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 9.8%. Following is Steelcase with a forward earnings yield of 7.2%. Herman Miller ranks third highest with a forward earnings yield of 6.1%.
Knoll follows with a forward earnings yield of 5.9%, and HNI rounds out the top five with a forward earnings yield of 4.8%.
SmarTrend recommended that subscribers consider buying shares of HNI on July 11th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $48.68. Since that recommendation, shares of HNI have risen 10.4%. We continue to monitor HNI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield pitney bowes steelcase herman miller knoll