A share price of Autodesk Inc. [ADSK] is currently trading at $220.28, down -0.51%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ADSK shares have gain 2.06% over the last week, with a monthly amount glided 1.45%, and seem to be holding up well over a long-time horizon.
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
Sponsored
From an analyst’s perspective:
Autodesk Inc. [NASDAQ: ADSK] stock has seen the most recent analyst activity on May 01, 2024, when Berenberg downgraded its rating to a Hold but kept the price target unchanged to $295 for it. Previously, Piper Sandler downgraded its rating to Neutral on November 22, 2023, and dropped its price target to $215. On September 29, 2023, HSBC Securities initiated with a Hold rating and assigned a price target of $214 on the stock. BMO Capital Markets started tracking the stock assigning a Market Perform rating and suggested a price target of $224 on May 24, 2023. William Blair initiated its recommendation with a Outperform. Berenberg started tracking with a Buy rating for this stock on January 11, 2023, and assigned it a price target of $230. In a note dated November 23, 2022, Mizuho downgraded an Neutral rating on this stock and revised its target price from $260 to $210.
Autodesk Inc. experienced fluctuations in its stock price throughout the past year between $192.01 and $279.53. Currently, Wall Street analysts expect the stock to reach $278.82 within the next 12 months. Autodesk Inc. [NASDAQ: ADSK] shares were valued at $220.28 at the most recent close of the market. An investor can expect a potential return of 26.58% based on the average ADSK price forecast.
Analyzing the ADSK fundamentals
Trailing Twelve Months sales for Autodesk Inc. [NASDAQ:ADSK] were 5.45B which represents 13.52% growth. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.67 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 218.65 points at the first support level, and at 217.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 221.25, and for the 2nd resistance point, it is at 222.23.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Autodesk Inc. [NASDAQ:ADSK] is 0.82. Further, the Quick Ratio stands at 0.75, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 8.72, the price to book ratio is 31.81 and price to earnings (TTM) ratio is 52.40.
Transactions by insiders
Recent insider trading involved Hope Stephen W., SVP & Chief Accounting Officer, that happened on Apr 02 ’24 when 75.0 shares were sold. President and CEO, Anagnost Andrew completed a deal on Mar 27 ’24 to sell 21053.0 shares. Meanwhile, EVP, Chief Financial Officer Clifford Deborah sold 5553.0 shares on Mar 27 ’24.
