Adobe Inc. (ADBE) Stock: Is This Technology Stock Worth Your Consideration?

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Adobe Inc. (ADBE) is making a move down in the market today. The company, one that is focused on the technology sector, is currently priced at $[Price] after falling [Change] so far in today’s session. In terms of technology companies, there are a number of factors that have the ability to cause price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent stories associated with ADBE:

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Mar-20-19 11:24AM Dont Stress About the Recent Weakness of Adobe Stock
10:53AM Why Salesforces Stock Continues to Impress Most Investors
10:20AM Pisani: Stocks moving amid trade optimism
Mar-19-19 04:10PM Warren Buffett Stocks: Who Joins Nvidia, Adobe, Facebook On This Screen?
01:00PM Adobe to Webcast Financial Analyst Q&A Meeting from Adobe Summit

However, when making an investing decision, investors should take a look at much more than just news, especially in the ever evolving tech industry. Here’s what’s happening with Adobe Inc..

Trends That We’ve Seen From ADBE

While a move toward the top in a single session, like what we’re seeing from Adobe Inc. might make some investors unhappy, a single session fall alone should not be the reason for a decision to, or not to, buy a company’s stock. It’s generally important to take a look at trends experienced by the stock for a period longer than a single trading session. In the case of ADBE, here are the trends that we’ve seen:

  • Past Seven Days – Throughout the last seven days, ADBE has seen a change in price in the amount of [Perf Week].
  • Past Month – The performance from Adobe Inc. throughout the past 30 days comes to [Perf Month].
  • Past Three Months – Over the past 3 months, the stock has produced a ROI that works out to [Perf Quarter]
  • Past Six Months – Over the last six months, we have seen a performance that works out to [Perf Half Y] from the company.
  • This Year So Far – Since the the last trading session of last year ADBE has generated a return of [Perf YTD].
  • Annually – Finally, over the last year, we’ve seen performance that comes to [Perf Year] out of ADBE. Over this period of time, the stock has sold at a high of [52W High] and a low of [52W Low].

Key Ratios

Digging into various key ratios associated with a stock generally gives prospective investors a view of just how dangerous and/or potentially profitable a stock pick may be. Here are a few of the key ratios to consider when digging into ADBE.

Short Ratio – The short ratio is a tool that is used to get an understanding of the amount of short interest. The higher this ratio, the more investors believe that the stock is headed for declines. In general, strong technology stocks can have a lower short ratio. On the other hand, we also see a lot of short squeezes in the space. Nonetheless, as it relates to Adobe Inc., it’s short ratio is [Short Ratio].

Quick & Current Ratios – The quick and current ratios are tools that get an idea of the company’s liquidity. Basically, they measure whether or not a company can cover its debts when they mature using quick assets or current assets. In the tech sector, many companies rely on the continuation of investor support as they work to bring new technologies to market, these ratios can be damning. Nonetheless, quite a few gems in the technology industry do have strong current and quick ratios. In terms of ADBE, the quick and current ratios total up to [Quick Ratio] and [Current Ratio] respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets owned by the company. In this case, that ratio equates to [Book/sh].

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the value of shares. In this case, the cash to share value ratio is [Cash/sh].

What Institutions And Insiders Think Of Adobe Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in ADBE, here’s what we’re seeing:

  • Institutions – At the moment, institutions own [Inst Own] of ADBE. Nonetheless, it’s worth considering that the ownership held by institutions has seen a move in the amount of [Inst Trans] over the last quarter.
  • Insider Holdings – When it comes to insiders, insiders of the company currently hold [Insider Own] of the company. Their ownership of the company has moved [Insider Trans] over the last 3 months.

How Analysts Feel About Adobe Inc.

Although it’s not a smart idea to unknowingly follow the thoughts of analysts, it is a smart idea to consider their analysis to validate your own thoughts before making an investment decision in the tech space. Here are the recent moves that we’ve seen from analysts as it relates to ADBE.

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Mar-15-19 Reiterated Canaccord Genuity Buy $290 → $300
Mar-15-19 Downgrade KeyBanc Capital Markets Overweight → Sector Weight
Feb-15-19 Downgrade Cowen Outperform → Market Perform $280
Jan-17-19 Initiated Stephens Equal-Weight
Jan-09-19 Initiated Atlantic Equities Neutral $250

Earnings

What have ween seen from ADBE in terms of financial results?Here is the data:

  • Analyst Expectations – As it stands at the moment, Wall Street analysts expect that the company will create earnings per diluted share coming to a total of [EPS next Y], with [EPS next Q] to be announced in the earnings report for the current quarter. Although this information is not based on earnings, because we’re talking about Wall St. analysts, Adobe Inc. is currently graded as a [Recom] on a scale from 1 to 5 where 1 is the poorest analyst grade and 5 is the best.
  • 5-Year Sales – In the last 5 years, Adobe Inc. has reported a movement in sales volume that works out to [Sales past 5Y]. EPS in the period have seen movement in the amount of [EPS past 5Y].
  • Quarter Over Quarter – when it comes to quarter over quarter data, or Q/Q data as it is commonly represented in the world of humans, ADBE has experienced a change in earnings that comes to a total of [EPS Q/Q]. ADBE has also seen movement when it comes to revenue that comes to a total of [Sales Q/Q].

A Look At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are [Shs Outstand] shares of Adobe Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, ADBE has a float of [Shs Float].

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to ADBE, the short percent of the float is [Short Float].

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