(VIANEWS) – SHELF DRILLING (SHLF.OL), RYANAIR HOLD. PLC (RYA.IR), NORBIT (NORBT.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. SHELF DRILLING (SHLF.OL)
767.5% sales growth and 3.67% return on equity
Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and North Sea. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells, and associated services using the rigs of the company's owned fleet and related equipment. It also provides catering, additional equipment and personnel, and consumables or accommodations at the request of the customer using third party vendors. It serves government owned or controlled energy companies, and publicly listed global integrated oil companies or independent exploration and production companies. The company owns various independent-leg cantilever jack-up rigs. Shelf Drilling, Ltd. was incorporated in 2012 and is headquartered in Dubai, the United Arab Emirates.
Earnings Per Share
As for profitability, SHELF DRILLING has a trailing twelve months EPS of kr1.32.
PE Ratio
SHELF DRILLING has a trailing twelve months price to earnings ratio of 16.11. Meaning, the purchaser of the share is investing kr16.11 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 3.67%.
Volume
Today’s last reported volume for SHELF DRILLING is 312660 which is 28.55% below its average volume of 437614.
Moving Average
SHELF DRILLING’s worth is below its 50-day moving average of kr22.39 and way under its 200-day moving average of kr25.97.
Sales Growth
SHELF DRILLING’s sales growth for the next quarter is 767.5%.
More news about SHELF DRILLING.
2. RYANAIR HOLD. PLC (RYA.IR)
38.7% sales growth and 28.92% return on equity
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Spain, Italy, and internationally. The company is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app. Furter, it 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. The company was incorporated in 1996 and is headquartered in Swords, Ireland.
Earnings Per Share
As for profitability, RYANAIR HOLD. PLC has a trailing twelve months EPS of €1.41.
PE Ratio
RYANAIR HOLD. PLC has a trailing twelve months price to earnings ratio of 10.07. Meaning, the purchaser of the share is investing €10.07 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 28.92%.
Sales Growth
RYANAIR HOLD. PLC’s sales growth for the next quarter is 38.7%.
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3. NORBIT (NORBT.OL)
35% sales growth and 21.94% return on equity
Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. Norbit ASA was founded in 1995 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, NORBIT has a trailing twelve months EPS of kr2.72.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 28.35. Meaning, the purchaser of the share is investing kr28.35 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 21.94%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.4%, now sitting on 1.55B for the twelve trailing months.
Volume
Today’s last reported volume for NORBIT is 28154 which is 83.73% below its average volume of 173072.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 7, 2024, the estimated forward annual dividend rate is 2.55 and the estimated forward annual dividend yield is 3.24%.
Moving Average
NORBIT’s value is above its 50-day moving average of kr74.82 and way higher than its 200-day moving average of kr64.76.
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