• Return to Headlines

Highest Projected Earnings Growth in the Health Care Services Industry Detected in Shares of Radnet Inc (RDNT, LHCG, PRSC, ADUS, AMED)

By David Diaz

Below are the three companies in the Health Care Services industry with the highest 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.

Radnet Inc ranks highest with a projected earnings growth of 44.8%. Following is Lhc Group Inc with a projected earnings growth of 44.4%. Providence Servi ranks third highest with a projected earnings growth of 42.4%.

Addus Homecare follows with a projected earnings growth of 40.0%, and Amedisys Inc rounds out the top five with a projected earnings growth of 37.6%.

SmarTrend recommended that subscribers consider buying shares of Amedisys Inc on June 10th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $117.46. Since that recommendation, shares of Amedisys Inc have risen 3.9%. We continue to monitor Amedisys Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest projected earnings growth radnet inc lhc group inc providence servi addus homecare amedisys inc

Ticker(s): RDNT LHCG PRSC ADUS AMED