MGM Resorts International (MGM)
(Real Time Quote from BATS)
$37.82 USD
+0.86 (2.33%)
Updated Sep 19, 2024 10:00 AM ET
3-Hold of 5 3
A Value C Growth F Momentum B 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.
MGM 37.82 +0.86(2.33%)
Will MGM be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for MGM based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MGM
MGM's BetMGM Expands Reach With USA TODAY Sports Partnership
Macau Casinos Face Regulatory Challenges: Can They Stay in the Game?
MGM: What are Zacks experts saying now?
Zacks Private Portfolio Services
Zacks Investment Ideas feature highlights: DraftKings, Flutter Entertainment, MGM Resorts and Bank of America
NFL Kicks Off: Time to Bet on DraftKings?
Why Is MGM (MGM) Up 0.3% Since Last Earnings Report?
Other News for MGM
PEPSI? Dig In Brings Pinky Cole Hayes's Slutty Vegan and Five More Restaurants to Las Vegas For the First Time as Part of Culinary Residency Program at MGM Resorts International
IYC: Consumer Discretionary Dashboard For September
(MGM) - Analyzing MGM Resorts Intl's Short Interest
Morgan Stanley Sticks to Their Hold Rating for MGM Resorts (MGM)
SPY ETF Update, 9/17/2024