REC SILICON And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – REC SILICON (RECSI.OL), AIRBUS (AIR.PA), JÆREN SPAREBANK (JAREN.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. REC SILICON (RECSI.OL)

161.7% sales growth and 44.59% return on equity

REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various Signature Silane gas, a pure form of silicon that produces product for fuel industries comprising specialty gases, including Dichlorosilane, Monochlorosilane, and Disilane for use in the manufacturing processes of flat panel displays, semiconductors, and solar cells; solar grade polysilicon, including NextSi used for multi crystalline and monocrystalline solar ingot and wafer production in the manufacturing of solar modules; and electronic grade polysilicon consisting of float zone-based devices are used in motor control and power conversion processes for hybrid and electric vehicles, wind energy, and high voltage transmission, 5G communications, high-speed trains, internet of things, and big data, as well as Czochralski for manufacturing of semiconductor wafers used in memory processors, optics, and micro electromechanical systems. The company was formerly known as Renewable Energy Corporation ASA and changed its name to REC Silicon ASA in October 2013. REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway.

Earnings Per Share

As for profitability, REC SILICON has a trailing twelve months EPS of kr0.75.

PE Ratio

REC SILICON has a trailing twelve months price to earnings ratio of 15.15. Meaning, the purchaser of the share is investing kr15.15 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 44.59%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

REC SILICON’s EBITDA is 47.98.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 49.4% and 66.7%, respectively.

Sales Growth

REC SILICON’s sales growth is 137.4% for the ongoing quarter and 161.7% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 28.2%, now sitting on 141.1M for the twelve trailing months.

More news about REC SILICON.

2. AIRBUS (AIR.PA)

30.3% sales growth and 35.7% return on equity

Airbus SE, together with its subsidiaries, 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, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment develops, manufactures, markets, and sells civil and military helicopters; and provides helicopter-related services. The Airbus Defence and Space segment designs, develops, delivers, and supports military air systems and related services. This segment also offers civil and defence space systems for telecommunications, earth observations, navigation, and science and orbital systems; missile and space launcher systems; and 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 headquartered in Leiden, the Netherlands.

Earnings Per Share

As for profitability, AIRBUS has a trailing twelve months EPS of €4.8.

PE Ratio

AIRBUS has a trailing twelve months price to earnings ratio of 34.1. Meaning, the purchaser of the share is investing €34.1 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 35.7%.

Sales Growth

AIRBUS’s sales growth is 7.7% for the ongoing quarter and 30.3% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.9%, now sitting on 63.2B for the twelve trailing months.

Yearly Top and Bottom Value

AIRBUS’s stock is valued at €163.70 at 17:20 EST, way above its 52-week high of €143.98.

More news about AIRBUS.

3. JÆREN SPAREBANK (JAREN.OL)

18.9% sales growth and 9.92% return on equity

Jæren Sparebank provides various financial products and services to individuals and businesses in Norway. It offers savings accounts, house savings, trusts savings, and pension accounts. The company also provides vehicle loans, mortgages, personal loans, and refinancing services; and bank guarantees, construction loans, overdrafts, leasing, and business loans. In addition, it offers car, personal, animal, health, home, private, business, employee, and agricultural insurance products, as well as online and mobile banking, credit and debit cards, payment solutions, digital identification, and asset management services. The company is headquartered in Bryne, Norway.

Earnings Per Share

As for profitability, JÆREN SPAREBANK has a trailing twelve months EPS of kr22.9.

PE Ratio

JÆREN SPAREBANK has a trailing twelve months price to earnings ratio of 11.7. Meaning, the purchaser of the share is investing kr11.7 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 9.92%.

Moving Average

JÆREN SPAREBANK’s worth is below its 50-day moving average of kr273.44 and above its 200-day moving average of kr258.29.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 5, 2024, the estimated forward annual dividend rate is 16 and the estimated forward annual dividend yield is 5.95%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 28.7% and 5.7%, respectively.

More news about JÆREN SPAREBANK.

4. SPBK1 NORD-NORGE (NONG.OL)

18.4% sales growth and 15.39% return on equity

SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market and Corporate Market segments. The company offers mortgage, car, boat, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers accounting services, real estate brokerage, and leasing/sale-leaseback financing, internet banking, and mobile services. SpareBank 1 Nord-Norge was founded in 1836 and is headquartered in Tromsø, Norway.

