Flex (FLEX)
(Real Time Quote from BATS)
$30.72 USD
+0.60 (1.99%)
Updated Jul 12, 2024 11:32 AM 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.
FLEX 30.72 +0.60(1.99%)
Will FLEX be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for FLEX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for FLEX
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FLEX Augments Portfolio With the Acquisition of FreeFlow
FLEX: What are Zacks experts saying now?
Zacks Private Portfolio Services
Flex (FLEX) Up 23.2% Since Last Earnings Report: Can It Continue?
FLEX's Q4 Earnings Surpass Estimates, Revenues Decline Y/Y
Flex (FLEX) Beats Q4 Earnings and Revenue Estimates
Other News for FLEX
Nextracker to Announce First Quarter Fiscal 2025 Results on August 1, 2024
Flex Announces Date for First Quarter Fiscal 2025 Earnings Call
70 All-Star And Graham Value Stocks: 57 Fit To Buy In June
Looking Into Flex's Recent Short Interest
Nextracker Acquires Ojjo to Expand Utility-Scale Solar Tracker Foundations Business