Highest Forward Earnings Yield in the Environmental & Facilities Services Industry Detected in Shares of Ceco Environmental (CECE, TISI, TTEK, ABM, SRCL)
Below are the three companies in the Environmental & Facilities Services 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.
Ceco Environmental ranks highest with a forward earnings yield of 13.7%. Team is next with a forward earnings yield of 7.6%. Tetra Tech ranks third highest with a forward earnings yield of 6.2%.
ABM Industries follows with a forward earnings yield of 5.4%, and Stericycle rounds out the top five with a forward earnings yield of 4.6%.
SmarTrend recommended that subscribers consider buying shares of Tetra Tech on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $26.09. Since that recommendation, shares of Tetra Tech have risen 13.1%. We continue to monitor Tetra Tech for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield ceco environmental Tetra Tech abm industries stericycle