Highest Forward Earnings Yield in the Health Care Distributors Industry Detected in Shares of AmerisourceBergen (ABC, ACET, MCK, CAH, PMC)
Below are the three companies in the Health Care Distributors 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.
AmerisourceBergen ranks highest with a forward earnings yield of 7.2%. Aceto is next with a forward earnings yield of 6.7%. McKesson ranks third highest with a forward earnings yield of 6.7%.
Cardinal Health follows with a forward earnings yield of 6.7%, and PharMerica rounds out the top five with a forward earnings yield of 6.6%.
SmarTrend is monitoring the recent change of momentum in AmerisourceBergen. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of AmerisourceBergen in search of a potential trend change.
Keywords: highest forward earnings yield AmerisourceBergen aceto McKesson Cardinal Health pharmerica