EnLink Midstream (ENLC)
(Delayed Data from NYSE)
$12.99 USD
-0.61 (-4.49%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $12.99 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value A Growth C Momentum A 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.
ENLC 12.99 -0.61(-4.49%)
Will ENLC be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for ENLC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ENLC
Are Oils-Energy Stocks Lagging EnLink Midstream (ENLC) This Year?
EnLink Midstream (ENLC) Is Attractively Priced Despite Fast-paced Momentum
ENLC: What are Zacks experts saying now?
Zacks Private Portfolio Services
EnLink Midstream (ENLC) Q1 Earnings Meet Estimates
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Other News for ENLC
Reminder - EnLink Midstream (ENLC) Goes Ex-Dividend Soon
EnLink Midstream declares $0.1325 dividend
EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss Second Quarter 2024 Earnings
Hold Rating on EnLink Midstream Amidst Cautious Optimism and Modest Growth Projections
TYG: Improving Fundamentals And Strong Recent Performance