NEOEN And 2 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – NEOEN (NEOEN.PA), VERALLIA (VRLA.PA), ABN AMRO BANK N.V. (ABN.AS) 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 €1.14.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 24.32. Meaning, the purchaser of the share is investing €24.32 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 7.39%.

More news about NEOEN.

2. 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 10.29. Meaning, the purchaser of the share is investing €10.29 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%.

Yearly Top and Bottom Value

VERALLIA’s stock is valued at €42.00 at 12:20 EST, under its 52-week high of €44.86 and way higher than its 52-week low of €21.94.

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3. ABN AMRO BANK N.V. (ABN.AS)

17.2% sales growth and 10.93% return on equity

ABN AMRO Bank N.V. provides various banking products and services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, Moneyou, and ABN AMRO brands. It also issues, promotes, manages, and processes credit cards; provides revolving credit card facilities and pension schemes, as well as consumer credit and mortgages; and life and non-life insurance products. In addition, it offers asset-based solutions, including working capital solutions, equipment leases and loans, and vendor lease services; private banking and wealth-management-related services; and derivatives and equity clearing services. ABN AMRO Bank N.V. was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ABN AMRO BANK N.V. has a trailing twelve months EPS of €2.73.

PE Ratio

ABN AMRO BANK N.V. has a trailing twelve months price to earnings ratio of 4.94. Meaning, the purchaser of the share is investing €4.94 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 10.93%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 16, 2023, the estimated forward annual dividend rate is 1.29 and the estimated forward annual dividend yield is 9.18%.

Yearly Top and Bottom Value

ABN AMRO BANK N.V.’s stock is valued at €13.49 at 12:20 EST, way under its 52-week high of €17.00 and way higher than its 52-week low of €8.69.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 25% and positive 45.9% for the next.

Moving Average

ABN AMRO BANK N.V.’s value is below its 50-day moving average of €14.32 and under its 200-day moving average of €14.48.

More news about ABN AMRO BANK N.V..

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