Shares of computer-aided design software maker Autodesk (ADSK) are down 18 cents at $68.14 after Rosenblatt Securities's Kirk Adams this morning cut his rating on the shares to Sell from Neutral, writing that the company’s path to being a SaaS, or “software-as-a-service” company is not clear. Reflecting on the company’s fiscal Q2 report last week, Adams writes that he found it “disappointing,” and that the stock at this point is “priced to perfection.” He has a $54 price target on the shares. Although I quoted CEO Carl Bass following the report as saying the company’s making a big transition to being a cloud company, Adams is not convinced: There were some bright spots, such as net new subscription adds being at 109K, with strong new model adds of 125K.
- Capital Cube•yesterday
Categories: ETFs Yahoo Finance Click here to see latest analysis ETF’s with exposure to Autodesk, Inc. Here are 5 ETF’s with the largest exposure to ADSK-US. Comparing the performance and risk of Autodesk, Inc. with the ETF’s that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
- Investopedia•2 days ago
Expectations were fairly muted ahead of Autodesk's (NASDAQ: ADSK) fiscal 2017 second-quarter earnings announcement on Thursday. Analysts' consensus estimates were for a 16% year-over-year drop in total ...
Autodesk, Inc. (ADSK)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||67.38 x 400|
|Ask||67.39 x 200|
|Day's Range||67.02 - 68.05|
|52wk Range||41.60 - 69.21|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-43.65|
|Avg Vol (3m)||1,678,960|
|Dividend & Yield||0.00 (0.00%)|