Shares of Pointer Telocation Rank the Highest in Terms of Forward Earnings Yield in the Diversified Support Services Industry (PNTR, MATW, MGRC, UNF, VVI)
Below are the three companies in the Diversified Support Services 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.
Pointer Telocation ranks highest with a forward earnings yield of 11.7%. Matthews International is next with a forward earnings yield of 6.3%. McGrath RentCorp ranks third highest with a forward earnings yield of 6.2%.
UniFirst follows with a forward earnings yield of 5.2%, and Viad rounds out the top five with a forward earnings yield of 4.8%.
SmarTrend recommended that subscribers consider buying shares of Pointer Telocation on April 4th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $6.41. Since that recommendation, shares of Pointer Telocation have risen 12.2%. We continue to monitor Pointer Telocation for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield pointer telocation matthews international mcgrath rentcorp unifirst viad