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Lowest Projected Earnings Growth in the Semiconductor Equipment Industry Detected in Shares of Applied Materials (AMAT, KLIC, AEIS, NVMI, CCMP)

By Shiri Gupta

Below are the three companies in the Semiconductor Equipment 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.

Applied Materials ranks lowest with a projected earnings growth of 2.0%. Following is Kulicke & Soffa Industries with a projected earnings growth of 2.2%. Advanced Energy Industries ranks third lowest with a projected earnings growth of 2.7%.

Nova Measuring Instruments follows with a projected earnings growth of 4.3%, and Cabot Microelectronics rounds out the bottom five with a projected earnings growth of 5.3%.

SmarTrend recommended that subscribers consider buying shares of Cabot Microelectronics on March 2nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $39.24. Since that recommendation, shares of Cabot Microelectronics have risen 10.2%. We continue to monitor Cabot Microelectronics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth Applied Materials kulicke & soffa industries advanced energy industries nova measuring instruments cabot microelectronics