OKEANIS ECO TANKER And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – OKEANIS ECO TANKER (OET.OL), NORBIT (NORBT.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. OKEANIS ECO TANKER (OET.OL)

1384.1% sales growth and 28.08% return on equity

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.

Earnings Per Share

As for profitability, OKEANIS ECO TANKER has a trailing twelve months EPS of kr39.56.

PE Ratio

OKEANIS ECO TANKER has a trailing twelve months price to earnings ratio of 8.29. Meaning, the purchaser of the share is investing kr8.29 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 28.08%.

Volume

Today’s last reported volume for OKEANIS ECO TANKER is 43553 which is 0.19% below its average volume of 43639.

More news about OKEANIS ECO TANKER.

2. NORBIT (NORBT.OL)

35% sales growth and 22.97% 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 33.72. Meaning, the purchaser of the share is investing kr33.72 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 22.97%.

Yearly Top and Bottom Value

NORBIT’s stock is valued at kr93.40 at 02:20 EST, under its 52-week high of kr94.40 and way higher than its 52-week low of kr48.00.

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 2.71%.

Sales Growth

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

Moving Average

NORBIT’s worth is way above its 50-day moving average of kr82.81 and way above its 200-day moving average of kr68.30.

More news about NORBIT.

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 6.91. Meaning, the purchaser of the share is investing kr6.91 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%.

More news about NORWEGIAN AIR SHUT.

4. SPBK 1 ØSTLANDET (SPOL.OL)

21% sales growth and 12.35% return on equity

SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company operates through Retail, Corporate, and Organisation Market and Capital Market segments. The Retail segment provides financial services comprising of savings, money transfer, insurance, accident prevention, financing, money transfer, capital, and investment management services. The Corporate segment offers interest rate, currency hedging, and investment related services, as well as insurance services for property. The Organisation Market and Capital Market segment provides risk based advisory solutions to high-net-worth individuals and corporates, as well as engages in foreign currency services. SpareBank 1 Østlandet was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet operates as a subsidiary of Sparebankstiftelsen Hedmark.

Earnings Per Share

As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr14.95.

PE Ratio

SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 9.69. Meaning, the purchaser of the share is investing kr9.69 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 12.35%.

More news about SPBK 1 ØSTLANDET.

5. 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 kr38.43.

PE Ratio

VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 7.44. Meaning, the purchaser of the share is investing kr7.44 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%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 26, 2024, the estimated forward annual dividend rate is 14.1 and the estimated forward annual dividend yield is 5.34%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 46.9% and 48.5%, respectively.

Yearly Top and Bottom Value

VOSS VEKSEL OGLAND’s stock is valued at kr286.00 at 02:20 EST, above its 52-week high of kr268.00.

Volume

Today’s last reported volume for VOSS VEKSEL OGLAND is 8 which is 96.68% below its average volume of 241.

More news about VOSS VEKSEL OGLAND.

6. SPAREBANK 1 SMN (MING.OL)

14.4% sales growth and 14.9% return on equity

SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, vehicle, green, move, consumer and other loans; refinancing; and placement, group, savings, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; savings and investments; cash services; and payments. In addition, the company offers car, home, personal, animal, vehicle, and travel insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans for car, vehicles, and trailers, bank guarantees, business and construction loans, operating credit for agriculture, factoring, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides documentary collection, letter of credit, forward contracts, and foreign currency account services; and accounting, HR services, taxes and duties, transactional advice, and IT solutions services. It offers money transfer, capital and investment management, advisory, interest rate and currency hedging, and investment of surplus liquidity services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr17.98.

PE Ratio

SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 8.73. Meaning, the purchaser of the share is investing kr8.73 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 14.9%.

Moving Average

SPAREBANK 1 SMN’s value is higher than its 50-day moving average of kr155.45 and higher than its 200-day moving average of kr145.77.

Yearly Top and Bottom Value

SPAREBANK 1 SMN’s stock is valued at kr156.92 at 02:20 EST, under its 52-week high of kr166.68 and way higher than its 52-week low of kr126.60.

More news about SPAREBANK 1 SMN.

