Autodesk Inc (NASDAQ: ADSK) on Friday, soared 0.43% from the previous trading day, before settling in for the closing price of $290.64. Within the past 52 weeks, ADSK’s price has moved between $195.32 and $326.62.
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During the last 5-year period, the sales growth of Technology Sector giant was 16.24%. The company achieved an average annual earnings per share of 9.56%. With a float of $214.49 million, this company’s outstanding shares have now reached $215.00 million.
Let’s determine the extent of company efficiency that accounts for 14100 employees. In terms of profitability, gross margin is 95.19%, operating margin of 22.88%, and the pretax margin is 23.69%.
Autodesk Inc (ADSK) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Autodesk Inc is 0.24%, while institutional ownership is 89.95%. The most recent insider transaction that took place on Nov 15 ’24, was worth 167,783. In this transaction Director of this company sold 550 shares at a rate of $305.06, taking the stock ownership to the 30,249 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Director proposed sale 550 for $305.06, making the entire transaction worth $167,783.
Autodesk Inc (ADSK) Earnings and Forecasts
As on 10/31/2024, Multinational firm has announced its last quarter scores, in which it reported 2.09 earnings per share (EPS) for the period topping the consensus outlook (set at 1.95) by 0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.56% per share during the next fiscal year.
Autodesk Inc (NASDAQ: ADSK) Trading Performance Indicators
Autodesk Inc (ADSK) is currently performing well based on its current performance indicators. A quick ratio of 0.64 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.60. Likewise, its price to free cash flow for the trailing twelve months is 47.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.04, a number that is poised to hit 2.13 in the next quarter and is forecasted to reach 9.24 in one year’s time.
Technical Analysis of Autodesk Inc (ADSK)
Looking closely at Autodesk Inc (NASDAQ: ADSK), its last 5-days average volume was 2.43 million, which is a jump from its year-to-date volume of 1.59 million. As of the previous 9 days, the stock’s Stochastic %D was 4.33%. Additionally, its Average True Range was 7.77.
During the past 100 days, Autodesk Inc’s (ADSK) raw stochastic average was set at 66.48%, which indicates a significant increase from 7.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.00% in the past 14 days, which was higher than the 27.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $289.47, while its 200-day Moving Average is $252.90. However, in the short run, Autodesk Inc’s stock first resistance to watch stands at $293.34. Second resistance stands at $294.77. The third major resistance level sits at $296.93. If the price goes on to break the first support level at $289.75, it is likely to go to the next support level at $287.59. Should the price break the second support level, the third support level stands at $286.16.
Autodesk Inc (NASDAQ: ADSK) Key Stats
Market capitalization of the company is 63.03 billion based on 215,000K outstanding shares. Right now, sales total 5,497 M and income totals 906,000 K. The company made 1,505 M in profit during its latest quarter, and 282,000 K in sales during its previous quarter.
