SPAREBANKEN ØST And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), RYANAIR HOLD. PLC (RYA.IR), SMARTCRAFT (SMCRT.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 ØST (SPOG.OL)

52% sales growth and 6.25% 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; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. It also distributes insurance, fund shares, interest rate hedging, and currency, 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 kr4.75.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.77. Meaning, the purchaser of the share is investing kr9.77 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 6.25%.

Yearly Top and Bottom Value

SPAREBANKEN ØST’s stock is valued at kr46.40 at 02:20 EST, way under its 52-week high of kr55.00 and higher than its 52-week low of kr43.10.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.8%, now sitting on 691.4M for the twelve trailing months.

Volume

Today’s last reported volume for SPAREBANKEN ØST is 14699 which is 19.05% below its average volume of 18160.

Moving Average

SPAREBANKEN ØST’s value is under its 50-day moving average of kr47.43 and under its 200-day moving average of kr48.03.

More news about SPAREBANKEN ØST.

2. RYANAIR HOLD. PLC (RYA.IR)

38.7% sales growth and 24.39% return on equity

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services; in-flight sale of beverages, food, duty-free, and merchandise; and marketing of car hire and accommodation services, and travel insurance through its website and mobile app. In addition, the company 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. As of June 30, 2022, it had a principal fleet of approximately 483 Boeing 737 aircrafts and 29 Airbus A320 aircrafts; and offered approximately 3,000 short-haul flights per day serving approximately 225 airports. Ryanair Holdings plc was founded in 1985 and is headquartered in Swords, Ireland.

Earnings Per Share

As for profitability, RYANAIR HOLD. PLC has a trailing twelve months EPS of €1.22.

PE Ratio

RYANAIR HOLD. PLC has a trailing twelve months price to earnings ratio of 12.87. Meaning, the purchaser of the share is investing €12.87 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 24.39%.

More news about RYANAIR HOLD. PLC.

3. SMARTCRAFT (SMCRT.OL)

24.1% sales growth and 9.28% return on equity

SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. The company offers Cordel; Bygglet, a SaaS born in the cloud solution; EL-VIS, a solution for electricians; and Congrid, a cloud-based tool for project management in construction companies. It also provides HomeRun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform for construction companies; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services. The company was founded in 1987 and is headquartered in Hønefoss, Norway.

Earnings Per Share

As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr0.39.

PE Ratio

SMARTCRAFT has a trailing twelve months price to earnings ratio of 53.85. Meaning, the purchaser of the share is investing kr53.85 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 9.28%.

More news about SMARTCRAFT.

4. TOMRA SYSTEMS (TOM.OL)

14% sales growth and 16.76% return on equity

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and eject unwanted materials from manufacturing and processing lines for fresh and processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.

Earnings Per Share

As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr3.48.

PE Ratio

TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 48.05. Meaning, the purchaser of the share is investing kr48.05 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 16.76%.

Yearly Top and Bottom Value

TOMRA SYSTEMS’s stock is valued at kr167.20 at 02:20 EST, way below its 52-week high of kr250.35 and way above its 52-week low of kr151.00.

More news about TOMRA SYSTEMS.

5. SPBK 1 NORDMØRE (SNOR.OL)

7.1% sales growth and 9.57% return on equity

SpareBank 1 Nordmøre provides various banking services in Norway. The company offers savings and deposit accounts; car, motorcycle, boat, and construction loans; and mortgages. It also provides business insurance products, which include liability, auto, mortgage, operating loss, asset, commercial, and project insurance products; personal insurance products, such as life, travel, and accidental insurance products; pension products; bank cards; payment and debt collection services; and mobile and online banking services. In addition, the company offers bank guarantees, trade credit products, and operating credit products for agriculture, as well as factoring, leasing, and repayment products and services. The company was founded in 1835 and is based in Kristiansund, Norway. SpareBank 1 Nordmøre is a subsidiary of SpareBank 1 Gruppen AS.

Earnings Per Share

As for profitability, SPBK 1 NORDMØRE has a trailing twelve months EPS of kr13.68.

PE Ratio

SPBK 1 NORDMØRE has a trailing twelve months price to earnings ratio of 8.85. Meaning, the purchaser of the share is investing kr8.85 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 9.57%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 15.2% and 87.6%, respectively.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 6, 2022, the estimated forward annual dividend rate is 5 and the estimated forward annual dividend yield is 3.82%.

Sales Growth

SPBK 1 NORDMØRE’s sales growth is 38.5% for the present quarter and 7.1% for the next.

More news about SPBK 1 NORDMØRE.

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