134.60 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||134.55 x 100|
|Ask||139.85 x 500|
|Day's range||133.89 - 136.29|
|52-week range||82.70 - 141.26|
|PE ratio (TTM)||N/A|
|Earnings date||16 May 2018 - 21 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||144.19|
Autodesk • ADSK-Nasdaq Buy • Price $119.87 on March 6 by Canaccord Genuity The maker of a wide range of design, marketing, rendering, and visualization applications returned to form with a solid quarter across pretty much all key metrics. The fact that its stock price had meandered in purgatory for just over three months during a roaring software bull market makes Autodesk a value in a sea of relatively expensive software stocks. The broader and longer-term question is whether Autodesk’s fundamentals are back on track.
IBM (IBM) and software maker Autodesk (ADSK) are among those that have taken a page from hipper, younger names such as Salesforce.com (CRM), the cloud-computing darling. For example, last Tuesday, Autodesk reported quarterly revenue that was slightly better than expected and forecast lower revenue for the next quarter and year. The immediate reaction was a 9% surge in the stock after hours, and a 15% rise during the next day’s session.
Autodesk stock received price-target increases from at least seven Wall Street analysts, all of whom rate it buy.
The S&P 500 ended slightly lower after Wednesday's volatile session as investors struggled to get a read on U.S. trade policy after President Donald Trump promised hefty import tariffs but then said Mexico and Canada could be exempt. After falling as much as 0.97 percent, the S&P regained ground after the White House appeared to add exceptions to its stated plan to slap import tariffs of 25 percent on steel and 10 percent on aluminum.
Autodesk rose $17.83, or 14.9%, to $137.70. The design software giant's gains come on the heels of its upbeat results and lower expected tax rate. Autodesk has added 31.4% in 2018, and is up 66% in the past 12 months.
The Dow Jones industrial average is getting hit hard again amid increased concern of how U.S. tariffs could trigger a trade war. The Nasdaq still outperforms.
Shares of Autodesk Inc. are up 12.5% Wednesday and trading at record-high levels after the software company reported better-than-expected quarterly earnings late Tuesday. Many analysts praised the results, ...
Here are the charts of the day for Wednesday March 7, 2018 Autodesk (ADSK): Shares are soaring in early trade. The software firm beat on both the top and bottom lines, but guidance was light. Urban Outfitters (URBN): Shares are dropping in midday trading. Despite an earnings and revenue beat, investors were not happy as gross margins fell more than expected. The retailer cited delivery and logistics expenses. Netflix (NFLX): Shares are slipping in early trading. A rare bit of analyst skepticism for Netflix, as Stifel downgraded shares to Hold, citing valuation concerns. ...
Here are some things going on today in your world of tech: Shares of Broadcom (AVGO) are down $3.23, or 1.3%, at $247.73, this morning, after it issued a statement saying if it takes over Qualcomm (QCOM), it will “focus” the company’s R&D efforts to “accelerate innovation and R&D,” and to “create a stronger combined American company.” The one-page release comes after Qualcomm’s publication yesterday of a letter from the U.S. Treasury Department that cast aspersions upon Broadcom’s style of business, claiming Broadcom takes a “private equity-style direction” that involves reducing investment. In other Broadcom news, The New York Post’s Carleton English and Josh Kosman wrote late yesterday that Broadcom has told a Qualcomm shareholder the company is “accelerating its plans to re-domicile to the U.S.,” intending to complete the change by sometime in April, versus an original expectations for “mid-May,” without citing sources.
Autodesk's (ADSK) fourth-quarter fiscal 2018 results benefit from strong product subscriptions and growing maintenance to subscription program.
The San Rafael, California-based company said it had a loss of 79 cents per share. Losses, adjusted for one-time gains and costs, were 9 cents per share. The results surpassed Wall Street expectations. ...
Shares of design software titan Autodesk (ADSK) are up $13.01, almost 11%, at $132.88, in late trading, after the company this afternoon reported fiscal Q4 revenue and profit that beat analysts’ expectations, though it forecast this quarter’s results, and the full year, below consensus, although the outlook was affected by the company’s adopting the new accounting proclamation, “ASC 606,” which depresses reported revenue in a period. The total ARR, it said rose 25% to $2.05 billion, just ahead of FactSet consensus for $2.02 billion. Its recurring revenue was 93% of total revenue in the quarter, it said, up from 86% a year earlier.
Autodesk Inc. shares shot up in the extended session Tuesday after the company beat Wall Street earnings and revenue expectations. Autodesk shares jumped 9.2% after hours. The company reported fourth-quarter ...
Earnings from Target and H&R Block will be highlights on Tuesday as talk of potential tariffs from the Trump administration will remain front and center for investors.
Autodesk (ADSK) fiscal fourth-quarter 2018 results are likely to benefit from the company's broad product portfolio and accelerating subscription base.
Autodesk Inc. Chief Executive Officer Andrew Anagnost said there’s not a lot of long-term benefits for the company in the Trump administration’s tax reforms.