Highest Future Earnings Growth in the Health Care Technology Industry Detected in Shares of Computer Programs & Systems (CPSI, MDRX, MDSO, OMCL, ATHN)
Below are the three companies in the Health Care Technology 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.
Computer Programs & Systems ranks highest with a future earnings growth of 32.0%. Allscripts Healthcare Solutions is next with a future earnings growth of 25.6%. Medidata Solutions ranks third highest with a future earnings growth of 24.2%.
Omnicell follows with a future earnings growth of 23.5%, and athenahealth rounds out the top five with a future earnings growth of 19.9%.
SmarTrend recommended that its subscribers protect gains by selling shares of Computer Programs & Systems on March 16th, 2016 by issuing a Downtrend alert when the shares were trading at $51.33. Since that call, shares of Computer Programs & Systems have fallen 49.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest future earnings growth computer programs & systems allscripts healthcare solutions medidata solutions omnicell Athenahealth