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Lowest EPS Growth in the Application Software Industry Detected in Shares of Mentor Graphics (MENT, EBIX, INTU, TYL, TIBX)
Dec 21, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Application Software industry with the lowest year-over-year expected earnings per share (EPS) growth rates. The long-term growth rate is the expected annual increase in operating EPS over the next three to five years.Mentor Graphics ranks lowest with a EPS growth of 0.4%. Ebix is next with a EPS growth of 6.8%. Intuit ranks third lowest with a EPS growth of 9.2%.
Tyler Technologies follows with a EPS growth of 11.1%, and TIBCO Software rounds out the bottom five with a EPS growth of 12.1%.
SmarTrend recommended that its subscribers protect gains by selling shares of TIBCO Software on October 8th, 2012 by issuing a Downtrend alert when the shares were trading at $28.72. Since that call, shares of TIBCO Software have fallen 26.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Write to Chip Brian at cbrian@mysmartrend.com
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