ConnectOne Bancorp (CNOB)
(Delayed Data from NSDQ)
$25.46 USD
-0.79 (-3.01%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $25.46 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
C Value F Growth A 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.
CNOB 25.46 -0.79(-3.01%)
Will CNOB be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for CNOB based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CNOB
Camden National to Acquire Northway Financial for $86.6M
ConnectOne Bancorp to Acquire The First of Long Island for $284M
CNOB: What are Zacks experts saying now?
Zacks Private Portfolio Services
ConnectOne (CNOB) Upgraded to Buy: Here's What You Should Know
Here's What Key Metrics Tell Us About ConnectOne (CNOB) Q2 Earnings
ConnectOne Bancorp (CNOB) Q2 Earnings and Revenues Surpass Estimates
Other News for CNOB
ConnectOne Bancorp Inc (CNOB) Trading 3.99% Higher on Sep 17
ConnectOne Bancorp to merge with First of Long Island in $284M deal
ConnectOne Bancorp Announces Merger with FLIC
ConnectOne Bancorp, Inc. to Expand on Long Island Through Merger with The First of Long Island Corporation
ConnectOne Bancorp, First of Long Island enter $284M merger agreement