Adobe Inc. [NASDAQ: ADBE] opened at $277.66 and closed at $276.14 a share within trading session on 09/11/19. That means that the stock gained by 0.59% compared to the closing price from a day before, when the stock touched $277.78.
Between the start and the closing of the latest trading session, Adobe Inc. [NASDAQ: ADBE] had 2.52 million shares being bought and sold. In the last three months, average trading volumes hovered around 2.49M shares. During the last week, volatility in the share price was set at 2.45%, which placed the metric for the last 30 days at 2.35%. The price of the stock additionally went down to $204.95 during that period and ADBE managed to take a rebound to $313.11 in the last 52 weeks.
Adobe Inc. [NASDAQ:ADBE]: Analyst Rating and Earnings
Its stock price has been found in the range of 204.95 to 313.11. This is compared to its latest closing price of $276.14.
Keep on the lookout for this organization’s next scheduled financial results, which are expected to be made public on Tue 17 Sep (In 6 Days).
Fundamental Analysis of Adobe Inc. [ADBE]
Now let’s turn to look at profitability: with a current Operating Margin for Adobe Inc. [ADBE] sitting at +31.08 and its Gross Margin at +85.68, this company’s Net Margin is now 26.20%. These measurements indicate that Adobe Inc. [ADBE] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 23.43, and its Return on Invested Capital has reached 20.90%. Its Return on Equity is 29.07, and its Return on Assets is 15.19. These metrics all suggest that Adobe Inc. is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, Adobe Inc. [ADBE] has generated a Total Debt to Total Equity ratio of 44.06. Similarly, its Total Debt to Total Capital is 30.58, while its Total Debt to Total Assets stands at 21.39. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 31.28, and its Long-Term Debt to Total Capital is 44.06.
What about valuation? This company’s Enterprise Value to EBITDA is 44.36 and its Total Debt to EBITDA Value is 1.31. The Enterprise Value to Sales for this firm is now 13.87, and its Total Debt to Enterprise Value stands at 0.03. Adobe Inc. [ADBE] has a Price to Book Ratio of 13.07, a Price to Cash Flow Ratio of 31.00 and P/E Ratio of 51.82. These metrics suggest that this publicly-traded organization will not likely result in investment gains.
Shifting the focus to workforce efficiency, Adobe Inc. [ADBE] earns $420,535 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 7.09 and its Total Asset Turnover is 0.53. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.13 and its Current Ratio is 1.13. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Adobe Inc. [ADBE] has 490.23M shares outstanding, amounting to a total market cap of $136.18B. Its stock price has been found in the range of 204.95 to 313.11. At its current price, it has moved down by -11.28% from its 52-week high, and it has moved up 35.54% from its 52-week low.
This stock’s Beta value is currently 1.09, which indicates that it is 2.45% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 39.64. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Adobe Inc. [ADBE] a Reliable Buy?
Shares of Adobe Inc. [ADBE], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.