On Monday, Autodesk Inc. (NASDAQ: ADSK) was -3.11% down from the session before settling in for the closing price of $236.98. A 52-week range for ADSK has been $188.38 – $279.53.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 16.47%. When this article was written, the company’s average yearly earnings per share was at 6.15%. With a float of $213.32 million, this company’s outstanding shares have now reached $215.00 million.
The extent of productivity of a business whose workforce counts for 13700 workers is very important to gauge.
Autodesk Inc. (ADSK) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Autodesk Inc. stocks. The insider ownership of Autodesk Inc. is 0.28%, while institutional ownership is 92.43%. The most recent insider transaction that took place on Apr 02 ’24, was worth 18,727. In this transaction SVP & Chief Accounting Officer of this company sold 75 shares at a rate of $249.69, taking the stock ownership to the 3,450 shares. Before that another transaction happened on Mar 27 ’24, when Company’s President and CEO sold 21,053 for $259.99, making the entire transaction worth $5,473,609. This insider now owns 105,213 shares in total.
Autodesk Inc. (ADSK) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 6.15% per share during the next fiscal year.
Autodesk Inc. (NASDAQ: ADSK) Trading Performance Indicators
You can see what Autodesk Inc. (ADSK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.02. Likewise, its price to free cash flow for the trailing twelve months is 38.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.20, a number that is poised to hit 1.75 in the next quarter and is forecasted to reach 9.11 in one year’s time.
Technical Analysis of Autodesk Inc. (ADSK)
The latest stats from [Autodesk Inc., ADSK] show that its last 5-days average volume of 1.26 million was inferior to 1.3 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 11.27%. Additionally, its Average True Range was 6.25.
During the past 100 days, Autodesk Inc.’s (ADSK) raw stochastic average was set at 37.20%, which indicates a significant increase from 1.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.47% in the past 14 days, which was lower than the 27.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $255.07, while its 200-day Moving Average is $226.86. Now, the first resistance to watch is $236.74. This is followed by the second major resistance level at $243.87. The third major resistance level sits at $247.78. If the price goes on to break the first support level at $225.70, it is likely to go to the next support level at $221.79. Assuming the price breaks the second support level, the third support level stands at $214.66.
Autodesk Inc. (NASDAQ: ADSK) Key Stats
There are 213,900K outstanding shares of the company, which has a market capitalization of 49.12 billion. As of now, sales total 5,497 M while income totals 906,000 K. Its latest quarter income was 1,469 M while its last quarter net income were 282,000 K.
