TMCnet News
Highest Forward Earnings Yield in the Food Distributors Industry Detected in Shares of Nash Finch (NAFC, ANDE, SPTN, SYY, UNFI)Apr 08, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Food Distributors 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.Nash Finch ranks highest with a forward earnings yield of 11.6%. Following is Andersons with a forward earnings yield of 7.9%. Spartan Stores ranks third highest with a forward earnings yield of 7.7%. Sysco follows with a forward earnings yield of 5.6%, and United Natural Foods rounds out the top five with a forward earnings yield of 4.5%. SmarTrend is tracking the current trend status for United Natural Foods and will alert subscribers who have UNFI in their portfolio or watchlist when shares have changed trend direction. 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 |