(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), SPAREBANKEN MØRE (MORG.OL), TOTENS SPAREBANK (TOTG.OL) 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. SPAREBANKEN ØST (SPOG.OL)
35.8% sales growth and 6.25% return on equity
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. It also distributes insurance, fund shares, interest rate hedging, and currency, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr4.69.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.57. Meaning, the purchaser of the share is investing kr9.57 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 6.25%.
More news about SPAREBANKEN ØST.
2. SPAREBANKEN MØRE (MORG.OL)
32% 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 kr15.13.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 5.16. Meaning, the purchaser of the share is investing kr5.16 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%.
Sales Growth
SPAREBANKEN MØRE’s sales growth is 33.5% for the present quarter and 32% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 30, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 5.13%.
More news about SPAREBANKEN MØRE.
3. TOTENS SPAREBANK (TOTG.OL)
22.5% sales growth and 10.47% return on equity
Totens Sparebank provides various banking and financial products and services in Norway. The company offers savings and pension products; business and construction loans; leasing; overdrafts and bank guarantees; liability, business, data attack, property damage, craftsman, health, homeowners, collective, personnel, travel, occupational injury, agriculture, and vehicle insurance; and business and credit cards. It also provides online and mobile banking services; payment solutions; asset management; and real estate services. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway.
Earnings Per Share
As for profitability, TOTENS SPAREBANK has a trailing twelve months EPS of kr19.41.
PE Ratio
TOTENS SPAREBANK has a trailing twelve months price to earnings ratio of 10.61. Meaning, the purchaser of the share is investing kr10.61 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 10.47%.
Volume
Today’s last reported volume for TOTENS SPAREBANK is 41 which is 91.51% below its average volume of 483.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.8%, now sitting on 503.35M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 1, 2022, the estimated forward annual dividend rate is 10 and the estimated forward annual dividend yield is 4.59%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 51.7% and 14.9%, respectively.
More news about TOTENS SPAREBANK.
4. AIRBUS (AIR.PA)
14.7% sales growth and 53.48% return on equity
Airbus SE engages in design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet aircraft of approximately 100 seats; and regional turboprop aircraft and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment engages in the development, manufacture, marketing, and sale of civil and military helicopters; and provision of helicopter related services. The Airbus Defence and Space segment designs, develops, delivers, and supports military aircraft, such as combat, mission, transport, tanker aircraft, and their associated services; and offers unmanned aerial systems. This segment also offers civil and defense space systems for telecommunications, earth observations, navigation, science, and orbital systems; missile systems; and space launcher systems, as well as services around data processing from platforms, secure communication, and cyber security. The company was formerly known as Airbus Group SE and changed its name to Airbus SE in April 2017. Airbus SE was incorporated in 1998 and is based in Leiden, the Netherlands.
Earnings Per Share
As for profitability, AIRBUS has a trailing twelve months EPS of €5.26.
PE Ratio
AIRBUS has a trailing twelve months price to earnings ratio of 24.16. Meaning, the purchaser of the share is investing €24.16 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 53.48%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 7.5% and positive 31.9% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 19, 2022, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 1.34%.
Sales Growth
AIRBUS’s sales growth is 9.8% for the ongoing quarter and 14.7% for the next.
Moving Average
AIRBUS’s worth is higher than its 50-day moving average of €119.14 and way above its 200-day moving average of €107.25.
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5. TOMRA SYSTEMS (TOM.OL)
14% sales growth and 16.76% return on equity
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and eject unwanted materials from manufacturing and processing lines for fresh and processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.
Earnings Per Share
As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr3.48.
PE Ratio
TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 49.73. Meaning, the purchaser of the share is investing kr49.73 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 16.76%.
Moving Average
TOMRA SYSTEMS’s value is higher than its 50-day moving average of kr170.93 and below its 200-day moving average of kr188.02.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 1.03%.
Sales Growth
TOMRA SYSTEMS’s sales growth is 17.6% for the ongoing quarter and 14% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 33.3% and 40%, respectively.
More news about TOMRA SYSTEMS.
6. SPBK 1 NORDMØRE (SNOR.OL)
7.1% sales growth and 9.57% return on equity
SpareBank 1 Nordmøre provides various banking services in Norway. The company offers savings and deposit accounts; car, motorcycle, boat, and construction loans; and mortgages. It also provides business insurance products, which include liability, auto, mortgage, operating loss, asset, commercial, and project insurance products; personal insurance products, such as life, travel, and accidental insurance products; pension products; bank cards; payment and debt collection services; and mobile and online banking services. In addition, the company offers bank guarantees, trade credit products, and operating credit products for agriculture, as well as factoring, leasing, and repayment products and services. The company was founded in 1835 and is based in Kristiansund, Norway. SpareBank 1 Nordmøre is a subsidiary of SpareBank 1 Gruppen AS.
Earnings Per Share
As for profitability, SPBK 1 NORDMØRE has a trailing twelve months EPS of kr14.01.
PE Ratio
SPBK 1 NORDMØRE has a trailing twelve months price to earnings ratio of 8.92. Meaning, the purchaser of the share is investing kr8.92 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 9.57%.
Moving Average
SPBK 1 NORDMØRE’s value is under its 50-day moving average of kr126.34 and under its 200-day moving average of kr126.03.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 15.2% and 87.6%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 6, 2022, the estimated forward annual dividend rate is 5 and the estimated forward annual dividend yield is 3.82%.
More news about SPBK 1 NORDMØRE.
