(VIANEWS) – SPBK1 ØSTFOLD AKE (SOAG.OL), PROTECTOR FORSIKRG (PROT.OL), SEABIRD EXPLORAT (SBX.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 ØSTFOLD AKE (SOAG.OL)
36.1% sales growth and 11.66% return on equity
SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. The company was founded in 1835 and is headquartered in Moss, Norway.
Earnings Per Share
As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr39.16.
PE Ratio
SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 7.97. Meaning, the purchaser of the share is investing kr7.97 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 11.66%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 43.9% and 51.8%, respectively.
Sales Growth
SPBK1 ØSTFOLD AKE’s sales growth is 29.2% for the present quarter and 36.1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19%, now sitting on 1.02B for the twelve trailing months.
More news about SPBK1 ØSTFOLD AKE.
2. PROTECTOR FORSIKRG (PROT.OL)
15.2% sales growth and 37.86% 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 kr15.07.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 11.61. Meaning, the purchaser of the share is investing kr11.61 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 37.86%.
More news about PROTECTOR FORSIKRG.
3. SEABIRD EXPLORAT (SBX.OL)
14.4% sales growth and 13.65% return on equity
SeaBird Exploration Plc, together with its subsidiaries, provides marine 2D and 3D seismic data for the oil and gas industry in Europe, Africa, the Middle East, North and South America, and the Asia Pacific. It offers 2D seismic; and source vessels that provide conventional undershoot, 4D repeat survey, wide azimuth, push reverse, long-term charter and vessel management, in-house source modelling and environmental decay analysis, and spot charter services. The company was founded in 1996 and is based in Nicosia, Cyprus.
Earnings Per Share
As for profitability, SEABIRD EXPLORAT has a trailing twelve months EPS of kr0.43.
PE Ratio
SEABIRD EXPLORAT has a trailing twelve months price to earnings ratio of 13.3. Meaning, the purchaser of the share is investing kr13.3 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 13.65%.
More news about SEABIRD EXPLORAT.
4. BAKKAFROST (BAKKA.OL)
11.7% 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 kr11.37.
PE Ratio
BAKKAFROST has a trailing twelve months price to earnings ratio of 47.89. Meaning, the purchaser of the share is investing kr47.89 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 13.83%.
Sales Growth
BAKKAFROST’s sales growth is 7.1% for the ongoing quarter and 11.7% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 8.9% and positive 68.9% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 25%, now sitting on 7.54B for the twelve trailing months.
More news about BAKKAFROST.
5. SCHLUMBERGER (SLB.PA)
11.5% 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 €2.53.
PE Ratio
SCHLUMBERGER has a trailing twelve months price to earnings ratio of 21.02. Meaning, the purchaser of the share is investing €21.02 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 22.45%.
Yearly Top and Bottom Value
SCHLUMBERGER’s stock is valued at €53.19 at 02:20 EST, under its 52-week high of €58.00 and way higher than its 52-week low of €35.20.
Volume
Today’s last reported volume for SCHLUMBERGER is 839 which is 91.98% below its average volume of 10468.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 5, 2023, the estimated forward annual dividend rate is 0.93 and the estimated forward annual dividend yield is 1.68%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 23.7% and 22.7%, respectively.
More news about SCHLUMBERGER.
6. SPAREBANKEN ØST (SPOG.OL)
11.3% sales growth and 7.72% 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 kr5.52.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 8.71. Meaning, the purchaser of the share is investing kr8.71 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 7.72%.
Moving Average
SPAREBANKEN ØST’s value is above its 50-day moving average of kr47.60 and above its 200-day moving average of kr47.39.
Volume
Today’s last reported volume for SPAREBANKEN ØST is 146 which is 97.82% below its average volume of 6725.
Yearly Top and Bottom Value
SPAREBANKEN ØST’s stock is valued at kr48.10 at 02:20 EST, below its 52-week high of kr52.00 and way above its 52-week low of kr43.10.
Sales Growth
SPAREBANKEN ØST’s sales growth is 30.9% for the ongoing quarter and 11.3% for the next.
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7. NORBIT (NORBT.OL)
9.7% sales growth and 27.5% return on equity
Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. The company was founded in 1995 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, NORBIT has a trailing twelve months EPS of kr2.9.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 18.28. Meaning, the purchaser of the share is investing kr18.28 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 27.5%.
Volume
Today’s last reported volume for NORBIT is 22729 which is 35.35% below its average volume of 35158.
Yearly Top and Bottom Value
NORBIT’s stock is valued at kr53.00 at 02:20 EST, way below its 52-week high of kr67.00 and way higher than its 52-week low of kr22.90.
More news about NORBIT.
