Below are the three companies in the Semiconductors industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.
Cirrus Logic (NASDAQ:CRUS) is lowest with a PEG ratio of 0.28. Cirrus Logic, Inc. designs and manufactures integrated circuits that employ precision linear and advanced mixed-signal processing technologies. The Company's products enable system-level applications in mass storage, audio, and precision data conversion. Cirrus serves a broad customer base in the mass storage, industrial, and audio markets.
In the past 52 weeks, Cirrus Logic share prices have been bracketed by a low of $17.33 and a high of $45.49 and are now at $23.14, 34% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has slid 0.4%.
Following is NXP Semiconductors (NASDAQ:NXPI) with a PEG ratio of 0.37.
Finishing up the bottom three is SunPower (NASDAQ:SPWRA), with a PEG ratio of 0.45.