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

(VIANEWS) – SHELF DRILLING (SHLF.OL), PGS (PGS.OL), NEOEN (NEOEN.PA) 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%.

More news about SHELF DRILLING.

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%.

Yearly Top and Bottom Value

PGS’s stock is valued at kr9.02 at 17:20 EST, way below its 52-week high of kr10.44 and way above its 52-week low of kr5.12.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 566.7% and 310%, respectively.

Volume

Today’s last reported volume for PGS is 5984920 which is 41.04% above its average volume of 4243230.

Moving Average

PGS’s value is above its 50-day moving average of kr8.52 and above its 200-day moving average of kr8.26.

More news about PGS.

3. NEOEN (NEOEN.PA)

48.5% sales growth and 3.27% return on equity

Neoen S.A., an independent renewable energy production company, engages in the development and operation of renewable energy power plants. The company operates through Solar Power, Wind Power, Storage, Farm-Down, Development and Investments, and Eliminations segments. It operates in Argentina, Australia, Canada, Ecuador, the United States, Finland, France, Ireland, Italy, Jamaica, Mexico, Mozambique, Portugal, El Salvador, Sweden, and Zambia. Neoen S.A. was incorporated in 2008 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, NEOEN has a trailing twelve months EPS of €0.94.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 27.91. Meaning, the purchaser of the share is investing €27.91 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 3.27%.

Moving Average

NEOEN’s worth is way under its 50-day moving average of €36.49 and way below its 200-day moving average of €29.28.

Yearly Top and Bottom Value

NEOEN’s stock is valued at €26.24 at 17:20 EST, way under its 52-week high of €38.54 and way above its 52-week low of €21.80.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 20, 2024, the estimated forward annual dividend rate is 0.15 and the estimated forward annual dividend yield is 0.39%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 7.7%, now sitting on 503.1M for the twelve trailing months.

More news about NEOEN.

4. SALMAR (SALM.OL)

10.5% sales growth and 7.71% 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 Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities. In addition, the company offers fish fillets and related products. 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 kr13.16.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 46.05. Meaning, the purchaser of the share is investing kr46.05 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 7.71%.

More news about SALMAR.

5. 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 33.97. Meaning, the purchaser of the share is investing €33.97 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%.

More news about AIRBUS.

Leave a Reply

Your email address will not be published. Required fields are marked *