SUPERVALU is Among the Companies in the Food Retail Industry With the Highest Forward Earnings Yield (SVU, IMKTA, KR, WFM, CASY)
Below are the three companies in the Food Retail 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.
SUPERVALU ranks highest with a forward earnings yield of 14.7%. Ingles Markets is next with a forward earnings yield of 7.6%. Kroger ranks third highest with a forward earnings yield of 5.4%.
Whole Foods Market follows with a forward earnings yield of 4.6%, and Casey's General Stores rounds out the top five with a forward earnings yield of 3.7%.
SmarTrend recommended that subscribers consider buying shares of Casey's General Stores on March 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $109.58. Since that recommendation, shares of Casey's General Stores have risen 21.4%. We continue to monitor Casey's General Stores for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield SuperValu ingles markets Kroger Whole Foods Market casey's general stores