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After finishing at $250.18 in the prior trading day, Autodesk Inc. (NASDAQ: ADSK) closed at $242.81, down -2.95%. In other words, the price has decreased by -$2.95 from its previous closing price. On the day, 1.38 million shares were traded. ADSK stock price reached its highest trading level at $249.68 during the session, while it also had its lowest trading level at $240.64.
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 26.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.60. 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 Jul 15 ’24 when MCDOWELL MARY T sold 550 shares for $253.33 per share. The transaction valued at 139,332 led to the insider holds 31,016 shares of the business.
Blum Steven M sold 19,693 shares of ADSK for $4,923,250 on Jul 11 ’24. The EVP, Chief Operating Officer now owns 34,443 shares after completing the transaction at $250.00 per share. On Jun 27 ’24, another insider, Hope Stephen W., who serves as the SVP & Chief Accounting Officer of the company, sold 75 shares for $244.22 each. As a result, the insider received 18,316 and left with 5,350 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 52327739392 and an Enterprise Value of 53071958016. As of this moment, Autodesk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.61, and their Forward P/E ratio for the next fiscal year is 26.88. 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 9.34 while its Price-to-Book (P/B) ratio in mrq is 24.16. Its current Enterprise Value per Revenue stands at 9.402 whereas that against EBITDA is 40.544.
Stock Price History:
The Beta on a monthly basis for ADSK is 1.48, which has changed by 0.15678895 over the last 52 weeks, in comparison to a change of 0.22226071 over the same period for the S&P500. 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 6.18%, while the 200-Day Moving Average is calculated to be 4.69%.
Shares Statistics:
The stock has traded on average 2.16M shares per day over the past 3-months and 1267512 shares per day over the last 10 days, according to various share statistics. A total of 215.51M shares are outstanding, with a floating share count of 214.97M. Insiders hold about 0.25% of the company’s shares, while institutions hold 89.74% stake in the company. Shares short for ADSK as of 1719532800 were 3357140 with a Short Ratio of 1.55, compared to 1717113600 on 2215663. Therefore, it implies a Short% of Shares Outstanding of 3357140 and a Short% of Float of 1.5599999999999998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.48. The current Payout Ratio is 0.00% for ADSK, which recently paid a dividend on 2005-03-22 with an ex-dividend date of 1111449600. Stock splits for the company last occurred on 2004-12-21 when the company split stock in a 2:1 ratio.
