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Top 5 Companies in the Auto Parts & Equipment Industry With the Lowest Projected Earnings Growth (TEN, TOWR, CPS, FOXF, BWA)

By Amy Schwartz

Below are the three companies in the Auto Parts & 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.

Tenneco Inc ranks lowest with a projected earnings growth of 6.7%. Tower Internatio is next with a projected earnings growth of 10.9%. Cooper-Standard ranks third lowest with a projected earnings growth of 12.1%.

Fox Factory Hold follows with a projected earnings growth of 13.6%, and Borgwarner Inc rounds out the bottom five with a projected earnings growth of 13.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Borgwarner Inc on July 30th, 2019 by issuing a Downtrend alert when the shares were trading at $38.09. Since that call, shares of Borgwarner Inc have fallen 17.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest projected earnings growth tenneco inc tower internatio cooper-standard fox factory hold borgwarner inc

Ticker(s): TEN TOWR CPS FOXF BWA