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Autodesk Inc. (NASDAQ: ADSK) closed the day trading at $242.53 up 1.40% from the previous closing price of $239.17. In other words, the price has increased by $1.40 from its previous closing price. On the day, 2.76 million shares were traded. ADSK stock price reached its highest trading level at $243.07 during the session, while it also had its lowest trading level at $240.12.
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 26.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.54. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.69. In the meantime, Its Debt-to-Equity ratio is 1.21 whereas as Long-Term Debt/Eq ratio is at 1.18.
On November 22, 2023, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $240 to $215.
On September 29, 2023, HSBC Securities started tracking the stock assigning a Hold rating and target price of $214.HSBC Securities initiated its Hold rating on September 29, 2023, with a $214 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 Jun 17 ’24 when MCDOWELL MARY T sold 550 shares for $235.00 per share. The transaction valued at 129,250 led to the insider holds 31,566 shares of the business.
Blum Steven M sold 17,413 shares of ADSK for $3,942,303 on Jun 14 ’24. The EVP, Chief Operating Officer now owns 54,136 shares after completing the transaction at $226.40 per share. On Jun 14 ’24, another insider, MCDOWELL MARY T, who serves as the Director of the company, sold 1,100 shares for $226.21 each. As a result, the insider received 248,831 and left with 32,116 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 52267397120 and an Enterprise Value of 53011480576. As of this moment, Autodesk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.55, and their Forward P/E ratio for the next fiscal year is 26.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.33 while its Price-to-Book (P/B) ratio in mrq is 24.13. Its current Enterprise Value per Revenue stands at 9.391 whereas that against EBITDA is 40.498.
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 $192.01. The 50-Day Moving Average of the stock is 10.67%, while the 200-Day Moving Average is calculated to be 5.92%.
Shares Statistics:
Over the past 3-months, ADSK traded about 2.18M shares per day on average, while over the past 10 days, ADSK traded about 3524180 shares per day. A total of 215.51M shares are outstanding, with a floating share count of 214.94M. Insiders hold about 0.26% of the company’s shares, while institutions hold 90.00% stake in the company. Shares short for ADSK as of 1715731200 were 2111999 with a Short Ratio of 1.01, compared to 1713139200 on 2219910. Therefore, it implies a Short% of Shares Outstanding of 2111999 and a Short% of Float of 0.9900000000000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.48.
