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

(VIANEWS) – OKEANIS ECO TANKER (OET.OL), NORWEGIAN AIR SHUT (NAS.OL), SPBK 1 ØSTLANDET (SPOL.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 kr39.71.

PE Ratio

OKEANIS ECO TANKER has a trailing twelve months price to earnings ratio of 9.22. Meaning, the purchaser of the share is investing kr9.22 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 24806 which is 46.19% below its average volume of 46104.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 20, 2024, the estimated forward annual dividend rate is 37.2 and the estimated forward annual dividend yield is 10.8%.

Moving Average

OKEANIS ECO TANKER’s worth is way above its 50-day moving average of kr331.90 and way higher than its 200-day moving average of kr324.33.

More news about OKEANIS ECO TANKER.

2. 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 7.69. Meaning, the purchaser of the share is investing kr7.69 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 value is way higher than its 50-day moving average of kr11.03 and below its 200-day moving average of kr13.44.

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.

Volume

Today’s last reported volume for NORWEGIAN AIR SHUT is 2824390 which is 63.5% below its average volume of 7739700.

More news about NORWEGIAN AIR SHUT.

3. 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 9.4. Meaning, the purchaser of the share is investing kr9.4 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 20%, now sitting on 5.59B for the twelve trailing months.

More news about SPBK 1 ØSTLANDET.

4. BOUVET (BOUV.OL)

9.7% sales growth and 60.9% return on equity

Bouvet ASA provides IT and digital communication consultancy services for public and private sector companies in Norway, Sweden, and internationally. The company was incorporated in 1995 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, BOUVET has a trailing twelve months EPS of kr3.48.

PE Ratio

BOUVET has a trailing twelve months price to earnings ratio of 19.71. Meaning, the purchaser of the share is investing kr19.71 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 60.9%.

Sales Growth

BOUVET’s sales growth is 12.3% for the present quarter and 9.7% for the next.

More news about BOUVET.

Leave a Reply

Your email address will not be published.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