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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Adobe Inc.    ADBE

ADOBE INC.

(ADBE)
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Adobe Inc. : The sell-off can be us to open new trades

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03/18/2020 | 11:12am EDT
long trade
Target price hit
Entry price : 281.61$ | Target : 375$ | Stop-loss : 250$ | Potential : 33.16%
A rebound that should be anticipated
Investors have an opportunity to buy the stock and target the $ 375.
Adobe Inc. : Adobe Inc. : The sell-off can be us to open new trades
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at USD 309.53 USD in weekly data.
  • Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
  • Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
  • The group usually releases upbeat results with huge surprise rates.
  • For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
  • Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The stock is in a well-established, long-term rising trend above the technical support level at 309.53 USD

Weaknesses
  • The company's "enterprise value to sales" ratio is among the highest in the world.
  • With an expected P/E ratio at 33.02 and 35.55 respectively for both the current and next fiscal years, the company operates with high earnings multiples.


Stocks mentioned in the article
ChangeLast1st jan.
ADOBE INC. -2.08% 486.08 Delayed Quote.50.38%
AT HOME GROUP INC. 5.81% 21.91 Delayed Quote.277.09%
BYD COMPANY LIMITED -0.29% 139.5 End-of-day quote.259.07%
JUST GROUP PLC 4.79% 47.1572 Delayed Quote.-43.04%
THE NEW HOME COMPANY INC. -1.80% 5.234 Delayed Quote.14.38%
WILL GROUP, INC. -1.58% 870 End-of-day quote.-30.51%
WORLD CO., LTD. 1.34% 1366 End-of-day quote.-49.24%
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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2020 12 807 M - -
Net income 2020 4 891 M - -
Net cash 2020 2 917 M - -
P/E ratio 2020 48,0x
Yield 2020 -
Capitalization 238 B 238 B -
EV / Sales 2020 18,3x
EV / Sales 2021 15,7x
Nbr of Employees 22 634
Free-Float 79,4%
Upcoming event on ADOBE INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 543,61 $
Last Close Price 495,96 $
Spread / Highest target 21,0%
Spread / Average Target 9,61%
Spread / Lowest Target -19,3%
EPS Revisions
Managers
NameTitle
Shantanu Narayen Chairman, President & Chief Executive Officer
Matthew Thompson Executive VP-Worldwide Field Operations
John Francis Murphy Chief Financial Officer & Executive Vice President
Abhay Parasnis Chief Technology Officer & Executive VP
Cynthia A. Stoddard Chief Information Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
ADOBE INC.50.38%237 921
AUTODESK, INC.38.46%55 699
WORKDAY INC.36.40%53 198
TWILIO INC.203.93%44 266
ROPER TECHNOLOGIES, INC.18.98%44 131
ELECTRONIC ARTS INC.18.73%36 865