Avnet (AVT)
(Real Time Quote from BATS)
$50.67 USD
-1.76 (-3.36%)
Updated Aug 2, 2024 12:38 PM ET
4-Sell of 5 4
A Value A Growth D 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.
AVT 50.67 -1.76(-3.36%)
Will AVT be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for AVT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for AVT
Wesco International (WCC) Misses Q2 Earnings and Revenue Estimates
Should First Trust Mid Cap Value AlphaDEX ETF (FNK) Be on Your Investing Radar?
AVT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Richardson Electronics (RELL) Q4 Earnings Beat Estimates
QuickLogic (QUIK), Spur India Team Up to Increase Distribution
Do Options Traders Know Something About Avnet (AVT) Stock We Don't?
Other News for AVT
Avnet to Participate in the Oppenheimer Technology Conference on August 13
AviChina Announces Executive Leadership Changes
AviChina Completes AVICOPTER’s Capital Boost
Avnet to Report Fourth Quarter and Fiscal Year 2024 Earnings on August 8 and to Hold Annual Shareholder Meeting on November 22
Avnet Launches New Brand to Consolidate Embedded Compute Options