SPBK1 NORD-NORGE And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPBK1 NORD-NORGE (NONG.OL), SANDNES SPAREBANK (SADG.OL), MEDISTIM (MEDI.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. SPBK1 NORD-NORGE (NONG.OL)

28.5% sales growth and 13.71% return on equity

SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.

Earnings Per Share

As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr9.47.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 10.03. Meaning, the purchaser of the share is investing kr10.03 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 13.71%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 99.3% and a drop 26.2% for the next.

More news about SPBK1 NORD-NORGE.

2. SANDNES SPAREBANK (SADG.OL)

17% sales growth and 8.32% return on equity

Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate. The company offers fixed rate deposits, deposit accounts, BSU, and tax withholding and other accounts; child, death, income, critical illness, disability, car, home, cabin, contents, UNG, and other insurance products; and pension solutions. It also provides bank guarantee, overdrafts, leasing, construction and business loans, factoring and invoice sales; fixed interest, mortgage, car, and other vehicle loans, as well as small loans and refinancing, and green loans; bank and credit cards; various loans and guarantees; and mobile and internet banking services. In addition, the company offers real estate brokerage and general investment advisory services. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway.

Earnings Per Share

As for profitability, SANDNES SPAREBANK has a trailing twelve months EPS of kr8.13.

PE Ratio

SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 10.38. Meaning, the purchaser of the share is investing kr10.38 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 8.32%.

Sales Growth

SANDNES SPAREBANK’s sales growth for the next quarter is 17%.

Moving Average

SANDNES SPAREBANK’s value is below its 50-day moving average of kr85.66 and below its 200-day moving average of kr89.74.

Yearly Top and Bottom Value

SANDNES SPAREBANK’s stock is valued at kr84.40 at 17:20 EST, way under its 52-week high of kr101.00 and above its 52-week low of kr81.00.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.05 and the estimated forward annual dividend yield is 7.15%.

More news about SANDNES SPAREBANK.

3. MEDISTIM (MEDI.OL)

16.7% sales growth and 31.89% return on equity

Medistim ASA develops, produces, services, leases, and distributes medical devices for cardio-vascular surgery in the United States, Europe, Asia, and internationally. It offers MiraQ Cardiac, a system that combines ultrasound imaging and transit time flow measurement (TTFM) in a single system for cardiac surgery; MiraQ Vascular, a system that combines ultrasound imaging and transit TTFM in a single system for vascular surgery; and imaging probes for intraoperative use. The company also provides various flow probes, such as QuickFit TTFM probes to accurately measure blood volume flow intraoperatively in various range of surgical applications; Vascular TTFM probes for enhancing surgical outcomes; and doppler probes that are used on the surface of the heart/vessel to search for intramural coronary arteries or to locate the position and quantify the degree of a stenosis. In addition, it distributes and sells third party medical equipment. The company was incorporated in 1984 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, MEDISTIM has a trailing twelve months EPS of kr6.06.

PE Ratio

MEDISTIM has a trailing twelve months price to earnings ratio of 42.74. Meaning, the purchaser of the share is investing kr42.74 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 31.89%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MEDISTIM’s EBITDA is 9.52.

More news about MEDISTIM.

4. SCHLUMBERGER (SLB.PA)

9.9% sales growth and 23.02% 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 €2.45.

PE Ratio

SCHLUMBERGER has a trailing twelve months price to earnings ratio of 17.44. Meaning, the purchaser of the share is investing €17.44 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 23.02%.

Yearly Top and Bottom Value

SCHLUMBERGER’s stock is valued at €42.74 at 17:20 EST, way below its 52-week high of €55.00 and way higher than its 52-week low of €30.80.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 30% and 20.3%, respectively.

Moving Average

SCHLUMBERGER’s value is below its 50-day moving average of €43.26 and under its 200-day moving average of €46.75.

More news about SCHLUMBERGER.

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