REACH SUBSEA And 2 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – REACH SUBSEA (REACH.OL), RYANAIR HOLD. PLC (RYA.IR), KITRON (KIT.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. REACH SUBSEA (REACH.OL)

71.2% sales growth and 18.34% return on equity

Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering. It also provides asset integrity/pipeline inspection, and engineering and project management services; reach remote services comprising survey, inspection, and IMR and seabed intervention; seabed survey services consisting of site surveys and geohazard investigation, pipeline inspection, seabed mapping, UXO, general, and route surveys; offshore cable; marine construction; and rig and mooring services. In addition, the company offers geophysical monitoring services, which include 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that comprise earthquake monitoring and prediction, C02 storage, and geothermal energy exploitation. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.

Earnings Per Share

As for profitability, REACH SUBSEA has a trailing twelve months EPS of kr0.59.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.47. Meaning, the purchaser of the share is investing kr6.47 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 18.34%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

REACH SUBSEA’s EBITDA is 1.02.

Moving Average

REACH SUBSEA’s worth is way under its 50-day moving average of kr4.28 and below its 200-day moving average of kr4.16.

Revenue Growth

Year-on-year quarterly revenue growth grew by 81.4%, now sitting on 1.27B for the twelve trailing months.

Sales Growth

REACH SUBSEA’s sales growth is 12.6% for the current quarter and 71.2% for the next.

More news about REACH SUBSEA.

2. RYANAIR HOLD. PLC (RYA.IR)

38.7% sales growth and 23.49% return on equity

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services; in-flight sale of beverages, food, duty-free, and merchandise; and marketing of car hire and accommodation services, and travel insurance through its website and mobile app. In addition, the company offers aircraft and passenger handling, ticketing, and maintenance and repair services; and markets car parking, fast-track, airport transfers, attractions, and activities on its website and mobile app, as well as sells gift vouchers. As of June 30, 2022, it had a principal fleet of approximately 483 Boeing 737 aircrafts and 29 Airbus A320 aircrafts; and offered approximately 3,000 short-haul flights per day serving approximately 225 airports. Ryanair Holdings plc was founded in 1985 and is headquartered in Swords, Ireland.

Earnings Per Share

As for profitability, RYANAIR HOLD. PLC has a trailing twelve months EPS of €1.2.

PE Ratio

RYANAIR HOLD. PLC has a trailing twelve months price to earnings ratio of 14.34. Meaning, the purchaser of the share is investing €14.34 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 23.49%.

Yearly Top and Bottom Value

RYANAIR HOLD. PLC’s stock is valued at €17.21 at 22:20 EST, under its 52-week high of €17.29 and way higher than its 52-week low of €10.09.

Volume

Today’s last reported volume for RYANAIR HOLD. PLC is 824873 which is 49.89% below its average volume of 1646310.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 150% and a drop 144.4% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

RYANAIR HOLD. PLC’s EBITDA is 316.69.

More news about RYANAIR HOLD. PLC.

3. KITRON (KIT.OL)

19.8% sales growth and 24.07% return on equity

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally. It manufactures electronics that are embedded in the customers' products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high level assembly lines, and environmental durability testing. Its services also comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance; and logistics and distribution services. The company was incorporated in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr2.23.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 19.15. Meaning, the purchaser of the share is investing kr19.15 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.07%.

Volume

Today’s last reported volume for KITRON is 70764 which is 88.06% below its average volume of 592682.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 1.22%.

More news about KITRON.

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