OPENLANE, Inc. (KAR)
(Delayed Data from NYSE)
$17.00 USD
+0.45 (2.72%)
Updated Aug 9, 2024 04:00 PM ET
After-Market: $16.99 -0.01 (-0.06%) 7:58 PM ET
4-Sell of 5 4
B Value F Growth A Momentum C 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.
KAR 17.00 +0.45(2.72%)
Will KAR be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for KAR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for KAR
OPENLANE (KAR) Q2 Earnings Miss Estimates
Driven Brands Holdings Inc. (DRVN) Beats Q2 Earnings Estimates
KAR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Earnings Preview: OPENLANE (KAR) Q2 Earnings Expected to Decline
Oshkosh (OSK) Beats Q2 Earnings and Revenue Estimates
OPENLANE (KAR) Misses Q1 Earnings and Revenue Estimates
Other News for KAR
Analysts Are Bullish on These Consumer Cyclical Stocks: Kar Auction Services (KAR), Albany International (AIN)
Analysts Offer Insights on Consumer Cyclical Companies: Home Depot (HD), Kar Auction Services (KAR) and Dutch Bros Inc (BROS)
OPENLANE: Q2 Earnings Snapshot
OPENLANE, Inc. Reports Second Quarter 2024 Financial Results
OPENLANE, Inc. (KAR) Q2 2024 Earnings Call Transcript