Cannae (CNNE)
(Delayed Data from NYSE)
$19.11 USD
+0.36 (1.92%)
Updated Jul 12, 2024 04:00 PM ET
After-Market: $19.12 +0.01 (0.05%) 7:58 PM ET
4-Sell of 5 4
F Value F Growth D Momentum F 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.
CNNE 19.11 +0.36(1.92%)
Will CNNE be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for CNNE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CNNE
New Strong Sell Stocks for July 10th
TPG Inc. (TPG) Beats Q1 Earnings and Revenue Estimates
CNNE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Franklin Resources (BEN) Q2 Earnings Lag Estimates
Wall Street Analysts See a 27.39% Upside in Cannae Holdings, Inc. (CNNE): Can the Stock Really Move This High?
Is American Express (AXP) Outperforming Other Finance Stocks This Year?
Other News for CNNE
The 3 Smartest Cybersecurity Stocks to Buy With $5,000 Right Now
CNNE Makes Notable Cross Below Critical Moving Average
Warning: CNNE is at high risk of performing badly
Cannae Holdings (CNNE) Receives a Rating Update from a Top Analyst
Cannae Holdings, Inc. Announces Quarterly Cash Dividend of $0.12