Danaos (DAC)
(Real Time Quote from BATS)
$89.42 USD
+2.57 (2.96%)
Updated Jul 10, 2024 02:14 PM ET
3-Hold of 5 3
A Value D 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.
DAC 89.42 +2.57(2.96%)
Will DAC be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for DAC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for DAC
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Danaos (DAC) Increases Yet Falls Behind Market: What Investors Need to Know
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Zacks Private Portfolio Services
Danaos (DAC) Stock Moves -0.75%: What You Should Know
Is Danaos (DAC) Outperforming Other Transportation Stocks This Year?
Danaos (DAC) Stock Falls Amid Market Uptick: What Investors Need to Know
Other News for DAC
Danaos Corporation Announces Additions of $616 million to its Contracted Revenue Backlog and the Addition of Five Containership Vessels to its Newbuildings Orderbook
Datable Technology Announces Share Consolidation
Datable Technology On Schedule for Financial Filing
Yemen’s Houthi rebels are said to hit ship in the Red Sea with drone
Danaos Corporation Announces 2024 Annual Meeting