Pactiv Evergreen (PTVE)
(Delayed Data from NSDQ)
$14.52 USD
+0.38 (2.69%)
Updated Apr 19, 2024 04:00 PM ET
After-Market: $14.52 0.00 (0.00%) 5:56 PM ET
1-Strong Buy of 5 1
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.
PTVE 14.52 +0.38(2.69%)
Will PTVE be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for PTVE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PTVE
Pactiv Evergreen Inc. (PTVE) Is a Trending Stock: Facts to Know Before Betting on It
Pactiv Evergreen Inc. (PTVE) Registers a Bigger Fall Than the Market: Important Facts to Note
PTVE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Are Investors Undervaluing Pactiv Evergreen (PTVE) Right Now?
Is Pactiv Evergreen (PTVE) Stock Outpacing Its Consumer Discretionary Peers This Year?
Pactiv Evergreen Inc. (PTVE) Stock Moves -1.1%: What You Should Know
Other News for PTVE
Pactiv Evergreen Inc. Schedules First Quarter 2024 Financial Results
Pactiv Evergreen price target raised by $2 at Citi, here's why
Where Pactiv Evergreen Stands With Analysts
Pactiv Evergreen: Attractive FCF Yield Profile Once Cost Savings Program Ends
Analysts Are Neutral on These Consumer Cyclical Stocks: Redbubble Ltd. (RDBBF), Pactiv Evergreen (PTVE)