P/E Ratio Insights for Autodesk
Portfolio Pulse from Benzinga Insights
Autodesk Inc.'s stock price is at $202.40, after a 2.08% decrease, but has increased by 1.89% over the past month and 9.03% in the past year. The company's P/E ratio is lower than the aggregate P/E of the Software industry, which could indicate undervaluation or weak growth prospects.
June 23, 2023 | 1:46 pm
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Autodesk's stock price decreased by 2.08% to $202.40, but has increased by 1.89% over the past month. Its lower P/E ratio compared to the Software industry may suggest undervaluation or weak growth prospects.
Autodesk's stock price has decreased in the current session, but has shown growth over the past month and year. Its lower P/E ratio compared to the Software industry could indicate undervaluation, which may attract investors, or weak growth prospects, which could deter them. The impact on the stock price in the short term is uncertain, as the P/E ratio is just one of many factors that investors consider.
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