NextEra Energy Partners (NEP)
(Delayed Data from NYSE)
$27.03 USD
+0.23 (0.86%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $27.02 -0.01 (-0.04%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth C 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.
NEP 27.03 +0.23(0.86%)
Will NEP be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for NEP based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NEP
NextEra Energy Partners (NEP) Gains As Market Dips: What You Should Know
Investors Heavily Search NextEra Energy Partners, LP (NEP): Here is What You Need to Know
NEP: What are Zacks experts saying now?
Zacks Private Portfolio Services
NextEra Energy Partners (NEP) Surpasses Market Returns: Some Facts Worth Knowing
NextEra Energy Partners (NEP) Stock Drops Despite Market Gains: Important Facts to Note
NextEra Energy Partners (NEP) Flat As Market Sinks: What You Should Know
Other News for NEP
An Important Warning For Dividend Investors After The Fed's Big Rate Cut
NextEra Energy started at Hold, NextEra Partners with Buy at Jefferies
NextEra Energy Partners LP (NEP) Shares Up 3.87% on Sep 19
Readers Identify 23 Ideal August Dividend Buys Out Of 36 Picks
NextEra Energy Partners initiated with bullish view at Jefferies, here's why