Nine Energy Service (NINE)
(Delayed Data from NYSE)
$1.21 USD
-0.04 (-3.20%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $1.22 +0.01 (0.83%) 7:58 PM ET
2-Buy of 5 2
A Value A Growth F 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.
NINE 1.21 -0.04(-3.20%)
Will NINE be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for NINE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NINE
Making Sense of Delek US Holdings' $400M Stock Buyback Plan
TechnipFMC's Stock Is Soaring, But Is It Time to Buy FTI?
NINE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Nine Energy Service (NINE) Reports Q2 Loss, Lags Revenue Estimates
ProPetro Holding (PUMP) Beats Q1 Earnings and Revenue Estimates
Baker Hughes (BKR) Tops Q1 Earnings and Revenue Estimates
Other News for NINE
Nine Energy Service Announces Timing of Third Quarter 2024 Earnings Release and Conference Call
Nine Mile Metals Begins New Drilling Phase
HYT: This Is A Decent Junk Bond Fund, But It Does Not Deserve Its Current Premium
Nine Mile Metals Revamps Private Placement Terms
Nine Mile Metals Announces $250K Private Placement