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Top 5 Companies in the Electrical Components & Equipment Industry With the Highest Projected Earnings Growth (AMOT, THR, EMR, AME, RBC)

By Amy Schwartz

Below are the three companies in the Electrical Components & Equipment industry with the highest 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.

Allied Motion Te ranks highest with a projected earnings growth of 85.0%. Following is Thermon Group Ho with a projected earnings growth of 40.2%. Emerson Elec Co ranks third highest with a projected earnings growth of 21.2%.

Ametek Inc follows with a projected earnings growth of 19.9%, and Regal Beloit Cor rounds out the top five with a projected earnings growth of 19.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Regal Beloit Cor on February 26th, 2020 by issuing a Downtrend alert when the shares were trading at $82.89. Since that call, shares of Regal Beloit Cor have fallen 30.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest projected earnings growth allied motion te thermon group ho emerson elec co ametek inc regal beloit cor

Ticker(s): AMOT THR EMR AME RBC