Jul 11, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the five companies in the Auto Parts & Equipment industry with the lowest 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.
TRW Automotive (NYSE:TRW - Analyst Report) has the lowest future earnings growth of 2.90%; Standard Motor Products (NYSE:SMP - Analyst Report) is next with future earnings growth of 8.39%; and Dorman Products (NASDAQ:DORM - Snapshot Report) has the next lowest with future earnings growth of 9.66%.
Magna International (NYSE:MGA - Analyst Report) follows with future earnings growth of 10.47% and China Automotive Systems (NASDAQ:CAAS - Snapshot Report) rounds out the group with future earnings growth of 10.81%.
SmarTrend currently has shares of Standard Motor Products in an Uptrend and issued the Uptrend alert on March 25, 2011 at $12.99. The stock has risen 23.2% since the Uptrend alert was issued.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup
Copyright, Comtex News Network, Inc. 2011
**********************************************************************
As of Thursday, 07-07-2011 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated an UPTREND on
03-25-2011 for SMP @ $12.99.
As of Thursday, 07-07-2011 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated a DOWNTREND on
05-23-2011 for TRW @ $53.88.
For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc.
Copyright A? 2004-2011 Comtex News Network, Inc. All rights reserved.
Source : CLICK HERE
0 comments:
Post a Comment