(VIANEWS) – CTT CORREIOS PORT (CTT.LS), SPBK1 NORD-NORGE (NONG.OL), RYANAIR HOLD. PLC (RYA.IR) 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. CTT CORREIOS PORT (CTT.LS)
327.5% sales growth and 22.58% return on equity
CTT – Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; and banking services. It also engages in the business of payments related to collection of invoices and fines. In addition, the company enables the payment of various services and utilities through a network of approximately 5,000 agents covering business outlets as stationery stores, tobacco shops, kiosks, and supermarkets. It operates a retail network of 566 post offices; 1,808 postal agencies; 223 postal delivery offices; 4,576 postal delivery routes; and a fleet of 3,925 vehicles. The company was formerly known as Correio Publico. CTT – Correios De Portugal, S.A. was founded in 1520 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, CTT CORREIOS PORT has a trailing twelve months EPS of €0.11.
PE Ratio
CTT CORREIOS PORT has a trailing twelve months price to earnings ratio of 33.86. Meaning, the purchaser of the share is investing €33.86 for every euro 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 22.58%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 18, 2022, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 3.41%.
2. SPBK1 NORD-NORGE (NONG.OL)
44.3% sales growth and 11.77% return on equity
SpareBank 1 Nord-Norge provides banking services to personal and corporate customers in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers various savings, lending, insurance, and pension products, as well as payment services. It also provides secured loan financing, real estate leasing and agency, billing systems, and accounting solutions. It operates through a network of 38 locations in 36 municipalities in Nordland, Troms, Finnmark, and Svalbard. The company was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr7.89.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 12.85. Meaning, the purchaser of the share is investing kr12.85 for every norwegian krone 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 11.77%.
Moving Average
SPBK1 NORD-NORGE’s value is above its 50-day moving average of kr95.73 and way higher than its 200-day moving average of kr90.86.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 6, 2022, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 7.62%.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 18.9% for the current quarter and 44.3% for the next.
3. RYANAIR HOLD. PLC (RYA.IR)
38.7% sales growth and 24.39% return on equity
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services; in-flight sale of beverages, food, duty-free, and merchandise; and marketing of car hire and accommodation services, and travel insurance through its website and mobile app. In addition, the company offers aircraft and passenger handling, ticketing, and maintenance and repair services; and markets car parking, fast-track, airport transfers, attractions, and activities on its website and mobile app, as well as sells gift vouchers. As of June 30, 2022, it had a principal fleet of approximately 483 Boeing 737 aircrafts and 29 Airbus A320 aircrafts; and offered approximately 3,000 short-haul flights per day serving approximately 225 airports. Ryanair Holdings plc was founded in 1985 and is headquartered in Swords, Ireland.
Earnings Per Share
As for profitability, RYANAIR HOLD. PLC has a trailing twelve months EPS of €-0.58.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.39%.
Moving Average
RYANAIR HOLD. PLC’s worth is above its 50-day moving average of €14.28 and way higher than its 200-day moving average of €12.85.
4. NORBIT (NORBT.OL)
33.5% sales growth and 19.45% return on equity
NORBIT ASA provides technology products and solutions. It operates through three segments: Oceans, Connectivity, and Product Innovation and Realization. The company designs and develops wideband multibeam sonars used for hydrographic and forward-looking applications, as well as for detection of advanced subsea leakage; and provides cable assemblies, electromechanical box builds, and business solutions. It also offers sensors and sensor platforms used for monitoring, detection, and reporting tasks; GuardPoint, a surveillance sonar used to detect underwater intruders; SafePoint that use to detect navigational obstacles; NORTrace, a software that simulates and graphs the underwater propagation of various sonar; SeaCOP software system for monitoring, detection, and emergency response for maritime and offshore operations; and security solutions for defense. In addition, the company provides high power underwater lights, power cabinets, and other sensor solutions for aquaculture industry. Further, it offers dedicated short-range communication (DSRC) technology for intelligent traffic systems and truck applications; global navigation satellite systems-based tolling and DSRC devices, and connectivity modules for smart tachographs; desktop readers; roadside units; and reclosable fasteners. The company was founded in 1980 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, NORBIT has a trailing twelve months EPS of kr1.36.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 27.21. Meaning, the purchaser of the share is investing kr27.21 for every norwegian krone 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 19.45%.
Volume
Today’s last reported volume for NORBIT is 520 which is 98.46% below its average volume of 33978.
Moving Average
NORBIT’s value is way higher than its 50-day moving average of kr32.73 and way higher than its 200-day moving average of kr28.27.
Yearly Top and Bottom Value
NORBIT’s stock is valued at kr37.00 at 06:20 EST, below its 52-week high of kr40.00 and way higher than its 52-week low of kr22.90.
5. SPAREBANKEN MØRE (MORG.OL)
30.3% sales growth and 9.92% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Møre og Romsdal, Norway. It operates through Corporate, Retail, and Real Estate Brokerage segments. The company offers services in the areas of funding, deposits and other forms of investments, asset management, financial advisory, money transfer, currency and interest rate trading, insurance, and real estate brokerage. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN MØRE has a trailing twelve months EPS of kr29.98.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 2.92. Meaning, the purchaser of the share is investing kr2.92 for every norwegian krone 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 9.92%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 70.3% and positive 34.3% for the next.
Sales Growth
SPAREBANKEN MØRE’s sales growth is 32.9% for the present quarter and 30.3% for the next.
Moving Average
SPAREBANKEN MØRE’s value is above its 50-day moving average of kr81.97 and way higher than its 200-day moving average of kr76.12.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 30, 2023, the estimated forward annual dividend rate is 3.2 and the estimated forward annual dividend yield is 3.64%.
6. MELEXIS (MELE.BR)
18.6% sales growth and 45.26% return on equity
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN/CAN system basis, NFC/RFID, radio-frequency receiver and transmitter, and switch controller ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.
Earnings Per Share
As for profitability, MELEXIS has a trailing twelve months EPS of €1.89.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 55.28. Meaning, the purchaser of the share is investing €55.28 for every euro 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 45.26%.
Volume
Today’s last reported volume for MELEXIS is 4701 which is 82.08% below its average volume of 26236.
Sales Growth
MELEXIS’s sales growth is 22.9% for the current quarter and 18.6% for the next.
