Backblaze (BLZE)
(Delayed Data from NSDQ)
$6.07 USD
-0.21 (-3.34%)
Updated Oct 3, 2024 03:59 PM ET
After-Market: $6.08 +0.01 (0.16%) 7:58 PM ET
2-Buy of 5 2
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.
BLZE 6.07 -0.21(-3.34%)
Will BLZE be a Portfolio Killer in October?
Zacks Investment Research is releasing its prediction for BLZE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for BLZE
Does Backblaze (BLZE) Have the Potential to Rally 70.97% as Wall Street Analysts Expect?
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BLZE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Backblaze, Inc. (BLZE) Reports Q2 Loss, Tops Revenue Estimates
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Other News for BLZE
Backblaze: Cloud Storage Momentum Fuels Upside Potential
Backblaze: High Growth Software Stock Trading For Peanuts
Backblaze management to meet with Craig-Hallum
Backblaze Deepens Sales Leadership Team
Backblaze appoints Cotten as VP of Sales, Dodson as Senior Director