AppLovin (APP)
(Delayed Data from NSDQ)
$90.20 USD
+1.20 (1.35%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $90.22 +0.02 (0.02%) 7:58 PM ET
1-Strong Buy of 5 1
D Value A Growth C 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 90.20 +1.20(1.35%)
Will APP be a Portfolio Killer in August?
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
Parsons (PSN) Secures Role in the $1.66B Honolulu Rail Project
AppLovin Corporation (APP) Hit a 52 Week High, Can the Run Continue?
APP: What are Zacks experts saying now?
Zacks Private Portfolio Services
Jacobs (J) Secures DC Streetcar Program Management Extension
Equifax (EFX) Stock Gains 54% in a Year: What Should You Know?
Fidelity National (FIS) Ties Up to Enhance P2P Payments
Other News for APP
AppLovin price target raised by $18 at Benchmark, here's why
Adjust Finds Shopping App Installs Rose 61% YoY Globally in H1
Oppenheimer’s top 32 ideas for August-September
ProInvestor Insights - August 2024
With a 0.61x PEG Ratio, AppLovin Stock (NASDAQ:APP) Looks Deeply Undervalued