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Mednax Inc is Among the Companies in the Health Care Services Industry With the Highest Forward Earnings Yield (MD, CVS, ESRX, LH, DGX)

By Shiri Gupta

Below are the three companies in the Health Care Services 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.

Mednax Inc ranks highest with a forward earnings yield of 33.8%. Cvs Health Corp is next with a forward earnings yield of 12.0%. Express Scripts ranks third highest with a forward earnings yield of 9.8%.

Laboratory Cp follows with a forward earnings yield of 8.3%, and Quest Diagnostic rounds out the top five with a forward earnings yield of 8.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Express Scripts on December 10th, 2018 by issuing a Downtrend alert when the shares were trading at $95.57. Since that call, shares of Express Scripts have fallen 3.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward earnings yield mednax inc cvs health corp Express Scripts laboratory cp quest diagnostic

Ticker(s): MD CVS ESRX LH DGX