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

(VIANEWS) – MAGNORA (MGN.OL), SEADRILL (SDRL.OL), BW LPG (BWLPG.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. MAGNORA (MGN.OL)

210.1% sales growth and 52.28% return on equity

Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, MAGNORA has a trailing twelve months EPS of kr3.95.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 7.13. Meaning, the purchaser of the share is investing kr7.13 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 52.28%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MAGNORA’s EBITDA is -76.25.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Oct 26, 2023, the estimated forward annual dividend rate is 0.37 and the estimated forward annual dividend yield is 1.3%.

Sales Growth

MAGNORA’s sales growth is negative 94.8% for the current quarter and 210.1% for the next.

Moving Average

MAGNORA’s value is under its 50-day moving average of kr30.92 and below its 200-day moving average of kr30.79.

More news about MAGNORA.

2. SEADRILL (SDRL.OL)

45.2% sales growth and 8.93% return on equity

Seadrill Limited provides offshore contract drilling services to the oil and gas industry worldwide. It operates in three segments: Harsh Environment, Floaters, and Jack-ups Rigs. The company owns and operates drill ships, semi-submersible rigs, and jack-up rigs for operations in shallow and ultra-deep-water in benign and harsh environments. It serves oil super-majors, state-owned national oil companies, and independent oil and gas companies. Seadrill Limited was formerly known as Seadrill 2021 Limited. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.

Earnings Per Share

As for profitability, SEADRILL has a trailing twelve months EPS of kr644.16.

PE Ratio

SEADRILL has a trailing twelve months price to earnings ratio of 0.72. Meaning, the purchaser of the share is investing kr0.72 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 8.93%.

Yearly Top and Bottom Value

SEADRILL’s stock is valued at kr466.50 at 06:20 EST, way below its 52-week high of kr550.00 and way above its 52-week low of kr353.95.

Sales Growth

SEADRILL’s sales growth is 63.6% for the present quarter and 45.2% for the next.

Volume

Today’s last reported volume for SEADRILL is 28008 which is 72.11% below its average volume of 100458.

More news about SEADRILL.

3. BW LPG (BWLPG.OL)

31.1% sales growth and 20.16% return on equity

BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. The company operates through Shipping and Product Services segments. It is involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. The company also offers integrated liquified petroleum gas (LPG) delivery services directly to buyers and receivers. It owns and operates LPG vessels and a fleet of very large gas carriers. The company was formerly known as BW Gas LPG Holding Limited and changed its name to BW LPG Limited in September 2013. BW LPG Limited was founded in 1935 and is headquartered in Singapore.

Earnings Per Share

As for profitability, BW LPG has a trailing twelve months EPS of kr32.55.

PE Ratio

BW LPG has a trailing twelve months price to earnings ratio of 4.02. Meaning, the purchaser of the share is investing kr4.02 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 20.16%.

Moving Average

BW LPG’s worth is way above its 50-day moving average of kr107.92 and way above its 200-day moving average of kr90.51.

More news about BW LPG.

4. AKER SOLUTIONS (AKSO.OL)

16.8% sales growth and 17.09% return on equity

Aker Solutions ASA provides solutions, products, systems, and services to the oil and gas industry worldwide. It offers field planning, feasibility, and concept studies; specialist engineering, project management, and procurement services; floater designs, offshore wind, as well as engages in design, delivery, and construction of deep-water risers, oil, and gas production, and receiving and processing facilities. In addition, the company provides offshore fish farming, carbon capture, utilization and storage, hydrogen, and offshore wind solutions. Further, the company designs and constructs jackets for construction services and offers electrification services; and designs and constructs offshore oil and gas production facilities and onshore receiving and processing facilities. Additionally, the company provides subsea production, compression, pump, power distribution, and processing systems, and subsea lifecycle services. Furthermore, the company offers maintenance, modifications, decommissioning, asset integrity management, hook-up, and completion solutions. Aker Solutions ASA was founded in 1841 and is headquartered in Fornebu, Norway.

Earnings Per Share

As for profitability, AKER SOLUTIONS has a trailing twelve months EPS of kr3.41.

PE Ratio

AKER SOLUTIONS has a trailing twelve months price to earnings ratio of 10.49. Meaning, the purchaser of the share is investing kr10.49 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 17.09%.

More news about AKER SOLUTIONS.

5. SPAREBANKEN SØR (SOR.OL)

13.6% sales growth and 11.36% return on equity

Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.

Earnings Per Share

As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr17.2.

PE Ratio

SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 8.4. Meaning, the purchaser of the share is investing kr8.4 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 11.36%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 3.3% and a negative 4.7%, respectively.

Yearly Top and Bottom Value

SPAREBANKEN SØR’s stock is valued at kr144.50 at 06:20 EST, under its 52-week high of kr149.00 and way above its 52-week low of kr120.50.

Volume

Today’s last reported volume for SPAREBANKEN SØR is 5081 which is 98.76% below its average volume of 412163.

More news about SPAREBANKEN SØR.

6. SPIE (SPIE.PA)

7.3% sales growth and 8.32% return on equity

SPIE SA provides multi-technical services in the areas of energy and communications. The company operates through four segments: France; Germany and Central Europe; North-Western Europe; and Oil & Gas and Nuclear. It provides technical engineering solutions for buildings; technical facility management, energy-efficiency, and technical services for the transmission and distribution of energy for industrial clients; and electrical, mechanical, and HVAC engineering services. The company also offers oil and gas services, including exploring and investigating new fields, buildings and operating facilities, and optimizing production; construction, renovation, and maintenance services for bridges, locks, and pumping stations; maintenance and innovative solutions for traffic infrastructure; and fixed and mobile digital telecom networks, as well as technical building management, communications and networks, tech FM services; engineering, construction, maintenance, and optimization services for industrial processes; energy recovery and sustainable management services to technical facilities; and energy transmission networks, medium-voltage facilities, distribution networks, busbar systems, and wind and solar power farms. In addition, it engages in the installation and maintenance of electrical systems, heating and air conditioning, building ventilation, utilities and automation for industries; and management of IT and data processing infrastructures. The company was founded in 1900 and is headquartered in Cergy-Pontoise, France.

Earnings Per Share

As for profitability, SPIE has a trailing twelve months EPS of €0.92.

PE Ratio

SPIE has a trailing twelve months price to earnings ratio of 33.22. Meaning, the purchaser of the share is investing €33.22 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 8.32%.

Moving Average

SPIE’s value is higher than its 50-day moving average of €28.55 and above its 200-day moving average of €27.87.

Revenue Growth

Year-on-year quarterly revenue growth grew by 9.6%, now sitting on 8.57B for the twelve trailing months.

Sales Growth

SPIE’s sales growth is 7.8% for the current quarter and 7.3% for the next.

More news about SPIE.

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