(VIANEWS) – SPAREBANKEN MØRE (MORG.OL), ING GROEP N.V. (INGA.AS), 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. SPAREBANKEN MØRE (MORG.OL)
28.7% sales growth and 10.71% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN MØRE has a trailing twelve months EPS of kr15.52.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 4.93. Meaning, the purchaser of the share is investing kr4.93 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.71%.
Moving Average
SPAREBANKEN MØRE’s worth is above its 50-day moving average of kr76.18 and below its 200-day moving average of kr77.64.
Sales Growth
SPAREBANKEN MØRE’s sales growth is 34.1% for the ongoing quarter and 28.7% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.7%, now sitting on 1.84B for the twelve trailing months.
More news about SPAREBANKEN MØRE.
2. ING GROEP N.V. (INGA.AS)
24.2% sales growth and 25.17% return on equity
ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, ING GROEP N.V. has a trailing twelve months EPS of €1.34.
PE Ratio
ING GROEP N.V. has a trailing twelve months price to earnings ratio of 9.69. Meaning, the purchaser of the share is investing €9.69 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 25.17%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 45.2% and 76.9%, respectively.
Volume
Today’s last reported volume for ING GROEP N.V. is 2815720 which is 74.7% below its average volume of 11132600.
Moving Average
ING GROEP N.V.’s worth is way higher than its 50-day moving average of €11.38 and way higher than its 200-day moving average of €11.14.
Sales Growth
ING GROEP N.V.’s sales growth is 21.9% for the present quarter and 24.2% for the next.
More news about ING GROEP N.V..
3. NORBIT (NORBT.OL)
22% sales growth and 24.78% 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. The company was founded in 1995 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, NORBIT has a trailing twelve months EPS of kr2.46.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 21.46. Meaning, the purchaser of the share is investing kr21.46 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.78%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 5, 2023, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 1.31%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 16.4% and 190%, respectively.
More news about NORBIT.
4. SANDNES SPAREBANK (SADG.OL)
17% sales growth and 8.32% return on equity
Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate. The company offers fixed rate deposits, deposit accounts, BSU, and tax withholding and other accounts; child, death, income, critical illness, disability, car, home, cabin, contents, UNG, and other insurance products; and pension solutions. It also provides bank guarantee, overdrafts, leasing, construction and business loans, factoring and invoice sales; fixed interest, mortgage, car, and other vehicle loans, as well as small loans and refinancing, and green loans; bank and credit cards; various loans and guarantees; and mobile and internet banking services. In addition, the company offers real estate brokerage and general investment advisory services. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway.
Earnings Per Share
As for profitability, SANDNES SPAREBANK has a trailing twelve months EPS of kr8.09.
PE Ratio
SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 10.38. Meaning, the purchaser of the share is investing kr10.38 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.32%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 650.99M for the twelve trailing months.
More news about SANDNES SPAREBANK.
5. PROTECTOR FORSIKRG (PROT.OL)
15.2% sales growth and 37.86% return on equity
Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance 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, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. 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 kr14.14.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 10.93. Meaning, the purchaser of the share is investing kr10.93 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 37.86%.
Volume
Today’s last reported volume for PROTECTOR FORSIKRG is 22458 which is 76.05% below its average volume of 93787.
Moving Average
PROTECTOR FORSIKRG’s worth is below its 50-day moving average of kr162.25 and way above its 200-day moving average of kr139.39.
Revenue Growth
Year-on-year quarterly revenue growth grew by 41.3%, now sitting on 7.59B for the twelve trailing months.
Sales Growth
PROTECTOR FORSIKRG’s sales growth for the next quarter is 15.2%.
More news about PROTECTOR FORSIKRG.
