Commercial Metals (CMC)
(Delayed Data from NYSE)
$57.60 USD
-0.49 (-0.84%)
Updated Jul 19, 2024 04:00 PM ET
After-Market: $57.57 -0.03 (-0.05%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth F 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.
CMC 57.60 -0.49(-0.84%)
Will CMC be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for CMC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CMC
Commercial Metals (CMC) Bets on US Demand as Europe Market Ails
Commercial Metals (CMC) Q3 Earnings Beat, Sales Dip Y/Y
CMC: What are Zacks experts saying now?
Zacks Private Portfolio Services
Company News for Jun 21, 2024
Commercial Metals (CMC) Beats Q3 Earnings and Revenue Estimates
What's in Store for Commercial Metals (CMC) in Q3 Earnings?
Other News for CMC
Commercial Metals management to meet virtually with Benchmark
See How Commercial Metals Ranks Among Analysts' Top Metals Picks
RBC Capital Sticks to Its Buy Rating for JPMorgan Chase & Co. (JPM)
JPMorgan Chase Reveals Dodd-Frank Stress Test Outcomes
CMC Ex-Dividend Reminder - 7/1/24