Warner Music Group (WMG)
(Delayed Data from NSDQ)
$30.14 USD
+0.63 (2.13%)
Updated Jul 11, 2024 04:00 PM ET
After-Market: $30.11 -0.03 (-0.10%) 5:24 PM ET
4-Sell of 5 4
D Value D Growth B 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.
WMG 30.14 +0.63(2.13%)
Will WMG be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for WMG based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for WMG
Zacks Industry Outlook Warner Music, News, Lions and IMAX
4 Film & Television Production Stocks to Watch on Solid Industry Trends
WMG: What are Zacks experts saying now?
Zacks Private Portfolio Services
Warner Music Group Corp. (WMG) Q2 Earnings and Revenues Beat Estimates
News Corp. (NWSA) Q3 Earnings Surpass Estimates
Warner Music Group Corp. (WMG) Earnings Expected to Grow: Should You Buy?
Other News for WMG
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, August 8, 2024
One way to get real-life legal experience? A free trip to the Paris Olympics
Super League Enterprise enters partnership with Bebe Rexha
Western Mines Group Lists New Shares on ASX
What You Missed On Wall Street This Morning