Ocwen Financial (OCN)
(Delayed Data from NYSE)
$27.01 USD
+0.24 (0.90%)
Updated Mar 28, 2024 04:00 PM ET
After-Market: $27.08 +0.07 (0.26%) 7:58 PM ET
3-Hold of 5 3
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.
OCN 27.01 +0.24(0.90%)
Will OCN be a Portfolio Killer in March?
Zacks Investment Research is releasing its prediction for OCN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for OCN
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OCN: What are Zacks experts saying now?
Zacks Private Portfolio Services
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Other News for OCN
OCN Stock Earnings: Ocwen Financial Beats EPS, Beats Revenue for Q4 2023
Ocean Wilsons annual profit more than triples as portfolio returns up
Jefferies Sticks to Their Buy Rating for Ocwen Financial (OCN)
PHH Mortgage Recognized by Fannie Mae as a 2023 Star Performer
Warning: OCN is at high risk of performing badly