TMCnet News
GenCorp is Among the Companies in the Aerospace & Defense Industry With the Lowest Forward Earnings Yield (GY, AVAV, HEI, ASEI, TASR)May 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Aerospace & Defense 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.GenCorp ranks lowest with a forward earnings yield of 1.0%. Aerovironment is next with a forward earnings yield of 1.9%. HEICO ranks third lowest with a forward earnings yield of 3.5%. American Science & Engineering follows with a forward earnings yield of 4.1%, and Taser International rounds out the bottom five with a forward earnings yield of 4.7%. SmarTrend recommended that subscribers consider buying shares of HEICO on May 3rd, 2013 as our technology indicated a new Uptrend was in progress when shares hit $43.84. Since that recommendation, shares of HEICO have risen 4.7%. We continue to monitor HEICO 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 |
