SPAREBANKEN ØST And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), VOSS VEKSEL OGLAND (VVL.OL), ZALARIS (ZAL.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)

18.5% sales growth and 10.59% 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 accounts; 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 kr8.06.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 6.92. Meaning, the purchaser of the share is investing kr6.92 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 10.59%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 30.2%, now sitting on 975M for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 17.6% and 1.3%, respectively.

Yearly Top and Bottom Value

SPAREBANKEN ØST’s stock is valued at kr55.80 at 22:20 EST, below its 52-week high of kr58.40 and way higher than its 52-week low of kr45.70.

More news about SPAREBANKEN ØST.

2. VOSS VEKSEL OGLAND (VVL.OL)

17.5% sales growth and 10.95% 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 kr36.21.

PE Ratio

VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 7.18. Meaning, the purchaser of the share is investing kr7.18 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 10.95%.

Moving Average

VOSS VEKSEL OGLAND’s worth is higher than its 50-day moving average of kr254.16 and way higher than its 200-day moving average of kr230.71.

Yearly Top and Bottom Value

VOSS VEKSEL OGLAND’s stock is valued at kr260.00 at 22:20 EST, below its 52-week high of kr268.00 and way higher than its 52-week low of kr210.00.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17%, now sitting on 171.25M for the twelve trailing months.

More news about VOSS VEKSEL OGLAND.

3. ZALARIS (ZAL.OL)

11.7% sales growth and 17.45% return on equity

Zalaris ASA provides full-service outsourced personnel and payroll services. It operates in two segments, Managed Services and Professional Services. The company offers a range of payroll and human resource (HR) outsourcing services, including payroll processing, time and attendance, and travel expenses, as well as cloud-based HR functionality services comprising talent management, digital personnel archive, HR analytics, mobile solutions, etc. It also engages in the implementation of SAP HCM, and Payroll and SuccessFactors; and provides consulting services. The company serves bank, insurance and financial services, health and life science, infrastructure and transportation, IT, technology and telecom, offshore and energy, products and industrials, retail, and service industries, as well as public services and other institutions. It operates in Norway, Sweden, Denmark, Germany, Finland, the United Kingdom, Latvia, Poland, Australia, and internationally. The company was formerly known as Zalaris HR Services AS and changed its name to Zalaris ASA in May 2014. Zalaris ASA was incorporated in 2000 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, ZALARIS has a trailing twelve months EPS of kr1.54.

PE Ratio

ZALARIS has a trailing twelve months price to earnings ratio of 48.18. Meaning, the purchaser of the share is investing kr48.18 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 17.45%.

Yearly Top and Bottom Value

ZALARIS’s stock is valued at kr74.20 at 22:20 EST, below its 52-week high of kr78.00 and way higher than its 52-week low of kr36.00.

Sales Growth

ZALARIS’s sales growth is 7.7% for the present quarter and 11.7% for the next.

Volume

Today’s last reported volume for ZALARIS is 1588 which is 81.44% below its average volume of 8557.

Moving Average

ZALARIS’s worth is higher than its 50-day moving average of kr70.77 and way above its 200-day moving average of kr51.73.

More news about ZALARIS.

4. SATS (SATS.OL)

6.6% 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 14.98. Meaning, the purchaser of the share is investing kr14.98 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%.

Yearly Top and Bottom Value

SATS’s stock is valued at kr17.38 at 22:20 EST, way below its 52-week high of kr19.70 and way higher than its 52-week low of kr9.80.

More news about SATS.

5. SKUE SPAREBANK (SKUE.OL)

6% sales growth and 10.19% return on equity

Skue Sparebank provides various banking products and services for individual and business in Norway. The company offers operating, tax deduction, capital, client, deposit, and group accounts; business, construction, consumer, car, other vehicle, and small loans, as well as mortgage, bank guarantee, factoring, overdraft, and leasing services; and home and leisure, car and other vehicles, animal, company and employees, agriculture insurance products. It also provides savings and pension products; and online and mobile banking, bank card, and payment services. The company was formerly known as Nes Prestegjelds Sparebank and changed its name to Skue Sparebank in October 2013. Skue Sparebank was founded in 1842 and is based in Geilo, Norway.

Earnings Per Share

As for profitability, SKUE SPAREBANK has a trailing twelve months EPS of kr100.27.

PE Ratio

SKUE SPAREBANK has a trailing twelve months price to earnings ratio of 2.36. Meaning, the purchaser of the share is investing kr2.36 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 10.19%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 21, 2024, the estimated forward annual dividend rate is 17 and the estimated forward annual dividend yield is 7.3%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 11.3% and positive 0.3% for the next.

More news about SKUE SPAREBANK.

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