Adobe Inc., an American multinational computer software company, witnessed gains. During the day, the stock increased to $481.58 and decreased to $466.01 before settling in for the price of $467.67. Additionally, Adobe posted a 52-week range of $255.13-$536.88.
Adobe posted annual sales growth of 21.90% over the last five years. Its annual earnings per share were 62.70%, while Earnings Per Share this year is 7.80%. Adobe’s shares outstanding now amount to $480 million, with a float of $477.02. The giant now has a $244.35 billion market cap, and the stock’s 50-day Moving Average is $467.96 while the 200-day Moving Average stands at $386.93.
The company has 22634 workers and has generated 491,801 per worker through the last fiscal year. Significantly, its income per employee was 130,399. The stock had a 7.81 Receivables turnover and 0.55 Total Asset turnover. For the Profitability, the stock’s gross margin was 83.40, the operating margin was 29.00, and the Pretax Margin of 28.79.
Adobe has $2.57 earnings per share
On August 30, the company published the result of the last quarter. Adobe has $2.57 earnings per share (EPS) for the quarter. Additionally, the software company reached a net margin of 26.51 while generating a return on equity of 29.67.
Adobe Inc.’s EPS increase for this current 12-month fiscal period is 7.80% and is likely to touch 11.17 in the following year. Considering the longer run, market investigators have prognosticated that the Company’s EPS will grow by 17.42% in the next five years.
Adobe’s Quick Ratio in the last reported quarter is 1.40. The stock has managed to achieve an average true range (ATR) of 19.73. Besides those numbers, its PE Ratio is $60.40, and its Beta score stands as 0.99. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for the trailing twelve months, which is currently 18.04. Furthermore, its price to free cash flow for the trailing twelve months is now 45.68.