Highest Forward Earnings Yield in the Automotive Retail Industry Detected in Shares of TravelCenters of America (TA, GPI, SAH, PAG, ABG)
Below are the three companies in the Automotive Retail industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.
TravelCenters of America ranks highest with a forward earnings yield of 13.3%. Following is Group 1 Automotive with a forward earnings yield of 11.5%. Sonic Automotive ranks third highest with a forward earnings yield of 11.2%.
Penske Auto Group follows with a forward earnings yield of 10.2%, and Asbury Automotive rounds out the top five with a forward earnings yield of 10.1%.
SmarTrend is tracking the current trend status for Sonic Automotive and will alert subscribers who have SAH in their portfolio or watchlist when shares have changed trend direction.
Keywords: highest forward earnings yield amex:ta travelcenters of america group 1 automotive sonic automotive penske auto group asbury automotive