Are Smart Investors Making the Right Decision? Autodesk Inc (ADSK)

With 1.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.37 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $321.89 whereas the lowest price it dropped to was $315.1425. The 52-week range on ADSK shows that it touched its highest point at $317.45 and its lowest point at $195.32 during that stretch. It currently has a 1-year price target of $314.79. ADSK paid its most recent dividend on 1111449600, while the ex-dividend date for that was 1111449600. Beta for the stock currently stands at 1.46.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ADSK was up-trending over the past week, with a rise of 7.39%, but this was up by 12.42% over a month. Three-month performance surged to 25.39% while six-month performance rose 49.50%. The stock gained 58.53% in the past year, while it has gained 31.95% so far this year. A look at the trailing 12-month EPS for ADSK yields 4.88 with Next year EPS estimates of 9.18. For the next quarter, that number is 2.12. This implies an EPS growth rate of 8.88% for this year and 10.93% for next year.

Float and Shares Shorts:

At present, 215.00 million ADSK shares are outstanding with a float of 214.49 million shares on hand for trading. On 2024-10-31, short shares totaled 2.44 million, which was 112.99999999999999 higher than short shares on 1727654400. In addition to Dr. Andrew Anagnost Ph.D. as the firm’s President, CEO & Director, Ms. Elizabeth S. Rafael CPA serves as its Interim CFO & Director.

Institutional Ownership:

Through their ownership of 0.94245005 of ADSK’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-07-31, ADSK reported revenue of $1505000000.0 and operating income of $343000000.0. The EBITDA in the recently reported quarter was $393000000.0 and diluted EPS was $1.3.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ADSK since 19 analysts follow the stock currently. There are 13 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ADSK analysts setting a high price target of 375.0 and a low target of 245.0, the average target price over the next 12 months is 312.00778. Based on these targets, ADSK could surge 16.72% to reach the target high and fall by -23.74% to reach the target low. Reaching the average price target will result in a decline of -2.88% from current levels.

Analysts have provided yearly estimates in a range of $7.5018 being high and $7.45179 being low. For ADSK, this leads to a yearly average estimate of $7.4818. The surprise factor in the prior quarter was $1.77. Based on analyst estimates, the high estimate for the next quarter is $2.19 and the low estimate is $2.06. The average estimate for the next quarter is thus $2.12.