Shares of Garmin Rank the Highest in Terms of PEG Ratio in the Consumer Electronics Industry (GRMN, UEIC, ZAGG, HAR, GPRO)
Below are the three companies in the Consumer Electronics industry with the highest 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.
Garmin ranks highest with a a PEG ratio of 2.81. Universal Electronics is next with a a PEG ratio of 1.78. Zagg ranks third highest with a a PEG ratio of 0.80.
Harman International Industries follows with a a PEG ratio of 0.77, and Gen-Probe rounds out the top five with a a PEG ratio of 0.28.
SmarTrend recommended that subscribers consider buying shares of Garmin on July 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $44.43. Since that recommendation, shares of Garmin have risen 16.6%. We continue to monitor Garmin for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest peg ratio Garmin universal electronics harman international industries amex:gpro Gen-Probe