• Return to Headlines

Lowest Forward Earnings Yield in the Construction Materials Industry Detected in Shares of Vulcan Materials (VMC, MLM, JHX, EXP, HW)

By David Diaz

Below are the three companies in the Construction Materials industry with the lowest 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.

Vulcan Materials ranks lowest with a forward earnings yield of 1.7%. Following is Martin Marietta Materials with a forward earnings yield of 2.5%. James Hardie Industries ranks third lowest with a forward earnings yield of 3.6%.

Eagle Materials follows with a forward earnings yield of 4.6%, and Headwaters rounds out the bottom five with a forward earnings yield of 4.9%.

SmarTrend recommended that subscribers consider buying shares of Eagle Materials on February 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $53.75. Since that recommendation, shares of Eagle Materials have risen 42.4%. We continue to monitor Eagle Materials for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest forward earnings yield Vulcan Materials Martin Marietta Materials james hardie industries eagle materials headwaters