(VIANEWS) – NEOEN (NEOEN.PA), SANDNES SPAREBANK (SADG.OL), MELEXIS (MELE.BR) 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. NEOEN (NEOEN.PA)
48.5% sales growth and 7.39% return on equity
Neoen S.A., an independent renewable energy production company, engages in the development and operation of renewable energy power plants. The company operates through Solar Power, Wind Power, Storage, Farm-Down, Development and Investments, and Eliminations segments. It operates in Argentina, Australia, Canada, Ecuador, the United States, Finland, France, Ireland, Italy, Jamaica, Mexico, Mozambique, Portugal, El Salvador, Sweden, and Zambia. Neoen S.A. was incorporated in 2008 and is headquartered in Paris, France. Neoen S.A. operates as a subsidiary of Impala SAS.
Earnings Per Share
As for profitability, NEOEN has a trailing twelve months EPS of €0.34.
PE Ratio
NEOEN has a trailing twelve months price to earnings ratio of 80.47. Meaning, the purchaser of the share is investing €80.47 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 7.39%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 17, 2023, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 0.44%.
Moving Average
NEOEN’s value is below its 50-day moving average of €28.98 and way under its 200-day moving average of €31.96.
Volume
Today’s last reported volume for NEOEN is 28849 which is 76.88% below its average volume of 124800.
More news about NEOEN.
2. SANDNES SPAREBANK (SADG.OL)
12% sales growth and 8.32% return on equity
Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate. The company offers fixed rate deposits, deposit accounts, BSU, and tax withholding and other accounts; child, death, income, critical illness, disability, car, home, cabin, contents, UNG, and other insurance products; and pension solutions. It also provides bank guarantee, overdrafts, leasing, construction and business loans, factoring and invoice sales; fixed interest, mortgage, car, and other vehicle loans, as well as small loans and refinancing, and green loans; bank and credit cards; various loans and guarantees; and mobile and internet banking services. In addition, the company offers real estate brokerage and general investment advisory services. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway.
Earnings Per Share
As for profitability, SANDNES SPAREBANK has a trailing twelve months EPS of kr8.08.
PE Ratio
SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 10.5. Meaning, the purchaser of the share is investing kr10.5 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 8.32%.
Sales Growth
SANDNES SPAREBANK’s sales growth is 18.9% for the present quarter and 12% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.05 and the estimated forward annual dividend yield is 7.15%.
Volume
Today’s last reported volume for SANDNES SPAREBANK is 7272 which is 110.59% above its average volume of 3453.
Yearly Top and Bottom Value
SANDNES SPAREBANK’s stock is valued at kr84.80 at 22:20 EST, way below its 52-week high of kr98.80 and higher than its 52-week low of kr81.00.
More news about SANDNES SPAREBANK.
3. MELEXIS (MELE.BR)
11% sales growth and 43.81% return on equity
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN transceiver, CAN transceiver, RFID Transceiver NFC Sensor tag ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.
Earnings Per Share
As for profitability, MELEXIS has a trailing twelve months EPS of €4.94.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 18.81. Meaning, the purchaser of the share is investing €18.81 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 43.81%.
Moving Average
MELEXIS’s worth is above its 50-day moving average of €91.27 and higher than its 200-day moving average of €91.21.
Sales Growth
MELEXIS’s sales growth is 12.1% for the current quarter and 11% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MELEXIS’s EBITDA is 57.88.
More news about MELEXIS.
