InnovAge (INNV)
(Delayed Data from NSDQ)
$4.00 USD
-0.01 (-0.25%)
Updated Apr 23, 2024 03:59 PM ET
After-Market: $4.07 +0.07 (1.75%) 7:58 PM ET
4-Sell of 5 4
D Value D Growth B Momentum D 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.
INNV 4.00 -0.01(-0.25%)
Will INNV be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for INNV based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for INNV
InnovAge Holding Corp. (INNV) Reports Q2 Loss, Tops Revenue Estimates
InnovAge Holding Corp. (INNV) Reports Q1 Loss, Tops Revenue Estimates
INNV: What are Zacks experts saying now?
Zacks Private Portfolio Services
InnovAge Holding Corp. (INNV) Reports Q4 Loss, Tops Revenue Estimates
InnovAge Holding Corp. (INNV) Soars 15.4%: Is Further Upside Left in the Stock?
HealthEquity (HQY) Beats Q2 Earnings and Revenue Estimates
Other News for INNV
InnovAge to Announce Fiscal Third Quarter 2024 Financial Results and Host Conference Call Tuesday, May 7, 2024
3 Healthcare Stocks Short Sellers Are Prescribing for Trouble
InnovAge Launches First PACE Center in Florida Providing Comprehensive Healthcare Program for Seniors to Promote Independence
InnovAge Holding: A Cautious Hold Amidst Growth Opportunity and Execution Hurdles
InnovAge Holding Hosts Informative Investor Webcast Event