PattersonUTI Energy (PTEN)
(Delayed Data from NSDQ)
$10.43 USD
-0.01 (-0.10%)
Updated Jul 26, 2024 04:00 PM ET
After-Market: $10.43 0.00 (0.00%) 7:58 PM ET
4-Sell of 5 4
A Value B Growth C Momentum A 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.
PTEN 10.43 -0.01(-0.10%)
Will PTEN be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for PTEN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for PTEN
Analysts Estimate Patterson-UTI (PTEN) to Report a Decline in Earnings: What to Look Out for
Patterson-UTI (PTEN) to Report Q2 Earnings: What's in Store?
PTEN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Patterson-UTI (PTEN) Down 0.1% Since Last Earnings Report: Can It Rebound?
Patterson-UTI (PTEN) Teams Up With ADNOC Drilling in the UAE
Patterson-UTI (PTEN) Q1 Earnings and Sales Beat Estimates
Other News for PTEN
Stifel Nicolaus Sticks to Their Buy Rating for Patterson-UTI (PTEN)
Patterson-UTI (PTEN) Gets a Buy from RBC Capital
Patterson-UTI Energy Inc (PTEN) Q2 2024 Earnings Call Transcript Highlights: Strong Free Cash ...
Patterson-UTI Energy misses top-line and bottom-line estimates; initiates Q3 and FY24 outlook
Patterson-UTI Energy declares $0.08 dividend