Autodesk stock: buy or sell?
May 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?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. 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, therefore 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 gathered 15 ratings published for ADSK stock in the last 30 days. The general sentiment of these ratings is bullish for ADSK stock, with 8 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-3-26||Credit Suisse Group||n/a||Outperform|
Autodesk stock analysis
Autodesk shares dropped -2.13% to $170.61 today.
Autodesk closed today at $170.61 and dropped a tragic -2.13%. Since last March when SMA100d and SMA200d crossed up, ADSK price gained $18.24 per share (11.97%). Since last January when ADSK stock price broke up the SMA200d line, it gained $34.56 (25.40%). On May/1, ADSK hit new all time highs, pushing higher previous ATH of $178.56 recorded on April/29. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Autodesk shares depreciated -2.13% this week, ending at $170.61. Early April ADSK rocketed a super good 6.32% in just one week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $178.95 resistance. Not so far away is the last price record Autodesk marked late April. Since mid March when SMA20w and SMA40w crossed up, ADSK price gained $18.24 per share (11.97%). Since price and SMA40w lines crossed up by mid January, ADSK climbed $33.87 (24.77%).
Autodesk stock price history
Autodesk IPO was on June 28th, 1985 at $0.26 per share1. Since then, ADSK stock surged a 65,519.20%, with an average of 1,985.40% per year. If you had invested right after ADSK's IPO a $1,000 in Autodesk stock in 1985, it would worth $655,192.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Autodesk stock historical price chart
ADSK stock reached all-time highs on May 1st with a price of $178.95.
Autodesk stock price target is $172.70How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 12 price predictions for Autodesk stock published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-3-26||Credit Suisse Group||Raises Target||$175.00||$188.00||7.4%|
|2019-3-1||UBS Group||Raises Target||n/a||$91.00||-|
|2019-3-1||Stifel Nicolaus||Raises Target||$163.00||$185.00||13.5%|
|2019-3-1||Griffin Securities||Raises Target||$175.00||$188.00||7.4%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAutodesk presented nice results for 2019-Q1 on February. Autodesk escalated Earnings per Share (EPS) by 11.10%, beating analysts of $0.18. Autodesk posted $0.20.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2018, last anual sales report draw an outstanding increase of 24.95% to $2,569.80 M dollars. In line, its profit margin (compared to sales) boosted to -3.14%, that is $-80.80 million.
|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 reported $737.30 M in sales for 2019-Q1, a 11.56% up compared to previous quarter. Reported quarter earnings marked $64.70 M with a profit margin of 8.78%. Profit margin skyrocketed a 12.36% compared to previous quarter when profit margin was -3.59%. When comparing sales to same quarter last year, Autodesk sales marked an astounding increase and climbed a 33.13%. Looking back to recent quarterly results, Autodesk posted 7 positive 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 buy shares of a company, it's always worth to overview 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||$37.6 B||$869.4 B||$134.4 B||$15.7 B||$1.0 B|
|Total shares||220.2 M||4,600.0 M||488.0 M||83.9 M||116.7 M|
|Float shares||219.3 M||4,340.0 M||486.4 M||83.3 M||112.2 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%|
|Monday, May 20th, 2019|
|Day range||$168.32 - $172.82|
|Average true range||$5.35|
|50d mov avg||$166.44|
|100d mov avg||$156.32|
|200d mov avg||$147.95|
Autodesk performanceTo measure stock performance is always good to benchmark with competitors or related stocks. For Autodesk, the benchmark is made against Apple, Adobe, ANSYS, 3D Systems, F5 Networks, Nuance Communications, PTC, Red Hat, 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 10 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)
- Red Hat (RHT)
- Synopsys (SNPS)
- Trimble (TRMB)
Latest Autodesk stock news
- 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
- Investors.comNasdaq, S&P 500, Russell 2000 Hit All-Time Highs; Autodesk Soars On EarningsAugust 24, 2018