Helix Energy Solutions Group (HLX)
(Delayed Data from NYSE)
$10.33 USD
-0.06 (-0.58%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $10.34 +0.01 (0.10%) 7:58 PM ET
3-Hold of 5 3
B Value A Growth NA Momentum NA 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.
HLX 10.33 -0.06(-0.58%)
Will HLX be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for HLX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for HLX
Petrobras, Helix Ink Lucrative $786M Well Intervention Deals
Zacks Industry Outlook SLB, Baker Hughes, Helix Energy Solutions and Solaris Oilfield
HLX: What are Zacks experts saying now?
Zacks Private Portfolio Services
4 Oilfield Services Stocks Set to Escape Industry Weakness
Helix Energy (HLX) Q2 Earnings and Revenues Top Estimates
Helix (HLX) Wins Gulf of Mexico Decommissioning Contract
Other News for HLX
Helix Energy Solutions Group Inc (HLX) Shares Up 4.73% on Sep 19
Helix Energy initiated with bullish view at Raymond James, here's why
Helix Energy started as Strong Buy at Raymond James on offshore growth exposure
Helix Energy initiated with bullish view at Raymond James
Helix Resources Engages in NSW Copper Exploration