Textron (TXT)
(Real Time Quote from BATS)
$85.37 USD
+1.41 (1.68%)
Updated Nov 22, 2024 12:44 PM ET
4-Sell of 5 4
B Value F Growth D Momentum D 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.
TXT 85.37 +1.41(1.68%)
Will TXT be a Portfolio Killer in November?
Zacks Investment Research is releasing its prediction for TXT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for TXT
Airbus Delivers One H145M Combat Helicopter to the German Armed Forces
TXT's Arm Delivers First Aeromedical Aircraft to Peruvian Air Force
TXT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Textron Secures a $276.8M Contract to Supply T-54A Training Aircraft
Bell-Boeing Secures Contract to Aid CMV-22 Osprey Aircraft Program
Lockheed Martin's Unit Secures Contract to Modify CH-53K Helicopters
Other News for TXT
Jet.AI signs agreement on Cessna Citation CJ4 Gen2 fleet order from Textron
Jet.AI signs agreement on Cessna Citation CJ4 Gen2 fleet order from Textron
Strong Performance and Strategic Growth Drive Buy Rating for TXT e solutions SPA
TXT e-solutions Prepares for Shareholders’ Meeting
TXT e-Solutions Prepares for Shareholders’ Meeting