Hess Midstream Partners (HESM)
(Delayed Data from NYSE)
$35.76 USD
+0.16 (0.45%)
Updated Sep 25, 2024 04:00 PM ET
After-Market: $35.74 -0.02 (-0.06%) 7:56 PM ET
2-Buy of 5 2
D Value B Growth A Momentum B 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.
HESM 35.76 +0.16(0.45%)
Will HESM be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for HESM based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for HESM
Martin Midstream (MMLP) Units Gain Amid Buyout Proposals
Equinor (EQNR) Gets Drilling Permit to Explore Norwegian Sea
HESM: What are Zacks experts saying now?
Zacks Private Portfolio Services
BP Partners With Simon to Expand EV Charging Network Across US
Cenovus Energy (CVE) Demobilizes Workers Over Wildfire Risks
Tellurian (TELL) Gets FERC Approval for Driftwood Completion
Other News for HESM
Hess Midstream: Still Attractive, Even With Potential M&A Delayed
Biggest stock movers Thursday: BABA, PLUG, NIO, and more
Hess Midstream: Insider Sales Continue
Playtika to acquire SuperPlay, Intel says not selling Mobileye: Morning Buzz
Biggest stock movers Thursday: PLUG, NIO, and more