Price Over Earnings Overview: Applied Mat
Portfolio Pulse from Benzinga Insights
Applied Mat Inc.'s (NASDAQ:AMAT) shares are currently trading at $136.27, after a 0.51% drop. Despite a decrease of 4.39% over the past month, the stock has increased by 61.67% over the past year. The company's P/E ratio is 18.07, lower than the industry average of 39.59, which could indicate potential undervaluation or weaker future performance.

September 21, 2023 | 3:15 pm
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NEUTRAL IMPACT
Applied Mat Inc.'s stock has seen a short-term decrease but a significant long-term increase. Its lower P/E ratio compared to the industry average could suggest potential undervaluation or weaker future performance.
Applied Mat Inc.'s stock has decreased in the short term but increased significantly over the past year. Its P/E ratio is lower than the industry average, which could suggest that the stock is undervalued. However, a lower P/E ratio could also indicate weaker future performance. Therefore, the impact on the stock price in the short term is neutral.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100