Top 3 Companies in the Industrial Machinery Industry With the Highest EPS Growth
Post Date: 29 Oct 2011 Viewed: 429
Below are the three companies in the Industrial Machinery industry with the highest year-over-year expected earnings per share (EPS) growth rates.
EnPro Industries (NYSE:NPO) is highest with EPS growth of 279.2%. EnPro Industries, Inc. designs, develops, manufactures, and markets proprietary engineered industrial products. The Company's products include sealing products, metal polymer bearing products, air compressor systems and vacuum pumps, diesel and natural gas engines, and specialized tooling. EnPro sells its products to customers located around the world.
EnPro Industries (NYSE:NPO) has potential upside of 46.1% based on a current price of $35.60 and analysts' consensus price target of $52.00. The stock should hit resistance at its 200-day moving average (MA) of $39.98, as well as support at its 50-day MA of $33.36.
Following is Albany International (NYSE:AIN) with EPS growth of 147.1%. Thus far today, Albany International has traded 61,000 shares, vs. average volume of 162,000 shares per day. The stock has outperformed the Dow (1.7% to the Dow's -0.1%) and outperformed the S&P 500 (1.7% to the S&P's -0.2%) during today’s trading.
Finishing up the top three is Dynamic Materials (NASDAQ:BOOM), with EPS growth of 146.0%.
Over the past year, Dynamic Materials has traded in a range of $14.00 to $29.69 and is now at $23.21, 66% above that low. The 200-day and 50-day moving averages have moved 0.03% higher and 0.76% higher over the past week, respectively.