SALMAR And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

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

34.9% sales growth and 6.75% 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 kr6.75.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 83.97. Meaning, the purchaser of the share is investing kr83.97 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 6.75%.

Yearly Top and Bottom Value

SALMAR’s stock is valued at kr566.80 at 17:20 EST, under its 52-week high of kr621.00 and way above its 52-week low of kr305.00.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 9, 2023, the estimated forward annual dividend rate is 20 and the estimated forward annual dividend yield is 3.6%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 29.9% and positive 9.1% for the next.

More news about SALMAR.

2. CTP (CTPNV.AS)

20.8% sales growth and 14.49% return on equity

CTP N.V. owns, develops, manages, and leases logistics and industrial real estate properties in Central, Western, and Eastern Europe. The company offers various building for small and growing businesses, global enterprises, built to suit, and other offices. It also develops urban parks which are harbour mixed-use building and space types, such as premium offices, retail stores, office services, public spaces, and other amenities. CTP N.V. was founded in 1998 and is based in Amsterdam, the Netherlands. CTP N.V. is a subsidiary of CTP Holding B.V.

Earnings Per Share

As for profitability, CTP has a trailing twelve months EPS of €1.73.

PE Ratio

CTP has a trailing twelve months price to earnings ratio of 7.47. Meaning, the purchaser of the share is investing €7.47 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 14.49%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.4%, now sitting on 630.91M for the twelve trailing months.

Sales Growth

CTP’s sales growth for the next quarter is 20.8%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 14, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 3.71%.

Moving Average

CTP’s value is above its 50-day moving average of €12.55 and above its 200-day moving average of €12.28.

More news about CTP.

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

13.8% sales growth and 14.07% 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 €1.59.

PE Ratio

ING GROEP N.V. has a trailing twelve months price to earnings ratio of 8.23. Meaning, the purchaser of the share is investing €8.23 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 14.07%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 7, 2023, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 5.5%.

Sales Growth

ING GROEP N.V.’s sales growth is 25.6% for the ongoing quarter and 13.8% for the next.

Volume

Today’s last reported volume for ING GROEP N.V. is 3582240 which is 68.38% below its average volume of 11330400.

More news about ING GROEP N.V..

4. ODFJELL DRILLING (ODL.OL)

13.8% sales growth and 4.35% return on equity

Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates in two segments, Own Fleet and External Fleet. It offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is headquartered in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Holding Ltd.

Earnings Per Share

As for profitability, ODFJELL DRILLING has a trailing twelve months EPS of kr2.27.

PE Ratio

ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 15.55. Meaning, the purchaser of the share is investing kr15.55 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 4.35%.

Moving Average

ODFJELL DRILLING’s value is higher than its 50-day moving average of kr32.35 and way higher than its 200-day moving average of kr27.46.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 46.2% and a drop 50.4% for the next.

More news about ODFJELL DRILLING.

5. DNB BANK (DNB.OL)

12% sales growth and 15.02% return on equity

DNB Bank ASA provides financial services for retail and corporate customers in Norway and internationally. The company offers personal banking products and services, including savings and investment products; loans, such as home mortgages, and car and consumer loans; pet, home and property, travel, and personal insurance products, as well as insurance products for vehicles; retirement savings products; foreign exchange and treasury activities; and Internet and mobile banking services, as well as cards. It also provides business banking products and services comprising savings and investment products consisting of savings accounts, fixed rate deposits, exchange traded products, bonds and commercial papers, asset management, and equity services; financing, such as installment loans, overdraft facility, bank guarantees, leasing, factoring, and trade and export financing services; transaction banking services; research, commodities, bonds and commercial papers, corporate finance, debt capital market, equities, foreign exchange and interest rates, and securities services; and Internet services, including online equity trading, online FX trading, e-confirmation, equities execution, and investor and margin accounts, as well as pension services. In addition, the company provides investment banking services, such as mergers and acquisition, and equity and debt capital market services; foreign exchange, interest rates, equities, commodities, fixed income, research, private equity, and securities services; and corporate banking services. Further, it offers private banking services. The company offers its products and services to various sectors, including energy; financial institutions; healthcare; manufacturing; packaging and forest products; seafood; shipping, offshore, and logistics; and telecom, media, and technology. DNB Bank ASA was founded in 1822 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, DNB BANK has a trailing twelve months EPS of kr23.28.

PE Ratio

DNB BANK has a trailing twelve months price to earnings ratio of 9.34. Meaning, the purchaser of the share is investing kr9.34 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 15.02%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 16.6%, now sitting on 74.07B for the twelve trailing months.

Moving Average

DNB BANK’s value is higher than its 50-day moving average of kr202.30 and way above its 200-day moving average of kr193.35.

Volume

Today’s last reported volume for DNB BANK is 686469 which is 51.17% below its average volume of 1406070.

More news about DNB BANK.

6. SANDNES SPAREBANK (SADG.OL)

12% sales growth and 8.32% return on equity

Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate. The company offers fixed rate deposits, deposit accounts, BSU, and tax withholding and other accounts; child, death, income, critical illness, disability, car, home, cabin, contents, UNG, and other insurance products; and pension solutions. It also provides bank guarantee, overdrafts, leasing, construction and business loans, factoring and invoice sales; fixed interest, mortgage, car, and other vehicle loans, as well as small loans and refinancing, and green loans; bank and credit cards; various loans and guarantees; and mobile and internet banking services. In addition, the company offers real estate brokerage and general investment advisory services. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway.

Earnings Per Share

As for profitability, SANDNES SPAREBANK has a trailing twelve months EPS of kr5.16.

PE Ratio

SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 15.97. Meaning, the purchaser of the share is investing kr15.97 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 8.32%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.05 and the estimated forward annual dividend yield is 7.12%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 650.99M for the twelve trailing months.

More news about SANDNES SPAREBANK.

7. BOUVET (BOUV.OL)

9.7% sales growth and 60.9% return on equity

Bouvet ASA provides IT and digital communication consultancy services for public and private sector companies in Norway, Sweden, and internationally. Bouvet ASA was founded in 1995 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, BOUVET has a trailing twelve months EPS of kr3.09.

PE Ratio

BOUVET has a trailing twelve months price to earnings ratio of 18.48. Meaning, the purchaser of the share is investing kr18.48 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 60.9%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 24, 2023, the estimated forward annual dividend rate is 2.5 and the estimated forward annual dividend yield is 4.08%.

Yearly Top and Bottom Value

BOUVET’s stock is valued at kr57.10 at 17:20 EST, way under its 52-week high of kr70.00 and higher than its 52-week low of kr52.00.

More news about BOUVET.

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