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Relatively Low Forward Earnings Yield Detected in Shares of Mine Safety Appliances in the Office Services & Supplies Industry (MSA, SCS, MLHR, HNI, KNL)

By Nick Russo

Below are the three companies in the Office Services & Supplies industry with the lowest 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.

Mine Safety Appliances ranks lowest with a forward earnings yield of 4.5%. Following is Steelcase with a forward earnings yield of 6.1%. Herman Miller ranks third lowest with a forward earnings yield of 6.2%.

HNI follows with a forward earnings yield of 6.5%, and Knoll rounds out the bottom five with a forward earnings yield of 7.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Knoll on February 13th, 2017 by issuing a Downtrend alert when the shares were trading at $24.64. Since that call, shares of Knoll have fallen 6.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest forward earnings yield mine safety appliances steelcase herman miller knoll

Ticker(s): MSA SCS MLHR HNI KNL