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Relatively High PEG Ratio Detected in Shares of Garmin in the Consumer Electronics Industry (GRMN, UEIC, ZAGG, HAR, GPRO)

By Shiri Gupta

Below are the three companies in the Consumer Electronics industry with the highest 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.

Garmin ranks highest with a a PEG ratio of 2.52. Following is Universal Electronics with a a PEG ratio of 1.59. Zagg ranks third highest with a a PEG ratio of 0.85.

Harman International Industries follows with a a PEG ratio of 0.75, and Gen-Probe rounds out the top five with a a PEG ratio of 0.29.

SmarTrend recommended that its subscribers protect gains by selling shares of Gen-Probe on October 12th, 2016 by issuing a Downtrend alert when the shares were trading at $14.57. Since that call, shares of Gen-Probe have fallen 6.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest peg ratio Garmin universal electronics harman international industries amex:gpro Gen-Probe