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Top 3 Companies in the Specialty Stores Industry With the Highest Forward Earnings Yield (SPLS, SIG, BGFV)

Published on Fri, 06/21/2013 - 10:44
By Adrienne Chilton

Below are the three companies in the Specialty Stores 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.

Staples (NASDAQ:SPLS) is highest with forward earnings yield of 8.4%. Staples, Inc. retails office supplies, furniture, and technology. The Company's customers include consumers and businesses in the United States, Canada, the United Kingdom, and Germany. Staples serves its customers through office superstores, mail order catalogs, the Internet, and a contract business.

Over the past year, Staples has traded in a range of $10.57 to $16.63 and is now at $15.79, 49% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.5%.

Signet Jewelers (NYSE:SIG) is next with forward earnings yield of 7.3%.

Finishing up the top three is Big 5 Sporting Goods (NASDAQ:BGFV), with forward earnings yield of 6.6%.

By Adrienne Chilton
achilton@fnno.com