Autodesk stock: buy or sell?
September 20th, 2019
Autodesk, Inc. operates as a design software and services company worldwide. It operates through Architecture, Engineering, and Construction; Manufacturing; Platform Solutions and Emerging Business; and Media and Entertainment segments.
Should I buy Autodesk stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Autodesk stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Autodesk stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 15 ratings published for ADSK stock in the last 30 days. The general sentiment of these ratings is bullish for ADSK stock, with 10 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-28||Wells Fargo & Co||n/a||Buy|
|2019-8-28||Royal Bank of Canada||Outperform||Positive|
|2019-8-28||JPMorgan Chase & Co.||n/a||Neutral|
|2019-8-28||Credit Suisse Group||n/a||Outperform|
|2019-8-28||Bank of America||Neutral||Underperform|
Autodesk stock analysis
Shares of Autodesk ended today at $153.34 and remained constant a tight -0.03%.
On May, ADSK hit new all time highs, pushing higher previous ATH of $48.16 recorded early November. New ATHs are usual entry points for many trading setups as there aren't higher resistences. Shares of Autodesk ended today at $153.34 and remained constant a tight -0.03%. Since last September 13th when ADSK stock price broke down the SMA200d line, it slid $-2.35 per share (-1.51%). ADSK is retaking the upward trend marking a new rising bottom heading to break out over $159.88.
Autodesk ended this week at $153.34 and remained stable a neutral -0.09%. Early September ADSK skyrocketed a cool 5.01% in just one week. By mid August ADSK plunged a terrible -5.00% in just one week.
Since late July, when ADSK stock price broke down the 40-weeks moving avarage line, it slid $-14.65 per share (-8.72%). Stocks under the 200d moving average line are usually not recommended for average traders. Far behind is the all-time high Autodesk recorded late April and since then the price is -14.31% below that top. Since mid March when SMA20w and SMA40w crossed up, ADSK price gained $0.97 per share (0.64%).
Autodesk stock price history
Autodesk IPO was on June 28th, 1985 at $0.45 per share1. Since then, ADSK stock grew a 33,975.60%, with an average of 999.30% per year. If you had invested right after ADSK's IPO a $1,000 in Autodesk stock in 1985, it would worth $339,756.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Autodesk stock historical price chart
ADSK stock reached all-time highs on May with a price of $178.95.
Autodesk stock price target is $173.20How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 13 price targets for Autodesk stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-28||Stifel Nicolaus||Lowers Target||$185.00||$160.00||-13.5%|
|2019-8-28||Royal Bank of Canada||Lowers Target||n/a||$175.00||-|
|2019-8-28||JPMorgan Chase & Co.||Lowers Target||$165.00||$160.00||-3%|
|2019-8-28||Griffin Securities||Lowers Target||$193.00||$184.00||-4.7%|
|2019-8-28||Credit Suisse Group||Reiterates||$188.00||$175.00||-6.9%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAutodesk reported good results for 2019-Q1 on February. Autodesk soared Earnings per Share (EPS) by 11.10%, beating experts of $0.18. Autodesk posted $0.20.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2019, Autodesk annual sales skyrocketed a super good 24.95% to $2,569.80 million USD from $2,056.60 marked in 2018. When comparing 2019 vs 2018, similarly, profit margin (that is, the net income divided by revenues) rocketed a 24.42% to -3.14%.
|2014||$2,260 M||-||$229 M10.1%||-|
|2014||$2,500 M||10.62%||$82 M3.3%||-64.25%|
|2015||$2,512 M||0.49%||$82 M3.3%||0.00%|
|2015||$2,460 M||-2.08%||$-330.50 M-13.4%||-504.03%|
|2016||$2,504 M||1.79%||$-330.50 M-13.2%||0.00%|
|2016||$2,020 M||-19.33%||$-582.10 M-28.8%||76.13%|
|2017||$2,031 M||0.54%||$-582.10 M-28.7%||0.00%|
|2017||$2,050 M||0.94%||$-566.90 M-27.7%||-2.61%|
|2018||$2,057 M||0.32%||$-566.90 M-27.6%||0.00%|
|2019||$2,570 M||24.95%||$-80.80 M-3.1%||-85.75%|
Quarterly financial resultsAutodesk posted $737.30 M in revenues for 2019-Q1, a 11.56% up compared to previous quarter. Reported quarter income marked $64.70 M with a profit margin of 8.78%. Profit margin boosted a 12.36% compared to previous quarter when profit margin was -3.59%. When comparing revenues to same quarter last year, Autodesk sales marked an astounding growth and skyrocketed a 33.13%. Looking back to recent quarterly results, Autodesk posted 7 negative quarters in a row.
|2017-Q2||$484 M||-||$-129.60 M-26.8%||-|
|2017-Q3||$499 M||3.16%||$-144.00 M-28.9%||11.11%|
|2017-Q4||$515 M||3.27%||$-119.80 M-23.2%||-16.81%|
|2018-Q1||$554 M||7.47%||$-173.50 M-31.3%||44.82%|
|2018-Q2||$560 M||1.10%||$-82.40 M-14.7%||-52.51%|
|2018-Q3||$612 M||9.25%||$-39.40 M-6.4%||-52.18%|
|2018-Q4||$661 M||8.04%||$-23.70 M-3.6%||-39.85%|
|2019-Q1||$737 M||11.56%||$64.70 M8.8%||-373.00%|
Autodesk ownershipWhen you are planning to invest in a company, it's always worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Autodesk, 0.17% of all outstanding shares are owned by its staff.
Bearish positions for ADSK stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Autodesk:
|Market cap||$33.7 B||$998.7 B||$134.9 B||$18.4 B||$985.4 M|
|Total shares||219.6 M||4,520.0 M||485.4 M||84.1 M||118.2 M|
|Float shares||219.2 M||4,260.0 M||483.7 M||83.4 M||113.5 M|
|- Institutional holdings (%)||98.7%||61.0%||88.9%||98.2%||69.9%|
|- Insider holdings (%)||0.2%||0.1%||0.3%||1.2%||4.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$151.43 - $154.26|
|Average true range||$4.14|
|50d mov avg||$153.95|
|100d mov avg||$160.73|
|200d mov avg||$155.62|
Autodesk performanceTo better understand Autodesk performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Autodesk performance to Apple, Adobe, ANSYS, 3D Systems, F5 Networks, Nuance Communications, PTC, Synopsys and Trimble:
Autodesk competitorsOne check before investing in any stock is to review a list of its competitors, in this case for Autodesk. We picked 9 companies as Autodesk competitors as they are in the same industry or have similar market objectives.
- Apple (AAPL)
- Adobe (ADBE)
- ANSYS (ANSS)
- 3D Systems (DDD)
- F5 Networks (FFIV)
- Nuance Communications (NUAN)
- PTC (PTC)
- Synopsys (SNPS)
- Trimble (TRMB)
Latest Autodesk stock news
- Seeking AlphaAutodesk: Buy Some Now, Some LaterJuly 29, 2019
- Seeking AlphaWhat Makes Autodesk A Strong BuyMarch 7, 2019
- Investors.comStocks Today: Autodesk Soars On Earnings; Microsoft Leads Dow JonesNovember 21, 2018
- InvestorPlaceADSK Stock: 8 Things to Know About Autodesk EarningsNovember 20, 2018
- InvestorPlaceIs Autodesk Stock Still A Buy At New Highs? 3 Pros, 3 ConsAugust 29, 2018