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

(VIANEWS) – MAGNORA (MGN.OL), OKEA (OKEA.OL), VERALLIA (VRLA.PA) 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)

210.1% sales growth and 52.28% 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 kr3.95.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 8.35. Meaning, the purchaser of the share is investing kr8.35 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 52.28%.

More news about MAGNORA.

2. OKEA (OKEA.OL)

66.5% sales growth and 32.98% return on equity

OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company holds 44.56% interests in Draugen, 12% interests in Gjøa, 9.2385% interests in Ivar Aasen, 6% interests in Nova, and 15% interests in Yme assets. OKEA ASA was incorporated in 2015 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, OKEA has a trailing twelve months EPS of kr6.27.

PE Ratio

OKEA has a trailing twelve months price to earnings ratio of 4.24. Meaning, the purchaser of the share is investing kr4.24 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 32.98%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 57.6% and positive 19.6% for the next.

Sales Growth

OKEA’s sales growth is 25% for the ongoing quarter and 66.5% for the next.

Volume

Today’s last reported volume for OKEA is 3099840 which is 476.58% above its average volume of 537620.

Yearly Top and Bottom Value

OKEA’s stock is valued at kr26.60 at 06:20 EST, way below its 52-week high of kr41.36 and higher than its 52-week low of kr24.50.

More news about OKEA.

3. VERALLIA (VRLA.PA)

19.7% sales growth and 44.03% return on equity

Verallia Société Anonyme produces and sells glass packaging products for beverages and food industry worldwide. It also 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 €4.08.

PE Ratio

VERALLIA has a trailing twelve months price to earnings ratio of 8.54. Meaning, the purchaser of the share is investing €8.54 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 44.03%.

Volume

Today’s last reported volume for VERALLIA is 52838 which is 64.86% below its average volume of 150374.

Yearly Top and Bottom Value

VERALLIA’s stock is valued at €34.86 at 06:20 EST, way under its 52-week high of €44.86 and way higher than its 52-week low of €26.58.

More news about VERALLIA.

4. AKER SOLUTIONS (AKSO.OL)

16.8% sales growth and 17.09% return on equity

Aker Solutions ASA provides solutions, products, systems, and services to the oil and gas industry worldwide. It offers field planning, feasibility, and concept studies; specialist engineering, project management, and procurement services; floater designs, offshore wind, as well as engages in design, delivery, and construction of deep-water risers, oil, and gas production, and receiving and processing facilities. In addition, the company provides offshore fish farming, carbon capture, utilization and storage, hydrogen, and offshore wind solutions. Further, the company designs and constructs jackets for construction services and offers electrification services; and designs and constructs offshore oil and gas production facilities and onshore receiving and processing facilities. Additionally, the company provides subsea production, compression, pump, power distribution, and processing systems, and subsea lifecycle services. Furthermore, the company offers maintenance, modifications, decommissioning, asset integrity management, hook-up, and completion solutions. Aker Solutions ASA was founded in 1841 and is headquartered in Fornebu, Norway.

Earnings Per Share

As for profitability, AKER SOLUTIONS has a trailing twelve months EPS of kr3.41.

PE Ratio

AKER SOLUTIONS has a trailing twelve months price to earnings ratio of 12.32. Meaning, the purchaser of the share is investing kr12.32 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 17.09%.

Moving Average

AKER SOLUTIONS’s worth is under its 50-day moving average of kr42.31 and higher than its 200-day moving average of kr39.19.

Revenue Growth

Year-on-year quarterly revenue growth grew by 34.4%, now sitting on 48.05B for the twelve trailing months.

Volume

Today’s last reported volume for AKER SOLUTIONS is 247327 which is 68.29% below its average volume of 780127.

Sales Growth

AKER SOLUTIONS’s sales growth for the next quarter is 16.8%.

More news about AKER SOLUTIONS.

5. SCHLUMBERGER (SLB.PA)

10.8% sales growth and 22.62% return on equity

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Earnings Per Share

As for profitability, SCHLUMBERGER has a trailing twelve months EPS of €2.6.

PE Ratio

SCHLUMBERGER has a trailing twelve months price to earnings ratio of 18.09. Meaning, the purchaser of the share is investing €18.09 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 22.62%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Dec 5, 2023, the estimated forward annual dividend rate is 0.93 and the estimated forward annual dividend yield is 1.97%.

More news about SCHLUMBERGER.

6. AXACTOR (ACR.OL)

5.2% sales growth and 9.72% return on equity

Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain. It operates through two segments: Non-performing Loans and Third-Party Collection. The Non-performing Loans segment invests in portfolios of non-performing loans collected through amicable or legal proceedings. The Third-Party Collection segment provides debt collection services on behalf of third-party clients, which applies amicable and legal proceedings to collect the non-performing loans. This segment is also involved in helping creditors to prepare documentation for future legal proceedings against debtors; and handling of invoices between the invoice date and the default date and sending out reminders. Axactor ASA was incorporated in 1982 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, AXACTOR has a trailing twelve months EPS of kr1.49.

PE Ratio

AXACTOR has a trailing twelve months price to earnings ratio of 3.41. Meaning, the purchaser of the share is investing kr3.41 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 9.72%.

Sales Growth

AXACTOR’s sales growth is 21.2% for the ongoing quarter and 5.2% for the next.

Moving Average

AXACTOR’s worth is under its 50-day moving average of kr5.43 and way below its 200-day moving average of kr5.94.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AXACTOR’s EBITDA is 989.79.

More news about AXACTOR.

Leave a Reply

Your email address will not be published. Required fields are marked *