Align Technology (ALGN)
(Real Time Quote from BATS)
$310.36 USD
-0.14 (-0.05%)
Updated Apr 26, 2024 09:36 AM ET
2-Buy of 5 2
C Value D Growth D Momentum D 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.
ALGN 310.36 -0.14(-0.05%)
Will ALGN be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for ALGN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ALGN
Align Technology (ALGN) Q1 Earnings Top, 2024 Sales View Up
Align Technology (ALGN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ALGN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Align Technology (ALGN) Surpasses Q1 Earnings and Revenue Estimates
What's in Store for These 4 Medical Products Stocks in Q1 Earnings?
What Analyst Projections for Key Metrics Reveal About Align Technology (ALGN) Q1 Earnings
Other News for ALGN
Align Technology Announces $150 Million Open Market Repurchase
Align Technology announces $150 million open market repurchase
Align Technology announces $150M share repurchase program
Align Tech Announces $150 Million Stock Buyback Plan
Align Technology price target raised by $16 at Morgan Stanley, here's why