Shares of Star Gas Partners Rank the Highest in Terms of Forward Earnings Yield in the Gas Utilities Industry (SGU, EGAS, SPH, FGP, APU)
Below are the three companies in the Gas Utilities 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.
Star Gas Partners ranks highest with a forward earnings yield of 12.9%. Following is Energy with a forward earnings yield of 7.6%. Suburban Propane ranks third highest with a forward earnings yield of 6.1%.
Ferrellgas Partners follows with a forward earnings yield of 5.8%, and Amerigas Partners rounds out the top five with a forward earnings yield of 5.6%.
SmarTrend recommended that subscribers consider buying shares of Star Gas Partners on March 24th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $8.01. Since that recommendation, shares of Star Gas Partners have risen 9.2%. We continue to monitor Star Gas Partners for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield star gas partners Energy suburban propane ferrellgas partners amerigas partners