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Leggett & Platt has the Lowest Projected Earnings Growth in the Home Furnishings Industry (LEG, HOFT, MHK, ETH, ZZ)Mar 18, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Home Furnishings 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.Leggett & Platt ranks lowest with a projected earnings growth of 11.2%. Following is Hooker Furniture with a projected earnings growth of 17.5%. Mohawk Industries ranks third lowest with a projected earnings growth of 39.9%. Ethan Allen Interiors follows with a projected earnings growth of 51.7%, and Sealy rounds out the bottom five with a projected earnings growth of 58.8%. SmarTrend recommended that subscribers consider buying shares of Leggett & Platt on July 3rd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $21.17. Since that recommendation, shares of Leggett & Platt have risen 52.2%. We continue to monitor Leggett & Platt for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 |