Magna International (MGA)
(Delayed Data from NYSE)
$49.12 USD
+0.42 (0.86%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $49.11 -0.01 (-0.02%) 7:58 PM ET
3-Hold of 5 3
A Value A Growth B Momentum A 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.
MGA 49.12 +0.42(0.86%)
Will MGA be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for MGA based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MGA
Magna (MGA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Magna (MGA) Q4 Earnings Miss Expectations, Increase Y/Y
MGA: What are Zacks experts saying now?
Zacks Private Portfolio Services
Magna (MGA) Reports Q4 Earnings: What Key Metrics Have to Say
Magna (MGA) Lags Q4 Earnings Estimates
Allison Transmission (ALSN) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
Other News for MGA
Metalsgrove Mining Launches Multi-Million Share Offer
Metalsgrove Mining Launches Shareholder Offer
Wall Street Breakfast: The Week Ahead
Catalyst Watch: Apple earnings, Viking IPO, Chinese EV deliveries and Russell indices' Rank Day
EV Extinction Event: 3 Electric Vehicle Stocks That Won’t Exist in 5 Years