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

(VIANEWS) – KITRON (KIT.OL), PGS (PGS.OL), NORWEGIAN AIR SHUT (NAS.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. KITRON (KIT.OL)

1046.9% sales growth and 22.67% return on equity

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States. It manufactures and sells electronics that are embedded in the customer's own products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high-level assembly lines, and environmental durability testing. Its services comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance, as well as logistics and distribution, and product deployment services. The company markets its services to connectivity, electrification, industry, medical devices, and defence/aerospace sectors. Kitron ASA was incorporated in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr2.22.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 15.72. Meaning, the purchaser of the share is investing kr15.72 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 22.67%.

Yearly Top and Bottom Value

KITRON’s stock is valued at kr34.90 at 12:20 EST, way below its 52-week high of kr40.54 and way above its 52-week low of kr27.32.

Volume

Today’s last reported volume for KITRON is 83281 which is 80.52% below its average volume of 427582.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 26, 2024, the estimated forward annual dividend rate is 0.75 and the estimated forward annual dividend yield is 2.12%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 860% and 1100%, respectively.

More news about KITRON.

2. PGS (PGS.OL)

51.4% sales growth and 8.65% return on equity

Earnings Per Share

As for profitability, PGS has a trailing twelve months EPS of kr0.42.

PE Ratio

PGS has a trailing twelve months price to earnings ratio of 21.48. Meaning, the purchaser of the share is investing kr21.48 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 8.65%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 51.8%, now sitting on 795.6M for the twelve trailing months.

Sales Growth

PGS’s sales growth is 34.3% for the ongoing quarter and 51.4% for the next.

More news about PGS.

3. 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 6.69. Meaning, the purchaser of the share is investing kr6.69 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%.

Moving Average

NORWEGIAN AIR SHUT’s worth is under its 50-day moving average of kr11.65 and way below its 200-day moving average of kr13.27.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 2.8% and a negative 92.3%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 37.3%, now sitting on 30.07B for the twelve trailing months.

Volume

Today’s last reported volume for NORWEGIAN AIR SHUT is 1802830 which is 79.36% below its average volume of 8736890.

More news about NORWEGIAN AIR SHUT.

4. 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 kr38.3.

PE Ratio

SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 9.01. Meaning, the purchaser of the share is investing kr9.01 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%.

Moving Average

SPBK1 ØSTFOLD AKE’s worth is higher than its 50-day moving average of kr335.31 and higher than its 200-day moving average of kr327.11.

Volume

Today’s last reported volume for SPBK1 ØSTFOLD AKE is 28 which is 98.47% below its average volume of 1837.

Yearly Top and Bottom Value

SPBK1 ØSTFOLD AKE’s stock is valued at kr345.00 at 12:20 EST, above its 52-week high of kr343.00.

More news about SPBK1 ØSTFOLD AKE.

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