Veritex (VBTX)
(Delayed Data from NSDQ)
$20.49 USD
-0.01 (-0.05%)
Updated May 3, 2024 04:00 PM ET
After-Market: $20.46 -0.03 (-0.15%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth C Momentum D 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 20.49 -0.01(-0.05%)
Will VBTX be a Portfolio Killer in May?
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
Veritex Holdings (VBTX) Reports Q1 Earnings: What Key Metrics Have to Say
Veritex Holdings (VBTX) Q1 Earnings and Revenues Lag Estimates
VBTX: What are Zacks experts saying now?
Zacks Private Portfolio Services
Community Trust Bancorp (CTBI) Tops Q1 Earnings and Revenue Estimates
Veritex (VBTX) Announces Buyback Plan, Portfolio Restructuring
Compared to Estimates, Veritex Holdings (VBTX) Q4 Earnings: A Look at Key Metrics
Other News for VBTX
Warning: VBTX is at high risk of performing badly
Veritex (VBTX) Gets a Buy from KBW
Veritex (VBTX) Gets a Buy from D.A. Davidson
Veritex price target raised by $1 at Piper Sandler, here's why
Veritex Holdings Inc (VBTX) Q1 2024 Earnings Call Transcript Highlights: Key Financial Metrics ...