Sphere Entertainment Co. (SPHR)
(Real Time Quote from BATS)
$40.97 USD
-0.03 (-0.07%)
Updated Sep 18, 2024 01:32 PM ET
3-Hold of 5 3
D 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.
SPHR 40.97 -0.03(-0.07%)
Will SPHR be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for SPHR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for SPHR
Sphere Entertainment (SPHR) Reports Q4 Loss, Tops Revenue Estimates
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Sphere Entertainment (SPHR) Reports Q3 Loss, Misses Revenue Estimates
Other News for SPHR
Sphere Entertainment price target lowered by $2 at BofA, here's why
Hold Rating on Sphere Entertainment Amid Uncertain Content Profitability and Revised Financial Forecasts
Seaport Global Sticks to Their Buy Rating for Sphere Entertainment (SPHR)
Tracking John Rogers' Ariel Investments Portfolio - Q2 2024 Update
Sphere Entertainment Co (SPHR) Shares Gap Down to $40.41 on Sep 10