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Shares of AerCap Holdings Rank the Lowest in Terms of P/E Ratio in the Aerospace & Defense Industry (AER, SPR, ATK, LLL, LMT)Jun 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Aerospace & Defense 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.AerCap Holdings ranks lowest with a a P/E ratio of 8.51. Spirit Aerosystems Holdings is next with a a P/E ratio of 8.54. Alliant Techsystems ranks third lowest with a a P/E ratio of 9.20. L-3 Communications follows with a a P/E ratio of 10.06, and Lockheed Martin rounds out the bottom five with a a P/E ratio of 10.12. SmarTrend recommended that subscribers consider buying shares of Alliant Techsystems on August 7th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $48.07. Since that recommendation, shares of Alliant Techsystems have risen 63.4%. We continue to monitor Alliant Techsystems 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 |