Autodesk Inc. (NASDAQ:ADSK) saw a downside of -0.23% to close Tuesday at $275.91 after subtracting -$0.63 on the day. The 5-day average trading volume is 889,100 shares of the company’s common stock. It has gained $285.44 in the past week. An average of 1,239,345 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,452,846.
ADSK’s 1-month performance is -1.91% or -$8.52 on its low of $271.09 reached on 10/04/21. The company’s shares have touched a 52-week low of $233.32 and high of $344.39, with the stock’s rally to the 52-week high happening on 08/24/21. YTD, ADSK has lost -9.64% or -$29.43. However, the current price is down -19.88%% from the 52-week high price.
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
On Oct 01, 12 days have gone by since the last insider trading activity for Autodesk Inc. (ADSK). Hope Stephen W. (VP & Chief Accounting Officer) most recently sold 86 shares at $283.06 per share on Oct 01. This transaction cost the insider $24,343. EVP & Chief Financial Officer, Clifford Deborah, sold 5,481 shares at a price of $289.81 on Sep 08. Then, on Sep 08, VP & Chief Accounting Officer Hope Stephen W. sold 262 shares at a price of $286.46 per share. This transaction amounted to $75,053.
The company’s PE ratio for the last five years has touched a high of 624.68 and a low of 46.18. ADSK stock has a beta of 1.35. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 15.23 while the price-to-book (PB) in the most recent quarter is 45.68, with the price to cash flow ratio at 41.69.
Autodesk Inc.’s quick ratio for the period ended July 30 was 0.50, with the current ratio over the same period at 0.50 meaning that ADSK stock is not able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending July 30 was 1.23, while the total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 90.80%. The trailing 12-month EBITDA margin is 20.13% while for the period ending July 30; Autodesk Inc.’s operating margin was 15.70%. The firm’s gross profit as reported stood at $3.45 billion against revenue of $3.79 billion.
For the quarterly period ending July 30 this year, Autodesk Inc.’s cash and short-term investments amounted to $1.4 million against total debt of $2.08 billion. Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected ADSK to announce $1.13 per share in earnings in its latest quarter, but it posted $1.21, representing a 7.10% surprise. EBITDA for the quarter stood at more than $187.5 million. ADSK stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 6.09 billion, with total debt at $2.08 billion. Shareholders hold equity totaling $219.85 million
Let’s look briefly at Autodesk Inc. (ADSK) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 36.68% to suggest the stock is trending Neutral, with historical volatility in this time period at 25.33%.
The stock’s 5-day moving average is $278.37, reflecting a -0.03% or -$0.07 change from its current price. ADSK is currently trading -1.23% above its 20-day SMA, -1.87% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -14.33% and -8.45% respectively.
Stochastic %K and %D was 24.91% and 31.83% and the average true range (ATR) pointed at 6.53. The RSI (14) points at 37.61%, while the 14-day stochastic is at 19.88% with the period’s ATR at 6.89. The stock’s 9-day MACD Oscillator is pointing at -1.76 and -6.21 on the 14-day charts.
Analysts offering their rating for ADSK stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate ADSK as a “sell,”, while 6 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 13 have offered a “buy” rating.
What is ADSK’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $265.00 and a high of $400.00, with their median price target at $357.50. Looking at these predictions, the average price target given by analysts is for Autodesk Inc. (ADSK) stock is $350.94.