• Return to Headlines

Relatively Low PEG Ratio Detected in Shares of Ingles Markets in the Food Retail Industry (IMKTA, SVU, KR, WFM, CASY)

By Nick Russo

Below are the three companies in the Food Retail 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.

Ingles Markets ranks lowest with a a PEG ratio of 0.78. Following is SUPERVALU with a a PEG ratio of 1.49. Kroger ranks third lowest with a a PEG ratio of 1.77.

Whole Foods Market follows with a a PEG ratio of 1.94, and Casey's General Stores rounds out the bottom five with a a PEG ratio of 2.59.

SmarTrend recommended that subscribers consider buying shares of Casey's General Stores on March 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $109.58. Since that recommendation, shares of Casey's General Stores have risen 19.3%. We continue to monitor Casey's General Stores for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest peg ratio ingles markets SuperValu Kroger Whole Foods Market casey's general stores