GESCHKE CHARLES M, Director, subtracted 13,795 shares of Adobe Inc. (ADBE) from its portfolio at the rate of $289.96 per share valuing $4,000,018 on Jun 26. The insider left behind 121,235 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Adobe Inc. (ADBE) was $307.60. Currently, the 1st Resistance Point for this stock is $309.88, with a 2nd Resistance Point sitting at $312.16. Meanwhile, this company’s stock has a 1st Support Level at $305.61 and a 2nd Support Level at $303.62. Adobe Inc. (ADBE) stock has gained $1.90, or 0.62%, in the past five days. In the last full month, these shares have gained $31.61, or 11.45%. In the past three months, this stock’s price has risen by $35.70, or 13.13%. This year-to-date, Adobe Inc. (ADBE) shares have gained $81.36, or 35.96%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Adobe Inc. (ADBE) stock, 80% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”
With 485,439 K shares outstanding, this company currently has a market capitalization of $149,321,040K. Adobe Inc. (ADBE) generates $9,030 M in annual sales, amounting to annual net income of $2,591 M. This stock has generated a 1-Year Total Return of 23.97%, a 3-Year Total Return of 214.42%, and a 5-year Total Return of 323.98%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $0.013 per share on 03/24/05. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.
In the most recently-reported fiscal quarter, which ended in May-19, Adobe Inc. (ADBE) reported earnings of $1.83 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.78 per share, representing a 0.05 difference and 2.69% surprise. In the previous quarter ending in Feb-19, the reported earnings of $1.65 represented a 0.04 difference from the consensus estimate calling for $1.61 per share, which was a 2.26% surprise.
For the current fiscal quarter, which is set to end in 08/2019, the average earnings estimate is $1.59 per share. This estimate came from a total of 9 Wall Street Analysts. Of those market experts, the high estimate was $1.65 and the low estimate was $1.55. In the year-ago quarter, Adobe Inc. (ADBE) generated per-share earnings of $1.42. If the analysts are correct about the current quarter’s earnings, the growth will be +11.97% .
Turning our focus now to insider trading activity, there have been 1 purchases (5,616 shares in total) and 12 sale (55,517 shares in total) in the last 3 months. In the last 6 months, there have been 48 insider buys amounting to 726,028 shares and 67 insider sales amounting to 719,722 shares. In the past full year, 53 insider purchases were made (involving 803,403 shares) and 85 insider sell-offs equivalent to 849,088 shares.
Moving onto liquidity, Adobe Inc. (ADBE) has a Current Ratio of 1.13, a Quick Ratio of 1.13 and a Cash Ratio of 0.75. Looking at this company’s capital structure, its Total Debt to Total Equity is 44.06, its Total Debt to Total Capital is 30.58, and its Total Debt to Total Assets is now 21.39. Looking even further ahead into the future, its Long-Term Debt to Equity is 44.06 and its Long-Term Debt to Total Capital is 30.58.