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St Jude Medical is Among the Companies in the Health Care Equipment Industry With the Lowest Projected Earnings Growth (STJ, MDT, ISRG, DHR, BSX)

By David Diaz

Below are the three companies in the Health Care Equipment 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.

St Jude Medical ranks lowest with a projected earnings growth of 1.9%. Following is Medtronic Plc with a projected earnings growth of 3.2%. Intuitive Surgic ranks third lowest with a projected earnings growth of 8.3%.

Danaher Corp follows with a projected earnings growth of 8.5%, and Boston Scientifc rounds out the bottom five with a projected earnings growth of 9.0%.

SmarTrend recommended that subscribers consider buying shares of St Jude Medical on February 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $54.18. Since that recommendation, shares of St Jude Medical have risen 49.2%. We continue to monitor St Jude Medical for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth :stj St Jude Medical medtronic plc intuitive surgic Danaher Corp boston scientifc

Ticker(s): MDT ISRG DHR BSX