TMCnet News
Highest PEG Ratio in the Multi-line Insurance Industry Detected in Shares of Eastern Insurance Holdings (EIHI, AFG, GNW, HCC, HMN)May 29, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Multi-line Insurance 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. Eastern Insurance Holdings ranks highest with a a PEG ratio of 2.01. American Financial is next with a a PEG ratio of 1.32. Genworth Financial ranks third highest with a a PEG ratio of 1.24. HCC Insurance Holdings follows with a a PEG ratio of 1.15, and Horace Mann Educators rounds out the top five with a a PEG ratio of 1.08. SmarTrend recommended that subscribers consider buying shares of Eastern Insurance Holdings on December 10th, 2009 as our technology indicated a new Uptrend was in progress when shares hit $8.81. Since that recommendation, shares of Eastern Insurance Holdings have risen 71.3%. We continue to monitor Eastern Insurance Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
