(VIANEWS) – AMSC (AMSC.OL), SPBK 1 ØSTLANDET (SPOL.OL), SPAREBANKEN ØST (SPOG.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. AMSC (AMSC.OL)
1395% sales growth and 8.21% return on equity
AMSC ASA, through its subsidiaries, invests in maritime assets and companies in the United States. It operates one international subsea construction vessel. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was incorporated in 2005 and is headquartered in Lysaker, Norway.
Earnings Per Share
As for profitability, AMSC has a trailing twelve months EPS of kr2.85.
PE Ratio
AMSC has a trailing twelve months price to earnings ratio of 10.82. Meaning, the purchaser of the share is investing kr10.82 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 8.21%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 75.8% and 46.8%, respectively.
Volume
Today’s last reported volume for AMSC is 46337 which is 46.95% below its average volume of 87355.
Moving Average
AMSC’s worth is way below its 50-day moving average of kr39.16 and way below its 200-day moving average of kr41.54.
More news about AMSC.
2. SPBK 1 ØSTLANDET (SPOL.OL)
21% sales growth and 12.18% 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 kr14.21.
PE Ratio
SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 10.2. Meaning, the purchaser of the share is investing kr10.2 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 12.18%.
Yearly Top and Bottom Value
SPBK 1 ØSTLANDET’s stock is valued at kr145.00 at 22:20 EST, under its 52-week high of kr147.00 and way above its 52-week low of kr120.20.
Moving Average
SPBK 1 ØSTLANDET’s worth is higher than its 50-day moving average of kr137.20 and way higher than its 200-day moving average of kr129.82.
Sales Growth
SPBK 1 ØSTLANDET’s sales growth is 9.4% for the ongoing quarter and 21% for the next.
More news about SPBK 1 ØSTLANDET.
3. SPAREBANKEN ØST (SPOG.OL)
9.6% sales growth and 10.7% return on equity
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; current accounts; home mortgage loans; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, and leisure insurance products, as well as life and health insurance products; and shares and funds trading services. In addition, the company buys, sells, and stores cryptocurrencies, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr8.07.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 6.96. Meaning, the purchaser of the share is investing kr6.96 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 10.7%.
Moving Average
SPAREBANKEN ØST’s worth is higher than its 50-day moving average of kr54.81 and above its 200-day moving average of kr52.37.
Sales Growth
SPAREBANKEN ØST’s sales growth is 22% for the ongoing quarter and 9.6% for the next.
Yearly Top and Bottom Value
SPAREBANKEN ØST’s stock is valued at kr56.20 at 22:20 EST, under its 52-week high of kr58.40 and way above its 52-week low of kr45.70.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 13.1% and 17.2%, respectively.
More news about SPAREBANKEN ØST.
