WebRCT Industry News


TMCNet:  Lowest Forward P/E Ratio in the Alternative Carriers Industry Detected in Shares of Iridiummmunications (IRDM, VG, PGI, TWTC, LVLT)

[January 24, 2013]

Lowest Forward P/E Ratio in the Alternative Carriers Industry Detected in Shares of Iridiummmunications (IRDM, VG, PGI, TWTC, LVLT)

Jan 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 7.98. Following is Vonage with a a forward P/E ratio of 9.42. Premiere Global Services ranks third lowest with a a forward P/E ratio of 10.94.


tw telecom follows with a a forward P/E ratio of 38.63, and Level 3 Communications rounds out the bottom five with a a forward P/E ratio of 59.08.

SmarTrend recommended that subscribers consider buying shares of Level 3 Communications on December 12th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $20.81. Since that recommendation, shares of Level 3 Communications have risen 17.6%. We continue to monitor Level 3 Communications for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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 Homepage ]

Stay Connected with WebRTC World

Free WebRTC eNewsletter

Sign up now to recieve your free WebRTC eNewsletter for all up to date news and conference details. Its free! what are you waiting for.

Featured Videos