Price Over Earnings Overview: Nasdaq
Portfolio Pulse from Benzinga Insights
Nasdaq Inc. (NASDAQ:NDAQ) shares fell by 1.33% to $57.00 in the current market session, reflecting a 1.73% increase over the past month but a 5.86% decrease over the past year. The company's P/E ratio of 27.77, compared to the Capital Markets industry average of 42.74, suggests it may be undervalued or expected to underperform by shareholders.
February 01, 2024 | 1:45 pm
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NEUTRAL IMPACT
Nasdaq Inc.'s stock fell by 1.33% to $57.00, with a P/E ratio of 27.77 suggesting potential undervaluation or skepticism about future growth compared to the industry average of 42.74.
The short-term impact on NDAQ's stock price is neutral due to the mixed signals from its recent performance and P/E ratio comparison with the industry. While the stock has shown resilience in the short term, the lower P/E ratio compared to the industry average could indicate either undervaluation or skepticism about future growth. This ambiguity leads to a neutral outlook in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100