Logan Ridge Finance Corporation (LRFC)
(Delayed Data from NSDQ)
$21.97 USD
-0.12 (-0.56%)
Updated Aug 5, 2024 12:27 PM ET
3-Hold of 5 3
C Value C Growth D 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.
LRFC 21.97 -0.12(-0.56%)
Will LRFC be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for LRFC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for LRFC
Logan Ridge (LRFC) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
Here's Why Logan Ridge (LRFC) is Poised for a Turnaround After Losing -6.27% in 4 Weeks
LRFC: What are Zacks experts saying now?
Zacks Private Portfolio Services
Logan Ridge (LRFC) Upgraded to Strong Buy: What Does It Mean for the Stock?
Logan Ridge (LRFC) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
Other News for LRFC
Logan Ridge Finance Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call
Logan Ridge Finance: A Small-Cap BDC Worth Considering For Income Generation
Logan Ridge Finance goes ex dividend Monday
Ex-Div Reminder for Logan Ridge Finance (LRFC)
Logan Ridge Finance GAAP NII of $0.35, TII of $5M