user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 569050 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Top 3 Companies in the Communications Equipment Industry With the Highest Forward Earnings Yield (BBOX, ELX, ARRS)

Published on Fri, 09/20/2013 - 10:44
By Mallory Stone

Below are the three companies in the Communications Equipment 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.

Black Box (NASDAQ:BBOX) is highest with forward earnings yield of 9.4%. Black Box Corporation provides technical network services and related products to businesses. The Company offers standard networking products through its catalog and its Web site. Black Box designs and builds custom products and operates subsidiaries throughout the world.

There is potential upside of 5.2% for shares of Black Box based on a current price of $29.46 and an average consensus analyst price target of $31.00. Black Box shares have support at the 50-day moving average (MA) of $28.18 and additional support at the 200-day MA of $25.40.

Following is Emulex (NYSE:ELX) with forward earnings yield of 8.6%.

Finishing up the top three is Arris Group (NASDAQ:ARRS), with forward earnings yield of 8.2%.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Advance Auto Parts Earnings In Retrospec...

Two weeks ago on August 14th, 2014 Advance Auto Parts (NYSE:AAP) reported earnings and ...

Earnings Flashback: Since Reporting Quar...

When Flowers Foods (NYSE:FLO) reported earnings 18 days ago on August 12th, 2014, analy ...

American Eagle Outfitters Earnings Hinds...

When American Eagle Outfitters (NYSE:AEO) reported earnings 10 days ago on August 20th, ...

Post Earnings Update: K12 Has Sunk 3.0% ...

When K12 (NYSE:LRN) reported earnings 16 days ago on August 14th, 2014, analysts, on av ...

AnnTaylor Stores Earnings Hindsight: Up ...

When AnnTaylor Stores (NYSE:ANN) reported earnings 8 days ago on August 22nd, 2014, ana ...

Resolute Energy Earnings Review: 19 Days...

Two weeks ago on August 11th, 2014 Resolute Energy (NYSE:REN) reported earnings and ana ...

salesforce.com Earnings Review: 9 Days a...

When salesforce.com (NYSE:CRM) reported earnings a week ago on August 21st, 2014, analy ...

Post Earnings Update: JM Smucker Has Cli...

When JM Smucker (NYSE:SJM) reported earnings 10 days ago on August 20th, 2014, analysts ...