Top 5 Companies in the Metal & Glass Containers Industry With the Highest Forward Earnings Yield (OI, CCK, SLGN, MYE, BLL)
Below are the three companies in the Metal & Glass Containers 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.
Owens-Illinois ranks highest with a forward earnings yield of 10.9%. Following is Crown Holdings with a forward earnings yield of 6.3%. Silgan Holdings ranks third highest with a forward earnings yield of 5.8%.
Myers Industries follows with a forward earnings yield of 4.9%, and Ball rounds out the top five with a forward earnings yield of 4.2%.
SmarTrend recommended that subscribers consider buying shares of Ball on August 4th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $76.66. Since that recommendation, shares of Ball have risen 5.6%. We continue to monitor Ball for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield owens-illinois crown holdings silgan holdings myers industries ball