Relatively High Forward Earnings Yield Detected in Shares of Huntsman in the Diversified Chemicals Industry (HUN, EMN, DOW, OLN, DD)
Below are the three companies in the Diversified Chemicals 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.
Huntsman ranks highest with a forward earnings yield of 11.6%. Eastman Chemical is next with a forward earnings yield of 9.7%. Dow Chemical ranks third highest with a forward earnings yield of 6.1%.
Olin follows with a forward earnings yield of 4.3%, and EI Du Pont de Nemours rounds out the top five with a forward earnings yield of 4.1%.
SmarTrend recommended that subscribers consider buying shares of Huntsman on February 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $10.21. Since that recommendation, shares of Huntsman have risen 59.2%. We continue to monitor Huntsman for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield Huntsman Eastman Chemical Dow Chemical olin ei du pont de nemours