Relatively High Forward Earnings Yield Detected in Shares of Unisys in the IT Consulting & Other Services Industry (UIS, LIOX, VRTU, IBM, CSC)
Below are the three companies in the IT Consulting & Other 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.
Unisys ranks highest with a forward earnings yield of 18.8%. Following is Lionbridge Technologies with a forward earnings yield of 12.8%. Virtusa ranks third highest with a forward earnings yield of 11.1%.
International Business Machines follows with a forward earnings yield of 9.6%, and Computer Sciences rounds out the top five with a forward earnings yield of 8.6%.
SmarTrend recommended that subscribers consider buying shares of Computer Sciences on March 30th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $33.88. Since that recommendation, shares of Computer Sciences have risen 64.3%. We continue to monitor Computer Sciences for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield unisys lionbridge technologies virtusa International Business Machines computer sciences