Highest Forward Earnings Yield in the Integrated Telecommunication Services Industry Detected in Shares of IDT (IDT, CTL, VZ, T, CNSL)
Below are the three companies in the Integrated Telecommunication 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.
IDT ranks highest with a forward earnings yield of 11.4%. Following is CenturyTel with a forward earnings yield of 8.5%. Verizon Communications ranks third highest with a forward earnings yield of 7.2%.
AT&T follows with a forward earnings yield of 6.4%, and Consolidated Communications rounds out the top five with a forward earnings yield of 2.7%.
SmarTrend recommended that subscribers consider buying shares of Consolidated Communications on May 10th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $25.34. Since that recommendation, shares of Consolidated Communications have risen 9.9%. We continue to monitor Consolidated Communications for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield Centurytel Verizon Communications AT&T consolidated communications