Autodesk Inc (NASDAQ:ADSK) shares traded -1.05% down during most recent session to reach at the closing price of $160.91. The stock exchanged hands 1.85 Million shares versus average trading capacity of 1.86 Million shares, yielding a market cap of $37.26 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $183.52 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 $204 and with a conservative view have low price target of $91.
“Maintained” Autodesk Inc (NASDAQ:ADSK) in a research note issued to investors on 5/24/19 to Neutral with price target of $164.
Additionally on 4/12/19 “Initiates Coverage On” Autodesk Inc (NASDAQ:ADSK) to Buy setting price target at $200 and on 4/10/19 “Reinstates” the stock to Overweight at $196. Furthermore on 3/01/19 “Maintained” the stock to Overweight at $199.
On the other hand the company has Relative Strength Index (RSI 14) of 38.67 along with Average True Range (ATR 14) of 4.63, Consequently Autodesk Inc (NASDAQ:ADSK)’s weekly and monthly volatility is 2.41%, 2.61% respectively. The company’s beta value is at 1.92.
In terms of Buy, Sell or Hold recommendations, Autodesk Inc (NASDAQ:ADSK) has analysts’ mean recommendation of 2. 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 $0.46 and can go high up to $0.48. The consensus mean EPS for the current quarter is at $0.47 derived from a total of 20 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.06 earnings per share for the same quarter during last year.
Previously Autodesk Inc (NASDAQ:ADSK) reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.04. The company posted an earnings surprise of 9.5%.
Autodesk Inc (NASDAQ:ADSK)’s revenue estimates for the current quarter are $740.13 Million according to 20 number of analysts, for the current quarter the company has high revenue estimates of $743.9 Million in contradiction of low revenue estimates of $735 Million. For the current year the company’s revenue estimates are $3.28 Billion compared to low analyst estimates of $3.27 Billion and high estimates of $3.3 Billion according to 21 number of analysts.
Currently Autodesk Inc (NASDAQ:ADSK)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 97.1%. However the six-month change in the insider ownership was recorded -20.47%, as well as three-month change in the institutional ownership was recorded -1.27%.
Autodesk Inc (NASDAQ:ADSK)’s trailing twelve month revenues are $2.57 Billion, whereas its price to sales ratio for the same period is 14.5. Its book value per share for the most recent quarter is $-0.96 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 $4.12, however its price to cash per share ratio for the same period is 39.07. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.