Relatively Low PEG Ratio Detected in Shares of Boyd Gaming in the Casinos & Gaming Industry (BYD, CNTY, PNK, MCRI, IGT)
Below are the three companies in the Casinos & Gaming 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.
Boyd Gaming ranks lowest with a a PEG ratio of 0.13. Century Casinos is next with a a PEG ratio of 0.50. Pinnacle Entertainment ranks third lowest with a a PEG ratio of 1.43.
Monarch Casino & Resort follows with a a PEG ratio of 1.54, and International Game Technology rounds out the bottom five with a a PEG ratio of 2.40.
SmarTrend recommended that subscribers consider buying shares of International Game Technology on July 20th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $20.07. Since that recommendation, shares of International Game Technology have risen 21.6%. We continue to monitor International Game Technology for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest peg ratio boyd gaming century casinos pinnacle entertainment monarch casino & resort international game technology