Novanta (NOVT)
(Delayed Data from NSDQ)
$161.14 USD
+1.25 (0.78%)
Updated May 6, 2024 04:00 PM ET
After-Market: $160.87 -0.27 (-0.17%) 7:58 PM ET
3-Hold of 5 3
F Value B Growth B 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.
NOVT 161.14 +1.25(0.78%)
Will NOVT be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for NOVT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NOVT
Fabrinet (FN) Q3 Earnings and Revenues Surpass Estimates
Rogers Corp. (ROG) Tops Q1 Earnings and Revenue Estimates
NOVT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Zacks Industry Outlook Highlights TE Connectivity, BWX Technologies and Novanta
3 Top Electronics Stocks to Overcome Industry Headwinds
Novanta (NOVT) Meets Q4 Earnings Estimates
Other News for NOVT
Notable earnings before Tuesday's open
Novanta Q1 2024 Earnings Preview
Novanta to Present at Baird's 2024 Global Consumer, Technology & Services Conference on Wednesday, June 5, 2024
What's Driving Sensata Technologies Holding PLC's Surprising 11% Stock Rally?
Novanta to Present at the William Blair 44th Annual Growth Stock Conference on Tuesday, June 4, 2024