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Highest Forward Earnings Yield in the Industrial Machinery Industry Detected in Shares of LB Foster (FSTR, XRM, CMCO, FLOW, ITT)

By Amy Schwartz

Below are the three companies in the Industrial Machinery 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.

LB Foster ranks highest with a forward earnings yield of 15.4%. Xerium Technologies is next with a forward earnings yield of 9.9%. Columbus McKinnon ranks third highest with a forward earnings yield of 9.6%.

Flow International follows with a forward earnings yield of 9.6%, and ITT rounds out the top five with a forward earnings yield of 7.1%.

SmarTrend recommended that subscribers consider buying shares of ITT on July 15th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $33.65. Since that recommendation, shares of ITT have risen 6.1%. We continue to monitor ITT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward earnings yield lb foster xerium technologies columbus mckinnon flow international