Shares of Covenant Transportation Rank the Highest in Terms of Projected Earnings Growth in the Trucking Industry (CVTI, USAK, WERN, UHAL, KNX)
Below are the three companies in the Trucking 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.
Covenant Transportation ranks highest with a projected earnings growth of 65.6%. USA Truck is next with a projected earnings growth of 30.1%. Werner Enterprises ranks third highest with a projected earnings growth of 23.2%.
Amerco follows with a projected earnings growth of 22.7%, and Knight Transportation rounds out the top five with a projected earnings growth of 18.8%.
SmarTrend recommended that its subscribers protect gains by selling shares of Werner Enterprises on April 21st, 2016 by issuing a Downtrend alert when the shares were trading at $25.40. Since that call, shares of Werner Enterprises have fallen 8.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest projected earnings growth covenant transportation usa truck werner enterprises amerco knight transportation