PDS)
23.9% sales growth and 8.32% return on equity
Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related services and products. The company operates in two segments, Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment provides land drilling, directional drilling, and turnkey drilling services; and procures and distributes oilfield supplies, as well as manufactures and refurbishes drilling and service rig equipment. As of December 31, 2019, this segment operated 226 land drilling rigs, including 109 in Canada; 104 in the United States; 6 in Kuwai; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; and oilfield surface equipment rentals, as well as pressure control services to oil and natural gas exploration and production companies. As of December 31, 2019, this segment operated 123 well completion and workover service rigs, including 114 in Canada; 9 in the United States; approximately 1,700 oilfield rental items, including surface storage, small-flow wastewater treatment, and power generation and solids control equipment; and 132 wellsite accommodation units in Canada. It also had 42 drilling camps in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Precision Drilling Corporation has a trailing twelve months EPS of $4.73.
PE Ratio
Precision Drilling Corporation has a trailing twelve months price to earnings ratio of 9.79. Meaning, the purchaser of the share is investing $9.79 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 8.32%.
Yearly Top and Bottom Value
Precision Drilling Corporation’s stock is valued at $46.29 at 01:22 EST, way below its 52-week high of $87.36 and way higher than its 52-week low of $41.56.
Revenue Growth
Year-on-year quarterly revenue growth grew by 59%, now sitting on 1.82B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Precision Drilling Corporation’s EBITDA is 0.84.
Volume
Today’s last reported volume for Precision Drilling Corporation is 33041 which is 42.58% below its average volume of 57551.
Previous days news about Precision Drilling Corporation(PDS)
- According to Zacks on Monday, 10 July, "However, investors should not steer clear of energy companies as there are several players, such as PBF Energy Inc. (PBF Quick QuotePBF – Free Report) , Precision Drilling Corporation (PDS Quick QuotePDS – Free Report) and Baker Hughes Company (BKR Quick QuoteBKR – Free Report) , which are expected to beat earnings estimates in the second quarter.", "Precision Drilling Corporation price-eps-surprise | Precision Drilling Corporation Quote"
2. Tesla (TSLA)
16.4% sales growth and 27.99% return on equity
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
Earnings Per Share
As for profitability, Tesla has a trailing twelve months EPS of $3.34.
PE Ratio
Tesla has a trailing twelve months price to earnings ratio of 81.44. Meaning, the purchaser of the share is investing $81.44 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 27.99%.
Moving Average
Tesla’s value is way above its 50-day moving average of $212.54 and way above its 200-day moving average of $194.04.
Sales Growth
Tesla’s sales growth is 44.9% for the ongoing quarter and 16.4% for the next.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 7.9% and a drop 16.2% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Tesla’s EBITDA is 165.42.
Previous days news about Tesla(TSLA)
- According to Zacks on Monday, 10 July, "For investors looking to get in on the space, three companies - Rivian (RIVN Quick QuoteRIVN – Free Report) , Nio (NIO Quick QuoteNIO – Free Report) , and of course, Tesla (TSLA Quick QuoteTSLA – Free Report) - would all provide exposure. ", "The results helped provide more fuel for Tesla shares, which have already been big-time outperformers year-to-date, up more than 120%."
- Tesla (tsla) remains technically overbought. According to FXStreet on Tuesday, 11 July, "I wanted to return to Tesla (TSLA) today, a stock I featured in this week’s Weekly Market Insight."
- According to Zacks on Tuesday, 11 July, "Meta Platforms ((META Quick QuoteMETA – Free Report) ), Apple ((AAPL Quick QuoteAAPL – Free Report) ), Amazon ((AMZN Quick QuoteAMZN – Free Report) ), Alphabet ((GOOGL Quick QuoteGOOGL – Free Report) ), Microsoft ((MSFT Quick QuoteMSFT – Free Report) ), Nvidia ((NVDA Quick QuoteNVDA – Free Report) ), and Tesla ((TSLA Quick QuoteTSLA – Free Report) ) have been dubbed "The Magnificent Seven" because of their incredible performance of late. "
- : Tesla’s model 3 is the best-selling used EV so far this year, followed by the nissan leaf, according to carvana. According to MarketWatch on Monday, 10 July, "There were three Tesla models among the top 10 used EVs sold so far this year, as well as three models of General Motor’s Co.’s Chevrolet brand. ", "After the Model 3, the EV’s making up Carvana’s top 10 were Nissan Motor Co.’s Leaf, the BMW i3, the Chevy Volt, the Tesla Model Y, the Tesla Model S, the Volkswagen e-Golf, the Chevy Bolt, Ford Motor Co.’s Mustang Mach-E and the Chevy Spark."
