Ranger Energy Services (RNGR)
(Real Time Quote from BATS)
$12.45 USD
-0.52 (-4.01%)
Updated Aug 1, 2024 03:46 PM ET
4-Sell of 5 4
A Value A Growth F 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.
RNGR 12.45 -0.52(-4.01%)
Will RNGR be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for RNGR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for RNGR
Ranger Energy (RNGR) Tops Q2 Earnings and Revenue Estimates
Ranger Energy (RNGR) Reports Q1 Loss, Tops Revenue Estimates
RNGR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Kinetik Holdings Inc. (KNTK) Reports Next Week: Wall Street Expects Earnings Growth
Earnings Preview: Ranger Energy (RNGR) Q1 Earnings Expected to Decline
Solaris Oilfield Infrastructure, Inc. (SOI) Q1 Earnings and Revenues Surpass Estimates
Other News for RNGR
Ranger Energy Services Inc (RNGR) Q2 2024 Earnings Call Transcript Highlights: Strong Rebound ...
Ranger Energy Services, Inc. 2024 Q2 - Results - Earnings Call Presentation
Ranger Energy Services, Inc. (RNGR) Q2 2024 Earnings Call Transcript
Piper Sandler Remains a Hold on Ranger Energy Services (RNGR)
Ranger Energy: Q2 Earnings Snapshot