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Top 5 Companies in the Industrial Machinery Industry With the Highest Future Earnings Growth (GHM, TNC, HY, GTLS, NNBR)

By Shiri Gupta

Below are the three companies in the Industrial Machinery 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.

Graham Corp ranks highest with a future earnings growth of 429.2%. Tennant Co is next with a future earnings growth of 49.2%. Hyster-Yale ranks third highest with a future earnings growth of 47.2%.

Chart Industries follows with a future earnings growth of 36.4%, and Nn Inc rounds out the top five with a future earnings growth of 34.9%.

SmarTrend recommended that subscribers consider buying shares of Hyster-Yale on November 4th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $53.81. Since that recommendation, shares of Hyster-Yale have risen 10.1%. We continue to monitor Hyster-Yale for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest future earnings growth graham corp tennant co hyster-yale chart industries nn inc