Enovix Corporation (ENVX)
(Delayed Data from NSDQ)
$10.08 USD
+0.04 (0.40%)
Updated May 20, 2024 04:00 PM ET
After-Market: $10.04 -0.04 (-0.40%) 7:58 PM ET
3-Hold of 5 3
F Value D Growth F Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
ENVX 10.08 +0.04(0.40%)
Will ENVX be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for ENVX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ENVX
Enovix Corporation (ENVX) Reports Q1 Loss, Tops Revenue Estimates
Enovix Corporation (ENVX) Ascends While Market Falls: Some Facts to Note
ENVX: What are Zacks experts saying now?
Zacks Private Portfolio Services
Wall Street Bulls Look Optimistic About Enovix Corporation (ENVX): Should You Buy?
Why the Market Dipped But Enovix Corporation (ENVX) Gained Today
Enovix Corporation (ENVX) Stock Drops Despite Market Gains: Important Facts to Note
Other News for ENVX
Biden administration seeks end to federal coal leasing in Powder River Basin
Enovix management to meet with Loop Capital
What You Missed On Wall Street This Morning
Enovix Begins Customer Sampling of EX-1M Batteries
Enovix begins customer sampling of EX-1M batteries