Strattec Security is Among the Companies in the Auto Parts & Equipment Industry With the Lowest PEG Ratio (STRT, MPAA, AXL, MGA, DAN)
Below are the three companies in the Auto Parts & Equipment 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.
Strattec Security ranks lowest with a a PEG ratio of 0.47. Following is Motorcar Parts of America with a a PEG ratio of 0.58. American Axle & Manufacturing ranks third lowest with a a PEG ratio of 0.73.
Magna International follows with a a PEG ratio of 0.74, and Dana rounds out the bottom five with a a PEG ratio of 0.75.
SmarTrend recommended that subscribers consider buying shares of Dana on July 21st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $12.40. Since that recommendation, shares of Dana have risen 15.3%. We continue to monitor Dana for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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