Montrose Environmental Group (MEG)
(Delayed Data from NYSE)
$41.30 USD
+2.26 (5.79%)
Updated Apr 23, 2024 04:00 PM ET
After-Market: $41.29 -0.01 (-0.02%) 7:58 PM ET
2-Buy of 5 2
B Value A Growth A 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.
MEG 41.30 +2.26(5.79%)
Will MEG be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for MEG based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MEG
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Other News for MEG
Montrose Environmental Group Announces Timing of First Quarter 2024 Results
Megado Minerals Announces Upcoming AGM
CIBC Sticks to Their Hold Rating for MEG Energy (MEGEF)
Analysts Offer Insights on Industrial Goods Companies: Montrose Environmental Group (MEG) and Snap-on (SNA)
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