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

(VIANEWS) – REACH SUBSEA (REACH.OL), SPAREBANKEN MØRE (MORG.OL), KBC (KBC.BR) 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 7.17. Meaning, the purchaser of the share is investing kr7.17 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%.

Volume

Today’s last reported volume for REACH SUBSEA is 22179 which is 90.81% below its average volume of 241422.

Sales Growth

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

Moving Average

REACH SUBSEA’s worth is below its 50-day moving average of kr4.28 and higher than its 200-day moving average of kr4.13.

More news about REACH SUBSEA.

2. SPAREBANKEN MØRE (MORG.OL)

34.3% 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 4.88. Meaning, the purchaser of the share is investing kr4.88 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%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 30, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 5.32%.

Moving Average

SPAREBANKEN MØRE’s value is below its 50-day moving average of kr78.18 and below its 200-day moving average of kr77.11.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 72% and positive 34.8% for the next.

Volume

Today’s last reported volume for SPAREBANKEN MØRE is 6737 which is 87.05% below its average volume of 52028.

More news about SPAREBANKEN MØRE.

3. KBC (KBC.BR)

27.2% sales growth and 13.72% return on equity

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services. It also provides digital and mobile banking services. The company was formerly known as KBC Bank and Insurance Holding Company NV and changed its name to KBC Group NV in March 2005. KBC Group NV was incorporated in 1935 and is headquartered in Brussels, Belgium.

Earnings Per Share

As for profitability, KBC has a trailing twelve months EPS of €7.49.

PE Ratio

KBC has a trailing twelve months price to earnings ratio of 8.26. Meaning, the purchaser of the share is investing €8.26 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 13.72%.

Volume

Today’s last reported volume for KBC is 79160 which is 89.54% below its average volume of 756878.

Revenue Growth

Year-on-year quarterly revenue growth grew by 23.1%, now sitting on 8.81B for the twelve trailing months.

Sales Growth

KBC’s sales growth for the next quarter is 27.2%.

More news about KBC.

4. BOUYGUES (EN.PA)

16.5% sales growth and 8.4% return on equity

Bouygues SA, together with its subsidiaries, operates in the construction, energy, telecom, and media sectors in France and internationally. The company designs, builds, renovates, operates, and deconstructs building, infrastructure, and industrial projects; develops urban planning, residential, and commercial projects; builds and maintains roads and motorways, airport runways, ports, industrial logistics hubs, external works and amenities, reserved-lane public transport, recreational facilities, and environmental projects, as well as undertakes civil engineering, road safety, and signaling activities; produces, distributes, sells, and recycles aggregates, emulsions, asphalt mixes, ready-mix concrete, and bitumen; construction, renewal, and maintenance of rail networks; and installation and maintenance of pipes and pipelines. It also produces TF1, TMC, TFX, TF1, and LCI complementary TV channels; operates TV Breizh, Histoire TV, Ushuaïa TV and Serieclub channels; produces, broadcasts, and distributes content; operates la seine musicale entertainment and concert venue; produces cinemas; and entertainment and leisure comprising licenses and publishes boards games, as well as music production and live events. Further, it offers telecom services; mobile and fixed network services; and Bbox Fibre, an internet box. Additionally, the company provides design, installation, and maintenance services in various fields that include cooling and fire protection, facility management, digital and ICT, electrical, and mechanical and robotics, as well as heating, ventilation, and air conditioning. The company was founded in 1952 and is based in Paris, France.

Earnings Per Share

As for profitability, BOUYGUES has a trailing twelve months EPS of €2.55.

PE Ratio

BOUYGUES has a trailing twelve months price to earnings ratio of 11.91. Meaning, the purchaser of the share is investing €11.91 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 8.4%.

Yearly Top and Bottom Value

BOUYGUES’s stock is valued at €30.38 at 07:20 EST, below its 52-week high of €33.26 and way above its 52-week low of €25.73.

More news about BOUYGUES.

5. WEBSTEP (WSTEP.OL)

11.6% sales growth and 11.66% return on equity

Webstep ASA, together with its subsidiaries, provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. The company offers digitalization, cloud migration and integration, Internet of Things, machine learning, IT security, robotics, and analytics. Its services include consulting, digitalization, .Net, Java, open source, full stack, front and back end, user experience, integration, mobility, cloud apps, machine learning, business intelligence, big data, data warehousing, virtual robotics, Devops, application service management, and data science services; and cloud computing, cloud services, integration, sensor technology, product and service development, Beacons, enterprise user experience, web analysis, design team, Amazon Web, Azure, prediction, AI, mobility predictive modelling, predictive modelling, hackathon, business analysis, and search engine optimization services. The company serves banking, finance and insurance, public administration, agriculture and food production, IT and telecommunication, commerce, and transportation industries. The company was founded in 2000 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, WEBSTEP has a trailing twelve months EPS of kr1.4.

PE Ratio

WEBSTEP has a trailing twelve months price to earnings ratio of 21.5. Meaning, the purchaser of the share is investing kr21.5 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 11.66%.

Volume

Today’s last reported volume for WEBSTEP is 359244 which is 1915.28% above its average volume of 17826.

Sales Growth

WEBSTEP’s sales growth is 16.7% for the present quarter and 11.6% for the next.

More news about WEBSTEP.

6. ASML HOLDING (ASML.AS)

10.4% sales growth and 74.04% return on equity

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to assess the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and lithography process and control software solutions; and refurbishes and upgrades older lithography systems, as well as offers customer support and associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.

Earnings Per Share

As for profitability, ASML HOLDING has a trailing twelve months EPS of €17.32.

PE Ratio

ASML HOLDING has a trailing twelve months price to earnings ratio of 39.3. Meaning, the purchaser of the share is investing €39.3 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 74.04%.

Sales Growth

ASML HOLDING’s sales growth is 22.9% for the present quarter and 10.4% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 9.5 and the estimated forward annual dividend yield is 1.46%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 90.9%, now sitting on 24.39B for the twelve trailing months.

Yearly Top and Bottom Value

ASML HOLDING’s stock is valued at €680.60 at 07:20 EST, below its 52-week high of €688.00 and way higher than its 52-week low of €375.75.

More news about ASML HOLDING.

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