GESCHKE CHARLES M, Director, subtracted 12,000 shares of Adobe Inc. (ADBE) from its portfolio at the rate of $333.70 per share valuing $4,004,452 on Jan 07. The insider left behind 107,620 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $342.11, with a 2nd Resistance Point sitting at $343.77. Meanwhile, this company’s stock has a 1st Support Level at $338.49 and a 2nd Support Level at $336.53. 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 $340.45. Adobe Inc. (ADBE) stock has gained $6.02, or 1.80%, in the past five days. In the last full month, these shares have gained $33.40, or 10.88%. In the past three months, this stock’s price has risen by $66.18, or 24.13%. This year-to-date, Adobe Inc. (ADBE) shares have gained $10.64, or 3.23%.
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, 100% 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 484,079 K shares outstanding, this company currently has a market capitalization of $163,555,776K. Adobe Inc. (ADBE) generates $11,171 M in annual sales, amounting to annual net income of $2,951 M. This stock has generated a 1-Year Total Return of 44.61%, a 3-Year Total Return of 211.31%, and a 5-year Total Return of 371.03%. 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 11/19, Adobe Inc. (ADBE) reported earnings of $1.91 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.86 per share, representing a 0.05 difference and 2.69% surprise. In the previous quarter ending in 08/19, the reported earnings of $1.76 represented a 0.17 difference from the consensus estimate calling for $1.59 per share, which was a 10.69% surprise.
For the current fiscal quarter, which is set to end in 02/2020, the average earnings estimate is $1.83 per share. This estimate came from a total of 7 Wall Street Analysts. Of those market experts, the high estimate was $1.88 and the low estimate was $1.80. In the year-ago quarter, Adobe Inc. (ADBE) generated per-share earnings of $1.37. If the analysts are correct about the current quarter’s earnings, the growth will be +33.58%.
Turning our focus now to insider trading activity, there have been 3 purchases (32,860 shares in total) and 19 sale (47,209 shares in total) in the last 3 months. In the last 6 months, there have been 3 insider buys amounting to 32,860 shares and 31 insider sales amounting to 64,056 shares. In the past full year, 57 insider purchases were made (involving 759,768 shares) and 98 insider sell-offs equivalent to 783,778 shares.
Moving onto liquidity, Adobe Inc. (ADBE) has a Current Ratio of 0.79 and a Cash Ratio of 0.51. Looking at this company’s capital structure, its Total Debt to Total Equity is 39.30, its Total Debt to Total Capital is 28.21, and its Total Debt to Total Assets is now 19.93. Looking even further ahead into the future, its Long-Term Debt to Equity is 20.79 and its Long-Term Debt to Total Capital is 9.39.