(VIANEWS) - MAGNORA (MGN.OL), ING GROEP N.V. (INGA.AS), SPAREBANK 1 SØRØ (SOON.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. MAGNORA (MGN.OL)
1022.8% sales growth and 10.56% return on equity
Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MAGNORA has a trailing twelve months EPS of kr0.75.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 37.47. Meaning, the purchaser of the share is investing kr37.47 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 10.56%.Revenue Growth
Year-on-year quarterly revenue growth grew by 331.6%, now sitting on 104.3M for the twelve trailing months.
Moving Average
MAGNORA's worth is above its 50-day moving average of kr26.44 and way above its 200-day moving average of kr23.49.Earnings Before Interest, Taxes, Depreciation, and Amortization
MAGNORA's EBITDA is 16.77.
Volume
Today's last reported volume for MAGNORA is 60931 which is 80.09% below its average volume of 306113.
More news about MAGNORA.
2. ING GROEP N.V. (INGA.AS)
24.2% sales growth and 25.17% return on equity
ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, ING GROEP N.V. has a trailing twelve months EPS of €1.34.
PE Ratio
ING GROEP N.V. has a trailing twelve months price to earnings ratio of 9.25. Meaning, the purchaser of the share is investing €9.25 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 25.17%.More news about ING GROEP N.V..
3. SPAREBANK 1 SØRØ (SOON.OL)
18.8% sales growth and 10.73% return on equity
SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers mobile and online banking, card, account, and payment services. It also provides mortgage, car, boat, consumer, and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services. In addition, the company offers daily operations, get paid, loans and financing, and pension related products. Further, it provides business and personnel insurance as well as savings and investment products. The company was founded in 1859 and is headquartered in Sandefjord, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SØRØ has a trailing twelve months EPS of kr4.81.
PE Ratio
SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 10.4. Meaning, the purchaser of the share is investing kr10.4 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 10.73%.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 2.6 and the estimated forward annual dividend yield is 5.16%.
Yearly Top and Bottom Value
SPAREBANK 1 SØRØ's stock is valued at kr50.00 at 17:20 EST, way below its 52-week high of kr57.40 and above its 52-week low of kr47.40.
Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 40.9% and 37.3%, respectively.More news about SPAREBANK 1 SØRØ.