Relatively High Projected Earnings Growth Detected in Shares of Allscripts Healthcare Solutions in the Health Care Technology Industry (MDRX, HMSY, SLP, CERN, MDSO)
Below are the three companies in the Health Care Technology 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.
Allscripts Healthcare Solutions ranks highest with a projected earnings growth of 49.7%. Following is HMS Holdings with a projected earnings growth of 36.1%. Simulations Plus ranks third highest with a projected earnings growth of 28.3%.
Cerner follows with a projected earnings growth of 25.6%, and Medidata Solutions rounds out the top five with a projected earnings growth of 19.0%.
SmarTrend recommended that subscribers consider buying shares of Medidata Solutions on March 30th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $37.96. Since that recommendation, shares of Medidata Solutions have risen 19.3%. We continue to monitor Medidata Solutions for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest projected earnings growth allscripts healthcare solutions hms holdings simulations plus cerner medidata solutions