Autodesk stock: buy or sell?
May 27th, 2020
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?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Having a trading plan 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.
Currently, Autodesk stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|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?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't find any rating for ADSK stock for the last 30 days.
Autodesk stock analysis
Autodesk shares remained stable 0.14% to $199.81 today.
Autodesk shares remained stable 0.14% to $199.81 today. Since last April 14th when ADSK stock price broke up the SMA200d line, it gained $38.89 (24.17%). Since SMA100d and SMA200d crossed up on January, ADSK price climbed $1.21 per share (0.61%). On February, ADSK hit new all time highs, pushing higher previous ATH of $211.18 recorded on February. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
After boosting an amazing 7.69% in a week last week, Autodesk closed this week at $199.81 and grew a good 2.06%.
Price finally broke over the resistance at $189.86 and continued climbing. Not so far away is the last price record Autodesk marked by mid February. Since price and SMA40w lines crossed up by mid April, ADSK climbed $34.91 (21.17%). Since SMA20d and SMA40w crossed up by mid January, ADSK price climbed $7.45 per share (3.87%).
Autodesk stock price history
Autodesk IPO was on June 28th, 1985 at $0.00 per share1. Since then, ADSK stock surged a inf%, with an average of inf% per year. If you had invested right after ADSK's IPO a $1,000 in Autodesk stock in 1985, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
Autodesk stock historical price chart
ADSK stock reached all-time highs on February with a price of $211.58.
Autodesk stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price target for Autodesk stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAutodesk reported decent results for 2019-Q1 . Autodesk jumped Earnings per Share (EPS) by 11.10%, beating experts consensus of $0.18. Autodesk posted $0.20.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2019, Autodesk annual sales boosted an astounding 24.95% to $2,569.80 M dollars from $2,056.60 marked in 2018. When comparing 2019 vs 2018, similarly, profit margin (that is, the net income divided by revenues) skyrocketed 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 sales for 2019-Q1, a 11.56% up compared to previous quarter. Reported quarter earnings marked $64.70 million with a profit margin of 8.78%. Profit margin rocketed 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 outstanding gain 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 buy a stock, it's worth to have a look its ownership structure.
Autodesk shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.15% of all shares.
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||$43.9 B|
|Total shares||219.5 M|
|Float shares||219.1 M|
|- Institutional holdings (%)||97.7%|
|- Insider holdings (%)||0.1%|
|Shares in short selling||0.0%|
|Wednesday, May 27th, 2020|
|Day range||$192.51 - $199.81|
|Average true range||$6.34|
|50d mov avg||$170.32|
|100d mov avg||$180.55|
|200d mov avg||$169.02|
Autodesk performanceTo measure stock performance is always good to benchmark with competitors or related stocks. We selected as the bechmarking frame for Autodesk stock.
Autodesk competitorsUnfortunately, we could not find any public company that could be defined as Autodesk competitor. This doesn't mean Autodesk does not have any competitor in the market, it's just we could not detected it.
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