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Highest Future Earnings Growth in the Auto Parts & Equipment Industry Detected in Shares of Horizon Global (HZN, MPAA, SMP, FDML, MOD)

By Shiri Gupta

Below are the three companies in the Auto Parts & Equipment industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Horizon Global ranks highest with a future earnings growth of 49.7%. Motorcar Parts is next with a future earnings growth of 35.1%. Standard Motor ranks third highest with a future earnings growth of 27.4%.

Federal-Mogul Ho follows with a future earnings growth of 20.8%, and Modine Mfg Co rounds out the top five with a future earnings growth of 15.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Modine Mfg Co on March 2nd, 2018 by issuing a Downtrend alert when the shares were trading at $22.00. Since that call, shares of Modine Mfg Co have fallen 17.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest future earnings growth horizon global motorcar parts standard motor :fdml federal-mogul ho modine mfg co

Ticker(s): HZN MPAA SMP MOD