• Return to Headlines

Shares of Eplus Inc Rank the Lowest in Terms of Projected Earnings Growth in the Technology Distributors Industry (PLUS, AVT, TECD, AXE, SCSC)

By Nick Russo

Below are the three companies in the Technology Distributors industry with the lowest 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.

Eplus Inc ranks lowest with a projected earnings growth of 10.2%. Following is Avnet Inc with a projected earnings growth of 10.8%. Tech Data Corp ranks third lowest with a projected earnings growth of 11.7%.

Anixter Intl Inc follows with a projected earnings growth of 12.0%, and Scansource Inc rounds out the bottom five with a projected earnings growth of 12.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Eplus Inc on May 13th, 2019 by issuing a Downtrend alert when the shares were trading at $88.30. Since that call, shares of Eplus Inc have fallen 16.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest projected earnings growth eplus inc avnet inc tech data corp anixter intl inc scansource inc

Ticker(s): PLUS AVT TECD AXE SCSC