Shares of Big Lots Rank the Highest in Terms of Forward Earnings Yield in the General Merchandise Stores Industry (BIG, TGT, DG, TUES, DLTR)
Below are the three companies in the General Merchandise Stores 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.
Big Lots ranks highest with a forward earnings yield of 6.5%. Following is Target with a forward earnings yield of 6.0%. Dollar General ranks third highest with a forward earnings yield of 4.7%.
Tuesday Morning follows with a forward earnings yield of 3.5%, and Dollar Tree rounds out the top five with a forward earnings yield of 3.3%.
SmarTrend recommended that subscribers consider buying shares of Big Lots on February 25th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $39.68. Since that recommendation, shares of Big Lots have risen 15.0%. We continue to monitor Big Lots for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield big lots Target Dollar General tuesday morning Dollar Tree