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

(VIANEWS) – REACH SUBSEA (REACH.OL), GPE GROUP PIZZORNO (GPE.PA), SALMAR (SALM.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)

20% sales growth and 29.96% 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 kr0.63.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 9.49. Meaning, the purchaser of the share is investing kr9.49 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 29.96%.

Yearly Top and Bottom Value

REACH SUBSEA’s stock is valued at kr5.98 at 07:20 EST, below its 52-week high of kr6.22 and way higher than its 52-week low of kr3.54.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 5.83%.

Sales Growth

REACH SUBSEA’s sales growth is 119.7% for the present quarter and 20% for the next.

Volume

Today’s last reported volume for REACH SUBSEA is 58545 which is 79.47% below its average volume of 285301.

More news about REACH SUBSEA.

2. GPE GROUP PIZZORNO (GPE.PA)

16.6% sales growth and 22.2% return on equity

Groupe Pizzorno Environnement provides environmental services primarily in France. It engages in the waste treatment; production and recycling of secondary raw materials, such as paper, metals, plastics, and glass; development of technologies and services for the recovery of bio-waste; production of heat and electricity from waste treatment; and collection of household waste, as well as offers cleanliness services. The company was founded in 1974 and is based in Draguignan, France.

Earnings Per Share

As for profitability, GPE GROUP PIZZORNO has a trailing twelve months EPS of €4.88.

PE Ratio

GPE GROUP PIZZORNO has a trailing twelve months price to earnings ratio of 14.22. Meaning, the purchaser of the share is investing €14.22 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 22.2%.

Moving Average

GPE GROUP PIZZORNO’s value is way above its 50-day moving average of €63.08 and way above its 200-day moving average of €57.22.

Yearly Top and Bottom Value

GPE GROUP PIZZORNO’s stock is valued at €69.40 at 07:20 EST, under its 52-week high of €75.00 and way above its 52-week low of €41.00.

More news about GPE GROUP PIZZORNO.

3. SALMAR (SALM.OL)

14.5% sales growth and 11.62% return on equity

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities. In addition, the company offers fish fillets and related products. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.

Earnings Per Share

As for profitability, SALMAR has a trailing twelve months EPS of kr6.51.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 104.38. Meaning, the purchaser of the share is investing kr104.38 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 11.62%.

More news about SALMAR.

4. SONAE (SON.LS)

10.5% sales growth and 9.35% return on equity

Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunications businesses. The company operates hypermarkets under the Continente brand; convenience supermarkets under the Continente Modelo and Continente Bom Dia brands; franchised supermarkets under the Meu Super brand; cafeteria under the Bagga brand; healthy food supermarkets and restaurants under the Go Natural brand; book shops and stationery under the Make Notes and Note! brands; health, well-being, and eye care centers under the Well´s brand; and dental and aesthetic medicine clinics under the Dr. Well's brand, as well as provides dog and cat products and services under the ZU brand. It also offers clothing, footwear, and accessories under the MO brand; baby and children clothing, footwear, and accessories, as well as childcare products under the Zippy and Losan brands; and jeans, clothing, and accessories under the Salsa brand. In addition, the company sells consumer electronics and entertainment products under the Worten brand; and mobile telecommunications products under the Worten Mobile brand, as well as develops real estate properties. Further, it offers payments, cards, personal loans, and insurance under the Universo brand; financing online purchases under the Universo Flex brand; and meal vouchers, gifting, and rewarding under the Da cards brand, as well as operates sports retail stores under JD, Sprinter, and Size? brand names. Additionally, the company provides telecommunication services to residential, personal, corporate, and wholesale markets; and investment management activities. It operates in Portugal, Spain, France, the United Kingdom, Germany, Italy, Romania, Brazil, Mexico, the Netherlands, and internationally. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal. Sonae, SGPS, S.A. operates as a subsidiary of Efanor Investimentos SGPS, SA.

Earnings Per Share

As for profitability, SONAE has a trailing twelve months EPS of €0.19.

PE Ratio

SONAE has a trailing twelve months price to earnings ratio of 4.75. Meaning, the purchaser of the share is investing €4.75 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 9.35%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SONAE’s EBITDA is 25.98.

Yearly Top and Bottom Value

SONAE’s stock is valued at €0.90 at 07:20 EST, way below its 52-week high of €1.06 and way above its 52-week low of €0.81.

Sales Growth

SONAE’s sales growth is 25.6% for the present quarter and 10.5% for the next.

Volume

Today’s last reported volume for SONAE is 668135 which is 60.1% below its average volume of 1674830.

More news about SONAE.

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