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REACH SUBSEA And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – REACH SUBSEA (REACH.OL), BW LPG (BWLPG.OL), SPBK1 NORD-NORGE (NONG.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 kr0.58.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.71. Meaning, the purchaser of the share is investing kr6.71 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%.

Moving Average

REACH SUBSEA’s worth is below its 50-day moving average of kr3.96 and under its 200-day moving average of kr4.17.

More news about REACH SUBSEA.

2. BW LPG (BWLPG.OL)

31.1% sales growth and 20.16% return on equity

BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. The company operates through Shipping and Product Services segments. It is involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. The company also offers integrated liquified petroleum gas (LPG) delivery services directly to buyers and receivers. It owns and operates LPG vessels and a fleet of very large gas carriers. The company was formerly known as BW Gas LPG Holding Limited and changed its name to BW LPG Limited in September 2013. BW LPG Limited was founded in 1935 and is headquartered in Singapore.

Earnings Per Share

As for profitability, BW LPG has a trailing twelve months EPS of kr22.34.

PE Ratio

BW LPG has a trailing twelve months price to earnings ratio of 4.65. Meaning, the purchaser of the share is investing kr4.65 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 20.16%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 26, 2023, the estimated forward annual dividend rate is 39.9 and the estimated forward annual dividend yield is 37.97%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 206.6%, now sitting on 2.17B for the twelve trailing months.

More news about BW LPG.

3. SPBK1 NORD-NORGE (NONG.OL)

30.3% sales growth and 13.71% return on equity

SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.

Earnings Per Share

As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr9.47.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 10.12. Meaning, the purchaser of the share is investing kr10.12 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 13.71%.

More news about SPBK1 NORD-NORGE.

4. SPAREBANKEN MØRE (MORG.OL)

28.7% sales growth and 10.71% return on equity

Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.

Earnings Per Share

As for profitability, SPAREBANKEN MØRE has a trailing twelve months EPS of kr15.52.

PE Ratio

SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 4.84. Meaning, the purchaser of the share is investing kr4.84 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 10.71%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 36.5% and 37.4%, respectively.

Volume

Today’s last reported volume for SPAREBANKEN MØRE is 5239 which is 91.43% below its average volume of 61198.

Sales Growth

SPAREBANKEN MØRE’s sales growth is 34.1% for the present quarter and 28.7% for the next.

Moving Average

SPAREBANKEN MØRE’s value is under its 50-day moving average of kr76.09 and below its 200-day moving average of kr77.95.

More news about SPAREBANKEN MØRE.

5. J.MARTINS,SGPS (JMT.LS)

15% sales growth and 24.85% return on equity

Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia. The company also operates supermarkets under the Pingo Doce banner; and cash and carry stores under the Recheio name in Portugal. In addition, it operates restaurants under the Pingo Doce name; Bem-Estar pharmacies; petrol stations; and clothing under Code brand. Further, the company operates kiosks and coffee shops under the Jeronymo name; and chocolates and confectionary retail stores under Hussel name. Additionally, the company engages in human resources top management, real estate management and administration, training, and saline brackish waters aquaculture; wholesale of fruit and vegetables; retail management, consultancy, and logistics activities; the purchase and sale of real estate; growing of crops and farming of animals; retail sale of health and beauty products; manufacture of milk and dairy products; and provision of economic and accounting, business portfolio management, financial, and sea passenger water transport services. It is also involved in the trading and distribution of consumer goods; retail and wholesale of non-food products; other business support service activities; and provision of services in the area of wholesale and retail distribution. The company was founded in 1792 and is headquartered in Lisbon, Portugal. Jerónimo Martins, SGPS, S.A. is a subsidiary of Sociedade Francisco Manuel dos Santos, SGPS, S.E.

Earnings Per Share

As for profitability, J.MARTINS,SGPS has a trailing twelve months EPS of €1.02.

PE Ratio

J.MARTINS,SGPS has a trailing twelve months price to earnings ratio of 26.33. Meaning, the purchaser of the share is investing €26.33 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 24.85%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

J.MARTINS,SGPS’s EBITDA is 33.41.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 10.3% and 29.6%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 23.4%, now sitting on 26.68B for the twelve trailing months.

Yearly Top and Bottom Value

J.MARTINS,SGPS’s stock is valued at €26.86 at 12:20 EST, below its 52-week high of €27.10 and way higher than its 52-week low of €18.30.

More news about J.MARTINS,SGPS.

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