A Look Into Masimo Inc's Price Over Earnings
Portfolio Pulse from Benzinga Insights
Masimo Inc. (NASDAQ:MASI) stock is currently priced at $131.50, experiencing a 1.37% drop in the current session. Despite this, the stock has seen a 17.92% increase over the past month and a 62.48% increase over the past year. The company's P/E ratio is 90.74, lower than the industry average of 299.87, which may suggest undervaluation or weak growth prospects.
October 01, 2024 | 8:00 pm
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Masimo Inc.'s stock price is currently $131.50, with a recent drop of 1.37%. Despite this, the stock has increased significantly over the past month and year. Its P/E ratio of 90.74 is lower than the industry average, which could indicate undervaluation or weak growth prospects.
The article discusses Masimo Inc.'s current stock price and its P/E ratio compared to the industry average. The stock has seen significant growth over the past month and year, but the recent drop and lower P/E ratio suggest mixed signals. The P/E ratio being lower than the industry average could indicate that the stock is undervalued, but it could also suggest weak growth prospects. This analysis is important for investors considering the stock's valuation and future performance.
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