SPAREBANKEN VEST And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPAREBANKEN VEST (SVEG.OL), SPAREBANKEN SØR (SOR.OL), MELEXIS (MELE.BR) 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 VEST (SVEG.OL)

30.4% sales growth and 13.51% return on equity

Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. It operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. The company is also involved in the estate agency and home mortgage activities. The company 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 kr7.36.

PE Ratio

SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 11.6. Meaning, the purchaser of the share is investing kr11.6 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 13.51%.

Volume

Today’s last reported volume for SPAREBANKEN VEST is 54328 which is 33.18% below its average volume of 81310.

Yearly Top and Bottom Value

SPAREBANKEN VEST’s stock is valued at kr85.30 at 06:20 EST, way below its 52-week high of kr109.40 and above its 52-week low of kr77.70.

Sales Growth

SPAREBANKEN VEST’s sales growth is 30.1% for the present quarter and 30.4% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 6.5% and 33.8%, respectively.

More news about SPAREBANKEN VEST.

2. SPAREBANKEN SØR (SOR.OL)

22.1% sales growth and 8.36% return on equity

Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.

Earnings Per Share

As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr11.3.

PE Ratio

SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 11.15. Meaning, the purchaser of the share is investing kr11.15 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 8.36%.

Yearly Top and Bottom Value

SPAREBANKEN SØR’s stock is valued at kr126.00 at 06:20 EST, way below its 52-week high of kr166.00 and higher than its 52-week low of kr116.00.

Revenue Growth

Year-on-year quarterly revenue growth grew by 27%, now sitting on 2.76B for the twelve trailing months.

More news about SPAREBANKEN SØR.

3. MELEXIS (MELE.BR)

18.6% sales growth and 45.26% 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/CAN system basis, NFC/RFID, radio-frequency receiver and transmitter, and switch controller 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 €1.89.

PE Ratio

MELEXIS has a trailing twelve months price to earnings ratio of 54.17. Meaning, the purchaser of the share is investing €54.17 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 45.26%.

More news about MELEXIS.

4. BOIRON (BOI.PA)

17.3% sales growth and 9.87% return on equity

Boiron SA manufactures and sells homeopathic medicines in France, rest of Europe, North America, and internationally. The company offers non-proprietary, proprietary, branded homeopathic medicines. Its branded homeopathic medicines include Oscillococcinum to treat influenza symptoms, such as fever, chills, headaches, and aches; Stodal and Stodaline for treating coughs; Arnigel for adjunctive local treatment of benign trauma in the absence of open wounds; Camilia for the treatment of teething problems for babies; and Sédatif PC to treat anxiety and emotional, and minor sleep disorders. The company's homeopathic medicines also comprise Coryzalia for the treatment of cold symptoms and rhinitis; Homéoptic to treat eye discomfort and irritation due to various causes for adults and children; and Homéovox for vocal disorders. In addition, it provides dietary supplement; Dermoplasmine stick, baume, and mousse to treat dry lips and skin; Mag' Nuit, a formula to fall asleep; Arnitrosium for joint pain; Castor Equi Boiron ointment for treatment of cracked skin; and Storinyl, a syrup to treat colds. Further, it offers herbal medicines, such as Canephron to increase the amount of urine and to improve urinary elimination; moisturizing baby milk; and medical devices, including a range of COVID self-tests and rapid antigenic tests. The company offers its products through distribution centers, pharmacies, pharmacy chains, wholesalers, grocery and drugstores, health food stores, and online retail. Boiron SA was founded in 1932 and is headquartered in Messimy, France.

Earnings Per Share

As for profitability, BOIRON has a trailing twelve months EPS of €2.89.

PE Ratio

BOIRON has a trailing twelve months price to earnings ratio of 13.62. Meaning, the purchaser of the share is investing €13.62 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 9.87%.

Volume

Today’s last reported volume for BOIRON is 2075 which is 70.99% below its average volume of 7154.

Moving Average

BOIRON’s worth is under its 50-day moving average of €43.50 and way under its 200-day moving average of €44.92.

More news about BOIRON.

5. PROTECTOR FORSIKRG (PROT.OL)

16.2% sales growth and 24.06% 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 kr23.84.

PE Ratio

PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 5.68. Meaning, the purchaser of the share is investing kr5.68 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 24.06%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 44.8%, now sitting on 6.2B for the twelve trailing months.

Sales Growth

PROTECTOR FORSIKRG’s sales growth is 26.8% for the ongoing quarter and 16.2% for the next.

More news about PROTECTOR FORSIKRG.

6. SPBK1 RINGERIKE (RING.OL)

11.1% sales growth and 9.9% return on equity

SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.

Earnings Per Share

As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr22.77.

PE Ratio

SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 14.23. Meaning, the purchaser of the share is investing kr14.23 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 9.9%.

Yearly Top and Bottom Value

SPBK1 RINGERIKE’s stock is valued at kr324.00 at 06:20 EST, way below its 52-week high of kr372.00 and above its 52-week low of kr304.00.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 28, 2022, the estimated forward annual dividend rate is 16.2 and the estimated forward annual dividend yield is 4.94%.

More news about SPBK1 RINGERIKE.

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