(VIANEWS) – MAGNORA (MGN.OL), GREENVOLT (GVOLT.LS), 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. MAGNORA (MGN.OL)
965.7% sales growth and 10.56% return on equity
Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MAGNORA has a trailing twelve months EPS of kr0.74.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 39.26. Meaning, the purchaser of the share is investing kr39.26 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 10.56%.
Moving Average
MAGNORA’s value is way above its 50-day moving average of kr25.49 and way above its 200-day moving average of kr23.35.
Sales Growth
MAGNORA’s sales growth for the next quarter is 965.7%.
Yearly Top and Bottom Value
MAGNORA’s stock is valued at kr29.05 at 12:20 EST, under its 52-week high of kr31.20 and way higher than its 52-week low of kr17.22.
More news about MAGNORA.
2. GREENVOLT (GVOLT.LS)
347.9% sales growth and 6.25% return on equity
Greenvolt – Energias Renováveis, S.A. operates in the renewable energy sector in Portugal, the United Kingdom, and internationally. The company operates through Residual Biomass; Development of Wind and Solar Utility-Scale; and Distributed Generation segments. It is involved in operation and development of biomass plants, as well as development of wind and solar photovoltaic plants in the European markets. The company was formerly known as Bioelétrica da Foz, S.A. and changed its name to Greenvolt – Energias Renováveis, S.A. Greenvolt – Energias Renováveis, S.A. was incorporated in 2002 and is headquartered in Porto, Portugal.
Earnings Per Share
As for profitability, GREENVOLT has a trailing twelve months EPS of €0.13.
PE Ratio
GREENVOLT has a trailing twelve months price to earnings ratio of 49.58. Meaning, the purchaser of the share is investing €49.58 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 6.25%.
Yearly Top and Bottom Value
GREENVOLT’s stock is valued at €6.45 at 12:20 EST, way below its 52-week high of €10.92 and higher than its 52-week low of €5.93.
Moving Average
GREENVOLT’s value is above its 50-day moving average of €6.40 and way under its 200-day moving average of €7.70.
Sales Growth
GREENVOLT’s sales growth is 269.3% for the current quarter and 347.9% for the next.
Volume
Today’s last reported volume for GREENVOLT is 384627 which is 6.87% below its average volume of 413034.
More news about GREENVOLT.
3. SPAREBANKEN ØST (SPOG.OL)
27.1% sales growth and 7.22% 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; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. It also distributes insurance, fund shares, interest rate hedging, and currency, 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 kr5.03.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.42. Meaning, the purchaser of the share is investing kr9.42 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 7.22%.
More news about SPAREBANKEN ØST.
4. SPAREBANK 1 SØRØ (SOON.OL)
19% sales growth and 10.73% return on equity
SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers mobile and online banking, card, account, and payment services. It also provides mortgage, car, boat, consumer, and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services. In addition, the company offers daily operations, get paid, loans and financing, and pension related products. Further, it provides business and personnel insurance as well as savings and investment products. The company was founded in 1859 and is headquartered in Sandefjord, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SØRØ has a trailing twelve months EPS of kr4.79.
PE Ratio
SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 10.44. Meaning, the purchaser of the share is investing kr10.44 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 10.73%.
Sales Growth
SPAREBANK 1 SØRØ’s sales growth for the next quarter is 19%.
Moving Average
SPAREBANK 1 SØRØ’s worth is below its 50-day moving average of kr51.09 and under its 200-day moving average of kr52.58.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 40.9% and 37.3%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 39.5%, now sitting on 2.79B for the twelve trailing months.
More news about SPAREBANK 1 SØRØ.
5. LERØY SEAFOOD GP (LSG.OL)
10.7% sales growth and 15.65% return on equity
Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products worldwide. It operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales and Distribution. The company offers smoked and gravad salmon, and trout products; farmed and wild catch whole fishes; fillets and portions; ready-to-eat and ready-to-cook products; fish blocks and cubes; breaded products; pre-fried fish burgers and patties; crustaceans and molluscs; seaweeds; and other products. Lerøy Seafood Group ASA markets its products primarily under the Norway Seafoods, Arctic Supreme, Fjord trout, Aurora Salmon, Fossen, Sea Eagle, Lerøy, and M?r brands to shops, restaurants, canteens, and hotels. The company was founded in 1899 and is headquartered in Bergen, Norway. Lerøy Seafood Group ASA is a subsidiary of Austevoll Seafood ASA.
Earnings Per Share
As for profitability, LERØY SEAFOOD GP has a trailing twelve months EPS of kr5.17.
PE Ratio
LERØY SEAFOOD GP has a trailing twelve months price to earnings ratio of 8.19. Meaning, the purchaser of the share is investing kr8.19 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 15.65%.
Yearly Top and Bottom Value
LERØY SEAFOOD GP’s stock is valued at kr42.36 at 12:20 EST, way under its 52-week high of kr76.40 and way higher than its 52-week low of kr38.40.
Earnings Before Interest, Taxes, Depreciation, and Amortization
LERØY SEAFOOD GP’s EBITDA is 1.14.
Revenue Growth
Year-on-year quarterly revenue growth grew by 26.2%, now sitting on 28.09B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 4.8% and 8.1%, respectively.
More news about LERØY SEAFOOD GP.
