Appian (APPN)
(Real Time Quote from BATS)
$32.56 USD
-0.87 (-2.60%)
Updated Dec 30, 2024 09:50 AM ET
1-Strong Buy of 5 1
F Value C Growth B 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.
APPN 32.56 -0.87(-2.60%)
Will APPN be a Portfolio Killer in December?
Zacks Investment Research is releasing its prediction for APPN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for APPN
New Strong Buy Stocks for December 30th
SE Rises 46% in 3 Months: How Should Investors Play the Stock?
APPN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Appian (APPN) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
Appian (APPN) Upgraded to Strong Buy: What Does It Mean for the Stock?
Appian (APPN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Other News for APPN
Appian Corp (APPN) Shares Down 4.01% on Dec 27
Analysts Offer Insights on Technology Companies: WEBTOON Entertainment Inc (WBTN), Apple (AAPL) and Appian (APPN)
Appian price target raised by $3 at Barclays, here's why
Barclays Reaffirms Their Sell Rating on Appian (APPN)
APPN Crosses Above Average Analyst Target