Understanding Autodesk Inc. (ADSK)’s financial health through ratios

Autodesk Inc. (NASDAQ: ADSK) closed the day trading at $248.71 down -4.14% from the previous closing price of $259.44. In other words, the price has decreased by -$10.73 from its previous closing price. On the day, 1691767 shares were traded.

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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 23.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.50. 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 53.18B and an Enterprise Value of 53.56B. As of this moment, Autodesk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 59.16, and their Forward P/E ratio for the next fiscal year is 27.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.77 while its Price-to-Book (P/B) ratio in mrq is 35.91. Its current Enterprise Value per Revenue stands at 9.74 whereas that against EBITDA is 42.27.

Stock Price History:

The Beta on a monthly basis for ADSK is 1.42, which has changed by 25.83% over the last 52 weeks, in comparison to a change of 27.27% 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 $188.38. The 50-Day Moving Average of the stock is 257.52, while the 200-Day Moving Average is calculated to be 226.38.

Shares Statistics:

Over the past 3-months, ADSK traded about 1.29M shares per day on average, while over the past 10 days, ADSK traded about 1.11M 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 92.64% stake in the company. Shares short for ADSK as of Mar 15, 2024 were 2.27M with a Short Ratio of 1.75, compared to 2.76M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.06% and a Short% of Float of 1.06%.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.48.

Earnings Estimates

Current recommendations for the stock of the company come from 17 analysts. On average, analysts expect EPS of $1.74 for the current quarter, with a high estimate of $1.77 and a low estimate of $1.63, while EPS last year was $1.55. The consensus estimate for the next quarter is $1.97, with high estimates of $2.03 and low estimates of $1.85.

Analysts are recommending an EPS of between $8.47 and $7.93 for the fiscal current year, implying an average EPS of $8.07. EPS for the following year is $9.11, with 23 analysts recommending between $9.6 and $8.61.

Revenue Estimates

A total of 23 analysts have provided revenue estimates for ADSK’s current fiscal year. The highest revenue estimate was $6.09B, while the lowest revenue estimate was $5.96B, resulting in an average revenue estimate of $6.04B. In the same quarter a year ago, actual revenue was $5.5B, up 9.90% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $6.74B in the next fiscal year. The high estimate is $6.95B and the low estimate is $6.57B. The average revenue growth estimate for next year is up 11.60% from the average revenue estimate for this year.

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