EPS for Adobe Systems Incorporated (ADBE) Expected At $1.25

May 22, 2018 - By Kurt Siggers

Adobe Systems Incorporated (NASDAQ:ADBE) LogoInvestors sentiment decreased to 0.89 in 2017 Q4. Its down 0.22, from 1.11 in 2017Q3. It worsened, as 47 investors sold Adobe Systems Incorporated shares while 389 reduced holdings. 107 funds opened positions while 280 raised stakes. 410.42 million shares or 1.09% less from 414.95 million shares in 2017Q3 were reported.
D L Carlson Inv Gp Inc has invested 0.73% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Regions Corp stated it has 20,233 shares. Greenleaf Trust accumulated 0.01% or 2,418 shares. Birch Hill Investment Advsrs Llc holds 2,051 shares or 0.03% of its portfolio. Waldron Limited Partnership accumulated 0.16% or 3,784 shares. Coldstream Capital holds 0.04% or 2,151 shares. Hbk Sorce Advisory Limited Company reported 5,266 shares stake. Services Automobile Association holds 529,924 shares or 0.25% of its portfolio. Ashmore Wealth Mngmt Ltd Limited Liability Company, Delaware-based fund reported 270,254 shares. Cls Investments Ltd Com has invested 0.08% in Adobe Systems Incorporated (NASDAQ:ADBE). Crestwood Advsrs Grp Ltd Company invested in 4,602 shares. Texas Permanent School Fund holds 0.29% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 134,569 shares. Invesco Limited stated it has 0.29% in Adobe Systems Incorporated (NASDAQ:ADBE). Kistler owns 0.02% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 362 shares. Principal Fincl owns 0.14% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 897,341 shares.

Since December 13, 2017, it had 1 buying transaction, and 17 sales for $87.77 million activity. 165,023 shares valued at $32.66M were sold by NARAYEN SHANTANU on Wednesday, January 24. On Monday, December 18 the insider Banse Amy bought $199,520. Shares for $5.81M were sold by Morris Donna. THOMPSON MATTHEW had sold 50,775 shares worth $10.16M on Friday, January 26. $10.21 million worth of stock was sold by GARRETT MARK on Tuesday, February 6. Lewnes Ann sold $680,503 worth of stock.

Analysts expect Adobe Systems Incorporated (NASDAQ:ADBE) to report $1.25 EPS on June, 19.They anticipate $0.44 EPS change or 54.32 % from last quarter’s $0.81 EPS. ADBE’s profit would be $615.59M giving it 47.73 P/E if the $1.25 EPS is correct. After having $1.28 EPS previously, Adobe Systems Incorporated’s analysts see -2.34 % EPS growth. The stock increased 0.24% or $0.57 during the last trading session, reaching $238.67. About 2.38M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since May 22, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

Adobe Systems Incorporated (NASDAQ:ADBE) Ratings Coverage

Among 20 analysts covering Adobe (NASDAQ:ADBE), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Adobe had 32 analyst reports since December 8, 2017 according to SRatingsIntel. The firm has “Hold” rating by JMP Securities given on Monday, March 26. The firm has “Buy” rating given on Wednesday, January 10 by Guggenheim. The firm earned “Buy” rating on Friday, March 16 by Stephens. Canaccord Genuity maintained it with “Buy” rating and $195.0 target in Thursday, December 14 report. The rating was maintained by Canaccord Genuity on Tuesday, January 23 with “Buy”. The rating was upgraded by DZ Bank on Tuesday, March 20 to “Buy”. The rating was maintained by Morgan Stanley on Friday, March 16 with “Equal-Weight”. The rating was maintained by Bernstein on Tuesday, January 23 with “Buy”. The stock has “Buy” rating by Stifel Nicolaus on Monday, March 12. Stephens maintained the shares of ADBE in report on Tuesday, January 2 with “Buy” rating.

Adobe Systems Incorporated operates as a diversified software firm worldwide. The company has market cap of $117.54 billion. The Company’s Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. It has a 63.66 P/E ratio. This segmentÂ’s flagship product is Creative Cloud, a subscription service that allows clients to download and install the latest versions of its creative products.

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Nasdaq.com which released: “Don’t Let Adobe (ADBE) Stock Slip Through Your Fingers” on May 10, 2018, also Seekingalpha.com with their article: “DocuSign raises IPO price range” published on April 25, 2018, Streetinsider.com published: “Stifel Remains Bullish on Adobe Systems (ADBE) Following Announced Acquisition Intentions for Magento” on May 22, 2018. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Streetinsider.com and their article: “After-Hours Stock Movers 05/21: (NBRV) (MU) (ADBE) Higher; (LBY) (ARDX) (PSTG) Lower (more…)” published on May 21, 2018 as well as Streetinsider.com‘s news article titled: “Adobe Systems (ADBE) Announces New $8B Stock Buyback Plan” with publication date: May 21, 2018.

Adobe Systems Incorporated (NASDAQ:ADBE) Ratings Chart

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