(VIANEWS) – OKEA (OKEA.OL), SPBK 1 ØSTLANDET (SPOL.OL), ABN AMRO BANK N.V. (ABN.AS) 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. OKEA (OKEA.OL)
33.2% sales growth and 35.99% return on equity
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company holds 44.56% interests in Draugen, 12% interests in Gjøa, 9.2385% interests in Ivar Aasen, 6% interests in Nova, and 15% interests in Yme assets. OKEA ASA was incorporated in 2015 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, OKEA has a trailing twelve months EPS of kr6.27.
PE Ratio
OKEA has a trailing twelve months price to earnings ratio of 5.86. Meaning, the purchaser of the share is investing kr5.86 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 35.99%.
Moving Average
OKEA’s value is under its 50-day moving average of kr38.44 and above its 200-day moving average of kr33.98.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 76.3% and a negative 56.2%, respectively.
Sales Growth
OKEA’s sales growth is negative 12.6% for the present quarter and 33.2% for the next.
Volume
Today’s last reported volume for OKEA is 467333 which is 6.68% below its average volume of 500806.
More news about OKEA.
2. SPBK 1 ØSTLANDET (SPOL.OL)
20.3% sales growth and 11.87% 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. SpareBank 1 Østlandet operates as a subsidiary of Sparebankstiftelsen Hedmark.
Earnings Per Share
As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr13.36.
PE Ratio
SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 9.39. Meaning, the purchaser of the share is investing kr9.39 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.87%.
Yearly Top and Bottom Value
SPBK 1 ØSTLANDET’s stock is valued at kr125.40 at 17:20 EST, under its 52-week high of kr138.40 and way higher than its 52-week low of kr106.00.
Volume
Today’s last reported volume for SPBK 1 ØSTLANDET is 21887 which is 28.22% below its average volume of 30495.
Dividend Yield
As claimed by 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 5.07%.
More news about SPBK 1 ØSTLANDET.
3. ABN AMRO BANK N.V. (ABN.AS)
16.8% sales growth and 10.93% return on equity
ABN AMRO Bank N.V. provides various banking products and services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, Moneyou, and ABN AMRO brands. It also issues, promotes, manages, and processes credit cards; provides revolving credit card facilities and pension schemes, as well as consumer credit and mortgages; and life and non-life insurance products. In addition, it offers asset-based solutions, including working capital solutions, equipment leases and loans, and vendor lease services; private banking and wealth-management-related services; and derivatives and equity clearing services. ABN AMRO Bank N.V. was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, ABN AMRO BANK N.V. has a trailing twelve months EPS of €2.71.
PE Ratio
ABN AMRO BANK N.V. has a trailing twelve months price to earnings ratio of 4.68. Meaning, the purchaser of the share is investing €4.68 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.93%.
Yearly Top and Bottom Value
ABN AMRO BANK N.V.’s stock is valued at €12.68 at 17:20 EST, way below its 52-week high of €17.00 and way higher than its 52-week low of €9.60.
Volume
Today’s last reported volume for ABN AMRO BANK N.V. is 938263 which is 70.31% below its average volume of 3160290.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.1%, now sitting on 8.41B for the twelve trailing months.
Moving Average
ABN AMRO BANK N.V.’s value is below its 50-day moving average of €13.44 and way below its 200-day moving average of €14.50.
More news about ABN AMRO BANK N.V..
4. VOSS VEKSEL OGLAND (VVL.OL)
16% sales growth and 9.14% return on equity
Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.
Earnings Per Share
As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr26.35.
PE Ratio
VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 8.27. Meaning, the purchaser of the share is investing kr8.27 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.14%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 33.2% and 20.7%, respectively.
Sales Growth
VOSS VEKSEL OGLAND’s sales growth for the next quarter is 16%.
More news about VOSS VEKSEL OGLAND.
