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

(VIANEWS) – NEOEN (NEOEN.PA), SPBK1 ØSTFOLD AKE (SOAG.OL), PROTECTOR FORSIKRG (PROT.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 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%.

Dividend Yield

As maintained by 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 0.43%.

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2. SPBK1 ØSTFOLD AKE (SOAG.OL)

36.1% sales growth and 11.66% return on equity

SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. The company was founded in 1835 and is headquartered in Moss, Norway.

Earnings Per Share

As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr39.16.

PE Ratio

SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 8.02. Meaning, the purchaser of the share is investing kr8.02 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 11.66%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 43.9% and 51.8%, respectively.

Volume

Today’s last reported volume for SPBK1 ØSTFOLD AKE is 8142 which is 460.74% above its average volume of 1452.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 17.8 and the estimated forward annual dividend yield is 5.74%.

Yearly Top and Bottom Value

SPBK1 ØSTFOLD AKE’s stock is valued at kr314.00 at 02:20 EST, under its 52-week high of kr348.00 and way above its 52-week low of kr280.00.

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3. PROTECTOR FORSIKRG (PROT.OL)

15.2% sales growth and 37.86% return on equity

Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr15.21.

PE Ratio

PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 11.48. Meaning, the purchaser of the share is investing kr11.48 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 37.86%.

Moving Average

PROTECTOR FORSIKRG’s value is above its 50-day moving average of kr167.68 and way above its 200-day moving average of kr151.22.

Volume

Today’s last reported volume for PROTECTOR FORSIKRG is 26062 which is 77.98% below its average volume of 118384.

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4. 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 €5.04.

PE Ratio

MELEXIS has a trailing twelve months price to earnings ratio of 16.13. Meaning, the purchaser of the share is investing €16.13 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 43.81%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Oct 17, 2023, the estimated forward annual dividend rate is 3.5 and the estimated forward annual dividend yield is 4.3%.

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5. PERNOD RICARD (RI.PA)

7.9% sales growth and 13.85% return on equity

Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No. 40, Malfy, Malibu, Martell, Method & Madness, Midleton Very Rare, Minttu, Monkey 47, Mumm, Olmeca, Ostoya, Passport Scotch, Pastis 51, Pernod, Perrier-Jouët, Plymouth Gin, Powers, Rabbit Hole, Ramazzotti, Redbreast, Ricard, Royal Salute, Royal Stag, Scapa, Seagram's Gin, Secret Speyside, Smooth Ambler, Something Special, St Hugo, Stoneleigh, Suze, The Glenlivet, TX, Wyborowa, and Ysios. It also provides non-alcoholic beverages under the brands Ceder's, Suze Tonic 0%, Cinzano Spritz 0%, Pacific, Campo Viejo Sparkling 0%, and Jacob's Creek Unvined. Pernod Ricard SA was founded in 1805 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, PERNOD RICARD has a trailing twelve months EPS of €9.31.

PE Ratio

PERNOD RICARD has a trailing twelve months price to earnings ratio of 20.92. Meaning, the purchaser of the share is investing €20.92 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 13.85%.

More news about PERNOD RICARD.

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