Lowest Projected Earnings Growth in the Health Care Technology Industry Detected in Shares of athenahealth (ATHN, HSTM, OMCL, QSII, MDSO)
Below are the three companies in the Health Care Technology 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.
athenahealth ranks lowest with a projected earnings growth of 0.7%. HealthStream is next with a projected earnings growth of 3.7%. Omnicell ranks third lowest with a projected earnings growth of 4.8%.
Quality Systems follows with a projected earnings growth of 9.4%, and Medidata Solutions rounds out the bottom five with a projected earnings growth of 19.0%.
SmarTrend recommended that subscribers consider buying shares of Medidata Solutions on July 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $47.68. Since that recommendation, shares of Medidata Solutions have risen 13.4%. We continue to monitor Medidata Solutions for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest projected earnings growth Athenahealth healthstream omnicell quality systems medidata solutions