AMSC And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – AMSC (AMSC.OL), SPBK1 NORD-NORGE (NONG.OL), SPAREBANK 1 SR-BK (SRBNK.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, operates as a ship owning and lease finance company in the United States. The company purchases and bareboat charters out vessels to operators and end users. It operates a fleet of nine product tankers, one shuttle tanker, and one 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 founded in 2005 and is headquartered in Lysaker, Norway.

Earnings Per Share

As for profitability, AMSC has a trailing twelve months EPS of kr4.31.

PE Ratio

AMSC has a trailing twelve months price to earnings ratio of 5.97. Meaning, the purchaser of the share is investing kr5.97 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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AMSC’s EBITDA is 465.79.

More news about AMSC.

2. SPBK1 NORD-NORGE (NONG.OL)

25.8% sales growth and 15.3% return on equity

SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.

Earnings Per Share

As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr10.98.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 9.23. Meaning, the purchaser of the share is investing kr9.23 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 15.3%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 5.6% and positive 39.4% for the next.

Moving Average

SPBK1 NORD-NORGE’s worth is below its 50-day moving average of kr102.45 and higher than its 200-day moving average of kr97.13.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 6.88%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17.2%, now sitting on 5.18B for the twelve trailing months.

More news about SPBK1 NORD-NORGE.

3. SPAREBANK 1 SR-BK (SRBNK.OL)

22% sales growth and 14.33% return on equity

SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company operates through Retail customers, SME & Agriculture, and Large Corporates segments. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, advisory, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr16.27.

PE Ratio

SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 7.97. Meaning, the purchaser of the share is investing kr7.97 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 14.33%.

Yearly Top and Bottom Value

SPAREBANK 1 SR-BK’s stock is valued at kr129.70 at 21:20 EST, below its 52-week high of kr132.50 and way higher than its 52-week low of kr108.40.

Volume

Today’s last reported volume for SPAREBANK 1 SR-BK is 27900 which is 78.58% below its average volume of 130309.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 19, 2024, the estimated forward annual dividend rate is 7.5 and the estimated forward annual dividend yield is 5.79%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 38.9%, now sitting on 8.98B for the twelve trailing months.

More news about SPAREBANK 1 SR-BK.

4. SPAREBANKEN SØR (SOR.OL)

15.5% sales growth and 10.9% return on equity

Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.

Earnings Per Share

As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr17.19.

PE Ratio

SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 8.32. Meaning, the purchaser of the share is investing kr8.32 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 10.9%.

Volume

Today’s last reported volume for SPAREBANKEN SØR is 2760 which is 91.6% below its average volume of 32877.

More news about SPAREBANKEN SØR.

5. SALMAR (SALM.OL)

15.3% sales growth and 11.62% return on equity

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities. In addition, the company offers fish fillets and related products. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.

Earnings Per Share

As for profitability, SALMAR has a trailing twelve months EPS of kr6.53.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 106.22. Meaning, the purchaser of the share is investing kr106.22 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 11.62%.

Moving Average

SALMAR’s value is way above its 50-day moving average of kr597.84 and way above its 200-day moving average of kr531.81.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 61.7% and 364.8%, respectively.

Volume

Today’s last reported volume for SALMAR is 83051 which is 52.22% below its average volume of 173830.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 9, 2023, the estimated forward annual dividend rate is 20 and the estimated forward annual dividend yield is 2.94%.

More news about SALMAR.

6. VISTIN PHARMA (VISTN.OL)

6.6% sales growth and 16.03% return on equity

Vistin Pharma ASA, through its subsidiary, Vistin Pharma AS, produces and sells active pharmaceutical ingredients (APIs) worldwide. It offers metformin HCl APIs and direct compressive granulates for the pharmaceutical industry. The company was founded in 1969 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, VISTIN PHARMA has a trailing twelve months EPS of kr1.

PE Ratio

VISTIN PHARMA has a trailing twelve months price to earnings ratio of 22.9. Meaning, the purchaser of the share is investing kr22.9 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 16.03%.

More news about VISTIN PHARMA.

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