CTT CORREIOS PORT And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – CTT CORREIOS PORT (CTT.LS), SPBK1 NORD-NORGE (NONG.OL), RYANAIR HOLD. PLC (RYA.IR) 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. CTT CORREIOS PORT (CTT.LS)

327.5% sales growth and 22.58% return on equity

CTT – Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; and banking services. It also engages in the business of payments related to collection of invoices and fines. In addition, the company enables the payment of various services and utilities through a network of approximately 5,000 agents covering business outlets as stationery stores, tobacco shops, kiosks, and supermarkets. It operates a retail network of 566 post offices; 1,808 postal agencies; 223 postal delivery offices; 4,576 postal delivery routes; and a fleet of 3,925 vehicles. The company was formerly known as Correio Publico. CTT – Correios De Portugal, S.A. was founded in 1520 and is headquartered in Lisbon, Portugal.

Earnings Per Share

As for profitability, CTT CORREIOS PORT has a trailing twelve months EPS of €0.24.

PE Ratio

CTT CORREIOS PORT has a trailing twelve months price to earnings ratio of 14.52. Meaning, the purchaser of the share is investing €14.52 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 22.58%.

Volume

Today’s last reported volume for CTT CORREIOS PORT is 218431 which is 20.33% below its average volume of 274183.

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2. SPBK1 NORD-NORGE (NONG.OL)

61.3% sales growth and 11.29% 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 kr9.47.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 9.86. Meaning, the purchaser of the share is investing kr9.86 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.29%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 31.2% and 98%, respectively.

Volume

Today’s last reported volume for SPBK1 NORD-NORGE is 71498 which is 55.08% below its average volume of 159197.

Revenue Growth

Year-on-year quarterly revenue growth declined by 7.9%, now sitting on 4B for the twelve trailing months.

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3. RYANAIR HOLD. PLC (RYA.IR)

38.7% sales growth and 24.39% return on equity

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services; in-flight sale of beverages, food, duty-free, and merchandise; and marketing of car hire and accommodation services, and travel insurance through its website and mobile app. In addition, the company offers aircraft and passenger handling, ticketing, and maintenance and repair services; and markets car parking, fast-track, airport transfers, attractions, and activities on its website and mobile app, as well as sells gift vouchers. As of June 30, 2022, it had a principal fleet of approximately 483 Boeing 737 aircrafts and 29 Airbus A320 aircrafts; and offered approximately 3,000 short-haul flights per day serving approximately 225 airports. Ryanair Holdings plc was founded in 1985 and is headquartered in Swords, Ireland.

Earnings Per Share

As for profitability, RYANAIR HOLD. PLC has a trailing twelve months EPS of €1.21.

PE Ratio

RYANAIR HOLD. PLC has a trailing twelve months price to earnings ratio of 13.4. Meaning, the purchaser of the share is investing €13.4 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.39%.

Volume

Today’s last reported volume for RYANAIR HOLD. PLC is 277408 which is 83% below its average volume of 1632690.

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4. KITRON (KIT.OL)

37.1% sales growth and 24.07% return on equity

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally. It manufactures electronics that are embedded in the customers' products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high level assembly lines, and environmental durability testing. Its services also comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance; and logistics and distribution services. The company was incorporated in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr2.17.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 20.81. Meaning, the purchaser of the share is investing kr20.81 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.07%.

Moving Average

KITRON’s worth is way higher than its 50-day moving average of kr36.61 and way above its 200-day moving average of kr26.73.

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5. SPBK1 RINGERIKE (RING.OL)

18.3% sales growth and 9.9% return on equity

SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.

Earnings Per Share

As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr25.79.

PE Ratio

SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 12.8. Meaning, the purchaser of the share is investing kr12.8 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.9%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 28, 2023, the estimated forward annual dividend rate is 13.1 and the estimated forward annual dividend yield is 3.99%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17.4%, now sitting on 931M for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 27.9% and 33.5%, respectively.

More news about SPBK1 RINGERIKE.

6. WEBSTEP (WSTEP.OL)

11.6% sales growth and 11.66% return on equity

Webstep ASA, together with its subsidiaries, provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. The company offers digitalization, cloud migration and integration, Internet of Things, machine learning, IT security, robotics, and analytics. Its services include consulting, digitalization, .Net, Java, open source, full stack, front and back end, user experience, integration, mobility, cloud apps, machine learning, business intelligence, big data, data warehousing, virtual robotics, Devops, application service management, and data science services; and cloud computing, cloud services, integration, sensor technology, product and service development, Beacons, enterprise user experience, web analysis, design team, Amazon Web, Azure, prediction, AI, mobility predictive modelling, predictive modelling, hackathon, business analysis, and search engine optimization services. The company serves banking, finance and insurance, public administration, agriculture and food production, IT and telecommunication, commerce, and transportation industries. The company was founded in 2000 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, WEBSTEP has a trailing twelve months EPS of kr1.42.

PE Ratio

WEBSTEP has a trailing twelve months price to earnings ratio of 21.41. Meaning, the purchaser of the share is investing kr21.41 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.66%.

Moving Average

WEBSTEP’s value is way higher than its 50-day moving average of kr26.69 and higher than its 200-day moving average of kr27.72.

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