Onity Group Inc. (ONIT)
(Delayed Data from NYSE)
$30.62 USD
-0.13 (-0.42%)
Updated Oct 8, 2024 04:00 PM ET
After-Market: $30.60 -0.02 (-0.07%) 7:58 PM ET
3-Hold of 5 3
C Value F Growth B Momentum D 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.
ONIT 30.62 -0.13(-0.42%)
Will ONIT be a Portfolio Killer in October?
Zacks Investment Research is releasing its prediction for ONIT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ONIT
Onity (ONIT) Is Attractively Priced Despite Fast-paced Momentum
Onity (ONIT) Surges 19.7%: Is This an Indication of Further Gains?
ONIT: What are Zacks experts saying now?
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Zacks Industry Outlook Highlights Velocity Financial, Onity Group and PennyMac Financial Services
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Onity (ONIT) Shows Fast-paced Momentum But Is Still a Bargain Stock
Other News for ONIT
Onity Group Announces Multiple Transactions to Accelerate Capital Restructuring
Onity Group announces multiple transactions to accelerate capital restructuring
Onity Group Inc (ONIT) Shares Up 7.49% on Sep 27
Onity Group Inc (ONIT) Trading Down 0.75% on Sep 20
Sidoti Events, LLC's Virtual September Small-Cap Conference