Construction Partners (ROAD)
(Delayed Data from NSDQ)
$54.05 USD
+0.64 (1.20%)
Updated Jul 10, 2024 04:00 PM ET
After-Market: $54.06 +0.01 (0.02%) 7:58 PM ET
2-Buy of 5 2
B Value A Growth F Momentum B 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.
ROAD 54.05 +0.64(1.20%)
Will ROAD be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for ROAD based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for ROAD
Construction Partners (ROAD) Acquires Hudson Paving in NC
Janus International Group, Inc. (JBI) Q1 Earnings and Revenues Beat Estimates
ROAD: What are Zacks experts saying now?
Zacks Private Portfolio Services
Will Construction Partners (ROAD) Report Negative Earnings Next Week? What You Should Know
Otis Worldwide (OTIS) Beats Q1 Earnings Estimates
Is Construction Partners (ROAD) a Buy as Wall Street Analysts Look Optimistic?
Other News for ROAD
Construction Partners, Inc. Announces Schedule for Fiscal 2024 Third Quarter Earnings Release and Conference Call
Roadside Real Estate PLC Announces Profitable Turnaround
Roadside Real Estate PLC: Resolutions Passed, Interim Results Due
Small-cap, buy-rated stocks with positive estimate revision factors - BofA
Insider Sale: Director Stefan Shaffer Sells Shares of Construction Partners Inc (ROAD)