AppLovin (APP)
(Real Time Quote from BATS)
$80.37 USD
-1.54 (-1.88%)
Updated Jun 10, 2024 03:46 PM ET
1-Strong Buy of 5 1
D Value A Growth D Momentum B 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.
APP 80.37 -1.54(-1.88%)
Will APP be a Portfolio Killer in June?
Zacks Investment Research is releasing its prediction for APP based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for APP
Booz Allen (BAH) Gains From VoLT Strategy, Strong Liquidity
Why You Should Retain Broadridge Financial (BR) Stock Now
APP: What are Zacks experts saying now?
Zacks Private Portfolio Services
5 Growth Stocks to Buy for Steady Returns in June
Top 5 Business Services Stocks to Strengthen Your Portfolio
Investors Heavily Search AppLovin Corporation (APP): Here is What You Need to Know
Other News for APP
Week Of June 9: What's In Store For The Markets
10 Information Technology Stocks Whale Activity In Today's Session
Applovin call volume above normal and directionally bullish
WTV: Beating A Benchmark In Value, Growth, Quality And Return
Jim Cramer Doesn't Care That Nelson Peltz Is Out Of Disney, Says Traders Should Avoid This Real Estate Stock