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Highest Projected Earnings Growth in the Semiconductor Equipment Industry Detected in Shares of Photronics Inc (PLAB, NANO, LRCX, VECO, RTEC)

By Shiri Gupta

Below are the three companies in the Semiconductor Equipment 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.

Photronics Inc ranks highest with a projected earnings growth of 89.5%. Nanometrics Inc is next with a projected earnings growth of 82.4%. Lam Research ranks third highest with a projected earnings growth of 75.8%.

Veeco Instrument follows with a projected earnings growth of 55.8%, and Rudolph Technol rounds out the top five with a projected earnings growth of 51.9%.

SmarTrend recommended that subscribers consider buying shares of Rudolph Technol on September 12th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $25.02. Since that recommendation, shares of Rudolph Technol have risen 15.8%. We continue to monitor Rudolph Technol for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest projected earnings growth photronics inc nanometrics inc lam research veeco instrument rudolph technol

Ticker(s): PLAB NANO LRCX VECO RTEC