Relatively High Projected Earnings Growth Detected in Shares of Acacia Research in the Research and Consulting Services Industry (ACTG, VRSK, ICFI, RECN, EFX)
Below are the three companies in the Research and Consulting Services 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.
Acacia Research ranks highest with a projected earnings growth of 70.6%. Verisk Analytics is next with a projected earnings growth of 25.3%. ICF International ranks third highest with a projected earnings growth of 21.6%.
Resources Connection follows with a projected earnings growth of 18.5%, and Equifax rounds out the top five with a projected earnings growth of 14.9%.
SmarTrend recommended that its subscribers protect gains by selling shares of Resources Connection on December 11th, 2015 by issuing a Downtrend alert when the shares were trading at $17.01. Since that call, shares of Resources Connection have fallen 11.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest projected earnings growth acacia research verisk analytics icf international resources connection equifax