Should You Invest in Autodesk Inc (ADSK) Now?

Autodesk Inc (NASDAQ: ADSK) has a higher price-to-earnings ratio of 59.65x compared to its average ratio, The 36-month beta value for ADSK is at 1.43. Analysts have varying views on the stock, with 14 analysts rating it as a “buy,” 5 rating it as “overweight,” 12 as “hold,” and 0 as “sell.”

The public float for ADSK is 214.46M, and currently, shorts hold a 1.44% of that float. The average trading volume for ADSK on December 27, 2024 was 1.40M shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

ADSK) stock’s latest price update

Autodesk Inc (NASDAQ: ADSK)’s stock price has plunge by -0.32relation to previous closing price of 301.23. Nevertheless, the company has seen a 2.54% surge in its stock price over the last five trading sessions. zacks.com reported 2024-12-20 that Five 3D printing stocks have strong revenues and earnings growth potential for 2025 and solid short-term upside. These are: ADSK, NVDA, GE, LHX, CSR.

ADSK’s Market Performance

Autodesk Inc (ADSK) has seen a 2.54% rise in stock performance for the week, with a -5.98% decline in the past month and a 9.85% surge in the past quarter. The volatility ratio for the week is 1.99%, and the volatility levels for the past 30 days are at 2.04% for ADSK. The simple moving average for the past 20 days is -0.23% for ADSK’s stock, with a 16.85% simple moving average for the past 200 days.

Analysts’ Opinion of ADSK

Many brokerage firms have already submitted their reports for ADSK stocks, with Macquarie repeating the rating for ADSK by listing it as a “Outperform.” The predicted price for ADSK in the upcoming period, according to Macquarie is $380 based on the research report published on December 12, 2024 of the current year 2024.

UBS, on the other hand, stated in their research note that they expect to see ADSK reach a price target of $350. The rating they have provided for ADSK stocks is “Buy” according to the report published on December 02nd, 2024.

HSBC Securities gave a rating of “Hold” to ADSK, setting the target price at $290 in the report published on November 29th of the current year.

ADSK Trading at 0.17% from the 50-Day Moving Average

After a stumble in the market that brought ADSK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.06% of loss for the given period.

Volatility was left at 2.04%, however, over the last 30 days, the volatility rate increased by 1.99%, as shares sank -5.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.82% upper at present.

During the last 5 trading sessions, ADSK rose by +2.54%, which changed the moving average for the period of 200-days by +14.27% in comparison to the 20-day moving average, which settled at $300.98. In addition, Autodesk Inc saw 23.33% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ADSK starting from NORRINGTON LORRIE M, who sale 1,778 shares at the price of $305.37 back on Dec 11 ’24. After this action, NORRINGTON LORRIE M now owns 9,981 shares of Autodesk Inc, valued at $542,948 using the latest closing price.

LORRIE NORRINGTON, the Director of Autodesk Inc, proposed sale 1,778 shares at $305.37 during a trade that took place back on Dec 11 ’24, which means that LORRIE NORRINGTON is holding shares at $542,948 based on the most recent closing price.

Stock Fundamentals for ADSK

Current profitability levels for the company are sitting at:

  • 0.22 for the present operating margin
  • 0.91 for the gross margin

The net margin for Autodesk Inc stands at 0.18. The total capital return value is set at 0.23. Equity return is now at value 53.25, with 11.27 for asset returns.

Based on Autodesk Inc (ADSK), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.52. The debt to equity ratio resting at 0.99. The interest coverage ratio of the stock is 48.56.

Currently, EBITDA for the company is 1.22 billion with net debt to EBITDA at 0.82. When we switch over and look at the enterprise to sales, we see a ratio of 11.03. The receivables turnover for the company is 8.48for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.65.

Conclusion

In conclusion, Autodesk Inc (ADSK) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Most Popular

Related Posts