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

(VIANEWS) – SALMAR (SALM.OL), ING GROEP N.V. (INGA.AS), MOWI (MOWI.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)

55.4% sales growth and 20.22% 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, Sales & Industry, Icelandic Salmon, and SalMar Aker Ocean segments. It is involved in the broodstock, lumpfish, and smolt production activities; and marine-phase farming, harvesting, processing, and selling farmed salmon. 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 kr30.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 15.16. Meaning, the purchaser of the share is investing kr15.16 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 20.22%.

Volume

Today’s last reported volume for SALMAR is 97433 which is 66.58% below its average volume of 291617.

Revenue Growth

Year-on-year quarterly revenue growth grew by 45%, now sitting on 22.13B for the twelve trailing months.

Yearly Top and Bottom Value

SALMAR’s stock is valued at kr454.90 at 02:20 EST, way below its 52-week high of kr727.50 and way above its 52-week low of kr305.00.

Moving Average

SALMAR’s value is under its 50-day moving average of kr455.95 and above its 200-day moving average of kr436.07.

More news about SALMAR.

2. ING GROEP N.V. (INGA.AS)

24.2% sales growth and 25.17% return on equity

ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ING GROEP N.V. has a trailing twelve months EPS of €1.37.

PE Ratio

ING GROEP N.V. has a trailing twelve months price to earnings ratio of 8.83. Meaning, the purchaser of the share is investing €8.83 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 25.17%.

Yearly Top and Bottom Value

ING GROEP N.V.’s stock is valued at €12.09 at 02:20 EST, way under its 52-week high of €13.55 and way higher than its 52-week low of €8.43.

More news about ING GROEP N.V..

3. MOWI (MOWI.OL)

20.3% sales growth and 24.25% return on equity

Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, MOWI has a trailing twelve months EPS of kr19.52.

PE Ratio

MOWI has a trailing twelve months price to earnings ratio of 9.47. Meaning, the purchaser of the share is investing kr9.47 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 24.25%.

Volume

Today’s last reported volume for MOWI is 116903 which is 88.84% below its average volume of 1048190.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MOWI’s EBITDA is 24.14.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 233.6% and 167.4%, respectively.

More news about MOWI.

4. EDP RENOVAVEIS (EDPR.LS)

20.1% sales growth and 7.23% return on equity

EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electric power generation plants. The company operates wind and solar farms. As of December 31, 2021, it had an installed capacity of 5,908 megawatts in the United States; 2,194 megawatts in Spain; 795 megawatts in Brazil; and 1,142 megawatts in Portugal. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. operates as a subsidiary of EDP-Energias de Portugal, S.A.

Earnings Per Share

As for profitability, EDP RENOVAVEIS has a trailing twelve months EPS of €0.64.

PE Ratio

EDP RENOVAVEIS has a trailing twelve months price to earnings ratio of 30.41. Meaning, the purchaser of the share is investing €30.41 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 7.23%.

Moving Average

EDP RENOVAVEIS’s value is under its 50-day moving average of €20.18 and under its 200-day moving average of €21.19.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 90.6% and a negative 14.3%, respectively.

More news about EDP RENOVAVEIS.

5. LERØY SEAFOOD GP (LSG.OL)

10.7% sales growth and 15.65% return on equity

Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products worldwide. It operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales and Distribution. The company offers smoked and gravad salmon, and trout products; farmed and wild catch whole fishes; fillets and portions; ready-to-eat and ready-to-cook products; fish blocks and cubes; breaded products; pre-fried fish burgers and patties; crustaceans and molluscs; seaweeds; and other products. Lerøy Seafood Group ASA markets its products primarily under the Norway Seafoods, Arctic Supreme, Fjord trout, Aurora Salmon, Fossen, Sea Eagle, Lerøy, and M?r brands to shops, restaurants, canteens, and hotels. The company was founded in 1899 and is headquartered in Bergen, Norway. Lerøy Seafood Group ASA is a subsidiary of Austevoll Seafood ASA.

Earnings Per Share

As for profitability, LERØY SEAFOOD GP has a trailing twelve months EPS of kr5.17.

PE Ratio

LERØY SEAFOOD GP has a trailing twelve months price to earnings ratio of 8.87. Meaning, the purchaser of the share is investing kr8.87 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 15.65%.

More news about LERØY SEAFOOD GP.

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