Goodyear (GT)
(Delayed Data from NSDQ)
$8.22 USD
+0.16 (1.99%)
Updated Sep 24, 2024 04:00 PM ET
After-Market: $8.24 +0.02 (0.24%) 7:58 PM ET
4-Sell of 5 4
A Value A Growth C 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.
GT 8.22 +0.16(1.99%)
Will GT be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for GT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for GT
Why Is Goodyear (GT) Down 11.8% Since Last Earnings Report?
Goodyear Stock Falls 38.8% YTD: Buy the Dip or Time to Sell?
GT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Goodyear's (GT) Shares Fall 33.5% Since Q2 Earnings Beat
Goodyear (GT) Reliance on International Sales: What Investors Need to Know
Goodyear (GT) Reports Q2 Earnings: What Key Metrics Have to Say
Other News for GT
Tire Producers: Healthy Dividends With Defensive History
January 2027 Options Now Available For Goodyear Tire & Rubber (GT)
Morgan Stanley Sticks to Their Hold Rating for GoodYear Tire (GT)
Goodyear Tire put volume heavy and directionally bearish
Goodyear Tire put volume heavy and directionally bearish