TMCnet News
Cato is Among the Companies in the Apparel Retail Industry With the Lowest P/E Ratio (CATO, FL, AEO, BWS, GCO)Jul 19, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Apparel Retail 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.Cato ranks lowest with a a P/E ratio of 13.22. Following is Foot Locker with a a P/E ratio of 13.45. American Eagle Outfitters ranks third lowest with a a P/E ratio of 13.62. Brown Shoe follows with a a P/E ratio of 14.15, and Genesco rounds out the bottom five with a a P/E ratio of 14.37. SmarTrend recommended that subscribers consider buying shares of Brown Shoe on April 11th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $17.01. Since that recommendation, shares of Brown Shoe have risen 41.4%. We continue to monitor Brown Shoe 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 |