A new trading day began on Tuesday, with Autodesk Inc (NASDAQ: ADSK) stock price down -0.68% from the previous day of trading, before settling in for the closing price of $304.89. ADSK’s price has ranged from $195.32 to $326.62 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 16.24% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 9.49%. With a float of $214.50 million, this company’s outstanding shares have now reached $215.00 million.
In an organization with 14100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 90.75%, operating margin of 22.01%, and the pretax margin is 22.65%.
Autodesk Inc (ADSK) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Autodesk Inc is 0.23%, while institutional ownership is 90.02%. The most recent insider transaction that took place on Dec 11 ’24, was worth 542,948. In this transaction Director of this company sold 1,778 shares at a rate of $305.37, taking the stock ownership to the 9,981 shares. Before that another transaction happened on Dec 11 ’24, when Company’s Director proposed sale 1,778 for $305.37, making the entire transaction worth $542,948.
Autodesk Inc (ADSK) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.49% per share during the next fiscal year.
Autodesk Inc (NASDAQ: ADSK) Trading Performance Indicators
Here are Autodesk Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.96. Likewise, its price to free cash flow for the trailing twelve months is 49.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.03, a number that is poised to hit 2.14 in the next quarter and is forecasted to reach 9.24 in one year’s time.
Technical Analysis of Autodesk Inc (ADSK)
Let’s dig in a bit further. During the last 5-days, its volume was 1.27 million. That was inferior than the volume of 1.59 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 42.63%. Additionally, its Average True Range was 6.61.
During the past 100 days, Autodesk Inc’s (ADSK) raw stochastic average was set at 77.02%, which indicates a significant increase from 61.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.10% in the past 14 days, which was higher than the 26.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $297.76, while its 200-day Moving Average is $255.69. However, in the short run, Autodesk Inc’s stock first resistance to watch stands at $304.32. Second resistance stands at $305.83. The third major resistance level sits at $308.25. If the price goes on to break the first support level at $300.39, it is likely to go to the next support level at $297.97. Assuming the price breaks the second support level, the third support level stands at $296.46.
Autodesk Inc (NASDAQ: ADSK) Key Stats
With a market capitalization of 65.11 billion, the company has a total of 215,000K Shares Outstanding. Currently, annual sales are 5,497 M while annual income is 906,000 K. The company’s previous quarter sales were 1,570 M while its latest quarter income was 275,000 K.
