T2 Biosystems (TTOO)
(Delayed Data from NSDQ)
$3.19 USD
+0.14 (4.59%)
Updated May 9, 2024 04:00 PM ET
After-Market: $3.58 +0.39 (12.23%) 7:58 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental 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.
TTOO 3.19 +0.14(4.59%)
Will TTOO be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for TTOO based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for TTOO
T2 Biosystems (TTOO) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
TTOO: What are Zacks experts saying now?
Zacks Private Portfolio Services
Other News for TTOO
T2 Biosystems Announces Letter of Intent to Enter Strategic Partnership for Lyme Disease
T2 Biosystems enters LOI to enter partnership for Lyme disease
Why Zeta Global Shares Are Trading Higher By 15%; Here Are 20 Stocks Moving Premarket
T2 Biosystems: Hold Rating Maintained Amid Growth Prospects and Profitability Concerns
T2 Biosystems Inc (TTOO) Q1 2024 Earnings Call Transcript Highlights: Revenue Growth Amidst ...