Analysts are expecting the TSX-listed Canadian stocks we’ve discovered to increase their earnings per share (EPS) by at least 75% over the next year
SmallCapPower | February 22, 2022: Earnings per share (EPS) is calculated by taking total earnings and dividing it by the number of outstanding shares. Increases in earnings can be seen as a positive sign that a business is healthy and growing. However, earnings can also be increased by reducing costs which, although make a company more efficient, is not sustainable and does nothing to develop the business. Typically, stocks with the highest increases in earnings will see the biggest increases in share price. The Canadian stocks we’ve discovered are expected to see their earnings grow more than 75% over next year, which should boost their share prices as well.
*Share price data and other metrics as of February 18, 2022
MDA Ltd. (TSX:MDA) – $9.36
Aerospace
MDA is an international space mission partner and a robotics, satellite systems and geo-intelligence pioneer with a 50-year story of firsts on and above the Earth. With over 2,000 employees across Canada, the US and the UK, MDA is leading the charge towards viable Moon colonies, enhanced Earth observation, communication in a hyper-connected world, and more. With a track record of making space ambitions come true, MDA enables highly skilled people to continually push boundaries, tackle big challenges, and imagine solutions that inspire and endure to change the world for the better, on the ground and in the stars.
- Market Cap: $1,109.4M
- 7-Day Return: -5.2%
- 30-Day Return: -3.2%
- 30-Day Average Trading Volume: 332,050
- Next Year EPS Growth Rate: 102.7%
Martinrea International Inc. (TSX:MRE) – $9.97
Automotive Parts
Martinrea International is a Canadian producer of steel and aluminium parts and fluid management systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The Company also provides metal forming and welding solutions. The largest end market for Martinrea’s products is North America.
- Market Cap: $805.8M
- 7-Day Return: -3.7%
- 30-Day Return: -3.5%
- 30-Day Average Trading Volume: 289,292
- Next Year EPS Growth Rate: 84.6%
TECSYS Inc. (TSX:TCS) – $36.24
Enterprise Solutions
Tecsys is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The Company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada and other countries, with its only operating segment being the development and marketing of enterprise-wide distribution software and related services.
- Market Cap: $525.0M
- 7-Day Return: -5.7%
- 30-Day Return: -5.9%
- 30-Day Average Trading Volume: 44,221
- Next Year EPS Growth Rate: 78.4%
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