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CHICAGO--(BUSINESS WIRE)--If you
like to use a company’s P/E ratio to determine its
value, then you’ll love using the PEG Ratio Profit
Track. The PEG Ratio can calculate if a stock is undervalued relative to its
expected future growth. Find out which companies offer the greatest value
regardless of growth rate to enjoy stellar returns. Four stocks meeting this
screen’s exclusive criteria are: United States Steel
Corp. (NYSE: X), Continental Resources Inc. (NYSE: CLR), Argo
Group International Holdings, Ltd. (NASDAQ: AGII) and Mariner Energy Inc.
(NYSE: ME). View the entire list of stocks for the PEG Ratio Profit
Track at http://at.zacks.com/?id=1837.
Here are details about four companies currently identified by the PEG Ratio
Profit Track:
United States Steel Corp. (NYSE: X) sports an average broker
recommendation of 1.94 and a PEG ratio of .54. In the first quarter, X delivered
an earnings per share surprise of 27.57% and reported net earnings of $2.36 per
share, compared to $1.27 in the preceding quarter. In addition, the company is
currently enjoying a Zacks #1 Rank and a per share price of $157.75. X is a
manufacturer and seller of a variety of steel mill products, coke and taconite
pellets.
Continental Resources Inc. (NYSE: CLR) is a crude-oil concentrated,
independent oil and natural gas exploration and production company. The Zacks #1
Rank earned its place on the PEG Ratio profit track with an average broker
recommendation of 2.17 and a PEG ratio of .21. CLR reported first quarter
earnings of 53 cents per share, compared to 34 cents in the previous year.
Analysts were expecting the company to report earnings of 48 cents per share.
Argo Group International Holdings, Ltd. (NASDAQ: AGII) enjoys a Zacks
#1 Rank and a PEG ratio of .28, making this undervalued stock a great pick for
the PEG ratio profit track. In the first quarter, AGII reported earnings of
$1.17 per share, compared to 79 cents in the previous quarter. Furthermore, the
company sports an average broker recommendation of 1.25 and a 12-month trailing
PE of 84.17. AGII provides reinsurance products and services to a worldwide
marketplace.
Mariner Energy Inc. (NYSE: ME) reported year-over-year first quarter
net earnings of 82 cents per share, compared to 45 cents. The company qualifies
for the PEG ratio profit track with a 12-month trailing PE of 15.27 and an
average broker recommendation of 2.24. ME is an independent oil and gas
exploration, development and production company with principal operations in the
Gulf of Mexico and the Permian Basin in West Texas.
Discover all the current stocks currently on the PEG Ratio Profit Track at:
http://at.zacks.com/?id=1868
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