Shares of Covanta Rank the Highest in Terms of Future Earnings Growth in the Environmental & Facilities Services Industry (CVA, TISI, SRCL, WCN, ROL)
Below are the three companies in the Environmental & Facilities Services industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
Covanta ranks highest with a future earnings growth of 24.4%. Following is Team with a future earnings growth of 17.5%. Stericycle ranks third highest with a future earnings growth of 16.6%.
Waste Connections follows with a future earnings growth of 10.5%, and Rollins rounds out the top five with a future earnings growth of 9.6%.
SmarTrend recommended that subscribers consider buying shares of Covanta on March 2nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $14.37. Since that recommendation, shares of Covanta have risen 15.9%. We continue to monitor Covanta for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest future earnings growth covanta stericycle waste connections rollins