OKEANIS ECO TANKER And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – OKEANIS ECO TANKER (OET.OL), NEOEN (NEOEN.PA), SPBK 1 ØSTLANDET (SPOL.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. OKEANIS ECO TANKER (OET.OL)

584.9% sales growth and 42.46% return on equity

Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company also provides various shipping services, such as technical support, maintenance, and insurance consulting services. It operates a fleet of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers. The company was incorporated in 2018 and is based in Piraeus, Greece.

Earnings Per Share

As for profitability, OKEANIS ECO TANKER has a trailing twelve months EPS of kr59.64.

PE Ratio

OKEANIS ECO TANKER has a trailing twelve months price to earnings ratio of 5.47. Meaning, the purchaser of the share is investing kr5.47 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 42.46%.

Moving Average

OKEANIS ECO TANKER’s worth is way higher than its 50-day moving average of kr269.44 and way higher than its 200-day moving average of kr242.78.

Revenue Growth

Year-on-year quarterly revenue growth grew by 140.2%, now sitting on 411.81M for the twelve trailing months.

Volume

Today’s last reported volume for OKEANIS ECO TANKER is 29833 which is 55.49% below its average volume of 67032.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 31, 2023, the estimated forward annual dividend rate is 49.95 and the estimated forward annual dividend yield is 15.98%.

More news about OKEANIS ECO TANKER.

2. 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 22.79. Meaning, the purchaser of the share is investing €22.79 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 7.39%.

Volume

Today’s last reported volume for NEOEN is 85271 which is 41.61% below its average volume of 146050.

Sales Growth

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

Yearly Top and Bottom Value

NEOEN’s stock is valued at €25.98 at 06:20 EST, way under its 52-week high of €40.50 and way higher than its 52-week low of €23.04.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 17, 2023, the estimated forward annual dividend rate is 0.13 and the estimated forward annual dividend yield is 0.52%.

More news about NEOEN.

3. SPBK 1 ØSTLANDET (SPOL.OL)

20.3% sales growth and 11.87% return on equity

SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company operates through Retail, Corporate, and Organisation Market and Capital Market segments. The Retail segment provides financial services comprising of savings, money transfer, insurance, accident prevention, financing, money transfer, capital, and investment management services. The Corporate segment offers interest rate, currency hedging, and investment related services, as well as insurance services for property. The Organisation Market and Capital Market segment provides risk based advisory solutions to high-net-worth individuals and corporates, as well as engages in foreign currency services. SpareBank 1 Østlandet was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet operates as a subsidiary of Sparebankstiftelsen Hedmark.

Earnings Per Share

As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr13.36.

PE Ratio

SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 9.31. Meaning, the purchaser of the share is investing kr9.31 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 11.87%.

More news about SPBK 1 ØSTLANDET.

4. MULTICONSULT (MULTI.OL)

10% sales growth and 34.44% return on equity

Multiconsult ASA provides engineering design, consultancy, and architecture services in Norway and internationally. The company offers multidisciplinary consultancy, design, planning, project supervision and management, geotechnical site survey, verification and control, analysis and due diligence, construction management, geological investigations, environmental services and HSE, river basin management, hydrometry, and hydrological field work services. It serves buildings and properties, cities and society, industry, oil and gas, renewable energy, rail and transportation, and water and environment sectors. Multiconsult ASA was founded in 1908 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, MULTICONSULT has a trailing twelve months EPS of kr11.58.

PE Ratio

MULTICONSULT has a trailing twelve months price to earnings ratio of 10.79. Meaning, the purchaser of the share is investing kr10.79 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 34.44%.

Sales Growth

MULTICONSULT’s sales growth for the next quarter is 10%.

Moving Average

MULTICONSULT’s value is way below its 50-day moving average of kr139.93 and way under its 200-day moving average of kr145.59.

More news about MULTICONSULT.

5. SPAREBANK 1 SR-BK (SRBNK.OL)

6.3% sales growth and 13.14% return on equity

SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company operates through Retail customers, SME & Agriculture, and Large Corporates segments. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, advisory, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr14.97.

PE Ratio

SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 7.92. Meaning, the purchaser of the share is investing kr7.92 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 13.14%.

Moving Average

SPAREBANK 1 SR-BK’s value is below its 50-day moving average of kr125.07 and under its 200-day moving average of kr123.47.

Yearly Top and Bottom Value

SPAREBANK 1 SR-BK’s stock is valued at kr118.50 at 06:20 EST, way below its 52-week high of kr131.90 and way higher than its 52-week low of kr103.60.

Sales Growth

SPAREBANK 1 SR-BK’s sales growth is 28.2% for the current quarter and 6.3% for the next.

More news about SPAREBANK 1 SR-BK.

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