P/E Ratio Insights for Marriott Intl
Portfolio Pulse from Benzinga Insights
Marriott Intl Inc.'s (NASDAQ:MAR) stock price is currently at $205.48, after a 0.48% decrease. However, the stock has increased by 7.31% over the past month and 27.33% over the past year. The company's P/E ratio of 23.33 is lower than the industry average of 44.21, which could indicate that the stock is undervalued or that it might perform worse than its industry peers.
August 17, 2023 | 6:00 pm
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Marriott's stock price is at $205.48, down 0.48%. However, it has risen 7.31% in the past month and 27.33% in the past year. Its P/E ratio of 23.33 is lower than the industry average of 44.21, indicating potential undervaluation or underperformance.
The P/E ratio is a key indicator of a stock's value. Marriott's lower P/E ratio compared to the industry average could suggest that the stock is undervalued, which could attract investors. However, it could also indicate that investors do not expect the stock to perform well in the future, which could negatively impact the stock price. The recent decrease in stock price also suggests a potential negative short-term impact.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100