NEOEN And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – NEOEN (NEOEN.PA), ALTRI SGPS (ALTR.LS), GOODTECH (GOD.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 22:20 EST, way under its 52-week high of €38.36 and way above its 52-week low of €21.80.

Revenue Growth

Year-on-year quarterly revenue growth declined by 11.4%, now sitting on 524.4M for the twelve trailing months.

Volume

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

More news about NEOEN.

2. ALTRI SGPS (ALTR.LS)

39.3% sales growth and 8.56% return on equity

Altri, SGPS, S.A. produces and sells cellulosic fibers and energy in Portugal and internationally. The company produces pulp products for various application including production of paper, tissue, and printing and writing papers; and dissolving pulp for use of textile production. It is also involved timber commercialization; forest management; production of forest-based renewable energy, such as industrial cogeneration from black liquor and biomass; real estate activities; and production of plants in nurseries, as well as the provision of services related with forests and landscapes. The company was incorporated in 2005 and is headquartered in Porto, Portugal.

Earnings Per Share

As for profitability, ALTRI SGPS has a trailing twelve months EPS of €0.22.

PE Ratio

ALTRI SGPS has a trailing twelve months price to earnings ratio of 24.86. Meaning, the purchaser of the share is investing €24.86 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 8.56%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 21, 2024, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 4.64%.

Yearly Top and Bottom Value

ALTRI SGPS’s stock is valued at €5.47 at 22:20 EST, below its 52-week high of €5.63 and way above its 52-week low of €4.07.

More news about ALTRI SGPS.

3. GOODTECH (GOD.OL)

30% sales growth and 11.86% return on equity

Goodtech ASA provides management systems, digitization, and production optimization solutions for industrial and manufacturing companies in Norway, Sweden, Finland, Europe, and internationally. The company provides a range of in-house developed and partner-driven technologies and customized solutions for automation of production, which include construction, installation, service, and maintenance; development, project management, and engineering services; and technology and customized solutions, such as streamlining production, material handling, warehousing, and logistics solutions, as well as packaging machines. It also offers robotic systems for handling, controlling, and logistics of bulk materials under the Portabulk brand; power and electrical, automation, and system integration solutions to industry and power distributors; constructs and rehabilitates transformer stations. In addition, the company provides products and solutions for drinking water and wastewater treatment, and various industrial water. It serves a range of customers within aquaculture, food, pharmacy and health, renewable energy, district heating, oil and gas, power, water treatment, chemical, cable production, automotive, machinery, metal, and mineral industries. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, GOODTECH has a trailing twelve months EPS of kr1.2.

PE Ratio

GOODTECH has a trailing twelve months price to earnings ratio of 11.37. Meaning, the purchaser of the share is investing kr11.37 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 11.86%.

Volume

Today’s last reported volume for GOODTECH is 5850 which is 80.15% below its average volume of 29472.

Moving Average

GOODTECH’s value is under its 50-day moving average of kr13.88 and way higher than its 200-day moving average of kr11.66.

Yearly Top and Bottom Value

GOODTECH’s stock is valued at kr13.65 at 22:20 EST, below its 52-week high of kr15.00 and way higher than its 52-week low of kr9.44.

More news about GOODTECH.

4. SPAREBANKEN ØST (SPOG.OL)

18.5% sales growth and 10.59% 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; current accounts; home mortgage loans; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, and leisure insurance products, as well as life and health insurance products; and shares and funds trading services. In addition, the company buys, sells, and stores cryptocurrencies, 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 kr7.75.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 7.1. Meaning, the purchaser of the share is investing kr7.1 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 10.59%.

Yearly Top and Bottom Value

SPAREBANKEN ØST’s stock is valued at kr55.00 at 22:20 EST, under its 52-week high of kr58.40 and way higher than its 52-week low of kr45.30.

Volume

Today’s last reported volume for SPAREBANKEN ØST is 9697 which is 39.42% below its average volume of 16007.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 17.6% and 1.3%, respectively.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 22, 2024, the estimated forward annual dividend rate is 5.4 and the estimated forward annual dividend yield is 9.79%.

More news about SPAREBANKEN ØST.

5. VOSS VEKSEL OGLAND (VVL.OL)

17.5% sales growth and 10.95% return on equity

Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.

Earnings Per Share

As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr36.21.

PE Ratio

VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 7.29. Meaning, the purchaser of the share is investing kr7.29 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 10.95%.

Moving Average

VOSS VEKSEL OGLAND’s worth is above its 50-day moving average of kr254.16 and way above its 200-day moving average of kr230.71.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17%, now sitting on 171.25M for the twelve trailing months.

More news about VOSS VEKSEL OGLAND.

6. BOUVET (BOUV.OL)

9.7% sales growth and 60.9% return on equity

Bouvet ASA provides IT and digital communication consultancy services for public and private sector companies in Norway, Sweden, and internationally. The company was incorporated in 1995 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, BOUVET has a trailing twelve months EPS of kr3.14.

PE Ratio

BOUVET has a trailing twelve months price to earnings ratio of 20.54. Meaning, the purchaser of the share is investing kr20.54 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 60.9%.

Yearly Top and Bottom Value

BOUVET’s stock is valued at kr64.50 at 22:20 EST, below its 52-week high of kr70.00 and way above its 52-week low of kr52.00.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 24, 2023, the estimated forward annual dividend rate is 2.5 and the estimated forward annual dividend yield is 4.08%.

Sales Growth

BOUVET’s sales growth is 12.3% for the present quarter and 9.7% for the next.

More news about BOUVET.

7. KID (KID.OL)

7.8% sales growth and 26.8% return on equity

Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia. It designs, sources, markets, and sells a range of home and interior products, including textiles, curtains, bed linens, home accessories, decorations, furniture, and other interior products through retail stores and online platforms. The company provides its products under the Kid, Hemtex, Dekosol, Nordun, and Premium Collection brands. It also offers logistics services. The company was formerly known as Nordisk Tekstil Holding AS and changed its name to Kid ASA. Kid ASA was founded in 1937 and is headquartered in Lier, Norway.

Earnings Per Share

As for profitability, KID has a trailing twelve months EPS of kr8.64.

PE Ratio

KID has a trailing twelve months price to earnings ratio of 16.23. Meaning, the purchaser of the share is investing kr16.23 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 26.8%.

More news about KID.

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