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Shares of Iridiummmunications Rank the Lowest in Terms of PEG Ratio in the Alternative Carriers Industry (IRDM, VG, EGHT, LVLT, CCOI)

By James Quinn

Below are the three companies in the Alternative Carriers 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.

Iridiummmunications ranks lowest with a a PEG ratio of 0.87. Following is Vonage with a a PEG ratio of 2.67. 8X8 INC ranks third lowest with a a PEG ratio of 4.90.

Level 3 Communications follows with a a PEG ratio of 5.31, and Cogent Communications rounds out the bottom five with a a PEG ratio of 17.70.

SmarTrend recommended that subscribers consider buying shares of 8X8 INC on April 15th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $10.84. Since that recommendation, shares of 8X8 INC have risen 40.0%. We continue to monitor 8X8 INC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest peg ratio iridiummmunications vonage 8x8 inc level 3 communications cogent communications