Hagerty (HGTY)
(Real Time Quote from BATS)
$10.76 USD
+0.10 (0.94%)
Updated Sep 23, 2024 12:44 PM ET
3-Hold of 5 3
C Value A Growth B 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.
HGTY 10.76 +0.10(0.94%)
Will HGTY be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for HGTY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for HGTY
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HGTY: What are Zacks experts saying now?
Zacks Private Portfolio Services
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Hagerty Renews Multi-Year Partnership with Agero to Continue Delivering Specialized Roadside Assistance to Driving Enthusiasts
Hagerty Celebrates Car Culture in the Heart of Motor City with Return of RADwood Detroit and New 'Cars at the Station' Community Pre-Event
Hagerty to Participate in the KBW Insurance Conference on September 5th, 2024
The Amelia Celebrates 30 Years of Global Motoring Excellence; Welcomes New Era of Automotive Passion
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