Magnite (MGNI)
(Delayed Data from NSDQ)
$9.14 USD
+0.09 (0.99%)
Updated May 13, 2024 04:00 PM ET
After-Market: $9.14 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
B Value D Growth C Momentum C 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.
MGNI 9.14 +0.09(0.99%)
Will MGNI be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for MGNI based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MGNI
Magnite (MGNI) Tops Q1 Earnings and Revenue Estimates
Magnite (MGNI) to Report Q1 Earnings: What's in the Cards?
MGNI: What are Zacks experts saying now?
Zacks Private Portfolio Services
Magnite (MGNI) Rises Higher Than Market: Key Facts
MGNI vs. PANW: Which Stock Should Value Investors Buy Now?
Is Magnite (MGNI) Stock Outpacing Its Computer and Technology Peers This Year?
Other News for MGNI
Magnite to Participate in Upcoming Financial Conferences
Magnite Inc (MGNI) Q1 2024 Earnings: Revenue and Contribution Growth Amid Challenges
The Trade Desk Surges on Q1 Earnings Beat and Robust CTV Growth
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