The device looks like a very expense toy and very small print area. Plus, it appears they want to buddle software with it which will raise the price. I would leave printing to HPQ, Dell, Epson and Xerox if it were me.
Does anyone know the target price ?
After reading this I believe ADSK is investing in it own stock . It has not returned the shares to "treasury Shares" and is hence investing the shareholders money into shares of the company. Sounds like the FED to me!!! buying US T-Bills. To be fair, companies do this all the time to pay stock bonuses, but ADSK is well beyond that and accumulating shares. This could be used to the advantage of the management to inflate share prices and increase their bonus's. I don't know their pay arrangements or bonus structure.
Investopedia explains 'Treasury Stock (Treasury Shares)'
Treasury stock is often created when shares of a company are initially issued. In this case, not all shares are issued to the public, as some are kept in the company's treasury to be used to create extra cash should it be needed. Another reason may be to keep a controlling interest within the treasury to help ward off hostile takeovers.
Alternatively, treasury stock can be created when a company does a share buyback and purchases its shares on the open market. This can be advantageous to shareholders because it lowers the number of shares outstanding. However, not all buybacks are a good thing. For example, if a company merely buys stock to improve financial ratios such as EPS or P/E, then the buyback is detrimental to the shareholders, and it is done without the shareholders' best interests in mind.
On the Balance sheet it appears they bgt. 45m of stock in the first qtr. and another 187m in all of 2013. A little unusual to buy that much stock and not retire the shares. Not many companies I know that do this. And they have been doing so for 3 years or more. This should not increase valuations as the stock is carried on the balance sheet. Wonder why they prefer this to paying a divvy
Ten years ago or more the AutoCad product had a huge market share and was growing. I think today that has been taken away by Dassault ( Solidworks and Catia)
Looking at yahoo.finance for ADSK, I wonder how the preditiction for the forward PE ratio can drop from approx 47 to 31 when all the forward earnings estimates are down. Even the trailing year to year earning and gross sales are falling ? I am considering shorting this stock.