Shares of Mine Safety Appliances Rank the Lowest in Terms of Forward Earnings Yield in the Office Services & Supplies Industry (MSA, HNI, MLHR, KNL, SCS)
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 4.2%. Following is HNI with a forward earnings yield of 4.7%. Herman Miller ranks third lowest with a forward earnings yield of 5.7%.
Knoll follows with a forward earnings yield of 5.8%, and Steelcase rounds out the bottom five with a forward earnings yield of 7.6%.
SmarTrend recommended that subscribers consider buying shares of Mine Safety Appliances on January 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $41.97. Since that recommendation, shares of Mine Safety Appliances have risen 35.6%. We continue to monitor Mine Safety Appliances for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward earnings yield mine safety appliances herman miller knoll steelcase