Relatively Low PEG Ratio Detected in Shares of Iconix Brand in the Apparel, Accessories & Luxury Industry (ICON, MOV, LAKE, CHKE, PERY)
Below are the three companies in the Apparel, Accessories & Luxury 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.
Iconix Brand ranks lowest with a a PEG ratio of 0.33. Movado is next with a a PEG ratio of 0.62. Lakeland Industries ranks third lowest with a a PEG ratio of 0.71.
Cherokee follows with a a PEG ratio of 0.73, and Perry Ellis rounds out the bottom five with a a PEG ratio of 0.92.
SmarTrend recommended that subscribers consider buying shares of Perry Ellis on May 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $19.72. Since that recommendation, shares of Perry Ellis have risen 11.4%. We continue to monitor Perry Ellis for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest peg ratio iconix brand movado lakeland industries cherokee perry ellis