Acorn Energy (ACFN)
(Delayed Data from OTC)
$7.95 USD
+0.39 (5.16%)
Updated Apr 23, 2024 12:16 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental 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.
ACFN 7.95 +0.39(5.16%)
Will ACFN be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for ACFN based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for ACFN
Acorn Energy reports FY results
Acorn’s 2023 EPS Improves to $0.05 vs. ($0.25) Loss Per Share on 15% Revenue Increase; Anticipates Continued Revenue and Earnings Growth in 2024
Acorn Energy reports Q4 EPS 3c vs. (3c) last year
ACFN Stock Earnings: Acorn Energy Reported Results for Q4 2023
Acorn, Provider of Remote Monitoring and Control Solutions for Backup Generators, Hosts Q4 Investor Call Thurs., March 7th at 11am ET