Shares of LSI Industries Rank the Lowest in Terms of Forward Earnings Yield in the Electrical Components & Equipment Industry (LYTS, AYI, POWL, FELE, ABB)
Below are the three companies in the Electrical Components & 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.
LSI Industries ranks lowest with a forward earnings yield of 2.5%. Following is Acuity Brands with a forward earnings yield of 2.9%. Powell Industries ranks third lowest with a forward earnings yield of 3.7%.
Franklin Electric follows with a forward earnings yield of 4.0%, and ABB rounds out the bottom five with a forward earnings yield of 4.7%.
SmarTrend recommended that subscribers consider buying shares of ABB on July 21st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $20.74. Since that recommendation, shares of ABB have risen 7.5%. We continue to monitor ABB for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward earnings yield lsi industries acuity brands powell industries franklin electric