Independent Bank (INDB)
(Delayed Data from NSDQ)
$61.86 USD
+3.81 (6.56%)
Updated Jul 22, 2024 04:00 PM ET
After-Market: $61.83 -0.03 (-0.05%) 7:58 PM ET
2-Buy of 5 2
C Value F Growth D Momentum F 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.
INDB 61.86 +3.81(6.56%)
Will INDB be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for INDB based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for INDB
Independent Bank Corp. (INDB) Reports Q2 Earnings: What Key Metrics Have to Say
Independent Bank Corp. (INDB) Beats Q2 Earnings and Revenue Estimates
INDB: What are Zacks experts saying now?
Zacks Private Portfolio Services
Unity Bancorp (UNTY) Q2 Earnings and Revenues Miss Estimates
Independent Bank Corp. (INDB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Independent Bank Corp. (INDB) Lags Q1 Earnings and Revenue Estimates
Other News for INDB
KBW Gives a Hold Rating to Independent Bank (INDB)
Seaport upgrades 'best of breed' Independent Bank to Buy
Seaport Research gets more bullish on Independent Bank, upgrades shares
Independent Bank Corp (INDB) Q2 2024 Earnings Call Transcript Highlights: Strong Deposit Growth ...
Independent Bank (INDB) Gets a Hold from KBW