Highest Future Earnings Growth in the Life Sciences Tools & Services Industry Detected in Shares of Parexel International (PRXL, ICLR, AMRI, BIO, BRKR)
Below are the three companies in the Life Sciences Tools & Services 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.
Parexel International ranks highest with a future earnings growth of 19.1%. ICON is next with a future earnings growth of 19.0%. Albany Molecular Research ranks third highest with a future earnings growth of 18.3%.
Bio-Rad Laboratories follows with a future earnings growth of 15.9%, and Bruker rounds out the top five with a future earnings growth of 15.6%.
SmarTrend recommended that subscribers consider buying shares of ICON on June 30th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $69.18. Since that recommendation, shares of ICON have risen 12.3%. We continue to monitor ICON for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest future earnings growth parexel international albany molecular research bio-rad laboratories bruker