- According to FXStreet on Tuesday, 11 July, "On Thursday, July 6, the China Association of Auto Manufacturers (CAAM) welcomed a truce among 16 major automotive manufacturers in China to halt the unrelenting price war that has gone on since Tesla (TSLA) began cutting prices at the end of 2022.", "This agreement’s failure may have been spurred on by the fact that Tesla introduced a $500 referral fee to gain customers globally, including in China, and the Volkswagen (VWAGY) joint venture with SAIC also announced price cuts to its EV lineup on Friday. "
3. Lincoln Electric Holdings (LECO)
14% sales growth and 47.09% return on equity
Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. The company's product offering also includes computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, it is involved in the retail business in the United States. Lincoln Electric Holdings, Inc. serves general fabrication, energy and process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. The company sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Lincoln Electric Holdings has a trailing twelve months EPS of $8.
PE Ratio
Lincoln Electric Holdings has a trailing twelve months price to earnings ratio of 24.83. Meaning, the purchaser of the share is investing $24.83 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 47.09%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Lincoln Electric Holdings’s EBITDA is 56.58.
Moving Average
Lincoln Electric Holdings’s worth is way higher than its 50-day moving average of $177.53 and way higher than its 200-day moving average of $157.83.
4. Merit Medical Systems (MMSI)
12.4% sales growth and 7.6% return on equity
Merit Medical Systems, Inc. manufactures and markets disposable medical devices for interventional, diagnostic, and therapeutic procedures in cardiology, radiology, oncology, critical care, and endoscopy. The company operates in two segments, Cardiovascular and Endoscopy. It provides peripheral intervention products for the diagnosis and treatment of diseases in peripheral vessels and organs; and cardiac intervention products, such as access, angiography, hemostasis, intervention, fluid management, electrophysiology and cardiac rhythm management, and hemodynamic monitoring to treat various heart conditions. The company also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, swab and collection systems, manifold kits, and trays and packs; coated tubes and wires; and sensor components for microelectromechanical systems. In addition, it provides pulmonary products that consist of laser-cut tracheobronchial stents, advanced over-the-wire and direct visualization delivery systems, and dilation balloons; gastroenterology products; and kits and accessories for endoscopy and bronchoscopy procedures. The company sells its products to hospitals and alternate site-based physicians, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, or custom procedure tray manufacturers in the United States and internationally. The company was incorporated in 1987 and is headquartered in South Jordan, Utah.
Earnings Per Share
As for profitability, Merit Medical Systems has a trailing twelve months EPS of $1.48.
PE Ratio
Merit Medical Systems has a trailing twelve months price to earnings ratio of 56.51. Meaning, the purchaser of the share is investing $56.51 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 7.6%.
Sales Growth
Merit Medical Systems’s sales growth is 5.2% for the current quarter and 12.4% for the next.
Moving Average
Merit Medical Systems’s worth is higher than its 50-day moving average of $82.63 and way above its 200-day moving average of $71.66.
5. Lexington Realty Trust (LXP)
6.9% sales growth and 4.98% return on equity
Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased commercial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.
Earnings Per Share
As for profitability, Lexington Realty Trust has a trailing twelve months EPS of $0.38.
PE Ratio
Lexington Realty Trust has a trailing twelve months price to earnings ratio of 24.53. Meaning, the purchaser of the share is investing $24.53 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 4.98%.
Yearly Top and Bottom Value
Lexington Realty Trust’s stock is valued at $9.32 at 01:22 EST, way below its 52-week high of $11.92 and higher than its 52-week low of $8.81.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Lexington Realty Trust’s EBITDA is 12.76.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 107.1% and a negative 125%, respectively.
Moving Average
Lexington Realty Trust’s worth is below its 50-day moving average of $9.90 and under its 200-day moving average of $10.16.
