SABLE OFFSHORE (SOC)
(Delayed Data from NYSE)
$22.12 USD
-0.24 (-1.07%)
Updated Nov 1, 2024 04:00 PM ET
After-Market: $22.13 +0.01 (0.05%) 7:58 PM ET
4-Sell of 5 4
F Value F Growth F 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.
SOC 22.12 -0.24(-1.07%)
Will SOC be a Portfolio Killer in November?
Zacks Investment Research is releasing its prediction for SOC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for SOC
SABLE OFFSHORE (SOC) Is a Great Choice for 'Trend' Investors, Here's Why
SABLE OFFSHORE (SOC) is on the Move, Here's Why the Trend Could be Sustainable
SOC: What are Zacks experts saying now?
Zacks Private Portfolio Services
Other News for SOC
Kepler Capital Remains a Buy on Subsea 7 (0OGK)
Analysts Have Conflicting Sentiments on These Financial Companies: Kemper (KMPR), Credit Acceptance (CACC) and Sable Offshore (SOC)
SOCO Corporation Faces Governance Challenges After AGM
SOCO Corporation Ltd Projects 30% Revenue Growth Amid Acquisitions
SOCO Corporation Eyes Growth Amid Leadership Changes