Adobe Inc (NASDAQ: ADBE) kicked off on Monday, up 0.24% from the previous trading day, before settling in for the closing price of $367.72. Over the past 52 weeks, ADBE has traded in a range of $332.01-$587.75.
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
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 14.19%. While this was happening, its average annual earnings per share was recorded 10.55%. With a float of $425.13 million, this company’s outstanding shares have now reached $435.00 million.
Considering the fact that the conglomerate employs 30709 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 88.96%, operating margin of 36.29%, and the pretax margin is 36.96%.
Adobe Inc (ADBE) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Adobe Inc is 0.25%, while institutional ownership is 84.37%. The most recent insider transaction that took place on Apr 01 ’25, was worth 1,919,596. Before that another transaction happened on Mar 20 ’25, when Company’s EVP & CFO bought 1,300 for $390.58, making the entire transaction worth $507,758. This insider now owns 29,876 shares in total.
Adobe Inc (ADBE) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 10.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.35% during the next five years compared to 15.54% growth over the previous five years of trading.
Adobe Inc (NASDAQ: ADBE) Trading Performance Indicators
Take a look at Adobe Inc’s (ADBE) current performance indicators. Last quarter, stock had a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.13. Likewise, its price to free cash flow for the trailing twelve months is 17.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.18, a number that is poised to hit 4.97 in the next quarter and is forecasted to reach 22.81 in one year’s time.
Technical Analysis of Adobe Inc (ADBE)
Compared to the last year’s volume of 3.97 million, its volume of 3.23 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 92.97%. Additionally, its Average True Range was 12.33.
During the past 100 days, Adobe Inc’s (ADBE) raw stochastic average was set at 16.21%, which indicates a significant decrease from 93.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.58% in the past 14 days, which was lower than the 43.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $397.68, while its 200-day Moving Average is $476.54. Nevertheless, the first resistance level for the watch stands at $371.55 in the near term. At $374.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $377.96. If the price goes on to break the first support level at $365.14, it is likely to go to the next support level at $361.65. Now, if the price goes above the second support level, the third support stands at $358.73.
Adobe Inc (NASDAQ: ADBE) Key Stats
The company with the Market Capitalisation of 157.11 billion has total of 426,200K Shares Outstanding. Its annual sales at the moment are 21,505 M in contrast with the sum of 5,560 M annual income. Company’s last quarter sales were recorded 5,714 M and last quarter income was 1,811 M.
