AKER SOLUTIONS And 2 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – AKER SOLUTIONS (AKSO.OL), SPBK1 NORD-NORGE (NONG.OL), KONGSBERG GRUPPEN (KOG.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. 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 in Norway, the United States, Brazil, the United Kingdom, Malaysia, Angola, Brunei, Canada, India, and internationally. The company operates in two segments, Renewables and Field Development; and Life Cycle. 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 oil and gas production, and receiving and processing facilities. The company also provides offshore fish farming, carbon capture, utilization and storage, hydrogen and derivatives, hydropower, and offshore wind solutions. Further, it 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 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 kr3.06.

PE Ratio

AKER SOLUTIONS has a trailing twelve months price to earnings ratio of 17.14. Meaning, the purchaser of the share is investing kr17.14 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 34.4%, now sitting on 48.05B for the twelve trailing months.

Yearly Top and Bottom Value

AKER SOLUTIONS’s stock is valued at kr52.45 at 22:20 EST, above its 52-week high of kr50.00.

More news about AKER SOLUTIONS.

2. SPBK1 NORD-NORGE (NONG.OL)

16.3% sales growth and 16.21% 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 kr11.42.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 9.48. Meaning, the purchaser of the share is investing kr9.48 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 16.21%.

Yearly Top and Bottom Value

SPBK1 NORD-NORGE’s stock is valued at kr108.30 at 22:20 EST, above its 52-week high of kr106.20.

Volume

Today’s last reported volume for SPBK1 NORD-NORGE is 44884 which is 46.05% below its average volume of 83210.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 50.2% and 33.9%, respectively.

Sales Growth

SPBK1 NORD-NORGE’s sales growth is 20% for the present quarter and 16.3% for the next.

More news about SPBK1 NORD-NORGE.

3. KONGSBERG GRUPPEN (KOG.OL)

10.6% sales growth and 29.09% return on equity

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and South Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.

Earnings Per Share

As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr25.61.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 42.83. Meaning, the purchaser of the share is investing kr42.83 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 29.09%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Oct 9, 2024, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 0.65%.

More news about KONGSBERG GRUPPEN.

Leave a Reply

Your email address will not be published. Required fields are marked *