[May 24, 2013] Iridiummmunications is Among the Companies in the Alternative Carriers Industry With the Lowest Forward P/E Ratio (IRDM, PGI, VG, LVLT, TWTC) Tweet May 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Alternative Carriers industry with the lowest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.Iridiummmunications ranks lowest with a a forward P/E ratio of 6.15. Premiere Global Services is next with a a forward P/E ratio of 11.94. Vonage ranks third lowest with a a forward P/E ratio of 12.81. Level 3 Communications follows with a a forward P/E ratio of 34.87, and tw telecom rounds out the bottom five with a a forward P/E ratio of 39.20. SmarTrend recommended that subscribers consider buying shares of tw telecom on April 8th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $26.15. Since that recommendation, shares of tw telecom have risen 9.0%. We continue to monitor tw telecom 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 [ Back To TMCnet.com's Homepage ]