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Top 5 Companies in the Application Software Industry With the Lowest Projected Earnings Growth (MGIC, OTEX, EPIQ, PEGA, EPAY)

By Shiri Gupta

Below are the three companies in the Application Software 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.

Magic Software Enterprises ranks lowest with a projected earnings growth of 1.1%. Open Text is next with a projected earnings growth of 2.9%. EPIQ Systems ranks third lowest with a projected earnings growth of 3.4%.

Pegasystems follows with a projected earnings growth of 6.4%, and Bottomline Technologies rounds out the bottom five with a projected earnings growth of 8.1%.

SmarTrend recommended that subscribers consider buying shares of EPIQ Systems on February 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $12.75. Since that recommendation, shares of EPIQ Systems have risen 28.1%. We continue to monitor EPIQ Systems for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth magic software enterprises open text epiq systems pegasystems bottomline technologies