Shares of Community Health Systems Rank the Highest in Terms of Forward Earnings Yield in the Health Care Facilities Industry (CYH, ENSG, HGR, KND, THC)
Below are the three companies in the Health Care Facilities 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.
Community Health Systems ranks highest with a forward earnings yield of 33.0%. Following is Ensign Group Inc/The with a forward earnings yield of 12.7%. Hanger Orthopedic ranks third highest with a forward earnings yield of 12.5%.
Kindred Healthcare follows with a forward earnings yield of 12.3%, and Tenet Healthcare rounds out the top five with a forward earnings yield of 9.9%.
SmarTrend recommended that its subscribers protect gains by selling shares of Community Health Systems on May 3rd, 2016 by issuing a Downtrend alert when the shares were trading at $14.14. Since that call, shares of Community Health Systems have fallen 24.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest forward earnings yield Community Health Systems ensign group inc/the hanger orthopedic kindred healthcare Tenet Healthcare