Autodesk Inc (NASDAQ:ADSK) shares traded -0.04% down during most recent session to reach at the closing price of $136.71. The stock exchanged hands 1.52 Million shares versus average trading capacity of 2.33 Million shares, yielding a market cap of $30.1 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $165.35 within the next 52-weeks. The mean target projections are based on 23 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Autodesk Inc (NASDAQ:ADSK) high price target of $220 and with a conservative view have low price target of $76.
Atlantic Equities “Initiates Coverage On” Autodesk Inc (NASDAQ:ADSK) in a research note issued to investors on 1/09/19 to Overweight with price target of $180.
Additionally on 12/19/18 Stifel Nicolaus “Initiates Coverage On” Autodesk Inc (NASDAQ:ADSK) to Buy setting price target at $163 and on 12/13/18 JP Morgan “Downgrades” the stock to Neutral at $0. Furthermore on 11/23/18 Argus “Upgrades” the stock to Buy at $160.
On the other hand the company has Relative Strength Index (RSI 14) of 55.67 along with Average True Range (ATR 14) of 5.53, Consequently Autodesk Inc (NASDAQ:ADSK)’s weekly and monthly volatility is 3.64%, 4.25% respectively. The company’s beta value is at 1.9.
In terms of Buy, Sell or Hold recommendations, Autodesk Inc (NASDAQ:ADSK) has analysts’ mean recommendation of 1.8. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Autodesk Inc (NASDAQ:ADSK)’s minimum EPS for the current quarter is at $0.39 and can go high up to $0.45. The consensus mean EPS for the current quarter is at $0.42 derived from a total of 20 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.09 earnings per share for the same quarter during last year.
Previously Autodesk Inc (NASDAQ:ADSK) reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.02. The company posted an earnings surprise of 7.4%.
Autodesk Inc (NASDAQ:ADSK)’s revenue estimates for the current quarter are $706.48 Million according to 19 number of analysts, for the current quarter the company has high revenue estimates of $714.1 Million in contradiction of low revenue estimates of $701.1 Million. For the current year the company’s revenue estimates are $2.54 Billion compared to low analyst estimates of $2.53 Billion and high estimates of $2.55 Billion according to 22 number of analysts.
Currently Autodesk Inc (NASDAQ:ADSK)’s shares owned by insiders are 0.17%, whereas shares owned by institutional owners are 98.2%. However the six-month change in the insider ownership was recorded -7.6%, as well as three-month change in the institutional ownership was recorded -0.19%.
Autodesk Inc (NASDAQ:ADSK)’s trailing twelve month revenues are $2.39 Billion, whereas its price to sales ratio for the same period is 12.61. Its book value per share for the most recent quarter is $-1.55 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $4.9, however its price to cash per share ratio for the same period is 27.92. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.