Carter Bankshares (CARE)
(Real Time Quote from BATS)
$17.14 USD
+0.37 (2.21%)
Updated Jul 25, 2024 11:14 AM ET
2-Buy of 5 2
B Value F 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.
CARE 17.14 +0.37(2.21%)
Will CARE be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for CARE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CARE
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Zacks Private Portfolio Services
Carter Bankshares (CARE) Soars 5.2%: Is Further Upside Left in the Stock?
Surging Earnings Estimates Signal Upside for Carter Bankshares (CARE) Stock
How Much Upside is Left in Carter Bankshares (CARE)? Wall Street Analysts Think 28.92%
Other News for CARE
Carter Bankshares Inc. Q2 2024 Earnings: EPS Meets Estimates at $0.21, Revenue Misses at $28. ...
Carter Bank & Trust GAAP EPS of $0.25, revenue of $33.63M
Carter Bankshares, Inc. Announces Second Quarter 2024 Financial Results
Carter Bankshares reports Q2 EPS 21c vs. 24c last year
Piper Sandler Reaffirms Their Hold Rating on Carter Bankshares (CARE)