In the past week, ADSK stock has gone up by 3.49%, with a monthly gain of 2.54% and a quarterly surge of 3.90%. The volatility ratio for the week is 1.58%, and the volatility levels for the last 30 days are 1.86% for Autodesk Inc The simple moving average for the last 20 days is 2.32% for ADSK stock, with a simple moving average of 15.75% for the last 200 days.
Is It Worth Investing in Autodesk Inc (NASDAQ: ADSK) Right Now?
Autodesk Inc (NASDAQ: ADSK) has a higher price-to-earnings ratio of 59.81x compared to its average ratio. ADSK has 36-month beta value of 1.43. Analysts have mixed views on the stock, with 14 analysts rating it as a “buy,” 6 as “overweight,” 12 as “hold,” and 0 as “sell.”
The public float for ADSK is 214.47M, and currently, short sellers hold a 1.36% ratio of that float. The average trading volume of ADSK on January 24, 2025 was 1.45M shares.
ADSK) stock’s latest price update
The stock of Autodesk Inc (NASDAQ: ADSK) has decreased by -0.12 when compared to last closing price of 301.45. Despite this, the company has experienced a 3.49% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-23 that Giant Spoon to lead Autodesk’s brand and creative efforts as the company enters a new wave of redefining the Design and Make industries. SAN FRANCISCO, Jan. 23, 2025 /PRNewswire/ — Autodesk, the world’s leading Design and Make technology company, has named Giant Spoon its first-ever creative agency of record—marking a significant step in its brand evolution.
Analysts’ Opinion of ADSK
Many brokerage firms have already submitted their reports for ADSK stocks, with Piper Sandler repeating the rating for ADSK by listing it as a “Overweight.” The predicted price for ADSK in the upcoming period, according to Piper Sandler is $357 based on the research report published on January 08, 2025 of the current year 2025.
Macquarie, on the other hand, stated in their research note that they expect to see ADSK reach a price target of $380. The rating they have provided for ADSK stocks is “Outperform” according to the report published on December 12th, 2024.
UBS gave a rating of “Buy” to ADSK, setting the target price at $350 in the report published on December 02nd of the previous year.
ADSK Trading at 0.07% 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 -7.82% of loss for the given period.
Volatility was left at 1.86%, however, over the last 30 days, the volatility rate increased by 1.58%, as shares surge +0.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.45% lower at present.
During the last 5 trading sessions, ADSK rose by +3.49%, which changed the moving average for the period of 200-days by +23.02% in comparison to the 20-day moving average, which settled at $294.27. In addition, Autodesk Inc saw 1.86% 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 11.06. 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
To put it simply, Autodesk Inc (ADSK) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as 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.
