Autodesk, Inc. (NASDAQ:ADSK) VP Paul D. Underwood sold 2,089 shares of the company’s stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $139.21, for a total value of $290,809.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Autodesk, Inc. (NASDAQ ADSK) traded down $0.99 during trading hours on Monday, hitting $138.37. The company’s stock had a trading volume of 2,109,333 shares, compared to its average volume of 2,531,736. The stock has a market capitalization of $30,710.00, a P/E ratio of -53.63, a P/E/G ratio of 89.33 and a beta of 1.82. Autodesk, Inc. has a 12-month low of $82.70 and a 12-month high of $141.19. The company has a current ratio of 0.88, a quick ratio of 1.07 and a debt-to-equity ratio of -6.20.
Autodesk (NASDAQ:ADSK) last posted its earnings results on Tuesday, March 6th. The software company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.02. The firm had revenue of $554.00 million for the quarter, compared to the consensus estimate of $544.74 million. Autodesk had a negative return on equity of 206.64% and a negative net margin of 27.57%. The business’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.28) earnings per share. equities analysts forecast that Autodesk, Inc. will post 0.06 earnings per share for the current year.
ADSK has been the topic of several research analyst reports. Guggenheim upgraded Autodesk from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a research note on Monday, November 13th. Royal Bank of Canada reiterated a “buy” rating on shares of Autodesk in a research note on Wednesday, November 15th. Evercore ISI set a $135.00 price objective on Autodesk and gave the company a “buy” rating in a research note on Wednesday, November 15th. Canaccord Genuity reiterated a “buy” rating and issued a $140.00 price objective (up previously from $125.00) on shares of Autodesk in a research note on Thursday, November 16th. Finally, KeyCorp reiterated an “overweight” rating and issued a $136.00 price objective (up previously from $127.00) on shares of Autodesk in a research note on Thursday, November 16th. Four investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $139.76.
Autodesk Company Profile
Autodesk, Inc is a design software and services company, offering customers productive business solutions through technology products and services. The Company’s segments include Architecture, Engineering and Construction (AEC), Platform Solutions and Emerging Business (PSEB), Manufacturing (MFG), and Media and Entertainment (M&E).
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