Autodesk Inc [ADSK] stock is trading at $305.17, up 0.31%. 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 5.00% over the last week, with a monthly amount glided 4.59%, 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 December 02, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $350. Previously, HSBC Securities downgraded its rating to Hold on November 29, 2024, and kept the price target unchanged to $290. On November 27, 2024, BMO Capital Markets reiterated its Market Perform rating and revised its price target to $308 on the stock. Scotiabank started tracking the stock assigning a Sector Outperform rating and suggested a price target of $360 on November 19, 2024. Wells Fargo initiated its recommendation with a Overweight and recommended $340 as its price target on October 16, 2024. DA Davidson started tracking with a Neutral rating for this stock on September 27, 2024, and assigned it a price target of $260. In a note dated September 03, 2024, HSBC Securities upgraded an Buy rating on this stock and boosted its target price from $242 to $299.
Autodesk Inc [ADSK] stock has fluctuated between $195.32 and $326.62 over the past year. Currently, Wall Street analysts expect the stock to reach $301.61 within the next 12 months. Autodesk Inc [NASDAQ: ADSK] shares were valued at $305.17 at the most recent close of the market. An investor can expect a potential drop of -1.17% based on the average ADSK price forecast.
Analyzing the ADSK fundamentals
Autodesk Inc [NASDAQ:ADSK] reported sales of 5.94B for the trailing twelve months, which represents a growth of 11.93%. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.66 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.99.
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 301.91 points at the first support level, and at 298.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 307.84, and for the 2nd resistance point, it is at 310.51.
Ratios To Look Out For
For context, Autodesk Inc’s Current Ratio is 0.65. Further, the Quick Ratio stands at 0.65, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 11.04, the price to book ratio is 25.08 and price to earnings (TTM) ratio is 60.63.
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.
