Ring Energy (REI)
(Delayed Data from AMEX)
$2.00 USD
+0.01 (0.50%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $1.98 -0.02 (-1.00%) 7:58 PM ET
4-Sell of 5 4
A Value C Growth A 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.
REI 2.00 +0.01(0.50%)
Will REI be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for REI based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for REI
EOG Resources (EOG) Earnings Expected to Grow: Should You Buy?
Ring Energy (REI) to Report Q1 Results: What Awaits?
REI: What are Zacks experts saying now?
Zacks Private Portfolio Services
Ring Energy (REI) Misses Q4 Earnings Estimates
HighPeak Energy, Inc. (HPK) Tops Q4 Earnings Estimates
Talos Energy (TALO) Reports Q4 Loss, Misses Revenue Estimates
Other News for REI
Ring Energy Announces Timing of First Quarter 2024 Earnings Release and Conference Call
7 Penny Stocks to Buy That Can Skyrocket Like Carvana
3 Penny Stocks That Could Be Multibaggers in the Making: April Edition
What Is the Best $5 Stock to Buy in April? 3 Top Picks.
Ring Energy Board Members Announce Retirement Plans