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Relatively High Forward Earnings Yield Detected in Shares of Ceco Environmental in the Environmental & Facilities Services Industry (CECE, SRCL, TTEK, ABM, WM)

By James Quinn

Below are the three companies in the Environmental & Facilities 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.

Ceco Environmental ranks highest with a forward earnings yield of 9.0%. Stericycle is next with a forward earnings yield of 5.7%. Tetra Tech ranks third highest with a forward earnings yield of 4.7%.

ABM Industries follows with a forward earnings yield of 4.3%, and Waste Management rounds out the top five with a forward earnings yield of 4.3%.

SmarTrend recommended that subscribers consider buying shares of Tetra Tech on April 11th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $41.47. Since that recommendation, shares of Tetra Tech have risen 11.2%. We continue to monitor Tetra Tech for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward earnings yield ceco environmental stericycle Tetra Tech abm industries Waste Management

Ticker(s): CECE SRCL TTEK ABM WM