(VIANEWS) – SALMAR (SALM.OL), RYANAIR HOLD. PLC (RYA.IR), SPAREBANKEN MØRE (MORG.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. SALMAR (SALM.OL)
60.1% sales growth and 18.21% return on equity
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production activities; and marine-phase farming, harvesting, packaging, processing, and selling farmed salmon. The company sells its products to importers/exporters, processing companies, and retail chains through in-house sales force and/or through partners. 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 kr33.91.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 13.21. Meaning, the purchaser of the share is investing kr13.21 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 18.21%.
Sales Growth
SALMAR’s sales growth is 19.6% for the ongoing quarter and 60.1% for the next.
More news about SALMAR.
2. RYANAIR HOLD. PLC (RYA.IR)
38.7% sales growth and 24.39% 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 €1.19.
PE Ratio
RYANAIR HOLD. PLC has a trailing twelve months price to earnings ratio of 12.13. Meaning, the purchaser of the share is investing €12.13 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 24.39%.
Yearly Top and Bottom Value
RYANAIR HOLD. PLC’s stock is valued at €14.43 at 02:20 EST, under its 52-week high of €15.75 and way higher than its 52-week low of €10.09.
Volume
Today’s last reported volume for RYANAIR HOLD. PLC is 596103 which is 67.35% below its average volume of 1825840.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 150% and a drop 144.4% for the next.
More news about RYANAIR HOLD. PLC.
3. SPAREBANKEN MØRE (MORG.OL)
32% sales growth and 9.92% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Møre og Romsdal, Norway. It operates through Corporate, Retail, and Real Estate Brokerage segments. The company offers services in the areas of funding, deposits and other forms of investments, asset management, financial advisory, money transfer, currency and interest rate trading, 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.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 5.13. Meaning, the purchaser of the share is investing kr5.13 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 9.92%.
Yearly Top and Bottom Value
SPAREBANKEN MØRE’s stock is valued at kr76.89 at 02:20 EST, way under its 52-week high of kr91.00 and way above its 52-week low of kr67.98.
Moving Average
SPAREBANKEN MØRE’s value is below its 50-day moving average of kr82.26 and higher than its 200-day moving average of kr76.66.
Revenue Growth
Year-on-year quarterly revenue growth grew by 42%, now sitting on 1.76B for the twelve trailing months.
Volume
Today’s last reported volume for SPAREBANKEN MØRE is 505591 which is 2930.39% above its average volume of 16684.
More news about SPAREBANKEN MØRE.
4. PROTECTOR FORSIKRG (PROT.OL)
16.2% sales growth and 24.06% return on equity
Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr9.85.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 14.62. Meaning, the purchaser of the share is investing kr14.62 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 24.06%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 44.8%, now sitting on 6.2B for the twelve trailing months.
More news about PROTECTOR FORSIKRG.
