Reddit Inc. (RDDT)
(Delayed Data from NYSE)
$52.91 USD
-2.03 (-3.69%)
Updated Aug 9, 2024 04:00 PM ET
After-Market: $52.89 -0.02 (-0.04%) 7:58 PM ET
2-Buy of 5 2
F Value D Growth A 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.
RDDT 52.91 -2.03(-3.69%)
Will RDDT be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for RDDT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for RDDT
Reddit (RDDT) Shares Up on Strong Q2 Earnings, Revenues Beat
Reddit (RDDT) to Report Q2 Earnings: What's in the Cards?
RDDT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Reddit Inc. (RDDT) Advances But Underperforms Market: Key Facts
Why Reddit Inc. (RDDT) Dipped More Than Broader Market Today
Bears are Losing Control Over Reddit Inc. (RDDT), Here's Why It's a 'Buy' Now
Other News for RDDT
Short Report: Bearish bets into Savers Value Village earnings rewarded
Buy Rating Affirmed for Reddit Inc. on Strong Q2 Performance and Strategic Innovations
Balanced Outlook: Hold Rating on Reddit Inc. Amidst Strong Performance and Market Uncertainties
Cathie Wood's Ark Invest Loads Up On Robinhood Shares Amid Trading Platform's Q2 Revenue Beat, Also Shops For Amazon, Reddit And AMD Stock (CORRECTED)
Analysts Offer Insights on NA Companies: BrightSpring Health Services, Inc. (BTSG), Reddit Inc Class A (RDDT) and American Healthcare REIT, Inc. (AHR)