(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), ING GROEP N.V. (INGA.AS), VERALLIA (VRLA.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. SPAREBANKEN ØST (SPOG.OL)
27.1% sales growth and 7.22% 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 kr5.24.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.06. Meaning, the purchaser of the share is investing kr9.06 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 7.22%.
Yearly Top and Bottom Value
SPAREBANKEN ØST’s stock is valued at kr47.50 at 17:20 EST, way under its 52-week high of kr53.60 and way higher than its 52-week low of kr43.10.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 98% and 64.6%, respectively.
Sales Growth
SPAREBANKEN ØST’s sales growth is 56.8% for the current quarter and 27.1% for the next.
Moving Average
SPAREBANKEN ØST’s value is higher than its 50-day moving average of kr45.68 and higher than its 200-day moving average of kr47.45.
More news about SPAREBANKEN ØST.
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 €1.35.
PE Ratio
ING GROEP N.V. has a trailing twelve months price to earnings ratio of 8.76. Meaning, the purchaser of the share is investing €8.76 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%.
Volume
Today’s last reported volume for ING GROEP N.V. is 2432020 which is 79.3% below its average volume of 11754100.
Revenue Growth
Year-on-year quarterly revenue growth grew by 51.8%, now sitting on 31.29B for the twelve trailing months.
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. VERALLIA (VRLA.PA)
19.7% sales growth and 38.09% return on equity
Verallia Société Anonyme produces and sells glass packaging products for beverages and food industry worldwide. It also provides bottles for still and sparkling wines, spirits, beers, soft drinks, and oils. The company offers jars for baby food, dairy products, jams, honey, spreads, condiments, sauces, and preserves. Verallia Société Anonyme was founded in 1827 and is based in Courbevoie, France.
Earnings Per Share
As for profitability, VERALLIA has a trailing twelve months EPS of €2.92.
PE Ratio
VERALLIA has a trailing twelve months price to earnings ratio of 11.34. Meaning, the purchaser of the share is investing €11.34 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 38.09%.
More news about VERALLIA.
4. PARETO BANK (PARB.OL)
11.2% sales growth and 14.03% return on equity
Pareto Bank ASA offers various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. The company was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.86.
PE Ratio
PARETO BANK has a trailing twelve months price to earnings ratio of 6.3. Meaning, the purchaser of the share is investing kr6.3 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 14.03%.
Yearly Top and Bottom Value
PARETO BANK’s stock is valued at kr49.55 at 17:20 EST, way under its 52-week high of kr59.50 and way higher than its 52-week low of kr42.05.
More news about PARETO BANK.
5. MELEXIS (MELE.BR)
10% sales growth and 41.13% return on equity
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN transceiver, CAN transceiver, RFID Transceiver NFC Sensor tag ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.
Earnings Per Share
As for profitability, MELEXIS has a trailing twelve months EPS of €4.94.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 17.22. Meaning, the purchaser of the share is investing €17.22 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 41.13%.
Moving Average
MELEXIS’s value is below its 50-day moving average of €88.19 and under its 200-day moving average of €87.79.
Volume
Today’s last reported volume for MELEXIS is 7860 which is 74.72% below its average volume of 31097.
Sales Growth
MELEXIS’s sales growth is 17.7% for the present quarter and 10% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MELEXIS’s EBITDA is 3.81.
More news about MELEXIS.
