Autodesk stock: buy or sell?

ADSK stock price: $170.61 -2.13% At close on May 20th, 2019

Updated on:
May 20th, 2019

4

Shares of Autodesk ended today at $170.61 and dropped a tragic -2.13%. On May 13th ADSK plummed a dreadful -5.36%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.
Is ADSK a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-4-10KeyCorpn/aOverweight
2019-3-6Argusn/aBuy
2019-3-5ArgusBuyAverage
2019-3-4Wedbushn/aNeutral
2019-3-29Wedbushn/aNeutral
2019-3-26Credit Suisse Groupn/aOutperform
2019-3-21Wedbushn/aNeutral
2019-3-21Evercore ISIn/aBuy
2019-3-1UBS Groupn/aUnderweight
2019-3-1Stifel NicolausBuyIn-Line
2019-3-1Stifel NicolausBuyIn-Line
2019-3-1KeyCorpn/aOverweight
2019-3-1KeyCorpOverweightOverweight
2019-3-1Griffin SecuritiesBuyBuy
2019-3-1Griffin Securitiesn/aBuy

Autodesk stock analysis

Daily outlook

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.

ADSK stock chart (daily)

Weekly outlook

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%).

ADSK stock chart (weekly)

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 $172.70

How 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:
ADSK stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-3-5ArgusRaises Targetn/a$184.00-
2019-3-4WedbushReiterates$131.00$163.0024.4%
2019-3-29WedbushReiteratesn/a$163.00-
2019-3-26Credit Suisse GroupRaises Target$175.00$188.007.4%
2019-3-21WedbushReiteratesn/a$163.00-
2019-3-21Evercore ISIReiteratesn/a$190.00-
2019-3-1UBS GroupRaises Targetn/a$91.00-
2019-3-1Stifel NicolausReiterates$163.00$185.0013.5%
2019-3-1Stifel NicolausRaises Target$163.00$185.0013.5%
2019-3-1KeyCorpRaises Target$168.00$184.009.5%
2019-3-1Griffin SecuritiesReiterates$175.00$188.007.4%
2019-3-1Griffin SecuritiesRaises Target$175.00$188.007.4%
(in average)$164.30$172.705.0%
The price target for Autodesk stock is $172.70, moving in a range between $190.00 and $91.00. In average, analysts' outlook on ADSK price forecast is positive, increasing the forecast by a 5.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Autodesk 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.
ADSK earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-0.59n/a
2017-Q3-n/a-0.65n/a
2017-Q42018-03-06-0.11-0.09n/a
2018-Q12018-03-06-0.33-0.36n/a
2018-Q22018-05-24-0.18-0.19n/a
2018-Q32018-08-23-0.06-0.06n/a
2018-Q42018-11-200.040.01-75.0%
2019-Q12019-02-280.180.211.1%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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.

ADSK annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$2,260 M-$229 M10.1%-
2014$2,500 M10.62%$82 M3.3%-64.25%
2015$2,512 M0.49%$82 M3.3%0.00%
2015$2,460 M-2.08%$-330.50 M-13.4%-504.03%
2016$2,504 M1.79%$-330.50 M-13.2%0.00%
2016$2,020 M-19.33%$-582.10 M-28.8%76.13%
2017$2,031 M0.54%$-582.10 M-28.7%0.00%
2017$2,050 M0.94%$-566.90 M-27.7%-2.61%
2018$2,057 M0.32%$-566.90 M-27.6%0.00%
2019$2,570 M24.95%$-80.80 M-3.1%-85.75%

Quarterly financial results

Autodesk 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.
ADSK quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$484 M-$-129.60 M-26.8%-
2017-Q3$499 M3.16%$-144.00 M-28.9%11.11%
2017-Q4$515 M3.27%$-119.80 M-23.2%-16.81%
2018-Q1$554 M7.47%$-173.50 M-31.3%44.82%
2018-Q2$560 M1.10%$-82.40 M-14.7%-52.51%
2018-Q3$612 M9.25%$-39.40 M-6.4%-52.18%
2018-Q4$661 M8.04%$-23.70 M-3.6%-39.85%
2019-Q1$737 M11.56%$64.70 M8.8%-373.00%

Autodesk ownership

When 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:

ADSKAAPLADBEANSSDDD
Market cap$37.6 B$869.4 B$134.4 B$15.7 B$1.0 B
Total shares220.2 M4,600.0 M488.0 M83.9 M116.7 M
Float shares219.3 M4,340.0 M486.4 M83.3 M112.2 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 selling0.0%0.0%0.0%0.0%0.0%

Autodesk summary

Monday, May 20th, 2019
Open$172.43
Close$170.61
Day range$168.32 - $172.82
Previous close$174.33
Session gain-2.13%
Average true range$5.35
50d mov avg$166.44
100d mov avg$156.32
200d mov avg$147.95
Daily pattern
Weekly pattern lb02a

Autodesk performance

To 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.
Stock3m6m12m
ADSKAutodesk5.63%28.58%28.52%
AAPLApple11.33%-1.54%2.99%
ADBEAdobe6.39%22.12%13.09%
ANSSANSYS7.47%18.50%13.70%
DDD3D Systems-35.89%-33.10%-30.78%
FFIVF5 Networks-18.92%-17.01%-20.18%
NUANNuance Communicat...7.32%8.10%27.88%
PTC -9.82%-0.08%-2.12%
RHTRed Hat1.55%6.00%12.45%
SNPSSynopsys12.42%34.37%30.22%
TRMBTrimble-1.23%8.57%13.93%

Autodesk competitors

One 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.

Latest Autodesk stock news