InnovAge (INNV)
(Delayed Data from NSDQ)
$3.84 USD
+0.02 (0.47%)
Updated May 17, 2024 11:29 AM ET
3-Hold of 5 3
C Value B Growth D Momentum B 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.
INNV 3.84 +0.02(0.47%)
Will INNV be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for INNV based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for INNV
Alignment Healthcare (ALHC) Reports Q1 Loss, Tops Revenue Estimates
InnovAge Holding Corp. (INNV) Reports Q2 Loss, Tops Revenue Estimates
INNV: What are Zacks experts saying now?
Zacks Private Portfolio Services
InnovAge Holding Corp. (INNV) Reports Q1 Loss, Tops Revenue Estimates
InnovAge Holding Corp. (INNV) Reports Q4 Loss, Tops Revenue Estimates
InnovAge Holding Corp. (INNV) Soars 15.4%: Is Further Upside Left in the Stock?
Other News for INNV
InnovAge Holding Corp. (INNV) Q3 2024 Earnings Call Transcript
InnovAge Holding Corp (INNV) (Q3 2024) Earnings Call Transcript Highlights: Navigating ...
InnovAge Announces Financial Results for the Fiscal Third Quarter Ended March 31, 2024
INNV Stock Earnings: InnovAge Holding Misses EPS, Beats Revenue for Q3 2024
InnovAge Holding Corp (INNV) Fiscal Q3 Earnings: Navigating Challenges with Improved ...