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Relatively High Projected Earnings Growth Detected in Shares of VASCO Data Security International in the Systems Software Industry (VDSI, RHT, VMW, CHKP, FTNT)

By Shiri Gupta

Below are the three companies in the Systems Software 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.

VASCO Data Security International ranks highest with a projected earnings growth of 51.0%. Following is Red Hat with a projected earnings growth of 15.5%. VMware ranks third highest with a projected earnings growth of 13.9%.

Check Point Software Technologies follows with a projected earnings growth of 10.9%, and Fortinet rounds out the top five with a projected earnings growth of 7.7%.

SmarTrend recommended that subscribers consider buying shares of Fortinet on February 25th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $27.58. Since that recommendation, shares of Fortinet have risen 17.9%. We continue to monitor Fortinet for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest projected earnings growth vasco data security international red hat VMware check point software technologies fortinet