Anticipated $1.25 EPS for Adobe Systems Incorporated (ADBE) on June, 19

May 17, 2018 - By Samuel McNeil

Adobe Systems Incorporated (NASDAQ:ADBE) Corporate Logo
Big Money Sentiment decreased to 0.89 in 2017 Q4. It has change of 0.22, from 2017Q3’s 1.11. The ratio worsened due to Adobe Systems Incorporated positioning: 47 sold and 389 reduced. 107 funds bought holdings and 280 increased holdings. Investors holded 414.95 million in 2017Q3 but now own 410.42 million shares or 1.09% less.
Tci Wealth Inc has invested 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE). Arrow Financial holds 3,265 shs or 0.13% of its capital. Parkside Bank & Trust invested 0.06% of its capital in Adobe Systems Incorporated (NASDAQ:ADBE). Merriman Wealth Ltd Liability Corporation has invested 0.49% in Adobe Systems Incorporated (NASDAQ:ADBE). De Burlo Group has invested 2.19% in Adobe Systems Incorporated (NASDAQ:ADBE). Advantus Capital invested 0.22% of its capital in Adobe Systems Incorporated (NASDAQ:ADBE). Barrett Asset Management Limited Liability reported 5,810 shs. Pinnacle Ltd holds 39,895 shs. Tower Research Cap Limited Liability (Trc) owns 10,744 shs for 0.24% of their capital. Mitchell Capital Mgmt Co has invested 2.14% of its capital in Adobe Systems Incorporated (NASDAQ:ADBE). Green Square Lc invested in 8,832 shs. Aimz Invest Ltd Liability holds 1.37% or 10,400 shs. Bradley Foster & Sargent Incorporated Ct holds 0.84% of its capital in Adobe Systems Incorporated (NASDAQ:ADBE) for 131,598 shs. Next Century Growth Investors has 0.2% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 9,024 shs. Lombard Odier Asset Mgmt (Europe) Limited has invested 0.06% of its capital in Adobe Systems Incorporated (NASDAQ:ADBE).

Adobe Systems Incorporated registered $87.08 million net activity with 1 buy and 16 selling transactions since December 13, 2017. 21,276 Adobe Systems Incorporated (NASDAQ:ADBE) shs with value of $3.97M were sold by GESCHKE CHARLES M. DILLON MICHAEL A had sold 6,376 shs worth $1.26M on Wednesday, January 31. 5,000 shs valued at $1.12 million were sold by WARNOCK JOHN E on Monday, March 19. On Wednesday, January 24 the insider Rencher Bradley sold $3.63M. On Wednesday, April 18 Lewnes Ann also sold $680,503 worth of Adobe Systems Incorporated (NASDAQ:ADBE). On Wednesday, January 24 NARAYEN SHANTANU had sold 165,023 shs worth $32.66M.

Adobe Systems Incorporated (NASDAQ:ADBE)’s quarterly earnings will be reported on June, 19., Zacks reports. Analysts have expectation on stock’s earnings per share of $1.25. That’s up 54.32 % from last year’s $0.81 earnings per share. If the current earnings per share of $1.25 is accurate, ADBE’s profit could hit $615.59 million. After $1.28 earnings per share was reported previous quarter, analysts now see negative EPS growth of -2.34 % for Adobe Systems Incorporated. The stock increased 0.33% or $0.79 during the last trading session, reaching $237.39.Adobe Systems Incorporated has volume of 1.66 million shares. Since May 17, 2017 ADBE has risen 66.71% and is uptrending. ADBE outperformed by 55.16% the S&P500.

Adobe Systems Incorporated (NASDAQ:ADBE) Ratings Coverage

In total 20 analysts cover Adobe Systems (NASDAQ:ADBE). “Buy” rating has 16, “Sell” are 0, while 4 are “Hold”. 80% are bullish. 33 are the (NASDAQ:ADBE)’s analyst reports since November 22, 2017 according to StockzIntelligence Inc. On Friday, December 15 the firm earned “Buy” rating by Piper Jaffray. On Friday, March 16 the rating was maintained by JP Morgan with “Neutral”. On Friday, December 8 the company was maintained by RBC Capital Markets. On Thursday, March 15 Barclays Capital maintained Adobe Systems Incorporated (NASDAQ:ADBE) with “Overweight” rating. On Wednesday, December 13 the firm earned “Buy” rating by Bank of America. On Monday, March 12 Stifel Nicolaus maintained Adobe Systems Incorporated (NASDAQ:ADBE) with “Buy” rating. In Thursday, March 15 report RBC Capital Markets maintained it with “Buy” rating and $242.0 target. The company rating was maintained by Credit Suisse on Tuesday, January 23. On Friday, March 16 the rating was maintained by BMO Capital Markets with “Outperform”. On Tuesday, January 2 the firm has “Buy” rating given by Stephens.

Adobe Systems Incorporated operates as a diversified software firm worldwide.The firm is worth $116.91 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.The P/E ratio is 63.32. 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.

For more Adobe Systems Incorporated (NASDAQ:ADBE) news brought out recently go to: Nasdaq.com, Seekingalpha.com, Streetinsider.com, Benzinga.com or Investorplace.com. The titles are as follows: “Don’t Let Adobe (ADBE) Stock Slip Through Your Fingers” brought out on May 10, 2018, “DocuSign raises IPO price range” on April 25, 2018, “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” with a publish date: May 15, 2018, “Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio” and the last “25 Unstoppable Stocks to Buy No Matter What” with publication date: May 16, 2018.

Adobe Systems Incorporated (NASDAQ:ADBE) Analyst Ratings Chart

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