Earnings Per Share

As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr11.52.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.57. Meaning, the purchaser of the share is investing kr8.57 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 15.39%.

More news about SPBK1 NORD-NORGE.

5. GRAM CAR CARRIERS (GCC.OL)

16.3% sales growth and 35.2% return on equity

Gram Car Carriers ASA, through its subsidiaries, operates as a tonnage supplier worldwide. The company invests in and operates assets in the pure car and truck carrier shipping segment. It also offers commercial management services for the 19 owned carriers and 1 vessel managed by third party. The company was founded in 2006 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, GRAM CAR CARRIERS has a trailing twelve months EPS of kr23.27.

PE Ratio

GRAM CAR CARRIERS has a trailing twelve months price to earnings ratio of 9.02. Meaning, the purchaser of the share is investing kr9.02 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 35.2%.

Yearly Top and Bottom Value

GRAM CAR CARRIERS’s stock is valued at kr210.00 at 17:20 EST, way below its 52-week high of kr248.50 and way higher than its 52-week low of kr141.40.

Moving Average

GRAM CAR CARRIERS’s value is under its 50-day moving average of kr212.30 and above its 200-day moving average of kr195.42.

Volume

Today’s last reported volume for GRAM CAR CARRIERS is 14148 which is 65.9% below its average volume of 41492.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 12, 2024, the estimated forward annual dividend rate is 24.8 and the estimated forward annual dividend yield is 11.95%.

More news about GRAM CAR CARRIERS.

6. TECHNIP ENERGIES (TE.PA)

8.6% sales growth and 18.64% return on equity

Technip Energies N.V., together with its subsidiaries, operates as an engineering and technology company for the energy transition in Europe, Russia, the Asia Pacific, Africa, the Middle East, and the Americas. The company operates in two segments, Projects Delivery; and Technology, and Products and Services. It is involved in the engineering, procurement, construction management, commissioning, and transport and installation of various energy projects. The company also engages in the study, engineering, procurement, construction, and project management of various onshore and offshore facilities related to gas monetization, ethylene, hydrogen, refining, and chemical processing from biofuels and hydrocarbons. In addition, it develops, designs, commercializes, and integrates a range of technologies in gas monetization, refining, petrochemicals and fertilizers, hydrogen, and sustainable chemistry; provides land and marine-based loading and transfer systems services to the oil and gas, petrochemical, chemical, and decarbonization industries; and offers a range of project management consulting services to the energy industry. Further, the company offers robotics, visual intelligence, and surveillance solutions, as well NDT services; operations and maintenance consulting. Additionally, it provides Capture.Now, a set of decarbonization solutions; Canopy, an integrated suite of post-combustion carbon capture solutions; heat transfer technologies and products; INO15, a floating offshore wind solutions; SnapLNG, an electrified low-carbon LNG solution, as well as advisory and digital services. Technip Energies N.V. was incorporated in 2019 and is headquartered in Nanterre, France.

Earnings Per Share

As for profitability, TECHNIP ENERGIES has a trailing twelve months EPS of €1.64.

PE Ratio

TECHNIP ENERGIES has a trailing twelve months price to earnings ratio of 14.27. Meaning, the purchaser of the share is investing €14.27 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 18.64%.

Volume

Today’s last reported volume for TECHNIP ENERGIES is 385540 which is 8.76% below its average volume of 422573.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 6.7% and 92%, respectively.

Moving Average

TECHNIP ENERGIES’s value is higher than its 50-day moving average of €21.45 and higher than its 200-day moving average of €21.37.

More news about TECHNIP ENERGIES.

7. VISTIN PHARMA (VISTN.OL)

6.6% sales growth and 15.31% return on equity

Vistin Pharma ASA, through its subsidiary, Vistin Pharma AS, produces and sells active pharmaceutical ingredients (APIs) worldwide. It offers metformin HCl APIs and direct compressive granulates for the pharmaceutical industry. The company was founded in 1969 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, VISTIN PHARMA has a trailing twelve months EPS of kr1.

PE Ratio

VISTIN PHARMA has a trailing twelve months price to earnings ratio of 23. Meaning, the purchaser of the share is investing kr23 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 15.31%.

More news about VISTIN PHARMA.

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