DigitalOcean (DOCN)
(Delayed Data from NYSE)
$28.69 USD
-2.16 (-7.00%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $28.70 +0.01 (0.03%) 7:58 PM ET
1-Strong Buy of 5 1
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.
DOCN 28.69 -2.16(-7.00%)
Will DOCN be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for DOCN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for DOCN
DoorDash (DASH) Reports Q2 Loss, Beats Revenue Estimates
RingCentral's (RNG) Q2 Earnings & Revenues Surpass Estimates
DOCN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Paylocity's (PCTY) Q4 Earnings & Revenues Surpass Estimates
SNAP Q2 Earnings Match Estimates, User Growth Drives Revenues
Arrow Electronics (ARW) Q2 Earnings Beat, Revenues Fall Y/Y
Other News for DOCN
Analysts Have Conflicting Sentiments on These Technology Companies: Upland Software (UPLD), Microchip (MCHP) and DigitalOcean Holdings (DOCN)
JMP Securities Sticks to Its Buy Rating for DigitalOcean Holdings (DOCN)
7 Cloud Stocks to Sell Before You Regret It
Interesting DOCN Put And Call Options For September 20th
7 Tech Stocks on the Cusp of Groundbreaking Developments