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Lowest Projected Earnings Growth in the Industrial Machinery Industry Detected in Shares of Clarcor Inc (CLC, MCRN, RXN, PKOH, NNBR)

By Shiri Gupta

Below are the three companies in the Industrial Machinery 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.

Clarcor Inc ranks lowest with a projected earnings growth of 0.6%. Following is Milacron Holding with a projected earnings growth of 2.9%. Rexnord Corp ranks third lowest with a projected earnings growth of 4.2%.

Park Ohio Hldgs follows with a projected earnings growth of 4.4%, and Nn Inc rounds out the bottom five with a projected earnings growth of 5.6%.

SmarTrend recommended that subscribers consider buying shares of Clarcor Inc on November 10th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $66.62. Since that recommendation, shares of Clarcor Inc have risen 24.6%. We continue to monitor Clarcor Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth :clc clarcor inc milacron holding rexnord corp park ohio hldgs nn inc

Ticker(s): MCRN RXN PKOH NNBR