TMCnet News

Cogent Communications has the Lowest Forward Earnings Yield in the Alternative Carriers Industry (CCOI, TWTC, PGI, VG, IRDM)
[May 24, 2013]

Cogent Communications has the Lowest Forward Earnings Yield in the Alternative Carriers Industry (CCOI, TWTC, PGI, VG, IRDM)


May 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Alternative Carriers industry with the lowest 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.Cogent Communications ranks lowest with a forward earnings yield of 0.8%. tw telecom is next with a forward earnings yield of 1.7%. Premiere Global Services ranks third lowest with a forward earnings yield of 7.3%.

Vonage follows with a forward earnings yield of 7.4%, and Iridiummmunications rounds out the bottom five with a forward earnings yield of 12.4%.

SmarTrend recommended that subscribers consider buying shares of Vonage on August 9th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $2.06. Since that recommendation, shares of Vonage have risen 31.1%. We continue to monitor Vonage for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To TMCnet.com's Homepage ]