Equinor (EQNR)
(Delayed Data from NYSE)
$26.07 USD
-0.21 (-0.80%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $26.08 +0.01 (0.04%) 7:58 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.
EQNR 26.07 -0.21(-0.80%)
Will EQNR be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for EQNR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for EQNR
Top Analyst Reports for Walmart, McDonald's & Booking Holdings
Equinor (EQNR) Q2 Earnings Beat Estimates, Revenues Miss
EQNR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Equinor (EQNR) Taps Valaris for $498M Drilling Project in Brazil
Halliburton (HAL) Q2 Earnings on Deck: Here's How It Will Fare
Equinor (EQNR) Gets Drilling Permit to Explore Norwegian Sea
Other News for EQNR
Equinor: A Great Company To Bet Against The Investor Sentiment
Equinor: Trying To Thread The Needle Between Capital Returns And A Viable Asset Base
SFL Corporation: Ill-Timed Equity Offering Spooks Investors, Buy
TD Cowen Remains a Hold on Equinor ASA (EQNR)
Equinor ASA: Strong Balance Sheet and Attractive Future Cash Flow Yield Justify Buy Rating