Still, Carr’s Group can still be picked extremely cheaply based on current earnings estimates, forecasts that appear set to receive meaty upgrades following today’s bright update. At the moment Carr’s Group, despite the aforementioned share price strength, can be picked up on a forward P/E ratio of just 11.5 times. Software StarAnother little-known growth stock making serious headlines in start-of-week trade is Kainos Group, the software play popped 7% higher from the last session. Continued momentum from government and healthcare clients had delivered ‘particularly strong’ growth here, it advised, but the business also continued to pull up trees abroad, thanks in some part to its improved presence in Europe. City forecasters suggest Kainos Group is in line for earnings growth of 23% and 12% for the years to March 2019 and 2020 respectively.
Source: Forbes April 16, 2018 14:50 UTC