Commercial Metals (CMC)
(Delayed Data from NYSE)
$53.48 USD
-0.23 (-0.43%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $53.46 -0.02 (-0.04%) 7:58 PM ET
3-Hold of 5 3
A Value C Growth B 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.
CMC 53.48 -0.23(-0.43%)
Will CMC be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for CMC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CMC
If You Invested $1000 in Commercial Metals 10 Years Ago, This Is How Much You'd Have Now
The Zacks Analyst Blog Highlights Independent Bank, Northeast Community Bancorp, STMicroelectronics, Commercial Metals and JPMorgan Chase
CMC: What are Zacks experts saying now?
Zacks Private Portfolio Services
5 Stocks Worth Watching on Dividend Hikes
Commercial Metals (CMC) Earnings Beat Estimates in Q2, Dip Y/Y
Stock Market News for Mar 22, 2024
Other News for CMC
JPMorgan Chase & Co.: Strong Buy Rating Affirmed Amid Solid Financial Performance and Positive Outlook
XME ETF: Time to Check Out Metals and Mining Stocks?
Noteworthy Tuesday Option Activity: CMC, RBLX, VLY
Looking Into Commercial Metals's Recent Short Interest
Wells Fargo Keeps Their Buy Rating on JPMorgan Chase & Co. (JPM)