Lowest Forward Earnings Yield in the Trading Companies & Distributors Industry Detected in Shares of Titan Machinery (TITN, LAWS, WSO, BECN, FAST)
Below are the three companies in the Trading Companies & Distributors 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.
Titan Machinery ranks lowest with a forward earnings yield of 0.8%. Lawson Products is next with a forward earnings yield of 3.3%. Watsco ranks third lowest with a forward earnings yield of 3.3%.
Beacon Roofing Supply follows with a forward earnings yield of 3.9%, and Fastenal rounds out the bottom five with a forward earnings yield of 4.0%.
SmarTrend recommended that subscribers consider buying shares of Watsco on February 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $123.78. Since that recommendation, shares of Watsco have risen 17.7%. We continue to monitor Watsco for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward earnings yield titan machinery lawson products Watsco beacon roofing supply Fastenal