New Fortress Energy (NFE)
(Real Time Quote from BATS)
$25.25 USD
-0.35 (-1.37%)
Updated Jul 22, 2024 12:00 PM ET
3-Hold of 5 3
B Value F 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.
NFE 25.25 -0.35(-1.37%)
Will NFE be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for NFE based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NFE
Strength Seen in New Fortress Energy (NFE): Can Its 8.5% Jump Turn into More Strength?
Analysts Estimate New Fortress Energy (NFE) to Report a Decline in Earnings: What to Look Out for
NFE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Chevron (CVX) Tops Q1 Earnings Estimates
Vista Oil & Gas, S.A.B. de C.V. Sponsored ADR (VIST) Lags Q1 Earnings and Revenue Estimates
New Fortress (NFE) Advances Construction of 1.6GW Power Plant
Other News for NFE
Chart Industries’ IPSMR® Process Technology Delivers First LNG at New Fortress Energy’s Fast LNG Project
LNG Shipping Stocks: Holiday Decline
New Fortress Energy Achieves First LNG for its Fast LNG Asset
New Fortress Energy achieves First LNG for Fast LNG asset in Mexico
New Fortress Energy Schedules Second Quarter 2024 Earnings Release and Conference Call