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Lowest Projected Earnings Growth in the Technology Distributors Industry Detected in Shares of Eplus Inc (PLUS, TECD, AXE, SCSC, SNX)

By James Quinn

Below are the three companies in the Technology Distributors 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.

Eplus Inc ranks lowest with a projected earnings growth of 10.2%. Tech Data Corp is next with a projected earnings growth of 11.7%. Anixter Intl Inc ranks third lowest with a projected earnings growth of 12.0%.

Scansource Inc follows with a projected earnings growth of 12.8%, and Synnex Corp rounds out the bottom five with a projected earnings growth of 14.1%.

SmarTrend recommended that subscribers consider buying shares of Synnex Corp on September 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $88.49. Since that recommendation, shares of Synnex Corp have risen 28.2%. We continue to monitor Synnex Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth eplus inc tech data corp anixter intl inc scansource inc synnex corp

Ticker(s): PLUS TECD AXE SCSC SNX