MYR Group (MYRG)
(Delayed Data from NSDQ)
$101.66 USD
-0.85 (-0.83%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $101.56 -0.10 (-0.10%) 7:58 PM ET
5-Strong Sell of 5 5
D Value F Growth D Momentum F 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.
MYRG 101.66 -0.85(-0.83%)
Will MYRG be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for MYRG based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MYRG
Is the Options Market Predicting a Spike in MYR Group (MYRG) Stock?
MYR Group (MYRG) Reports Q2 Loss, Lags Revenue Estimates
MYRG: What are Zacks experts saying now?
Zacks Private Portfolio Services
MYR Group (MYRG) Expected to Beat Earnings Estimates: Should You Buy?
Why MYR (MYRG) Could Beat Earnings Estimates Again
Earnings Preview: MYR Group (MYRG) Q1 Earnings Expected to Decline
Other News for MYRG
MYR Group Inc (MYRG) Shares Gap Down to $97.45 on Sep 18
Director Bradley Favreau Acquires Shares in MYR Group Inc (MYRG)
Insider Buying at MYR Group Inc (MYRG): CFO Kelly Huntington Acquires Shares
The 1-Minute Market Report August 3, 2024
MYR Group price target lowered by $53 at Stifel, here's why