Zagg has the Highest Forward Earnings Yield in the Consumer Electronics Industry (ZAGG, GPRO, HAR, GRMN, UEIC)
Below are the three companies in the Consumer Electronics 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.
Zagg ranks highest with a forward earnings yield of 10.0%. Following is Gen-Probe with a forward earnings yield of 9.0%. Harman International Industries ranks third highest with a forward earnings yield of 7.5%.
Garmin follows with a forward earnings yield of 4.6%, and Universal Electronics rounds out the top five with a forward earnings yield of 3.3%.
SmarTrend recommended that subscribers consider buying shares of Zagg on July 14th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $6.15. Since that recommendation, shares of Zagg have risen 24.2%. We continue to monitor Zagg for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield amex:gpro Gen-Probe harman international industries Garmin universal electronics