(VIANEWS) – SKUE SPAREBANK (SKUE.OL), AIRBUS (AIR.PA), SPAREBANKEN ØST (SPOG.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. SKUE SPAREBANK (SKUE.OL)
35.3% sales growth and 9.59% return on equity
Skue Sparebank provides various banking products and services for individual and business in Norway. The company offers operating, tax deduction, capital, client, deposit, and group accounts; business, construction, consumer, car, other vehicle, and small loans, as well as mortgage, bank guarantee, factoring, overdraft, and leasing services; and home and leisure, car and other vehicles, animal, company and employees, agriculture insurance products. It also provides savings and pension products; and online and mobile banking, bank card, and payment services. The company was formerly known as Nes Prestegjelds Sparebank and changed its name to Skue Sparebank in October 2013. Skue Sparebank was founded in 1842 and is based in Geilo, Norway.
Earnings Per Share
As for profitability, SKUE SPAREBANK has a trailing twelve months EPS of kr100.27.
PE Ratio
SKUE SPAREBANK has a trailing twelve months price to earnings ratio of 2.38. Meaning, the purchaser of the share is investing kr2.38 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 9.59%.
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2. AIRBUS (AIR.PA)
30.3% sales growth and 35.7% 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 €4.95.
PE Ratio
AIRBUS has a trailing twelve months price to earnings ratio of 32.22. Meaning, the purchaser of the share is investing €32.22 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 35.7%.
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3. SPAREBANKEN ØST (SPOG.OL)
18.3% sales growth and 9.08% return on equity
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; current accounts; home mortgage loans; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, and leisure insurance products, as well as life and health insurance products; and shares and funds trading services. In addition, the company buys, sells, and stores cryptocurrencies, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr7.75.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 6.91. Meaning, the purchaser of the share is investing kr6.91 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 9.08%.
Sales Growth
SPAREBANKEN ØST’s sales growth is 16.8% for the present quarter and 18.3% for the next.
Volume
Today’s last reported volume for SPAREBANKEN ØST is 5975 which is 66.28% below its average volume of 17723.
Moving Average
SPAREBANKEN ØST’s value is below its 50-day moving average of kr53.66 and higher than its 200-day moving average of kr50.47.
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4. JÆREN SPAREBANK (JAREN.OL)
6.1% sales growth and 9.92% return on equity
Jæren Sparebank provides various financial products and services to individuals and businesses in Norway. It offers savings accounts, house savings, trusts savings, and pension accounts. The company also provides vehicle loans, mortgages, personal loans, and refinancing services; and bank guarantees, construction loans, overdrafts, leasing, and business loans. In addition, it offers car, personal, animal, health, home, private, business, employee, and agricultural insurance products, as well as online and mobile banking, credit and debit cards, payment solutions, digital identification, and asset management services. The company is headquartered in Bryne, Norway.
Earnings Per Share
As for profitability, JÆREN SPAREBANK has a trailing twelve months EPS of kr25.4.
PE Ratio
JÆREN SPAREBANK has a trailing twelve months price to earnings ratio of 11.02. Meaning, the purchaser of the share is investing kr11.02 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 9.92%.
Volume
Today’s last reported volume for JÆREN SPAREBANK is 310 which is 12.92% below its average volume of 356.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13%, now sitting on 496.91M for the twelve trailing months.
Moving Average
JÆREN SPAREBANK’s worth is above its 50-day moving average of kr272.87 and higher than its 200-day moving average of kr261.40.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 5, 2024, the estimated forward annual dividend rate is 16 and the estimated forward annual dividend yield is 5.82%.
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