Textron (TXT)
(Delayed Data from NYSE)
$90.33 USD
-2.29 (-2.47%)
Updated Jul 19, 2024 04:00 PM ET
After-Market: $90.31 -0.02 (-0.02%) 7:58 PM ET
3-Hold of 5 3
B Value D Growth A 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.
TXT 90.33 -2.29(-2.47%)
Will TXT be a Portfolio Killer in July?
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.
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Company News for Jul 19, 2024
AAR (AIR) Q4 Earnings Surpass Estimates, Sales Rise Y/Y
Textron's (TXT) Q2 Earnings Beat Estimates, Revenues Rise Y/Y
Other News for TXT
Textron Aviation Unveils the Next Generation of Military Aircrew Multi-Engine Training Aircraft at the 2024 Farnborough International Airshow
Textron Aviation Bolsters Support in the United Kingdom and Ireland Through Expanded Relationship With Gama Aviation (UK) Limited
Textron Aviation expands relationship with Gama Aviation
Textron expands relationship with Gama Aviation
Textron price target raised by $3 at UBS, here's why