Eclipx Group is one of many stocks the market is bullish on. Its expected double-digit top-line and bottom-line growth exceeds its peers, and its financially stable position lessens the chances of risk. I would suggest taking a look at my list of companies that compare favourably in all criteria, and consider whether they would add value to your current portfolio.
Eclipx Group Limited (ASX:ECX)
Eclipx Group Limited supplies, finances, and manages vehicles on behalf of corporate customers and consumers in Australia, and corporate and SME customers in New Zealand. Eclipx Group was established in 1987 and with the company’s market capitalisation at AUD A$1.30B, we can put it in the small-cap stocks category.
Extreme optimism for ECX, as market analysts projected an outstanding earnings growth rate of 76.87% for the stock, supported by an equally strong sales. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 13.90%. ECX’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Considering ECX as a potential investment? I recommend researching its fundamentals here.
Experience Co Limited (ASX:EXP)
Experience Co Limited, an adventure tourism and leisure company, provides tandem skydiving services. Established in 1998, and currently run by Anthony Ritter, the company size now stands at 200 people and with the company’s market cap sitting at AUD A$333.69M, it falls under the small-cap stocks category.
Driven by the positive double-digit sales growth of 46.36% over the next few years, EXP is expected to deliver an excellent earnings growth of 83.30%. Although reduction in cost is not the most sustainable operational activity, the expanding top-line growth, on the other hand, is encouraging. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 15.77%. EXP’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. A potential addition to your portfolio? Other fundamental factors you should also consider can be found here.
carsales.com Ltd (ASX:CAR)
carsales.com Ltd engages in online automotive, motorcycle, and marine classifieds business primarily in Australia. Established in 1997, and now led by CEO Cameron McIntyre, the company employs 458 people and with the company’s market cap sitting at AUD A$3.28B, it falls under the mid-cap stocks category.