ESAB Corporation (ESAB)
(Delayed Data from NYSE)
$97.78 USD
-0.29 (-0.30%)
Updated Jul 19, 2024 04:00 PM ET
After-Market: $97.79 +0.01 (0.01%) 7:58 PM ET
4-Sell of 5 4
C Value B Growth D Momentum C 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.
ESAB 97.78 -0.29(-0.30%)
Will ESAB be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for ESAB based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ESAB
SKFRY vs. ESAB: Which Stock Is the Better Value Option?
SKFRY vs. ESAB: Which Stock Should Value Investors Buy Now?
ESAB: What are Zacks experts saying now?
Zacks Private Portfolio Services
Is ABB (ABBNY) Stock Outpacing Its Industrial Products Peers This Year?
Zacks Industry Outlook AB SKF, The Timken, ESAB, Kaiser Aluminum and Northwest Pipe
5 Metal Fabrication Stocks to Watch Amid Improving Industry Trends
Other News for ESAB
Small and Mid-Cap stocks likely to beat/miss this earnings season - BofA
ESAB price target lowered by $10 at Stifel, here's why
Baird comments on potential implications from potential second Trump presidency
ESAB Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call
TimesSquare Capital Global Small Cap Q1 2024 Commentary