Goodyear (GT)
(Delayed Data from NSDQ)
$8.08 USD
-0.27 (-3.23%)
Updated Aug 6, 2024 04:00 PM ET
After-Market: $8.08 0.00 (0.00%) 4:38 PM ET
3-Hold of 5 3
A Value A Growth B 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.
GT 8.08 -0.27(-3.23%)
Will GT be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for GT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for GT
Goodyear (GT) Reliance on International Sales: What Investors Need to Know
Goodyear (GT) Reports Q2 Earnings: What Key Metrics Have to Say
GT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Goodyear (GT) Upgraded to Strong Buy: Here's Why
Do Options Traders Know Something About Goodyear (GT) Stock We Don't?
Goodyear (GT) Down 1.5% Since Last Earnings Report: Can It Rebound?
Other News for GT
Goodyear Tire & Rubber Company: An Ideal Time To Back Up The Truck
Goodyear Tire & Rubber: Larger Macro Concerns Outshine Progress On Strategy (Downgrade)
Analysts Offer Insights on Consumer Cyclical Companies: GoodYear Tire (GT), DraftKings (DKNG) and Wayfair (W)
Meta Platforms, Shake Shack rise; Moderna, Goodyear fall, Thursday, 8/1/2024
The Goodyear Tire & Rubber Company 2024 Q2 - Results - Earnings Call Presentation