Autodesk, Inc. (ADSK) in Focus: Stock Moves 8.1% Higher

Zacks

Autodesk, Inc. (ADSK) was a big mover last session, as the company saw its shares rise by over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $46.62 to $49.01 in the past one-month time frame.

This computer software company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Autodesk currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Some better-ranked stocks in the same industry include Manhattan Associates, Inc. (MANH), Citrix Systems, Inc. (CTXS) and Intuit Inc. (INTU). While Manhattan Associates holds a Zacks Rank #1 (Strong Buy), Citrix Systems and Intuit carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>



AUTODESK INC (ADSK): Free Stock Analysis Report

MANHATTAN ASSOC INC (MANH): Free Stock Analysis Report

CITRIX SYSTEMS INC (CTXS): Free Stock Analysis Report

INTUIT INC (INTU): Free Stock Analysis Report


Zacks Investment Research

View Comments (0)