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

(VIANEWS) – NORBIT (NORBT.OL), AKER SOLUTIONS (AKSO.OL), HOLLAND COLOURS (HOLCO.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. NORBIT (NORBT.OL)

35% sales growth and 22.97% 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 kr2.77.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 31.34. Meaning, the purchaser of the share is investing kr31.34 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 22.97%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 33.9% and positive 221.6% for the next.

Yearly Top and Bottom Value

NORBIT’s stock is valued at kr86.80 at 22:20 EST, under its 52-week high of kr95.90 and way above its 52-week low of kr48.00.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 7, 2024, the estimated forward annual dividend rate is 2.55 and the estimated forward annual dividend yield is 2.8%.

Volume

Today’s last reported volume for NORBIT is 46989 which is 61.81% below its average volume of 123050.

More news about NORBIT.

2. AKER SOLUTIONS (AKSO.OL)

16.8% sales growth and 17.09% return on equity

Aker Solutions ASA provides solutions, products, systems, and services to the oil and gas industry in Norway, the United States, Brazil, the United Kingdom, Malaysia, Angola, Brunei, Canada, India, and internationally. The company operates in two segments, Renewables and Field Development; and Life Cycle. It offers field planning, feasibility, and concept studies; specialist engineering, project management, and procurement services; floater designs, offshore wind, as well as engages in design, delivery, and construction of oil and gas production, and receiving and processing facilities. The company also provides offshore fish farming, carbon capture, utilization and storage, hydrogen and derivatives, hydropower, and offshore wind solutions. Further, it designs and constructs jackets for construction services and offers electrification services; and designs and constructs offshore oil and gas production facilities and onshore receiving and processing facilities. Additionally, the company provides maintenance, modifications, decommissioning, asset integrity management, hook-up, and completion solutions. Aker Solutions ASA was founded in 1841 and is headquartered in Fornebu, Norway.

Earnings Per Share

As for profitability, AKER SOLUTIONS has a trailing twelve months EPS of kr3.06.

PE Ratio

AKER SOLUTIONS has a trailing twelve months price to earnings ratio of 13.92. Meaning, the purchaser of the share is investing kr13.92 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 17.09%.

Volume

Today’s last reported volume for AKER SOLUTIONS is 195858 which is 64.37% below its average volume of 549835.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 100% and 16.5%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 34.4%, now sitting on 48.05B for the twelve trailing months.

More news about AKER SOLUTIONS.

3. HOLLAND COLOURS (HOLCO.AS)

13.8% sales growth and 8.62% return on equity

Holland Colours N.V., together with its subsidiaries, manufactures, distributes, and sells color concentrates in Europe, North America, Asia, and internationally. The company offers colorants for the building and construction industry, including profiles, pipes, tubing and fittings, siding and cladding, decking, fencing, window blinds, and insulation, as well as solutions for a range of polymers. It offers colorants for packaging applications comprising water, carbonated soft drinks, fruit juices, dairy, beer, wine, detergents, pharmaceutical, and personal care products. In addition, the company offers v, sealants, or adhesives; and colorants for other applications, such as shopping bags, polybags, mulch films, OPP tapes, PU flexible foams, synthetic leather, fiber glass and buttons, paving blocks, artificial stones, cast PMMA, PP non-woven and spunbond, coatings, flexible PVCs, prosthetics, glass fiber reinforced nylon, and silicone rubber and elastomers. It sells its products through a network of suppliers, agents, and distributors. The company was founded in 1979 and is headquartered in Apeldoorn, the Netherlands. Holland Colours N.V. operates as a subsidiary of Holland Pigments BV.

Earnings Per Share

As for profitability, HOLLAND COLOURS has a trailing twelve months EPS of €6.02.

PE Ratio

HOLLAND COLOURS has a trailing twelve months price to earnings ratio of 15.53. Meaning, the purchaser of the share is investing €15.53 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 8.62%.

Sales Growth

HOLLAND COLOURS’s sales growth is 13.8% for the current quarter and 13.8% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jul 15, 2024, the estimated forward annual dividend rate is 3.01 and the estimated forward annual dividend yield is 3.31%.

Moving Average

HOLLAND COLOURS’s worth is below its 50-day moving average of €93.95 and below its 200-day moving average of €93.89.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.2%, now sitting on 103.28M for the twelve trailing months.

More news about HOLLAND COLOURS.

4. AIRBUS (AIR.PA)

9.8% sales growth and 22.57% return on equity

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment develops, manufactures, markets, and sells civil and military helicopters; and provides helicopter-related services. The Airbus Defence and Space segment designs, develops, delivers, and supports military air systems and related services. This segment also offers civil and defence space systems for telecommunications, earth observations, navigation, and science and orbital systems; missile and space launcher systems; and services around data processing from platforms, secure communication, and cyber security. The company was formerly known as Airbus Group SE and changed its name to Airbus SE in April 2017. Airbus SE was incorporated in 1998 and is headquartered in Leiden, the Netherlands.

Earnings Per Share

As for profitability, AIRBUS has a trailing twelve months EPS of €3.9.

PE Ratio

AIRBUS has a trailing twelve months price to earnings ratio of 33.79. Meaning, the purchaser of the share is investing €33.79 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 22.57%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 9.1%, now sitting on 66.51B for the twelve trailing months.

Yearly Top and Bottom Value

AIRBUS’s stock is valued at €131.80 at 22:20 EST, way below its 52-week high of €172.78 and above its 52-week low of €120.28.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 19, 2024, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 1.38%.

More news about AIRBUS.

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