(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), WILH. WILHELMSEN A (WWI.OL), NORBIT (NORBT.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)
27.1% sales growth and 7.22% 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 kr5.19.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.19. Meaning, the purchaser of the share is investing kr9.19 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 7.22%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 33.7%, now sitting on 745.5M for the twelve trailing months.
Moving Average
SPAREBANKEN ØST’s worth is above its 50-day moving average of kr45.95 and below its 200-day moving average of kr47.70.
Yearly Top and Bottom Value
SPAREBANKEN ØST’s stock is valued at kr47.70 at 22:20 EST, way below its 52-week high of kr53.60 and way higher than its 52-week low of kr43.10.
Volume
Today’s last reported volume for SPAREBANKEN ØST is 5200 which is 71.96% below its average volume of 18549.
More news about SPAREBANKEN ØST.
2. WILH. WILHELMSEN A (WWI.OL)
27% sales growth and 7.53% return on equity
Wilh. Wilhelmsen Holding ASA provides maritime products and services in Europe, the Oceania, Asia and Africa, and the Americas. It operates through three segments: Maritime Services, New Energy, and Strategic Holdings and Investments. The company offers marine products, including Nalfleet water treatment products to treat and protect on board systems; Unitor chemicals and equipment to clean vessels; Unicool refrigerants; Timm ropes for the maritime industry; Unitor fuel treatment chemicals; Unitor equipment for the maintenance and performance vessels; Unitor cylinders; marine specialty lubricants; and Unitor oil spill equipment and products, and sorbents and booms. It also provides ship agency services to the merchant fleet, as well as ship management services, including manning for various vessels. The company also engages in the operation of supply bases for the offshore industry; development and operation of real estate properties on and off the supply bases; and maintenance of rigs and handling of logistics related to international pipeline projects and windmill parks. Further, it offers technical and crew management services for the offshore wind market, and digital solutions for the shipping industry. Wilh. Wilhelmsen Holding ASA also provides marine and non-marine insurance services; and investment, port, and infrastructure and supply solutions. The company was founded in 1861 and is headquartered in Lysaker, Norway. Wilh. Wilhelmsen Holding ASA is a subsidiary of Tallyman AS.
Earnings Per Share
As for profitability, WILH. WILHELMSEN A has a trailing twelve months EPS of kr56.52.
PE Ratio
WILH. WILHELMSEN A has a trailing twelve months price to earnings ratio of 4.85. Meaning, the purchaser of the share is investing kr4.85 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 7.53%.
Yearly Top and Bottom Value
WILH. WILHELMSEN A’s stock is valued at kr274.00 at 22:20 EST, below its 52-week high of kr299.00 and way above its 52-week low of kr193.00.
Sales Growth
WILH. WILHELMSEN A’s sales growth is 12.4% for the current quarter and 27% for the next.
Volume
Today’s last reported volume for WILH. WILHELMSEN A is 1334 which is 92.57% below its average volume of 17956.
More news about WILH. WILHELMSEN A.
3. NORBIT (NORBT.OL)
22% sales growth and 24.78% return on equity
Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. The company was founded in 1995 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, NORBIT has a trailing twelve months EPS of kr2.49.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 23.69. Meaning, the purchaser of the share is investing kr23.69 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 24.78%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 60.2%, now sitting on 1.31B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 5, 2023, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 1.27%.
Sales Growth
NORBIT’s sales growth is 17.3% for the current quarter and 22% for the next.
More news about NORBIT.
4. OENEO (SBT.PA)
6.7% sales growth and 12.71% return on equity
Oeneo SA operates in the wine industry worldwide. The company manufactures and sale of cork closures. It also provides solutions in wine making and spirits. Oeneo SA is headquartered in Bordeaux, France. Oeneo SA is a subsidiary of Caspar SAS.
Earnings Per Share
As for profitability, OENEO has a trailing twelve months EPS of €0.63.
PE Ratio
OENEO has a trailing twelve months price to earnings ratio of 22.7. Meaning, the purchaser of the share is investing €22.7 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 12.71%.
Moving Average
OENEO’s value is above its 50-day moving average of €14.02 and under its 200-day moving average of €14.42.
Yearly Top and Bottom Value
OENEO’s stock is valued at €14.30 at 22:20 EST, way under its 52-week high of €16.80 and way above its 52-week low of €12.85.
More news about OENEO.
