Shares of Patterson Rank the Lowest in Terms of Projected Earnings Growth in the Health Care Distributors Industry (PDCO, HSIC, OMI, MCK, ABC)
Below are the three companies in the Health Care 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.
Patterson ranks lowest with a projected earnings growth of 7.6%. Following is Henry Schein with a projected earnings growth of 9.1%. Owens & Minor ranks third lowest with a projected earnings growth of 9.7%.
McKesson follows with a projected earnings growth of 15.6%, and AmerisourceBergen rounds out the bottom five with a projected earnings growth of 17.5%.
SmarTrend recommended that subscribers consider buying shares of AmerisourceBergen on June 30th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $78.38. Since that recommendation, shares of AmerisourceBergen have risen 9.1%. We continue to monitor AmerisourceBergen for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest projected earnings growth patterson henry schein owens & minor McKesson AmerisourceBergen