Autodesk, Inc. (NASDAQ:ADSK – Get Rating) has been given a consensus rating of “Moderate Buy” by the twenty-five analysts that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $257.19.
Several research firms recently commented on ADSK. Mizuho increased their target price on shares of Autodesk from $240.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, November 15th. Deutsche Bank Aktiengesellschaft raised their price objective on Autodesk from $225.00 to $255.00 in a research note on Thursday, August 25th. Oppenheimer reaffirmed an “outperform” rating and set a $255.00 target price on shares of Autodesk in a report on Tuesday, October 4th. KeyCorp lifted their price target on Autodesk from $250.00 to $264.00 and gave the stock an “overweight” rating in a research note on Thursday, August 25th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $270.00 price objective on shares of Autodesk in a research note on Thursday, November 17th.
Insider Activity at Autodesk
In other news, CEO Andrew Anagnost sold 34,366 shares of the firm’s stock in a transaction dated Monday, August 29th. The stock was sold at an average price of $206.87, for a total transaction of $7,109,294.42. Following the completion of the sale, the chief executive officer now directly owns 76,968 shares of the company’s stock, valued at approximately $15,922,370.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.11% of the company’s stock.
Institutional Inflows and Outflows
Autodesk Stock Up 1.2 %
ADSK opened at $208.90 on Wednesday. The company has a debt-to-equity ratio of 3.08, a quick ratio of 0.64 and a current ratio of 0.64. The company has a market capitalization of $45.09 billion, a PE ratio of 82.57, a P/E/G ratio of 1.87 and a beta of 1.49. The stock’s fifty day moving average is $201.79 and its 200-day moving average is $198.87. Autodesk has a one year low of $163.20 and a one year high of $310.70.
Autodesk (NASDAQ:ADSK – Get Rating) last released its earnings results on Tuesday, November 22nd. The software company reported $1.70 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.70. Autodesk had a return on equity of 88.57% and a net margin of 11.76%. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the previous year, the company earned $0.68 earnings per share. Autodesk’s revenue was up 13.7% compared to the same quarter last year. On average, equities analysts predict that Autodesk will post 4.13 EPS for the current fiscal year.
Autodesk, Inc provides 3D design, engineering, and entertainment software and services worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BIM 360, a construction management cloud-based software; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.
- Get a free copy of the StockNews.com research report on Autodesk (ADSK)
- After Nixing its 13% Dividend, Is Lumen Technologies Okay To Own?
- Cisco Systems Hopes Restructuring Cuts Costs to Drive Revenue
- The Sell-Side Caps Gains In Dick’s Sporting Goods
- Stock-ing Stuffers: 3 Attractive Stocks Trading Around $10
- Want to Get a 10% Dividend Yield, Look Here
Receive News & Ratings for Autodesk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autodesk and related companies with MarketBeat.com's FREE daily email newsletter.