7. BAKKAFROST (BAKKA.OL)

11.7% sales growth and 13.83% return on equity

P/F Bakkafrost, together with its subsidiaries, produces and sells salmon products in North America, Western Europe, Eastern Europe, Asia, and internationally. It operates through seven segments: Fishmeal, Fish Oil and Fish Feed; Freshwater FO; Freshwater SCT; Farming FO; Farming SCT; Services; and Sales & Other. The company's products include fresh and frozen whole salmon, fresh and frozen salmon fillets, fresh skin-packed salmon portions, frozen salmon portions and tails, frozen smoked salmon and salmon fillets, frozen salmon bits and pieces, frozen salmon off-cuts and belly flaps, frozen salmon heads, salmon backbones, and salmon skin under the Bakkafrost, 18 ISLANDS, HEIMLAND, BAKKA SALMON, NATIVE HEBRIDEAN, and LOCHLANDER brands. It is also involved in the production and sale of fishmeal, fish oil, and fish feed; production of eggs from breeding self-owned salmon strains; production of smolts; and on-growing of salmon. In addition, the company manages a fleet of farming service vessels; provides fish transportation, treatments, net cleaning, harvesting, freight ans logistical, and heavy marine support services; converts organic waste into biogas, heating, electricity, and fertilizers; produces styrofoam boxes; and optimizes the value creation and retention from the harvested fish. P/F Bakkafrost was founded in 1968 and is headquartered in Glyvrar, Denmark.

Earnings Per Share

As for profitability, BAKKAFROST has a trailing twelve months EPS of kr23.87.

PE Ratio

BAKKAFROST has a trailing twelve months price to earnings ratio of 23.86. Meaning, the purchaser of the share is investing kr23.86 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 13.83%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 8.9% and positive 68.9% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25%, now sitting on 7.54B for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 15.63 and the estimated forward annual dividend yield is 2.69%.

Volume

Today’s last reported volume for BAKKAFROST is 26619 which is 59.48% below its average volume of 65704.

More news about BAKKAFROST.

8. SONAE (SON.LS)

10.5% sales growth and 9.35% return on equity

Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunications businesses. The company operates hypermarkets under the Continente brand; convenience supermarkets under the Continente Modelo and Continente Bom Dia brands; franchised supermarkets under the Meu Super brand; cafeteria under the Bagga brand; healthy food supermarkets and restaurants under the Go Natural brand; book shops and stationery under the Make Notes and Note! brands; health, well-being, and eye care centers under the Well´s brand; and dental and aesthetic medicine clinics under the Dr. Well's brand, as well as provides dog and cat products and services under the ZU brand. It also offers clothing, footwear, and accessories under the MO brand; baby and children clothing, footwear, and accessories, as well as childcare products under the Zippy and Losan brands; and jeans, clothing, and accessories under the Salsa brand. In addition, the company sells consumer electronics and entertainment products under the Worten brand; and mobile telecommunications products under the Worten Mobile brand, as well as develops real estate properties. Further, it offers payments, cards, personal loans, and insurance under the Universo brand; financing online purchases under the Universo Flex brand; and meal vouchers, gifting, and rewarding under the Da cards brand, as well as operates sports retail stores under JD, Sprinter, and Size? brand names. Additionally, the company provides telecommunication services to residential, personal, corporate, and wholesale markets; and investment management activities. It operates in Portugal, Spain, France, the United Kingdom, Germany, Italy, Romania, Brazil, Mexico, the Netherlands, and internationally. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal. Sonae, SGPS, S.A. operates as a subsidiary of Efanor Investimentos SGPS, SA.

Earnings Per Share

As for profitability, SONAE has a trailing twelve months EPS of €0.19.

PE Ratio

SONAE has a trailing twelve months price to earnings ratio of 5.02. Meaning, the purchaser of the share is investing €5.02 for every euro 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 9.35%.

Moving Average

SONAE’s worth is above its 50-day moving average of €0.95 and under its 200-day moving average of €0.97.

Sales Growth

SONAE’s sales growth is 25.6% for the current quarter and 10.5% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SONAE’s EBITDA is 25.98.

More news about SONAE.

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