Independence Contract Drilling (ICD)
(Delayed Data from NYSE)
$0.50 USD
-0.01 (-1.29%)
Updated Aug 9, 2024 03:59 PM ET
After-Market: $0.51 +0.01 (1.21%) 7:58 PM ET
4-Sell of 5 4
A Value B 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.
ICD 0.50 -0.01(-1.29%)
Will ICD be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for ICD based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ICD
Independent Contract Drilling (ICD) Reports Q2 Loss, Tops Revenue Estimates
Valaris Limited (VAL) Q2 Earnings and Revenues Top Estimates
ICD: What are Zacks experts saying now?
Zacks Private Portfolio Services
Independent Contract Drilling (ICD) Reports Q1 Loss, Tops Revenue Estimates
Transocean (RIG) Reports Q1 Loss, Misses Revenue Estimates
Independent Contract Drilling (ICD) Reports Q4 Loss, Tops Revenue Estimates
Other News for ICD
Warning: ICD is at high risk of performing badly
Independence Contract Drilling GAAP EPS of -$0.73, revenue of $43.33M
Independence Contract Drilling, Inc. Reports Financial Results for the Second Quarter Ended June 30, 2024
Diversified Energy, JanOne among energy and utility sector additions in Russell Microcap; ESS Tech, Aqua Metals removed
UUUU, ICD among major energy gainers; IEP major loser