Huntington Bancshares (HBAN)
(Delayed Data from NSDQ)
$14.56 USD
-0.01 (-0.07%)
Updated Sep 18, 2024 04:00 PM ET
After-Market: $14.55 -0.01 (-0.07%) 5:48 PM ET
2-Buy of 5 2
B Value F Growth F Momentum F 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.
HBAN 14.56 -0.01(-0.07%)
Will HBAN be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for HBAN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for HBAN
HBAN vs. CBSH: Which Stock Is the Better Value Option?
Huntington's Strategic Initiatives Look Promising: Is the Stock a Buy?
HBAN: What are Zacks experts saying now?
Zacks Private Portfolio Services
State Street Collaborates With Apollo, Enhances Private Markets Access
SEI Investments Collaborates With KKR to Boost Alternative Investments
HBAN Stock Rises on North & South Carolina Branch Expansion
Other News for HBAN
Huntington Bancshares Incorporated Decreases Its Prime Rate To 8 Percent
Huntington Bancshares cuts prime rate to 8% from 8.5%
Huntington Bank Announces Mike Maeser as New Regional President in Minnesota
The Huntington National Bank Names Patrice DeCorrevont Regional President of Illinois/Wisconsin
FDIC board approves new, stricter policy on bank merger transactions