Essent Group (ESNT)
(Delayed Data from NYSE)
$59.95 USD
-1.30 (-2.12%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $59.95 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
B Value B 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.
ESNT 59.95 -1.30(-2.12%)
Will ESNT be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for ESNT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ESNT
Essent Group (ESNT) Beats Q2 Earnings and Revenue Estimates
Analysts Estimate UWM Holdings Corporation (UWMC) to Report a Decline in Earnings: What to Look Out for
ESNT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Essent Group (ESNT) Earnings Expected to Grow: Should You Buy?
Essent Group (ESNT) Moves to Buy: Rationale Behind the Upgrade
Why Essent Group (ESNT) Might Surprise This Earnings Season
Other News for ESNT
ESNT Stock Earnings: Essent Group Beats EPS, Beats Revenue for Q2 2024
Essent Group: Q2 Earnings Snapshot
Essent Group Ltd. Announces Second Quarter 2024 Results and Declares Quarterly Dividend
Essent Group Ltd (ESNT) Q2 2024 Earnings: EPS of $1.91 Beats Estimates, Revenue Hits $312.94 Million
Essent Group reports Q2 EPS $1.91, consensus $1.68