Clover Health Investments (CLOV)
(Delayed Data from NSDQ)
$0.67 USD
+0.02 (3.08%)
Updated Apr 25, 2024 04:00 PM ET
After-Market: $0.67 0.00 (0.00%) 7:16 PM ET
4-Sell of 5 4
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.
CLOV 0.67 +0.02(3.08%)
Will CLOV be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for CLOV based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CLOV
3 Medical Info Systems Stocks to Buy as Industry Rebounds
Clover Health Investments, Corp. (CLOV) Upgraded to Buy: Here's Why
CLOV: What are Zacks experts saying now?
Zacks Private Portfolio Services
Are Medical Stocks Lagging Clover Health Investments (CLOV) This Year?
Are Medical Stocks Lagging Axcella Health (AXLA) This Year?
Are Medical Stocks Lagging Clover Health Investments (CLOV) This Year?
Other News for CLOV
Clover Health to Report First Quarter 2024 Financial Results on May 7, 2024
Clover Health Appoints Healthcare Technology Veteran Peter Kuipers as Chief Financial Officer
Clover Health Appoints Peter Kuipers as New CFO
Clover Health appoints Peter Kuipers as CFO
Clover Health appoints Peter Kuipers as CFO