The price of Autodesk Inc. (NASDAQ: ADSK) closed at $253.84 in the last session, up 1.09% from day before closing price of $251.10. In other words, the price has increased by $+2.74 from its previous closing price. On the day, 1362085 shares were traded.
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Ratios:
We take a closer look at ADSK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on November 22, 2023, Downgraded its rating to Neutral and sets its target price to $215 from $240 previously.
On September 29, 2023, HSBC Securities started tracking the stock assigning a Hold rating and target price of $214.
On May 24, 2023, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $224.BMO Capital Markets initiated its Market Perform rating on May 24, 2023, with a $224 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 07 ’24 when Pearce Rebecca sold 1,628 shares for $251.54 per share. The transaction valued at 409,510 led to the insider holds 13,620 shares of the business.
MCDOWELL MARY T sold 5,000 shares of ADSK for $1,375,000 on Mar 01 ’24. The Director now owns 33,766 shares after completing the transaction at $275.00 per share. On Feb 15 ’24, another insider, MCDOWELL MARY T, who serves as the Director of the company, sold 550 shares for $264.74 each. As a result, the insider received 145,607 and left with 38,766 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADSK now has a Market Capitalization of 54.28B and an Enterprise Value of 54.66B. As of this moment, Autodesk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 60.38, and their Forward P/E ratio for the next fiscal year is 27.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.97 while its Price-to-Book (P/B) ratio in mrq is 36.65. Its current Enterprise Value per Revenue stands at 9.94 whereas that against EBITDA is 43.14.
Stock Price History:
Over the past 52 weeks, ADSK has reached a high of $279.53, while it has fallen to a 52-week low of $188.38. The 50-Day Moving Average of the stock is 250.23, while the 200-Day Moving Average is calculated to be 220.35.
Shares Statistics:
According to the various share statistics, ADSK traded on average about 1.35M shares per day over the past 3-months and 1.75M shares per day over the past 10 days. A total of 215.00M shares are outstanding, with a floating share count of 213.26M. Insiders hold about 0.31% of the company’s shares, while institutions hold 92.65% stake in the company. Shares short for ADSK as of Feb 15, 2024 were 2.76M with a Short Ratio of 2.05, compared to 3.18M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.29% and a Short% of Float of 1.29%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.48.
Earnings Estimates
The company has 17 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.76 for the current quarter, with a high estimate of $1.95 and a low estimate of $1.71, while EPS last year was $1.55. The consensus estimate for the next quarter is $1.97, with high estimates of $2.06 and low estimates of $1.85.
Analysts are recommending an EPS of between $8.49 and $7.93 for the fiscal current year, implying an average EPS of $8.09. EPS for the following year is $9.12, with 22 analysts recommending between $9.55 and $8.61.
Revenue Estimates
A total of 23 analysts have provided revenue estimates for ADSK’s current fiscal year. The highest revenue estimate was $6.08B, while the lowest revenue estimate was $5.95B, resulting in an average revenue estimate of $6.02B. In the same quarter a year ago, actual revenue was $5.5B, up 9.60% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $6.72B in the next fiscal year. The high estimate is $6.95B and the low estimate is $6.55B. The average revenue growth estimate for next year is up 11.60% from the average revenue estimate for this year.
