Relatively Low PEG Ratio Detected in Shares of United Continental Holdings in the Airlines Industry (UAL, JBLU, RJET, DAL, ALGT)
Below are the three companies in the Airlines 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.
United Continental Holdings ranks lowest with a a PEG ratio of 0.23. Following is JetBlue Airways with a a PEG ratio of 0.32. Republic Airways Holdings ranks third lowest with a a PEG ratio of 0.35.
Delta Air Lines follows with a a PEG ratio of 0.40, and Allegiant Travel rounds out the bottom five with a a PEG ratio of 0.64.
SmarTrend recommended that subscribers consider buying shares of Allegiant Travel on October 5th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $140.43. Since that recommendation, shares of Allegiant Travel have risen 10.0%. We continue to monitor Allegiant Travel for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest peg ratio united continental holdings JetBlue Airways republic airways holdings Delta Air Lines allegiant travel