Top 5 Companies in the Health Care Facilities Industry With the Highest Forward Earnings Yield (CYH, HGR, ENSG, KND, THC)
Below are the three companies in the Health Care Facilities 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.
Community Health Systems ranks highest with a forward earnings yield of 23.7%. Following is Hanger Orthopedic with a forward earnings yield of 12.5%. Ensign Group Inc/The ranks third highest with a forward earnings yield of 11.6%.
Kindred Healthcare follows with a forward earnings yield of 9.4%, and Tenet Healthcare rounds out the top five with a forward earnings yield of 6.5%.
SmarTrend recommended that subscribers consider buying shares of Tenet Healthcare on March 3rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $27.26. Since that recommendation, shares of Tenet Healthcare have risen 15.2%. We continue to monitor Tenet Healthcare for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield Community Health Systems hanger orthopedic ensign group inc/the kindred healthcare Tenet Healthcare