Alerus Financial (ALRS)
(Real Time Quote from BATS)
$22.28 USD
+0.01 (0.05%)
Updated Jul 23, 2024 02:06 PM ET
3-Hold of 5 3
D Value F Growth D Momentum F 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.
ALRS 22.28 +0.01(0.05%)
Will ALRS be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for ALRS based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ALRS
Alerus Financial (ALRS) to Buy HMN Financial for $116.4 Million
Alerus (ALRS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ALRS: What are Zacks experts saying now?
Zacks Private Portfolio Services
Alerus (ALRS) Beats Q1 Earnings and Revenue Estimates
Unraveling Rithm Capital's (RITM) Q1 Dividend Announcement
Intercontinental (ICE) Enhances Offerings With MSCI Index TRFs
Other News for ALRS
ALRS Crosses Above Average Analyst Target
Alerus Financial Corporation to Announce Second Quarter Financial Results on Wednesday, July 24
Alerus Financial Corporation goes ex dividend tomorrow
Ex-Div Reminder for Alerus Financial (ALRS)
RSI Alert: Alerus Financial Now Oversold