(VIANEWS) – ODFJELL DRILLING (ODL.OL), NEOEN (NEOEN.PA), GAMING INNOVATION (GIG.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. ODFJELL DRILLING (ODL.OL)
957% sales growth and 18.04% return on equity
Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates through Own Fleet and External Fleet segments. It also offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is headquartered in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Holding Ltd.
Earnings Per Share
As for profitability, ODFJELL DRILLING has a trailing twelve months EPS of kr10.33.
PE Ratio
ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 5.53. Meaning, the purchaser of the share is investing kr5.53 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 18.04%.
Sales Growth
ODFJELL DRILLING’s sales growth is negative 9.2% for the ongoing quarter and 957% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 29.1% and a drop 12.9% for the next.
More news about ODFJELL DRILLING.
2. 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%.
Volume
Today’s last reported volume for NEOEN is 300989 which is 88.61% above its average volume of 159578.
Yearly Top and Bottom Value
NEOEN’s stock is valued at €26.24 at 22:20 EST, way under its 52-week high of €37.98 and way higher than 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 0.4%.
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3. GAMING INNOVATION (GIG.OL)
19.2% sales growth and 20.95% return on equity
Gaming Innovation Group Inc., an iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally. It operates through two segments, Platform Offering Front-End Services (Platform), and Affiliate Marketing (Media). The company operates casinos and sports betting sites; and platform services, including igaming platform solutions and services to operators and their customers, as well as undertakes land-based operators online through its omnichannel solution, which brings together the offline and online worlds through a shared loyalty system and wallets. It also provides Sportsbook, a sports betting omnichannel solution. In addition, the company offers managed service; omnichannel solutions; Data platform to enhance BI and make business decisions; Logic, a real-time rules engine that creates actionable business rules; marketing compliance solution; and Frontend solution. Gaming Innovation Group Inc. was founded in 2012 and is headquartered in St. Julian's, Malta.
Earnings Per Share
As for profitability, GAMING INNOVATION has a trailing twelve months EPS of kr1.71.
PE Ratio
GAMING INNOVATION has a trailing twelve months price to earnings ratio of 18.86. Meaning, the purchaser of the share is investing kr18.86 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 20.95%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 51.9%, now sitting on 98.18M for the twelve trailing months.
Moving Average
GAMING INNOVATION’s worth is below its 50-day moving average of kr32.87 and above its 200-day moving average of kr30.44.
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4. VOLUE (VOLUE.OL)
18.4% sales growth and 3.92% return on equity
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates through three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. The company was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, VOLUE has a trailing twelve months EPS of kr0.24.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 125.42. Meaning, the purchaser of the share is investing kr125.42 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 3.92%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 127.3% and 157.1%, respectively.
Yearly Top and Bottom Value
VOLUE’s stock is valued at kr30.10 at 22:20 EST, way below its 52-week high of kr35.35 and way above its 52-week low of kr17.00.
Sales Growth
VOLUE’s sales growth is 25.4% for the current quarter and 18.4% for the next.
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5. HAFNIA LIMITED (HAFNI.OL)
12.7% sales growth and 33.9% return on equity
Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, HAFNIA LIMITED has a trailing twelve months EPS of kr16.31.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 5.4. Meaning, the purchaser of the share is investing kr5.4 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 33.9%.
Moving Average
HAFNIA LIMITED’s value is above its 50-day moving average of kr82.84 and way higher than its 200-day moving average of kr73.68.
Yearly Top and Bottom Value
HAFNIA LIMITED’s stock is valued at kr88.00 at 22:20 EST, under its 52-week high of kr92.70 and way higher than its 52-week low of kr49.40.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 22, 2024, the estimated forward annual dividend rate is 14.71 and the estimated forward annual dividend yield is 15.99%.
Volume
Today’s last reported volume for HAFNIA LIMITED is 685428 which is 63.65% below its average volume of 1885710.
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6. PARETO BANK (PARB.OL)
10.8% sales growth and 13.71% return on equity
Pareto Bank ASA provides various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. Pareto Bank ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.74.
PE Ratio
PARETO BANK has a trailing twelve months price to earnings ratio of 7.6. Meaning, the purchaser of the share is investing kr7.6 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 13.71%.
Yearly Top and Bottom Value
PARETO BANK’s stock is valued at kr58.80 at 22:20 EST, below its 52-week high of kr61.00 and way above its 52-week low of kr48.55.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 0.5% and positive 10.1% for the next.
Moving Average
PARETO BANK’s worth is above its 50-day moving average of kr57.81 and higher than its 200-day moving average of kr54.59.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.5%, now sitting on 1.06B for the twelve trailing months.
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