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Top 3 Companies in the Publishing Industry With the Lowest PEG Ratio (GSOL, MDP, MNI)

Published on Tue, 03/12/2013 - 10:18
By Peter Chu

Below are the three companies in the Publishing 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.

Global Sources (NASDAQ:GSOL) is lowest with a PEG ratio of 0.78. Global Sources Ltd. creates and facilitates global trade between buyers and suppliers. The Company's integrated sourcing and marketing solutions enable importers to buy, and exporters to sell, more effectively and profitably. Global Sources aggregates and formats industry-specific supplier and product information, then delivers this content to its buyer community worldwide.

There is potential upside of 24.0% for shares of Global Sources based on a current price of $7.26 and an average consensus analyst price target of $9.00. The stock should find resistance at its 50-day moving average (MA) of $7.59, as well as support at its 200-day MA of $6.53.

Following is Meredith (NYSE:MDP) with a PEG ratio of 0.87.

Finishing up the bottom three is McClatchy (NYSE:MNI), with a PEG ratio of 1.27.

By Peter Chu