|Bid||192.50 x 800|
|Ask||202.88 x 1800|
|Day's Range||191.31 - 194.24|
|52 Week Range||129.70 - 194.24|
|Beta (5Y Monthly)||1.88|
|PE Ratio (TTM)||289.88|
|Earnings Date||Feb 25, 2020 - Mar 01, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 20, 2005|
|1y Target Est||201.13|
Shares of Adobe Systems Inc. are up 0.9% in premarket trading Friday after Oppenheimer analyst Brian Schwartz upgraded the stock to outperform from perform, while Autodesk Inc. shares are off 0.7% after he made the reverse move on that software stock. Schwartz said that Adobe is the closest supplier among those he covers to achieving the "holy grail" of the customer experience, which in his view is "having the capability to smoothly integrate customer data, workflow, analytics, compute and reporting in real-time, across all devices." As for his Autodesk downgrade, Schwartz is concerned that the company's strong execution in its construction business can't balance a weak macroeconomic backdrop in the manufacturing sector. Autodesk's stock has added 33% over the past three months, while Adobe's has climbed 28% and the S&P 500 has risen 11%.
Autodesk, Inc. (NASDAQ: ADSK) today announced that it has been notified of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation to purchase up to 1 million shares, or approximately 0.45 percent of outstanding shares, of Autodesk's common stock at $176.00 per share, which was approximately 4.84 percent below the closing share price of Autodesk's common stock on Jan. 3, 2020 ($184.95), the last trading day prior to the date of TRC Capital's mini-tender offer, and approximately 8.00 percent below the closing share price of Autodesk common stock on Jan. 14, 2020 ($191.11), the day prior to this release.
The price-to-earnings valuation for the S&P 500 technology sector has never been higher over the past 15 years.
Autodesk, Inc. (NASDAQ: ADSK) today announced the pricing of its notes in an aggregate principal amount of $500 million in an underwritten, registered public offering. The notes will mature on January 15, 2030 and will bear interest at an annual rate of 2.850 percent. The notes are Autodesk's senior unsecured obligations. The offering is expected to close on January 14, 2020, subject to customary closing conditions.
Last year's fourth quarter was a rough one for investors and many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing […]
Investing.com - Stocks hit record intraday and closing highs Friday, and the Nasdaq Composite Index topped 8,900 for the first time as the December market rally continued.
Stock futures: AMD, Tesla, Disney, Splunk and Autodesk moved back into buy zones Monday as the stock markety hit new highs. Boeing extended losses as it confirmed a 737 Max production halt.
Autodesk is the IBD Stock Of The Day as the maker of computer-aided design software and workflow tools cleared a three-weeks-tight pattern. Autodesk jumped into a buy zone Monday.
The S&P; 500 is trading for more than 20 times earnings, well above its 18.8 long-term average. But don't confuse this with a warning sign.
Matthew Iorio's White Elm Capital is returning money to its investors at the end of the year. Based in Greenwich Connecticut, Matt Iorio's White Elm Capital is a top-tier hedge fund that flied under many investors' radar screens. A former managing director at Stephen Mandel's Lone Pine Capital, Matt Iorio is a Tuck School of […]
The company delivered yet another solid quarter as the stock trades at over 13 times revenue, making investors wonder about the scope for future appreciation Continue reading...
A week ago, Autodesk, Inc. (NASDAQ:ADSK) came out with a strong set of quarterly numbers that could potentially lead...
After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of September 30th. The results of that effort will be put on display in this article, as […]
Digital banking has been raising the bar for customer service at large financial institutions. However, Rho Business Banking CEO Everett Cook believes that the switch to digital banking has meant that entrepreneurs get left behind. He joins The Final Round to discuss how his company works with startups and mid-market companies exclusively in order to close the gap.
Autodesk jumped past a 181.65 3-weeks-tight/de facto handle right at long consolidation's high. Tight action nice after several loose bases. Earnings growth huge – will it finally take off? Stock Of The Day.