Adobe Inc (NASDAQ:ADBE) currently has a daily average trading volume of 3.78M but it saw 3423819 shares traded in last market. With a market cap of 173.01B USD, the company’s current market price of $397.81 came falling about -1.44 while comparing to the previous closing price of $403.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $587.75 and as low as $374.50. In the recent trading on the day, stock has struck highest price mark of $397.01 while lowest mark touched by it was $404.5.
Taking a look at 20-day trading activity of Adobe Inc (ADBE) gives us an average price of $416.96, while its current price level is -32.32% below from 52-week high level whereas it is 6.22% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $432.11 while that of 200 days or SMA-200 reads an average of $494.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.24% during that period while stretching the period over a month that increases to 2.79%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.04 which implies that the stock is in neutral territory.
Over the week, ADBE’s stock price is moving 2.56% up while it is -10.28% when we observe its performance for the past one month. Year-to-date it is -10.54% down and over the past year, the stock is showing a downside performance of -20.36%.
The company is expected to be releasing its next quarterly report on 2025-Mar-11, for which analysts forecasted an EPS of 4.98 while estimate for next year EPS is 20.4. In next quarter, company is expected to be making quarterly sales of $5.89B as analysts are expecting the sales for current fiscal year at $23.5B and seeing the company making $25.82B in sales next year. Moreover, analysts are in estimates of $5.81B for current-quarter revenue.
Currently, Adobe Inc’s total number of outstanding shares is 434.90M with 0.23% of that held by the insiders while 85.63% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 34.47% and return on equity (ROE) at 47.28%. It has a price to earnings ratio (P/E ratio) of 26.19 while having a 17.40 of forward P/E ratio. Stock’s beta reads 1.48. Stock has a price to book (P/B) ratio of 12.44 while price to sale or P/S ratio amounts to 7.85. Its return on asset (ROA) is 23.00% on average.
