REACH SUBSEA And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – REACH SUBSEA (REACH.OL), NEOEN (NEOEN.PA), SEADRILL (SDRL.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)

96.2% sales growth and 26.05% 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 7.05. Meaning, the purchaser of the share is investing kr7.05 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 26.05%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

REACH SUBSEA’s EBITDA is 7.17.

Revenue Growth

Year-on-year quarterly revenue growth grew by 78.2%, now sitting on 1.85B for the twelve trailing months.

Volume

Today’s last reported volume for REACH SUBSEA is 132863 which is 44.85% below its average volume of 240916.

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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 €1.13.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 25.22. Meaning, the purchaser of the share is investing €25.22 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 7.39%.

Sales Growth

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

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3. SEADRILL (SDRL.OL)

46.1% sales growth and 8.93% return on equity

Seadrill Limited provides offshore contract drilling services to the oil and gas industry worldwide. It operates in three segments: Harsh Environment, Floaters, and Jack-ups Rigs. The company owns and operates drill ships, semi-submersible rigs, and jack-up rigs for operations in shallow and ultra-deep-water in benign and harsh environments. It serves oil super-majors, state-owned national oil companies, and independent oil and gas companies. Seadrill Limited was formerly known as Seadrill 2021 Limited. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.

Earnings Per Share

As for profitability, SEADRILL has a trailing twelve months EPS of kr619.72.

PE Ratio

SEADRILL has a trailing twelve months price to earnings ratio of 0.78. Meaning, the purchaser of the share is investing kr0.78 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 8.93%.

Sales Growth

SEADRILL’s sales growth is 57.9% for the present quarter and 46.1% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 58%, now sitting on 1.28B for the twelve trailing months.

Yearly Top and Bottom Value

SEADRILL’s stock is valued at kr486.00 at 21:20 EST, way under its 52-week high of kr550.00 and way higher than its 52-week low of kr297.95.

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4. ORKLA (ORK.OL)

17.8% sales growth and 12.71% return on equity

Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic and wool garments for men, women, and children; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnessmarket e-commerce portals for health and sports nutrition products; and restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, NATURLI', Abba, Beauvais, Den Gamle Fabrik, Spilva, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; health and sports nutrition under e Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, and Salvequick brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company was founded in 1918 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, ORKLA has a trailing twelve months EPS of kr5.37.

PE Ratio

ORKLA has a trailing twelve months price to earnings ratio of 15.03. Meaning, the purchaser of the share is investing kr15.03 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 12.71%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 1.5% and positive 16.7% for the next.

Sales Growth

ORKLA’s sales growth is 9.1% for the present quarter and 17.8% for the next.

Moving Average

ORKLA’s value is higher than its 50-day moving average of kr78.80 and above its 200-day moving average of kr78.70.

More news about ORKLA.

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

17.7% sales growth and 28.68% 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. operates as a subsidiary of Sociedade Francisco Manuel Dos Santos, S.G.P.S., S.A.

Earnings Per Share

As for profitability, J.MARTINS,SGPS has a trailing twelve months EPS of €1.16.

PE Ratio

J.MARTINS,SGPS has a trailing twelve months price to earnings ratio of 18.98. Meaning, the purchaser of the share is investing €18.98 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 28.68%.

Sales Growth

J.MARTINS,SGPS’s sales growth is 20.1% for the current quarter and 17.7% for the next.

Yearly Top and Bottom Value

J.MARTINS,SGPS’s stock is valued at €22.02 at 21:20 EST, way under its 52-week high of €27.10 and way above its 52-week low of €18.30.

Moving Average

J.MARTINS,SGPS’s value is way below its 50-day moving average of €25.16 and under its 200-day moving average of €22.05.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 13.8% and 29.6%, respectively.

More news about J.MARTINS,SGPS.

6. SCHLUMBERGER (SLB.PA)

10.8% sales growth and 22.62% return on equity

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Earnings Per Share

As for profitability, SCHLUMBERGER has a trailing twelve months EPS of €2.63.

PE Ratio

SCHLUMBERGER has a trailing twelve months price to earnings ratio of 18.36. Meaning, the purchaser of the share is investing €18.36 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 22.62%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 5, 2023, the estimated forward annual dividend rate is 0.93 and the estimated forward annual dividend yield is 1.97%.

More news about SCHLUMBERGER.

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