REACH SUBSEA And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – REACH SUBSEA (REACH.OL), RYANAIR HOLD. PLC (RYA.IR), SPAREBANKEN ØST (SPOG.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. REACH SUBSEA (REACH.OL)

71.2% sales growth and 18.34% return on equity

Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering. It also provides asset integrity/pipeline inspection, and engineering and project management services; reach remote services comprising survey, inspection, and IMR and seabed intervention; seabed survey services consisting of site surveys and geohazard investigation, pipeline inspection, seabed mapping, UXO, general, and route surveys; offshore cable; marine construction; and rig and mooring services. In addition, the company offers geophysical monitoring services, which include 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that comprise earthquake monitoring and prediction, C02 storage, and geothermal energy exploitation. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.

Earnings Per Share

As for profitability, REACH SUBSEA has a trailing twelve months EPS of kr0.59.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.25. Meaning, the purchaser of the share is investing kr6.25 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 18.34%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 1, 2023, the estimated forward annual dividend rate is 0.18 and the estimated forward annual dividend yield is 4.69%.

Yearly Top and Bottom Value

REACH SUBSEA’s stock is valued at kr3.69 at 12:20 EST, way below its 52-week high of kr5.22 and way above its 52-week low of kr3.22.

More news about REACH SUBSEA.

2. RYANAIR HOLD. PLC (RYA.IR)

38.7% sales growth and 23.49% 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 €1.13.

PE Ratio

RYANAIR HOLD. PLC has a trailing twelve months price to earnings ratio of 14.71. Meaning, the purchaser of the share is investing €14.71 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 23.49%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

RYANAIR HOLD. PLC’s EBITDA is 316.69.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 150% and a drop 144.4% for the next.

Sales Growth

RYANAIR HOLD. PLC’s sales growth for the next quarter is 38.7%.

Volume

Today’s last reported volume for RYANAIR HOLD. PLC is 291128 which is 81.82% below its average volume of 1601520.

More news about RYANAIR HOLD. PLC.

3. SPAREBANKEN ØST (SPOG.OL)

29.1% 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; current account; mortgages on homes; and debenture financing of vehicles, 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 kr5.2.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.15. Meaning, the purchaser of the share is investing kr9.15 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%.

Sales Growth

SPAREBANKEN ØST’s sales growth is 51.7% for the ongoing quarter and 29.1% for the next.

More news about SPAREBANKEN ØST.

4. SONAECOM,SGPS (SNC.LS)

19.6% sales growth and 5.08% return on equity

Sonaecom, S.G.P.S., S.A., together with its subsidiaries, operates in technology, media, and telecommunications areas worldwide. The company provides consultancy services in the area of information systems; sells licensed software; and research, development, consulting, maintenance, and audit services for products, systems, facilities, and communication and security services. It also engages in the editing, composition, and publication of periodical and non-periodical materials, as well as exploration of radio and TV stations and studios; consulting, advisory, audit, and maintenance of various facilities, and communication services and security systems; and purchase and installation of communication and security systems. In addition, the company is involved in the research, development, and commercialization of projects and service solutions in the area of information technology, communications and retail, and consulting activities for business and management; development, installation, implementation, training, and maintenance of systems and software products; rental of equipment; consulting business; industries and trade of electronic equipment and software; and advisory in retail segments, and industries and services. Further, it provides support, management consulting, and administration, primarily in the areas of accounting, taxation, administrative procedures, logistics, human resources, and training; and services in IT and cybersecurity to institutions, banks, and insurance companies, as well as invests in and manages venture capital and venture capital funds. The company was founded in 1988 and is headquartered in Cidade da Maia, Portugal. Sonaecom, S.G.P.S., S.A. is a subsidiary of Sonae, SGPS, S.A.

Earnings Per Share

As for profitability, SONAECOM,SGPS has a trailing twelve months EPS of €0.21.

PE Ratio

SONAECOM,SGPS has a trailing twelve months price to earnings ratio of 11.57. Meaning, the purchaser of the share is investing €11.57 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 5.08%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SONAECOM,SGPS’s EBITDA is 21.58.

Revenue Growth

Year-on-year quarterly revenue growth grew by 37%, now sitting on 20.62M for the twelve trailing months.

Yearly Top and Bottom Value

SONAECOM,SGPS’s stock is valued at €2.43 at 12:20 EST, way under its 52-week high of €2.75 and way higher than its 52-week low of €1.72.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 10, 2023, the estimated forward annual dividend rate is 0.03 and the estimated forward annual dividend yield is 1.22%.

More news about SONAECOM,SGPS.

5. MOWI (MOWI.OL)

18.4% sales growth and 24.25% return on equity

Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, MOWI has a trailing twelve months EPS of kr19.09.

PE Ratio

MOWI has a trailing twelve months price to earnings ratio of 8.99. Meaning, the purchaser of the share is investing kr8.99 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 24.25%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 19, 2023, the estimated forward annual dividend rate is 7.7 and the estimated forward annual dividend yield is 4.43%.

More news about MOWI.

6. 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 €4.47.

PE Ratio

AIRBUS has a trailing twelve months price to earnings ratio of 29.99. Meaning, the purchaser of the share is investing €29.99 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%.

Moving Average

AIRBUS’s worth is way above its 50-day moving average of €119.14 and way higher than its 200-day moving average of €107.25.

More news about AIRBUS.

Leave a Reply

Your email address will not be published. Required fields are marked *