At the time of writing, Autodesk Inc [ADSK] stock is trading at $315.41, up 2.46%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ADSK shares have gain 2.86% over the last week, with a monthly amount glided 10.17%, 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 November 19, 2024, when Scotiabank initiated its Sector Outperform rating and assigned the stock a price target of $360. Previously, Wells Fargo started tracking the stock with Overweight rating on October 16, 2024, and set its price target to $340. On September 27, 2024, DA Davidson initiated with a Neutral rating and assigned a price target of $260 on the stock. HSBC Securities upgraded its rating to a Buy and increased its price target to $299 on September 03, 2024. Goldman upgraded its rating to a Neutral and raised its price target to $295 on September 03, 2024. BMO Capital Markets reiterated a Market Perform rating for this stock on August 30, 2024, and upped its price target to $287.
For the past year, the stock price of Autodesk Inc fluctuated between $195.32 and $315.73. Currently, Wall Street analysts expect the stock to reach $290.28 within the next 12 months. Autodesk Inc [NASDAQ: ADSK] shares were valued at $315.41 at the most recent close of the market. An investor can expect a potential drop of -7.97% based on the average ADSK price forecast.
Analyzing the ADSK fundamentals
According to Autodesk Inc [NASDAQ:ADSK], the company’s sales were 5.78B for trailing twelve months, which represents an 12.95% jump. Gross Profit Margin for this corporation currently stands at 0.92% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.53 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.95.
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 309.96 points at the first support level, and at 304.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 319.16, and for the 2nd resistance point, it is at 322.90.
Ratios To Look Out For
It is important to note that Autodesk Inc [NASDAQ:ADSK] has a current ratio of 0.64. As well, the Quick Ratio is 0.64, while the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 11.74, the price to book ratio is 27.41 and price to earnings (TTM) ratio is 64.61.
Transactions by insiders
Recent insider trading involved MCDOWELL MARY T, Director, that happened on Nov 15 ’24 when 550.0 shares were sold. Director, MARY THERESE MCDOWELL completed a deal on Nov 15 ’24 to buy 550.0 shares. Meanwhile, Director MCDOWELL MARY T sold 550.0 shares on Oct 15 ’24.
