Relatively Low PEG Ratio Detected in Shares of Echo Global Logistics in the Air Freight & Logistics Industry (ECHO, AAWW, FDX, FWRD, HUBG)
Below are the three companies in the Air Freight & Logistics 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.
Echo Global Logistics ranks lowest with a a PEG ratio of 0.74. Following is Atlas Air Worldwide Holdings with a a PEG ratio of 0.86. FedEx ranks third lowest with a a PEG ratio of 1.16.
Forward Air follows with a a PEG ratio of 1.51, and HUB Group rounds out the bottom five with a a PEG ratio of 1.55.
SmarTrend recommended that its subscribers protect gains by selling shares of Echo Global Logistics on September 12th, 2016 by issuing a Downtrend alert when the shares were trading at $23.95. Since that call, shares of Echo Global Logistics have fallen 7.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest peg ratio Echo Global Logistics atlas air worldwide holdings FedEx forward air hub group