TMCnet News
Lowest P/E Ratio in the Data Processing & Outsourced Services Industry Detected in Shares of Western Union (WU, LPS, CSC, FIS, CSGS)May 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Data Processing & Outsourced Services industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.Western Union ranks lowest with a a P/E ratio of 9.58. Lender Processing Services is next with a a P/E ratio of 10.76. Computer Sciences ranks third lowest with a a P/E ratio of 11.02. Fidelity National Information Services follows with a a P/E ratio of 11.10, and CSG Systems rounds out the bottom five with a a P/E ratio of 14.18. SmarTrend recommended that subscribers consider buying shares of Fidelity National Information Services on January 10th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $36.19. Since that recommendation, shares of Fidelity National Information Services have risen 25.1%. We continue to monitor Fidelity National Information Services 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 |
