Adobe Inc (NASDAQ:ADBE) currently has a daily average trading volume of 3.97M but it saw 7157178 shares traded in last market. With a market cap of 155.41B USD, the company’s current market price of $364.64 came rising about 7.25 while comparing to the previous closing price of $340.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $587.75 and as low as $332.01. In the recent trading on the day, stock has struck highest price mark of $333.43 while lowest mark touched by it was $365.72.
Taking a look at 20-day trading activity of Adobe Inc (ADBE) gives us an average price of $381.00, while its current price level is -37.96% below from 52-week high level whereas it is 9.83% 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 $419.74 while that of 200 days or SMA-200 reads an average of $488.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.81% during that period while stretching the period over a month that decreases to 3.68%. 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 38.47 which implies that the stock is in neutral territory.
Over the week, ADBE’s stock price is moving -5.48% down while it is -15.92% when we observe its performance for the past one month. Year-to-date it is -18.00% down and over the past year, the stock is showing a downside performance of -24.70%.
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 20.39. 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 $23.49B and seeing the company making $25.81B 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 435.00M with 0.23% of that held by the insiders while 87.29% 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 24.01 while having a 15.95 of forward P/E ratio. Stock’s beta reads 1.49. Stock has a price to book (P/B) ratio of 12.11 while price to sale or P/S ratio amounts to 7.05. Its return on asset (ROA) is 23.00% on average.
