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

(VIANEWS) – MAGNORA (MGN.OL), SALMAR (SALM.OL), 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)

1022.8% 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 kr0.75.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 36.93. Meaning, the purchaser of the share is investing kr36.93 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%.

Volume

Today’s last reported volume for MAGNORA is 57669 which is 80.99% below its average volume of 303468.

Yearly Top and Bottom Value

MAGNORA’s stock is valued at kr27.70 at 22:20 EST, way below its 52-week high of kr31.45 and way above its 52-week low of kr17.22.

Moving Average

MAGNORA’s value is above its 50-day moving average of kr26.44 and way above its 200-day moving average of kr23.49.

More news about MAGNORA.

2. SALMAR (SALM.OL)

55.4% sales growth and 20.22% return on equity

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming, Sales & Industry, Icelandic Salmon, and SalMar Aker Ocean segments. It is involved in the broodstock, lumpfish, and smolt production activities; and marine-phase farming, harvesting, processing, and selling farmed salmon. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.

Earnings Per Share

As for profitability, SALMAR has a trailing twelve months EPS of kr30.59.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 14.17. Meaning, the purchaser of the share is investing kr14.17 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 20.22%.

Moving Average

SALMAR’s value is under its 50-day moving average of kr462.25 and above its 200-day moving average of kr420.67.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 9, 2023, the estimated forward annual dividend rate is 20 and the estimated forward annual dividend yield is 4.61%.

Volume

Today’s last reported volume for SALMAR is 68695 which is 75.47% below its average volume of 280143.

More news about SALMAR.

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 kr5.2.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.02. Meaning, the purchaser of the share is investing kr9.02 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%.

Yearly Top and Bottom Value

SPAREBANKEN ØST’s stock is valued at kr46.90 at 22:20 EST, way below its 52-week high of kr53.60 and higher than its 52-week low of kr43.10.

Revenue Growth

Year-on-year quarterly revenue growth grew by 33.7%, now sitting on 745.5M for the twelve trailing months.

Sales Growth

SPAREBANKEN ØST’s sales growth is 56.8% for the current quarter and 27.1% for the next.

Moving Average

SPAREBANKEN ØST’s value is higher than its 50-day moving average of kr45.68 and under its 200-day moving average of kr47.45.

More news about SPAREBANKEN ØST.

4. NORWEGIAN AIR SHUT (NAS.OL)

19.3% sales growth and 38.52% return on equity

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It operates short haul point to point domestic and cross border flights services. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. It operates a fleet of 70 aircrafts. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway.

Earnings Per Share

As for profitability, NORWEGIAN AIR SHUT has a trailing twelve months EPS of kr0.95.

PE Ratio

NORWEGIAN AIR SHUT has a trailing twelve months price to earnings ratio of 10.94. Meaning, the purchaser of the share is investing kr10.94 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 38.52%.

Sales Growth

NORWEGIAN AIR SHUT’s sales growth is 37.6% for the ongoing quarter and 19.3% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 104.3%, now sitting on 20B for the twelve trailing months.

More news about NORWEGIAN AIR SHUT.

5. ROBERTET (RBT.PA)

14.1% sales growth and 15.94% return on equity

Robertet SA produces and sells perfumes, aromas, and natural products. The company operates in four segments: Raw materials, Fragrances, Flavors, and Active Ingredients. It also produces organic essential oils and active ingredients. The company operates in North America, Europe, the Asia Pacific, South America, Caribbean, Africa, and the Middle East. Robertet SA was founded in 1850 and is headquartered in Grasse, France.

Earnings Per Share

As for profitability, ROBERTET has a trailing twelve months EPS of €36.1.

PE Ratio

ROBERTET has a trailing twelve months price to earnings ratio of 22.6. Meaning, the purchaser of the share is investing €22.6 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 15.94%.

Sales Growth

ROBERTET’s sales growth is 14.1% for the ongoing quarter and 14.1% for the next.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 29, 2023, the estimated forward annual dividend rate is 8.5 and the estimated forward annual dividend yield is 1.02%.

Yearly Top and Bottom Value

ROBERTET’s stock is valued at €816.00 at 22:20 EST, way below its 52-week high of €938.00 and higher than its 52-week low of €801.00.

Moving Average

ROBERTET’s worth is below its 50-day moving average of €863.26 and below its 200-day moving average of €858.05.

More news about ROBERTET.

6. J.MARTINS,SGPS (JMT.LS)

13.4% sales growth and 24.85% return on equity

Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia. The company also operates supermarkets under the Pingo Doce banner; and cash and carry stores under the Recheio name in Portugal. In addition, it operates restaurants under the Pingo Doce name; Bem-Estar pharmacies; petrol stations; and clothing under Code brand. Further, the company operates kiosks and coffee shops under the Jeronymo name; and chocolates and confectionary retail stores under Hussel name. Additionally, the company engages in human resources top management, real estate management and administration, training, and saline brackish waters aquaculture; wholesale of fruit and vegetables; retail management, consultancy, and logistics activities; the purchase and sale of real estate; growing of crops and farming of animals; retail sale of health and beauty products; manufacture of milk and dairy products; and provision of economic and accounting, business portfolio management, financial, and sea passenger water transport services. It is also involved in the trading and distribution of consumer goods; retail and wholesale of non-food products; other business support service activities; and provision of services in the area of wholesale and retail distribution. The company was founded in 1792 and is headquartered in Lisbon, Portugal. Jerónimo Martins, SGPS, S.A. is a subsidiary of Sociedade Francisco Manuel dos Santos, SGPS, S.E.

Earnings Per Share

As for profitability, J.MARTINS,SGPS has a trailing twelve months EPS of €1.01.

PE Ratio

J.MARTINS,SGPS has a trailing twelve months price to earnings ratio of 25.09. Meaning, the purchaser of the share is investing €25.09 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 24.85%.

Yearly Top and Bottom Value

J.MARTINS,SGPS’s stock is valued at €25.34 at 22:20 EST, under its 52-week high of €25.64 and way above its 52-week low of €18.30.

Volume

Today’s last reported volume for J.MARTINS,SGPS is 104800 which is 83.51% below its average volume of 635796.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 2.19%.

More news about J.MARTINS,SGPS.

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