Hormel Foods (HRL)
(Real Time Quote from BATS)
$31.53 USD
-0.24 (-0.76%)
Updated Sep 23, 2024 02:28 PM ET
4-Sell of 5 4
C Value C Growth C Momentum C 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.
HRL 31.53 -0.24(-0.76%)
Will HRL be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for HRL based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for HRL
Pilgrim's Pride Stock Trading at a P/E Multiple of 9X: Time to Buy?
HRL's Q3 Earnings Top, Sales Decline on Weak Commodity Markets
HRL: What are Zacks experts saying now?
Zacks Private Portfolio Services
Compared to Estimates, Hormel (HRL) Q3 Earnings: A Look at Key Metrics
Hormel Foods (HRL) Q3 Earnings Beat Estimates
Hormel Foods' Q3 Earnings Coming Up: What Awaits HRL Stock?
Other News for HRL
UBS highlights 30 stocks poised for potential moves after the Fed’s expected rate cut
/C O R R E C T I O N -- Hormel Foods Corporation/
Short bets for consumer staples rise in August across industries
New National Guacamole Day Survey Reveals Guacamole as a Key Part of Football Game Day Rituals
Buy 9 Sustainable Dividend Dogs From Barron's August 100