(VIANEWS) – SolarEdge Technologies (SEDG), Churchill Downs (CHDN), Haynes International (HAYN) 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. SolarEdge Technologies (SEDG)
36.8% sales growth and 5.38% return on equity
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. It operates through five segments: Solar, Energy Storage, e-Mobility, Critical Power, and Automation Machines. The company offers inverters, power optimizers, communication devices, and smart energy management solutions used in residential, commercial, and small utility-scale solar installations; and a cloud-based monitoring platform that collects and processes information from the power optimizers and inverters, as well as monitors and manages the solar PV system. It also provides residential, commercial, and large scale PV, energy storage and backup, electric vehicle charging, and home energy management solutions, as well as grid services; and e-Mobility, automation machines, lithium-ion cells and battery packs, and uninterrupted power supply solutions, as well as virtual power plants, which helps to manage the load on the grid and grid stability. In addition, the company offers pre-sales support, ongoing trainings, and technical support and after installation services. The company sells its products to the providers of solar PV systems; and solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. was founded in 2006 and is headquartered in Herzliya, Israel.
Earnings Per Share
As for profitability, SolarEdge Technologies has a trailing twelve months EPS of $1.65.
PE Ratio
SolarEdge Technologies has a trailing twelve months price to earnings ratio of 184.87. Meaning, the purchaser of the share is investing $184.87 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 5.38%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SolarEdge Technologies’s EBITDA is 5.58.
Revenue Growth
Year-on-year quarterly revenue growth grew by 61.4%, now sitting on 3.11B for the twelve trailing months.
Yearly Top and Bottom Value
SolarEdge Technologies’s stock is valued at $305.04 at 05:22 EST, way under its 52-week high of $375.90 and way higher than its 52-week low of $190.15.
2. Churchill Downs (CHDN)
36.1% sales growth and 102.39% return on equity
Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; nine retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.
Earnings Per Share
As for profitability, Churchill Downs has a trailing twelve months EPS of $11.41.
PE Ratio
Churchill Downs has a trailing twelve months price to earnings ratio of 21.31. Meaning, the purchaser of the share is investing $21.31 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 102.39%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 44.7% and 31.5%, respectively.
3. Haynes International (HAYN)
13.1% sales growth and 13.21% return on equity
Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, Asia, and internationally. The company offers high-temperature resistant alloys (HTA) and corrosion-resistant alloys (CRA). Its HTA products are used by manufacturers of equipment, including jet engines for the aerospace market; gas turbine engines for power generation; and industrial heating equipment. The company's CRA products are used in various applications, including chemical processing, power plant emissions control, and hazardous waste treatment. Its products also have applications in flue-gas desulfurization, oil and gas, waste incineration, industrial heat treating, automotive, sensors and instrumentation, biopharmaceuticals, solar, and nuclear fuel. In addition, the company produces products as seamless and welded tubulars, as well as in slab, bar, billet, and wire forms. It sells its products primarily through direct sales organizations, and network of independent distributors and sales agents. Haynes International, Inc. was founded in 1912 and is headquartered in Kokomo, Indiana.
Earnings Per Share
As for profitability, Haynes International has a trailing twelve months EPS of $3.81.
PE Ratio
Haynes International has a trailing twelve months price to earnings ratio of 13.92. Meaning, the purchaser of the share is investing $13.92 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 13.21%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 33.4%, now sitting on 523.7M for the twelve trailing months.
Yearly Top and Bottom Value
Haynes International’s stock is valued at $53.02 at 05:22 EST, below its 52-week high of $58.36 and way higher than its 52-week low of $29.00.
4. Owens (OI)
6.2% sales growth and 53.25% return on equity
O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. The company is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. It offers glass containers in a range of sizes, shapes, and colors. The company sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. O-I Glass, Inc. was founded in 1903 and is headquartered in Perrysburg, Ohio.
Earnings Per Share
As for profitability, Owens has a trailing twelve months EPS of $0.64.
PE Ratio
Owens has a trailing twelve months price to earnings ratio of 34.08. Meaning, the purchaser of the share is investing $34.08 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 53.25%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.7%, now sitting on 6.86B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 44.6% and 2.7%, respectively.
Sales Growth
Owens’s sales growth is 5.3% for the current quarter and 6.2% for the next.
Volume
Today’s last reported volume for Owens is 493475 which is 60.13% below its average volume of 1238020.
Previous days news about Owens(OI)
- Owens & minor (omi) misses Q4 earnings estimates. According to Zacks on Tuesday, 28 February, "While Owens & Minor has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?", "Ahead of this earnings release, the estimate revisions trend for Owens & Minor: unfavorable. "
