NASDAQ:ADSKAutodesk Stock Price, Forecast & News

$202.63

+2.82 (+1.41 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$194.60

Now: $202.63▼

$208.30

50-Day Range

$148.70

MA: $179.90▼

$199.81

52-Week Range

$125.38

Now: $202.63▼

$211.58

Volume3.58 million shs

Average Volume2.04 million shs

Market Capitalization$44.41 billion

P/E Ratio211.08

Dividend YieldN/A

Beta1.6

Autodesk, Inc. operates as a design software and services company worldwide. The company offers AutoCAD, a professional design, drafting, detailing, and visualization software; AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; AutoCAD LT, a professional drafting and detailing software; BIM 360, a construction management cloud-based software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections software products for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment industries. It also provides Inventor tools for 3D mechanical design, simulation, analysis, tooling, visualization, and documentation; Maya and 3ds Max software products that offer 3D modeling, animation, effects, rendering, and compositing solutions; and PlanGrid, a cloud-based field collaboration software, which provides general contractors, subcontractors, owners, and architects access to construction information in real-time. In addition, the company offers Revit software for building information modeling; and Shotgun, a cloud-based software for review and production tracking in the media and entertainment industry. Autodesk, Inc. sells its products and services to customers directly, as well as through distributors and resellers. The company was founded in 1982 and is headquartered in San Rafael, California.

Beat the Market (BTM) Rank^™

2.2 Analyst's Opinion

Consensus Rating
Autodesk has received a consensus rating of Hold. The company's average rating score is 2.48, and is based on 14 buy ratings, 6 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $200.64, Autodesk has a potential downside of 1.0% from its current price of $202.63.
Amount of Analyst Coverage
Autodesk has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Autodesk has received 1,047 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Autodesk has received 844 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Autodesk has received 55.37% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Autodesk and other stocks. Vote “Outperform” if you believe ADSK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ADSK will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Autodesk does not currently pay a dividend.
Dividend Growth
Autodesk does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Autodesk insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,945,756.00 in company stock.
Percentage Held by Insiders
Only 0.14% of the stock of Autodesk is held by insiders.
Percentage Held by Institutions
92.00% of the stock of Autodesk is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Autodesk are expected to grow by 62.73% in the coming year, from $2.71 to $4.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Autodesk is 211.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.85.
Price to Earnings Ratio vs. Sector
The P/E ratio of Autodesk is 211.08, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.83.
Price to Earnings Growth Ratio
Autodesk has a PEG Ratio of 1.70. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

1.58 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryApplication Software

SectorComputer and Technology

Current SymbolNASDAQ:ADSK

Previous Symbol

CUSIP05276910

CIK769397

Webwww.autodesk.com

Phone415-507-5000

Debt

Debt-to-Equity RatioN/A

Current Ratio0.83

Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio211.08

Forward P/E Ratio74.77

P/E Growth1.7

Sales & Book Value

Annual Sales$3.27 billion

Price / Sales13.56

Cash Flow$2.13 per share

Price / Cash Flow94.99

Book Value($0.63) per share

Price / Book-321.63

Profitability

EPS (Most Recent Fiscal Year)$1.50

Net Income$214.50 million

Net Margins6.55%

Return on Equity-165.74%

Return on Assets5.95%

Miscellaneous

Employees10,100

Outstanding Shares219,184,000

Market Cap$44.41 billion

Next Earnings Date8/25/2020 (Estimated)

OptionableOptionable

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Autodesk (NASDAQ:ADSK) Frequently Asked Questions

How has Autodesk's stock been impacted by COVID-19 (Coronavirus)?

Autodesk's stock was trading at $154.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ADSK stock has increased by 31.2% and is now trading at $202.63. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Autodesk?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Autodesk in the last year. There are currently 3 sell ratings, 6 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Autodesk.

When is Autodesk's next earnings date?

Autodesk is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Autodesk.

How were Autodesk's earnings last quarter?

Autodesk, Inc. (NASDAQ:ADSK) announced its earnings results on Wednesday, May, 27th. The software company reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.05. The software company earned $866 million during the quarter, compared to analyst estimates of $867.96 million. Autodesk had a negative return on equity of 165.74% and a net margin of 6.55%. The firm's quarterly revenue was up 17.7% on a year-over-year basis. During the same period last year, the company earned $0.45 EPS. View Autodesk's earnings history.

What guidance has Autodesk issued on next quarter's earnings?

Autodesk issued an update on its FY21 earnings guidance on Wednesday, May, 27th. The company provided EPS guidance of $3.52-$3.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.96. The company issued revenue guidance of $3.675-$3.775 billion, compared to the consensus revenue estimate of $3.74 billion.

What price target have analysts set for ADSK?

23 Wall Street analysts have issued 1 year price objectives for Autodesk's stock. Their forecasts range from $143.00 to $240.00. On average, they expect Autodesk's share price to reach $200.64 in the next year. This suggests that the stock has a possible downside of 1.0%. View analysts' price targets for Autodesk.

What are Wall Street analysts saying about Autodesk stock?

