Lowest Projected Earnings Growth in the Health Care Services Industry Detected in Shares of DaVita (DVA, AIRM, CHE, ESRX, LH)
Below are the three companies in the Health Care Services industry with the lowest 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.
DaVita ranks lowest with a projected earnings growth of 3.5%. Air Methods is next with a projected earnings growth of 10.7%. Chemed ranks third lowest with a projected earnings growth of 12.7%.
Express Scripts follows with a projected earnings growth of 13.3%, and Laboratory Corp of America Holdings rounds out the bottom five with a projected earnings growth of 16.0%.
SmarTrend recommended that its subscribers protect gains by selling shares of DaVita on June 14th, 2016 by issuing a Downtrend alert when the shares were trading at $75.31. Since that call, shares of DaVita have fallen 15.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest projected earnings growth davita air methods chemed Express Scripts laboratory corp of america holdings