OPENLANE, Inc. (KAR)
(Delayed Data from NYSE)
$17.58 USD
+0.13 (0.75%)
Updated May 2, 2024 04:00 PM ET
2-Buy of 5 2
B Value C Growth B 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.
KAR 17.58 +0.13(0.75%)
Will KAR be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for KAR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for KAR
OPENLANE (KAR) Misses Q1 Earnings and Revenue Estimates
Earnings Preview: BorgWarner (BWA) Q1 Earnings Expected to Decline
KAR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Why OPENLANE (KAR) is Poised to Beat Earnings Estimates Again
OPENLANE (KAR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Are Auto-Tires-Trucks Stocks Lagging Geely Automobile (GELYY) This Year?
Other News for KAR
Openlane price target raised by $2 at Baird, here's why
Openlane Inc (KAR) Q1 2024 Earnings Call Transcript Highlights: Key Financial Achievements and ...
OPENLANE: Q1 Earnings Snapshot
OPENLANE, Inc. Reports First Quarter 2024 Financial Results
OPENLANE, Inc. (KAR) Q1 2024 Earnings Call Transcript