Okta (OKTA)
(Delayed Data from NSDQ)
$97.54 USD
-1.02 (-1.03%)
Updated May 8, 2024 04:00 PM ET
After-Market: $97.69 +0.15 (0.15%) 7:58 PM ET
3-Hold of 5 3
F Value A Growth C Momentum C 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.
OKTA 97.54 -1.02(-1.03%)
Will OKTA be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for OKTA based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for OKTA
Okta (OKTA) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Okta, Inc. (OKTA) is Attracting Investor Attention: Here is What You Should Know
OKTA: What are Zacks experts saying now?
Zacks Private Portfolio Services
Donnelley Financial Solutions (DFIN) Beats Q1 Earnings Estimates
Okta (OKTA) Stock Sinks As Market Gains: What You Should Know
Okta (OKTA) Gains But Lags Market: What You Should Know
Other News for OKTA
Cyberattack Group Shifts Focus To Banks, Insurers After Casinos
Top 5 Stocks Leveraging AI (SA Quant)
Cybersecurity conference likely to reveal consolidation, AI integration
Okta call volume above normal and directionally bullish
Jim Cramer: This PC Maker Is A 'Good Stock To Own', Okta Is 'Terrific'