(VIANEWS) – SCATEC (SCATC.OL), PGS (PGS.OL), SPBK1 NORD-NORGE (NONG.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. SCATEC (SCATC.OL)
121.2% sales growth and 7.41% return on equity
Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, and construction, as well as operation, maintenance, and asset management of power plants. It has a total of 4.2 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, SCATEC has a trailing twelve months EPS of kr2.01.
PE Ratio
SCATEC has a trailing twelve months price to earnings ratio of 40.05. Meaning, the purchaser of the share is investing kr40.05 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 7.41%.
More news about SCATEC.
2. PGS (PGS.OL)
51.4% sales growth and 8.65% return on equity
Earnings Per Share
As for profitability, PGS has a trailing twelve months EPS of kr0.42.
PE Ratio
PGS has a trailing twelve months price to earnings ratio of 21.48. Meaning, the purchaser of the share is investing kr21.48 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 8.65%.
Sales Growth
PGS’s sales growth is 34.3% for the current quarter and 51.4% for the next.
More news about PGS.
3. SPBK1 NORD-NORGE (NONG.OL)
16.3% sales growth and 16.76% return on equity
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market and Corporate Market segments. The company offers mortgage, car, boat, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers accounting services, real estate brokerage, and leasing/sale-leaseback financing, internet banking, and mobile services. SpareBank 1 Nord-Norge was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr12.37.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.64. Meaning, the purchaser of the share is investing kr8.64 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 16.76%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 6.56%.
More news about SPBK1 NORD-NORGE.
4. AIRBUS (AIR.PA)
9.8% sales growth and 22.57% return on equity
Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment develops, manufactures, markets, and sells civil and military helicopters; and provides helicopter-related services. The Airbus Defence and Space segment designs, develops, delivers, and supports military air systems and related services. This segment also offers civil and defence space systems for telecommunications, earth observations, navigation, and science and orbital systems; missile and space launcher systems; and services around data processing from platforms, secure communication, and cyber security. The company was formerly known as Airbus Group SE and changed its name to Airbus SE in April 2017. Airbus SE was incorporated in 1998 and is headquartered in Leiden, the Netherlands.
Earnings Per Share
As for profitability, AIRBUS has a trailing twelve months EPS of €3.9.
PE Ratio
AIRBUS has a trailing twelve months price to earnings ratio of 33.82. Meaning, the purchaser of the share is investing €33.82 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 22.57%.
Moving Average
AIRBUS’s value is under its 50-day moving average of €143.22 and way under its 200-day moving average of €146.64.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 68.2% and positive 0.8% for the next.
More news about AIRBUS.
5. PROTECTOR FORSIKRG (PROT.OL)
8.1% sales growth and 31.31% return on equity
Protector Forsikring ASA, operates as a non-life insurance company, provides various insurance products to the commercial and public sectors, and the grouped insurance schemes 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 insurance, including personal and collective accident, critical illness, group life, health, and travel insurance; motor insurance; property insurance; and liability insurance. It sells its products through insurance brokers and agents. 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 kr16.54.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 14.36. Meaning, the purchaser of the share is investing kr14.36 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 31.31%.
Sales Growth
PROTECTOR FORSIKRG’s sales growth is 18.1% for the ongoing quarter and 8.1% for the next.
Yearly Top and Bottom Value
PROTECTOR FORSIKRG’s stock is valued at kr237.50 at 02:20 EST, way under its 52-week high of kr265.00 and way above its 52-week low of kr160.00.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 3564.3% and a drop 48.2% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 32.4%, now sitting on 11.18B for the twelve trailing months.
More news about PROTECTOR FORSIKRG.
