SLM is Among the Companies in the Consumer Finance Industry With the Highest Projected Earnings Growth (SLM, CACC, CPSS, ECPG, PRAA)
Below are the three companies in the Consumer Finance 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.
SLM ranks highest with a projected earnings growth of 38.3%. Following is Credit Acceptance with a projected earnings growth of 19.6%. Consumer Portfolio Services ranks third highest with a projected earnings growth of 16.8%.
Encore Capital Group follows with a projected earnings growth of 15.6%, and Portfolio Recovery Associates rounds out the top five with a projected earnings growth of 11.1%.
SmarTrend recommended that subscribers consider buying shares of Portfolio Recovery Associates on July 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $27.54. Since that recommendation, shares of Portfolio Recovery Associates have risen 16.0%. We continue to monitor Portfolio Recovery Associates for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest projected earnings growth credit acceptance consumer portfolio services encore capital group portfolio recovery associates