Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
Autodesk Inc (NASDAQ: ADSK) closed the day trading at $260.39 down -2.56% from the previous closing price of $267.24. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 1.64 million shares were traded.
Ratios:
For a better understanding of ADSK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.73. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.68. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.84.
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, Mizuho on January 28, 2025, Upgraded its rating to Outperform and sets its target price to $400 from $280 previously.
On January 08, 2025, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $311 to $357.
On December 12, 2024, Macquarie started tracking the stock assigning a Outperform rating and target price of $380.Macquarie initiated its Outperform rating on December 12, 2024, with a $380 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 11 ’24 when NORRINGTON LORRIE M sold 1,778 shares for $305.37 per share. The transaction valued at 542,948 led to the insider holds 9,981 shares of the business.
LORRIE NORRINGTON bought 1,778 shares of ADSK for $542,948 on Dec 11 ’24. On Dec 06 ’24, another insider, NORRINGTON LORRIE M, who serves as the Director of the company, sold 1,778 shares for $305.92 each. As a result, the insider received 543,926 and left with 11,759 shares of the company.
Valuation Measures:
As of this moment, Autodesk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.78, and their Forward P/E ratio for the next fiscal year is 24.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.15 while its Price-to-Book (P/B) ratio in mrq is 21.40.
Stock Price History:
Over the past 52 weeks, ADSK has reached a high of $326.62, while it has fallen to a 52-week low of $195.32. The 50-Day Moving Average of the stock is -11.49%, while the 200-Day Moving Average is calculated to be -3.79%.
Shares Statistics:
A total of 215.00M shares are outstanding, with a floating share count of 214.48M. Insiders hold about 0.24% of the company’s shares, while institutions hold 91.11% stake in the company.
