Carvana (CVNA)
(Delayed Data from NYSE)
$170.74 USD
+9.11 (5.64%)
Updated Sep 19, 2024 04:01 PM ET
After-Market: $170.67 -0.07 (-0.04%) 6:50 PM ET
2-Buy of 5 2
B Value A 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.
CVNA 170.74 +9.11(5.64%)
Will CVNA be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for CVNA based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CVNA
Carvana (CVNA) Outpaces Stock Market Gains: What You Should Know
Carvana Adds Over $10B to Market Cap in 2024: Too Late to Buy Stock?
CVNA: What are Zacks experts saying now?
Zacks Private Portfolio Services
Are Retail-Wholesale Stocks Lagging Boot Barn (BOOT) This Year?
Should Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) Be on Your Investing Radar?
Carvana (CVNA) is a Great Momentum Stock: Should You Buy?
Other News for CVNA
American Century High Income Fund Q2 2024 Commentary
Carvana Co (CVNA) Shares Up 4.15% on Sep 19
Used Car Seller Carvana On Road To $15B Revenue By 2025 As Unit Growth Accelerates: BofA
10 Consumer Discretionary Stocks Whale Activity In Today's Session
Intel lands AWS deal, prepares for possible factory split: Morning Buzz