(VIANEWS) - Coastal Financial Corporation (CCB), Canadian Solar (CSIQ), OFG Bancorp (OFG) 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. Coastal Financial Corporation (CCB)
65.2% sales growth and 16.34% return on equity
Coastal Financial Corporation is the bank holding firm for Coastal Community Bank. It provides a variety of banking products and services to professionals and small- to medium-sized business owners, as well as individuals, in Washington's Puget Sound area. You can deposit in a variety of products including demand and savings, checking, money market, time deposits and cash. It offers industrial and commercial loans. These include term loans and small-business administration loans. Commercial lines of credit are available. Borrowing base loans and residential loans can also be offered. Remote deposit capture, mobile banking and online banking are all available. Debit cards can also be obtained. The company also offers cash management and business accounts. These include business checking, savings, and Treasury services. The company has 15 fully-service banks. Coastal Financial Corporation was established in 1997. It is headquartered at Everett in Washington.
Earnings per Share
Coastal Financial Corporation's trailing twelve-month EPS is $1.51.
PE Ratio
Coastal Financial Corporation's trailing 12-month price-to-earnings ratio is 31.92. The purchaser of the shares is therefore investing $31.92 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 16.34%.Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 40.4% and 80.4%, respectively.Moving Average
Coastal Financial Corporation's worth is way above its 50-day moving average of $42.29 and way above its 200-day moving average of $42.34.Revenue Growth
Year-on-year quarterly revenue growth grew by 122.7%, now sitting on 144.26M for the twelve trailing months.
2. Canadian Solar (CSIQ)
64.1% sales growth and 11.53% return on equity
Canadian Solar Inc. and its affiliates design, develop, manufacture, and market solar cells, modules and wafers. It operates in two divisions: Module and System Solutions, (MSS), and Energy. MSS is a segment that designs, develops, manufactures, and sells a variety of solar power products. These include standard and specialty modules as well as solar systems kits. Ready-to-install solar packages consisting of inverters and racking systems. The company also offers engineering, procurement and construction services, as well as operation and maintenance (O&M). The energy solutions offered by this segment include energy storage and solar inverters for residential and commercial use. O&M includes inspections, repairs, and replacements of equipment, as well as site management, administrative support, and assistance with solar power project projects. This segment is involved in developing and selling solar power projects, as well as operating solar power plants. This segment was home to a total of 880.2 MWp solar power plants as of January 31, 2020. Distributors, system integrators and project developers are the company's main customers. Canadian Solar Inc. is a distributor of its products under the Canadian Solar brand. It also sells on an OEM basis. The company has offices in North America and South America. It also operates internationally. Guelph is the headquarters of this company, which was established in 2001.
Earnings per Share
Canadian Solar's trailing 12 month EPS is $2.19.
PE Ratio
Canadian Solar's trailing 12-month price-to-earnings ratio is 16.32. The purchaser of the shares is therefore investing $16.32 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 11.53%.Revenue Growth
Year-on-year quarterly revenue growth grew by 57.2%, now sitting on 7.03B for the twelve trailing months.
Moving Average
Canadian Solar's worth is above its 50-day moving average of $34.72 and higher than its 200-day moving average of $33.94.3. OFG Bancorp (OFG)
22.2% sales growth and 14.96% return on equity
OFG Bancorp is a financial holding firm that provides various financial and banking services. The company operates three business segments, namely Banking, Wealth Management and Treasury. It offers time deposit and checking accounts as well as commercial, consumer and auto loans. Financial planning is also offered. The company also offers securities brokerage services. These include various investment options such as mutual funds, stocks and tax-advantaged fixed-income securities; separate-managed accounts; mutual fund asset allocation programs; pension administration; trust; and other financial services. The company also offers insurance agency services, administration of retirement plans, various treasury-related tasks, including an investment portfolio that includes mortgage-backed securities and obligations of U.S. government-sponsored agencies. It can also manage and participate in private placements and public offerings of equity and debt securities. It also offers investment banking and investment brokerage. It has 55 Puerto Rico branches and two USVI branches. OFG Bancorp, which was established in 1964, is located in San Juan (Puerto Rico).
Earnings per Share
OFG Bancorp's trailing twelve-month EPS is $3.13.
PE Ratio
OFG Bancorp's trailing 12-month price-to-earnings ratio is 9.14. The purchaser of the shares is therefore investing $9.14 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 14.96%.4. Ford (F)
14.1% sales growth and 29.39% return on equity
Ford Motor Company manufactures, markets and supports a wide range of Ford vehicles and trucks. The company operates in three main segments, Automotive, Mobility and Ford Credit. Through distributors and dealers, the Automotive segment sells Ford or Lincoln cars, parts and accessories. Dealers also provide service to commercial fleet customers and daily rental car agencies. Governments can also use dealerships. The Mobility segment provides services for self-driving system development and design. Ford Credit primarily deals in financing and leasing of vehicles to or through dealers. The company offers retail installment sales contracts for used and new cars; direct financing leases of new cars to commercial and retail customers such as fleet customers, leasing companies, government agencies, daily rental firms, and leasing companies. The segment offers wholesale loans for dealers to finance vehicle inventory purchases; loans to dealers are available to finance working capital, enhance dealer facilities and purchase real estate. ARB Corporation Limited is a strategic partner of the company to create a range of products aftermarket for Ford Bronco. Ford Motor Company was founded in Dearborn in Michigan in 1903.
Earnings per Share
Ford's trailing 12 month EPS is $0.99.
PE Ratio
Ford's trailing 12 months earnings to price ratio is 14.16. The purchaser of the shares is therefore investing $14.16 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 29.39%.Moving Average
Ford's worth is higher than its 50-day moving average of $12.98 and under its 200-day moving average of $14.31.Revenue growth
The year-on-year revenue growth was 50.2%. We now have 148.03B in the 12 trailing months.
Sales Growth
Ford's sales growth is 17.3% for the present quarter and 14.1% for the next.
5. Independent Bank Group (IBTX)
12% sales growth and 8.52% return on equity
Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans comprising SBA guaranteed loans, business term loans, equipment lease financing, lines of credit, and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages. In addition, it offers debit cards, online and mobile banking, eStatement, bank-by-mail, and direct deposit services; and business accounts and management services, including analyzed business checking, business savings, and treasury management services. As of December 31, 2020, the company operated 93 branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.
Earnings Per Share
As for profitability, Independent Bank Group has a trailing twelve months EPS of $4.97.
PE Ratio
Independent Bank Group has a trailing twelve months price to earnings ratio of 13.31. Meaning, the purchaser of the share is investing $13.31 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 8.52%.