Nextracker Inc. (NXT)
(Delayed Data from NSDQ)
$47.14 USD
-0.28 (-0.59%)
Updated Jul 23, 2024 04:00 PM ET
After-Market: $47.13 -0.01 (-0.02%) 5:42 PM ET
3-Hold of 5 3
B Value B Growth C 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.
NXT 47.14 -0.28(-0.59%)
Will NXT be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for NXT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NXT
3 Solar Stocks to Watch as Interest Rates Remain High
Nextracker (NXT) Surpasses Market Returns: Some Facts Worth Knowing
NXT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Nextracker Inc. (NXT) is Attracting Investor Attention: Here is What You Should Know
Wall Street Analysts Think Nextracker (NXT) Is a Good Investment: Is It?
Here's Why Nextracker (NXT) Gained But Lagged the Market Today
Other News for NXT
Nextracker to Present at the KeyBanc Capital Markets Technology Leadership Forum
Next plc Executes Share Buyback Program
UK dividends calendar
Next plc Completes Share Buyback
UK dividends calendar