(VIANEWS) – SPBK1 ØSTFOLD AKE (SOAG.OL), SPAREBANKEN SØR (SOR.OL), AXACTOR (ACR.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 kr35.74.
PE Ratio
SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 8.56. Meaning, the purchaser of the share is investing kr8.56 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 11.66%.
Volume
Today’s last reported volume for SPBK1 ØSTFOLD AKE is 25 which is 97.75% below its average volume of 1116.
Sales Growth
SPBK1 ØSTFOLD AKE’s sales growth is 29.2% for the present quarter and 36.1% for the next.
Moving Average
SPBK1 ØSTFOLD AKE’s worth is under its 50-day moving average of kr315.68 and below its 200-day moving average of kr314.40.
More news about SPBK1 ØSTFOLD AKE.
2. SPAREBANKEN SØR (SOR.OL)
33.4% sales growth and 9.48% 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 kr13.44.
PE Ratio
SPAREBANKEN SØR 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 9.48%.
Volume
Today’s last reported volume for SPAREBANKEN SØR is 80 which is 98.16% below its average volume of 4351.
Moving Average
SPAREBANKEN SØR’s value is higher than its 50-day moving average of kr125.06 and below its 200-day moving average of kr127.49.
Revenue Growth
Year-on-year quarterly revenue growth grew by 35.8%, now sitting on 2.98B for the twelve trailing months.
More news about SPAREBANKEN SØR.
3. AXACTOR (ACR.OL)
17.7% sales growth and 10.18% return on equity
Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain. It operates through two segments: Non-performing Loans and Third-Party Collection. The Non-performing Loans segment invests in portfolios of non-performing loans collected through amicable or legal proceedings. The Third-Party Collection segment provides debt collection services on behalf of third-party clients, which applies amicable and legal proceedings to collect the non-performing loans. This segment is also involved in helping creditors to prepare documentation for future legal proceedings against debtors; and handling of invoices between the invoice date and the default date and sending out reminders. Axactor ASA was incorporated in 1982 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, AXACTOR has a trailing twelve months EPS of kr1.73.
PE Ratio
AXACTOR has a trailing twelve months price to earnings ratio of 3.27. Meaning, the purchaser of the share is investing kr3.27 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 10.18%.
Moving Average
AXACTOR’s worth is higher than its 50-day moving average of kr5.41 and under its 200-day moving average of kr5.94.
Volume
Today’s last reported volume for AXACTOR is 212587 which is 8.25% above its average volume of 196371.
More news about AXACTOR.
4. JÆREN SPAREBANK (JAREN.OL)
6.2% sales growth and 9.2% return on equity
Jæren Sparebank provides various financial products and services in Norway. It offers accounts; bank guarantees, construction loans, overdrafts, leasing services, and corporate loans; payment and cards services; and savings and pension products. The company also provides liability, health, personal, occupational injuries, travel, accident, business, shop, property, craft, commercial, landlord, and vehicle insurance products, as well as insurance for farm building agriculture, and operating tools and crops. It serves construction, property, trade and services, and agriculture industries. The company is headquartered in Bryne, Norway.
PE Ratio
JÆREN SPAREBANK has a trailing twelve months price to earnings ratio of 11.81. Meaning, the purchaser of the share is investing kr11.81 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 9.2%.
Sales Growth
JÆREN SPAREBANK’s sales growth is negative 8.8% for the present quarter and 6.2% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 5.3%.
Yearly Top and Bottom Value
JÆREN SPAREBANK’s stock is valued at kr248.00 at 02:20 EST, under its 52-week high of kr270.00 and way above its 52-week low of kr210.00.
More news about JÆREN SPAREBANK.
