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Relatively High Forward Earnings Yield Detected in Shares of Acuity Brands in the Electrical Components & Equipment Industry (AYI, RBC, ENS, WIRE, ETN)

By Amy Schwartz

Below are the three companies in the Electrical Components & Equipment 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.

Acuity Brands ranks highest with a forward earnings yield of 8.3%. Following is Regal Beloit Cor with a forward earnings yield of 7.7%. Enersys ranks third highest with a forward earnings yield of 7.7%.

Encore Wire follows with a forward earnings yield of 6.2%, and Eaton Corp Plc rounds out the top five with a forward earnings yield of 5.6%.

SmarTrend is tracking the current trend status for Acuity Brands and will alert subscribers who have AYI in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest forward earnings yield acuity brands regal beloit cor enersys encore wire eaton corp plc

Ticker(s): AYI RBC ENS WIRE ETN