Here are some recent quotes from research analysts about Autodesk stock:

1. According to Zacks Investment Research, "Autodesk’s fourth-quarter fiscal 2020 results benefited from higher subscription revenues, gross margin expansion and lower operating expenses. Also, rapid adoption of BIM 360 products and success of the maintenance to subscription (M2S) program drove revenues. We believe higher demand for Autodesk’s cloud-based products, mobile solutions and design suites will drive the top line over the long haul. However, sluggish growth in Maintenance revenues due to the continued migration of maintenance plan subscriptions to subscription plan hurt top-line growth. Moreover, weakening demand environment in the United Kingdom and Central Europe (sluggish Germany) is expected to hurt profits. A slowing China economy and unfavorable currency in the rest of fiscal 2020 are headwinds. Shares have underperformed the industry in a year’s time." (3/6/2020)
2. Evercore ISI analysts commented, "We attended Autodesk’s construction conference yesterday in San Francisco. We walked away further encouraged that the construction opportunity is a secular growth driver for the company. Though the area is nascent, the conference reinforced that there is considerable customer interest in digitizing the construction process. The company has made significant progress in building out its portfolio of construction solutions, in our view. We believe there is room for additional technical integrations which should further the construction opportunity for the company, in our opinion. See below / within for more on the construction opportunity. Compelling customer view. Autodesk’s construction conference was moderated by Don Henrich, VP ACS Field Operations, formerly Systems (acquired by ADSK)." (6/5/2019)

Has Autodesk been receiving favorable news coverage?

Headlines about ADSK stock have trended somewhat negative recently, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Autodesk earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave news headlines about the software company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term. View the latest news aboutAutodesk.

Are investors shorting Autodesk?

Autodesk saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 3,620,000 shares, a drop of 6.7% from the March 31st total of 3,880,000 shares. Based on an average trading volume of 2,380,000 shares, the short-interest ratio is currently 1.5 days. Approximately 1.7% of the shares of the stock are sold short. View Autodesk's Current Options Chain.

Who are some of Autodesk's key competitors?

Some companies that are related to Autodesk include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Workday (WDAY), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), Guidewire Software (GWRE) and Pegasystems (PEGA). View all competitors.

What other stocks do shareholders of Autodesk own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Autodesk investors own include NVIDIA (NVDA), Adobe (ADBE), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), salesforce.com (CRM), Advanced Micro Devices (AMD), Paypal (PYPL), Visa (V) and Intel (INTC).

Who are Autodesk's key executives?

Autodesk's management team includes the following people:

Dr. Andrew Anagnost, Pres, CEO & Director (Age 54)
Mr. Richard Scott Herren, Sr. VP & CFO (Age 57)
Dr. Pascal W. Di Fronzo, Sr. VP of Corp. Affairs, Chief Legal Officer & Corp. Sec. (Age 54)
Mr. Steven M. Blum, Sr. VP of Worldwide Field Operations (Age 53)
John Walker, Founder

What is Autodesk's stock symbol?

Autodesk trades on the NASDAQ under the ticker symbol "ADSK."

Who are Autodesk's major shareholders?

Autodesk's stock is owned by a number of retail and institutional investors. Top institutional investors include Capital Research Global Investors (6.76%), Loomis Sayles & Co. L P (4.81%), Capital World Investors (4.08%), State Street Corp (4.01%), Clearbridge Investments LLC (2.15%) and Lone Pine Capital LLC (1.84%). Company insiders that own Autodesk stock include Andrew Anagnost, Betsy Rafael, Carmel Galvin, Crawford W Beveridge, Fronzo Pascal W Di, Karen Blasing, Lorrie M Norrington, Richard Scott Herren, Stephen W Hope and Steven M Blum. View institutional ownership trends for Autodesk.

Which institutional investors are selling Autodesk stock?

ADSK stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Clearbridge Investments LLC, TPG Group Holdings SBS Advisors Inc., Darsana Capital Partners LP, Two Sigma Advisers LP, Loomis Sayles & Co. L P, Raymond James & Associates, and Fred Alger Management LLC. Company insiders that have sold Autodesk company stock in the last year include Andrew Anagnost, Betsy Rafael, Carmel Galvin, Crawford W Beveridge, Fronzo Pascal W Di, Karen Blasing, Richard Scott Herren, and Stephen W Hope. View insider buying and selling activity for Autodesk.

Which institutional investors are buying Autodesk stock?

ADSK stock was bought by a variety of institutional investors in the last quarter, including Polen Capital Management LLC, Capital Research Global Investors, Sumitomo Mitsui Trust Holdings Inc., Lone Pine Capital LLC, Zurich Insurance Group Ltd FI, Nuveen Asset Management LLC, Parnassus Investments CA, and Fisher Asset Management LLC. View insider buying and selling activity for Autodesk.

How do I buy shares of Autodesk?

Shares of ADSK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Autodesk's stock price today?

One share of ADSK stock can currently be purchased for approximately $202.63.

How big of a company is Autodesk?

Autodesk has a market capitalization of $44.41 billion and generates $3.27 billion in revenue each year. The software company earns $214.50 million in net income (profit) each year or $1.50 on an earnings per share basis. Autodesk employs 10,100 workers across the globe.

What is Autodesk's official website?

The official website for Autodesk is www.autodesk.com.

How can I contact Autodesk?

Autodesk's mailing address is 111 MCINNIS PKWY, SAN RAFAEL CA, 94903. The software company can be reached via phone at 415-507-5000 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff