NEOEN And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – NEOEN (NEOEN.PA), NORBIT (NORBT.OL), SPBK1 ØSTFOLD AKE (SOAG.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. NEOEN (NEOEN.PA)

48.5% sales growth and 6.44% 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.

Earnings Per Share

As for profitability, NEOEN has a trailing twelve months EPS of €0.94.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 27.91. Meaning, the purchaser of the share is investing €27.91 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 6.44%.

Yearly Top and Bottom Value

NEOEN’s stock is valued at €26.24 at 17:20 EST, way below its 52-week high of €37.98 and way above its 52-week low of €21.80.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 20, 2024, the estimated forward annual dividend rate is 0.15 and the estimated forward annual dividend yield is 0.41%.

Volume

Today’s last reported volume for NEOEN is 300989 which is 88.61% above its average volume of 159578.

Sales Growth

NEOEN’s sales growth is 63.4% for the ongoing quarter and 48.5% for the next.

More news about NEOEN.

2. NORBIT (NORBT.OL)

35% sales growth and 21.94% return on equity

Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. Norbit ASA was founded in 1995 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORBIT has a trailing twelve months EPS of kr2.72.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 27.28. Meaning, the purchaser of the share is investing kr27.28 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 21.94%.

More news about NORBIT.

3. SPBK1 ØSTFOLD AKE (SOAG.OL)

7.3% sales growth and 12.1% return on equity

Earnings Per Share

As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr39.02.

PE Ratio

SPBK1 ØSTFOLD AKE 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 12.1%.

Sales Growth

SPBK1 ØSTFOLD AKE’s sales growth for the next quarter is 7.3%.

Volume

Today’s last reported volume for SPBK1 ØSTFOLD AKE is 11568 which is 170.4% above its average volume of 4278.

Yearly Top and Bottom Value

SPBK1 ØSTFOLD AKE’s stock is valued at kr326.00 at 17:20 EST, under its 52-week high of kr342.00 and above its 52-week low of kr300.00.

More news about SPBK1 ØSTFOLD AKE.

4. SPIE (SPIE.PA)

7.3% sales growth and 12.36% return on equity

SPIE SA provides multi-technical services in the areas of energy and communications in France, Germany, the Netherlands, and internationally. The company operates through four segments: France; Germany and Central Europe; North-Western Europe; and Oil & Gas and Nuclear. It provides building modelling and design services; IT maintenance and managed services; information and communications technology engineering and consulting services; technical facility management, energy-efficiency, and technical services for the transmission and distribution of energy for industrial clients, as well as in the areas of electrical and security, HVAC, and information and communications technology; and electrical, mechanical, and HVAC engineering services. The company also offers building information modelling, building management systems, augmented reality, IoT and data management, and smart maintenance services; oil and gas services; construction, renovation, and maintenance services for bridges, locks, and pumping stations; maintenance and innovative solutions for traffic infrastructure; and fixed and mobile digital telecom networks, as well as technical building management, communications and networks, and tech FM services; engineering, construction, maintenance, and optimization services for industrial processes; energy recovery and sustainable management services to technical facilities; and energy transmission networks, medium-voltage facilities, distribution networks, busbar systems, and wind and solar power farms. In addition, it engages in the analysis of site conditions; planning, installation, and commissioning of technology; mechanical and industrial robotic solutions; and provision of electric solutions comprising lighting, street lighting, safety and security, prefabrication, and signage solutions. SPIE SA was founded in 1900 and is headquartered in Cergy-Pontoise, France.

Earnings Per Share

As for profitability, SPIE has a trailing twelve months EPS of €1.44.

PE Ratio

SPIE has a trailing twelve months price to earnings ratio of 24.18. Meaning, the purchaser of the share is investing €24.18 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 12.36%.

Yearly Top and Bottom Value

SPIE’s stock is valued at €34.82 at 17:20 EST, below its 52-week high of €38.60 and way higher than its 52-week low of €23.84.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.7%, now sitting on 8.81B for the twelve trailing months.

Volume

Today’s last reported volume for SPIE is 186455 which is 11.89% below its average volume of 211627.

More news about SPIE.

5. SCANA (SCANA.OL)

5.7% sales growth and 18.92% return on equity

Scana ASA engages in the offshore, energy, and maritime businesses in Norway, rest of European countries, America, Asia, Africa, and Oceania. The company offers valve remote control systems and mooring solutions to vessels, rigs, and floating structures serving the shipping, aquaculture, oil and gas, and energy industries. It also engages in the design and integration of electrical power systems, electrical infrastructure, and energy storage systems and control systems. In addition, the company is involved in the planning and execution of insulation, scaffolding, and surface treatment services; and rig, capping, equipment support, make and break, IMR lifecycle, welding, and asset integrity management services to drilling industry, as well as offers riser applications to the oil and gas industry. Scana ASA was formerly known as Incus Investor ASA and changed its name to Scana ASA in May 2020. The company was founded in 1646 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, SCANA has a trailing twelve months EPS of kr0.22.

PE Ratio

SCANA has a trailing twelve months price to earnings ratio of 9.2. Meaning, the purchaser of the share is investing kr9.2 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 18.92%.

Moving Average

SCANA’s value is below its 50-day moving average of kr2.15 and below its 200-day moving average of kr2.19.

Volume

Today’s last reported volume for SCANA is 591420 which is 30.94% below its average volume of 856413.

More news about SCANA.

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