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

(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), VOSS VEKSEL OGLAND (VVL.OL), BOUVET (BOUV.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)

18.6% sales growth and 10.59% 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 kr7.76.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 7.09. Meaning, the purchaser of the share is investing kr7.09 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 10.59%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 22, 2024, the estimated forward annual dividend rate is 5.4 and the estimated forward annual dividend yield is 9.75%.

Yearly Top and Bottom Value

SPAREBANKEN ØST’s stock is valued at kr55.00 at 02:20 EST, under its 52-week high of kr58.40 and way above its 52-week low of kr45.30.

More news about SPAREBANKEN ØST.

2. VOSS VEKSEL OGLAND (VVL.OL)

17.5% sales growth and 10.95% return on equity

Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.

Earnings Per Share

As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr36.2.

PE Ratio

VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 7.18. Meaning, the purchaser of the share is investing kr7.18 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 10.95%.

Moving Average

VOSS VEKSEL OGLAND’s worth is higher than its 50-day moving average of kr254.16 and way higher than its 200-day moving average of kr230.71.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 46.9% and 48.5%, respectively.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 26, 2024, the estimated forward annual dividend rate is 14.1 and the estimated forward annual dividend yield is 5.34%.

More news about VOSS VEKSEL OGLAND.

3. BOUVET (BOUV.OL)

9.7% sales growth and 60.9% return on equity

Bouvet ASA provides IT and digital communication consultancy services for public and private sector companies in Norway, Sweden, and internationally. The company was incorporated in 1995 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, BOUVET has a trailing twelve months EPS of kr3.14.

PE Ratio

BOUVET has a trailing twelve months price to earnings ratio of 20.06. Meaning, the purchaser of the share is investing kr20.06 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 60.9%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 24, 2023, the estimated forward annual dividend rate is 2.5 and the estimated forward annual dividend yield is 4.08%.

More news about BOUVET.

4. DASSAULT SYSTEMES (DSY.PA)

8.7% sales growth and 13.75% return on equity

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences. The company provides SIMULIA that delivers realistic simulation applications; DELMIA, which enables global industrial operations; 3DVIA that provides 3D space planning solutions; and ENOVIA that enables to plan and track the definition of success for customer. In addition, it offers Centric PLM, a product lifecycle management software solution; 3DEXCITE, a real-time 3D visualization software; NETVIBES, which enables organizations to gather, align, and enrich big data; 3DEXPERIENCE platform that provides organizations a holistic and real-time view of their business activities and ecosystem, as well as connecting people, ideas, data, and solutions together in a single environment; and MEDIDATA, a clinical research study software that provides evidences and insights to pharmaceutical, biotech, medical device, and diagnostic companies, as well as academic researchers. The company distributes its products through direct and indirect sales channels. It primarily serves companies in the transportation and mobility; industrial equipment; aerospace and defense; high-tech; life sciences and healthcare; infrastructure, energy, and materials; home and lifestyle; architecture, engineering, and construction; cities, and public services; consumer packaged goods and retail; marine and offshore; and business services. Dassault Systèmes SE was incorporated in 1981 and is headquartered in Vélizy-Villacoublay, France.

Earnings Per Share

As for profitability, DASSAULT SYSTEMES has a trailing twelve months EPS of €0.79.

PE Ratio

DASSAULT SYSTEMES has a trailing twelve months price to earnings ratio of 51.95. Meaning, the purchaser of the share is investing €51.95 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 13.75%.

More news about DASSAULT SYSTEMES.

5. VERALLIA (VRLA.PA)

6% sales growth and 46.92% return on equity

Verallia Société Anonyme manufactures and sells glass packaging products for beverages and food products worldwide. It 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 €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%.

Moving Average

VERALLIA’s value is under its 50-day moving average of €36.32 and above its 200-day moving average of €35.05.

Yearly Top and Bottom Value

VERALLIA’s stock is valued at €36.04 at 02:20 EST, way below its 52-week high of €44.86 and way higher than its 52-week low of €29.56.

Sales Growth

VERALLIA’s sales growth is 27.9% for the current quarter and 6% for the next.

More news about VERALLIA.

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