(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), KBC (KBC.BR), SPBK 1 ØSTLANDET (SPOL.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)
29.3% 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; home mortgage loans; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, and leisure insurance products, as well as life and health insurance products; and shares and funds trading services. In addition, the company buys, sells, and stores cryptocurrencies, 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 kr5.3.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 8.96. Meaning, the purchaser of the share is investing kr8.96 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%.
Yearly Top and Bottom Value
SPAREBANKEN ØST’s stock is valued at kr47.50 at 17:20 EST, way below its 52-week high of kr53.60 and way above its 52-week low of kr43.10.
Volume
Today’s last reported volume for SPAREBANKEN ØST is 1030 which is 90.28% below its average volume of 10597.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 94.1% and 70.9%, respectively.
Moving Average
SPAREBANKEN ØST’s value is higher than its 50-day moving average of kr46.47 and higher than its 200-day moving average of kr47.27.
More news about SPAREBANKEN ØST.
2. KBC (KBC.BR)
27.2% sales growth and 13.72% return on equity
KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services. It also provides digital and mobile banking services. The company was formerly known as KBC Bank and Insurance Holding Company NV and changed its name to KBC Group NV in March 2005. KBC Group NV was incorporated in 1935 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, KBC has a trailing twelve months EPS of €7.49.
PE Ratio
KBC has a trailing twelve months price to earnings ratio of 8.71. Meaning, the purchaser of the share is investing €8.71 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 13.72%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 9, 2023, the estimated forward annual dividend rate is 6 and the estimated forward annual dividend yield is 9.09%.
Sales Growth
KBC’s sales growth for the next quarter is 27.2%.
Moving Average
KBC’s value is above its 50-day moving average of €62.37 and above its 200-day moving average of €61.04.
Yearly Top and Bottom Value
KBC’s stock is valued at €65.24 at 17:20 EST, below its 52-week high of €72.46 and way above its 52-week low of €45.53.
More news about KBC.
3. SPBK 1 ØSTLANDET (SPOL.OL)
26% 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 10.39. Meaning, the purchaser of the share is investing kr10.39 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%.
Sales Growth
SPBK 1 ØSTLANDET’s sales growth is 46.1% for the ongoing quarter and 26% for the next.
Yearly Top and Bottom Value
SPBK 1 ØSTLANDET’s stock is valued at kr124.80 at 17:20 EST, below its 52-week high of kr131.20 and way higher than its 52-week low of kr104.00.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 91.6% and 48.4%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 6.8 and the estimated forward annual dividend yield is 5.4%.
More news about SPBK 1 ØSTLANDET.
4. LERØY SEAFOOD GP (LSG.OL)
10.7% sales growth and 15.65% return on equity
Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products worldwide. It operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales and Distribution. The company offers smoked and gravad salmon, and trout products; farmed and wild catch whole fishes; fillets and portions; ready-to-eat and ready-to-cook products; fish blocks and cubes; breaded products; pre-fried fish burgers and patties; crustaceans and molluscs; seaweeds; and other products. Lerøy Seafood Group ASA markets its products primarily under the Norway Seafoods, Arctic Supreme, Fjord trout, Aurora Salmon, Fossen, Sea Eagle, Lerøy, and M?r brands to shops, restaurants, canteens, and hotels. The company was founded in 1899 and is headquartered in Bergen, Norway. Lerøy Seafood Group ASA is a subsidiary of Austevoll Seafood ASA.
Earnings Per Share
As for profitability, LERØY SEAFOOD GP has a trailing twelve months EPS of kr5.17.
PE Ratio
LERØY SEAFOOD GP has a trailing twelve months price to earnings ratio of 8.05. Meaning, the purchaser of the share is investing kr8.05 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 15.65%.
More news about LERØY SEAFOOD GP.
5. MELEXIS (MELE.BR)
9.6% sales growth and 41.13% return on equity
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN transceiver, CAN transceiver, RFID Transceiver NFC Sensor tag ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.
Earnings Per Share
As for profitability, MELEXIS has a trailing twelve months EPS of €4.94.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 19.31. Meaning, the purchaser of the share is investing €19.31 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 41.13%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.2%, now sitting on 880.7M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 10, 2023, the estimated forward annual dividend rate is 4.4 and the estimated forward annual dividend yield is 4.58%.
More news about MELEXIS.
6. SCHLUMBERGER (SLB.PA)
7.4% sales growth and 23.02% return on equity
Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
Earnings Per Share
As for profitability, SCHLUMBERGER has a trailing twelve months EPS of €2.39.
PE Ratio
SCHLUMBERGER has a trailing twelve months price to earnings ratio of 21.12. Meaning, the purchaser of the share is investing €21.12 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 23.02%.
More news about SCHLUMBERGER.
