Relatively High Forward Earnings Yield Detected in Shares of IDT in the Integrated Telecommunication Services Industry (IDT, CTL, VZ, T, CNSL)
Below are the three companies in the Integrated Telecommunication 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.
IDT ranks highest with a forward earnings yield of 10.9%. Following is CenturyTel with a forward earnings yield of 8.7%. Verizon Communications ranks third highest with a forward earnings yield of 7.8%.
AT&T follows with a forward earnings yield of 6.9%, and Consolidated Communications rounds out the top five with a forward earnings yield of 3.0%.
SmarTrend recommended that subscribers consider buying shares of IDT on January 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $12.73. Since that recommendation, shares of IDT have risen 22.3%. We continue to monitor IDT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield Centurytel Verizon Communications AT&T consolidated communications