Array Technologies (ARRY)
(Delayed Data from NSDQ)
$5.90 USD
-0.20 (-3.28%)
Updated Dec 24, 2024 01:00 PM ET
After-Market: $5.88 -0.02 (-0.34%) 7:58 PM ET
3-Hold of 5 3
A Value A Growth F Momentum A 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.
ARRY 5.90 -0.20(-3.28%)
Will ARRY be a Portfolio Killer in December?
Zacks Investment Research is releasing its prediction for ARRY based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ARRY
Array Technologies, Inc. (ARRY) Surpasses Q3 Earnings and Revenue Estimates
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ARRY: What are Zacks experts saying now?
Zacks Private Portfolio Services
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Other News for ARRY
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Insider Buying: Neil Manning Acquires Shares of Array Technologies Inc (ARRY)
Where Array Technologies Stands With Analysts
Array Technologies price target lowered to $11 from $12 at Goldman Sachs
Array Technologies price target lowered by $1 at Goldman Sachs, here's why