Relatively High Projected Earnings Growth Detected in Shares of Beacon Roofing Supply in the Trading Companies & Distributors Industry (BECN, AER, GMT, URI, WSO)
Below are the three companies in the Trading Companies & Distributors 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.
Beacon Roofing Supply ranks highest with a projected earnings growth of 34.4%. AerCap Holdings is next with a projected earnings growth of 27.8%. GATX ranks third highest with a projected earnings growth of 18.8%.
United Rentals follows with a projected earnings growth of 17.9%, and Watsco rounds out the top five with a projected earnings growth of 12.9%.
SmarTrend recommended that subscribers consider buying shares of Beacon Roofing Supply on February 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $36.21. Since that recommendation, shares of Beacon Roofing Supply have risen 16.8%. We continue to monitor Beacon Roofing Supply for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest projected earnings growth beacon roofing supply aercap holdings gatx united rentals Watsco