Workhorse Group (WKHS)
(Real Time Quote from BATS)
$1.17 USD
+0.03 (2.63%)
Updated Aug 16, 2024 12:04 PM ET
3-Hold of 5 3
F Value C Growth C 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.
WKHS 1.17 +0.03(2.63%)
Will WKHS be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for WKHS based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for WKHS
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WKHS: What are Zacks experts saying now?
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Other News for WKHS
Options Volatility and Implied Earnings Moves Today, August 14, 2024
Wall Street bracing for another disappointment as Workhorse delays Q2
Workhorse Reschedules Second Quarter 2024 Earnings Call to August 20, 2024 at 11:00 AM ET
Workhorse Group Q2 2024 Earnings Preview
Here's the major earnings before the open tomorrow