Owens-Illinois has the Highest Forward Earnings Yield in the Metal & Glass Containers Industry (OI, CCK, SLGN, GEF, MYE)
Below are the three companies in the Metal & Glass Containers 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.
Owens-Illinois ranks highest with a forward earnings yield of 10.7%. Following is Crown Holdings with a forward earnings yield of 6.7%. Silgan Holdings ranks third highest with a forward earnings yield of 5.8%.
Greif follows with a forward earnings yield of 5.5%, and Myers Industries rounds out the top five with a forward earnings yield of 4.9%.
SmarTrend recommended that subscribers consider buying shares of Owens-Illinois on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $14.01. Since that recommendation, shares of Owens-Illinois have risen 34.0%. We continue to monitor Owens-Illinois for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield owens-illinois crown holdings silgan holdings greif myers industries