Top 5 Companies in the Office Services & Supplies Industry With the Highest Forward Earnings Yield (PBI, SCS, MLHR, KNL, HNI)
Below are the three companies in the Office Services & Supplies 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.
Pitney Bowes ranks highest with a forward earnings yield of 10.4%. Following is Steelcase with a forward earnings yield of 8.1%. Herman Miller ranks third highest with a forward earnings yield of 7.2%.
Knoll follows with a forward earnings yield of 7.0%, and HNI rounds out the top five with a forward earnings yield of 6.7%.
SmarTrend recommended that its subscribers protect gains by selling shares of HNI on September 15th, 2016 by issuing a Downtrend alert when the shares were trading at $52.93. Since that call, shares of HNI have fallen 27.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest forward earnings yield pitney bowes steelcase herman miller knoll