(VIANEWS) – BASIC-FIT (BFIT.AS), SPAREBANKEN ØST (SPOG.OL), REACH SUBSEA (REACH.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. BASIC-FIT (BFIT.AS)
31.3% sales growth and 4.68% return on equity
Basic-Fit N.V., together with its subsidiaries, engages in the operation of fitness clubs. It operates 1200 clubs under Basic-Fit brand in Netherlands, Belgium, Luxembourg, Germany, France, and Spain. The company was founded in 1984 and is headquartered in Hoofddorp, the Netherlands.
Earnings Per Share
As for profitability, BASIC-FIT has a trailing twelve months EPS of €0.27.
PE Ratio
BASIC-FIT has a trailing twelve months price to earnings ratio of 91.63. Meaning, the purchaser of the share is investing €91.63 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 4.68%.
Sales Growth
BASIC-FIT’s sales growth is 31.3% for the ongoing quarter and 31.3% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 41.1%, now sitting on 940.38M for the twelve trailing months.
Volume
Today’s last reported volume for BASIC-FIT is 83905 which is 30.95% below its average volume of 121526.
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2. SPAREBANKEN ØST (SPOG.OL)
24.5% sales growth and 9.08% 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 kr6.35.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 8.76. Meaning, the purchaser of the share is investing kr8.76 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 9.08%.
Yearly Top and Bottom Value
SPAREBANKEN ØST’s stock is valued at kr55.60 at 16:20 EST, under its 52-week high of kr56.00 and way above its 52-week low of kr43.10.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 22, 2024, the estimated forward annual dividend rate is 5.4 and the estimated forward annual dividend yield is 9.64%.
More news about SPAREBANKEN ØST.
3. REACH SUBSEA (REACH.OL)
20% sales growth and 29.96% return on equity
Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering. It also provides asset integrity/pipeline inspection, and engineering and project management services; reach remote services comprising survey, inspection, and IMR and seabed intervention; seabed survey services consisting of site surveys and geohazard investigation, pipeline inspection, seabed mapping, UXO, general, and route surveys; offshore cable; marine construction; and rig and mooring services. In addition, the company offers geophysical monitoring services, which include 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that comprise earthquake monitoring and prediction, C02 storage, and geothermal energy exploitation. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.
Earnings Per Share
As for profitability, REACH SUBSEA has a trailing twelve months EPS of kr0.63.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 8.6. Meaning, the purchaser of the share is investing kr8.6 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 29.96%.
Volume
Today’s last reported volume for REACH SUBSEA is 136462 which is 48.48% below its average volume of 264872.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 6.64%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
REACH SUBSEA’s EBITDA is 7.17.
Moving Average
REACH SUBSEA’s value is way above its 50-day moving average of kr4.55 and way higher than its 200-day moving average of kr4.31.
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4. SPAREBANKEN VEST (SVEG.OL)
19.7% sales growth and 15.65% return on equity
Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in home mortgage activities. The company was founded in 1823 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN VEST has a trailing twelve months EPS of kr11.5.
PE Ratio
SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 10.16. Meaning, the purchaser of the share is investing kr10.16 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 15.65%.
Moving Average
SPAREBANKEN VEST’s worth is higher than its 50-day moving average of kr111.45 and way above its 200-day moving average of kr105.20.
Sales Growth
SPAREBANKEN VEST’s sales growth for the next quarter is 19.7%.
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5. NEURONES (NRO.PA)
10.5% sales growth and 15.36% return on equity
Neurones S.A., an information technology (IT) services company, provides infrastructure, application, and consulting services in France and internationally. Its infrastructure services include infrastructure management, manages public and private cloud services, IT operations, user support, DevOps, cybersecurity, IT service management, information system governance, and automation. The company also provides application services in the areas of SAP, digital, WEB, mobility, UX/UI, enterprise content and document management, business process management, robotic process automation, dematerialization, IT consulting for finance, big data, and DevOps, IT training and change management, and Innovation connected devices (IOT). In addition, it offers consulting services, including management and digital transformation, and digital marketing consulting; digital transformation services in the areas of agile/scrum, DevOps, CI/CD, cloud, infrastructure as code, cyber security, analytics, big data, mobility, digital workplace, connected devices, innovations, client experience, UX/UI, and digital marketing, as well as internal process digitization, ECM/BPM, RPA, dematerialization, AI, predictive maintenance, machine learning, and blockchain; and managed services/outsourcing services. The company serves banking/insurance, services/consumer goods, energy/utilities/healthcare, technologies/media/telecoms, industry/public works and civil engineering, and public sector markets. Neurones S.A. was founded in 1984 and is based in Nanterre, France.
Earnings Per Share
As for profitability, NEURONES has a trailing twelve months EPS of €1.96.
PE Ratio
NEURONES has a trailing twelve months price to earnings ratio of 22.7. Meaning, the purchaser of the share is investing €22.7 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 15.36%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.7%, now sitting on 706.93M for the twelve trailing months.
More news about NEURONES.
