AG Mortgage Investment Trust (MITT)
(Delayed Data from NYSE)
$6.90 USD
-0.70 (-9.21%)
Updated Aug 2, 2024 04:01 PM ET
After-Market: $6.92 +0.02 (0.29%) 7:58 PM ET
3-Hold of 5 3
B Value C Growth B Momentum B 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.
MITT 6.90 -0.70(-9.21%)
Will MITT be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for MITT based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for MITT
AG Mortgage Investment Trust Inc (MITT) Q2 2024 Earnings Call Transcript Highlights: Key ...
MITT Stock Earnings: AG Mortgage Investment Misses EPS, Misses Revenue for Q2 2024
AG Mortgage Investment Trust: Q2 Earnings Snapshot
AG Mortgage Investment Trust EAD of $0.21 beats by $0.01, revenue of $11.49M misses by $5.54M
AG Mortgage Investment Trust, Inc. Reports Second Quarter 2024 Results