Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $291.90 in the prior trading day, Autodesk Inc (NASDAQ: ADSK) closed at $296.65, up 1.63%. In other words, the price has increased by $1.63 from its previous closing price. On the day, 2.07 million shares were traded. ADSK stock price reached its highest trading level at $297.941 during the session, while it also had its lowest trading level at $291.44.
Ratios:
Our goal is to gain a better understanding of ADSK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 0.99 whereas as Long-Term Debt/Eq ratio is at 0.85.
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 this company, UBS on Dec-03-24, initiated with a Buy rating and assigned the stock a target price of $350.
On November 29, 2024, HSBC Securities Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $290.
BMO Capital Markets reiterated its Market Perform rating for the stock on November 27, 2024, while the target price for the stock was revised from $287 to $308.
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 Nov 15 ’24 when MCDOWELL MARY T sold 550 shares for $305.06 per share. The transaction valued at 167,783 led to the insider holds 30,249 shares of the business.
MARY THERESE MCDOWELL bought 550 shares of ADSK for $167,783 on Nov 15 ’24. On Oct 15 ’24, another insider, MCDOWELL MARY T, who serves as the Director of the company, sold 550 shares for $285.31 each. As a result, the insider received 156,920 and left with 30,799 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 63930740736 and an Enterprise Value of 69086396416. As of this moment, Autodesk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 58.90, and their Forward P/E ratio for the next fiscal year is 32.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.77 while its Price-to-Book (P/B) ratio in mrq is 25.78. Its current Enterprise Value per Revenue stands at 11.901 whereas that against EBITDA is 49.489.
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 2.27%, while the 200-Day Moving Average is calculated to be 17.22%.
Shares Statistics:
The stock has traded on average 1.46M shares per day over the past 3-months and 1976480 shares per day over the last 10 days, according to various share statistics. A total of 215.00M shares are outstanding, with a floating share count of 214.49M. Insiders hold about 0.24% of the company’s shares, while institutions hold 89.95% stake in the company. Shares short for ADSK as of 1731628800 were 2492907 with a Short Ratio of 1.70, compared to 1728950400 on 2484417. Therefore, it implies a Short% of Shares Outstanding of 2492907 and a Short% of Float of 1.16.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.48.
