TMCNet:  iGate has the Highest P/E Ratio in the IT Consulting & Other Services Industry (IGTE, LIOX, ACXM, CSPI, FORR)

[April 11, 2012]

iGate has the Highest P/E Ratio in the IT Consulting & Other Services Industry (IGTE, LIOX, ACXM, CSPI, FORR)

Apr 11, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the IT Consulting & Other Services industry with the highest 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.iGate ranks highest with a a P/E ratio of 38.77. Following is Lionbridge Technologies with a a P/E ratio of 36.57. Acxiom ranks third highest with a a P/E ratio of 35.26.


CSP follows with a a P/E ratio of 33.08, and Forrester Research rounds out the top five with a a P/E ratio of 31.21.

SmarTrend recommended that subscribers consider buying shares of iGate on September 27th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $12.41. Since that recommendation, shares of iGate have risen 37.4%. We continue to monitor iGate for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

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