Adobe Inc. kicked off the trading day on 08/22/19 with a price decrease of -1.32%, equivalent to -$3.84 relative change for the day. Taking a more long-term approach, ADBE had a 52-week range of $204.95 to $313.11. At the time of this article’s publishing, this stock is trading at $287.69 after starting the trading session at $292.57. Moving on, the stock has demonstrated a 52-week change amounting to 18.84, alongside an S&P500 52-Week Change of 11.44. At the time of writing, this stock’s 50-day Moving Average stands at $296.59, while the 200-day Moving Average of this stock is currently $265.86.
Currently, this company’s share volume is sitting at $1,738,908, but has maintained average daily volume of $2.50M. This stock has generated an average Year to Date volume of $2.68 million, alongside an average 20-day volume of $2.33 million. This publicly-traded company’s shares outstanding now amounts to $487.54 million, simultaneously with a float of $483.66 million. The organization now has a market capitalization sitting at $140.26 billion.
Adobe Inc.(ADBE) Ownership Data
Now let’s turn our focus to how large-scale investors are behaving with this stock. Adobe Inc.’s current insider ownership accounts for 0.10%, in contrast to 89.80% institutional ownership. According to the most recent latest insider trade that took place on Jul 30 this organization’s EVP, Gen. Counsel & Secretary sold 2,832 at the rate of 303.36, making the entire transaction hit 859,114 in total value, affecting insider ownership by 17,198. Preceding that transaction, on Jul 17 Company’s EVP, Chief Marketing Officer sold 3,000 at a price of 307.13, making the whole transaction’s value amount to 921,390. This particular insider is now the holder of 55,598 in total.
If we take a glance at the Ownership summary of Adobe Inc.’s stock, 1,627 Institutional holders make up 88.12% of its total stock ownership. All together, they are the legal holders of 427,764,809 shares, which are valued at about $122,216,683,579 in total. If we focus on the top 3 stockholders for this publicly-traded organization, VANGUARD GROUP INC owns 38.05 million shares, with FMR LLC in 2nd place owning 36.41 million shares and BLACKROCK INC. in third place with total ownership of 33.73 million shares.
Adobe Inc. (ADBE) Earnings and Revenue Data
In the latest quarterly report that this company released, which was put into the public domain on May-19, the organization reported $1.83 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $1.78) by $0.05.
The corporation racked up revenue of $2,580.00million for the previous financial quarter, compared to the mean analyst estimate of $2,547.48 million. This company achieved a net margin of 26.25 while generating a return on equity of 28.37. Adobe Inc.’s full-quarter revenue increased by 25.0%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.97 per share during the current fiscal year.
Adobe Inc.’s EPS increase for this current 12-month fiscal period is 65.00%, and is forecasted to reach 24.80% in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 23.10% through the next 5 years, which can be compared against the 58.10% growth it accomplished over the previous five years trading on the market.
Additional Trading Performance Indicators
Now turning our attention to the current performance indicators for Adobe Inc., this organization’s Quick Ratio in the last reported quarter now stands at 0.70. The company has managed to achieve an average true range (ATR) of 6.94. Alongside those, its PE Ratio stands at $53.09, and its Beta score is 1.11.
Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 13.89 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 36.44. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 14.12, whereas its price to cash per share for the last quarter landed at 7.14.
In the same vein, ADBE’s Diluted EPS (Earnings per Share) trailing twelve months was posted at 5.42, a figure that is expected to reach 1.97 in the next reported quarter, and analysts expect it will be 24.80% at the market close of one year from today’s date.