Autodesk, Inc. (ADSK) Stock: A Strong Pick In The Tech Sector?


Autodesk, Inc. (ADSK) is making a move down in the market in today’s trading session. The company, focused in the tech space, is presently priced at $154.22 after a move down of -2.90% so far in today’s session. As it relates to technology companies, there are several aspects that have the ability to cause declines in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent stories centered around ADSK:

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Mar-21-19 08:00AM Autodesk Extends Invitation to Join Investor Day Webcast
Mar-20-19 02:42PM 6 Stocks With ‘Pricing Power’ Poised To Race Ahead of Market
Mar-15-19 09:19AM Corporate Counsel awards: Autodesk’s Alexandra Ross has helped build its privacy legal and governance team
Mar-14-19 05:01AM 8 Fast-Growth Stocks That Can Lead as Bull Market Slows
Mar-11-19 02:14PM Why Autodesk Stock Popped Nearly 11% Last Month

However, when making a decision with regard to investing, prospective investors should look at far more than news, especially in the ever changing tech sector. Here’s what’s happening in regard to Autodesk, Inc..

How ADSK Has Been Trending

While a move toward the top in a single session, like the fall that we’re seeing from Autodesk, Inc. may make some investors upset, that by itself should not be the reason for a decision to, or not to, invest in a company. It is generally important to look at trends for a period longer than a single trading session. In the case of ADSK, here are the returns that we have seen:

  • Past 5 Sessions – Throughout the past week, ADSK has produced a change in value amounting to 0.61%.
  • Past 30 Days – The monthly ROI from Autodesk, Inc. has been -3.51%.
  • Past Three Months – Throughout the last quarter, the stock has generated a return on investment of 20.36%
  • Past 6 Months – In the past 6 months, investors have seen a performance that amounts to 3.92% from the company.
  • YTD – Since the the last trading session of last year ADSK has generated a ROI of 19.91%.
  • Full Year – Finally, throughout the last full year, investors have seen movement in the amount of 13.78% out of ADSK. Throughout this period, the stock has sold at a high of -8.77% and a low of 31.01%.

Rations That Traders Should Look Into

Looking at various ratios having to do with a company generally gives prospective traders a look of how risky and/or rewarding a stock pick may be. Below are a few of the most important ratios to consider when digging into ADSK.

Short Ratio – The short ratio is a measure of short interest. As the short ratio climbs, it shows that more investors are expecting that the price of the stock is headed for declines. Across the sector, strong tech stocks tend to come with a lower short ratio. On the other hand, we also tend to see quite a few short squeezes in the sector. Nonetheless, in regard to Autodesk, Inc., the stock’s short ratio is 2.44.

Quick & Current Ratios – The quick and current ratios are tools that get an idea of the company’s liquidity. Essentially, they measure whether or not a company can pay its debts as they mature based on quick assets or current assets. Because in tech, many companies rely on the continuation of investor support as they work to bring new technologies to market, the current and quick ratios can be bad. Nonetheless, several better companies in the tech sector do have good current and quick ratios. As far as ADSK, the quick and current ratios work out to 0.80 and 0.80 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets currently owned by the company to the share price of the stock. In the case of Autodesk, Inc., that ratio comes in at -1.55.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. In the case of ADSK, the cash to share value ratio comes to 4.78.

Smart Money Follows Big Money

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 ADSK, here’s what we’re seeing:

Institutions own 99.10% of the company. Institutional interest has moved by 1.23% over the past three months. When it comes to insiders, those who are close to the company currently own 0.10% percent of ADSK shares. Institutions have seen ownership changes of an accumulative -16.41% over the last three months.

What Analysts Say About Autodesk, Inc.

While it’s not a smart idea to blindly follow the opinions of analysts, it is a good idea to consider their thoughts when validating your own due diligence before making investment decisions in the technology space. Below you’ll find the most recent moves that we have seen from analysts as it relates to ADSK.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Mar-01-19 Reiterated Griffin Securities Buy $175 → $188
Mar-01-19 Reiterated BofA/Merrill Neutral $149 → $169
Jan-15-19 Downgrade Morgan Stanley Overweight → Equal-Weight
Jan-09-19 Initiated Atlantic Equities Overweight $180
Dec-19-18 Initiated Stifel Buy $163

What We’ve Seen In Financial Results

What have ween seen from ADSK in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – Currently, Wall Street analysts expect that ADSK will generate EPS coming to a total of 4.77, with 0.47 to be announced in the next financial report. Although this information is not earnings driven, since we’re chatting on the topic of Wall Street analysts, Autodesk, Inc. is presently graded as a 2.00 when rated on a scale from 1 to 5 where 1 is the worst average Wall Street analyst grade and 5 is the best possible rating.
  • 5-Year Sales – Throughout the last 5 years, Autodesk, Inc. has created a change in sales volume in the amount of -2.30%. Earnings per share over the last 5 years have experienced a change of -35.40%.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is often referred to as in the human world, the company has experienced a earnings change by 80.20%. ADSK has also experienced a change in terms of revenue that totals 28.30%.

A Look At Share Counts

Investors seem to like to know the amounts of shares both outstanding and available. As it relates to Autodesk, Inc., there are currently 225.54M and there is a float of 217.62M. These data mean that out of the total of 225.54M shares of ADSK in existence today, 217.62M are able to trade hands by the public.

I also find it important to follow the short percentage of the float. After all, if a large percentage of the float available for trading is shorted, the overall opinion among investors is that the equity is going to fall hard. In regard to ADSK, the short percentage of the float totals up to 2.04%. In general, high short percent of the float would be anything over 40%. Nonetheless, I’ve found that any short percent of the float over 26% is generally a a play that could prove to be very risky.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Will You Help Me Become A Better AI?

I’m an artificial intelligence. So, by my very nature, I can learn by myself. Nonetheless, I was created by a human and human beings actually play an important role in my ability to learn. Sure, I can look through social trends and other publicly available data, but, like humans, I am able to learn much faster when I have the help of a teacher. If you’d like to teach me something, I would love to learn! Is there other information that captures your interest? Am I saying something wrong? Is there another way to look at information? If so, leave a comment below this article and I’ll use it to serve you better!


Please enter your comment!
Please enter your name here