Jul 26, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the highest five companies in the Metal & Glass Containers industry based on estimated 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.
Owens-Illinois (NYSE:OI - Analyst Report) has the highest Forward Earnings Yield of 9.2%; Crown Holdings (NYSE:CCK - Snapshot Report) is next with a Forward Earnings Yield of 7.4%; and Greif (NYSE:GEF - Snapshot Report) has the next highest with a Forward Earnings Yield of 7.4%.
Ball (NYSE:BLL - Analyst Report) follows with a Forward Earnings Yield of 7.2% and Silgan Holdings (NASDAQ:SLGN - Analyst Report) rounds out the group with a Forward Earnings Yield of 6.8%.
SmarTrend currently has shares of Owens-Illinois in an Downtrend and issued the Downtrend alert on June 03, 2011 at $30.59. The stock has fallen 12.3% since the Downtrend alert was issued.
Write to Chip Brian at cbrian@mysmartrend.com
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Copyright, Comtex News Network, Inc. 2011
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As of Friday, 07-22-2011 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated an UPTREND on
05-10-2011 for CCK @ $40.15.
As of Friday, 07-22-2011 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated an UPTREND on
05-31-2011 for GEF @ $65.58.
As of Friday, 07-22-2011 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated an UPTREND on
05-04-2011 for OI @ $31.49.
For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc.
**********************************************************************
As of Friday, 07-22-2011 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated an UPTREND on
05-10-2011 for CCK @ $40.15.
As of Friday, 07-22-2011 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated an UPTREND on
05-31-2011 for GEF @ $65.58.
As of Friday, 07-22-2011 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated an UPTREND on
05-04-2011 for OI @ $31.49.
For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc.
