A new trading day began on Friday, with Adobe Inc (NASDAQ: ADBE) stock price down -1.88% from the previous day of trading, before settling in for the closing price of $474.63. ADBE’s price has ranged from $433.97 to $638.25 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 14.17% over the last five years. Meanwhile, its annual earnings per share averaged 10.95%. With a float of $438.40 million, this company’s outstanding shares have now reached $440.20 million.
The firm has a total of 29945 workers. Let’s measure their productivity. In terms of profitability, gross margin is 88.64%, operating margin of 36.0%, and the pretax margin is 32.23%.
Adobe Inc (ADBE) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Adobe Inc is 0.41%, while institutional ownership is 83.08%. The most recent insider transaction that took place on Dec 06 ’24, was worth 333,300. In this transaction Director of this company sold 606 shares at a rate of $550.00, taking the stock ownership to the 32,929 shares. Before that another transaction happened on Dec 06 ’24, when Company’s Director proposed sale 606 for $538.22, making the entire transaction worth $326,161.
Adobe Inc (ADBE) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 15.54% growth over the previous five years of trading.
Adobe Inc (NASDAQ: ADBE) Trading Performance Indicators
Here are Adobe Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.35. Likewise, its price to free cash flow for the trailing twelve months is 30.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.40, a number that is poised to hit 4.97 in the next quarter and is forecasted to reach 23.07 in one year’s time.
Technical Analysis of Adobe Inc (ADBE)
Analysing the last 5-days average volume posted by the [Adobe Inc, ADBE], we can find that recorded value of 8.36 million was better than the volume posted last year of 3.23 million. As of the previous 9 days, the stock’s Stochastic %D was 32.72%. Additionally, its Average True Range was 17.24.
During the past 100 days, Adobe Inc’s (ADBE) raw stochastic average was set at 6.79%, which indicates a significant decrease from 8.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.37% in the past 14 days, which was higher than the 37.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $505.03, while its 200-day Moving Average is $515.35. Now, the first resistance to watch is $474.80. This is followed by the second major resistance level at $483.91. The third major resistance level sits at $492.91. If the price goes on to break the first support level at $456.69, it is likely to go to the next support level at $447.69. Now, if the price goes above the second support level, the third support stands at $438.58.
Adobe Inc (NASDAQ: ADBE) Key Stats
With a market capitalization of 201.14 billion, the company has a total of 440,200K Shares Outstanding. Currently, annual sales are 19,409 M while annual income is 5,428 M. The company’s previous quarter sales were 5,408 M while its latest quarter income was 1,684 M.
