Towne Bank (TOWN)
(Delayed Data from NSDQ)
$34.19 USD
-0.66 (-1.89%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $34.22 +0.03 (0.09%) 7:58 PM ET
2-Buy of 5 2
C Value F Growth C Momentum F 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.
TOWN 34.19 -0.66(-1.89%)
Will TOWN be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for TOWN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for TOWN
TowneBank (TOWN) Q2 Earnings and Revenues Top Estimates
Compared to Estimates, TowneBank (TOWN) Q1 Earnings: A Look at Key Metrics
TOWN: What are Zacks experts saying now?
Zacks Private Portfolio Services
TowneBank (TOWN) Meets Q1 Earnings Estimates
First Bancorp (FBNC) Misses Q1 Earnings and Revenue Estimates
TowneBank (TOWN) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Other News for TOWN
Independent Bank: Time For A Downgrade After A Monumental Rally
TowneBank Announces Quarterly Cash Dividend
TowneBank declares $0.25 dividend
TowneBank (TOWN) Passes Through 3% Yield Mark
TowneBank: Q2 Earnings Snapshot