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Angiodynamics In has the Lowest Projected Earnings Growth in the Health Care Equipment Industry (ANGO, OFIX, STJ, MR, MDT)

By David Diaz

Below are the three companies in the Health Care Equipment industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Angiodynamics In ranks lowest with a projected earnings growth of 1.4%. Orthofix Intl is next with a projected earnings growth of 1.5%. St Jude Medical ranks third lowest with a projected earnings growth of 1.9%.

Montage Resources Corp follows with a projected earnings growth of 2.1%, and Medtronic Plc rounds out the bottom five with a projected earnings growth of 3.0%.

SmarTrend recommended that subscribers consider buying shares of Medtronic Plc on May 3rd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $89.49. Since that recommendation, shares of Medtronic Plc have risen 12.8%. We continue to monitor Medtronic Plc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth angiodynamics in orthofix intl :stj St Jude Medical :mr montage resources corp medtronic plc

Ticker(s): ANGO OFIX MDT