Latest news with #ADSK
Yahoo
7 days ago
- Business
- Yahoo
Autodesk (ADSK) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest close session, Autodesk (ADSK) was down 1.9% at $288.96. The stock trailed the S&P 500, which registered a daily loss of 0.4%. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq gained 0.18%. Prior to today's trading, shares of the design software company had lost 1.59% lagged the Computer and Technology sector's gain of 6.34% and the S&P 500's gain of 4.97%. Analysts and investors alike will be keeping a close eye on the performance of Autodesk in its upcoming earnings disclosure. The company's upcoming EPS is projected at $2.44, signifying a 13.49% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.73 billion, indicating a 14.65% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $9.64 per share and a revenue of $6.97 billion, demonstrating changes of +13.81% and +13.67%, respectively, from the preceding year. Investors might also notice recent changes to analyst estimates for Autodesk. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.12% upward. Autodesk is holding a Zacks Rank of #3 (Hold) right now. Investors should also note Autodesk's current valuation metrics, including its Forward P/E ratio of 30.56. This expresses a premium compared to the average Forward P/E of 28.28 of its industry. One should further note that ADSK currently holds a PEG ratio of 1.94. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 2.18. The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 64, finds itself in the top 26% echelons of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Autodesk, Inc. (ADSK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
CNBC
15-07-2025
- Business
- CNBC
Trading this software stock after a recent sell-off using options
Sometimes the market just flat-out overreacts — and if you've got the right tools and mindset, those overreactions can turn into serious opportunities. That's where mean reversion comes in. It's all about stepping in after the panic, not during it — betting that things will snap back to equilibrium. Now, pair that with a strategic use of options, and you've got a disciplined way to profit from these snapbacks without taking on wild risk. I lay out the full framework for this style of trading in my book Mean Reversion Trading , and there are tons of live trade examples on my site . One name catching my attention right now is Autodesk (ADSK) . The stock dropped a brutal 12% in just four days starting July 8 — all because of speculation it might acquire PTC, a rival in the industry. That news triggered a sharp sell-off — the textbook kind of move we look for as mean reversion traders. Then came the twist: on Monday, Autodesk filed a business update with the Securities and Exchange Commission that all but shut down the idea of a big acquisition. The stock bounced immediately, but the full recovery hasn't happened yet — and that creates an opening for a smart, well-timed entry. Even though this setup stands strong on its own, I still like to check the RSI (relative strength index) for an extra layer of confidence. RSI is a classic momentum gauge. When it dips below 30, the stock is considered oversold — but the real signal comes when it starts climbing back out. In ADSK's case, RSI just popped off that oversold level, giving us a potential green light that momentum is shifting back to the upside. The trade setup: ADSK 295-300 bull call spread I'm approaching this mean reversion setup in ADSK using a bull call spread — a simple yet effective options strategy that limits downside risk while still offering solid return potential. The beauty of this setup is how flexible and capital-efficient it is: you can get positioned for around $250 and easily scale it up by adding contracts as the trade progresses. To put it in perspective — 10 spreads would cost about $2,500, with the potential to double that if ADSK closes at or above $300 by expiration. If the stock dips a bit more and drops below $295, there's a higher risk/reward opportunity by shifting the structure slightly and opening a $290–$295 call spread to take advantage of the lower entry point. Here is my exact trade setup: Buy $295 call, Aug 8 expiry Sell $300 call, Aug 8 expiry Cost: $250 Potential Profit: $250 -Nishant Pant Founder: Author: Mean Reversion Trading Youtube, Twitter: @TheMeanTrader DISCLOSURES: Nishant has a 295/300 bull call spread on ADSK, expiring on Aug. 8. All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.
Yahoo
14-07-2025
- Business
- Yahoo
Why PTC (PTC) Stock Is Nosediving
Shares of engineering and design software provider PTC (NASDAQ:PTC) fell 5.4% in the morning session after a report revealed that fellow software firm Autodesk (ADSK) would no longer pursue an acquisition of the company. According to a Bloomberg report citing people familiar with the matter, Autodesk decided to shelve its work on a potential cash-and-stock deal for PTC. The news sent PTC's shares down while Autodesk's stock rose, suggesting investors in the latter company were relieved that it was not moving forward with what would have been one of the largest takeovers of the year. PTC's stock had previously risen on reports that Autodesk was considering a buyout. In a regulatory filing, Autodesk stated it would remain focused on its strategic priorities, which include "targeted and tuck-in acquisitions," and did not specifically mention PTC. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy PTC? Access our full analysis report here, it's free. PTC's shares are not very volatile and have only had 5 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The previous big move we wrote about was 4 days ago when the stock dropped 6.9% on the news that rival engineering software firm Autodesk (ADSK) was considering a possible acquisition of the company. The pre-market dip followed a significant rally in PTC's shares on Wednesday, which occurred after the initial report of a potential takeover emerged. However, with neither PTC nor Autodesk confirming the acquisition talks, investor sentiment appeared to shift in early trading on Thursday. Analysts at Morgan Stanley noted that a combined entity could offer substantial benefits, including cost synergies and a stronger position in the manufacturing software market. They also highlighted that a merger would create a more extensive dataset, which could accelerate the development of generative artificial intelligence applications for the industry. Despite the potential long-term advantages, the lack of official confirmation from either company has introduced uncertainty, weighing on the stock. PTC is up 3.6% since the beginning of the year, but at $189.57 per share, it is still trading 9.9% below its 52-week high of $210.47 from July 2025. Investors who bought $1,000 worth of PTC's shares 5 years ago would now be looking at an investment worth $2,418. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Yahoo
14-07-2025
- Business
- Yahoo
Autodesk's Stock Climbs Following Report It's No Longer Looking to Buy PTC
Autodesk shares rose Monday following a report the company is no longer looking to purchase rival design software maker PTC. Autodesk said in a regulatory filing that it would remain focused on "targeted and tuck-in acquisitions," and didn't name PTC. A report last week indicated Autodesk was in discussions with advisers about possibly buying (ADSK) shares surged Monday following a report the company is no longer looking to purchase rival design software maker PTC (PTC). The stock was up close to 6% in recent trading, while PTC shares fell 2%. Bloomberg reported that it was likely Autodesk backed down because of the price, financial constraints, and opposition from activist investor Starboard Value, which it noted took a stake in the company earlier this year and pushed for changes. Autodesk wrote in a regulatory filing that it would remain focused on its strategy, including 'targeted and tuck-in acquisitions.' It did not directly mention PTC. Last Thursday, Autodesk shares slumped and PTC shares jumped on a report Autodesk was talking with advisers to evaluate a possible cash-and-stock purchase of PTC. Autodesk shares are roughly flat for 2025 so far, while PTC shares are close to 3% higher. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-07-2025
- Business
- Yahoo
Why Autodesk (ADSK) is a Top Growth Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term. For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time. San Fransisco, CA-based Autodesk develops model-based design, engineering and documentation software. The company serves customers in architecture, engineering and construction; product design and manufacturing; and digital media and entertainment industries. ADSK sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of A, and has a VGM Score of B. Earnings and sales are forecasted to increase 13.8% and 13.7% year-over-year, respectively. 11 analysts revised their earnings upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.16 to $9.64 per share. ADSK boasts an average earnings surprise of 6.2%. Looking at cash flow, Autodesk is expected to report cash flow growth of 36.7% this year; ADSK has generated cash flow growth of 29.2% over the past three to five years. Investors should take the time to consider ADSK for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Autodesk, Inc. (ADSK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
