(VIANEWS) – SPAREBANKEN MØRE (MORG.OL), SPBK 1 ØSTLANDET (SPOL.OL), SPAREBANK 1 SR-BK (SRBNK.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 MØRE (MORG.OL)
34.1% sales growth and 10.71% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, 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 kr15.78.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 4.78. Meaning, the purchaser of the share is investing kr4.78 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 10.71%.
Dividend Yield
As maintained 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 5.25%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 72% and positive 36.5% for the next.
Sales Growth
SPAREBANKEN MØRE’s sales growth is 28.7% for the ongoing quarter and 34.1% for the next.
Yearly Top and Bottom Value
SPAREBANKEN MØRE’s stock is valued at kr75.50 at 22:20 EST, way under its 52-week high of kr88.88 and way higher than its 52-week low of kr67.98.
More news about SPAREBANKEN MØRE.
2. SPBK 1 ØSTLANDET (SPOL.OL)
25% sales growth and 10.98% return on equity
SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company operates through Retail, Corporate, and Organisation Market and Capital Market segments. The Retail segment provides financial services comprising of savings, money transfer, insurance, accident prevention, financing, money transfer, capital, and investment management services. The Corporate segment offers interest rate, currency hedging, and investment related services, as well as insurance services for property. The Organisation Market and Capital Market segment provides risk based advisory solutions to high-net-worth individuals and corporates, as well as engages in foreign currency services. SpareBank 1 Østlandet was founded in 1845 and is headquartered in Hamar, Norway. The company operates as a subsidiary of Sparebankstiftelsen Hedmark.
Earnings Per Share
As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr12.01.
PE Ratio
SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 10.64. Meaning, the purchaser of the share is investing kr10.64 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 10.98%.
Moving Average
SPBK 1 ØSTLANDET’s worth is above its 50-day moving average of kr122.64 and above its 200-day moving average of kr117.03.
More news about SPBK 1 ØSTLANDET.
3. SPAREBANK 1 SR-BK (SRBNK.OL)
16.6% sales growth and 12.1% return on equity
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company operates through Retail customers, SME & Agriculture, and Large Corporates segments. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, advisory, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr13.16.
PE Ratio
SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 9.59. Meaning, the purchaser of the share is investing kr9.59 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 12.1%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 14, 2023, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 5.59%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17%, now sitting on 7.31B for the twelve trailing months.
Yearly Top and Bottom Value
SPAREBANK 1 SR-BK’s stock is valued at kr126.20 at 22:20 EST, below its 52-week high of kr131.00 and way higher than its 52-week low of kr98.65.
Sales Growth
SPAREBANK 1 SR-BK’s sales growth for the next quarter is 16.6%.
More news about SPAREBANK 1 SR-BK.
4. AIRBUS (AIR.PA)
14.7% sales growth and 53.48% return on equity
Airbus SE engages in the 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 passenger aircraft; freighter aircraft; 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; a range of civil and defence space systems for telecommunications, earth observations, navigation, science, and orbital systems; and unmanned aerial systems. This segment also offers missile 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 €4.44.
PE Ratio
AIRBUS has a trailing twelve months price to earnings ratio of 29.26. Meaning, the purchaser of the share is investing €29.26 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%.
Yearly Top and Bottom Value
AIRBUS’s stock is valued at €129.92 at 22:20 EST, above its 52-week high of €126.04.
Sales Growth
AIRBUS’s sales growth is 9.8% for the current quarter and 14.7% for the next.
More news about AIRBUS.
5. 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 €3.7.
PE Ratio
TIPIAK has a trailing twelve months price to earnings ratio of 16.35. Meaning, the purchaser of the share is investing €16.35 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%.
Yearly Top and Bottom Value
TIPIAK’s stock is valued at €60.50 at 22:20 EST, way below its 52-week high of €70.00 and way above its 52-week low of €49.60.
More news about TIPIAK.
6. 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 kr0.81.
PE Ratio
ITERA has a trailing twelve months price to earnings ratio of 18.33. Meaning, the purchaser of the share is investing kr18.33 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 30.8%, now sitting on 790.13M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ITERA’s EBITDA is 1.62.
Sales Growth
ITERA’s sales growth is 11.2% for the current quarter and 11.8% for the next.
More news about ITERA.
7. PARETO BANK (PARB.OL)
11.2% sales growth and 14.03% return on equity
Pareto Bank ASA offers various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. The company was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.86.
PE Ratio
PARETO BANK has a trailing twelve months price to earnings ratio of 6.36. Meaning, the purchaser of the share is investing kr6.36 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 14.03%.
More news about PARETO BANK.
