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Iridiummmunications is Among the Companies in the Alternative Carriers Industry With the Lowest PEG Ratio (IRDM, VG, LVLT, EGHT, CCOI)

By David Diaz

Below are the three companies in the Alternative Carriers industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

Iridiummmunications ranks lowest with a a PEG ratio of 0.73. Following is Vonage with a a PEG ratio of 2.93. Level 3 Communications ranks third lowest with a a PEG ratio of 4.62.

8X8 INC follows with a a PEG ratio of 4.86, and Cogent Communications rounds out the bottom five with a a PEG ratio of 15.04.

SmarTrend recommended that its subscribers protect gains by selling shares of Cogent Communications on August 4th, 2016 by issuing a Downtrend alert when the shares were trading at $39.30. Since that call, shares of Cogent Communications have fallen 8.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest peg ratio iridiummmunications vonage level 3 communications 8x8 inc cogent communications