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Autodesk Inc. (NASDAQ: ADSK) closed the day trading at $214.92 down -5.84% from the previous closing price of $228.24. In other words, the price has decreased by -$5.84 from its previous closing price. On the day, 6.35 million shares were traded. ADSK stock price reached its highest trading level at $219.5 during the session, while it also had its lowest trading level at $207.43.
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 20.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.86. 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:
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 Apr 02 ’24 when Hope Stephen W. sold 75 shares for $249.69 per share. The transaction valued at 18,727 led to the insider holds 3,450 shares of the business.
Anagnost Andrew sold 21,053 shares of ADSK for $5,473,609 on Mar 27 ’24. The President and CEO now owns 105,213 shares after completing the transaction at $259.99 per share. On Mar 27 ’24, another insider, Clifford Deborah, who serves as the EVP, Chief Financial Officer of the company, sold 5,553 shares for $260.01 each. As a result, the insider received 1,443,821 and left with 32,259 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 45974614016 and an Enterprise Value of 46372880384. As of this moment, Autodesk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.13, and their Forward P/E ratio for the next fiscal year is 23.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.44 while its Price-to-Book (P/B) ratio in mrq is 31.03. Its current Enterprise Value per Revenue stands at 8.436 whereas that against EBITDA is 38.042.
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 -15.56%, while the 200-Day Moving Average is calculated to be -5.31%.
Shares Statistics:
Over the past 3-months, ADSK traded about 1.32M shares per day on average, while over the past 10 days, ADSK traded about 1881790 shares per day. A total of 215.00M shares are outstanding, with a floating share count of 213.32M. Insiders hold about 0.28% of the company’s shares, while institutions hold 92.39% stake in the company. Shares short for ADSK as of 1711584000 were 2654815 with a Short Ratio of 2.00, compared to 1709164800 on 2304610. Therefore, it implies a Short% of Shares Outstanding of 2654815 and a Short% of Float of 1.24.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.48.
Earnings Estimates
The dynamic stock of Autodesk Inc. (ADSK) is currently being evaluated by a team of Autodesk, Inc. analysts, each contributing to its current rating.The consensus estimate for the next quarter is $10.80, with high estimates of $0.00 and low estimates of $0.00.
