Lucid Group (LCID)
(Delayed Data from NSDQ)
$3.19 USD
+0.04 (1.27%)
Updated Aug 9, 2024 04:00 PM ET
After-Market: $3.19 0.00 (0.00%) 7:58 PM ET
4-Sell of 5 4
F Value D Growth F 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.
LCID 3.19 +0.04(1.27%)
Will LCID be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for LCID based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for LCID
Lucid Group (LCID) Reports Q2 Loss, Tops Revenue Estimates
Blink (BLNK) to Report Q2 Earnings: Here's What to Expect
LCID: What are Zacks experts saying now?
Zacks Private Portfolio Services
American Axle (AXL) to Report Q2 Earnings: What's in Store?
Lucid Group (LCID) Gains As Market Dips: What You Should Know
Toyota (TM) Gears Up to Report Q1 Earnings: What's in Store?
Other News for LCID
Elizabeth Warren Rips Tesla Board Over Elon Musk, Lucid Gets Massive Cash Infusion, Rivian Reaps Cost Cut Benefits And More: Biggest EV Stories Of The Week
Rivian Automotive Q2: Not Bad At All
Rivian Automotive 2Q: Not Bad At All
Largest borrow rate increases among liquid names
New energy vehicles top 50% of all auto sales in China for the first time