Consolidated Edison (ED)
(Delayed Data from NYSE)
$94.11 USD
+0.68 (0.73%)
Updated Apr 25, 2024 04:00 PM ET
After-Market: $94.12 +0.01 (0.01%) 7:58 PM ET
3-Hold of 5 3
C Value C Growth B Momentum C 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.
ED 94.11 +0.68(0.73%)
Will ED be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for ED based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ED
Consolidated Edison (ED) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
CMS Energy (CMS) Arm to Power Walmart Stores With Clean Energy
ED: What are Zacks experts saying now?
Zacks Private Portfolio Services
The Zacks Analyst Blog Highlights Meta Platforms, Chipotle Mexican Grill, Walt Disney, Consolidated Edison and S&P Global
5 Solid Stocks to Bet On This Earnings Season
Zacks Industry Outlook Highlights NextEra Energy, Consolidated Edison, EverSource Energy and CenterPoint Energy
Other News for ED
Consolidated Edison Inc. stock underperforms Wednesday when compared to competitors despite daily gains
Analysts Offer Insights on Utilities Companies: Dominion Energy (D), NextEra Energy (NEE) and Consolidated Edison (ED)
Earth Day is here but green energy ETFs have struggled in 2024
RBC Capital Remains a Hold on Consolidated Edison (ED)
Consolidated Edison price target lowered by $6 at Scotiabank, here's why