Friedman Industries (FRD)
(Delayed Data from AMEX)
$15.35 USD
-1.60 (-9.44%)
Updated Aug 9, 2024 04:00 PM ET
After-Market: $15.36 +0.01 (0.07%) 7:58 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental 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.
FRD 15.35 -1.60(-9.44%)
Will FRD be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for FRD based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for FRD
Zacks Initiates Coverage of Friedman Industries With Neutral Recommendation
Friedman Industries (FRD) Q4 Earnings Decline Y/Y, Margins Down
FRD: What are Zacks experts saying now?
Zacks Private Portfolio Services
Other News for FRD
FRD Stock Earnings: Friedman Industries Reported Results for Q1 2025
Friedman GAAP EPS of $0.37, revenue of $114.55M
Friedman Industries, Incorporated Announces First Quarter Results
FRD Ex-Dividend Reminder - 7/26/24
Video: Thursday 6/27 Insider Buying Report: FRD, HQI