Top 5 Companies in the Data Processing & Outsourced Services Industry With the Highest Forward P/E Ratio (HPY, JKHY, PAYX, MA, V)
Below are the three companies in the Data Processing & Outsourced Services industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.
Heartland Payment Systems ranks highest with a a forward P/E ratio of 31.00. Jack Henry & Associates is next with a a forward P/E ratio of 27.25. Paychex ranks third highest with a a forward P/E ratio of 26.52.
MasterCard follows with a a forward P/E ratio of 25.40, and Visa rounds out the top five with a a forward P/E ratio of 24.34.
SmarTrend recommended that subscribers consider buying shares of Heartland Payment Systems on April 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $96.15. Since that recommendation, shares of Heartland Payment Systems have risen 7.2%. We continue to monitor Heartland Payment Systems for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio heartland payment systems jack henry & associates paychex MasterCard Visa