SPBK 1 NORDMØRE And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPBK 1 NORDMØRE (SNOR.OL), CTP (CTPNV.AS), SPAREBANK 1 SR-BK (SRBNK.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. SPBK 1 NORDMØRE (SNOR.OL)

25.4% sales growth and 8.68% return on equity

SpareBank 1 Nordmøre provides various banking services in Norway. The company provides business insurance products, which include liability, work machine, condominium, car, bus, boat, cyber, crime, truck, property, commercial building, project, trailer, and transport insurance; personal insurance products, such as life, business, travel, and accidental insurance products; pension products; bank cards; payment and debt collection services; and mobile and online banking services. It also offers bank guarantees, operating credit products for agriculture, and factoring and leasing products and services, as well as savings and deposit accounts, refinancing, and mortgage 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 kr12.5.

PE Ratio

SPBK 1 NORDMØRE has a trailing twelve months price to earnings ratio of 9.84. Meaning, the purchaser of the share is investing kr9.84 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 8.68%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 130.9% and 97.5%, respectively.

Sales Growth

SPBK 1 NORDMØRE’s sales growth is 34.4% for the ongoing quarter and 25.4% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 4.1%, now sitting on 763M for the twelve trailing months.

Volume

Today’s last reported volume for SPBK 1 NORDMØRE is 8045 which is 823.65% above its average volume of 871.

More news about SPBK 1 NORDMØRE.

2. CTP (CTPNV.AS)

20.8% sales growth and 14.49% return on equity

CTP N.V. owns, develops, manages, and leases logistics and industrial real estate properties in Central, Western, and Eastern Europe. The company offers various building for small and growing businesses, global enterprises, built to suit, and other offices. It also develops urban parks which are harbour mixed-use building and space types, such as premium offices, retail stores, office services, public spaces, and other amenities. CTP N.V. was founded in 1998 and is based in Amsterdam, the Netherlands. CTP N.V. is a subsidiary of CTP Holding B.V.

Earnings Per Share

As for profitability, CTP has a trailing twelve months EPS of €2.2.

PE Ratio

CTP has a trailing twelve months price to earnings ratio of 5.63. Meaning, the purchaser of the share is investing €5.63 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 14.49%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 14, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 3.87%.

Sales Growth

CTP’s sales growth for the next quarter is 20.8%.

More news about CTP.

3. SPAREBANK 1 SR-BK (SRBNK.OL)

20.5% sales growth and 12.1% return on equity

SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company operates through Retail customers, SME & Agriculture, and Large Corporates segments. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, advisory, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr13.32.

PE Ratio

SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 9.41. Meaning, the purchaser of the share is investing kr9.41 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 12.1%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17%, now sitting on 7.31B for the twelve trailing months.

More news about SPAREBANK 1 SR-BK.

4. SCHLUMBERGER (SLB.PA)

8.4% sales growth and 22.45% return on equity

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Earnings Per Share

As for profitability, SCHLUMBERGER has a trailing twelve months EPS of €2.47.

PE Ratio

SCHLUMBERGER has a trailing twelve months price to earnings ratio of 21.49. Meaning, the purchaser of the share is investing €21.49 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 22.45%.

Volume

Today’s last reported volume for SCHLUMBERGER is 1220 which is 88.64% below its average volume of 10746.

Moving Average

SCHLUMBERGER’s worth is way higher than its 50-day moving average of €47.80 and way above its 200-day moving average of €48.00.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 5, 2023, the estimated forward annual dividend rate is 0.89 and the estimated forward annual dividend yield is 1.66%.

More news about SCHLUMBERGER.

5. BAKKAFROST (BAKKA.OL)

6.5% sales growth and 13.83% return on equity

P/F Bakkafrost, together with its subsidiaries, produces and sells salmon products under the Bakkafrost and Havsbrún brands in North America, Western Europe, Eastern Europe, Asia, and internationally. It operates through four segments: Farming FO; Farming SCT; Value Added Products; and Fishmeal, Oil and Fish Feed. The company is involved in the breeding and on-growing of salmon; harvesting, sale, and distribution of salmon; salmon farming, harvest, filleting, sales, and administration; and production of skinless and boneless portions of salmon. It also produces and sells fishmeal, fish oil, and fish feed. In addition, it engages in production of styrofoam boxes, and biogas and fertilizer; and operates trading of fishes, lumpfish farming business, and freight transportation of goods, as well as produce and sell canned fish products. P/F Bakkafrost was founded in 1968 and is headquartered in Glyvrar, Denmark.

Earnings Per Share

As for profitability, BAKKAFROST has a trailing twelve months EPS of kr36.09.

PE Ratio

BAKKAFROST has a trailing twelve months price to earnings ratio of 16.46. Meaning, the purchaser of the share is investing kr16.46 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 13.83%.

More news about BAKKAFROST.

6. IMCD (IMCD.AS)

6.5% sales growth and 19.97% return on equity

IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific. The company offers bioactives, biocides, chelates, functional additives, rheology modifiers, silicones, solubilisers, and solvents; active pharmaceutical, agrochemicals, biopharma, excipients and formulation, nutraceuticals, and regulated synthesis; actives, UV sunscreens, rheology modifiers, thickeners, surfactants, emulsifiers, emollients, elastomers, humectants, waxes, film formers, functional powders, hair styling polymers, hair conditioners, solvents, solubilizers, pigments, pearls, colorants, opacifiers, pearlisers, preservatives, antioxidants, additives, fragrances, and essential oils; and resins and binders, additives, functional fillers, and specialty solvents. It also provides taste, texture, nutrition, and function; base oil, fuel addictive, lubricants addictive, lubricants finished fluids, solvents, degreasers and fuel, compounds, and upstream, midstream and downstream oil, gas and energy; bio-based chemicals, binders, corrosion inhibitors, catalysts, intermediates, monomers, organic building blocks, processing aids, reactive diluents, solvents, and surfactants. IMCD N.V. was founded in 1995 and is headquartered in Rotterdam, the Netherlands.

Earnings Per Share

As for profitability, IMCD has a trailing twelve months EPS of €5.49.

PE Ratio

IMCD has a trailing twelve months price to earnings ratio of 23.21. Meaning, the purchaser of the share is investing €23.21 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 19.97%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 30.1%, now sitting on 4.62B for the twelve trailing months.

More news about IMCD.

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