Witnessing the stock’s movement on the chart, on Tuesday, Adobe Inc (NASDAQ: ADBE) set off with pace as it heaved 0.27% to $447.94, before settling in for the price of $446.74 at the close. Taking a more long-term approach, ADBE posted a 52-week range of $432.47-$638.25.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 14.17%. Meanwhile, its Annual Earning per share during the time was 15.54%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 10.91%. This publicly-traded company’s shares outstanding now amounts to $440.20 million, simultaneously with a float of $438.40 million. The organization now has a market capitalization sitting at $197.71 billion. At the time of writing, stock’s 50-day Moving Average stood at $497.90, while the 200-day Moving Average is $511.57.
Adobe Inc (ADBE) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Infrastructure industry. Adobe Inc’s current insider ownership accounts for 0.41%, in contrast to 83.06% institutional ownership. According to the most recent insider trade that took place on Dec 06 ’24, this organization’s Director sold 606 shares at the rate of 550.00, making the entire transaction reach 333,300 in total value, affecting insider ownership by 32,929.
Adobe Inc (ADBE) Earnings and Revenue Records
Adobe Inc’s EPS increase for this current 12-month fiscal period is 10.91% and is forecasted to reach 23.08 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.00% through the next 5 years, which can be compared against the 15.54% growth it accomplished over the previous five years trading on the market.
Adobe Inc (NASDAQ: ADBE) Trading Performance Indicators
Let’s observe the current performance indicators for Adobe Inc (ADBE). It’s Quick Ratio in the last reported quarter now stands at 1.11. The Stock has managed to achieve an average true range (ATR) of 15.07. Alongside those numbers, its PE Ratio stands at $36.13, and its Beta score is 1.30. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.19. Similarly, its price to free cash flow for trailing twelve months is now 30.19.
In the same vein, ADBE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 12.40, a figure that is expected to reach 4.97 in the next quarter, and analysts are predicting that it will be 23.08 at the market close of one year from today.
Technical Analysis of Adobe Inc (ADBE)
Going through the that latest performance of [Adobe Inc, ADBE]. Its last 5-days volume of 5.34 million indicated improvement to the volume of 3.3 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 16.42% While, its Average True Range was 15.16.
Raw Stochastic average of Adobe Inc (ADBE) in the period of the previous 100 days is set at 9.96%, which indicates a major fall in contrast to 12.33% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 62.95% that was higher than 37.34% volatility it exhibited in the past 100-days period.
