Top 5 Companies in the Electrical Components & Equipment Industry With the Highest Future Earnings Growth (LYTS, BGC, POWL, AYI, WIRE)
Below are the three companies in the Electrical Components & Equipment industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
LSI Industries ranks highest with a future earnings growth of 74.1%. General Cable is next with a future earnings growth of 21.4%. Powell Industries ranks third highest with a future earnings growth of 21.3%.
Acuity Brands follows with a future earnings growth of 21.2%, and Encore Wire rounds out the top five with a future earnings growth of 19.1%.
SmarTrend recommended that subscribers consider buying shares of Acuity Brands on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $191.54. Since that recommendation, shares of Acuity Brands have risen 31.1%. We continue to monitor Acuity Brands for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest future earnings growth lsi industries general cable powell industries acuity brands encore wire