Autodesk stock: buy or sell?
July 16th, 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?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. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
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?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we detected 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 ended today at $171.01 and slightly fell a fatal -1.55%.
Autodesk shares slightly fell -1.55% to $171.01 today. From a daily perspective, ADSK is in a short term uptrend after plotting its last bottom ($168.26, on Jul 9th) higher than the previous bottom, and its last top ($175.28, on Wednesday) also over the previous top. Now trading in between its last bottom and last top ADSK might consolidate in a plain range, waiting to break out over $175.28 or down under $168.26. Since SMA100d and SMA200d crossed up on March, ADSK price climbed $18.64 per share (12.23%). Since last July 1st when ADSK stock price broke up the SMA100d line, it gained $8.11 (4.98%). On May, ADSK hit a new all time high, pushing higher than on April tops. Check different trading setups that use ATHs as triggers.
Shares of Autodesk declined a rough -1.83% this week. Early July ADSK boosted an impressive 5.42% in just one week.
Having descending tops is not good news for traders invested in Autodesk. Although it's only a warning signal, investors should be on alert during next weeks to identify possible new signals. Sliding under its previous bottom at would confirm the downtrend path. Not so far away is the last all-time high Autodesk marked late April. By mid March, SMA20w and SMA40w crossed up triggering a rise of 12.23%. Since price and SMA40w lines crossed up by mid January, ADSK climbed $34.27 (25.06%).
Autodesk stock price history
Autodesk IPO was on June 28th, 1985 at $0.45 per share1. Since then, ADSK stock grew a 37,902.20%, with a yearly average of 1,114.80%. If you had invested right after ADSK's IPO a $1,000 in Autodesk stock in 1985, it would worth $379,022.00 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 $172.70How 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 12 price forecasts for ADSK stock:
|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 ShareOn February, Autodesk presented its financial report, posting a fine climb for the Earnings per Share (EPS). Experts expected $0.18 per share, but Autodesk posted $0.20.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2019, Autodesk annual sales boosted an extraordinary 24.95% to $2,569.80 million dollars from $2,056.60 marked in 2018. Likewise, its earnings margin (compared to revenues) skyrocketed 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 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 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 outstanding gain and rocketed 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 invest in shares of a company, it's worth to review its ownership structure.
Autodesk shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.17% 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||$37.6 B||$944.0 B||$149.2 B||$17.7 B||$1.0 B|
|Total shares||219.6 M||4,600.0 M||488.0 M||83.9 M||116.7 M|
|Float shares||219.4 M||4,350.0 M||483.9 M||83.3 M||112.0 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%|
|Tuesday, July 16th, 2019|
|Day range||$170.67 - $174.66|
|Average true range||$3.53|
|50d mov avg||$167.40|
|100d mov avg||$165.46|
|200d mov avg||$152.11|
Autodesk performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected Apple, Adobe, ANSYS, 3D Systems, F5 Networks, Nuance Communications, PTC, Synopsys and Trimble as the bechmarking frame for Autodesk stock.
Autodesk competitorsWe chose a few stocks to conform a list of Autodesk competitors to review if you are interested in investing in ADSK:
- 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 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