Genco Shipping & Trading Limited (GNK)
(Delayed Data from NYSE)
$17.17 USD
+0.18 (1.06%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $17.18 +0.01 (0.06%) 7:58 PM ET
4-Sell of 5 4
B Value B Growth B 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.
GNK 17.17 +0.18(1.06%)
Will GNK be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for GNK based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for GNK
Genco Shipping & Trading (GNK) Tops Q2 Earnings and Revenue Estimates
Genco Shipping & Trading (GNK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
GNK: What are Zacks experts saying now?
Zacks Private Portfolio Services
Do Options Traders Know Something About Genco Shipping & Trading (GNK) Stock We Don't?
Genco Shipping & Trading (GNK) Tops Q1 Earnings and Revenue Estimates
Genco Shipping & Trading (GNK) Earnings Expected to Grow: Should You Buy?
Other News for GNK
Cash Dividend On The Way From Genco Shipping & Trading (GNK)
Genco Shipping & Trading Limited 2024 Q2 - Results - Earnings Call Presentation
Genco Shipping & Trading Limited (GNK) Q2 2024 Earnings Call Transcript
Stifel Nicolaus Remains a Buy on Genco Shipping (GNK)
Genco Shipping & Trading Limited Announces Q2 2024 Financial Results