Veritex (VBTX)
(Delayed Data from NSDQ)
$26.14 USD
-0.34 (-1.28%)
Updated Sep 20, 2024 03:59 PM ET
After-Market: $26.15 +0.01 (0.04%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth B Momentum C 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.
VBTX 26.14 -0.34(-1.28%)
Will VBTX be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for VBTX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for VBTX
Do Options Traders Know Something About Veritex (VBTX) Stock We Don't?
Veritex Holdings (VBTX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
VBTX: What are Zacks experts saying now?
Zacks Private Portfolio Services
Veritex Holdings (VBTX) Q2 Earnings and Revenues Lag Estimates
Veritex Holdings (VBTX) Reports Q1 Earnings: What Key Metrics Have to Say
Veritex Holdings (VBTX) Q1 Earnings and Revenues Lag Estimates
Other News for VBTX
Forecasting The Future: 5 Analyst Projections For Veritex Holdings
Raymond James gets more bullish on Veritex, upgrades shares
North Avenue Capital Expands Small Business Lending Nationwide with SBA 7(a) Loans
Forecasting The Future: 4 Analyst Projections For Veritex Holdings
D.A. Davidson Reaffirms Their Buy Rating on Veritex (VBTX)