Relatively High Projected Earnings Growth Detected in Shares of Citi Trends in the Apparel Retail Industry (CTRN, AEO, EXPR, FL, ROST)
Below are the three companies in the Apparel Retail 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.
Citi Trends ranks highest with a projected earnings growth of 80.0%. American Eagle Outfitters is next with a projected earnings growth of 69.4%. Express ranks third highest with a projected earnings growth of 68.4%.
Foot Locker follows with a projected earnings growth of 18.9%, and Ross Stores rounds out the top five with a projected earnings growth of 12.6%.
SmarTrend recommended that its subscribers protect gains by selling shares of Express on April 12th, 2016 by issuing a Downtrend alert when the shares were trading at $19.33. Since that call, shares of Express have fallen 22.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest projected earnings growth citi trends american eagle outfitters express Foot Locker Ross Stores