PNM Resources (PNM)
(Real Time Quote from BATS)
$39.74 USD
+0.73 (1.87%)
Updated Jul 17, 2024 11:22 AM ET
3-Hold of 5 3
B 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.
PNM 39.74 +0.73(1.87%)
Will PNM be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for PNM based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PNM
PNM Resources (PNM) Rides on Clean & Affordable Power Supply
PNM Resources (PNM) Gets Nod for New Solar & Battery Project
PNM: What are Zacks experts saying now?
Zacks Private Portfolio Services
Why Is PNM Resources (PNM) Down 2.1% Since Last Earnings Report?
Here's Why You Should Invest in Evergy (EVRG) Stock Now
Reasons to Buy Pinnacle West Capital (PNW) Stock Right Away
Other News for PNM
PNM Resources Board Declares Quarterly Common Stock Dividend
PNM Resources declares $0.3875 dividend
PNM Resources to Announce 2024 Second Quarter Earnings on July 31
Warning: PNM is at high risk of performing badly
Pacific Nickel Director’s Stock Holdings Shift