Relatively Low Forward Earnings Yield Detected in Shares of Visteon in the Auto Parts & Equipment Industry (VC, SUP, DW, DORM, ALV)
Below are the three companies in the Auto Parts & Equipment 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.
Visteon ranks lowest with a forward earnings yield of 3.2%. Superior Industries International is next with a forward earnings yield of 3.5%. Drew Industries ranks third lowest with a forward earnings yield of 3.9%.
Dorman Products follows with a forward earnings yield of 4.9%, and Autoliv rounds out the bottom five with a forward earnings yield of 5.1%.
SmarTrend recommended that subscribers consider buying shares of Autoliv on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $107.49. Since that recommendation, shares of Autoliv have risen 12.4%. We continue to monitor Autoliv for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward earnings yield visteon superior industries international drew industries dorman products autoliv