Relatively High Projected Earnings Growth Detected in Shares of Hardinge in the Industrial Machinery Industry (HDNG, MWA, ROLL, ESE, LDL)
Below are the three companies in the Industrial Machinery 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.
Hardinge ranks highest with a projected earnings growth of 118.2%. Following is Mueller Water Products with a projected earnings growth of 27.2%. RBC Bearings ranks third highest with a projected earnings growth of 22.0%.
ESCO Technologies follows with a projected earnings growth of 21.4%, and Lydall rounds out the top five with a projected earnings growth of 17.2%.
SmarTrend recommended that subscribers consider buying shares of Lydall on February 23rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $27.73. Since that recommendation, shares of Lydall have risen 67.8%. We continue to monitor Lydall for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest projected earnings growth hardinge mueller water products rbc bearings esco technologies lydall