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

(VIANEWS) – NORBIT (NORBT.OL), NORSKE SKOG (NSKOG.OL), BW LPG (BWLPG.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. NORBIT (NORBT.OL)

35% sales growth and 21.94% return on equity

Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. Norbit ASA was founded in 1995 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORBIT has a trailing twelve months EPS of kr2.77.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 32.42. Meaning, the purchaser of the share is investing kr32.42 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 21.94%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 7, 2024, the estimated forward annual dividend rate is 2.55 and the estimated forward annual dividend yield is 3.14%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.4%, now sitting on 1.55B for the twelve trailing months.

Sales Growth

NORBIT’s sales growth is negative 3.5% for the current quarter and 35% for the next.

Moving Average

NORBIT’s value is way above its 50-day moving average of kr79.23 and way higher than its 200-day moving average of kr66.58.

More news about NORBIT.

2. NORSKE SKOG (NSKOG.OL)

32.1% sales growth and 8.63% return on equity

Norske Skog ASA engages in the production and sale of publication and packaging paper products in Norway, rest of Europe, North America, Australasia, Asia, and Africa. It operates in Publication paper Europe, Publication paper Australasia, and Packaging paper segments. The company offers newsprint paper products comprising standard newsprint and other papers; magazine papers, including super calendared and lightweight coated papers; and recycled containerboards. Its products are primarily used in newspapers and magazines, periodicals, catalogues, brochures, advertising materials, inserts/flyers, supplements, free-sheets, directories, direct mail, and books. Norske Skog ASA was founded in 1962 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, NORSKE SKOG has a trailing twelve months EPS of kr5.27.

PE Ratio

NORSKE SKOG has a trailing twelve months price to earnings ratio of 7.23. Meaning, the purchaser of the share is investing kr7.23 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 8.63%.

Sales Growth

NORSKE SKOG’s sales growth for the next quarter is 32.1%.

Yearly Top and Bottom Value

NORSKE SKOG’s stock is valued at kr38.08 at 12:20 EST, way under its 52-week high of kr48.40 and way above its 52-week low of kr32.50.

Revenue Growth

Year-on-year quarterly revenue growth declined by 12.6%, now sitting on 10.77B for the twelve trailing months.

Moving Average

NORSKE SKOG’s worth is below its 50-day moving average of kr40.86 and below its 200-day moving average of kr39.08.

More news about NORSKE SKOG.

3. BW LPG (BWLPG.OL)

31.1% sales growth and 20.16% return on equity

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services. It owns and operates LPG vessels and a fleet of very large gas carriers. The company was formerly known as BW Gas LPG Holding Limited and changed its name to BW LPG Limited in September 2013. BW LPG Limited was founded in 1935 and is headquartered in Singapore.

Earnings Per Share

As for profitability, BW LPG has a trailing twelve months EPS of kr39.13.

PE Ratio

BW LPG has a trailing twelve months price to earnings ratio of 4.07. Meaning, the purchaser of the share is investing kr4.07 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 20.16%.

Moving Average

BW LPG’s value is way above its 50-day moving average of kr107.92 and way above its 200-day moving average of kr90.51.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 114% and 6%, respectively.

Sales Growth

BW LPG’s sales growth is 20.3% for the ongoing quarter and 31.1% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

BW LPG’s EBITDA is 79.74.

More news about BW LPG.

4. NORWEGIAN AIR SHUT (NAS.OL)

27.8% sales growth and 37.41% return on equity

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. It operates a fleet of 87 aircrafts. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway.

Earnings Per Share

As for profitability, NORWEGIAN AIR SHUT has a trailing twelve months EPS of kr1.59.

PE Ratio

NORWEGIAN AIR SHUT has a trailing twelve months price to earnings ratio of 6.47. Meaning, the purchaser of the share is investing kr6.47 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 37.41%.

Yearly Top and Bottom Value

NORWEGIAN AIR SHUT’s stock is valued at kr10.30 at 12:20 EST, way under its 52-week high of kr18.40 and way above its 52-week low of kr7.69.

More news about NORWEGIAN AIR SHUT.

5. PROTECTOR FORSIKRG (PROT.OL)

8.1% sales growth and 31.31% return on equity

Protector Forsikring ASA, operates as a non-life insurance company, provides various insurance products to the commercial and public sectors, and the grouped insurance schemes markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal insurance, including personal and collective accident, critical illness, group life, health, and travel insurance; motor insurance; property insurance; and liability insurance. It sells its products through insurance brokers and agents. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr16.55.

PE Ratio

PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 13.32. Meaning, the purchaser of the share is investing kr13.32 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 31.31%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 32.4%, now sitting on 11.18B for the twelve trailing months.

Moving Average

PROTECTOR FORSIKRG’s value is below its 50-day moving average of kr236.81 and higher than its 200-day moving average of kr214.99.

Volume

Today’s last reported volume for PROTECTOR FORSIKRG is 44975 which is 44.82% below its average volume of 81517.

Sales Growth

PROTECTOR FORSIKRG’s sales growth is 18.1% for the present quarter and 8.1% for the next.

More news about PROTECTOR FORSIKRG.

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