Universal Insurance Holdings (UVE)
(Real Time Quote from BATS)
$20.43 USD
+0.02 (0.10%)
Updated May 15, 2024 10:56 AM ET
3-Hold of 5 3
A Value B Growth C 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.
UVE 20.43 +0.02(0.10%)
Will UVE be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for UVE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for UVE
Universal Insurance (UVE) Moves 6.6% Higher: Will This Strength Last?
Universal Insurance Holdings (UVE) Q4 Earnings and Revenues Top Estimates
UVE: What are Zacks experts saying now?
Zacks Private Portfolio Services
PCB Bancorp (PCB) Q4 Earnings and Revenues Lag Estimates
W.R. Berkley (WRB) Q4 Earnings and Revenues Top Estimates
Universal Insurance Holdings (UVE) Reports Q3 Loss, Tops Revenue Estimates
Other News for UVE
Insider Sale: Director Michael Pietrangelo Sells Shares of Universal Insurance Holdings Inc (UVE)
Universal Insurance Holdings About To Put More Money In Your Pocket (UVE)
Universal Insurance Holdings (UVE) Receives a Buy from Piper Sandler
Universal Insurance Holdings Inc (UVE) Q1 2024 Earnings Call Transcript Highlights: Strong ...
Universal Insurance Holdings, Inc. (UVE) Q1 2024 Earnings Call Transcript