(VIANEWS) – SPAREBANK 1 SR-BK (SRBNK.OL), SPAREBANKEN VEST (SVEG.OL), SPBK1 RINGERIKE (RING.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. SPAREBANK 1 SR-BK (SRBNK.OL)
20.7% sales growth and 15.14% return on equity
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers primarily in Rogaland, Agder, Vestland, Oslo, and Viken. The company operates through Retail Customers, SME & Agriculture, and Large Corporates segments. It offers savings, loans, insurance, and pension products. The company also provides account and payment, international cash management, foreign exchange, administrative securities, accounting, estate agency, payroll, HR, securities trading, and investment services; green loans; credit cards; consulting; home financing; commercial properties for leasing; and banking services. In addition, it facilitates and advises debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It serves retail and corporate, SME, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr17.22.
PE Ratio
SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 7.43. Meaning, the purchaser of the share is investing kr7.43 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 15.14%.
Volume
Today’s last reported volume for SPAREBANK 1 SR-BK is 134976 which is 16.83% below its average volume of 162294.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 4.1% and 3.8%, respectively.
Yearly Top and Bottom Value
SPAREBANK 1 SR-BK’s stock is valued at kr128.00 at 22:20 EST, way under its 52-week high of kr142.60 and way above its 52-week low of kr116.30.
More news about SPAREBANK 1 SR-BK.
2. SPAREBANKEN VEST (SVEG.OL)
18.1% sales growth and 17.74% return on equity
Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in home mortgage activities. Sparebanken Vest was founded in 1823 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN VEST has a trailing twelve months EPS of kr14.01.
PE Ratio
SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 8.84. Meaning, the purchaser of the share is investing kr8.84 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 17.74%.
Moving Average
SPAREBANKEN VEST’s worth is below its 50-day moving average of kr124.11 and way higher than its 200-day moving average of kr112.47.
Volume
Today’s last reported volume for SPAREBANKEN VEST is 64564 which is 5.22% below its average volume of 68120.
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3. SPBK1 RINGERIKE (RING.OL)
17.2% sales growth and 10.18% return on equity
SpareBank 1 Ringerike Hadeland, a regional savings bank, provides various banking products and services to private and corporate customers in Norway. The company accepts various deposits, including savings, current, deposit, and currency accounts. It also provides business, vehicle, and construction loans; financing services, such as agricultural operating credit, factoring, overdraft, and leasing; bank guarantees; insurance products, including business, personal, and agricultural insurance products; pension products; and savings and investment products. In addition, the company offers debit and credit cards, as well as mobile and online banking services. Further, it provides real estate brokerage services; and accounting, payroll, and counselling services. The company offers its services through its digital platforms and customer centers. SpareBank 1 Ringerike Hadeland was founded in 1833 and is headquartered in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr30.25.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 9.62. Meaning, the purchaser of the share is investing kr9.62 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 10.18%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 5.2%, now sitting on 1.07B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 21, 2024, the estimated forward annual dividend rate is 20 and the estimated forward annual dividend yield is 6.69%.
Sales Growth
SPBK1 RINGERIKE’s sales growth is 23.3% for the current quarter and 17.2% for the next.
Moving Average
SPBK1 RINGERIKE’s value is under its 50-day moving average of kr295.99 and below its 200-day moving average of kr300.95.
More news about SPBK1 RINGERIKE.
4. PERNOD RICARD (RI.PA)
7.9% sales growth and 12.18% return on equity
Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No. 40, Malfy, Malibu, Martell, Method & Madness, Midleton Very Rare, Minttu, Monkey 47, Mumm, Olmeca, Ostoya, Passport Scotch, Pastis 51, Pernod, Perrier-Jouët, Plymouth Gin, Powers, Rabbit Hole, Ramazzotti, Redbreast, Ricard, Royal Salute, Royal Stag, Scapa, Seagram's Gin, Secret Speyside, Smooth Ambler, Something Special, St Hugo, Stoneleigh, Suze, The Glenlivet, TX, Wyborowa, and Ysios. It also provides non-alcoholic beverages under the brands Ceder's, Suze Tonic 0%, Cinzano Spritz 0%, Pacific, Campo Viejo Sparkling 0%, and Jacob's Creek Unvined. Pernod Ricard SA was founded in 1805 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, PERNOD RICARD has a trailing twelve months EPS of €8.04.
PE Ratio
PERNOD RICARD has a trailing twelve months price to earnings ratio of 18.65. Meaning, the purchaser of the share is investing €18.65 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 12.18%.
Sales Growth
PERNOD RICARD’s sales growth is 7.9% for the ongoing quarter and 7.9% for the next.
Yearly Top and Bottom Value
PERNOD RICARD’s stock is valued at €149.95 at 22:20 EST, way below its 52-week high of €205.70 and way higher than its 52-week low of €131.30.
Volume
Today’s last reported volume for PERNOD RICARD is 428614 which is 6.35% above its average volume of 403019.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.4%, now sitting on 11.61B for the twelve trailing months.
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5. VERALLIA (VRLA.PA)
6% sales growth and 46.92% return on equity
Earnings Per Share
As for profitability, VERALLIA has a trailing twelve months EPS of €4.01.
PE Ratio
VERALLIA has a trailing twelve months price to earnings ratio of 8.99. Meaning, the purchaser of the share is investing €8.99 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 46.92%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 2.15 and the estimated forward annual dividend yield is 5.91%.
Sales Growth
VERALLIA’s sales growth is 27.9% for the ongoing quarter and 6% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.8%, now sitting on 3.9B for the twelve trailing months.
Yearly Top and Bottom Value
VERALLIA’s stock is valued at €36.04 at 22:20 EST, way below its 52-week high of €44.86 and way above its 52-week low of €29.56.
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