NextDecade (NEXT)
(Real Time Quote from BATS)
$6.25 USD
-0.08 (-1.26%)
Updated Apr 24, 2024 03:02 PM ET
2-Buy of 5 2
F 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.
NEXT 6.25 -0.08(-1.26%)
Will NEXT be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for NEXT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NEXT
Enbridge (ENB) Forms JV to Enhance Permian Basin Connectivity
TotalEnergies (TTE) Inks 16-Year LNG Deal With Sembcorp Fuels
NEXT: What are Zacks experts saying now?
Zacks Private Portfolio Services
NextDecade (NEXT) Obtains $62.5M to Advance Rio Grande LNG
A Closer Look At Roundhill's Ground-Breaking ETF Tracking LNG
NextDecade (NEXT) Obtains $356M to Advance Rio Grande LNG
Other News for NEXT
CERS, GL and ATHE are among pre market gainers
Brent crude tops $90 on Mideast fears, but IEA sees slower global oil demand growth
NextSource Advances Graphite Anode Facility in Mauritius
NextSource Materials Provides Development Update on Battery Anode Facility in Mauritius Freeport Zone
NextDecade Breaks Below 200-Day Moving Average - Notable for NEXT