Cerence (CRNC)
(Delayed Data from NSDQ)
$2.51 USD
+0.07 (2.87%)
Updated Sep 18, 2024 04:00 PM ET
After-Market: $2.58 +0.07 (2.79%) 7:58 PM ET
1-Strong Buy of 5 1
A Value C Growth A 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.
CRNC 2.51 +0.07(2.87%)
Will CRNC be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for CRNC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CRNC
Cerence Boosts Skoda's In-Car Experience: Should You Buy CRNC Stock?
Cerence Stock Surges 15.3% in a Month: Should You Buy the Stock?
CRNC: What are Zacks experts saying now?
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Other News for CRNC
Skoda Deploys Cerence Chat Pro, Bringing Generative AI to its Voice Assistant, Laura
Cerence announces deployment of Cerence Chat Pro in Skoda vehicles
Columbia Seligman Global Technology Fund Q2 2024 Investment Commentary
Analysts Offer Insights on Technology Companies: Genpact (G), Trade Desk (TTD) and Cerence (CRNC)
Cerence price target lowered by $2 at TD Cowen, here's why