Insteel Industries (IIIN)
(Real Time Quote from BATS)
$34.59 USD
+0.97 (2.89%)
Updated Apr 23, 2024 11:22 AM ET
3-Hold of 5 3
B 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.
IIIN 34.59 +0.97(2.89%)
Will IIIN be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for IIIN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for IIIN
Insteel Industries (IIIN) Moves 5.7% Higher: Will This Strength Last?
Is Insteel Industries (IIIN) Stock Undervalued Right Now?
IIIN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Is Insteel Industries (IIIN) a Great Value Stock Right Now?
Down -14.55% in 4 Weeks, Here's Why You Should You Buy the Dip in Insteel Industries (IIIN)
Insteel Industries (IIIN) Q1 Earnings Beat Estimates
Other News for IIIN
Warning: IIIN is at high risk of performing badly
How To YieldBoost Insteel Industries From 0.4% To 137.8% Using Options
Insteel Industries Announces Second Quarter 2024 Conference Call
Sidoti Events, LLC's Virtual March Small-Cap Conference
Ex-Div Reminder for Insteel Industries (IIIN)