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Highest Forward Earnings Yield in the Railroads Industry Detected for CSX (CSX, NSC, UNP)

Published on Thu, 02/21/2013 - 11:40
By Robert Cotter

Below are the three companies in the Railroads 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.

CSX (NYSE:CSX) is highest with forward earnings yield of 7.9%. CSX Corporation is an international freight transportation company. The Company provides rail, intermodal, domestic container-shipping, barging, and contract logistics services around the world. CSX's rail transportation services are provided principally throughout the eastern United States.

In the past 52 weeks, shares of CSX have traded between a low of $18.88 and a high of $23.49 and are now at $22.58, which is 20% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

Following is Norfolk Southern (NYSE:NSC) with forward earnings yield of 7.6%.

Finishing up the top three is Union Pacific (NYSE:UNP), with forward earnings yield of 7.0%.

By Robert Cotter
rcotter@fnno.com