SPBK1 NORD-NORGE And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPBK1 NORD-NORGE (NONG.OL), SPBK1 ØSTFOLD AKE (SOAG.OL), VISTIN PHARMA (VISTN.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. 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 9.47. Meaning, the purchaser of the share is investing kr9.47 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%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 6.66%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6%, now sitting on 5.26B for the twelve trailing months.

Growth Estimates Quarters

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

More news about SPBK1 NORD-NORGE.

2. SPBK1 ØSTFOLD AKE (SOAG.OL)

7.3% sales growth and 12.1% return on equity

SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; operating credit for agriculture; mortgage products; leasing and factoring services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. SpareBank 1 Østfold Akershus was founded in 1835 and is headquartered in Moss, Norway.

Earnings Per Share

As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr39.01.

PE Ratio

SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 9.05. Meaning, the purchaser of the share is investing kr9.05 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 12.1%.

Yearly Top and Bottom Value

SPBK1 ØSTFOLD AKE’s stock is valued at kr353.00 at 12:20 EST, above its 52-week high of kr343.00.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 22, 2024, the estimated forward annual dividend rate is 21.5 and the estimated forward annual dividend yield is 6.27%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 34.7% and 17.7%, respectively.

Volume

Today’s last reported volume for SPBK1 ØSTFOLD AKE is 60 which is 98.85% below its average volume of 5256.

More news about SPBK1 ØSTFOLD AKE.

3. VISTIN PHARMA (VISTN.OL)

6.6% sales growth and 19.84% 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. Vistin Pharma ASA 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 kr1.27.

PE Ratio

VISTIN PHARMA has a trailing twelve months price to earnings ratio of 17.09. Meaning, the purchaser of the share is investing kr17.09 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 19.84%.

Sales Growth

VISTIN PHARMA’s sales growth is 10.6% for the current quarter and 6.6% for the next.

More news about VISTIN PHARMA.

4. AXACTOR (ACR.OL)

5.2% sales growth and 9.72% return on equity

Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain. It operates through two segments: Non-performing Loans and Third-Party Collection. The Non-performing Loans segment invests in portfolios of non-performing loans collected through amicable or legal proceedings. The Third-Party Collection segment provides debt collection services on behalf of third-party clients, which applies amicable and legal proceedings to collect the non-performing loans. This segment is also involved in helping creditors to prepare documentation for future legal proceedings against debtors; and handling of invoices between the invoice date and the default date and sending out reminders. Axactor ASA was incorporated in 1982 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, AXACTOR has a trailing twelve months EPS of kr1.02.

PE Ratio

AXACTOR has a trailing twelve months price to earnings ratio of 3.98. Meaning, the purchaser of the share is investing kr3.98 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 9.72%.

More news about AXACTOR.

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