REACH SUBSEA And 2 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – REACH SUBSEA (REACH.OL), SARTORIUS STED BIO (DIM.PA), SATS (SATS.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)

20% sales growth and 29.96% 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. The company 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 kr0.88.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 7.16. Meaning, the purchaser of the share is investing kr7.16 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 29.96%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 6.04%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 44.8%, now sitting on 2B for the twelve trailing months.

More news about REACH SUBSEA.

2. SARTORIUS STED BIO (DIM.PA)

12.2% sales growth and 8.15% return on equity

Sartorius Stedim Biotech S.A. engages in the production and sale of instruments and consumables for the biopharmaceutical industry worldwide. The company offers various products, such as cell lines; cell culture media; bioreactors; advanced therapies; and a range of products for separation, purification, and concentration processes, as well as products and systems for storage and transportation of intermediate and finished biological products. It also provides cell cultivation, fermentation, separation, purification, and fluid management services; biolayer interferometry instruments; microbiology enumeration, sterility testing, and air monitoring instruments; pipette products; sensors and analyzers; biomolecule analysis tools; flow cytometry; batch and intensified chromatography systems; lab data and fleet management software; live cell imaging and analysis; surface plasmon resonance solutions; and weighing products. In addition, the company offers data analytics software for modeling and optimizing processes of biopharmaceutical development and production; process automation platform and software; and develops and produces transfection, as well as other DNA/RNA delivery reagents and plasmid DNA. It serves manufacturers of medications, vaccines, foods, and chemicals, as well as research and development laboratories. The company was incorporated in 1978 and is headquartered in Aubagne, France. As of December 31, 2023, Sartorius Stedim Biotech S.A. operates as a subsidiary of Sartorius AG.

Earnings Per Share

As for profitability, SARTORIUS STED BIO has a trailing twelve months EPS of €3.36.

PE Ratio

SARTORIUS STED BIO has a trailing twelve months price to earnings ratio of 78.66. Meaning, the purchaser of the share is investing €78.66 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 8.15%.

Sales Growth

SARTORIUS STED BIO’s sales growth for the next quarter is 12.2%.

More news about SARTORIUS STED BIO.

3. SATS (SATS.OL)

5.9% sales growth and 24.17% return on equity

Sats ASA provides fitness and training services in Norway, Sweden, Denmark, and Finland. It offers sportswear, fitness gear, bars, and energy drinks. The company operates fitness clubs under the SATS, ELIXIA, Fresh Fitness, and SATSYoga brand names. Sats ASA was founded in 1995 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, SATS has a trailing twelve months EPS of kr1.16.

PE Ratio

SATS has a trailing twelve months price to earnings ratio of 14.9. Meaning, the purchaser of the share is investing kr14.9 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 24.17%.

Moving Average

SATS’s worth is below its 50-day moving average of kr17.91 and way above its 200-day moving average of kr14.68.

Yearly Top and Bottom Value

SATS’s stock is valued at kr17.28 at 22:20 EST, way under its 52-week high of kr19.70 and way above its 52-week low of kr9.40.

Volume

Today’s last reported volume for SATS is 184326 which is 73.23% below its average volume of 688662.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.7%, now sitting on 4.83B for the twelve trailing months.

More news about SATS.

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