Patrick Industries (PATK)
(Delayed Data from NSDQ)
$119.47 USD
+1.55 (1.31%)
Updated Mar 28, 2024 04:00 PM ET
After-Market: $119.41 -0.06 (-0.05%) 7:58 PM ET
3-Hold of 5 3
A Value A Growth D 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.
PATK 119.47 +1.55(1.31%)
Will PATK be a Portfolio Killer in March?
Zacks Investment Research is releasing its prediction for PATK based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PATK
Patrick Industries, Inc. (PATK) Hits Fresh High: Is There Still Room to Run?
Patrick Industries (PATK) Q4 Earnings Surpass Estimates
PATK: What are Zacks experts saying now?
Zacks Private Portfolio Services
3 Reasons Why Growth Investors Shouldn't Overlook Patrick Industries (PATK)
Should Value Investors Buy Patrick Industries (PATK) Stock?
Skyline (SKY) Q3 Earnings and Revenues Top Estimates
Other News for PATK
Truist Financial Releases a Buy Rating on Patrick Industries (PATK)
Patrick Industries to Participate in Upcoming 2024 Roth Conference
Patrick Industries: Expectations Run A Bit Hot After Its Biggest M&A Deal
Patrick Industries Welcomes New CFO Andrew C. Roeder
Insider Sell: President-Powersports/Housing Kip Ellis Sells 7,462 Shares of Patrick Industries ...