Shares of Magellan Health Services Rank the Highest in Terms of Future Earnings Growth in the Managed Health Care Industry (MGLN, MOH, WCG, UNH, HNT)
Below are the three companies in the Managed Health Care 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.
Magellan Health Services ranks highest with a future earnings growth of 108.9%. Molina Healthcare is next with a future earnings growth of 35.4%. WellCare Health Plans ranks third highest with a future earnings growth of 33.8%.
UnitedHealth follows with a future earnings growth of 19.8%, and Health Net rounds out the top five with a future earnings growth of 17.6%.
SmarTrend recommended that subscribers consider buying shares of WellCare Health Plans on May 23rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $96.79. Since that recommendation, shares of WellCare Health Plans have risen 21.0%. We continue to monitor WellCare Health Plans for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest future earnings growth magellan health services molina healthcare wellcare health plans UnitedHealth health net