(VIANEWS) – AMSC (AMSC.OL), ODFJELL DRILLING (ODL.OL), PGS (PGS.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 kr-0.72.
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%.
Sales Growth
AMSC’s sales growth is 1367.3% for the present quarter and 1395% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 5.28 and the estimated forward annual dividend yield is 12.8%.
Yearly Top and Bottom Value
AMSC’s stock is valued at kr33.20 at 12:20 EST, below its 52-week low of kr34.15.
More news about AMSC.
2. ODFJELL DRILLING (ODL.OL)
956.6% sales growth and 18.04% return on equity
Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates through Own Fleet and External Fleet segments. It also offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is headquartered in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Holding Ltd.
Earnings Per Share
As for profitability, ODFJELL DRILLING has a trailing twelve months EPS of kr10.54.
PE Ratio
ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 5.49. Meaning, the purchaser of the share is investing kr5.49 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 18.04%.
Moving Average
ODFJELL DRILLING’s value is higher than its 50-day moving average of kr54.67 and way above its 200-day moving average of kr44.47.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 29.1% and a drop 12.9% for the next.
More news about ODFJELL DRILLING.
3. PGS (PGS.OL)
51.4% sales growth and 8.65% return on equity
PGS ASA, together with its subsidiaries, operates as a marine geophysical company in Norway and internationally. The company provides a range of seismic and reservoir services, including data acquisition, imaging, interpretation, and field evaluation to oil and gas companies, as well as carbon storage and offshore wind markets. The company was formerly known as Petroleum Geo-Services ASA and changed its name to PGS ASA in May 2019. PGS ASA was founded in 1991 and is headquartered in Oslo, Norway.
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%.
Moving Average
PGS’s worth is above its 50-day moving average of kr8.52 and above its 200-day moving average of kr8.26.
More news about PGS.
4. GOODTECH (GOD.OL)
30% sales growth and 11.86% return on equity
Goodtech ASA provides management systems, digitization, and production optimization solutions for industrial and manufacturing companies in Norway, Sweden, Finland, Europe, and internationally. The company provides a range of in-house developed and partner-driven technologies and customized solutions for automation of production, which include construction, installation, service, and maintenance; development, project management, and engineering services; and technology and customized solutions, such as streamlining production, material handling, warehousing, and logistics solutions, as well as packaging machines. It also offers robotic systems for handling, controlling, and logistics of bulk materials under the Portabulk brand; power and electrical, automation, and system integration solutions to industry and power distributors; constructs and rehabilitates transformer stations. In addition, the company provides products and solutions for drinking water and wastewater treatment, and various industrial water. It serves a range of customers within aquaculture, food, pharmacy and health, renewable energy, district heating, oil and gas, power, water treatment, chemical, cable production, automotive, machinery, metal, and mineral industries. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, GOODTECH has a trailing twelve months EPS of kr1.2.
PE Ratio
GOODTECH has a trailing twelve months price to earnings ratio of 11.37. Meaning, the purchaser of the share is investing kr11.37 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 11.86%.
Sales Growth
GOODTECH’s sales growth is 278.6% for the present quarter and 30% for the next.
Yearly Top and Bottom Value
GOODTECH’s stock is valued at kr13.65 at 12:20 EST, under its 52-week high of kr15.00 and way higher than its 52-week low of kr9.44.
Moving Average
GOODTECH’s worth is under its 50-day moving average of kr13.88 and way above its 200-day moving average of kr11.66.
Volume
Today’s last reported volume for GOODTECH is 5850 which is 80.15% below its average volume of 29472.
More news about GOODTECH.
5. SPBK1 NORD-NORGE (NONG.OL)
16.3% sales growth and 16.21% return on equity
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market and Corporate Market segments. The company offers mortgage, car, boat, 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 accounting services, real estate brokerage, and leasing/sale-leaseback financing, internet banking, and mobile services. SpareBank 1 Nord-Norge 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 kr11.42.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.82. Meaning, the purchaser of the share is investing kr8.82 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 16.21%.
Moving Average
SPBK1 NORD-NORGE’s value is above its 50-day moving average of kr98.99 and higher than its 200-day moving average of kr98.82.
Yearly Top and Bottom Value
SPBK1 NORD-NORGE’s stock is valued at kr100.76 at 12:20 EST, under its 52-week high of kr106.20 and higher than its 52-week low of kr91.90.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 20% for the ongoing quarter and 16.3% for the next.
More news about SPBK1 NORD-NORGE.
6. DNB BANK (DNB.OL)
12% sales growth and 15.02% return on equity
DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards. It also provides overdraft facilities; leasing services; factoring, supply chain, and receivable purchase financing services; bank guarantee, secure trading, documentary collection, and letter of credit services; investment banking services, such as mergers and acquisition, equity and debt capital market, shares and securities, mutual funds and trading, and bonds and commodities; and private financing, as well as equity trading, foreign exchange, interest rates, and risk advisory services. In addition, the company offers treasury management, working capital, trade finance, auto lease and equipment financing, and corporate finance services, as well as act as an estate agents. DNB Bank ASA was founded in 1822 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, DNB BANK has a trailing twelve months EPS of kr24.82.
PE Ratio
DNB BANK has a trailing twelve months price to earnings ratio of 8.5. Meaning, the purchaser of the share is investing kr8.5 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 15.02%.
More news about DNB BANK.
7. VERALLIA (VRLA.PA)
6% sales growth and 46.92% return on equity
Verallia Société Anonyme manufactures and sells glass packaging products for beverages and food products worldwide. It provides bottles for still and sparkling wines, spirits, beers, soft drinks, and oils. The company offers jars for baby food, dairy products, jams, honey, spreads, condiments, sauces, and preserves. Verallia Société Anonyme was founded in 1827 and is based in Courbevoie, France.
Earnings Per Share
As for profitability, VERALLIA has a trailing twelve months EPS of €4.01.
PE Ratio
VERALLIA has a trailing twelve months price to earnings ratio of 8.99. Meaning, the purchaser of the share is investing €8.99 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 46.92%.
More news about VERALLIA.
8. SCANA (SCANA.OL)
5.7% sales growth and 18.92% return on equity
Scana ASA engages in the offshore, energy, and maritime businesses in Norway, rest of European countries, America, Asia, Africa, and Oceania. The company offers valve remote control systems and mooring solutions to vessels, rigs, and floating structures serving the shipping, aquaculture, oil and gas, and energy industries. It also engages in the design and integration of electrical power systems, electrical infrastructure, and energy storage systems and control systems. In addition, the company is involved in the planning and execution of insulation, scaffolding, and surface treatment services; and rig, capping, equipment support, make and break, IMR lifecycle, welding, and asset integrity management services to drilling industry, as well as offers riser applications to the oil and gas industry. Scana ASA was formerly known as Incus Investor ASA and changed its name to Scana ASA in May 2020. The company was founded in 1646 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, SCANA has a trailing twelve months EPS of kr0.22.
PE Ratio
SCANA has a trailing twelve months price to earnings ratio of 9.66. Meaning, the purchaser of the share is investing kr9.66 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 18.92%.
Volume
Today’s last reported volume for SCANA is 463867 which is 48% below its average volume of 892193.
Sales Growth
SCANA’s sales growth is 35% for the present quarter and 5.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 35%, now sitting on 1.75B for the twelve trailing months.
Yearly Top and Bottom Value
SCANA’s stock is valued at kr2.13 at 12:20 EST, way below its 52-week high of kr2.59 and way higher than its 52-week low of kr1.82.
More news about SCANA.
