Lowest PEG Ratio in the Regional Banks Industry Detected in Shares of Old National Bancorp (ONB, SYBT, HTH, RNST, SUBK)
Below are the three companies in the Regional Banks 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.
Old National Bancorp ranks lowest with a a PEG ratio of 0.51. SY Bancorp is next with a a PEG ratio of 0.89. Hilltop Holdings ranks third lowest with a a PEG ratio of 0.96.
Renasant follows with a a PEG ratio of 0.97, and Suffolk Bancorp rounds out the bottom five with a a PEG ratio of 1.05.
SmarTrend recommended that its subscribers protect gains by selling shares of Suffolk Bancorp on December 9th, 2015 by issuing a Downtrend alert when the shares were trading at $28.28. Since that call, shares of Suffolk Bancorp have fallen 3.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest peg ratio old national bancorp sy bancorp hilltop holdings renasant suffolk bancorp