WEC Energy Group (WEC)
(Real Time Quote from BATS)
$82.07 USD
+0.52 (0.64%)
Updated Jul 22, 2024 11:52 AM ET
4-Sell of 5 4
C Value A Growth C 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.
WEC 82.07 +0.52(0.64%)
Will WEC be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for WEC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for WEC
EBR or WEC: Which Is the Better Value Stock Right Now?
Why Is WEC Energy (WEC) Down 4.6% Since Last Earnings Report?
WEC: What are Zacks experts saying now?
Zacks Private Portfolio Services
WEC Energy (WEC) Q1 Earnings Top Estimates, Revenues Lag
DTE or WEC: Which Is the Better Value Stock Right Now?
WEC Energy Group (WEC) Q1 Earnings Beat Estimates
Other News for WEC
WEC Energy price target lowered by $3 at BMO Capital, here's why
Balanced Outlook: Hold Rating for WEC Energy Amid Near-Term Challenges and Long-Term Growth
WEC Energy price target lowered by $1 at KeyBanc, here's why
WEC Energy price target raised by $2 at Barclays, here's why
Barclays Sticks to Their Sell Rating for WEC Energy Group (WEC)