Ero Copper (ERO)
(Delayed Data from NYSE)
$22.79 USD
+0.41 (1.83%)
Updated Jul 10, 2024 04:00 PM ET
After-Market: $22.80 +0.01 (0.04%) 7:58 PM ET
1-Strong Buy of 5 1
D 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.
ERO 22.79 +0.41(1.83%)
Will ERO be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for ERO based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ERO
Royal Gold (RGLD) Issues Stream Segment Sales Update for Q2
Zacks Industry Outlook Highlights Southern Copper, Freeport-McMoRan, Lundin Mining, Coeur Mining and Ero Copper
ERO: What are Zacks experts saying now?
Zacks Private Portfolio Services
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Sandstorm Gold (SAND) Posts Y/Y Preliminary Q2 Revenue Decline
Commercial Metals (CMC) Bets on US Demand as Europe Market Ails
Other News for ERO
Ero Copper to Release Second Quarter 2024 Operating and Financial Results on August 1, 2024
Copper continues slide from recent record as traders fret over China demand
Ero Copper just upgraded at BMO Capital, here's why
Ero Copper: Fully Valued Despite Anticipated Production Increase
CIBC gets more bullish on Ero Copper, upgrades shares