May 10, 2013 (Fast Lane via COMTEX) -- Below are the three companies in the Automotive Retail 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.
Lithia Motors (NYSE:LAD) is lowest with a PEG ratio of 0.52. Lithia Motors, Inc. retail sells new and used vehicles in the western United States. The Company offers domestic and imported makes of new automobiles and light trucks through dealerships in California, Oregon, Washington, and Nevada. Lithia also arranges related financing and insurance contracts, as well as provides vehicle parts, maintenance, and repair services. Lithia Motors share prices have moved between a 52-week high of $51.99 and a 52-week low of $21.45 and are now trading 139% above that low price at $51.25 per share. Over the past week, the 200-day moving average (MA) has gone up 1.3% while the 50-day MA has advanced 1.7%.
Asbury Automotive (NYSE:ABG) is next with a PEG ratio of 0.59. Finishing up the bottom three is Penske Auto Group (NYSE:PAG), with a PEG ratio of 0.61. ---------------------------------------------------------------------------------------------
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