Autodesk Inc (NASDAQ: ADSK) is -3.35% lower on its value in year-to-date trading and has touched a low of $195.32 and a high of $326.62 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ADSK stock was last observed hovering at around $283.72 in the last trading session, with the day’s gains setting it 1.95%.
Currently trading at $285.67, the stock is -4.65% and -4.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing 0.69% at the moment leaves the stock 6.16% off its SMA200. ADSK registered 11.07% gain for a year compared to 6-month gain of 11.91%.
The stock witnessed a -4.48% loss in the last 1 month and extending the period to 3 months gives it a -9.43%, and is -4.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.33% over the week and 2.30% over the month.
Autodesk Inc (ADSK) has around 14100 employees, a market worth around $61.42B and $5.94B in sales. Current P/E ratio is 56.75 and Fwd P/E is 30.89. Profit margin for the company is 18.36%. Distance from 52-week low is 46.26% and -12.54% from its 52-week high. The company has generated returns on investments over the last 12 months (22.57%).
The EPS is expected to grow by 9.49% this year
The shares outstanding are 215.00M, and float is at 214.48M with Short Float at 1.15%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.92 million shares valued at $$4.93 billion. The investor’s holdings represent 9.2636 of the ADSK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.44 million shares valued at $$4.81 billion to account for 9.0421 of the shares outstanding. The other top investors are STATE STREET CORP which holds 9.52 million shares representing 4.4072 and valued at over $$2.36 billion, while LOOMIS SAYLES & CO L P holds 2.8682 of the shares totaling 6.2 million with a market value of $$1.53 billion.
Autodesk Inc (ADSK) Insider Activity
The most recent transaction is an insider sale by NORRINGTON LORRIE M, the company’s Director. SEC filings show that NORRINGTON LORRIE M sold 1,778 shares of the company’s common stock on Dec 11 ’24 at a price of $305.37 per share for a total of $0.54 million. Following the sale, the insider now owns 9981.0 shares.
Still, SEC filings show that on Dec 06 ’24, NORRINGTON LORRIE M (Director) disposed off 1,778 shares at an average price of $305.92 for $0.54 million. The insider now directly holds 11,759 shares of Autodesk Inc (ADSK).
