ING GROEP N.V. And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – ING GROEP N.V. (INGA.AS), TIPIAK (TIPI.PA), ITERA (ITERA.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. ING GROEP N.V. (INGA.AS)

24.2% sales growth and 25.17% return on equity

ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ING GROEP N.V. has a trailing twelve months EPS of €1.36.

PE Ratio

ING GROEP N.V. has a trailing twelve months price to earnings ratio of 9. Meaning, the purchaser of the share is investing €9 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 25.17%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 45.2% and 76.9%, respectively.

Volume

Today’s last reported volume for ING GROEP N.V. is 5539940 which is 60.78% below its average volume of 14125500.

Moving Average

ING GROEP N.V.’s worth is above its 50-day moving average of €11.38 and above its 200-day moving average of €11.14.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 4.68%.

More news about ING GROEP N.V..

2. TIPIAK (TIPI.PA)

13.7% sales growth and 6.82% return on equity

Tipiak Société Anonyme, a food company, manufactures prepared food products, frozen ready-meals, pastry products, groceries, and crusty bread products. The company offers groceries, such as breadcrumbs, cereals, couscous, croutons, Japanese pearls, potato starch, quinoa, and tapioca; frozen products, including savory products, appetizers, and side dishes with grains; and frozen sweet products comprising macarons, mini eclairs, and petits fours. It sells its products in France, England, and the United States. The company was founded in 1830 and is based in Saint-Aignan-Grandlieu, France.

Earnings Per Share

As for profitability, TIPIAK has a trailing twelve months EPS of €3.61.

PE Ratio

TIPIAK has a trailing twelve months price to earnings ratio of 16.34. Meaning, the purchaser of the share is investing €16.34 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 6.82%.

Volume

Today’s last reported volume for TIPIAK is 66 which is 94.11% above its average volume of 34.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.9%, now sitting on 239.37M for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jul 4, 2023, the estimated forward annual dividend rate is 1.65 and the estimated forward annual dividend yield is 2.8%.

Moving Average

TIPIAK’s value is below its 50-day moving average of €59.56 and above its 200-day moving average of €58.28.

More news about TIPIAK.

3. ITERA (ITERA.OL)

11.8% sales growth and 99.64% return on equity

Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Denmark, and Slovakia. It offers data, artificial intelligence and analytics, development and architecture, test and quality assurance solutions, as well as cloud and application services. The company delivers projects and services in the strategy and consulting, customer experience, and technology and cloud transformation areas. Itera ASA was founded in 1989 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, ITERA has a trailing twelve months EPS of kr0.85.

PE Ratio

ITERA has a trailing twelve months price to earnings ratio of 18.35. Meaning, the purchaser of the share is investing kr18.35 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 99.64%.

Yearly Top and Bottom Value

ITERA’s stock is valued at kr15.60 at 02:20 EST, under its 52-week high of kr16.50 and way higher than its 52-week low of kr10.95.

Revenue Growth

Year-on-year quarterly revenue growth grew by 30.8%, now sitting on 790.13M for the twelve trailing months.

More news about ITERA.

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 22.94. Meaning, the purchaser of the share is investing €22.94 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%.

More news about OENEO.

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